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El Salvador’s Bitcoin-Loving President Bukele Courts Re-Election Controversy

  • Human rights groups criticize ‘authoritarian’ power grab
  • Fitch cut nation’s credit rating, citing likely default
Nayib Bukele, El Salvador's president, delivers a state of the union address in June.

Nayib Bukele, El Salvador's president, delivers a state of the union address in June.

Photographer: Camilo Freedman/Bloomberg
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El Salvador’s Nayib Bukele will seek to stay in power after his current presidential term ends in 2024, following on the footsteps of other Latin America leaders from Venezuela’s Hugo Chavez to Colombia’s Alvaro Uribe who overturned constitutional limits to stay in power. 

In a speech on the nation’s independence day, the 41-year-old leader said he anticipated criticism from foreign governments over his plan.