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Criminal gangs have been a major problem in El Salvador since the conclusion of the Salvadoran Civil War in 1992. The country's most prominent gangs include Mara Salvatrucha (MS-13), the 18th Street gang (Barrio 18), Mao Mao, Miranda Loca, and La Maquina, among others. [3]
The El Salvador Caucus was established by Gaetz on 8 July 2024. He and Democratic congressman Vicente Gonzalez became the caucus' co-chairmen. The caucus was founded one month after they and four other U.S. congress members — representatives Adriano Espaillat, María Elvira Salazar, and Lou Correa, and Senator Mike Lee — attended Bukele's second inauguration on June 1, 2024 in San Salvador ...
In August 2020, Bukele announced that the dam would be renamed from the El Chaparral Dam to the 3 February Dam, in reference to 3 February 2019, the date that Bukele was elected as president of El Salvador. [3] Construction was completed in October 2022. [4] On 19 October 2023, Bukele inaugurated the dam and power plant. [2]
El Salvador, once known as the "murder capital of the world," underwent a significant transformation after electing Nayib Bukele as president, allowing him to enact deep crime reforms.
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Fiscal policy has been one of the biggest challenges for the Salvadoran government. In December 1999, net international reserves equaled US$1.8 billion. Having this hard currency buffer to work with, the Salvadoran government undertook a monetary integration plan beginning in January 2001 by which the U.S. dollar became legal tender alongside the Salvadoran colón, and all formal accounting ...
The 2020 Salvadoran political crisis, commonly referred to in El Salvador as the numeronym 9F [1] [2] or El Bukelazo, [3] was an incident in El Salvador on 9 February 2020. . During the political crisis, Salvadoran president Nayib Bukele sent 40 soldiers of the Salvadoran Army into the Legislative Assembly building in an effort to coerce politicians to approve a loan request of 109 million ...
In 2021, El Salvador became the first country to adopt Bitcoin as legal tender, mandating that businesses accept the leading cryptocurrency as a form of payment and rolling out a digital wallet ...