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Nicaragua’s Ave Maria becomes Keiser University

Nicaragua’s Ave Maria becomes Keiser University
Keiser University, a U.S. non-profit educational institution serving 18,000 students on 15 Florida campuses, at overseas facilities, and online, will be assuming operational and educational control of Nicaragua’s Ave Maria University as of July 1. In what university officials are...
May 9, 2013 · No Comments

Petrocaribe eyes future without Chavez

Petrocaribe eyes future without Chavez

Two months after the death of revolutionary president Hugo Chávez, the Venezuelan-propped Petrocaribe oil alliance is determined to continue growing even in the absence of its visionary and charismatic founder, who passed away to cancer on March 5. Dispelling claims...
May 7, 2013 · 2 Comments

Sandinista unions have nothing to say on May Day

Sandinista unions have nothing to say on May Day

Workers of the world, unite…with the government and big business, so we can all live pretty and clean! That message might sound more like Groucho Marx than Karl Marx, but it’s the basic logic behind the new rallying cry of...
May 1, 2013 · 3 Comments

Nicaragua ratifies ALBA ‘fair trade’ treaty

Nicaragua ratifies ALBA ‘fair trade’ treaty

In an apparent attempt to quell concerns that the Venezuelan-propped Bolivarian Alliance for Our Americas (ALBA) will fall like a house of cards following the death of its main architect, former President Hugo Chávez, Sandinista lawmakers today passed a law...
April 19, 2013 · 4 Comments

Nicaragua’s economy expected to decelerate

Nicaragua’s economy expected to decelerate

Nicaragua’s economic expansion is projected to decelerate slightly over the next three years yet maintain a steady rate of around 4.5%— a full percentage point above the Latin American average— according to the Nicaraguan Foundation of Economic and Social Development...
April 16, 2013 · 2 Comments

Electricity costs to increase 7.78 percent next week

Electricity costs to increase 7.78 percent next week

Good news for folks who complained they weren’t getting charged enough for electricity: starting Monday, April 15, the cost of electricity will increase by 7.78%, according to the latest rate hike announced this morning from the Nicaraguan Electricity Institute (INE)....
April 12, 2013 · 13 Comments

Managua ranks 3rd in the Americas for investment strategy

Managua ranks 3rd in the Americas for investment strategy

For the past 40 years, Managua has been staggering about like a shell-shocked earthquake victim who is overwhelmed by devastation and haunted by the ghosts of its past. But that is starting to change. For the first time in decades,...
April 11, 2013 · 9 Comments

Bamboo industry helps Nicaragua grow green

Bamboo industry helps Nicaragua grow green

More than 17% of carbon dioxide emissions result from deforestation, making it the third leading cause of greenhouse gas emissions. And as the earth’s population increases, the demand for timber continues to grow. Substituting hardwood timber for a sustainable alternative...
April 10, 2013 · 5 Comments

Private sector rejects gov’t telecom controls

Private sector rejects gov’t telecom controls

Nicaragua’s two largest private business chambers are lambasting a new decree by the government’s telecom regulatory institute (TELCOR) that says all private telecommunications companies need to get government approval for their managers, directors, newsroom chiefs and systems managers. All telecom...
April 4, 2013 · 3 Comments

Semana Santa recap: fewer deaths, more tourism

Semana Santa recap: fewer deaths, more tourism

Despite 51 reported deaths last week in highway accidents, murders and drownings, Nicaraguan authorities are calling their Semana Santa security plan a “success” because the traditionally violent week was slightly less so than in years past. After a several days...
April 1, 2013 · 9 Comments

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    • US missionary drowns in Nicaragua

      A 22-year-old U.S. missionary who drowned last week off Nicaragua’s Pacific coast is being laid to rest on Saturday in his hometown in Kentucky. Nathan Fouts, who arrived to Nicaragua on May 6 as part of a Pentecostal mission trip…

    • U.S. donates parachutes to Nicaraguan Army

      The U.S. military detachment at the U.S. Embassy in Managua today donated $96,000 worth of parachute equipment to the Nicaraguan Army’s Special Operations Unit. The donation, which includes 50 parachutes, altimeters and neon jump lights, will help strengthen the Nicaraguan…

    • Nicaragua deports U.S. fugitive

      U.S. conman Lawrence Scott Hartman Grosser, sought by Interpol since 2009, was handed over to U.S. law enforcement officials this morning at Nicaragua’s Augusto C. Sandino International Airport and deported to the United States to face charges of money-laundering and…

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