America El Salvador Finance Minister Alejandro Zelaya has stated that the country will further delay the launch of its anticipated $1 billion Bitcoin (BTC) bond, due to current price volatility and uncertain market conditions
America El Salvador The country has extended its state of emergency for a third consecutive month amid a widespread attempted eradication of gang violence, and has also approved a set of new anti-gang laws
America El Salvador The World Tourism Organisation has confirmed that the country has gained back the tourism it had before the pandemic — this being initially expected by 2024, thus demonstrating the speed and effectiveness of the tourism policies implemented
America El Salvador Hundreds of human rights groups have been protesting during the last few days criticising the massive arrests done by authorities of allegedly 22.000 suspected gang members
America El Salvador Shrimp fishing for the entire month of May is prohibited by government decision, as in this month shrimp reproduction is at its highest
America El Salvador Authorities in the country have arrested more than 10.000 suspected gang members, President Nayib Bukele said he pushes to eliminate violent crime following a recent rise in murders
America El Salvador The UN and Amnesty International expressed their concerns toward’s the country’s current State of Emergency caused by its violence, mentioning alleged inhumane treatment authorities are giving to detained criminals
America El Salvador The country has temporarily suspended taxes on gas; gas stations that still charge taxes to their customers have started to be heavily fined by authorities for non respecting the decree
America El Salvador The government cut down gas taxes, increased gas subsidies and temporarily prohibited the price increase of public transportation in order to alleviate the economic situation
America El Salvador The current conflict between Russia and Ukraine is causing increasing worries in El Salvador’s farmers, expecting their crops to heavily suffer, as the two nations are the country’s biggest fertilizer and pesticide suppliers
America El Salvador The Ministry of Tourism declared that ever since Bitcoin became a legal tender, tourism has grown by approximately 30%
America El Salvador A woman in El Salvador was condemned 30 years of prison after having a pregnancy miscarriage since it was ruled as a homicide; she was recently released after being in prison for 10 years, this being a big step forward for abortion laws in the country
America El Salvador The IMF reports that ever since Bitcoin became a legal tender less than a year ago, it has approximately cost 1% of GDP for the country