Nicaragua

BMI View: Whether fixed or crawling, Central America's dollar pegs are feeling the pressures of deteriorating external conditions. In the absence of meaningful adjustment mechanisms,... 2008-07-04

Nicaragua's supreme electoral court has annulled the status of two political parties - the Movimiento Renovador Sandinista (MRS) and centre-right Partido Conservador (PC) - in a move... 2008-07-02

BMI View: At the risk of repeating ourselves, inflation remains the number one concern in Nicaragua, and latest data show that price growth is really starting to accelerate. Headline... 2008-07-02

The upward march of consumer price inflation continues to cause us considerable concern in Nicaragua. Headline prices rose by 19.3% y-o-y in April, the fifth consecutive month of... 2008-06-09

BMI View: We are concerned about the spike seen in Central America's cumulative trade deficit in recent years caused by robust domestic demand and soaring global commodity prices.... 2008-06-09

Nicaraguan President Daniel Ortega finally succumbed to popular pressure in May and granted fuel subsidies for the transport sector, thereby ending strikes that had crippled the economy... 2008-06-09

BMI View: Increased government subsidies to hard-up businesses and consumers, and a spending spree ahead of regional elections, are likely to exacerbate Nicaragua's fiscal shortcomings... 2008-06-03