El Salvador

IMF: How Artificial Intelligence can boost productivity in Latin America

Bas B. Bakker, Sophia Chen, Dmitry Vasilyev for IMF March 24, 2025

Latin America and the Caribbean has long been a region with one of the most informal labour markets. A large part of the workforce is outside of the formal economy, leaving many people without access to benefits and protections.

US pays El Salvador $6mn to house Venezuelan gang members in controversial prison deal

Alek Buttermann March 17, 2025

El Salvador has received 238 alleged members of Venezuela's Tren de Aragua gang and 23 MS-13 members from the United States, establishing what analysts describe as an unprecedented model of cross-border incarceration services.

Trump's migration clampdown endangers remittances lifeline to Central America

bne IntelliNews February 26, 2025

Trump's crackdown threatens vital remittances to Central America, where money sent by migrants makes up to 27% of GDP. The region received $160.9bn in 2024, but these crucial flows now face risk as families depend on them for survival.

Tether chief hails El Salvador as Latin America's emerging financial hub

bne IntelliNews February 19, 2025

Tether's relocation to El Salvador represents a "vote of confidence" in the Central American nation's potential to become a "preeminent financial centre", according to Paolo Ardoino, the stablecoin issuer's chief executive.

EU eyes “strategic autonomy” partnership with Latin America amid deepening rift with US

bne IntelliNews February 19, 2025

The European Union is seeking to deepen its relationship with Latin America and the Caribbean, framing the partnership as one built on "strategic autonomy" rather than as a counterbalance to China's growing influence in the region.

Uruguay leads Americas in anti-corruption rankings as regional standards slip

bne IntelliNews February 12, 2025

Uruguay has emerged as a beacon of transparency in the Americas, securing the top position in Transparency International's latest Corruption Perceptions Index (CPI) with a score of 76 points – its highest since 2012.

Trump’s USAID retreat from Latin America opens door to Chinese influence

bne IntelliNews February 11, 2025

The Trump administration's sweeping plans to axe USAID are poised to deliver a significant blow to humanitarian and development programmes across Latin America, paving the way for Beijing's increased activity.

El Salvador tests global prison market with US inmate plan

Alek Buttermann February 11, 2025

El Salvador's recently floated plans to enter international prison management could represent a Copernican shift in global correctional services.

COMMENT: Trump's Latin America gambit pays off, but at what cost?

Ricardo Martins in Da Nang February 7, 2025

Donald Trump’s return to the presidency has reignited tensions between the United States and Latin America. However, recent events have allowed Trump to secure his first wins through an aggressive, transactional foreign policy.

Trump reveals his plan to take over Gaza following meeting with Israeli Prime Minister Netanyahu

bnm Tel Aviv bureau February 5, 2025

US President Donald Trump announces plans for American control and redevelopment of the Gaza Strip following talks with Israeli Prime Minister Benjamin Netanyahu, signalling a major shift in US policy towards the region.

El Salvador's president agrees to accept deportees in meeting with US Secretary Rubio

Mathew Cohen February 4, 2025

US Secretary of State Marco Rubio announced a landmark migration agreement with El Salvador on February 3, following a meeting with President Nayib Bukele at his lakeside residence near San Salvador.

El Salvador's bitcoin dream falters despite lofty crypto hub ambitions

bne IntelliNews February 3, 2025

El Salvador has quietly scaled back its ambitious cryptocurrency experiment, marking a significant reversal of President Nayib Bukele's vision to transform the Central American nation into a bitcoin paradise.

“Latin American Davos” kicks off in Panama as region battles growth slump

bne IntelliNews January 30, 2025

Panama is hosting what organisers touted as the region's answer to Davos, as political and business leaders gather to tackle Latin America's persistent economic challenges amid growing concerns over rising poverty and middle-class stagnation.

Argentina's Milei seeks to establish right-wing international alliance

Mathew Cohen January 30, 2025

Argentina's President Javier Milei is working to establish an international ideological forum to combat what he calls a crumbling "global hegemony" of left-wing politics.

Climate crisis threatens Latin America's fight against hunger, UN report says

bne IntelliNews January 29, 2025

Latin America and the Caribbean face mounting risks to food security as climate change intensifies, with the region now second only to Asia in its exposure to extreme weather events, according to a joint report by UN agencies.

Mexico and Central America face pressure over US deportation push

bne IntelliNews January 28, 2025

Donald Trump's administration has launched what it calls "the largest massive deportation operation in history", dismantling key migration programmes and triggering diplomatic tensions across Latin America.

COMMENT: Is Latin America prepared for Trump 2.0?

Ricardo Martins in Da Nang January 27, 2025

Donald Trump’s return to the White House, heralded by his inaugural address and subsequent executive orders, has sent shockwaves across the world and Latin America, particularly in Mexico and Panama.

Trump's return to White House draws polarised Latin American response

Marco Cacciati January 22, 2025

Latin America has split over Donald Trump's White House return, with a handful of leaders rushing to embrace the new president while others eye his protectionist agenda with alarm.

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