The Parliament of El Salvador Sunday agreed to validate a State of Emergency nationwide after 62 people died Saturday in clashes between gangs, it was announced.
The International Monetary Fund (IMF) has urged Salvadorean President Nayib Bukele to drop the use of bitcoin as legal tender in the country, on the grounds that there are “great risks associated” with this practice. Bukele officially adopted bitcoin last September.
The recent murders of 46 people in the last 72 hours all across El Salvador have led President Nayib Bukele to summon the army to assist the national police in patrolling the most violent areas.
The Parliament of El Salvador has passed with 62 out of 84 votes a bill submitted by President Nayib Bukele to classify Bitcoin as legal tender, thus becoming the first country in the world to adopt a cryptocurrency. Its use as legal tender will go into law in 90 days.
China has agreed to pay for a new national stadium and library in El Salvador as part of an infrastructure package promised to the country after it switched allegiance from Taiwan to Beijing.
Venezuela ordered El Salvador's diplomats to leave the country in reprisal for President Nayib Bukele's expulsion of officials representing the government in Caracas. El Salvador does not recognize Venezuelan President Nicolas Maduro as legitimate and said on Saturday it would receive a new diplomatic corps representing opposition leader, Juan Guaido.
El Salvador's President Nayib Bukele, whose social media savvy helped win him power earlier this year, took a selfie before his maiden speech at the UN General Assembly, which he called obsolete and suggested scrapping.
El Salvador's President Nayib Bukele said his country bears responsibility for the recent drowning deaths of a father and his toddler daughter who had been attempting to cross into the United States, saying that security and economic hardships he inherited are driving people to make the perilous journey.
El Salvador President Nayib Bukele ratified his country's diplomatic relations with China, almost a year after breaking ties with Taiwan.
El Salvador’s decision to establish ties with China was correct and the two countries have bright prospects, a Chinese envoy told El Salvador’s maverick new president, who has been critical of Beijing.