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U.S Pushes for Regime Change Over Gold in Nicaragua

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U.S Pushes for Regime Change Over Gold in Nicaragua

The Biden administration is increasing pressure on the President of Nicaragua, Daniel Ortega, after he imposed a ban on Americans doing business in the country’s US$1bn gold industry.

Ortega’s actions result from an executive order signed by President Joe Biden on Monday in an attempt by the United States to hold the President of Nicaragua accountable for his alleged attacks on human rights and democracy in Central America as his continued security cooperation with Russia.

Previous penalties targeted Ortega, his wife and vice president, Rosario Murillo, and members of their family and personal circle. But none of these initiatives have weakened Ortega’s grip on power.

Despite global outrage over President Daniel Ortega’s tyranny, Nicaragua’s gold mining industry is expected to hit a key milestone next year, with exports expected to reach $1 billion.

The new executive order expands on a Trump-era edict that declared Ortega’s hijacking of democratic principles, undermining the rule of law, and using political violence against opponents to threaten U.S. national security.

Nicaragua’s gold industry and Americans

With the Treasury Department’s concurrent suspension of Nicaragua’s General Directorate of Mines, the ruling effectively makes doing business with Nicaragua’s gold industry illegal for Americans.

It’s the first time the United States has designated a specific sector of the economy as potentially off-limits, and it could be expanded in the future to cover other industries seen to fill the government’s coffers.

The executive order also prepared the way for the United States to restrict investment and trade with Nicaragua, a move reminiscent of the severe embargo imposed by the United States in the 1980s following the country’s terrible civil war.

“The Ortega-Murillo regime’s ongoing attacks on democratic actors and members of civil society, as well as the illegal incarceration of political prisoners,” said Under Secretary of the Treasury for Terrorism and Financial Intelligence Brian E. Nelson.

“We have the ability and will utilize every weapon at our disposal to deny the Ortega-Murillo government the resources it needs to dismantle democratic institutions.”

Murillo did not specifically reference the extended U.S. sanctions in her daily statements to official media on Monday, but she did say that Nicaraguans are “defenders of national sovereignty.”

She also read a letter from Ortega congratulating China President Xi Jinping on his re-election as leader of the ruling Communist Party on Sunday, in which Ortega questioned the West’s “aggressive imperial aspirations.”

Nicaraguans flooding Over US Border

Monday’s action might herald the start of a fresh offensive aimed at the broader economy, which the Biden administration has been hesitant to embrace for fear of exacerbating the country’s problems and sparking more migration.

U.S. border officials encountered Nicaraguans over 164,000 times at the southwest border during the fiscal year that ended in September, more than tripling the previous year’s total.

Simultaneously, frustrations in Washington have grown over Nicaragua’s business elites’ mainly muted response to Ortega’s crackdown.

The Biden administration’s targeting of the gold industry might deprive Ortega’s government of one of its most important funding sources. Gold was the country’s greatest export in 2020, and the country, which is currently Central America’s top producer of gold, plans to increase output in the next five years.

According to the Central Bank of Nicaragua, the country exported a record 348,532 ounces of gold in 2021, and the country’s mining organization anticipates exports of 500,000 ounces in 2023.

Condor Gold, whose CEO, Mark Child, featured in a photo with Nicaragua’s president in a September presentation for investors made by the U.K.-based company, is one of the foreign investors active in the country.

“He is entirely supportive of the concept,” Child said during a 90-minute discussion with Ortega in March. “That meeting… effectively offers a big green light for project finance construction and considerably de-risks the project.”

Canadian-US Gold Mines in Nicaragua

Condor, listed in Toronto and London, has permission to build and manage three open pit mines, the most advanced of which is thought to contain 602,000 ounces of gold worth approximately $900 million at current rates.

Condor is partly held by a corporation run by an American mining engineer who has worked in the country for decades.

Condor shares were up 2 cents, or 3.8%, following the announcement in the United States. Calibre Gold Mining Corp, a Toronto-listed junior mining company with interests in Nicaragua, had its share price fall 17 cents, or 17%.

The Vancouver-based company has numerous mining sites in Nicaragua that are estimated to hold 2.9 million ounces of gold.

As part of Monday’s steps, the Treasury Department blocked Reinaldo Lenin Cerna’s assets in the United States, describing him as a close aide to Ortega. According to the Treasury Department, Cerna was the head of state security during Ortega’s first administration and reportedly assisted in the death of former dictator Anastasio Somoza’s chief of security.

Furthermore, the State Department will revoke the visas of more than 500 Nicaraguans and their family members who either work for the Ortega government or help formulate, implement, and benefit from policies that undermine democracy in the country, according to U.S. officials who spoke on the condition of anonymity to discuss the action.

Previously, it froze the assets of the defence minister and other members of the security services linked to the closure of more than 1,000 nongovernmental groups in the United States.

