Nicaragua

BMI View: The current account deficit in H107, at US$316mn, was lower than H106's outturn of US$380mn, putting downside risks to our year-end forecast of US$900mn (or 0.85% of GDP).... 2007-09-05

BMI View: Nicaragua's foreign reserves came in at US$947.5mn in April, marking a 6% month-on-month increase, and bringing the total above the end-2006 level for the first time this... 2007-07-31

The two opposition parties - the Alianza Liberal Nicaraguense (ALN) and the Partido Liberal Constitucionalista (PLC) - announced on July 23 that they will form a 'strategic alliance'... 2007-07-31

BMI View: Rising oil and food prices are driving up the Nicaraguan Consumer Price Index (CPI), which recorded a 9.46% y-o-y rise in June. Although our year-end inflation target remains... 2007-07-31

Nicaragua's Supreme Court suspended three senior judges on July 3 after they acquitted three men of cocaine trafficking charges. The court ordered an investigation into the judges,... 2007-07-05

BMI View: Costa Rica's decision to dissolve its diplomatic ties with Taiwan has heightened speculation that other Central American and Caribbean allies may follow suit. In our view,... 2007-06-22

BMI View: Global food prices are on the rise. This has hit Central America particularly harshly, given the heavy weighting of key agricultural goods in national price baskets. For... 2007-06-12

BMI View: The current account was in deficit to the tune of US$161.5mn in Q107, which represented the smallest quarterly shortfall since Q105. The key was a sharp rise in exports... 2007-06-07

President Daniel Ortega claimed in May that Spanish energy company Union Fenosa, which is Nicaragua's main electricity distributor, has offered to sell its assets back to the Nicaraguan... 2007-06-07

BMI View: Nicaragua has been one of the top destinations for foreign direct investment (FDI) in Central America over the past two years. While the stable economy should ensure further... 2007-05-21