El Salvador

China rejects US "bullying" over Latin American partnerships

bnl editorial staff September 19, 2025

China has once again rejected American efforts to pressure Latin American nations into reducing ties with Beijing, with a foreign ministry spokesperson asserting the region's right to choose its own development partners independently.

Latin America's development gains under threat as one in four live in poverty, UN report finds

bnl editorial staff September 18, 2025

UNDP warns of stagnation and rising vulnerability across the region amid "overlapping crises".

El Salvador leads Latin America's democratic decline, global watchdog warns

Alek Buttermann September 16, 2025

The latest IDEA report warns El Salvador faces the fastest democratic erosion in Latin America, with security policies under Bukele raising concerns over freedoms, judicial independence, and long-term institutional damage.

El Salvador marks fourth anniversary of Bitcoin law with fresh purchase

Mathew Cohen September 9, 2025

El Salvador commemorated the fourth anniversary of its groundbreaking Bitcoin law by purchasing 21 BTC worth approximately $2.3mn, President Nayib Bukele announced on social media.

El Salvador breaks up Bitcoin stash amid quantum security concerns

Mathew Cohen September 2, 2025

El Salvador will redistribute its Bitcoin reserves across multiple new addresses to mitigate potential quantum computing threats, the country's National Bitcoin Office has announced.

Costa Rica embraces El Salvador's iron-fist model as drug violence surges

bnl editorial staff August 14, 2025

Costa Rica's decision to build a mega-prison modelled on El Salvador's controversial Cecot facility breaks sharply with the nation's democratic traditions and progressive criminal justice policies.

ECLAC raises Latin America growth forecast to 2.2% but warns of prolonged slowdown

bne IntelliNews August 8, 2025

The UN Economic Commission for Latin America and the Caribbean has lifted its 2025 regional growth estimate to 2.2% from a previous 2.0% projection, whilst acknowledging that economic expansion remains constrained by global volatility

El Salvador removes presidential term limits as Bukele tightens grip on power

bnl editorial staff August 1, 2025

El Salvador's legislature has approved constitutional reforms that will allow President Nayib Bukele to seek indefinite re-election, marking the latest step in what critics describe as the Central American nation's slide towards autocracy.

IMF says El Salvador's Bitcoin accumulation remains within programme limits

Marco Cacciati July 24, 2025

The IMF clarified El Salvador's Bitcoin accumulation remains consistent with its programme despite the nation's crypto portfolio swelling beyond $760mn as Bitcoin rallied above $120,000.

Nigel Farage proposes sending UK prisoners to El Salvador following Trump model

bne IntelliNews July 23, 2025

Reform UK leader Nigel Farage has announced plans to send British prisoners to El Salvador if he becomes prime minister, mirroring a controversial arrangement between US President Donald Trump and his Salvadoran counterpart Nayib Bukele.

El Salvador's Bitcoin gamble pays off as reserves surge past $760mn

Mathew Cohen July 15, 2025

El Salvador's Bitcoin holdings have surged to more than $760mn as the cryptocurrency climbed above $120,000, vindicating President Nayib Bukele's controversial digital asset strategy while successfully navigating conditions imposed by the IMF.

Renewable energy surge puts Latin America on track for climate leadership

bnl editorial staff July 10, 2025

Latin America stands at a critical juncture in its energy evolution, with its largest economies showing both remarkable progress in renewable adoption and persistent challenges in weaning themselves off fossil fuels.

El Salvador’s Bukele offers to ‘ship inmates to Paris’ following fashion week controversy

bne IntelliNews July 1, 2025

El Salvador’s government has sharply criticised a Paris Fashion Week show by designer Willy Chavarría for featuring outfits resembling the prison-issue uniforms used in the country’s maximum-security Terrorism Confinement Centre (CECOT).

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