Bolivia, Venezuela and Nicaragua withdraw together from the ICSID
2 May 2007
DECISION OF ALBA-PTA ON ICSID Member countries (Bolivia, Venezuela and Nicaragua) of the Bolivarian Alternative for the Americas (ALBA) and Peoples’ Trade Agreements (PTA) have emphatically rejected legal, diplomatic and media pressure exercised by some multinational companies, which having made vulnerable constitutional rules, national laws, contractual obligations, regulatory environmental and labour resolutions, resist the application of sovereign rules by threatened countries by (...)
El Fmi en Nicaragua
por Adolfo Acevedo Vogl
11 de julio de 2006
Building Without a Foundation
Why the G8 Debt Relief Plan Won’t Help Nicaragua’s Poor
by Sean Donahue
8 July 2005
Achualinca sprawls out from the edge of the dump on the shores of Lake Managua, a barrio of improbably well cared for houses thrown together from whatever materials people could scavenge—tin, plywood, tar paper, cardboard, plywood. In the all but forgotten language of the first people who lived here, Achualinca means sunflower. Today scattered banana trees grow out of the mercury-laden soil, contaminated by a U.S. battery company that dumped its waste into the lake for decades. This is the (...)
Free Market Corruption, Neo-liberal Pretexts
"poor People Can’t Be Engineers"
by Toni Solo
25 February 2004
Newsweek recently ran an article on money laundering in Latin America. It identified Nicaragua's ex-President Arnoldo Aleman as one of a super-corrupt elite along with Mexico's Carlos Salinas and Guatemala's Alfonso Portillo. But, these individuals barely reach the ankles of their United States and European counterparts. Corruption has a history, context and consequences the self-censoring corporate media seldom connect.