America El Salvador The IMF has advised the country that if it doesn’t stop the use of the Bitcoin as a legal tender, it will no longer issue loans to the state
America El Salvador The country, together with Italy, announced the Vivicafé project, through which the Italian government will finance more than a thousand national small coffee producers with US$5 million to grow their businesses
America El Salvador As an attempt to discredit rumours of a potential default on its debt, the country has bought back a portion of its sovereign debt bonds, totalling a record-breaking US$565 million
America El Salvador President Nayib Bukele has announced that he is officially seeking re-election, despite the country’s constitution prohibiting presidents to serve consecutive terms
America El Salvador A year has passed since the state’s legalisation of Bitcoin as a legal tender, and since no major economic breakthroughs took place as a result, the IMF has shut down all negotiation opportunities for a possible financing plan for the country
America El Salvador President Nayib Bukele’s efforts towards its ongoing gang crackdown has lead to the government begin planning the construction of a mega-prison for over 40.000 gang detainees
America El Salvador President Nayib Bukele has publicly admitted that throughout the country’s ongoing state of emergency several unjust arrests have been done, so prisons have released approximately 800 wrongly convicted inmates
America El Salvador Just in the first few days of this month there has been a 195% increase in the country's terrestrial migratory flow
America El Salvador The government has extended the State of Emergency for a fourth time to continue its ongoing gang crackdown, however, citizens have taken the streets to protest since already over 46.000 people have been arrested
America El Salvador The UN is going to conduct a special mission in the country in order to evaluate the current emergency situation that is causing thousands of inmate deaths
America El Salvador In partnership with the NGO My First Bitcoin, the first generation of high school students with Bitcoin diplomas, specialised in Bitcoin studies, has officially graduated in the country
America El Salvador The ‘Guarantee Programme’ grants small companies the possibility to ask for loans with low guarantees in order to boost their business; the progran has been started by the ational Commission for Micro and Small Businesses and the Development Bank
America El Salvador A new investigation released by Amnesty International specified that the country is allegedly committing “massive human rights violations” during its ongoing gang crackdown, which includes thousands of arbitrary detentions and violations of due process