Google News January 30, 2022

[Little Corn Tom]

	Nicaragua Daily update ⋅ January 31, 2023
	NEWS
	Exiled priest says bishop on trial in Nicaragua created secret human rights office Catholic News Agency Exiled Nicaraguan priest Uriel Vallejos recounted how the bishop of Matagalpa, Rolando Álvarez, who has been held under house arrest since Aug. Flag as irrelevant
	Indigenous communities threatened as deforestation rises in Nicaraguan reserves Mongabay Nicaragua's Bosawás and Indio Maíz biosphere reserves both experienced deforestation at the hands of illegal loggers, miners and cattle ranchers ... Flag as irrelevant
	DHS chief: Cuba, Venezuela, Haiti and Nicaragua border arrivals fell nearly 90% - Axios Axios By the numbers: Preliminary numbers from January released last week indicate that "encounters of Cubans, Haitians, Nicaraguans, and Venezuelans ... Flag as irrelevant
	Priests Ordained in Nicaragua are Asked to Leave : - Tico Times Tico Times Foreign priests ordained in the Managua Seminary have asked to leave for their countries, which “undermines” the work of the Church in Nicaragua, ... Flag as irrelevant
	Tim Kaine Raises Concern About Russia's Military Activity In Nicaragua & Surrounding Areas YouTube During a Senate Foreign Affairs committee hearing last week, Sen. Tim Kaine (D-VA) questioned witnesses about countering Russian aggression. Flag as irrelevant
	2 Cuban sisters' 4,200-mile journey to the US and a new life | AP News AP News HAVANA (AP) — The Rolo González sisters walked out of Nicaragua's main airport and peered out onto a sea of young men. Flag as irrelevant
	Reduction of the fixed rate of the exchange of Cordobas with respect to the US dollar Lexology On January 23, 2023, the Central Bank of Nicaragua ("BCN") announced that its Board of Directors approved the reduction of the current fixed rate ... Flag as irrelevant
	Political prisoners in Nicaragua: three young opponents were sentenced to 8 and 10 years in prison The Times Hub The young university students were detained for a search by soldiers of the Nicaraguan Army and later “were transferred to a military base in Managua, ... Flag as irrelevant
	Comrades - Havana Times Havana Times Havana Times needs your help! ← La Libertad St., Granada, Nicaragua – Foto del día ... Mistreatment of Workers in Nicaragua's Free Trade Zones ... Flag as irrelevant
	Nicaragua: Priests, laymen held in 'torture centre' after sham trials | ICN - Independent Catholic News Independent Catholic News A Nicaraguan judge found four Roman Catholic priests, two seminarians and a church cameraman guilty of conspiracy against the state in a trial ... Flag as irrelevant
	WEB
	Nicaragua Minitheme | Google Slides & PowerPoint - Slidesgo Slidesgo We are going to tell you 5 facts about Nicaragua! It is the largest country in Central America and its capital is Managua.

[bill_bly_ca]

The summary of 2022 remittances put the increase at 50.2% YoY

The bit on EL19 did not actually state the 2022 numbers for remittance as a portion of GDP, but if the 17% in 2021 was correct this means that almost 1 in 4 dollars of GDP in now remittance based.

[el duende grande]

An industry is born!
Dis ain't Singapore...

[KeyWestPirate]

The summary of 2022 remittances put the increase at 50.2% YoY

The bit on EL19 did not actually state the 2022 numbers for remittance as a portion of GDP, but if the 17% in 2021 was correct this means that almost 1 in 4 dollars of GDP in now remittance based.

The nice part of it,, at least so far,, is the money reaches the recipient without anything taken off the top.

The WU agents make out like bandits,,
as they claim that the recipient has to take half in Cordobas,, as they don't have enough dollars.
Typically they will offer half in dollars and half in Cordobas

Then,, they make more on converting the dollars to Cordobas than they make on the money transfer.
The exchange rate they offer is not horrible,, just not the best,, and they pocket a Cordoba for every dollar exchanged.

The migrants who were making the journey mojado didn't have the necessary documents to receive WU in Mexico.
But there was always someone who would receive the transfer for a piece.


An awful lot of people must have lost a great living when the migrants quit coming overland.