Latest Nayib Bukele News

El Salvador president changes Twitter profile to 'dictator'

Sep. 20, 2021 17:57 PM EDT

SAN SALVADOR, El Salvador (AP) — El Salvador’s bitcoin-pushing president apparently changed his Twitter profile description to “dictator” Monday, in what might be an ironic comment on last week’s protests against him. The office of President Nayib Bukele did...

Thousands protest against Bukele government in El Salvador

Sep. 15, 2021 19:19 PM EDT

SAN SALVADOR, El Salvador (AP) — Thousands of people gathered in El Salvador's capital Wednesday for the first mass march against President Nayib Bukele, who protesters say has concentrated too much power, weakened the independence of the courts and may seek re-election. ...

Problems continue to plague El Savador's bitcoin rollout

Sep. 14, 2021 16:28 PM EDT

SAN SALVADOR, El Salvador (AP) — One week after El Salvador became the first country to make bitcoin legal tender, problems continued to plague the system Tuesday. El Salvador rolled out a digital wallet known as the “Chivo” on Sept. 8, but the system has often...

Glitches still plague bitcoin rollout in El Salvador

Sep. 08, 2021 17:30 PM EDT

SAN SALVADOR, El Salvador (AP) — Salvadorans trying to pay for a cup of coffee or receive money sent from relatives in the United States using the cryptocurrency bitcoin continued struggling to perform transactions Wednesday, a day after El Salvador made it legal tender. ...

Early stumble as El Salvador starts Bitcoin as currency

Sep. 07, 2021 19:51 PM EDT

SAN SALVADOR, El Salvador (AP) — El Salvador became the first country to adopt Bitcoin as legal tender Tuesday, but the rollout stumbled in its first hours and President Nayib Bukele said the digital wallet used for transactions was not functioning. For part of the...

Bitcoin brings hopes, doubts for Salvadorans sending money

Sep. 06, 2021 10:01 AM EDT

MIAMI (AP) — El Salvador is betting that this week's pioneering adoption of Bitcoin will spur its economy, especially one of its most crucial sources of revenue: money sent home by Salvadorans in the United States. A fervent proponent of the cryptocurrency, President...

El Salvador court drops ban on presidential reelection

Sep. 04, 2021 23:29 PM EDT

SAN SALVADOR, El Salvador (AP) — El Salvador's top court and its election authority have tossed aside what seemed to be a constitutional ban on consecutive presidential reelection, setting the stage for President Nayib Bukele to potentially seek a second term in 2024. ...

Gift for El Salvador mudslide victims comes at steep price

Sep. 03, 2021 09:33 AM EDT

SAN SALVADOR, El Salvador (AP) — Eulalia García was stunned when she opened an envelope to find an invitation from none other than the president of El Salvador, Nayib Bukele. It promised a bus would take her family the following day to receive a surprise Christmas gift. ...

El Salvador court orders pre-trial detention of ex-officials

Jul. 28, 2021 17:06 PM EDT

SAN SALVADOR, El Salvador (AP) — A judge in El Salvador ordered the pre-trial arrest of 10 former government officials, including ex-President Salvador Sánchez Cerén, on corruption charges Wednesday. All of the former officials were part of the government of...

Ex-president formally charged in El Salvador corruption case

Jul. 25, 2021 19:23 PM EDT

SAN SALVADOR, El Salvador (AP) — Prosecutors in El Salvador said Sunday they have formally charged former President Salvador Sánchez Cerén and nine other former officials with illicit enrichment and money laundering. The charges are related to crimes allegedly...