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SAN SALVADOR, El Salvador (AFP) — El Salvador’s legislative assembly on Wednesday approved a digital assets law aimed at legally protecting transfers or debt issues with cryptocurrencies. El Salvador was the first country to adopt bitcoin as a legal currency in September 2021, using it along with the US dollar, which it adopted as its currency in 2001. The 47-article law received 62 votes in favor out of 84 seats in Congress. “El Salvador’s Legislative […]
SAN SALVADOR, El Salvador (AFP) — Tropical Storm Bonnie was upgraded to a category one hurricane on Sunday as it swept towards Mexico after killing three people in El Salvador and Nicaragua, the US National Hurricane Center said. The hurricane, the third of the season off Mexico’s coast, is carrying maximum sustained winds of 80 miles (125 kilometers) per hour “with higher gusts,” the NHC said, citing satellite images. “The core of Bonnie is expected […]
SAN SALVADOR, El Salvador (AFP) — Thousands of people protested Sunday in El Salvador’s capital against corruption and what they see as a drift towards authoritarianism, days after the United States announced sanctions against a close aide of President Nayib Bukele. Bukele has drawn criticism for making bitcoin legal tender in the country, suggesting the volatile cryptocurrency will help revitalize its struggling economy, and for legal reforms which critics say are attacks on the independence […]
SAN SALVADOR, El Salvador (AFP) — There are now more than half a million people using El Salvador’s bitcoin wallet, President Nayib Bukele announced. The country of 6.6 million people this month became the first to adopt bitcoin as legal tender alongside the US dollar, which has been the official currency for two decades. “We currently have more than half a million users (of the Chivo wallet),” Bukele tweeted late Monday. The “Chivo Wallet” is […]
by Carlos Mario Marquez and Moises Avila SAN SALVADOR, El Salvador (AFP) — El Salvador on Tuesday became the first country to embrace bitcoin as legal tender, with consumer demand crashing its brand-new cyber “wallet” system even as the currency’s value seesawed against the US dollar. Under the initiative of President Nayib Bukele, Salvadoran consumers can now legally use bitcoin — along with the US dollar which has been the official currency for two decades […]
SAN SALVADOR, El Salvador (AFP) — El Salvador said it would ban all imports of pork products Sunday, as cases of the highly contagious African swine fever in the Dominican Republic sparked fears of a wider regional outbreak. A highly contagious viral disease that affects domestic and wild pigs, African Swine Fever (ASF) is present in parts of Asia, Eastern Europe, and Africa. A major outbreak in China in 2018 led to the culling of […]
SAN SALVADOR, El Salvador (AFP) — Emergency workers were searching for seven people still missing Monday as El Salvador and its Central American neighbors picked through the destruction after the first named Pacific storm of the year left at least 18 people dead. Rescue teams were trying to locate the missing in floodwaters caused by torrential rain and high winds after Storm Amanda swept in from the Pacific on Sunday, El Salvador’s Interior Minister Mario […]
SAN SALVADOR, El Salvador (AFP) — Tropical Storm Amanda, the first named storm of the season in the Pacific, killed 10 people as it lashed El Salvador and Guatemala on Sunday amid flooding and power outages. El Salvador’s President Nayib Bukele declared a state of emergency for 15 days to cope with the effects of the storm, which lost strength later in the day as it moved into Guatemala. The fatalities were all recorded in El […]
WASHINGTON, United States (AFP) — The United States on Friday recalled its envoys to three Latin American countries that recently switched diplomatic ties from Taiwan to China, saying it would hold consultations with the diplomats. The move comes after Washington accused Beijing last month of destabilizing cross-Strait relations and engaging in a campaign of “political interference” by poaching Taiwan’s allies in the western hemisphere. “The Department of State has called back the US Ambassador […]
SAN SALVADOR, El Salvador (AFP) — Five Central American nations are to sign a free trade deal with South Korea on Wednesday after more than two years of talks to ease tariffs and barriers on a range of products, El Salvador’s government announced. Costa Rica, El Salvador, Honduras, Nicaragua and Panama will seal the pact with the Asian country, sending their economy ministers to the signing ceremony. Six Central American countries had been involved in the negotiations, […]
by Edgar Calderon Agence France-Presse GUATEMALA CITY, Guatemala (AFP) – Guatemala on Tuesday said its decision to follow the US in moving its embassy in Israel to Jerusalem was a “sovereign” matter that should not affect ties with other countries. “These are Guatemala’s foreign policy and sovereign decisions,” Foreign Minister Sandra Jovel told a news conference. “In any case, we are open to being able to converse with countries that see it as such, but I don’t […]
From astronauts to Frida Kahlo, decked-out dogs take part in a costume contest in San Salvador.
