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Arnoldo Alemán
José Arnoldo Alemán Lacayo (born 23 January 1946) is a Nicaraguan politician who served as the 81st president of Nicaragua from 10 January 1997 to 10 January 2002. In 2003, he was convicted of corruption and sentenced to a 20-year prison term; the conviction was overturned by the Supreme Court of Nicaragua in 2009. Early life Alemán was born in Managua and received his early education at the La Salle institute in Managua. His father was a prominent lawyer who was an associate of the 1970s Nicaraguan dictator Anastasio Somoza Debayle and served as Somoza's minister of education for a period, and the family owned a large coffee plantation south of Managua. In 1967 he graduated with a law degree from the Universidad Nacional Autónoma de Nicaragua-León with specializations in regional economic integration and financial law. Between 1968 and 1979, he worked as a lawyer in the commercial and banking world. He became an official in the government of Anastasio Somoza Debayle. I ...
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President Of Nicaragua
The president of Nicaragua ( es, Presidente de Nicaragua), officially known as the president of the Republic of Nicaragua ( es, Presidente de la República de Nicaragua), is the head of state and head of government of Nicaragua. The office was created in the Constitution of 1854. From 1825 until the Constitution of 1839, the head of state of Nicaragua was styled simply as Head of State (''Jefe de Estado''), and from 1839 to 1854 as Supreme Director (''Supremo Director''). The incumbent president, Daniel Ortega, has served as president since 2007. The presidential term was set at five years from 1985 to 1990, seven years from 1990 to 1997, and was reduced to five years again in 1997. From 1990 to 2009, the president was barred from immediate reelection. An incumbent president could run again after waiting five years, but if successful would have to leave office for good at the end of his second, nonconsecutive term. However, in 2009, the Supreme Court ruled that the constitutio ...
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Tulane University
Tulane University, officially the Tulane University of Louisiana, is a private research university in New Orleans, Louisiana. Founded as the Medical College of Louisiana in 1834 by seven young medical doctors, it turned into a comprehensive public university as the University of Louisiana by the state legislature in 1847. The institution became private under the endowments of Paul Tulane and Josephine Louise Newcomb in 1884 and 1887. Tulane is the 9th oldest private university in the Association of American Universities. The Tulane University Law School and Tulane University Medical School are, respectively, the 12th oldest law school and 15th oldest medical school in the United States. Tulane has been a member of the Association of American Universities since 1958 and is classified among "R1: Doctoral Universities – Very high research activity". Tulane has an overall acceptance rate of 8.4%. Alumni include twelve governors of Louisiana; one Chief Justice of the United ...
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National Project
National may refer to: Common uses * Nation or country ** Nationality – a ''national'' is a person who is subject to a nation, regardless of whether the person has full rights as a citizen Places in the United States * National, Maryland, census-designated place * National, Nevada, ghost town * National, Utah, ghost town * National, West Virginia, unincorporated community Commerce * National (brand), a brand name of electronic goods from Panasonic * National Benzole (or simply known as National), former petrol station chain in the UK, merged with BP * National Car Rental, an American rental car company * National Energy Systems, a former name of Eco Marine Power * National Entertainment Commission, a former name of the Media Rating Council * National Motor Vehicle Company, Indianapolis, Indiana, USA 1900-1924 * National Supermarkets, a defunct American grocery store chain * National String Instrument Corporation, a guitar company formed to manufacture the first resonator gui ...
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Conservative Party Of Nicaragua
The Conservative Party () is a conservative political party in Nicaragua. Its slogan is “Dios, Orden, Justicia” (), often depicted on the three sides of a triangle. History The party is the oldest currently existing in Nicaragua. It was founded during the 19th century, as Nicaragua established itself as an independent republic, by members of the elite of Granada. As in many Latin American countries, a major political conflict took place between conservatives and liberals. During the 1840s and 1850s a nearly constant civil war took place between conservatives and liberals in Nicaragua. In 1857 the conservatives won, and dominated the country for 35 years. In 1893 the party split, and the liberals took advantage of this to make a successful rebellion. The conservative party returned to power in 1910, following the intervention of American troops. It remained in power until another liberal rebellion in 1926, and a coalition government was established. Factions of the Conserva ...
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Nicaraguan Party Of The Christian Path
Nicaragua (; ), officially the Republic of Nicaragua (), is the largest country in Central America, bordered by Honduras to the north, the Caribbean to the east, Costa Rica to the south, and the Pacific Ocean to the west. Managua is the country's capital and largest city. , it was estimated to be the second largest city in Central America. Nicaragua's multiethnic population of six million includes people of mestizo, indigenous, European and African heritage. The main language is Spanish. Indigenous tribes on the Mosquito Coast speak their own languages and English. Originally inhabited by various indigenous cultures since ancient times, the region was conquered by the Spanish Empire in the 16th century. Nicaragua gained independence from Spain in 1821. The Mosquito Coast followed a different historical path, being colonized by the English in the 17th century and later coming under British rule. It became an autonomous territory of Nicaragua in 1860 and its northernmost part ...
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Sandinista National Liberation Front
The Sandinista National Liberation Front ( es, Frente Sandinista de Liberación Nacional, FSLN) is a socialist political party in Nicaragua. Its members are called Sandinistas () in both English and Spanish. The party is named after Augusto César Sandino, who led the Nicaraguan resistance against the United States occupation of Nicaragua in the 1930s.History Matter"To Abolish the Monroe Doctrine": Proclamation from Augusto César SandinoRetrieved 29/09/12 The FSLN overthrew Anastasio Somoza Debayle in 1979, ending the Somoza dynasty, and established a revolutionary government in its place. Having seized power, the Sandinistas ruled Nicaragua from 1979 to 1990, first as part of a Junta of National Reconstruction. Following the resignation of centrist members from this Junta, the FSLN took exclusive power in March 1981. They instituted a policy of mass literacy, devoted significant resources to health care, and promoted gender equality but came under international criticism ...
