Nicaragua has changed its constitution and will
allow Daniel Ortega to run for his third consecutive term. In addition, they
also eliminated the requirement for a candidate to receive at least 35 percent
of the vote in order to wing presidential elections. They gave the president
the power to issue decrees without the congress approval. The army will be allowed
to help draft laws governing the country’s national records, computer databases,
and telecommunications. All these changes are a big red flag for dictatorship.
Nevertheless, the president Ortega is working with many Nicaragua’s business
elite and the International Monetary Fund. Nicaragua will be building a $40
billion canal. It will be three times the length of the Panama Canal and
largest infrastructure in project in the world. It will start next year and
will be build by Wang Jing, a Chinese telecommunications billionaire.
The canal
will permit new cargo ships that currently can not go through the Panama Canal.
It is said that besides the canal, there will be the construction of two
airports, a pipeline, and a railroad.If these entire infrastructures were to be
builded, it would facilitate transportation since trades are increasing
rapidly. However, with the changes in the government it will be interesting how
they would manage the canal. They might give preference to other countries
whose government is left wing as well.
No comments:
Post a Comment