The next 48 hours are expected to be some of the most critical in the ongoing civil unrest in Nicaragua against President Daniel Ortega. While the country is bracing for a one-day national strike, word has come from a group of Nicaragua’s Roman Catholic Bishops that they are set to resume a new round of mediation […]
Cigar News: National Labor Strike Called for Thursday in Nicaragua
Leaders from Nicaragua’s business community have called for a national strike in the country for Thursday, June 14th, 2018. It’s the latest development in the protest movement against Nicaraguan President Daniel Ortega that has resulted in serious political unrest in Nicaragua. The purpose of the strike is to force Ortega back to the negotiations with the […]
Cigar News: Unrest in Nicaragua Intensifies
The civil unrest in Nicaragua has intensified, and the cigar industry has been seeing greater effects on its business. Since our last report, a series of events has many in the cigar industry quite concerned on what the next few weeks will hold. As we reported a couple of weeks ago, blockades along the Pan […]
Feature Story: How the Nicaraguan Crisis Could Impact the Premium Cigar Industry
During the past month, Nicaragua has experienced its greatest political crisis since the Revolution. The unrest was initially spawned by protests beginning when the government announced it was mandating an increase in contributions by both employees and employers to the country’s social security system while reducing overall benefits. This resulted in a heavy-handed response by […]
Cigar News: Pan American Highway Blockades Impacting Nicaragua
Over the past week, a series of blockades on key highways in Nicaragua has started to occur. These blockades are a result of on-going protests in Nicaragua going on against President Daniel Ortega’s government. Perhaps of most interest to those who cover the cigar industry is a blockade that is now occurring on the Pan […]
Cigar News: Nicaragua Rescinds Controversial Pension Plan Changes But Questions on More Unrest Remain
‘ Nicaraguan President Daniel Ortega announced that the resolutions to change Nicaragua’s pension plan, which triggered widespread protests and violence throughout Nicaragua, have been revoked. Whether this latest action will bring an end to the recent protests and acts of violence is still to be determined. The protests started after Nicaragua’s National Social Security Institute […]
Cigar News: Nicaraguan Protests Spread Into Estelí
A series of protests in Nicaragua that have turned violent has reached the city of Estelí. Telenorte, a news agency covering the city of Estelí, has reported that two university students were killed during the protests. Estelí is the epicenter of the Nicaraguan cigar industry. The protests started after Nicaragua’s National Social Security Institute (INSS) […]