El Salvador’s President Nayib Bukele announced a $1.6 billion investment by Turkish company Yilport Holdings to upgrade two ports, Acajutla and La Unión, in what is the largest private investment in the country’s history. This initiative, forming part of the third phase of the government’s economic development program, aims to enhance logistics and foster new trade opportunities. Yilport will collaborate with El Salvador’s CEPA to manage these ports for 50 years. The project will start by the end of this year, with Acajutla receiving infrastructure upgrades and new equipment, and La Unión focusing on dredging and equipment acquisition. La Unión will also be the location of the proposed Bitcoin City, envisioned as a tax haven powered by geothermal energy for Bitcoin mining. Despite being announced in 2021, construction of Bitcoin City has yet to start.
Toronto Clocks Move Forward March 8 as Daylight Saving Time Begins
Toronto is about to “spring forward.” At 2 a.m. on March 8, clocks across much of Canada — including Toronto — will move one hour ahead as daylight saving time begins. The seasonal shift is designed to make better use of daylight during the warmer months by pushing...






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