EPISODE · Oct 25, 2022 · 6 MIN
Biden closes door on Ortega's gold
from Central America in Minutes · host El Faro English
On Monday the Biden administration expanded Trump-era sanctions to the Nicaraguan economy, cutting off the country’s lucrative gold industry from U.S. markets as Managua deepens energy cooperation with Moscow and Tehran. The administration, aware that other Central American leaders are watching, says it will study similar moves against other industries bankrolling Ortega.
What this episode covers
On Monday the Biden administration expanded Trump-era sanctions to the Nicaraguan economy, cutting off the country’s lucrative gold industry from U.S. markets as Managua deepens energy cooperation with Moscow and Tehran. The administration, aware that other Central American leaders are watching, says it will study similar moves against other industries bankrolling Ortega.
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Biden closes door on Ortega's gold
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