(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...

While the first family’s political project is subsidized by a wellspring of Venezuelan petrodollars, most Nicaraguan households are relying on foreign subsidies of another type: remittance money sent home by family members working abroad. Nicaraguans last year received more than...

(posted April 26, 9:20 a.m.)- Cone Denim’s massive $100 million textile plant in Ciudad Sandino, which opened in April 2008 just to close a few months later due to the world economic crisis, will reopen by the end of 2012...

The board of directors of the Nicaraguan-American Chamber of Commerce (AMCHAM) met this morning with Carlos Pellas, president of Grupo Pellas, to discuss the importance of improving Nicaragua’s business climate, strengthening its institutions and securing the U.S. waivers to ensure...

After chalking up impressive growth in exports and foreign-direct investment in 2011, Nicaragua is feeling the pressure to repeat this year. The 2012 numbers aren’t expected to be as eyebrow-raising as last year’s, when Nicaragua registered an extraordinary 47% increase...

Over the past five years of President Daniel Ortega’s government, Nicaragua’s economy has gone from being Central America’s perennial basket case to the region’s rising star. Not only is Nicaragua the fastest-growing economy in Central America in terms of exports...

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...

Guatemalan businessman José Orive Vides, president of the Association of American Chambers of Commerce of Latin America (AACCLA)—the Western Hemisphere’s largest association of business chambers—is calling on the U.S. government to not “punish Nicaragua” with any punitive actions that would...

MANAGUA—When a developing country is compared to “the next Thailand,” it usually refers to something adulterous, prurient and libidinous. But that’s not what the Thai government had in mind this week when it offered to help Nicaragua further develop its...

(posted Jan. 5, 8:20 p.m.)- The Nicaraguan Institute of Energy (INE) today approved a 9% increase in electricity rates due to rising costs of petroleum. The price hike will be effective Jan. 7.   On Wednesday, INE was flirting with...