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El Salvador launches debt buyback program amid uncertainty over its bitcoin bond

The government of El Salvador announced Monday (12) that it has offered to buy back a portion of its government bonds maturing in 2023...

“Zero murders”, says El Salvador’s Bukele and rejects criticism by U.S. lawmakers

El Salvador President Nayib Bukele rejected recent criticism by U.S. congressional lawmakers of the alleged deterioration of human rights during the emergency regime that...

El Salvador’s Bitcoin experiment falters one year after its launch

A year after Bitcoin was introduced as a means of payment, few people in El Salvador are using the cryptocurrency. The area where the world's...

El Salvador’s five-year credit default swap (CDS) exploded

RIO DE JANEIRO, BRAZIL - El Salvador's sovereign credit is multiple times worse than it was, according to Bloomberg data. Credit default swaps measure...

El Salvador’s Congress freezes fuel prices

RIO DE JANEIRO, BRAZIL - On April 5, the Legislative Assembly of El Salvador approved a law to freeze fuel prices during April and...

El Salvador: Emergency regime enters into force due to homicides escalation

RIO DE JANEIRO, BRAZIL - The exception regime approved by the Legislative Assembly of El Salvador early Sunday morning due to the escalation of...

Venezuela, Cuba, Bolivia, Nicaragua, and El Salvador exhibit their alliance with Russia at the UN

RIO DE JANEIRO, BRAZIL - The extraordinary UN General Assembly voted on Wednesday a resolution condemning the Russian special military operation in Ukraine. It...

El Salvador’s Bukele says U.S. losing credibility on Ukraine crisis

RIO DE JANEIRO, BRAZIL - The president of El Salvador, Nayib Bukele, said Sunday on his Twitter account that the administration of Joe Biden...

El Salvador’s Nayib Bukele says that Canada’s president has ‘zero credibility on democracy’ after emergency law against freedom convoy

RIO DE JANEIRO, BRAZIL - The president of El Salvador Nayib Bukele tweeted that the Canadian government has "zero credibility" when it comes to...

Brazil, El Salvador: coffee prices rose 110% in the last year

RIO DE JANEIRO, BRAZIL - In 2021, the price per quintal of coffee had risen more than US$100 in the international market. Last week...

Mexico’s Volaris airline operates under El Salvador’s flag and will accept bitcoins

RIO DE JANEIRO, BRAZIL - Volaris, a leading Mexican airline, on Tuesday (19) became the second airline to operate under the flag of El...

El Salvador announces plan to mine bitcoin using geothermal energy produced by volcanoes

RIO DE JANEIRO, BRAZIL - El Salvador's President Nayib Bukele shared a video showing the apparent progress of the country's bitcoin mining plant using...

More than 2 million residents in El Salvador have registered to receive bitcoins

RIO DE JANEIRO, BRAZIL - More than 2 million Salvadorans have downloaded a government digital wallet and registered to receive a bitcoin bonus, according...

El Salvador’s Bukele faces first mass protest; accuses international community of funding opposition

RIO DE JANEIRO, BRAZIL - The marriage is over. On Wednesday, September 15, two years after the government's inauguration, thousands of people took to...

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