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Nicaragua drops $80 million on Russian tanks
Global
11271 views
Global
11271 views

Nicaragua drops $80 million on Russian tanks

The Tico Times - April 29, 2016

News Monday that Russia had shipped the first 20 of 50 battle tanks to Nicaragua rattled Costa Rican officials and left others scratching their heads. The $80…

Lawmakers dismiss attempt to block Nicaragua Canal
Business
1968 views
Business
1968 views

Lawmakers dismiss attempt to block Nicaragua Canal

AFP - April 12, 2016

MANAGUA, Nicaragua – Nicaragua's Congress has scuppered a bill backed by thousands of people hoping to block a cross-country canal project, saying the legislature does not have the authority to…

Nicaraguan indigenous, Afro-Caribbeans sue government over pressure for inter-oceanic canal
Business
2465 views
Business
2465 views

Nicaraguan indigenous, Afro-Caribbeans sue government over pressure for inter-oceanic canal

The Tico Times - February 12, 2016

Indigenous and Afro-Caribbean leaders in Nicaragua filed a lawsuit against government officials last week after they were allegedly coerced into signing a document giving consent for a…

Indigenous and Afro-Caribbeans claim they were forced to negotiate over Nicaragua Canal
Business
3244 views
Business
3244 views

Indigenous and Afro-Caribbeans claim they were forced to negotiate over Nicaragua Canal

The Tico Times - January 14, 2016

Under the gaze of government officials and masked policemen, Nicaraguan indigenous and Afro-Caribbean leaders say they were coerced into signing a document Sunday regarding the planned $50…

A year after work starts, little sign of Nicaragua canal
Business
2373 views
Business
2373 views

A year after work starts, little sign of Nicaragua canal

Blanca Morel | AFP - December 21, 2015

RIVAS, Nicaragua -- A year ago, to much fanfare, a Chinese consortium planning on building a canal across Nicaragua to rival the century-old one in neighboring Panama started initial…

Nicaragua approves environmental, social impact assessments to begin canal construction
Global
3228 views
Global
3228 views

Nicaragua approves environmental, social impact assessments to begin canal construction

AFP and The Tico Times - November 5, 2015

Nicaragua approved environmental and social impact assessments on Thursday so that construction could begin on a massive canal by Chinese firm HKND that would connect the Pacific Ocean to the…

Financial, environmental questions plague Nicaragua canal project
Business
2362 views
Business
2362 views

Financial, environmental questions plague Nicaragua canal project

The Tico Times - October 7, 2015

It isn’t looking good for Chinese billionaire Wang Jing and his planned $50 billion Nicaragua canal project. New financial, social and environmental concerns have cast doubt on…

Nicaragua official goes to Washington to justify massive canal project
Business
2451 views
Business
2451 views

Nicaragua official goes to Washington to justify massive canal project

Larry Luxner - October 2, 2015

WASHINGTON, D.C. – The proposed $50 billion interoceanic Nicaragua Canal – the biggest earthmoving project in world history – will cut poverty in half, double the country’s GDP…

US concerns grow over possible Nicaragua Canal land expropriation, ambassador says
Business
2246 views
Business
2246 views

US concerns grow over possible Nicaragua Canal land expropriation, ambassador says

AFP - August 24, 2015

MANAGUA, Nicaragua – U.S. Ambassador to Nicaragua Phyllis Powers acknowledged that her government is concerned over the possible expropriation of land owned by U.S. interests in Nicaragua, where…

Nicaragua can’t stop dreaming of a canal
Business
2057 views
Business
2057 views

Nicaragua can’t stop dreaming of a canal

Justin Fox | Bloomberg View - August 21, 2015

Late last year, Nicaraguan authorities said that construction was about to begin on a $50 billion canal connecting the Atlantic and the Pacific. Hong Kong-based HKND Group,…