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Global news

U.S. Extradites 238 Alleged Gang Members to El Salvador

March 17, 2025March 17, 2025 - by Allegra Nguyen - Leave a Comment

The U.S. has sent 238 alleged members of the Tren de Aragua gang to El Salvador, as stated by President Nayib Bukele. This move follows U.S. actions under wartime authorities …

U.S. Extradites 238 Alleged Gang Members to El Salvador Read More
Business / Companies

El Salvador’s Bitcoin Commitment Persists Despite IMF Pressure

March 9, 2025March 9, 2025 - by Liam Nguyen - Leave a Comment

El Salvador has acquired 13 additional Bitcoin since March 1, totaling over 6,105 BTC, despite IMF pressure to cease purchases. The government continues to embrace Bitcoin, having amended its laws …

El Salvador’s Bitcoin Commitment Persists Despite IMF Pressure Read More
Climate change

El Salvador’s Mining Resurgence: Environmental Risks and Economic Opportunities

March 8, 2025March 8, 2025 - by Marcus Chen - Leave a Comment

The repeal of the mining ban in El Salvador raises environmental concerns as the San Sebastián River has become polluted from an old gold mine. Critics argue that mining will …

El Salvador’s Mining Resurgence: Environmental Risks and Economic Opportunities Read More
economics

El Salvador’s President Defies IMF Bitcoin Restrictions Amidst Loan Agreement

March 6, 2025March 6, 2025 - by Marcus Chen - Leave a Comment

President Nayib Bukele has defied IMF restrictions on El Salvador’s Bitcoin strategy amidst a $1.4 billion loan agreement. The IMF demands zero government Bitcoin purchases and liquidation of the Fidebitcoin …

El Salvador’s President Defies IMF Bitcoin Restrictions Amidst Loan Agreement Read More
Business / economics

The Decline of El Salvador’s Cryptocurrency Vision

March 5, 2025March 5, 2025 - by Sofia Nawab - Leave a Comment

El Salvador has reversed its cryptocurrency laws that made bitcoin legal tender as part of a deal for a $1.4 billion loan from the IMF. The reversal allows businesses to …

The Decline of El Salvador’s Cryptocurrency Vision Read More
Business / economics

El Salvador’s Commitment to Bitcoin Persists Despite IMF Restrictions

March 5, 2025March 5, 2025 - by Allegra Nguyen - Leave a Comment

El Salvador’s President Nayib Bukele asserts that the country will maintain its Bitcoin purchases despite an IMF deal that forbids new acquisitions. The recent agreement includes restrictive measures on Bitcoin …

El Salvador’s Commitment to Bitcoin Persists Despite IMF Restrictions Read More
Climate change

Mining Resumption in El Salvador: Environmental Concerns versus Economic Hopes

March 5, 2025March 5, 2025 - by Allegra Nguyen - Leave a Comment

The resumption of mining in El Salvador raises alarms about environmental damage, particularly in the contaminated San Sebastián River. President Nayib Bukele promotes mining for potential economic gain, though environmentalists …

Mining Resumption in El Salvador: Environmental Concerns versus Economic Hopes Read More
Business

El Salvador Increases Bitcoin Holdings to 6,000 Units, Valued at $569 Million

March 5, 2025March 5, 2025 - by Liam Nguyen - Leave a Comment

El Salvador has successfully increased its Bitcoin reserves to over 6,000 coins, valued at $569 million, marking a 108% increase in investment. This move reaffirms Bitcoin as the country’s main …

El Salvador Increases Bitcoin Holdings to 6,000 Units, Valued at $569 Million Read More
Business / Companies

El Salvador’s Committed Bitcoin Purchases Amid IMF Pressure

March 5, 2025March 5, 2025 - by Sofia Nawab - Leave a Comment

El Salvador continues to purchase Bitcoin daily, with President Nayib Bukele openly defying IMF pressures to halt the program. Despite IMF stipulations as part of a loan agreement, Bukele insists …

El Salvador’s Committed Bitcoin Purchases Amid IMF Pressure Read More
Business / Companies

El Salvador Upholds Bitcoin Purchases Despite IMF Pressure

March 5, 2025March 5, 2025 - by Allegra Nguyen - Leave a Comment

El Salvador continues to buy Bitcoin regardless of the IMF’s request to cease purchases. President Nayib Bukele firmly stated that the country will persist in accumulating Bitcoin. The government maintains …

El Salvador Upholds Bitcoin Purchases Despite IMF Pressure Read More

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