Word: sandinistas
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NICARAGUA. Though it sent tremors through the rest of the region, the Sandinista-led revolution has brought a measure of uneasy stability at home. The collective Sandinista leadership, whose ranks include a number of self-proclaimed Marxists, has so far avoided the radical lurch to the left that its critics feared. The revolution that toppled Somoza was followed by no mass executions...
...ours, and if you suffer aggression, we will fight on your side." With that message of revolutionary solidarity, Yasser Arafat last week opened the new mission of the Palestine Liberation Organization in the Nicaraguan capital of Managua. By giving the P.L.O. its first diplomatic representation in Central America, the Sandinistas were in a sense repaying Arafat for having supported their struggle against former Nicaraguan Dictator Anastasio Somoza. Throughout the weeklong celebrations marking the first anniversary of the Sandinista victory, the P.L.O. leader was given an enthusiastic reception. Everywhere he turned in Managua, he found his grinning face plastered on posters...
Thus far no leftist strongman has emerged. The country is governed by a nine-member Sandinista directorate, which wields effective power, and a five-member junta, which acts as an administrative board. The junta includes leftists, moderates and representatives of the private sector. The government upholds political pluralism, as well as freedom of speech and the press. Its apparent economic ideal is a combination of socialism and free enterprise. The Sandinistas have nationalized banks, insurance companies and the fishing industry, and taken over some 2.5 million acres of the country's arable farm land from Somoza and his cronies...
...ultimate survival of the Sandinista regime depends on its ability to avoid a political rift between the leftists and the private sector. One potential crisis flared up last April following the abrupt resignations of two moderate junta members. Their departure was widely seen as a sign of an imminent leftward shift in the national leadership. But the government restored confidence by appointing two moderate replacements...
...million loan to Anastasio Somoza's government in Nicaragua to aid his resistence to Sandinistan insurgents. The U.S. voted in favor of the loan. Somoza fled Nicaragua seven weeks later, looting the treasury as he left. At last report the IMF was trying to collect the loan--from the Sandinista government...