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WORLD NEWS Monday 20 June 2022

Bitcoin-boosting Salvadoran leader asks for patience

SAN SALVADOR, El Salva- $46,000 per coin. after the bear market." at least up to May, when the supposed loss, that loss
dor (AP) — El Salvador's The value of that investment "Patience is the key," the he boasted of "buying the doesn't exist," Zelaya said.
Bitcoin-boosting president in the currency, also known president wrote. dip" in the currency's price. "That must be made clear,
has asked people to be pa- as "BTC," is now calculated On Tuesday, when a Bitcoin But the coin has slid further because we have not sold."
tient after the price of the to have fallen by over 57%, publication crowed that El since then. Finance Minister However, most companies
cryptocurrency fell below or around $61 million. "I Salvador has lost "only" $40 Alejandro Zelaya sought and governments do write
$20,000 — less than half the see that some people are million on its investment, to put a good face on the down the value of what ac-
price the government paid. worried or anxious about Bukele tweeted with ap- situation Wednesday in an countants call an "unreal-
According to the tracking the #Bitcoin market price," parent incredulity: "You're interview with a local tele- ized loss," even if they don't
site nayibtracker.com, El Bukele wrote in his Twit- telling me we should buy vision station, saying that sell the distressed asset.
Salvador under President ter account late Saturday. more #BTC?" because El Salvador hasn't Zelaya also insisted the Bit-
Nayib Bukele's administra- "My advice: stop looking at Bukele became the first sold any of its Bitcoins, it coin slide doesn't matter
tion has spent about $105 the graph and enjoy life. If leader in the world to hasn't really suffered any very much for El Salvador,
million on Bitcoin, starting you invested in #BTC your make the cryptocurrency loss. "When they tell me that saying that "this doesn't
last September and pay- investment is safe and its legal tender last year and El Salvador's budgetary risk even represent 0.5% of our
ing an average of almost value will immensely grow was a devoted booster has increased because of budget."q

Brazil: police arrest 3rd suspect in Amazon shooting deaths

By DÉBORA ÁLVARES The pair, whose remains It said the autopsy indi- azon have been identified erman Pelado confessed
Associated Press were found after they went cated the use of a "firearm as belonging to Phillips, 57. to killing the pair, and took
BRASILIA, Brazil (AP) — missing almost two weeks with typical hunting ammu- Additional remains found police to the place where
Brazil's federal police said ago, were shot to death, nition." at the site near the city he would have buried the
Saturday that a third sus- according to an autopsy. Police said the third sus- of Atalaia do Norte were bodies. He told officers that
pect in the deaths of British Phillips was shot in the chest pect, Jefferson da Silva confirmed to belong to In- he used a firearm to com-
journalist Dom Phillips and and Pereira was shot in the Lima, known as Pelado da digenous expert Pereira, mit the crime.
Indigenous expert Bruno head and the abdomen, Dinha, turned himself at the 41, according to the police The remains had arrived in
Pereira has been arrested. police said in a statement. police station in Atalaia do statement on Saturday. the capital city of Brasilia
Norte in the Amazon. The remains were found on Thursday for forensic
Police said the suspect will on Wednesday, after fish- examinations.q
be referred to a custody
hearing.
Two other men are al-
ready in prison for alleged
involvement in the killings:
Amarildo Oliveira, known
as Pelado, and his brother,
Oseney de Oliveira, known
as Dos Santos.
Phillips and Pereira were
last seen June 5 on their
boat on the Itaquai river,
Guarani Indigenous and human rights activists attend a near the entrance of the
demonstration in support of British journalist Dom Phillips and Javari Valley Indigenous
Indigenous expert Bruno Perreira, demanding authorities Territory, which borders
conduct a thorough investigation into the circumstances Peru and Colombia.
leading to their deaths, and do more to protect indigenous
lands against illegal miners, loggers, and fishermen, in Sao On Friday, federal police
Paulo, Brazil, Saturday, June 18, 2022. said that human remains
Associated Press found in Brazil's remote Am-