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Nicaragua

In Nicaragua, President, VP Are Husband and Wife

In Nicaragua, President, VP Are Husband and Wife

President Ortega positions his wife Rosario Murillo to become president if he leaves office before his term is out. TODAY NICARAGUA (Managua) Nicaraguan President Daniel Ortega officially began his third successive (fourth overall) term on Tuesday, January 10, 2017 this time with his wife as vice president as he tightens his decade-long grip over one […]

Nicaragua pledges to fight for Taiwan recognition on global stage

Nicaragua pledges to fight for Taiwan recognition on global stage

TODAY NICARAGUA (Reuters) Nicaragua on Tuesday said it wanted to secure bigger international recognition for Taiwan during a visit by President Tsai Ing-wen at a moment of Chinese suspicions the leader of the self-ruled island is seeking formal independence from China. Taiwan’s President Tsai Ing-wen visits textile industrial park in Managua, Nicaragua January 10, 2017. […]

Nicaragua Makes Million Dollar Investment in Energy

Nicaragua Makes Million Dollar Investment in Energy

Wind farm in Nicaragua TODAY NICARAGUA – Nicaragua plans to invest between US$600 and US$700 million dollars in the energy sector this year, to improve the service to the population and promote sustainable development, official sources reported on Wednesday. The president of the Nicaraguan Chamber of Energy, César Zamora, said that his organization was investigating […]

Nicaragua Keeps Inflation Low for Second Year

Nicaragua Keeps Inflation Low for Second Year

Nicaragua Keeps Inflation Low for Second Year TODAY NICARAGUA – Nicaragua will end 2016 with inflation lower than 3.5 percent, which would keep that economic indicator low for the second consecutive year, said today official sources. President of the Central Bank of Nicaragua Ovidio Reyes said that initially the inflation rate was expected to be […]

Tobacco Congress in Nicaragua

Tobacco Congress in Nicaragua

Nicaragua cigars TODAY NICARAGUA NEWS – From January 16 to 21st, 2017 entrepreneurs and investors in the sector will be visiting plantations and taking part in business meetings as part of the International Festival Puro Sabor. The Nicaraguan Chamber of Tobacco Growers is awaiting the arrival of investors and entrepreneurs from more than 30 countries […]

House Hunting in Nicaragua

House Hunting in Nicaragua

A colonial house with a courtyard in the centre of Granada: a cool US$1.3 million! TODAY NICARAGUA This six-bedroom, six-and-a-half-bath house, known as Casa Blanca, is in the heart of Granada, Nicaragua, a small western city founded in the 1520s along the shore of Lake Nicaragua. The rich colonial heritage of the city, one of […]

Nicaragua Hires U.S. Lobby Firm To Represent Its Interest In Washington

Nicaragua Hires U.S. Lobby Firm To Represent Its Interest In Washington

TODAY NICARAGUA NEWS – Nicaragua has hired a K Street firm to represent its interests in Washington, the country coming under scrutiny and international criticism over allegations that it rigged elections to keep President Daniel Ortega in power. The Gephardt Group signed its contract with Francisco Obadiah Campbell Hooker, Nicaragua’s Amabassor to the United States, […]

18 Years Later, Nicaragua Still Surprises Visitors

18 Years Later, Nicaragua Still Surprises Visitors

SAN JUAN DE ORIENTE, NICARAGUA — A rainy season cloud bulges out of the sky, about to spill, while sweat streams down my back. A thick crowd has appeared up the narrow cobblestone street. Suddenly, there is music, fireworks erupt and shouting teams of villagers, each carrying a heavy, hardwood tree trunk laden with coconuts, […]

Nicaragua Orange Exports are Growing

Nicaragua Orange Exports are Growing

TODAY NICARAGUA NEWS – In the first ten months of the year orange exports were up 35% in value and 54% in volume compared to the same period in 2015. The improved results, thanks to better crop productivity, have created an opportunity to increase export sales of this fruit in larger markets, for which reason […]

“Fidel Backed The Just and Noble Causes”: Ortega At Fidel Castro Memorial Service

“Fidel Backed The Just and Noble Causes”: Ortega At Fidel Castro Memorial Service

Daniel Ortega speaking at the memorial service for Fidel Castro in La Havana Tuesday night TODAY NICARAGUA NEWS – In an unscripted and with the aid of Raul for the exact dates, Nicaragua President Daniel Ortega gave an emotional speech at the memorial service for Fidel Castro in La Havana on Tuesday night. In perhaps […]