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Orden De Isabel La Católica
The Order of Isabella the Catholic ( es, Orden de Isabel la Católica) is a Spanish civil order and honor granted to persons and institutions in recognition of extraordinary services to the homeland or the promotion of international relations and cooperation with other nations. The Order is open not only to Spaniards; it has been granted to many foreigners. The Order was created 1815 by King Ferdinand VII in honor of Queen Isabella I as the ''Real y Americana Orden de Isabel la Católica'' ("Royal and American Order of Isabella the Catholic") with the intent of "rewarding the firm allegiance to Spain and the merits of Spanish citizens and foreigners in good standing with the Nation and especially in those exceptional services provided in pursuit of territories in America and overseas." The Order was reorganized by royal decree on 26 July 1847, with the name "Royal Order of Isabella the Catholic", reflecting the loss of the mainland possessions in the Americas after the Spanish ...
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Foreign Direct Investment
A foreign direct investment (FDI) is an investment in the form of a controlling ownership in a business in one country by an entity based in another country. It is thus distinguished from a foreign portfolio investment by a notion of direct control. The origin of the investment does not impact the definition, as an FDI: the investment may be made either "inorganically" by buying a company in the target country or "organically" by expanding the operations of an existing business in that country. Definitions Broadly, foreign direct investment includes "mergers and acquisitions, building new facilities, reinvesting profits earned from overseas operations, and intra company loans". In a narrow sense, foreign direct investment refers just to building new facility, and a lasting management interest (10 percent or more of voting stock) in an enterprise operating in an economy other than that of the investor. FDI is the sum of equity capital, long-term capital, and short-term capital ...
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Inflation
In economics, inflation is an increase in the general price level of goods and services in an economy. When the general price level rises, each unit of currency buys fewer goods and services; consequently, inflation corresponds to a reduction in the purchasing power of money. The opposite of inflation is deflation, a sustained decrease in the general price level of goods and services. The common measure of inflation is the inflation rate, the annualized percentage change in a general price index. As prices do not all increase at the same rate, the consumer price index (CPI) is often used for this purpose. The employment cost index is also used for wages in the United States. Most economists agree that high levels of inflation as well as hyperinflation—which have severely disruptive effects on the real economy—are caused by persistent excessive growth in the money supply. Views on low to moderate rates of inflation are more varied. Low or moderate inflation may be a ...
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Daniel Ortega
José Daniel Ortega Saavedra (; born 11 November 1945) is a Nicaraguan revolutionary and politician serving as President of Nicaragua since 2007. Previously he was leader of Nicaragua from 1979 to 1990, first as coordinator of the Junta of National Reconstruction (1979–1985) and then as President of Nicaragua (1985–1990). In the 1984 Nicaraguan general election, Ortega won Nicaragua's presidential election as the FSLN's candidate. A Marxist–Leninist, Ortega pursued a program of nationalization, land reform, wealth redistribution, and the Nicaraguan Literacy Campaign during his first period in office. A leader in the Sandinista National Liberation Front ( es, Frente Sandinista de Liberación Nacional, FSLN), he implemented policies to achieve leftist reforms across Nicaragua. In later years, Ortega's left-wing radical politics cooled significantly, leading him to pursue pro-business policies and even rapprochement with the Catholic Church. This was followed in the ...
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The New York Times
''The New York Times'' (''the Times'', ''NYT'', or the Gray Lady) is a daily newspaper based in New York City with a worldwide readership reported in 2020 to comprise a declining 840,000 paid print subscribers, and a growing 6 million paid digital subscribers. It also is a producer of popular podcasts such as '' The Daily''. Founded in 1851 by Henry Jarvis Raymond and George Jones, it was initially published by Raymond, Jones & Company. The ''Times'' has won 132 Pulitzer Prizes, the most of any newspaper, and has long been regarded as a national "newspaper of record". For print it is ranked 18th in the world by circulation and 3rd in the U.S. The paper is owned by the New York Times Company, which is publicly traded. It has been governed by the Sulzberger family since 1896, through a dual-class share structure after its shares became publicly traded. A. G. Sulzberger, the paper's publisher and the company's chairman, is the fifth generation of the family to head the p ...
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1972 Nicaragua Earthquake
The 1972 Nicaragua earthquake occurred at 12:29:44 a.m. local time (06:29:44 UTC) on December 23 near Managua, the capital of Nicaragua. It had a moment magnitude of 6.3 and a maximum MSK intensity of IX (''Destructive''). The epicenter was northeast of the city centre and a depth of about . The earthquake caused widespread casualties among Managua's residents: 4,000–11,000 were killed, 20,000 were injured and over 300,000 were left homeless. Tectonic setting Managua, which lies on the southern shore of Lake Xolotlán, near the western coast of Nicaragua, is situated within an active volcanic zone known as the Central American Volcanic Chain. The city has a long history of volcanic and seismic activity which arise from the relative movements of two crustal plates which intersect near the southwestern border of Central America. The Cocos plate, located east of the East Pacific Rise, is moving northeastward and is slowly being submerged under the Caribbean Plate. The ...
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