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Most of the criticism, however, seems to indicate an underlying lack of confidence and trust in the government. There are many who remember the first Sandinista government's inventive monetary policies and the resulting mega-inflation of the 1980s. As a result, some people are now treating the new plastic dinero as if it were a hot potato. "Many people don't want these bills because they think they are valueless and they're going to get stuck with them, so they're spending them as fast as they can," says clothing vendor Fabiola Espinoza. It has unintentionally created...

Author: /time Magazine | Title: For Nicaraguans, New Currency Is a Hot Potato | 5/23/2009 | See Source »

Instead, government officials have responded in what has become the Sandinistas' standard reaction to criticism: triumphalism mixed with personal attacks. Sandinista lawmakers have accused Navarro of "economic terrorism" for questioning the bills' legality, and Central Bank president Antenor Rosales dismissed the criticism as the complaints of rich people "who are more accustomed to using debit cards and checks and don't care about the people." Said Rosales, "The Central Bank is profoundly satisfied with the excellent reception that the bills have had with the Nicaraguan population. Everywhere in Nicaragua the bills are being used...

Author: /time Magazine | Title: For Nicaraguans, New Currency Is a Hot Potato | 5/23/2009 | See Source »

...Managua Mayoral Vote Causes Chaos The contested outcome of Nov. 9's mayoral elections has sparked violent clashes in Nicaragua's capital, with supporters of President Daniel Ortega's victorious Sandinista Party hurling rocks, blocking roads and firing homemade mortars at demonstrators gathered to denounce alleged voter fraud. The opposition, led by Ortega's 2006 election rival, Eduardo Montealegre, vowed to continue its protests while appealing to international observers. The U.S. State Department and a U.S.-based election-monitoring group have expressed concern over reports of voting irregularities...

Author: /time Magazine | Title: The World | 11/20/2008 | See Source »

...Murillo tried to give life to her new feminist vision through the unveiling of a new women's movement, "The Blanca Arauz Movement for the Dignity of Women's Rights," named after the wife of Sandinista namesake Augusto Sandino. The movement, which materialized overnight, is made up of Sandinista activists who profess their solidarity with "our sister, Rosario Murillo" and denounce other feminist groups critical of Ortega. The "Blanca Arauz" movement recently tried to legitimize itself by requesting a meeting with other feminist organizations in El Salvador, but there wasn't interest in networking with Murillo's group...

Author: /time Magazine | Title: President Ortega vs. the Feminists | 10/16/2008 | See Source »

...Sandinista inquisition is escalating from threats to actions. Last Friday, state prosecutors and police raided the central office of the Autonomous Women's Movement (MAM) and another local NGO that has helped finance the feminist movement and removed all the files, computers and bookkeeping from their offices, in what Public Prosecutor Armando Juarez called a raid to "find evidence" to mount a case against them. The local opposition press denounced the raid as a "Gestapo" tactic, and women's rights activists from across Latin America released a joint statement from Guatemala denouncing the Ortega government's "institutionalized misogynism" and "campaign...

Author: /time Magazine | Title: President Ortega vs. the Feminists | 10/16/2008 | See Source »

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