Nicaragua Companies Train their Technicians

Nicaragua Companies Train their Technicians

Berta Mayela Quintanilla, “… Director General of Fundación Victoria TODAY NICARAGUA NEWS- Lack of technically skilled labour is forcing some companies to bear the cost of training their employees. Food technology and industrial electronics courses haven arisen precisely in response to the needs of the private sector, which increasingly needs employees with technical training. This […]

Deadly Hurricane Descends on Nicaragua

Deadly Hurricane Descends on Nicaragua

Screen capture from Windytv.com Thursday, 10:30pm – Hurricane Otto is within minutes of making landfall, bearing down on the Caribbean coast of Nicaragua a few km/h shy of a Category 3 hurricane. The National Hurricane Center in Miami reports the Category 2 Hurricane Otto with sustained wind speeds of 175 km/h (178 to make it […]

Bluefields, Nicaragua Readying For Hurricane Otto

Bluefields, Nicaragua Readying For Hurricane Otto

Photo from END TODAY NICARAGUA NEWS – The city of Bluefields since Tuesday began prepapring for the arrival of Hurricane Otto. Twenty-eight years ago, Hurricane Juana caused the evacuation of 321,372 people, 121 dead and 19 missing. “But now the conditions are better,” said Johnny Hodgson, government delegate for the South Caribbean coast. Photo from […]

Rare hurricane bearing down on Nicaragua, Costa Rica

Rare hurricane bearing down on Nicaragua, Costa Rica

TODAY NICARAGUA NEWS – Hurricane season officially ends on November 30, and while the month of November can have named storms, the season is generally winding down. Impactful storms are infrequent occurrences, especially this late in November. Otto formed in the southern Caribbean early this week as the National Hurricane Center closely monitored the area. […]

How Rare Is A Hurricane Llandfall in Nicaragua?

How Rare Is A Hurricane Llandfall in Nicaragua?

Aerial picture taken on September 6, 2007, in the village of Sandy Bay, Nicaragua, after the passage of Hurricane Felix. The southernmost Category 5 Atlantic hurricane on record, Felix caused 133 deaths, nearly all in Nicaragua, and destroyed thousands of homes in the city of Bilwi. Image credit: Oscar Navarrette/AFP/Getty Images. TODAY NICARAGUA NEWS – […]

Ruling Party in Nicaragua Offers Little Transparency Regarding Campaign

Ruling Party in Nicaragua Offers Little Transparency Regarding Campaign

TODAY NICARAGUA NEWS – Ruling party in Nicaragua offers little transparency regarding campaign. The president of the Economic Commission, Walmaro Gutierrez, did not report on the spending for the electoral campaign of his party, the Sandinista National Liberation Front (FSLN). “I honestly do not have the information in hand, it would be great to ask […]

Nicaragua To See New Investments In Commercial Construction

Nicaragua To See New Investments In Commercial Construction

Paseo Real en León. LAPRENSA/C.VALLE (Today Nicaragua) The Mántica Group says plans to invest US$25 million in the construction of a shopping centre on the road to Masaya and US$21 million in an office building and commercial premises in the area of Villa Fontana, Managua. The first project is scheduled to start in March 2017 […]

Nicaragua More Opportunities to Build Social Housing

Nicaragua More Opportunities to Build Social Housing

Families moving into new houses in Cuidad Belen (Today Nicaragua) The eventual increase from US$20,000 to US$23,000 as the ceiling price for affordable housing is seen with good eyes by the construction sector in Nicaragua, which expects an increase in demand. A spokesperson for the union of builders and developers in the country explained that […]

Think the U.S. election has been a dumpster fire? Try voting in Nicaragua

Think the U.S. election has been a dumpster fire? Try voting in Nicaragua

AFP/Getty Images (Today Nicararua) Somewhere at a palatial banquet table in a gaudy seaside mansion guarded by an excessive police detail, Sandinista officials are determining the final vote count in next Sunday’s presidential election. It’s a delicate task. Daniel Ortega’s landslide win needs to look authoritative, but without appearing absurd. A 75% margin of victory […]

Ortega Re-elected, Gets His Third Consecutive Term!

Ortega Re-elected, Gets His Third Consecutive Term!

