Nicaragua plans to begin building access roads and highways on Monday near the country’s Pacific coast as it starts work on a $50 billion inter-oceanic canal meant to rival Panama’s century-old waterway.
…At an estimated cost more than four times the size of Nicaragua’s $11 billion economy, the project has raised doubts among analysts who point to HKND’s lack of experience in major infrastructure projects and question the need for another Central American canal. Panama is planning to complete a $5.25 billion expansion of its waterway next year.
MANAGUA, Nicaragua (AP) -- Nicaraguan president and one-time Sandinista revolutionary Daniel Ortega appears headed for victory Sunday in an election that his critics say could be the prelude to a presidency-for-life....
WARNING: DISTURBING IMAGES
MONROVIA, Liberia – Days after Kaizer Dour died of Ebola at the edge of a mangrove swamp, strangers carried his rotting corpse in a dugout canoe for a secret burial. Out on an uninhabited, bush-covered island, far from the national basketball court where Kaizer won acclaim as one of Liberia’s most valuable players last season, the strangers fulfilled one of the most important duties of a Liberian family – burying the young man.
Thousands of pro- and anti-government protesters took to the streets of Nicaragua's capital Saturday, protesting and backing President Daniel Ortega's bid to remain in power.Chanting "Democracy yes, dictatorship no!" Ortega opponents numbered at 50,000 by organizers marched peacefully in Managua against his controversial re-election plans, even as thousands of the president's supporters gathered for their own demonstration.
Amancio Ortega Gaona, already the world’s fourth-richest person based on the success of his Zara fashion retail stores, has quietly amassed a real estate empire worth as much as US$10-billion and is emerging as a formidable competitor for prime properties from London to Beverly Hills.
Relying on all-cash offers, he has outbid the world’s biggest institutional funds and professional property investors, such as Tishman Speyer Properties LP.
In the last few weeks I’ve come across many sources emphasizing the same big theme that I hadn’t sufficiently appreciated: our industrial world was enabled and has become rich in large part because we’ve reduced the power and importance of extended families. This post ends with a long list of quotes, but I’ll summarize here.
Nicaragua's constitution bars presidents from being re-elected, but that is not stopping President Daniel Ortega from running in his sixth straight presidential race. Going into Sunday's vote, he is leading the polls in a three-man race.