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AA adds extra cabin, more legroom

AA adds extra cabin, more legroom

(posted March 2,1:00 p.m.)- Passengers flying to Managua on American Airlines will soon have the option of getting more legroom without upgrading to First Class. As part of the airline’s Chapter 11 reorganization, American Airlines is modernizing its entire mainline...
March 2, 2012 · No Comments


Rosales resigns as Central Bank chief

Rosales resigns as Central Bank chief

Economists, politicos and business leaders are offering mixed interpretations of Tuesday’s unexpected shakeup in the Central Bank, and wondering aloud what the managerial move might mean for the country’s macroeconomic stability and dubious democratic institutionalism. The private sector is urging...
February 15, 2012 · 5 Comments


Sahlman Seafoods wins top U.S. business honor

Sahlman Seafoods wins top U.S. business honor

  Nicaragua’s Sahlman Seafoods this week became a giant in the land of shrimps. On Wednesday, this small U.S. seafood company emerged from its shrimp farm among the mangroves of Chinandega to receive the U.S. State Department’s highest international business...
January 19, 2012 · 4 Comments


Will chicken controversy peck holes in business confidence?

Will chicken controversy peck holes in business confidence?

Despite President Daniel Ortega’s promise to continue cooperating with the private sector, Nicaragua’s largest business chamber claims his government is already ruffling feathers in country’s poultry industry. On Tuesday, the Superior Council of Private Enterprise (COSEP) accused the Sandinista government...
November 23, 2011 · 8 Comments


Did Ortega overreach?

Did Ortega overreach?

The low-wire balancing act that the Ortega Administration has managed between politics and the economy has not been without a few serious missteps along the way. The biggest stumble came in November 2008, when the Sandinista government and its duplicitous...
November 22, 2011 · 3 Comments


Sugar Tycoon: Nicaragua is not as risky as it seems

Sugar Tycoon: Nicaragua is not as risky as it seems

MANAGUA—One of Central America’s leading businessmen says Nicaragua’s conditions for business and investment are more favorable than they appear from a distance. While there are some doubts about what an emboldened President Daniel Ortega will do with unchecked power in...
November 21, 2011 · 7 Comments


New American flight touches down in Managua

New American flight touches down in Managua

Waving a Nicaraguan flag from the driver’s side window, the inaugural flight of America Airlines flight 947 taxied to its gate in Managua yesterday at 2:30 p.m., carrying 160 passengers from Miami. The new flight—America Airlines’ third daily flight between...
November 19, 2011 · 2 Comments


Will private sector propose legalization of drugs?

Will private sector propose legalization of drugs?

With a bluish-gray predawn haze casting long shadows over the choppy Caribbean waters, a Nicaraguan Navy patrol boat gave full-throttle chase to a 400-horsepower drug boat racing up the coastline past Bilwi, the drug-infested capital of Nicaragua’s North Atlantic Autonomous...
November 14, 2011 · 1 Comment


Can the economy grow as democracy shrinks?

Can the economy grow as democracy shrinks?

MANAGUA—The electoral turbulence that normally rattles Nicaragua’s economy at the end of every presidential quinquennial, forcing investors to return to their seats and strap themselves in for a bumpy ride, has failed to materialize this year despite the political cumulonimbus...
October 26, 2011 · 11 Comments


Private sector celebrates Sandinista leadership

Private sector celebrates Sandinista leadership

MANAGUA – When Sandinista leader Daniel Ortega returned to the presidency in 2007, it was anyone’s guess how Nicaragua’s private sector would respond. After all, the pernicious policies of the Sandinistas’ experimental “mixed-economy” in the 1980s were marked by massive...
October 20, 2011 · 4 Comments


12

Breaking News

  • Ortega’s reforms OK’d by Congress

    (posted May 15, 7:00 p.m.)- To the surprise of nobody, the Sandinista-dominated National Assembly today approved President Daniel Ortega’s electoral reform package proposed last month after weeks of breathless hype by First Lady Rosario Murillo. The vote was passed with…

  • IMF: Nicaragua’s economy must grow faster

    (posted May 15, 12:50 p.m.)-Despite Nicaragua’s strong economic recovery from the financial crisis of 2008-09, the country must grow its economy even faster to reduce poverty, according to the International Monetary Fund (IMF). Following a nine-day IMF visit to the…

  • FAO: Nicaragua needs to decentralize response to malnutrition

    (posted May 14, 1:30 p.m.)- The Nicaraguan government needs to decentralize its efforts to provide food security and combat malnutrition, which affects 19% of the population—one of the highest levels in Latin America, according to the UN’s Food and Agricultural…

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