The power couple: President Daniel Ortega (r) and vice president-elect, Rosario Murillo (Today Nicaragua) The president of Nicaragua, Daniel Ortega, won his third consecutive term in the Sunday general elections, with 71.3% of votes, according to the first official count, while opposition leaders ask questions about the alleged ‘massive’ voter abstention. The preliminary counts of […]

Daniel and Rosario Nicaragua’s Power Couple

Daniel and Rosario Nicaragua’s Power Couple

Some 3.8 million Nicaraguans were called to vote for Sunday’s election. Opposition estimates up to 80% didn’t vote. (Today Nicaragua) Despite a ‘massive’ abstention, threats and harassment at election centres, some centres staying open past the 6:00pm closing time, Nicaragua has voted. And though the official results aren’t in at the time of this post, […]

Nicaragua Votes Today

Nicaragua Votes Today

President Daniel Ortega and Nicaragua’s First Lady, Rosario Murillo, head to the polls today, to be elected President and Vice-President. (Today Nicaragua) MANAGUA: Nicaragua’s first couple, President Daniel Ortega and his wife Rosario Murillo, easily lead the field ahead of elections today, Sunday that look likely to extend their rule over one of the poorest […]

Nicaragua’s Gold Exports Up 12%

Nicaragua’s Gold Exports Up 12%

(Today Nicaragua) In the first ten months of the year gold exports generated US$293 million in foreign exchange, 12% more than in the same period in 2015. Figures from the Center for Exports in Nicaragua (CETREX) indicate that the volume of exports also grew in the period in question, going from 6.94 tons sold abroad […]

A Real-Life ‘House of Cards’ in Nicaragua

A Real-Life ‘House of Cards’ in Nicaragua

(NY Times) MANAGUA, Nicaragua — She started out as a teenage mother working as a newspaper secretary, then spent decades of revolution, conflict, power and public scandal at the side of one of the region’s most influential men. Rosario Murillo greeted supporters in 2014 in Managua, Nicaragua. Credit Esteban Felix/Associated Press Now the first lady […]

Joint Venture in Construction in Nicaragua

Joint Venture in Construction in Nicaragua

Nicaragua has shown outstanding growth, the Nicaraguan economy grew 4.6% in the second quarter of 2016 (Today Nicaragua) The Costa Rican companies MECO and Productos de Concreto have formed an alliance with the Nicaraguan Lacayo Fiallos to create the construction company Concrenic, which has already started operations in Nicaragua. With a joint investment of $5 […]

Vaccine Plant in Nicaragua

Vaccine Plant in Nicaragua

(Today Nicaragua) The Russian government invested $21 million in the construction and equipping of the plant, which in a first stage will focus on the production of 15 million vaccines against influenza. According to the government of Nicaragua, the influenza vaccines that will be produced in the plant will be “marketed at best cost in […]

An Industrial Policy for Nicaragua

An Industrial Policy for Nicaragua

A woman prepares tobacco leaves at a cigar factory in Esteli, 140 km north of Managua (Today Nicaragua) A strategy focused on increasing competitiveness by reducing production costs and facilitating the creation of added value is what industrial enterprises have asked for. Improving training in the use of new tools and technology and giving more […]

Venezuelan economic aid to Nicaragua down 10.9% first half 2016

Venezuelan economic aid to Nicaragua down 10.9% first half 2016

The president of Venezuela, Nicolas Maduro (left) and Daniel Ortega (right) of Nicaragua (Today Nicaragua) Venezuela’s oil loan-centered cooperation with its traditional ally Nicaragua fell by 10.9% during the first half of 2016 as compared to the same period last year, reported Monday the Central Bank of Nicaragua (BCN). Such drop followed a 43.8% decrease […]

Cracking the bad eggs of the turtle trade

Cracking the bad eggs of the turtle trade

(TODAY NICARAGUA) An ingenious project in Nicaragua has hatched a plan to thwart the illegal trade in sea turtle eggs by combining state-of-the-art printing with cell phone technology. Could it work? Each year, countless sea turtle eggs are poached from Nicaragua’s beaches and transported to cities across the region where they are sold as food. […]

Electoral Process in Nicaragua Advances Faultless

Electoral Process in Nicaragua Advances Faultless

(Today Nicaragua) The electoral process in Nicaragua is advancing smoothly after completing the registration of the parties´ representatives to ensure the openness of the general elections on November 6th. According to Roberto Rivas, president of the Supreme Electoral Council (CSE), the 4,308 polling stations represent the administrative units in which the country is divided, seeking […]

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