America El Salvador This past year the country broke its personal record for renewable energy generation, by producing 83% of its total electricity through sustainable means
America El Salvador The government has deployed 10.000 troops to the gang-controlled areas of the country, planning to surround all of the areas and extract the members one by one to place them in the country’s newest, dedicated prison
America El Salvador As of today authorities have arrested over 2% of the country’s adult population: the UN has warned that El Salvador should control the number of arrests it has been executing
America El Salvador The state has ordered the destruction of the luxury tombs of Mara Salvatrucha members - an international gang involved in drug and human smuggling - as a way to completely erase the memory of such criminals from the country
America El Salvador The country has established the National Bitcoin Office, a completely new government authority which will be regulated by President Nayib Bukele and will focus on regulating everything related to Bitcoin
America El Salvador President Nayib Bukele has announced that starting this week, the country will buy one Bitcoin every single day for an indefinite amount of time
America El Salvador As the country has about $670 million of bonds due to pay in January, China has offered to buy El Salvador’s debt to help it refinance all foreign obligations
America El Salvador About 180.000 Salvadorans are at risk of being deported from the US after negotiations with President Joe Biden on the extension of the Temporary Protected Status (TPS) — which allows families to temporarily stay in the US — fell apart
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