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11.07.25 - 23:27
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El Salvador Recalls Ambassador To Mexico Over Drug Plane Allegations (ZeroHedge)
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El Salvador Recalls Ambassador To Mexico Over Drug Plane Allegations
Authored by Melanie Sun via The Epoch Times (emphasis ours),
Salvadoran President Nayib Bukele said on July 9 that he was recalling El Salvador's ambassador to Mexico for consultations after Mexico's security chief claimed that a plane allegedly carrying cocaine had originated in El Salvador.
Salvadoran President Nayib Bukele speaks during a news conference in San Salvador, El Salvador, on Feb. 4, 2024. Jose Luis Gonzalez/Reuters
In a social media post, Bukele called the accusation false and urged Mexico to clarify and correct comments by Security Minister Omar Garcia Harfuch, who said during a press conference that the July 3 flight had come from El Salvador before it was intercepted in Colima, Mexico.
Bukele shared an image of the flight path and said tracking data showed the plane never entered Salvadoran airspace.
The president said Costa Rica reported a suspicious radar trace northwest of its territory on July 3.
“It...
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16.06.25 - 19:03
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El Salvador Buys 240 Bitcoin Since IMF Non-Accumulation Agreement (ZeroHedge)
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El Salvador Buys 240 Bitcoin Since IMF Non-Accumulation Agreement
Authored by Zoltan Vardai via CoinTelegraph.com,
El Salvador, the world's first country to adopt Bitcoin as legal tender, has continued buying the cryptocurrency despite a $1.4 billion loan agreement with the International Monetary Fund (IMF) that included provisions discouraging further accumulation.
The government's treasury wallet currently holds 6,209 Bitcoin after acquiring a total of 240 BTC since Dec. 19, 2024, after the IMF deal was announced, according to data from El Salvador's Bitcoin Office.
In December, El Salvador struck a deal with the IMF for a $1.4 billion loan, which required the government to drop Bitcoin's status as a legal tender and stop its public BTC accumulation.
However, the country has continued buying one BTC per day, a strategy first announced by President Nayib Bukele in 2022.
El Salvador Bitcoin holdings. Source: El Salvador Bitcoin Office
When asked about the purchases, Rodrigo Valdes, di...
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