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Nicaragua Slashes Budget Because of Unrest

Nicaragua's National Assembly on Tuesday approved a drastic cut to the national budget because of the economic impact of months of anti-government unrest. The lawmakers adopted a 9.2 percent reduction of the 2018 budget, projecting $180 million less in spending to partly make up for a drop of $220 million in government income. It was the steepest cut seen in the past 11 years that President Daniel Ortega has been in power. The minister for finance and public credit, Ivan...

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