TRADE WARS
Police block farmers' protest against planned Nicaragua canal
By Blanca MOREL
Juigalpa, Nicaragua (AFP) April 23, 2017


Police in Nicaragua on Saturday blocked thousands of farmers and rural residents from holding a march against a government plan to build a canal across the country, potentially carving up their land.

"They are closing off all the roads. It's pitiful what's happening in Nicaragua," said one of the leaders of the demonstration, Francisca Ramirez.

Police preventing buses and trucks carrying protesters from converging in the town of Juigalpa, east of the capital Managua, said the demonstration was illegal.

A police statement said officers faced down "groups of people behaving with hostility, armed with clubs, machetes, rocks and firearms."

A lawyer for the protesters, Monica Lopez, said 20 of them were temporarily detained, but police did not confirm that.

The farmers are angry that President Daniel Ortega in 2013 organized for a Chinese consortium, HKND, to build the $50 billion canal in return for a concession to run it for at least 50 years.

"Ortega: thief, traitor, selling our country," yelled the protesters.

"I'm afraid they will take my land away," said one of them, Adolfo Jarquin, 56, who owns more than 100 hectares (245 acres).

Many of them have found it impossible to obtain bank loans, and municipal works along the canal's path have come to a standstill, Ramirez said.

An opposition politician at the protest, Henry Ruiz, told AFP the canal was an "unconditional handover" of Nicaraguan land.

The plan calls for between 30,000 and 120,000 rural inhabitants along its 276-kilometer (171-mile) length to be displaced and land to be expropriated.

The canal is meant to rival the century-old Panama Canal. Thus far there has been no excavation, however, despite HKND saying it was meant to start at the end of last year.

Foreign observers in the country are skeptical about whether it will go ahead.

Iran, which has good relations with Nicaragua, has said it wants to participate in the project.

TRADE WARS
Trump invokes national security to probe US steel imports
Washington (AFP) April 20, 2017
President Donald Trump on Thursday invoked national security to order a probe into US steel imports - a move that risks trade blowback from steel-making giant China. "Steel is critical to both our economy and our military. This is not an area where we can afford to become dependent on foreign countries," he said after signing a memorandum ordering the Commerce Department to launch the inves ... read more

Related Links
Global Trade News

Comment using your Disqus, Facebook, Google or Twitter login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

TRADE WARS
U.S. emissions generally lower last year

World Bank urges more investment for developing global electricity

US states begin legal action on Trump energy delay

Program to be axed saves energy in LA buildings

TRADE WARS
Electrochemical performance of lithium-ion capacitors

Stanford scientist's new approach may accelerate design of high-power batteries

Making batteries from waste glass bottles

NYSERDA Announces $15.5 Million Available for Energy Storage Projects to Support the Electric Grid

TRADE WARS
Norwegian company envisions wind energy role for oil production

Oklahoma to end tax credits for wind energy

German power company examining new wind energy options.

Canada sees emerging role for wind energy

TRADE WARS
Indian Space Agency Comes Up With an App Indicating Solar Power Potential

Ancala and Anesco deploy large scale battery at UK solar farm

Light can improve perovskite solar cell performance

Scientist invents way to trigger artificial photosynthesis to clean air

TRADE WARS
Andra continues Areva contract to operate its Aube Surface Disposal Facility

Court deals setback to South Africa's nuclear ambitions

The critical importance of Predictive Power when building NPPs

AREVA NP Signs Contract for Outage Services at Farley Nuclear Generating Station

TRADE WARS
Degradable electronic components created from corn starch

Towards more efficient biofuels by making oil from algae

Algal residue - an alternative carbon resource for pharmaceuticals and polyesters

For Palestinian family, an udder-ly unique power source

TRADE WARS
Baker Hughes sees chance of mid-2017 rebound

Amid reshuffling, Africa-focused Tullow Oil ready to grow

New oil work on tap for offshore Senegal

Volatility concerns bruise crude oil prices

TRADE WARS
In Washington, the economic world meets Trump climate skepticism

Proposed cuts in US climate science reverberate worldwide

UK Space Agency and CNES join forces to curb climate change

In new paper, scientists explain climate change using before and after photographic evidence