As happens every year, San Salvador’s Alameda Roosevelt was the setting where hundreds of women and various feminist organizations marched together to commemorate International Women’s Day on March 8. This time, in addition to protesting the continual violation of...
In a sudden turnaround, Nayib Bukele has walked back his decision, announced less than 24 hours earlier, to shut down Chivo Pets, an animal hospital reportedly financed with Bitcoin profits. This Sunday, Bukele stated on social media that Chivo Pets will continue...
Landslides on the slopes in several areas of the Los Chorros highway in Colón, La Libertad, have been reported on social media, after the Ministerio de Obras Públicas (MOPT) (Ministry of Public Works) carried out excavation cuts and used concrete anchors that were...
The agreement between El Salvador and IMF is not limited solely to transparency, anti-corruption, and restricting Bitcoin, but also to strengthening the fight against money laundering and combating the financing of terrorism. The document states that “measures will be...
IMF Hints at Asset Recycling Instead of Purchases in El Salvador The most recent statements regarding the compliance (or non-compliance) of the conditions that El Salvador must meet as part of the $1.4 billion International Monetary Fund (IMF) credit facility deal...
Few hard currency sovereign bonds have performed as well as El Salvador’s in recent months, a welcome turnaround for investors who not long ago faced the threat of default. But some are worried that the run-up in the country’s bonds may have gone too far, even as the...
