A 660 million dollar withdrawal in deposits (12% of the total) in two months increases the chances of Nicaragua’s Central Bank (BCN) finding itself forced to take drastic measures to tackle this problem. One possibility would be a freeze on bank accounts.
Read MoreThe theft and sacking of the Catholic Church facility located on the outskirts of the City of Matagalpa took place on the day that Bishop Alvarez was traveling with Cardinal Leopoldo Brenes to Italy for a meeting at the Vatican with Pope Francis, concerned about the widespread violence unleashed in Nicaragua for over two months.
Read MoreThe government’s dodging at the dialogue table doesn’t mean that the Civic Alliance is going to abandon it, although some sectors of the population believe that Ortega merely wants to gain time and avoid the central topic of the National Dialogue, which is the democratization.
Read MoreA new session of Nicaragua’s national dialogue concluded Monday without relevant agreements, following the government’s steadfast refusal to discuss early elections and the replacement of electoral and judicial authorities, said leaders of the opposition Civic Alliance.
Read MoreIn human terms, the most terrible thing of the government repression in Nicaragua are the more than 210 lives cut short and more than 1,500 injured, but also the economic cost to the whole country is very high.
Read MoreCuban scientist and farmer, Ariel Ruiz Urquiola, is now in the prisoner ward of the Abel Santamaria Provincial Hospital in Pinar del Rio, and has not yet been given serums. Ariel has been on a total hunger and liquid strike for eight days. His sister tries to visit him.
Read MoreThe Permanent Council of the Organization of American States (OAS) meets on Friday morning at 10 AM in Washington D.C. (8 AM in Nicaragua) in a special session to hear and address a report on the crisis taking place in Nicaragua since April 18th.
Read MoreInvasions of private properties have increased swiftly in different Nicaraguan departments, including Managua, in recent days. People affected have reported that land-takers are taking advantage of the country’s socio-political crisis and the National Police’s decision to not deal with such illegal actions, which is making legal uncertainty in the country worse.
Read MoreThe days will be warm and partly cloudy, with some showers in the afternoons. The winds will be variable and weak in the mornings, and in the afternoons breezes with speeds of up to 25 km/h. The maximum temperatures will be stable at 31° C (88 F), while the lows will be between 23 and 24° C (73 and 75 F).
Read More“Around 10:30 or 10:45 p.m., my telephone began ringing like crazy, with calls and messages saying that there were five pick-ups outside my business with some 30-armed men.” Two hous later fire had devoured the small complex of businesses that Nicolas Bolanos and his partners and friends took fifteen years to build.
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