El Salvador

Nayib Bukele Confirms Unconstitutional Reelection Run

El Salvador’s ruling New Ideas (NI) Party confirmed on Monday that President Nayib Bukele registered his candidacy for the upcoming 2024 presidential election despite the nation’s constitution explicitly forbidding a current president from seeking reelection.

Salvadoran President Nayib Bukele gestures while speaking during a public appearance to set the first stone for the new Rosales Hospital in the Salvadoran capital. (Photo by Camilo Freedman/SOPA Images/LightRocket via Getty Images)

El Salvador Building More Prisons to House Thousands Arrested in Gang Sweep

El Salvador’s Legislative Assembly approved on Tuesday a law to expedite the construction of new prisons, El Salvador’s La Prensa Gráfica newspaper reported, noting the legislation aims to help accommodate some of the 13,573 alleged gang members arrested by police in the country over the past month as part of an unprecedented crime crackdown.

Members of the MS-13 and 18 gangs remain in an overcrowded cell as a security guard of the Director of the General Directorate of Penal Centers, Osiris Luna (out of frame), stands by, at the Quezaltepeque prison, in Quezaltepeque, El Salvador, on September 4, 2020. - Authorities from the General …

Presidents of Brazil and El Salvador Back Joe Rogan

Two Latin American presidents, Jair Bolsonaro of Brazil and Nayib Bukele of El Salvador, weighed in on the ongoing campaign against American podcaster Joe Rogan on Wednesday, condemning attacks on Rogan as an attempt to stifle freedom of speech and of the press.

TOPSHOT - Brazil's President Jair Bolsonaro gestures during a press conference at the Vila Nova Star Hospital after he was discharged, in Sao Paulo, Brazil, on January 5, 2022. - Bolsonaro announced this Wednesday on his social networks that he was discharged from the hospital in Sao Paulo where he …

IMF Demands El Salvador Give Up on Bitcoin

The International Monetary Fund (IMF) on Tuesday “urged” El Salvador’s government to rescind the legal tender status it bestowed to Bitcoin, a type of cryptocurrency, in September 2021, indicating that its failure to do so could hinder El Salvador’s intention of securing a future loan from the financial institution.

Largest Nordic bank Nordea bans employees' bitcoin trade