The Nuevas Ideas party of El Salvador published on its website the results of the internal elections, where the current president of the country, Nayib Bukele, obtained the necessary votes to register his candidacy for the presidential elections on February 28, 2027.
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Central America
Cryptocurrency market booms in Latin America and faces regulations in Europe
Digital assets can represent economic salvation for some and a path to ruin for others. Nevertheless, crypto adoption continues to increase in Latin America and Central America, while regulations are tightening in Europe, Asia, and…
El Salvador’s economy could have grown 4 % by the end of 2025
El Salvador should have closed 2025 with an economic growth rate of 4 %, instead of the 2.6 % projected by the International Monetary Fund.
The Central American nation, governed by Nayib Bukele, is projected to have achieved this strong…
OECD forecasts Costa Rica’s GDP growth at 3.8 %
The Organization for Economic Cooperation and Development (OECD) forecasts Costa Rica's Gross Domestic Product growth of 3.8% this year.
The international organization presented the data last Tuesday through the OECD Economic Surveys:…
IDB: Digital payments have increased in Latin America and the Caribbean
Digital payments have experienced rapid growth in Central America and the Caribbean, according to the recent Inter-American Development Bank (IDB) report titled “Towards Greater Financial Inclusion for Development.”
The IDB published this…
Bukele signs agreement with Google for operations in El Salvador
Nayib Bukele, President of El Salvador, announced that Google has plans to establish an office in the country, in addition to signing a strategic agreement with Google Cloud.
Undoubtedly, the rapprochement between the Central American…
Honduras launches pilot for the creation of a CBDC
The Central Bank of Honduras (BCH in Spanish) is making significant progress towards the modernization of its financial system with the start of the pilot plan for a possible CBDC.
Central bank digital currencies are a safe, fast and…
China inaugurated its embassy in Honduras
This Monday, the embassy of the People's Republic of China in Honduras was officially inaugurated, as a new step after the reestablishment of relations between the two countries on March 26.
During the inauguration ceremony of the…
Volcano Energy will invest in cryptocurrency miners for El Salvador
Volcano Energy, a leading renewable energy company, has announced an impressive $1 billion investment to carry out an ambitious Bitcoin mining industry project in El Salvador.
In a statement posted on Twitter by President Nayib Bukele, it…
Bitfinex obtained the first digital asset license in El Salvador
The government of El Salvador granted Bitfinex, an international exchange based in the British Virgin Islands, the first license issued by the country specifically for digital asset service providers.
The company announced this news…
The EU will allocate 210 million to combat food insecurity in 15 countries
The European Commission announced this Monday a new humanitarian assistance package endowed with 210 million euros that will go to 15 countries affected by the devastating effects of growing food insecurity in the world.
With this new aid,…
Germany tops list of world’s most pro-crypto countries in Q3 2022
Cryptocurrencies are present in most of the world's economies. Germany is not out of the adoption trend and, according to a study by Coincub, the European country is in the top of the most favorable to crypto adoption for the third quarter…