Approval of Nicaraguan canal criticized MANAGUA, Nicaragua, June 14 (UPI) -- Nicaraguan lawmakers approved the construction of a transoceanic canal that would cost $40 billion and span 180 miles, but experts say it may never be built.
June 14, 2013 - UPI
Chinese company plans to build Nicaraguan canal to compete with Panama Global trade is outgrowing the Panama Canal, so Nicaragua is teaming up with a Chinese company to build an alternative. The Great Nicaraguan Canal is going to be the largest ever constructed by far.
June 14, 2013 - ExtremeTech
Nicaraguan assembly OKs $40 billion Chinese canal to rival Panama's By Ivan Castro MANAGUA (Reuters) - Nicaraguan lawmakers granted a 50-year concession to a Chinese company on Thursday for it to design, build and manage a shipping channel across the Central American nation that would compete with the Panama Canal. The $40 billion proposal by HK Nicaragua Canal Development Investment Co Ltd's (HKND Group) calls for linking Nicaragua's Caribbean and Pacific ...
June 13, 2013 - Reuters via Yahoo! News
Carlos MejÃa Godoy in International Herald Tribune I cannot allow songs inspired by the sacrifice of thousands of Nicaraguan people to serve as a musical backdrop for ...... the most embarrassing tragicomedy in recent years,said Mejia Godoy, who ran unsuccessfully for vice president in 2006...
Daniel Ortega in CanadianBusiness.com Either they respect the agreement,Ortega said in a speech late Friday, "or that company will be in the hands of the Nicaraguan people, in the hands of the state."
Robert Gates in AlterNet The Nicaraguan regime is steadily moving toward consolidation of a Marxist-Leninist government and the establishment of a permanent and well armed ally of the Soviet Union and Cuba on the mainland of the Western Hemisphere,Gates wrote to Casey.