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Moody’s Warns El Salvador’s Debt Plan Puts Local Banks at Risk

Moody's says a plan to refinance El Salvador's US$2.7 billion domestic debt is risky for local banks. The agency states this will increase the banks'...

El Salvador’s top election body has set the 2024 general elections

El Salvador's top election body has set the 2024 general elections. The Electoral Court says it assures a fair and lawful vote. The presidential and...

Opinion: El Salvador’s Cecot mega-prison hits its six-month milestone

(Opinion) El Salvador's Cecot mega-prison hits its six-month milestone, stirring up praise and criticism. However, it's important to consider its impact on one of the...

El Niño led to major losses for coffee farmers in El Salvador

El Niño caused a drought, which led to major losses of over 10,000 quintals of coffee in El Salvador. According to local news, this means...

Peru eyes El Salvador’s crime-fighting model as crime rises

Peru's Prime Minister, Alberto Otárola, expressed interest in adopting strategies similar to those that El Salvador's President, Nayib Bukele, used to tackle crime. Javier Arévalo,...

El Salvador’s journalist association warns of press threats due to Bukele’s actions

The Journalist Association of El Salvador (APES) recently voiced concerns over the perceived undermining of journalistic work by President Nayib Bukele. APES suggests these actions...

El Salvador toughens security measures against gang activity with 8,000 Troops and Police

El Salvador has initiated a reinforced security measure to address criminal gang activities, focusing on the Cabañas municipality, deploying approximately 7,000 soldiers and 1,000...

El Salvador reports safest month in the country’s history

President Nayib Bukele announced that July was the safest month in El Salvador's history, with the country's homicide rate at 2.2 per 100,000 inhabitants...

Revenues from El Salvador’s main agricultural export, coffee, down 6% through June

In the first three quarters of the 2022-2023 cycle, revenues from El Salvador's coffee exports reported a roughly 6% decline, according to official figures. This...

Contrary to all prediction, El Salvador’s bonds rise 60% by 2023

In 2023, El Salvador, recognized as the inaugural nation to adopt Bitcoin as legal tender, witnessed a 60% increase in its bonds. This development occurred...

El Salvador’s president announces changes in key government positions

El Salvador's President, Nayib Bukele, has assigned Jerson Rogelio Molina, formerly Vice Minister, as the interim Finance Minister, according to the official government announcement...

El Salvador’s emergency regime extended by Congress

The Legislative Assembly of El Salvador, with a majority supporting the government, has voted in favor of extending the emergency regime for the sixteenth...

El Salvador experiences 7.5% decline in exports from January to May 2023

El Salvador's exports have declined by 7.5% between January and May 2023 compared to the same period last year, amounting to a decrease of...

Inflation in El Salvador falls to 4.4% in May, according to central bank data

The year-on-year inflation rate in El Salvador moderated to 4.4% in May, marking the lowest index since August 2021, according to figures from the...

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