El Salvador president under fire
Comments OffReporting from San Salvador– When Mauricio Funes took office a year ago as El Salvador’s first leftist president, he promised to “reinvent” the impoverished, polarized nation. “The Salvadoran people asked for change, and change starts now,” he proclaimed in his inaugural speech. His election was greeted with high expectations and celebration by many Salvadorans who [...]
El Salvador Against Honduras Conflict
Comments OffThe Honduras conflict needs a speedy solution but without keeping coupists in power until elections, emphasized Salvadorian Foreign Minister Hugo Martinez. A rapid solution without keeping the de facto President Roberto Micheletti in the government until elections (scheduled for next November), noted the diplomatic cited Tuesday by the local newspaper La Prensa Grafica. If Micheletti [...]
Honduras Closes Main Airport
Comments OffThe interm president has flown to el salvador not being able to return to his own country. El Salvador among other latin american countries are in full support of zeleya in returning and letting demcracy take its course. others have not shown such support which i am surprised el salvador has. Usually they are quite [...]
El Salvador Property Market Reeling From U.S. Recession
Comments OffThanks to remittances from the U.S. El Salvador’s property market boomed. Unfortunately with the U.S. in a deep recession those payments have shriveled — effectively paralyzing the property market. For more on this, as well as a general overview of the market, read the following article from Global Property Guide. El Salvador experienced a property [...]
Pacific Rim mining suing El Salvador
Comments OffCanadian mining company Pacific Rim will take the Salvadoran government to international arbitration court for alleged losses caused by government ”inaction” due to permit delays for what would be El Salvador’s biggest mine to date. The company has been waiting for four years for final permits for the underground gold mine, which faces staunch [...]
