Opinion: Nicaragua’s sad and costly ‘stabilization’

Previous diplomatic pressure from the OAS, the UN and United States seemed to be a stabilizing force for Nicaragua, as President Daniel Ortega – once leftist guerrilla turned power-hungry dictator – opened up for negotiations on the state of the country and its civil rights. But in the past few President Ortega has only increased government repression of political opposition, whom he refers to as terrorists. The Nicaraguan economy has taken a hit, as riots and protests have driven away tourists, the driving force of one of the strongest pillars of the economy, as well as foreign investment. The future of Nicaragua and the decades-old Ortega regime will likely be decided by the declining economic factors and by international factors, namely Venezuela’s inability to provide cheap oil or any other aid amidst its own turmoil. You can read the full report at GIS reports.