The reserves that Nicaragua’s Central Bank utilizes to buy and sell foreign exchange and to meet other financial obligations like the debt payment fell 41% between April and December of 2018, during the months of crisis. This situation threatens the stability of the Córdoba since the reserves are also used to balance the supply and demand of the currency.
Read MoreThe Private Enterprise Council (COSEP) of Nicaragua and other business associations associated with COSEP, announced that they have sent a letter to the Police requesting “permission and authorization” to hold a rally this January 24 at 1:30 in the afternoon in Managua. This despite a total government ban on any protest demonstrations.
Read MoreUnder pressure from the Europeans the Government of Daniel Ortega and Rosario Murillo did an about face and will allow this week the entry into the country of a delegation of the European Parliament. Last Friday the Government had vetoed the entry accusing the parliament members of issuing some “threatening or disrespectful statements”.
Read MoreA mission of the European Parliament, scheduled to arrive in Managua this week, has been vetoed by the regime, according to information from authorities of the Nicaraguan Foreign Ministry, to the representatives of the European Union. This would be the second occasion that the regime prevents a delegation of European legislators from learning what has happened in the country.
Read MoreTwo big surprises in the news today regarding Nicaragua. One, a revealing interview from Costa Rica by Carlos F. Chamorro with recently resigned Supreme Court Justice Rafael Solis, a key member of Daniel Ortega’s inner circle. The second shocking news item was Chamorro himself explaining that under serious threat, he has made the decision to go into exile in Costa Rica.
Read MoreFormer Supreme Court judge Rafael Solis spoke for 54 minutes before the cameras of the weekly television news show Esta Semana, giving the reasons behind his political rupture with the regime of Daniel Ortega and Rosario Murillo.
Read MoreEuropean Union foreign ministers threatened Monday to take action against Nicaragua after months of deadly crackdowns on demonstrations and pressure on the media by the government of Daniel Ortega and Rosario Murillo.
Read MoreLife has hit Solange Centeno, 20, hard. At a very young age, she came home one night to find her mother had been murdered by her boyfriend. Today the single mother is living through yet more hard times that she perhaps never imagined – she finds herself in jail with a long sentence for protesting against the dictatorship of Daniel Ortega and Rosario Murillo.
Read MoreWith the closure of spaces for civil society to protest and particularly the criminalization of human rights defenders by the Ortega’s regime, twelve organizations joined together to form the “International Observatory of the Human Rights Situation in Nicaragua.”
Read MoreThe last time Alejandro Ubau Hernandez spoke with his niece Lucia Pineda Ubau, editor-in-chief of 100% Noticias channel, the journalist expressed her concern about the permanent siege of paramilitaries and the Police at her workplace. A week later, on December 21st, Lucia and Miguel Mora, director of this media outlet, were abducted in a police operation that culminated in the occupation of the premises and the cancellation of the popular channel’s signal.
Read More
