The history of capitalism in Nicaragua
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- Citizens protest Spanish company's hike
in electricity rates
- Nicaragua Network Hotline, 3 December
2001. Union Fenosa, the Spanish company that recently took
over electrical power distribution under the Aleman
government's privatization drive, has announced a
15-30% hike in prices for electricity services.
- Gas/Petroleum Exploitation Close But
‘Not Necessarily a Blessing’
- Nicaragua Network Hotline, 3 February
2003. Four US companies made bids for petroleum
exploration, but rarely are the benefits shared equably
among the whole population; most of the profits are
skimmed off by transnational companies with little
commitment to the well-being of their source
countries.
- Medicines Set to Rise by 15%
- Nicaragua Network Hotline, 23 August
2004. From the end of this month, most commonly prescribed
medicines will suffer a steep rise in their price as
national drug manufacturing and distribution companies
claimed they had to make up for the constant and
continuing devaluation of the Nicaraguan csrdoba against
the US dollar.