Nayib Bukele’s Landslide Win In Bitcoin Country Fraught With New And Old Challenges

Having solidified his political legacy by effectively addressing the issue of gang violence in El Salvador, Nayib Bukele has not only secured an extraordinary second presidential mandate but has also propelled his New Idea Party to a resounding victory in the legislative realm. Bukele’s historic triumph in the presidential race saw him clinch an impressive 83% of the vote, a margin widely considered unprecedented, reaching as high as 76% in the context of open and free elections within modern democracies. During his campaign, Bukele had to temporarily step away from the presidency, having obtained a special permit to run as a candidate.

The elections, observed by various international…

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