Mon, 09/13/2021 - 12:23
El Salvador has become the first country in the world to approve bitcoin as legal tender. To this end it has launched a digital payment and exchange system (or cyberwallet) called Chivo based on the cryptocurrency last week. The World Bank, IMF and rating agencies are very critical of the move, and there have also been protests among the country's population. Reactions from the press are more mixed.
Fri, 09/10/2021 - 12:17
In Guinea, the military ousted the country's president, Alpha Condé, on Sunday. Many people celebrated Condé's overthrowal on the streets, but the UN and EU have strongly condemned the coup. Condé came to power in 2010 in the first free elections since Guinea achieved independence in 1958, and was considered a stabilising beacon of hope. However, he has recently come under fire for authoritarianism and human rights violations.