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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.
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The concept of "Blue Monday" is widely criticized as an oversimplification of depression, attributing it to external factors like post-holiday blues and suggesting superficial fixes like vacations. In contrast, seasonal affective disorder (SAD) is a real and...
A Bolivian judge has ordered the arrest of former president Evo Morales over allegations of a relationship with a 15-year-old girl during his presidency, escalating political tensions in Bolivia. Morales, 65, skipped a pretrial detention hearing for a second time,...
The Uruguayan Ministry of National Defense has confirmed the purchase of five A-29 Super Tucano aircraft from Embraer, following an earlier agreement for one aircraft plus an option for five more. The deal, part of a fleet renewal program to enhance Uruguay’s air...
A Bolivian judge has ordered the arrest of former president Evo Morales over allegations of a relationship with a 15-year-old girl during his presidency, escalating political tensions in Bolivia....
The Uruguayan Ministry of National Defense has confirmed the purchase of five A-29 Super Tucano aircraft from Embraer, following an earlier agreement for one aircraft plus an option for five more....
Spain's government, led by Prime Minister Pedro Sánchez, is proposing bold measures to address the country’s housing crisis, including a potential 100% tax on property purchases by non-European...
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