America El Salvador President Nayib Bukele was sworn in for a second term amid security concerns, with police blocking a plot to detonate explosives; Bukele, reelected with 85% of the vote, faces high expectations to address the nation's economic crisis
America El Salvador As part of the ongoing anti-gang campaign, El Salvador has deployed 2.000 soldiers and 1.000 police officers to five neighborhoods in the city of Apopa to combat gang activity, following multiple resident complaints
America El Salvador Since 2021, El Salvador has mined nearly 474 bitcoins using geothermal energy from the Tecapa volcano, bringing its total bitcoin holdings to 5.750 worth approximately US$354 million
America El Salvador Over 60 civil society organizations condemned El Salvador's single-legislature amendment to the Constitution, deeming it undemocratic and highlighting the importance of having a broad societal discussion when there are constitutional changes
America El Salvador Chivo, El Salvador’s state-owned Bitcoin wallet, has fallen victim of a cybersecurity breach; parts of the wallet’s source code and VPN access credentials were published by a team of hackers
America El Salvador The majority of Salvadorans support President Nayib Bukele's exceptional regime against gangs, but many disagree with suspending constitutional guarantees, according to recent University study
America El Salvador El Salvador's economic growth in 2023 was the highest in the last 30 years, according to the latest data from the Central Reserve Bank (BCR)
America El Salvador This week El Salvador marks two years under a state of exception, initiated after an extortion-motivated massacre of 87 people in March 2022; to date, the government has captured 78.175 alleged gang members
America El Salvador The country has stored over US$400 million in Bitcoin in an offline "cold wallet," as the cryptocurrency hits new all-time highs; President, Nayib Bukele, called it El Salvador's “first crypto piggy bank”
America El Salvador Reelected President of El Salvador, Nayib Bukele, who already holds a majority in Congress, has further expanded his presence by winning 43 out of 44 municipal councils in the Sunday elections
America El Salvador Several foreign individuals have received Salvadoran passports after investing in bitcoin through the "Adopting El Salvador" program, where investors commit to a USD1 million investment in bitcoin or USD and can then obtain a passport
America El Salvador The World Travel and Tourism Council revealed that El Salvador is poised to experience the highest growth in international tourist arrivals in the first half of 2024 throughout Latin America, with a projected 157% increase attributed to citizen security
America El Salvador El Salvador's President Nayib Bukele, despite opposition allegations of irregularities, declared himself the winner of the general elections with over 85% of the votes, emphasizing his projects, amongst which a 15% VAT increase