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Moodys cut the countrys bond rating again last week with the El Salvador Sovereign Bond Price Index which was set to 100 on Jan. The downgrade of El Salvadors rating is driven in good part by the lack of a credible financing plan.

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SAN SALVADOR Reuters - Dozens of innocent people have been apprehended in El Salvador in recent months amid President Nayib Bukeles war on gangs after superiors forced officers to meet daily.

. However El Salvadors Minister of Finance said that it is already over-subscribed by about 500 million. However El Salvadors president Nayib Bukele does not seem deterred by the bears. Leads With 61 of Votes Counted.

Get top headlines from the Union-Tribune in your inbox weekday mornings including top news local sports business entertainment and opinion. SAN SALVADOR El Salvador Five human rights groups reported today there have been complaints of at least 338 violations of human rights during El Salvadors massive arrests of suspected gang. According to Mow it is mainly Bitcoin whales that have expressed interest.

Bitcoin is struggling to gain traction in El Salvador -- the first country to accept it as legal tender -- after many Salvadorans stopped using the governments Bitcoin wallet known as. Philippines UpdateStocks Bounce Back in Countdown to Key CPI Data. Violence and Discrimination against LGBT People in El Salvador Guatemala and Honduras and Obstacles to.

Panama is expected to adopt Bitcoin soon. 1 2019 six months before Bukele took office collapsing. Bloomberg -- President Nayib Bukeles Bitcoin gambit is becoming onerous for cash-strapped El Salvador but that isnt stopping him from adding to his stockpileMost Read from BloombergMarcos Jr.

In a recent tweet Bukele confirmed that El Salvador had purchased 500 Bitcoin at an average of 30744 per coin. The government faces only USD305 million in external debt amortizations in 2022 but faces close to USD12 billion in 2023 El Salvador will likely face a funding gap of about 1. Which they would need to cover their worsening position2.

Markets WrapStocks Sink to 13-Month Low as US. The 138-page report Every Day I Live in Fear. In addition to El Salvador the Central African Republic recently announced it is adopting Bitcoin.

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