News of central america

El Salvador president says half a million using new bitcoin wallet

14-09-2021 11:56 There are now more than half a million people using El Salvador's bitcoin wallet, President Nayib Bukele said Monday.

BLOOMBERG – ANALYSIS

The problem with Latin America’s rate hikes: they barely work

09-09-2021 14:25 From Brazil to Mexico, banks tighten faster than global peers; Unstable politics and off-the-books economies limit the impact

CRYPTOCURRENCIES

In world first, bitcoin becomes legal tender in El Salvador

07-09-2021 08:39 El Salvador officially becomes the first country in the world to accept bitcoin as legal tender.

BLOOMBERG

Cuba lays groundwork to legalise cryptocurrency transactions

30-08-2021 10:43 Communist government is trying to legalise and regulate the growing use of cryptocurrencies on the island as citizens ramp up transactions to evade state controls.

BLOOMBERG

Paraguay seeks to wind down stimulus as economy bounces back

27-08-2021 12:27 Paraguay will continue to dial back pandemic stimulus next year as a fast growing economy cushions austerity measures that have proved unpopular in other South American countries.

OPPOSITION CLAMPDOWN

Nicaragua cancels work permits of six foreign NGOs, including Oxfam

17-08-2021 13:50 Nicaragua on Monday cancelled operating permits for six NGOs from the United States and Europe, just days after President Daniel Ortega's government was sanctioned for arresting prominent political opponents.

CONFIRMATION

Nicaragua President Ortega to stand for re-election

02-08-2021 22:51 As expected, Nicaragua President Daniel Ortega will stand for a fourth consecutive term in November's general election, his Sandinista National Liberation Front (FSLN) party confirms.

CRYPTOCURRENCIES

El Salvador is banking on bitcoin, but will it work?

22-06-2021 15:28 El Salvador will soon become the only country in the world accepting bitcoin as legal tender, a cutting-edge but potentially risky new avenue for its large expat community to send money back home.

CRACKDOWN ON CANDIDATES

Fifth presidential hopeful arrested in Nicaragua

21-06-2021 11:40 A fifth would-be candidate for the Nicaraguan presidency was detained Sunday, police said, part of a mounting crackdown by President Daniel Ortega ahead of elections this year.

HUMAN RIGHTS & NICARAGUA

Rights groups slam government for failing to back OAS vote on Nicaragua

18-06-2021 23:16 Human Rights Watch and Amnesty International strongly criticise Argentina’s government for abstaining in OAS vote condemning Nicaragua's jailing of opposition leaders.

Human rights

Argentina abstains in vote condemning Nicaragua's jailing of opposition leaders

16-06-2021 00:41 Casa Rosada fails to endorse OAS resolution against Nicaragua demanding "immediate release of the presidential candidates and all political prisoners."

Cryptocurrencies

A crypto-revolution in Argentina

12-06-2021 00:17 Argentina’s economy is prime breeding ground for the crypto-world. And the populist promise of cheap energy here is a crypto-miner’s dream.

by Agustino Fontevecchia

CRYPTOCURRENCIES

El Salvador first country to approve bitcoin as legal tender

09-06-2021 09:33 Lawmakers in El Salvador approve bill that will eventually allow digital currency to be used for many aspects of daily life, from property purchases to tax contributions.

Nicaraguan Presidency

Nicaragua arrests another opposition presidential hopeful

07-06-2021 22:59 A Nicaraguan court ordered Arturo Cruz, an opposition politician, to be held in preventive custody for three months on "provocation" allegations days after another challenger of President Daniel Ortega was placed under house arrest.

US Border Crisis

Massive increase of migrant children at Mexico-US border, says UNICEF

20-04-2021 13:09 According to UNICEF, Mexican authorities are recording an average of 275 new migrant children a day waiting to cross into the United States or having been sent back from the northern side of the border.

RATE RISE

Brazil hikes interest rate, eyeing inflation

18-03-2021 11:39 First rate hike in six years for Latin America's biggest economy. Central Bank indicates another hike of the same magnitude could be coming in May.