Nicaragua: General Minimum Wage Up 9%Thursday, January 21, 2016 Through a tripartite agreement an adjustment to the minimum wages in all sectors was established at 9% , and 8% for SMEs. The announcement made by the Ortega administration, in agreement with unions and the business sector, establishes an increase of 9% starting from this year. Nicaragua to lose aid from Britain and GermanyFriday, May 2, 2008 The German embassy in Managua and Britain's Department for International Development announced the withdrawal of aid for Nicaragua as of next year. Representatives of both countries emphasized that the decision forms part of changes in their general policies concerning aid, and has nothing to do with Nicaragua in particular. Results of the Elections in Costa RicaMonday, February 8, 2010 Laura Chinchilla, from “Liberación Nacional”, the party in power, was elected as president for the 2010-2014 term. Chinchilla obtained 46.8% of the casted votes, followed by Ottón Solís with 25.1%. However, Costa Ricans didn’t favored Chinchilla so much in the Legislative Assembly, as her party obtained 23 seats out of a total 57. In her acceptance speech, Chinchilla anticipated that “her goal is now clear: negotiating with the rest of the participants”. Nicaraguans go to the polls this Sunday to elect new MayorsFriday, November 7, 2008 In the midst of a political polarization the elections have come to be about the Sandinista President, Daniel Ortega. Almost 4 million Nicaraguans are eligible to vote this Sunday to elect almost 3400 officials, including Mayors, Deputy Mayors, among many others from 5 different parties. It is expected to come down to the major parties Partido Liberal Constitucionalista (PLC, right) and Frente Sandinista de Liberación Nacional (FSLN, left). Nicaragua: Building Sector Wage IncreasesMonday, May 2, 2011 Construction workers will start to receive an 8% salary increase starting from May. A report in El Nuevo Diario notes: "The agreement, signed by trade unionists and representatives of the Chamber of Construction and the Ministry of Labor, states that from May the hourly wage rose to $1.14, but after the first October this year there will be a 7% wage increase making the total $1.22 an hour. " European Union hints at sweet deal on tradeFriday, April 18, 2008 The European Union might be willing to apply trade concessions to Central America under the enhanced Generalized System of Preferences (GSP-Plus), giving the region the equivalent of most-favored nation status. The possibility arose during talks between the two blocs. Rupert Schlegelmilch, the EU's chief trade negotiator, told reporters that he well understood Central America's wish to apply GSP-Plus, which is designed for the world's most vulnerable nations. Nicaraguan Electoral Tribunal reviews election resultsThursday, November 13, 2008 The Electoral Tribunal carried out the review of the voting in Managua with contradictory versions about the physical presence of the opposition. There was an air of uncertainty on Thursday in Nicaragua, after a round of violence that erupted when the opposition refused to accept the tribunals decision to only review the municipal polls on Sunday in Managua, and without independent observers. Nicaragua: State Council instead of National AssemblyThursday, May 27, 2010 President Ortega asked businessmen for their support to change the political parties system, turning to a institutional scheme similar to the one used in the 80s. According to Bayardo Arce, Economic Matters Advisor for the Presidency, President Daniel Ortega told businessmen at a meeting in INCAE that “if the Cosep (Superior Private Company Council) supports him, he is willing to dissolve the Legislative Assembly and organize a legislation with representatives from all the sectors of society, as it was done with the State Council”. Central American Integration is a Matter of Political WillTuesday, October 8, 2013 Political parties are not interested in the subject because it is not profitable electorally or because they believe their country will lose sovereignty. So says Richard Aitkenhead, president of Grupo Inversiones y Desarrollo de Centroamérica (IDC) during a meeting organized under the framework of the Second Support Program for Regional Integration (PAIRCA II). Nicaragua: Minimum Wage Rises 4.5%Friday, August 19, 2016 On September 1 a second increase of 4.5% will come into effect as agreed earlier this year in negotiations between the government, unions and employers. With the 4.5% increase the minimum wage will be $180.7 a figure that will be maintained until March 2017, when the members of the Tripartite Minimum Wage Committee will meet again. Nicaragua Makes Changes to Tax Contributors RegisterFriday, September 24, 2010 From 1 October the number of digits stored in the Register of Unique Contributors (RUC) will increase from 10 to 14. This date marks the coming into force of the new regulation to which all of Nicaragua's largest contributors need to comply. Rise in Minimum Wage Goes Ahead Despite CrisisMonday, August 27, 2018 In the midst of Nicaragua's delicate economic situation, the government has announced that the 5.2% increase in the minimum wage agreed in March will come into effect on September 1. Official media reported that the National Minimum Wage Commission ratified the agreements reached in March 2018, and from September 1 the new salaries will enter into force. Company Profile Organization that operates in Costa Rica, El Salvador, Guatemala, Nicaragua and Panama.
Opposition does not have the votes to annul municipal elections in NicaraguaMonday, December 1, 2008 Lawmaker Guillermo Osorno Molina expressed his complete opposition to the initiative, making it impossible to get the 47 votes that are needed. Osorno, president of the Nicaraguan Christian Walk (CCN) party, argued that the Legislative Branch does not have the authority to cancel municipal elections. Alternation in Power: Oxygen for DemocracyMonday, May 25, 2009 The transition process of the Salvadoran government is proving that alternation of power contributes to sound political practices. Observable facts in the current transition process between the government of the outgoing ARENA party and the incoming FMLN party, are positive signs up until now and differ sharply from other transitions. |
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