Loading ...Attack on Gold
Accountable for his continued attacks on human rights and democracy in the Central American country as well his continued security cooperation with Russia.
The Biden administration is ratcheting up pressure on President Daniel Ortega’s authoritarian rule in Nicaragua, threatening a ban on Americans from doing business in the nation’s gold industry,
The Biden administration’s targeting of the gold industry could sap Ortega’s government of one of its biggest sources of revenue. Gold was the country’s largest export in 2020 and the country, already the largest producer of the precious metal in Central America, is looking to double output in the next five years.