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In 1995, El Salvador had an intentional homicide rate of 139 per 100,000, the highest in the world and one of the highest rates recorded in modern history. Like all educated middle-class Americans, my core understanding of urban crime comes from The Wire, so for comparison, when the show took place, the homicide rate in…
Did El Salvador’s people just vote to end their democracy?
Salvadorans voted in elections where President Nayib Bukele is expected to win by a large margin, despite concerns over his leadership style. Bukele's popularity stems from his tough stance on gang violence, resulting in a significant decrease in crime rates, albeit with controversial methods.
BERLIN, El Salvador (Reuters) - James and Nicki Malcolm moved to El Salvador from New Zealand to be part of a bitcoin dream sold by President Nayib Bukele in 2021 when he made the Central American nation the first in the world to accept the cryptocurrency as legal tender.
After a recent announcement by the U.S. Securities and Exchange Commission (SEC) to allow US-listed exchange-traded funds (ETFs) that track bitcoin, El Salvador president Nayib Bukele's deputy said the government will be doubling down on its crypto law in a second term.