El Salvador’s Bitcoin holdings soared with Donald Trump’s election victory. The President-elect’s migration stance may be more problematic for his ally Bukele’s economic plans. The gang ...
Washington, DC: An International Monetary Fund (IMF) staff team led by Luis Cubeddu, Deputy Director of the Western Hemisphere Department, and Raphael Espinoza, Mission Chief for El Salvador, held ...
El Salvador, a country of just over six million people, has been the site of several bold monetary experiments. In 2001, the U.S. dollar became the country’s sole official currency. Twenty years later ...
Seven years ago, El Salvador made global headlines as the first country in the world to ban all metal mining. The decision was hailed as a victory for environmental protection, celebrated by local ...
President Nayib Bukele has claimed that El Salvador is sitting on $3,000,000,000,000 of unmined gold. Bukele has revealed plans to submit a proposal to the Legislative Assembly, in order to 'repeal ...
El Salvador, which became the first country in the world to ban metals mining, could be losing out economy-changing wealth due to its massive unearthed gold deposits, says its President Nayib Bukele.
El Salvador will likely dial down bitcoin's role as a legal tender in exchange for a $1.3 billion loan from the International Monetary Fund, The Financial Times reported. Though a finalized deal ...
El Salvador may roll back a small aspect of its Bitcoin law as part of a new deal with the International Monetary Fund. The Latin American country may no longer require Salvadorean merchants to ...
SAN SALVADOR, Dec 8 (Reuters) - A magnitude 5.6 earthquake struck some 9 km (6 miles) south-west of La Union in El Salvador, the Euro-Mediterranean Seismological Centre (EMSC) said late on Sunday.
El Salvador has eased its pro-cryptocurrency policies to help secure a $1.4bn loan from the IMF. The president has ordered an investigation, saying the crash should not be treated as an accident.
The news from the US that women face tighter restrictions on abortion has been felt in El Salvador, which itself has very strict laws preventing access. In February, four women sat down before the ...
His £5 (€6.80) guitar actually turned out to be a 100-year-old masterpiece created by legendary Spanish luthier Salvador Ibanez. Ibanez is widely regarded as the best guitar-maker Spain has ...