meta_pixel
Tapesearch Logo
Log in
Business Daily

Welcome to Nicaragua

Business Daily

BBC

Business

4.4816 Ratings

🗓️ 3 August 2018

⏱️ 17 minutes

🧾️ Download transcript

Summary

How is political turmoil hitting tourism and the economy in Nicaragua, and where will it all end?

President Daniel Ortega has faced months of mass protests, which have been met with violence by pro-government paramilitary groups, resulting in some 275 deaths. The president has also lost the support of much of the business community.

Caitlin Pierce reports from the troubled country on how the once-booming tourism sector is coping. And back in London, Ed Butler speaks to Manuela Orozco of think tank Inter-American Dialogue, and to Nicaraguan opposition leader Juan Sebastian Chamorro.

(Picture: A student wearing a gas mask marches demanding the resignation of President Ortega; Credit: Marvin Recinos/AFP/Getty Images)

Transcript

Click on a timestamp to play from that location

0:00.0

Hello, I'm Ed Butler and welcome to Business Daily from the BBC.

0:08.4

Today we're examining the nightmare of violence that's plaguing Nicaragua.

0:13.1

Two weeks ago, paramilitary people at the service of the government,

0:18.4

open fire to church for 15 hours, live ammunition, snipers, AK-47.

0:25.3

But why is Nicaragua in such turmoil? Who's involved? How's the economy coping? And where will it end?

0:32.2

That's today's Business Daily from the BBC.

0:46.6

Hey, hey! Look at me! Daily from the BBC. What is happening in Nicaragua these days?

0:56.1

That's the sound of tear gas smoke bombs and live rounds being fired at a protest in Nicaragua's capital back in April this year. Confrontations like this one between anti-government

1:02.1

protesters and the security forces of President Daniel Ortega have become commonplace over the last

1:07.8

four months. Three hundred people or more have died.

1:11.6

Overwhelmingly, victims of gunshot wounds fired by masked pro-government paramilitaries.

1:17.8

Manuel Orozco, a senior fellow at the think tank, Inter-American Dialogue,

1:22.5

told me the violence had fled after low-level protests were met with brute force by the government earlier this year.

1:29.8

Growing intolerance started basically right after the last election of Daniel Ortega in November 2016.

1:37.4

From that point on, the population expressed a lot of disappointment and discontent over the way Ortega got elected.

1:46.6

He delegitimated a political party, basically, won with 70% of the vote.

1:53.1

And the threats of the government to sanction and censor the media, particularly social media, followed then by discontent over changes in the

2:05.7

social security support to the elderly in April 19. And now it's a nationwide protest.

2:13.9

Yes, I mean, it's interesting that changes to social security for pensioners.

2:19.2

It's not normally something that triggers an anti-establishment wave, but that is what we have seen.

2:25.4

What has the government's response been to these growing protests since February and March?

2:31.2

The response of the government has been increasingly negative

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from BBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of BBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.