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The Latest Breaking News from Nayib Bukele

Bitcoin-Loving El Salvador President Nayib Bukele Running For Reelection: Here's How The Crypto Performed Since Becoming Legal Tender In The Country

In June 2021, El Salvador became the first country to make cryptocurrency Bitcoin (CRYPTO: BTC) legal tender.

Benzinga

Despite prohibition, El Salvador President Bukele says he will seek re-election

El Salvador President Nayib Bukele said Thursday he would run for re-election, despite the country's constitution prohibiting presidents from having consecutive terms.

Reuters

El Salvador's president Bukele says he will seek re-election

El Salvador President Nayib Bukele has announced on the country’s Independence Day that he will seek re-election to a second five-year term

The Independent UK

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One year on, El Salvador's Bitcoin experiment has proven a spectacular failure

A year ago, El Salvador became the first country to make Bitcoin legal tender – alongside the US dollar, which the Central American country adopted in 2001 to replace its own currency, the colón.

The Conversation

Bitcoin 'revolution' a work in progress

El Salvador President Nayib Bukele took the stage to fireworks, announcing to a cheering crowd of crypto enthusiasts at a beachside confab that Bitcoin would revolutionise his country.

Bangkok Post

El Salvador extends state of exception; 50,000 arrested

Some 50,000 people have been locked up in El Salvador since late March for alleged gang ties and the country's congress has now approved another month-long extension of the state of exception that suspends some rights in the name of combatting gangs

The Independent UK

Concern that Nicaragua repression could be "model" in region

Nicaragua President Daniel Ortega’s government has closed seven radio stations this week owned by the Roman Catholic church, as well as two other outlets serving the largely rural northern area with a history of opposition

The Independent UK

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In El Salvador, discrepancy over deaths and mass graves alarms critics

In El Salvador, testimony from police officers and conflicting statistics on mass graves are leading critics to question if homicides in the Central American country are being fully reported as access to official information tightens.

Reuters

Salvadoran Archbishop praises government crackdown on gangs

The Roman Catholic archbishop of San Salvador is praising a months-long state of emergency that has rounded of tens of thousands of suspects in a crackdown on gangs

The Independent UK

US publishes list of alleged bad actors in Central America

The U.S. State Department has named 60 current and former officials, as well as some corporate figures in its latest list of people suspected of corruption or undermining democracy in four Central American countries

The Independent UK

El Salvador extends state of exception in gang crackdown

El Salvador’s congress has granted President Nayib Bukele another 30-day extension of the state of exception that has suspended fundamental rights since a surge in gang killings in late March

The Independent UK

‘Each day is agony’: the lives swept up in El Salvador’s mass arrests

As President Nayib Bukele arrests tens of thousands over gang fears, activists and family members grapple with the fallout

The Guardian - US

El Salvador Just Bought Another $1.5M Bitcoin: 'Thank You For Selling Cheap'

El Salvador’s President Nayib Bukele announced today that the nation has acquired an additional 80 Bitcoin (CRYPTO: BTC) at an average price of $19,000 each.

Benzinga

El Salvador's Bitcoin-boosting leader buys $1.5 million more

El Salvador’s Bitcoin-boosting president is back at it, doubling down on his country's losing investment in the cryptocurrency by buying over $1.5 million more

The Independent UK

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The Guardian - US

El Salvador to escalate its security crackdown after death of police officers

President Nayib Bukele vowed to step up its ‘war on gangs’ even as 2% of the country’s population is jailed

Reuters

Salvadoran president vows tougher war on gangs after police killed

President Nayib Bukele of El Salvador pledged on Tuesday that his government will "intensify" already tough efforts to combat gangs after three police officers were gunned down earlier in the day.

Reuters

U.S. pressures El Salvador to extradite wanted MS-13 leaders

The U.S. State Department on Friday asked authorities in El Salvador to "immediately" extradite leaders of the international criminal gang MS-13 to be put on trial in the United States.

The Independent UK

Bitcoin-boosting Salvadoran leader asks for patience

El Salvador’s Bitcoin-boosting president is asking people to be patient after the price of the cryptocurrency fell below $20,000 _ less than half the price the government paid

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The Independent UK

Bitcoin-boosting Salvadoran leader may have second thoughts

El Salvador's Bitcoin-boosting president may be having second thoughts about the crypto-currency, whose value has tanked in recent weeks

Axios

Summit of the Americas underscores regional divides

Biden doesn't have many friends in the region.

The Independent UK

Salvadoran leader rebuffs Blinken effort to bolster summit

In the run-up to this week's Summit of the Americas, President Nayib Bukele of El Salvador rebuffed attempts by U.S. officials to set up a phone call with Secretary of State Antony Blinken

Reason

El Salvador's Latest Gang Crackdown Includes Human Rights Violations

President Nayib Bukele is using brutal tools to solve a problem driven partly by U.S. immigration policy.

The Guardian - US

‘It’s a war on the people’: El Salvador’s mass arrests send thousands into despair

At least 38,000 people have been arrested under Nayib Bukele’s draconic state of exemption

Benzinga

Four Good Reasons to Be Optimistic About Bitcoin: Is Bitcoin the cryptocurrency of the future?

So far in 2022, the entire crypto market has been impacted by wider economic and political uncertainties, led by Bitcoin (CRYPTO: BTC), with prices down more than 50% over the past six months and the price heading for the ninth consecutive red weekly candle.

The Independent UK

A crackdown in El Salvador, and fears of arbitrary arrests

Over the past 10 weeks, El Salvador’s security forces have arrested more than 36,000 people since the congress granted President Nayib Bukele the power to suspend some civil liberties to pursue powerful street gangs

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