Brazil’s federal budget watchdog, the Federal Court of Accounts of Brazil (TCU) has decided to suspend new funding to State-controlled Electrobras for constructing the Tumarin hydropower plant in Nicaragua, after having discovered a number of “irregularities” in the process.
Study reveals that post-revolution Nicaraguan youth have moved away from politics to embrace causes linked to personal development and the spiritual world. This paints a very different picture to that of over four decades ago.
Pedro Alvarez didn’t have balloons. Unlike the rest of the kids on the street who were throwing water balloons, Pedro could only find his grandfather’s linen handkerchief to play with. He thought he could catch water in the piece of cloth and throw it like the other kids did with the rubber balloons. To his surprise, the water ran right through the handkerchief. Unbeknownst to him, at only five years old, Pedro had filtered the water that came out of the faucet. Nowadays, he does the same thing; only now, instead of linen, he uses nanotechnology.
The Government of Nicaragua has alternative sources of external funding and “will not die” by the virtual collapse of the Venezuelan aid, which has supported the country’s economy for nearly ten years, said Bayardo Arce, economic adviser to President Daniel Ortega on Thursday.
Camilo Barcenas was so clumsy in his school art classes that it could well be said he had two left hands. His two limbs were so imprecise and uncoordinated that if asked to draw a cone, he would end up with a cube; if they asked for a cube, he’d get a trapezoid.
Representatives of rural communities and environmentalists in Nicaragua today urged the judiciary to intervene in support of the repeal of a controversial law authorizing the building of an interoceanic a canal in the south of the country.
The Sandinista Party Assembly announced on Friday that the Party will hold a Congress on June 4th. On that day the candidacy of Commander Daniel Ortega for a third consecutive term will be formalized, although his selection of a running mate remains unknown.
The communities located in the Rama-Kriol territory in southeastern Nicaragua assure that they weren’t consulted regarding the interoceanic canal project, and don’t approve the position of their communal government’s president to lease out their lands.
Among the offshore companies associated with Nicaragua and registered with Mossack Fonseca at the beginning and the end of the nineties, there are at least two that aren’t related to known business people or groups, but to people who figured in political affairs alongside comandante Ortega, during the years he was an opposition leader. Today, both men are presidential advisors.
Four Nicaraguan and one Costa Rican businessman, all of them linked with large regional economic groups, justified their ties with the Mossack Fonseca law firm and the creation of offshore enterprises in Panama, the Virgin Islands and other fiscal paradises.