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Nicaragua’s Economy “Weathers Multiple Shocks,” including US Attacks
The International Monetary Fund’s new assessment of Nicaragua’s economy labels it as “strong” no fewer than 56 times. But it also shows how key factors in the country’s growing prosperity – export earnings, trade relations and remittances (money sent by Nicaraguans living abroad) are vulnerable to US attacks. The IMF points out that US sanctions – more appropriately known as unilateral coercive measures – have severely restricted the help the country gets from multilateral bodies like the World Bank. [...]