Ecuador’s election wasn’t free — and its people will pay the price under President Noboa

THE US is renewing its attack on the elected government of Nicaragua by imposing yet more sanctions, coupled with new draft congressional legislation aiming to secure “regime change.”
This drive of sanctions against Nicaragua dates back to December 2018 when Trump signed into law the “Nica Act” (Nicaraguan Investment Conditionality Act), over two years after the draft legislation was first approved by the US House of Representatives in September 2016.
The Nica Act is an attempt to use economic pressure to destabilise the country’s government and economy. Its main thrust was to try to cut Nicaragua off from loans and financial or technical assistance by the multilateral-lending institutions such as the World Bank, International Monetary Fund, Inter-American Development Bank (IDB) and Central America Bank for Economic Integration (CABEI).



