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Economy Of El Salvador
The economy of El Salvador has experienced relatively low rates of GDP growth, in comparison to other developing countries. Rates have not risen above the low single digits in nearly two decades. The Salvadoran economy is characterized by income inequality, with 37.8% of the population below the poverty line. The Salvadoran government undertook a monetary integration plan beginning 1 January 2001, by which the U.S. dollar became legal tender alongside the colón, and all formal accounting was undertaken in U.S. dollars. This way, the government has formally limited its possibility of implementing open market monetary policies to influence short term variables in the economy. Since 2004, the colón stopped circulating and is now never used in the country for any type of transaction; however some stores still have prices in both colons and U.S. dollars. The change to the dollar precipitated a trend toward lower interest rates in El Salvador, helping many to secure credit in ord ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World Trade Center San Salvador
World Trade Center San Salvador (WTCSS) is a complex of buildings located in San Salvador, El Salvador. It consists in 3 towers: two of 8 floors, each with 13,000 m2 of profitable area for offices and the Torre Futura of 20 floors. The first two towers have maintained a 100% of occupancy by multinational prestigious companies and embassies. El Salvador and Panama, are the only countries that have a World Trade Center in the Centroamerican region. The WTCSS complex consists in six main elements: # Torre Futura # Plaza Futura # Towers I y II # Interconnection with the Crowne Plaza Hotel and its convention center # Five levels of parking with capacity for over 1,100 vehicles # Quattro (Under construction) (''12 floors, 5 for parking and 7 for offices'') See also * Torre Futura * Plaza Futura External links www.torrefutura.comwww.plazafutura.com.svwww.agrisal.com Buildings and structures in San Salvador San Salvador San Salvador () is the Capital city, capital ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
List Of Countries By Inequality-adjusted HDI
This is a list of countries by inequality-adjusted Human Development Index (IHDI), as published by the UNDP in its 2025 Human Development Report. According to the 2016 Report, "The IHDI can be interpreted as the level of human development when inequality is accounted for", whereas the Human Development Index itself, from which the IHDI is derived, is "an index of potential human development (or the maximum IHDI that could be achieved if there were no inequality)". Methodology The index captures the HDI of the average (calculated using not arithmetic, but geometric mean) person in society, which is less than the aggregate HDI when there is inequality in the distribution of health, education and income. Under perfect equality, the HDI and IHDI are equal; the greater the difference between the two, the greater the inequality. The IHDI, estimated for the world and specific countries, captures the losses in human development due to inequality in health, education and inco ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
The Economist
''The Economist'' is a British newspaper published weekly in printed magazine format and daily on Electronic publishing, digital platforms. It publishes stories on topics that include economics, business, geopolitics, technology and culture. Mostly written and edited in London, it has other editorial offices in the United States and in major cities in continental Europe, Asia, and the Middle East. The newspaper has a prominent focus on data journalism and interpretive analysis over News media, original reporting, to both criticism and acclaim. Founded in 1843, ''The Economist'' was first circulated by Scottish economist James Wilson (businessman), James Wilson to muster support for abolishing the British Corn Laws (1815–1846), a system of import tariffs. Over time, the newspaper's coverage expanded further into political economy and eventually began running articles on current events, finance, commerce, and British politics. Throughout the mid-to-late 20th century, it greatl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
BBC News
BBC News is an operational business division of the British Broadcasting Corporation (BBC) responsible for the gathering and broadcasting of news and current affairs in the UK and around the world. The department is the world's largest broadcast news organisation and generates about 120 hours of radio and television output each day, as well as online news coverage. The service has over 5,500 journalists working across its output including in 50 foreign news bureaus where more than 250 foreign correspondents are stationed. Deborah Turness has been the CEO of news and current affairs since September 2022. In 2019, it was reported in an Ofcom report that the BBC spent £136m on news during the period April 2018 to March 2019. BBC News' domestic, global and online news divisions are housed within the largest live newsroom in Europe, in Broadcasting House in central London. Parliamentary coverage is produced and broadcast from studios in London. Through BBC English Regions, th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bitcoin City
Bitcoin City is a planned smart city project in La Unión, El Salvador. The planned city is intended to be a tax haven, and to use geothermal energy to power Bitcoin mining. The feasibility of its reliance on both geothermal energy and Bitcoin have been the subject of criticism, alongside concerns regarding delays in the project's financing and construction. Description In November 2021, President of El Salvador Nayib Bukele announced that he planned to build Bitcoin City in the southeastern region of La Unión at the base of the Conchagua volcano, which would use geothermal energy to power bitcoin mining. The project has been criticized by ecologist Ricardo Navarro. “Geothermal still costs more than oil, otherwise we would already be using more of it. What will end up happening is that we will just be buying more oil," he told ''The Telegraph''. The initiative is modelled after special economic zones (SEZ), and proponents of the plan cite Singapore, Dubai, and Shenzhen as su ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
YouTube
