- published: 07 Mar 2014
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Several initiatives have been implemented to connect isolated communities.
The Nicaraguan alternative to the Panama Canal will be a waterway connecting the Atlantic and the Pacific oceans and is to be the most ambitious construction project in Latin America. On Monday Nicaragua officially began work on a canal which will be a competitor to the Panama Canal 600 kilometers south. The Nicaragua canal will be capable of handling the super-heavy class ships with the capacity of up to 400,000 tons. It will be 278 kilometers long and 30 meters deep, which makes it wider and deeper that the century old Panama Canal. It is expected to be completed and operational by 2019. The canal will reduce the cost of transporting goods via sea between America, Europe and Asia by about 30 percent. Experts believe it will be able to handle more than 5,000 high tonnage vessels a year....
US telecom giant AT&T has announced it us buying Time Warner for $85bn in what could be one of the biggest ever media mergers. The deal still needs the approval of regulators, who may block it if they decide it is bad for consumers. Al Jazeera's Victoria Gatenby explains. - Subscribe to our channel: http://aje.io/AJSubscribe - Follow us on Twitter: https://twitter.com/AJEnglish - Find us on Facebook: https://www.facebook.com/aljazeera - Check our website: http://www.aljazeera.com/
Oct. 2 -- The Chinese billionaire using his personal fortune to help fund a $50 billion Nicaraguan challenger to the Panama Canal has crashed into the bitter reality of equity markets in the world’s second-largest economy. Bloomberg's Blake Schmidt reports on "Bloomberg Markets." -- Subscribe to Bloomberg on YouTube: http://www.youtube.com/Bloomberg Bloomberg Television offers extensive coverage and analysis of international business news and stories of global importance. It is available in more than 310 million households worldwide and reaches the most affluent and influential viewers in terms of household income, asset value and education levels. With production hubs in London, New York and Hong Kong, the network provides 24-hour continuous coverage of the people, companies and ideas ...
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"The AP is reporting that a Nicaraguan diplomat was found dead today before the UN General Assembly's annual meeting. His driver, who came to pick him up for the meeting at 10:35am, found Cesar Mercado with his throat slashed in his Bronx apartment. Police reported that a knife was found on the floor beside Mercado. Authorities are investigating a possible motive, though no suspects were immediately identified. Leaders from 192 nations were in town for the General Assembly."
Procedimiento de mantenimiento de tendido de fibra optica para CLARO de Nicaragua. Mantenimiento de red de fibra óptica en el país, aérea, subterránea y submarina, supervisión de instalaciones y trabajos de planta interna. Restauración del Servicio en menos de 6 horas en cualquier sitio de los 2,000 KM de Fibra Óptica instalada.
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To build the canal, Nicaragua turned to a Hong Kong firm run by Chairman and CEO Wang Jing, who is also the Chairman and CEO of China's Xinwei Telecom Enterprise Group. The Heat interviewed Jia Xiudong, a senior research fellow at the China Institute of International Studies about the Chinese company's work on the canal.
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Through PRONicaragua's biweekly News Update, we're looking to share with you the latest developments in Nicaragua regarding business, the economy and investments, as well as other topics of interest. Here are the most recent news about Nicaragua.
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Windmills designed to generate power for future generations. Nicaragua needs to turn to alternative energy. The country has successfully put an end to rolling blackouts that frequently left the country without power for hours but the government is struggling to pay energy costs. Oil prices have peaked at more than $147 during the last year. Nearly 80 percent of the oil Nicaragua consumes is provided at a discount by Venezuela. President Hugo Chavez is a close ally of the Nicaraguan leader Daniel Ortega. Now energy-starved Nicaragua is turning to wind as it tries to reduce its dependency on oil-based power. In 2008 the country began operating 19 windmills. It s part of Nicaragua s efforts to reduce its dependence on oil-based energy to just 3 percent by 2013. The 126-metre 410-feet high...