Bloomberg L.P.21d
Crime’s Plunge and Bitcoin’s Boom Still Leave El Salvador Chasing Economic Miracle
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 ...
International Monetary Fund22d
IMF Reaches Staff-Level Agreement with El Salvador on an Extended Fund Facility Arrangement
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 País in English27d
El Salvador’s crypto dream falters under IMF pressure
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 ...
Newsweek29d
El Salvador Eyes $3 Trillion Gold Mine Beneath Its Soil
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 ...
unilad29d
El Salvador discovers a potential $3,000,000,000,000 worth of gold and no one is allowed to mine it
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 ...
Mining29d
El Salvador sitting on $3 trillion worth of unmined gold, president says
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.