YouTube is an American social media and online video sharing platform owned by Google. YouTube was founded on February 14, 2005, by Steve Chen, Chad Hurley, and Jawed Karim who were three former employees of PayPal. Headquartered in San Bruno, California, it is the second-most-visited website in the world, after Google Search. In January 2024, YouTube had more than 2.7billion monthly active users, who collectively watched more than one billion hours of videos every day. , videos were being uploaded to the platform at a rate of more than 500 hours of content per minute, and , there were approximately 14.8billion videos in total. On November 13, 2006, YouTube was purchased by Google for $1.65 billion (equivalent to $ billion in ). Google expanded YouTube's business model of generating revenue from advertisements alone, to offering paid content such as movies and exclusive content produced by and for YouTube. It also offers YouTube Premium, a paid subs ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Legislative Assembly Of El Salvador
The Legislative Assembly () is the legislative branch of the government of El Salvador. History The organization was founded in 1824 as the Central American Congress (). Structure The Salvadoran legislature is a unicameral body. Until 2024, it was made up of 84 deputies, all of whom are elected by direct popular vote according to open-list proportional representation to serve three-year terms and are eligible for immediate re-election. Of these, 64 were elected in 14 multi-seat constituencies, corresponding to the country's 14 departments, which return between 3 and 16 deputies each. The remaining 20 deputies were selected on the basis of a single national constituency. To be eligible for election to the assembly, candidates must be (Art. 126, Constitution): *over 25; *Salvadoran citizens by birth, born of at least one parent to be a Salvadoran citizen; *of recognised honesty and education, and *have not had the privilege of one's rights as a citizen cancelled in th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bitcoin Law
The Bitcoin Law (, )Diario Oficial, numero 110, tomo n° 431, 9 de junio de 2021 , of El Salvador, National Press of El Salvador was passed by the on 8 June 2021, giving the cryptocurrency |
Legal Tender
Legal tender is a form of money that Standard of deferred payment, courts of law are required to recognize as satisfactory payment in court for any monetary debt. Each jurisdiction determines what is legal tender, but essentially it is anything which, when offered ("tendered") in payment of a debt, extinguishes the debt. There is no obligation on the creditor to accept the tendered payment, but the act of tendering the payment in legal tender discharges the debt. It is generally only mandatory to recognize the payment of legal tender in the discharge of a monetary debt from a debtor to a creditor. Sellers offering to enter into contractual relationship, such as a contract for the sale of goods, do not need to accept legal tender and may instead contractually require payment using electronic methods, foreign currencies or any other legally recognized object of value. Coins and banknotes are usually defined as legal tender in many countries, but personal cheque, checks, credit c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Nayib Bukele
Nayib Armando Bukele Ortez (; born 24 July 1981) is a Salvadoran politician and businessman who has served as the 81st president of El Salvador since 2019. In 1999, Bukele established an advertising company and worked at an advertising company owned by his father, Armando Bukele Kattán. Both companies advertised election campaigns for the Farabundo Martí National Liberation Front (FMLN) political party. Bukele entered politics in 2011. In 2012, he joined the FMLN and was elected mayor of Nuevo Cuscatlán. Bukele served until his 2015 election as Mayor of San Salvador, where he served until 2018. In 2017, Bukele was ousted from the FMLN. He founded the Nuevas Ideas political party shortly afterward and pursued a presidential 2019 Salvadoran presidential election, campaign in 2019. After the Supreme Electoral Court (El Salvador), Supreme Electoral Court (TSE) refused to register his party, Bukele ran for president with the Grand Alliance for National Unity (GANA) and won wit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
El Salvadoran Colón
EL, El or el may refer to: Arts and entertainment Fictional entities * El, a character from the manga series ''Shugo Chara!'' by Peach-Pit * Eleven (''Stranger Things'') (El), a fictional character in the TV series ''Stranger Things'' * El, family name of Kal-El (Superman) and his father Jor-El in the Superman dynasty * E.L. Faldt, character in the road comedy film ''Road Trip'' Music * Él Records, an independent record label from the UK founded by Mike Alway * ''Él ''(Lucerito album), a 1982 album by Lucerito * "Él", Spanish song by Rubén Blades from the album '' Caminando'' * "Él" (Lucía song), the Spanish entry performed by Lucía in the Eurovision Song Contest 1982 Other media * ''Él'', 1926 autobiographical novel by Mercedes Pinto * ''Él'' (film), a 1953 film by Luis Buñuel based on the 1926 novel * ''Él'' (visual novel), a 1991 Japanese adult visual novel * EL TV, an Azerbaijani regional television channel Companies and organizations * Estée Lauder Comp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Standard & Poor's
S&P Global Ratings (previously Standard & Poor's and informally known as S&P) is an American credit rating agency (CRA) and a division of S&P Global that publishes financial research and analysis on stocks, bonds, and commodities. S&P is considered the largest of the Big Three credit-rating agencies, which also include Moody's Ratings and Fitch Ratings. Its head office is located on 55 Water Street in Lower Manhattan, New York City. Corporate history The company traces its history back to 1860, with the publication by Henry Varnum Poor of ''History of Railroads and Canals in the United States''. This book compiled comprehensive information about the financial and operational state of U.S. railroad companies. In 1868, Henry Varnum Poor established H.V. and H.W. Poor Co. with his son, Henry William Poor, and published two annually updated hardback guidebooks, '' Poor's Manual of the Railroads of the United States'' and ''Poor's Directory of Railway Officials''. In 1906, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
