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Biden targets Nicaragua’s gold in new move against Ortega

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The Biden administration is ratcheting up pressure on President Daniel Ortega’s authoritarian rule in Nicaragua, threatening a ban on Americans from doing business in the nation’s gold industry, raising the possibility of trade restrictions and stripping the U.S. visas of some 500 government insiders.

The actions, stemming from an executive order signed by President Joe Biden on Monday, are the latest and perhaps most aggressive attempt by the U.S. to hold the former Sandinista guerrilla leader accountable for his continued attacks on human rights and democracy in the Central American country as well his continued security cooperation with Russia.

Previous rounds of sanctions have focused on Ortega, his wife and vice president, Rosario Murillo, and members of their family and inner circle. But none of those moves have managed to loosen Ortega’s grip on power The latest target by Ortega’s government: the Roman Catholic Church. In August, security raided the residence of a bishop, detaining him and several other clergy.

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The new executive order greatly expands a Trump-era decree declaring Ortega’s hijacking of democratic norms, undermining of the rule of law and use of political violence against opponents a threat to the U.S.′ national security.

Source: AP.

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Intecap
Cervecería Centroamericana S.A.
Walmart
Instituto Hondureño de Turismo
Tigo
MAD-HAV Enjoy Travel Group
Los Portales
Agexport
Herbalife
Nestle
AVA Resorts
Cubasol
blackanddecker
Servicios Médicos Cubanos
INOR
Barceló Solymar
Grupo Hotelero Islazul
Realidad Turística
Centro Nacional de Cirugía de Mínimo Acceso de Cuba
Irtra