Tag: Daniel Ortega

• Monday, January 13th 2014 - 07:27 UTC

  Nicaragua announces that construction of inter-ocean canal begins this year

  

  President Manuel Ortega said on Saturday that the construction of a massive inter-oceanic canal in Nicaragua that could significantly alter global trade would start at the end of 2014. Ortega gave a Chinese group a concession to manage the future shipping channel for 50 years, with the possibility to renew the contract for another 50.

• Thursday, August 29th 2013 - 23:54 UTC

  Falklands’ Noble Energy exploring for oil in disputed Caribbean waters supported by Nicaragua

  

  On 17 July, Nicaragua announced that US-based Noble Energy would invest 30 million dollars in drilling two offshore wells in the Caribbean—launching Nicaragua's first-ever oil exploration.

• Saturday, July 6th 2013 - 07:16 UTC

  Venezuela and Nicaragua prepared to offer ‘humanitarian asylum’ to Snowden

  

  Presidents Daniel Ortega of Nicaragua and Nicolas Maduro of Venezuela said Friday they were willing to grant asylum to NSA leaker Edward Snowden. The NSA whistleblower has asked for asylum in several countries, including Nicaragua and Venezuela.

• Friday, June 14th 2013 - 08:20 UTC

  Nicaragua approves transoceanic canal to rival with Panama and to be built by Hong Kong company

  

  The Nicaraguan Congress has approved a proposal to have a canal built linking the Pacific and the Atlantic Oceans. A Hong Kong-based company has been granted a 50-year concession to build the waterway, which will rival the Panama Canal.

• Tuesday, June 11th 2013 - 05:18 UTC

  Fast-track debate in Nicaragua to consider Chinese project for an inter-ocean canal

  

  Nicaragua is moving closer to granting a Chinese company a 100-year concession to build and operate a canal linking the Atlantic to the Pacific.
  Construction of the waterway would take 10 years and cost 40 billion dollars.

• Tuesday, June 4th 2013 - 05:27 UTC

  Strong reaction from Bolivarian countries to Colombia’s cooperation with NATO

  

  President Juan Manuel Santos announcement over the weekend that Colombia will look for a cooperation understanding with NATO (North Atlantic Treaty Organization) on their invitation, has irked the so called Latinamerican group of ‘anti-imperialist countries’, at a moment when relations between neighbouring Colombia and Venezuela have hit a new low.

• Friday, January 11th 2013 - 08:55 UTC

  Declaration of Caracas pledges support for Venezuela in the international stage

  

  Presidents, Foreign ministers and representatives from 22 Latinamerican and Caribbean countries stamped their signatures to a declaration stating their commitment in support of Venezuela and its institutions in the international stage.

• Monday, December 3rd 2012 - 04:49 UTC

  Colombia/Nicaragua agree to act “with a cool head” following disputed waters ruling

  

  Colombian President Juan Manuel Santos said he has agreed with his Nicaraguan counterpart, Daniel Ortega, “to establish lines of communication” to resolve through diplomatic channels the maritime dispute between the two countries.

• Wednesday, November 28th 2012 - 22:20 UTC

  Colombia withdraws from UN Justice Court angry at latest ruling on Caribbean islands

  

  Colombia has withdrawn from a treaty that binds it to the UN International Court of Justice in anger at a ruling that shifts some of its resource-rich waters to Nicaragua, President Juan Manuel Santos announced on Wednesday.

• Thursday, February 16th 2012 - 20:43 UTC

  Controversy in Nicaragua over contribution for ALBA development bank

  

  Nicaragua’s Central Bank President Antenor Rosales quit following a disagreement with President Daniel Ortega over the use of foreign currency reserves to fund a regional bank for the Venezuelan-led bloc of eight nations known as Alba, (Bolivarian Alternative for the Americas).