CNN — Last week, El Salvador’s president Nayib Bukele posted a typically divisive video on Twitter. To the sound of thrilling fast-paced music, it showed hundreds of detainees being transferred to a new “megaprison” officially named the Center for Confining Terrorism. Constructed last year to host the Central American country’s burgeoning prison population, it is … Read more
Reuters — El Salvador’s government moved thousands of suspected gang members to a newly opened “mega prison” on Friday, the latest step in a controversial crackdown on crime that has caused the Central American nation’s prison population to soar. “This will be their new home, where they won’t be able to do any more harm … Read more
CNN — Eight months since El Salvador’s President Nayib Bukele announced a war on gangs, an estimated 2% of the country’s adult population – or roughly 100,000 people – are now behind bars. Bukele’s crackdown this year, prompted by a bloody killing spree by gangs that saw dozens of people killed in March, placed El … Read more
By Michael McDonald and Ezra Fieser Bitcoin is undergoing the biggest test in its 12-year history as El Salvador becomes the first country to adopt it as legal tender Tuesday. Both enthusiasts and detractors of crytocurrencies will be monitoring the experiment to see if a significant number of people want to transact with Bitcoin when … Read more
El Salvador’s President Nayib Bukele said on Wednesday that he has instructed state-owned geothermal electric firm LaGeo to develop a plan to offer bitcoin mining facilities using renewable energy from the country’s volcanoes. El Salvador became the first country in the world to adopt bitcoin as legal tender after its Congress approved Bukele’s proposal to … Read more