In El Salvador, lawmakers from President Nayib Bukele’s party have approved metallic mining, an activity previously banned due to its harmful environmental impacts. President Bukele argues that mining will revitalize the economy, but several voices warn of the...
Fitch Ratings on Tuesday upgraded its rating for El Salvador to B- from its prior CCC+ status, along with a stable outlook, citing a reduction in financing needs helped by a recently announced International Monetary Fund (IMF) program. The B- rating is, however, six...
Between 2015 and 2020, the average price per square meter in El Zonte was $34.33, based on a sample of 50 sales reviewed by El Faro. But between 2021 and 2024, that figure was $80.61, representing an increase of 134.80% since the approval of the Bitcoin Law. In six...
At the beginning of all things, “The Lord God took the man and put him in the Garden of Eden to work it and take care of it.” (Genesis 2:15). Man was placed on the planet not to remain inactive, but to fulfill the purpose of cultivating and caring for the...
The number of homicides registered in the country during 2024 does not match the data published by the Fiscalía General de la República (FGR) (Attorney General’s Office) and a tracking of daily reports published by the Policía Nacional Civil (PNC) (National...
With the approval of the new law allowing metallic mining in the country, the will of Salvadorans, who rejected it in 2017, has been overridden, warned the senior pastor of the Misión Cristiana Elim (Elim Christian Mission), Mario Vega. This is the most defined...