Nicaragua Alert
Ortega Signs IMF Loan Agreement
Date: 10/09/2007
October 9, 2007
Managua, Nicaragua
After concerns that President Daniel Ortega has moved too far to the left, the former revolutionary proved once again that he can never be counted out. Last Friday, Nicaragua signed a three-year, $111 million loan agreement with the International Monetary Fund (IMF), the venerable institution that is often blamed for reducing poverty at the expense of economic growth.
Read OnNicaragua Gets European Aid Package for Education and Health
Date: 10/04/2007
October 4, 2007
Managua, Nicaragua
Nicaragua is about to get a lot more money. The European Union will give $300 million in economic aid to Nicaragua over the next several years. It is the second largest of four aid packages that the EU is giving to Central America countries. The president of the EU's external relations commission, who traveled to Managua yesterday, said the money will go to education and health.
Read OnOrtega Has His Priorities Wrong, Say Critics
Date: 10/02/2007
October 2, 2007
Managua, Nicaragua
Nicaragua President Daniel Ortega is wasting his time on the wrong battles—at least, that’s what his fellow citizens seem to think, judging from their reaction to his speech last week at the United Nations general assembly.
Read OnNo Let-up in Tourism
Date: 10/01/2007
October 1, 2007
Managua, Nicaragua
The New York Times published its second glowing travel piece on Nicaragua in less than a year, this time focusing on the colonial charms of Granada.
Read OnIs Nicaragua Anti-Gay? Protestors in Eight Countries Say "Yes"
Date: 09/25/2007As other Latin American countries show greater support for gay rights, Nicaragua continues to outlaw consensual same-sex sexual relations.
Read OnOpposition Leader Faces Criminal Charges for Role in Bank Bail-out
Date: 09/20/2007Just a year ago, Eduardo Montealegre ran unsuccessfully for president of Nicaragua against Daniel Ortega.
Read OnMore Than 100 Still Missing from Brutal Storm
Date: 09/18/2007The death toll from Hurricane Felix, which hit Nicaragua earlier this month, has climbed past 100, as government officials confirmed that 21 Nicaraguans washed ashore in neighboring Honduras.
Read On