Tag

Nayib Bukele

All articles tagged with #nayib bukele

economy1 year ago

El Salvador's $3 Trillion Gold Dilemma: To Mine or Not to Mine?

El Salvador is reconsidering its 2017 ban on metal mining as President Nayib Bukele claims the country has gold reserves worth $3 trillion, potentially transforming its economy. This shift comes amid economic challenges, with Bukele arguing that mining could significantly boost GDP. However, the proposal faces opposition from environmentalists and local communities due to potential ecological damage. The debate highlights the tension between economic opportunity and environmental protection, as El Salvador weighs the benefits of exploiting its mineral wealth against the risks.

cryptocurrency1 year ago

El Salvador's Bukele Celebrates Bitcoin Success as Value Soars

El Salvador's President Nayib Bukele celebrated as Bitcoin's value surpassed $100,000, significantly boosting the country's investment to over $600 million. Despite initial resistance and protests against making Bitcoin legal tender in 2021, Bukele argued that the cryptocurrency would benefit the unbanked and reduce remittance costs. However, many Salvadorans quickly cashed out the $30 Bitcoin incentive provided by the government.

human-rights1 year ago

El Salvador's Anti-Gang Crackdown Leads to Child Torture and Mass Arrests

Human Rights Watch reports that over 3,000 minors have been arbitrarily arrested and abused in El Salvador's prisons as part of President Nayib Bukele's mass antigang campaign. Many children, with no apparent gang connections, were targeted based on appearance or socioeconomic background, suffering beatings, torture, and deprivation of basic needs. Despite reducing the homicide rate and gaining popular support, Bukele's tactics have led to severe human rights violations.

human-rights1 year ago

El Salvador's Gang Crackdown Leads to Torture and Imprisonment of Children: Report

A Human Rights Watch report reveals that about 3,000 children, some as young as 12, have been arbitrarily detained in El Salvador's mass arrests under President Nayib Bukele's anti-gang crackdown. Despite significant reductions in violence, the report highlights severe human rights abuses, including torture and overcrowded, dangerous detention conditions. The report urges the government to review these cases and calls on international bodies to withhold support from agencies involved in the abuses.

international-relations1 year ago

Bukele's Second Term Begins Amid Controversy and Criticism

The Biden administration has shifted its stance on El Salvador's President Nayib Bukele, prioritizing cooperation on migration over previous concerns about his authoritarian governance. This change is marked by a high-level U.S. delegation attending Bukele's inauguration, reflecting the administration's focus on reducing migration from El Salvador, which has seen a significant drop due to Bukele's crackdown on gangs. Despite past criticisms, the U.S. now seeks to work with Bukele to address migration and security issues.

politics1 year ago

Bukele Begins Second Term Amid Power Consolidation and Security Concerns

El Salvador's President Nayib Bukele begins his second term after a landslide re-election, consolidating near-total control over parliament and state institutions. Despite high approval ratings for his crackdown on gangs, Bukele faces criticism for authoritarian tendencies and human rights abuses. Economic challenges, including high public debt and inflation, loom as potential threats to his popularity.

international-news1 year ago

El Salvador Foils Bomb Plot as Bukele Begins Second Term Amid Protests

El Salvador's authorities claim to have thwarted a bomb plot targeting President Nayib Bukele's inauguration, allegedly orchestrated by former leftist guerillas from the 1980-1992 civil war. Police seized explosives and detained several suspects, including former congressman José Santos Melara. The Block of Popular Resistance and Rebellion condemned Melara's arrest as political persecution. Bukele, who recently won a controversial second term, has faced criticism for his anti-gang measures and actions perceived as threats to democracy.

cryptocurrency1 year ago

"El Salvador to Provide 5,000 Free Passports to Skilled Foreign Workers"

President Nayib Bukele of El Salvador announced a plan to offer 5,000 free passports to highly skilled professionals from around the world, granting them full citizen status, including voting rights, and promising 0% taxes and tariffs on moving families and assets. This move is part of El Salvador's efforts to position itself as a global hub for innovation and talent, following recent initiatives such as adopting Bitcoin as legal tender and passing a new migration law that allows expedited citizenship to foreigners who donate Bitcoin to the country's development projects.

human-rights-crisis1 year ago

"Escalating Human Rights Crisis: El Salvador's Shift from Gang Violence to State Violence"

Amnesty International warns that President Nayib Bukele's crackdown on gangs in El Salvador has led to a deepening human rights crisis, with 235 deaths in state custody and 327 cases of enforced disappearances. The government's disproportionate measures and denial of human rights violations have exacerbated the situation, leading to prison overcrowding at 148 percent. Despite international concerns, Bukele's administration has pledged to continue its campaign against gangs, prompting calls for a robust condemnation of any public security model based on human rights violations.