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Nicaragua News Headlines

Why the Nicaragua canal poses new challenge to Ortega's power
On the windy shore of Lake Nicaragua, farmer Dayton Guzman surveys the vast expanse of water his family relies on for irrigation. The government argues the project will create tens of thousands of jobs and boost GDP by up to 12 percent – a critical point in a country where nearly three-quarters of the population lives on less than $4 a day.(3/24/2015 9:53:58 AM)
Nicaragua's Renewable Energy Revolution Picks Up Steam
A few years ago, Nicaragua was almost totally dependent on imported fuel. Now the country's fierce winds, sun and volcanoes generate nearly half the country's electricity, and perhaps 80 percent soon.(3/11/2015 5:23:07 AM)
Why the Nicaragua canal poses new challenge to Ortega's power (+video)
Nicaraguans have lots of questions, but the closed-door nature of canal decisions mean they're getting few answers – and taking their frustration to the streets.(3/24/2015 7:15:30 PM)
Nicaragua's clean energy progress has only just begun
Spurred on by high oil prices and an unreliable grid, Nicaragua attracted $1.5 billion in renewable energy investement between 2006 and 2012. Now it gets about half of its electricity from renewable sources. (3/12/2015 12:52:33 PM)
Nicaragua Wants Russian Fighter Jets, Making Central American Neighbors Nervous
Nicaragua is hoping to buy fighter planes and other military assets from Russia to modernize its military, but those plans are sending nervous jitters through other Central American nations. Russian Foreign Minister Sergei Lavrov visits Nicaragua on Wednesday to firm up ties with the country and potentially discuss a deal, but Managua’s neighbors warn that the sale could tip the balance of ...(3/25/2015 12:46:04 PM)
Wang Jing: The man behind the Nicaragua canal project
Chinese billionaire Wang Jing is embarking on a massive construction project to build the inter-oceanic Nicaragua shipping canal. The BBC's Carrie Gracie spoke to him in Beijing.(3/18/2015 6:43:17 PM)
Judge in Nicaragua sentences lieutenant for criticizing army
MANAGUA, Nicaragua (AP) — A Nicaraguan military court judge on Friday sentenced an army lieutenant to 3½½ months in prison for criticizing the armed forces' role in cracking down on civilians during protests against a Chinese company's project to build a canal across the country.(3/20/2015 6:57:16 PM)
Who's behind the 'Nicaragua Grand Canal'-and why?
A lot of people are questioning why, exactly, the proposed "Nicaragua Grand Canal" would need to exist in the first place.(3/9/2015 6:31:14 AM)
Nicaragua Constructs Enormous Canal, Blind to its Environmental Cost
Work has already begun on a canal three times the length of Panama’s, which will cut through forests, wetlands, native reserves and a lake -- Read more on 7:18:06 PM)
Grupo Ficohsa acquires Banco Citibank de Nicaragua and Cititarjetas de Nicaragua
The acquisition encompasses all of Citi's business in Nicaragua: commercial loans, personal loans, deposits and credit cards. During the process, Citi will continue its operations as it has to date. This acquisition follows the successful acquisition and integration of Citi's consumer banking business in Honduras. Grupo Financiero Ficohsa (GFF) has agreed to acquire 100% of the shares of Banco ...(3/25/2015 10:30:00 PM)
Source: Yahoo