Trends - El Salvador - Business Recorder

World

Behind Trump defence of Saudi crown prince, a deeper US shift on human rights

Nearly all recent US administrations have worked with leaders with poor human rights records in order to advance US interests

Updated 20 Nov, 2025 11:28am

Technology

Pakistan, El Salvador sign LoI on crypto collaboration

Bilal Bin Saqib, Minister of State for Crypto and Blockchain and CEO of the Pakistan Crypto Council (PCC), met with...

Published 17 Jul, 2025 10:21am

World

‘Just more powerful’: Trump pushes presidential limits in first 100 days

WASHINGTON: With Donald Trump back in the White House you never know what you’re going to get. Will he berate a...

Published 21 Apr, 2025 11:21am

World

El Salvador’s Bukele says he will not return man the US mistakenly deported

WASHINGTON: El Salvador President Nayib Bukele said at the White House on Monday he had no plans to return a man...

Published 15 Apr, 2025 03:07am

World

US State Department says deported Maryland resident ‘alive and secure’ in El Salvador

WASHINGTON: The US State Department said on Saturday a Maryland resident deported to El Salvador is “alive and...

Published 13 Apr, 2025 10:24am

World

US sends more prisoners to El Salvador despite court dispute

WASHINGTON: The United States has sent 17 more prisoners to El Salvador despite an ongoing court dispute, with the...

Published 31 Mar, 2025 08:19pm

World

US judge questions Trump’s deportation of Venezuelans

WASHINGTON: A U.S. judge on Monday ordered Trump administration officials to explain whether they violated his order...

Published 17 Mar, 2025 11:27pm

World

Magnitude 5.6 quake hits El Salvador

SAN SALVADOR: A magnitude 5.6 earthquake struck some 9 km (6 miles) south-west of La Union in El Salvador, the...

Published 09 Dec, 2024 10:40am

Pakistan

Pakistan among record number of developing countries facing a debt crisis

Record number of developing nations at risk of crisis will be high on the agenda next week for the World Bank Group and IMF spring meetings

Published 06 Apr, 2023 12:37pm

World

G20 meeting in India: where debt-ridden countries including Pakistan are in focus

LONDON: Meetings being held in India will see top officials from the Group of 20 leading economies discuss how to...

Published 24 Feb, 2023 10:17pm

World

Earthquake hits off coast in El Salvador

SAN SALVADOR: A magnitude 5.5 earthquake shook El Salvador’s coast on Thursday, according to the...

Published 04 Nov, 2022 09:50am

World

4.2 magnitude earthquake strikes off coast of El Salvador

SAN SALVADOR: A 4.2 magnitude earthquake struck off the coast of El Salvador shortly after 7 p.m. on Saturday (0100...

Published 17 Jul, 2022 10:43am

Print

Corruption in Central America frustrates US plan to tackle migration ‘root causes’

More than a year into US President Joe Biden’s sweeping effort to tackle the “root causes” of migration with...

Published 04 Jun, 2022 04:18am

Business & Finance

C Africa’s leap into bitcoin leaves its people bemused

LIBREVILLE: In the Central African Republic (CAR), nine out of 10 people do not have internet, and only one in seven...

Published 09 May, 2022 05:39am

Business & Finance

IMF urges El Salvador to remove bitcoin as legal tender

WASHINGTON: The IMF on Tuesday called on El Salvador to change course and stop using bitcoin as legal tender, citing...

Published 26 Jan, 2022 10:33am

Business & Finance

Mexico's Cemex to sell Costa Rica, El Salvador operations for $335mn

MEXICO CITY: Mexican building materials company Cemex said on Wednesday it would sell its operations in Costa Rica...

Published 30 Dec, 2021 10:59am

World

Thousands of Salvadorans protest against corruption

SAN SALVADOR: Thousands of people protested Sunday in El Salvador's capital against corruption and what they see as ...

Published 13 Dec, 2021 09:52am

Print

IMF urges El Salvador against using bitcoin as official currency

SAN SALVADOR: The International Monetary Fund on Monday warned El Salvador against using bitcoin as official tender...

Published 24 Nov, 2021 04:35am

Markets

IMF urges El Salvador against using bitcoin as official currency

SAN SALVADOR: The International Monetary Fund on Monday warned El Salvador against using bitcoin as official tender...

Published 23 Nov, 2021 11:31am

Print

El Salvador plans first ‘Bitcoin City’, backed by bitcoin bonds

MIZATA, (El Salvador): El Salvador plans to build the world’s first “Bitcoin City”, funded initially by...

Updated 22 Nov, 2021 09:48am

Technology

El Salvador plans first 'Bitcoin City', backed by bitcoin bonds

MIZATA: El Salvador plans to build the world's first "Bitcoin City", funded initially by bitcoin-backed bonds,...

Updated 21 Nov, 2021 03:01pm

Markets

El Salvador to use bitcoin gains to fund veterinary hospital, president says

SAN SALVADOR: El Salvador will invest some of the $4 million gains it has obtained from its bitcoin operations to...

Published 10 Oct, 2021 11:28am

Print

Emerging market 'cryptoization' threatens financial stability: IMF

LONDON: The advent of digital currencies in emerging markets could spark "cryptoization" of local economies,...

Updated 02 Oct, 2021 09:37am

Business & Finance

Salvadorans march against bitcoin and 'dictatorship'

SAN SALVADOR: Thousands of Salvadorans protested Wednesday against the government's introduction of bitcoin as legal...

Published 17 Sep, 2021 03:52am

Business & Finance

El Salvador: Foreign investors exempt from tax on bitcoin profits

SAN SALVADOR: El Salvador will exempt foreign investors from taxes on profits on bitcoin speculation in the country,...

Published 12 Sep, 2021 03:55am

Technology

Bitcoin bruised after chaotic debut as legal tender in El Salvador

The coin last traded at $46,560, having endured wild trade the day before in which it hit a near four-month high of $52,956 before plunging 11.1%, its largest fall since June 2

Published 08 Sep, 2021 12:35pm

Print

El Salvador's world-first adoption of bitcoin hits snags

SAN SALVADOR: El Salvador on Tuesday became the first country to adopt bitcoin as legal tender, although it suffered...

Published 08 Sep, 2021 04:31am

Technology

El Salvador leads the world into cryptocurrency: bitcoin legal tender

Last year alone remittances to El Salvador amounted to almost $6 billion, or 23% of its gross domestic product, one of the highest ratios in the world

Published 07 Sep, 2021 12:17pm

Business & Finance

El Salvador bitcoin move opens banks to money laundering, terrorism financing risks: Fitch

SAN SALVADOR: El Salvador's law making bitcoin legal tender means banks face higher risks, including of violating...

Published 27 Jun, 2021 03:56am

Markets

Bitcoin to become legal tender in El Salvador on Sept 7

According to Athena Bitcoin's website, the ATMs can be used to buy bitcoins or sell them for cash.

Published 25 Jun, 2021 10:47am