Featured Nicaragua

U.S. imposes sanctions on son of Nicaragua’s president

The United States imposed sanctions on another son of Nicaraguan President Daniel Ortega, Rafael, on Thursday, accusing him of money laundering and corruption, in the latest effort by Washington to put pressure on the leftist government. The Trump administration has accused the current Nicaraguan government of concentrating power in the… Read More

‘Rio Treaty’ Nations to Cooperate on Sanctions on Venezuela’s Maduro

Western Hemisphere nations voted Monday to employ a regional treaty to impose sanctions against embattled Venezuelan leader Nicolás Maduro, accusing his regime of criminal activity including drug trafficking and money laundering. In a meeting convened by the Organization of American States, 16 of the 19 states party to the Inter-American… Read More

Nicaragua grants citizenship to embattled ex-Salvadoran president

Former Salvadoran president Mauricio Funes has been granted Nicaraguan citizenship, according to a decree published on Tuesday in the Nicaraguan government registry, likely hobbling El Salvador’s efforts to bring him home to face charges of embezzlement and money laundering. The Nicaraguan constitution holds that no citizen may be extradited. Salvadoran… Read More
24th June 2019
AP — The Trump administration and Canada’s government imposed sanctions Friday on some Nicaraguan officials, tying them to a tough crackdown on street demonstrations that began in the Central American country in April 2018. The U.S. said it was sanctioning four officials: National Assembly President Gustavo Porras, telecommunications institute director… Read More
25th April 2019
Nicaraguan bank Bancorp has requested permission from the country’s banking regulator to cease operations after the United States imposed sanctions on the firm, according to a letter seen by Reuters on Wednesday. Bancorp submitted a request to Nicaragua’s banking and financial regulator for “early voluntary dissolution.” “Our bank is unable… Read More
18th April 2019
The Trump administration on Wednesday announced sanctions restrictions targeting Venezuela, Cuba and Nicaragua, including a designation of Venezuela’s central bank and pending limits on Cuban remittances. The administration added Banco Central de Venezuela to its Specially Designated Nationals (SDN) List to “prevent it from being used as a tool of… Read More
17th August 2016
The government believe a more stringent application process will help prevent people entering the country as evangelicals in order to carry out illegal activities. Read More