NewzBytz: Newz ‘n Viewz
by Nick Cooke
HIPC – Pardon me?
Nicaragua reached the completion point or entry into the international finance initiative for Highly-Indebted Poor Countries (HIPC) in January. Around four billion dollars in foreign debt is forgiven conditionally. Interest payments have been alleviated for the last couple of years leading up to forgiveness of the debt. The country benefits further by having to pay less debt service.
Sounding somewhat oxymoronic, HIPC money is for poverty spending. It will be overseen by the World Bank and others. The government must meet certain conditions to trigger future Poverty Reduction Support Credits from that institution and to continue with the Poverty Reduction Growth Facility operations of the International Monetary Fund.
The goal is for Nicaragua to incrementally reach the Millennium Development Goals approved at a recent UN Summit by the year 2015, including, among others, reduced maternal and infant mortality, less people living in poverty, universal primary education, and expanded water and sanitation services. All these and more are included in the Bolaños Administration proposed National Development Plan for economic growth and prosperity. (more…)
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Tags: active volcano, Amnesty, Arnoldo Alemán, Between, Carlos Guadamuz, cerro negro, construction, finance initiative, fuel prices, Haroldo Montealegre, humanitarian assistance, job growth, livestock production, magazine, manufacturing, Mískito, milk, news, nicaragua, nick cooke, Political commentator, public investment projects, Robert Zamora, Sickness, Sugar refinery, the, Waves
History: Tales of the Buccaneers
by Zac Clemens
The Buccaneers of the Spanish Main captured the imagination of generations, freebooters who lived by the sword and gun, sailing the Caribbean in search of fortunes in gold and silver. They also captured and burned several cities in colonial Nicaragua, adding a colorful page to the nations’ early history.
In 1519 the conquistador Cortes looted and butchered his way through the Mayan Empire of Mexico and sent back to Spain ship loads of gold and silver, spreading tales of untold riches more. Conquistadors, professional soldiers spawned in the incessant European warfare of the era, would respond in waves. Men like Cordoba, Alvarado, and Pizarro would wreak havoc on centuries-old new world native civilizations. The accumulated riches of the Indian nations were plundered and their populations decimated. In Nicaragua, the four indigenous tribes -the Chorotega, Nahua, Maribios and Chontlal- numbered 700,000 at the time of Spanish contact in 1522. Twenty six years later, only 35,000 remained. Survivors were enslaved in gold and silver mines or plantations to provide a steady stream of wealth. Within a hundred years of Columbus’ 1492 voyage, an empire larger than Europe, called the Spanish Main, would span a crescent from Florida to Peru. (more…)
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Real Estate: Remodeling a Granada Colonial Part II: Breaking Ground
by David Seiter
With plans in hand and everybody’s approval, you’ve got two options to make your blueprints reality: hire a builder/contractor or do it yourself with the help of a maestro de obras (foreman) and a consulting architect to stop by the workplace weekly to oversee the progress. Besides the obvious time and financial considerations, the decision depends on your understanding of the day-to-day machinations of contracting.
Many inexperienced people will opt to hire a contractor, but don’t make the mistake of being an absentee owner. The nightmarish tales of things being done completely wrong or not at all continue to pile up. The biggest single mistake people make is trying to manage the process from afar.
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Tags: absentee owner, architect, Between, blueprints, colonial, david seiter, english speaking, granada, magazine, nicaragua, real estate, the, Waves
Business: Thinking of setting up shop in Nicaragua?
by J. Hanson
When H.C. Kang arrived in Mexico to start up operations for a Korean textile firm, his first move was to get help from the government agency charged with helping foreign investors. Three years later, when he was hired to check out Central America for the US-based Popular Textiles, he tried to find the Nicaraguan equivalent. He couldn’t find one. He came to Nicaragua anyway, at the invitation of a Zona Franca industrial park developer. But by the time Kang’s plane landed in Managua, the developer’s project had been put on hold. Despairing of what to do with his guests, the would-be developer dropped them off at the office of ProNicaragua, an investment promotion agency, bringing Kang right to the door of the agency for which he had been looking.
