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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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Central America is facing a growing climate emergency as an intensifying El Niño brings severe drought, record heat, crop losses and increasing pressure on water supplies across the region. Panama has declared a national state of emergency, El Salvador has issued its...
Karol G has done something very few artists ever manage to pull off: she knocked herself out of the No. 1 spot on Billboard. The Colombian superstar’s “BbY WOW,” featuring Spanish artists Judeline and rusowsky, has jumped from No. 5 to No. 1 on Billboard’s Hot Latin...
Lionel Messi is getting a new head coach in Miami. Inter Miami has officially reached an agreement with former Argentine international Cristian “Kily” González to become the club’s new head coach as the defending MLS Cup champions attempt to turn around a difficult...
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Central America is facing a growing climate emergency as an intensifying El Niño brings severe drought, record heat, crop losses and increasing pressure on water supplies across the region. Panama...
Colombian authorities have captured an alleged senior leader of the powerful Venezuelan criminal organization Tren de Aragua in Bogotá, dealing another major blow to one of Latin America's...
U.S. authorities have charged 81 alleged members of Los Baja Deo, a violent drug-trafficking organization accused of operating across western Puerto Rico and generating nearly $50 million in illegal...
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