Nicaragua Far Behind as Panama Canal Celebrates 100 Years
The Panama canal has been vital for maritime trade between the Atlantic and Pacific oceans since completion in 1914.
Grand Canal of Nicaragua
Since completion in 1914, the Panama canal has been vital for maritime trade between the Atlantic and Pacific oceans by cutting through the Isthmus of Panama to eliminate the lengthy and dangerous Cap Horn route looping around the southern tip of South America. As far back as 1825, the newly established Federal Republic of Central…
GDP and PPP in Central America
Central America is comprised the seven nations of Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and Panama. The combined GDP of these tropical nations is a total of $165,400 million USD according to the CIA World Factbook. Let’s put that in perspective. Canada had a GDP of approximately $1,759,000 million USD in 2011, or…
Bolivarian Alliance for the Americas
Initiated in 2004 as a pet project of Venezuelan president Hugo Chavez, the Alianza Bolivariana para los Pueblos de Nuestra América started as a pact between the impoverished nation of Cuba, and Venezuela. The pact started as a simple partnership between communist Cuba, and fascist Venezuela. Under the initial agreement, Venezuela basically exchanged about 96,000…
4 Nations to Leave Defensive Treaty
Bolivia, Ecuador Nicaragua, and Venezuela are no strangers to anti-Western posturing. Recently, the nations have been cozying up to the Islamic nation Iran while simultaneously touting increasingly populist rhetoric, and implementing draconian policies such as disarming law abiding citizens in Venezuela, flouting national laws in Nicaragua, or attacks on the press in Ecuador. Last Tuesday,…
US Government Awakening to Iranian Threat in South America
Despite mounting evidence of Iranian support for terrorist organizations and growing ties in Latin America, Vice President Joe Biden said to reporters last Wednesday that “People talk about Hezbollah. They talk about Iranian support for weapons and the rest. I guarantee you, Iran will not be able to pose a hemispheric threat to the United…
Concern for Democracy and Liberties in Nicaragua
US Senator Marco Rubio (R-FL) expressed concern for the rule of law in Nicaragua during confirmation hearings on February 7 to determine the next US Ambassador for a handful of Latin American countries. During confirmation hearings before the Senate Foreign Relations Committee, Phyllis Powers said that she would “speak clear and with conviction about the…
Ahmadinejad Strengthens Ties with Latin America
Despite drastic differences culturally, religiously, and geographically, Venezuela’s Chavez and Iran’s Ahmadinejad seem to be united as enemies of a common enemy. Both countries are fond of railing against the "imperial Yankee," and a planned tour of leftist Latin Amarican states by Ahmadinejad is seen as a demonstration of solidarity against Western powers. Coming on…
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