El Salvador News
News
"Phase 2" of Territorial Control Plan
President launched a new security offensive targeting remaining gang strongholds, deploying 5,000 additional troops. Homicides dropped to 0.8 per 100,000, the lowest in Latin America.
Volcán de San Miguel Erupts, Forcing Evacuations
The Chaparrastique volcano spewed ash 3km into the air, displacing 2,000 residents in San Miguel. Authorities issued a yellow alert for potential lava flows.
Business News
Bitcoin Bond "Volcano Token" Launches on Bitfinex
El Salvador’s $500 million Bitcoin-backed bond began trading, funding renewable energy projects. The token surged 15% in its first day.
Costa del Sol Resort Expansion Approved
A $120 million luxury tourism project will add 3 hotels and a marina to El Salvador’s Pacific coast, creating 1,200 jobs.
Economic News
GDP Grows 4.3% in Q2, Fueled by Tech & Tourism
Remittances hit $900 million/month, while Bitcoin adoption boosted fintech investments. Inflation eased to 3.1%, the region’s lowest.
China Invests $300M in La Unión Port
A new Chinese-funded mega-port will compete with Panama Canal traffic, with construction starting in August.
Political News
Bukele Proposes Extending Presidential Term to 2032
The ruling Nuevas Ideas party submitted a constitutional reform for a third consecutive term, sparking protests.
U.S. Restores TPS for Salvadoran Migrants
The Biden administration extended Temporary Protected Status for 200,000 Salvadorans until 2027 amid deportation fears.
Election News
2026 Presidential Race Begins Early
Despite Bukele’s dominance, ARENA party nominated San Salvador mayor Mario Durán as its challenger. Polls show Bukele with 78% approval.
Legislative Elections Polls: Nuevas Ideas Leads by 40 Points
The president’s party is projected to win 55/60 legislative seats in 2026, potentially allowing constitutional changes.
Employment News
Tech Hub "Bitcoin Beach" Creates 5,000 Jobs
Surf town El Zonte now hosts 62 crypto startups, hiring programmers and digital marketers at 2x minimum wage.
Textile Factories Struggle with Worker Shortages
Despite offering $600/month salaries, garment plants report 30% unfilled positions as youth prefer tech gigs.
Business News
Salvadoran Stock Exchange Hits Record High
The Bolsa de Valores de El Salvador rose 8%, led by Aeroman (+22%), the region’s top aircraft maintenance firm.
Bitcoin Trades at $75,000 in Local Markets
El Salvador’s Chivo wallets saw 200% more transactions than in 2024 as BTC stabilizes post-halving.
Forecast
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San Salvador: Thunderstorms, 28°C (82°F)
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La Libertad: Sunny, 32°C (90°F)
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Santa Ana: Foggy mornings, 25°C (77°F)
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San Miguel: Volcanic ash alerts, 30°C (86°F)
Entertainment News
Alvaro Torres to Perform at National Stadium
The legendary Salvadoran singer announced a 40th anniversary concert for 50,000 fans on July 20.
Netflix Films "Gangster’s Paradise" in Santa Tecla
A narco-drama based on MS-13’s downfall began shooting, starring Tenoch Huerta ("Black Panther 2").
Upcoming Events (june 20-30, 2025)
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June 28: El Salvador vs. Costa Rica (World Cup qualifier)
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June 20: Bitcoin Freedom Festival (El Zonte)
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June 21: Fiesta de San Juan (Beach bonfires nationwide)
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June 22: Festival (Olocuilta)
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June 24: International Surf Competition (El Tunco)
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June 26: Jazz en la Calle (San Salvador historic center)
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June 27: "Volcano" Film Premiere (Cinepolis)
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June 28: Bs Birthday Celebration (Plaza Barrios)
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June 30: Tech Startup Pitch Competition (BIT Campus)
Key Trend: El Salvador continues its unprecedented transformation as a Bitcoin-powered safe haven, though political tensions simmer.
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