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Tags: Between, Business, foreign investors, government agency, investment promotion agency, j. hanson, magazine, nicaragua, textiles, the, Waves, zona franca
Culture: Take me out to the ballgame
by Carl Slugger
The traveler experiencing Nicaraguan culture encounters endless paradoxes. The cathedral dominates every town square, but the disco a block away features dance styles based on stimulated sex, for example. Or the keen Latin sense of honor in nations governed by systems of chicanery. Nicas are a laid back, take come-what-may people-who produce prize fighters who can take your head off.
If you’re familiar with baseball, take in a Nicaraguan game to experience one more paradox. A game that was called the leisure pastime, Nica style. Try Masayas’ Estadio Roberto Clemente, a brick and masonry piece of nostalgia reminiscent of the old style American stadiums Wrigley Field or Fenway Park, set on the rim of Laguna Masaya with a sweeping view of the lake. The stadium is divided into three sections. The center section, behind home plate, is the most expensive (less than $2). The right field line bench seating is for the fans of the home team, left for visitors. Each of the sections is divided by fences and barbed-wire to prevent clashes between opposing fans. In some parks the visitor’s bus is in a fenced-off area. In the past, fans have overturned and burned buses if the home team lost the game.
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Tags: baseball, Between, carl slugger, culture, fenway park, magazine, nicaragua, pastime, roberto clemente, the, Waves, wrigley field
Activity: Canopy Tour - View From The Treetops
by Charles Munkee
Would you like to see the tropical forests from the tree tops the way the monkeys do and swing through the jungle like Tarzan? Or fly through the forest like an eagle, all without breaking your neck? Take a canopy tour. You might even get to see a monkey, or all other manner of wildlife.
Originating in Costa Rica ten years ago, the idea is simplicity itself. The participant is first suited in a repelling harness, which straps around the waist and thighs and given a pair of leather gloves. After a lecture on procedures by the guides, the participant climbs a ladder to a fiber glass platform suspended by steel cables about 15 meters up in a large tree. A rope hangs along the length of the ladder, which the participant is connected to with a fall arrester. Once you reach the platform, you are hooked to a rope running around the platform. In other words, you couldn’t hit the ground if you tried to jump. From that platform there is a steel cable or nylon rope, called zip lines, strung to another platform in another stout tree down hill. The participant’s repelling harness is hooked to a pulley wheel on top of the cable. Sit down, let the cable take your weight, push off and let gravity do the rest. Maximum acceleration is about seven meters a second.
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Tags: Activity, Between, canopy tour, charles munkee, magazine, maximum acceleration, nicaragua, nylon rope, steel cable, tarzan, the, tree tops, tropical forests, Waves
Commentary: Betty The Virgin Of The Martillo
by James Spencer
As a writer and journalist I have been told many stories about Nicaragua. I am sure that at least one of them must be true. This is the sad story of mass delusion, not to mention quite a few serious headaches.
Jose Gomez was a young brick-builder. He lived with his wife Anna and eight children in a small shack on the edge of Santa Maria. Jose’s basic tools were a small trowel and a medium sized ball pein hammer. The hammer features prominently in this story, so let me relate how Jose came into possession of this wonderful Sears Craftsman tool. One day as the evening sun was setting low in the sky, Jose left work and was cycling home. Suddenly he glimpsed something bright glinting in the grass at the side of the road. He stopped and there amidst the grass was a beautiful, bright -straight from the factory- Sears Craftsman hammer. Jose couldn’t believe his luck. It was like a gift from heaven.
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Tags: Between, Commentary, headaches, james spencer, magazine, nicaragua, the, Waves
Travel: Laid Back Beach Getaway
by John Edward Longhi
To buy my dinner for the evening, I walked down to the edge of the beach. Fisherman carried their morning catch into the market or sold it straight from their boats. When the marketing was concluded, helpers removed the large outboard engines from boats and, using large logs, rolled the “pangas” onto the sand. The villagers chatted with the fishermen and peered into the containers of sea bass, mackerel and red snapper.
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Tags: Between, Casares, fishing, La Boquita, magazine, nicaragua, relaxing, the, Travel, Waves