The Biden administration had already sanctioned the state-owned mining business. It also reallocated the country’s sugar quota, removing a vital annual U.S. dollar subsidy worth millions.

Nicaraguans fled their country in 2018, first to neighbouring Costa Rica, after Ortega brutally suppressed major public protests.

Then, before the 2021 presidential elections, security forces began collecting major opposition figures, including seven possible opponents to Ortega. Without a credible opposition, Ortega cruised to a fourth consecutive five-year term, and Nicaraguans fled in greater numbers.

Source: Bnamericas, The Associated Press, VOR News

Geoff Thomas is a seasoned staff writer at VORNews, a reputable online publication. With his sharp writing skills and deep understanding of SEO, he consistently delivers high-quality, engaging content that resonates with readers. Thomas' articles are well-researched, informative, and written in a clear, concise style that keeps audiences hooked. His ability to craft compelling narratives while seamlessly incorporating relevant keywords has made him a valuable asset to the VORNews team.

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Cinco de Mayo Parade in Chicago Cancelled Over Gang Violence

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Chicago Cancelled Cinco de Mayo on May 5: Getty Images

The Cinco de Mayo parade that was scheduled for Sunday afternoon in Chicago has been canceled for safety reasons. The long-running event was scheduled to start near Damen and Cermak at noon in the Little Village neighborhood.

According to FOX 32 the Chicago Police Department, the decision to cancel the event was made by the 10th District, local officials and parade organizers due to gang violence in the area.  Police said multiple arrests were made, including gun arrests.

Many Americans commemorate Cinco de Mayo, a Mexican festival honoring their 1862 victory over France in the Battle of Puebla. Today is September 16, not Mexico’s Independence Day, as many Americans believe.

Why the U.S. celebrates Cinco de Mayo and its beginnings

In the US, Cinco de Mayo celebrates Mexican-American culture rather than history. Major celebrations take place in Mexican-populated cities including Los Angeles, Chicago, and Houston. Fun includes parades, celebrations, mariachi music, Mexican folk dancing, and traditional dishes and drinks.

Cinco de Mayo celebrates-what? Starting with 1862 battle. Mexican Independence Day (Día de la Independencia) commemorates the country’s independence from Spain on September 16, 1810..

After 50 years, Napoleon III intended to claim Mexico on Cinco de Mayo.

French troops evicted Mexico’s President Benito Juárez and government from Veracruz.At dawn on May 5, 1862, 2,000 Mexican soldiers met 6,000 French troops in Puebla, east-central Mexico.Juárez declared May 5 a national holiday after Mexico declared victory by evening.y.

The battle affected the American Civil War. After the French left North America, the Confederacy couldn’t use them as allies to win.

Despite Cinco de Mayo celebrations in Mexico, especially in Puebla, they pale in comparison to Día de la Independencia, according to García.d.

De Mayo is now a Mexican American holiday

Cinco de Mayo began as a late-19th-century resistance to the Mexican-American War. The Chicano Movement of the 1960s and 1970s popularized the festival.

“It becomes a Chicano holiday, in many ways, linked to the Chicano movement, because we discover Mexicans resisting a foreign invader,” he said.They link Chicano struggle to Cinco de Mayo.”

businesses began commercializing Cinco de Mayo in the 1980s, especially beer businesses and restaurants offering deals and cocktails. García calls it “Corona Day” in jest.”

On Cinco de Mayo, García hopes everyone enjoys Coronas, but with a history lesson to complement..

U.S. events

San Diego: Old Town San Diego will host events May 4 and 5. Live music, folklorico, eating, and drink specials.

To celebrate Cinco de Mayo, Denver hosts a community parade and a taco eating contest on May 4. Denver Civic Center Park will host 10 a.m.–8 p.m. events May 4-5.

St. Paul, Minnesota: One of Minnesota’s major Latino festivals, St. Paul’s West Side de Mayo fiesta. This year’s parade, car, bike, and dog shows will begin at 10 a.m. on May 4.

San Antonio, Texas: From May 4-5, the Historic Market Square will host de Mayo celebrations with live music, Folklorico dancers, Mariachi, food vendors, and more.

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As Putin Begins Another 6-Year Term, He Is Entering A New Era Of Extraordinary Power In Russia

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AP News - VOR News Image

Just a few months shy of a quarter-century as Russia’s leader, Vladimir Putin, will sign a copy of the constitution on Tuesday, ushering in another six-year term as president with unparalleled powers.

Since becoming acting president on December 31, 1999, Putin has shaped Russia into a monolith, crushing political opposition, expelling independent journalists, and promoting an increasing adherence to prudish “traditional values” that push many in society to the margins.

His authority is so strong that other leaders could only stand on the sidelines while Putin began a war in Ukraine, despite predictions that the invasion would bring worldwide condemnation and harsh economic penalties, as well as cost Russia dearly in the blood of its men.

With that amount of control, it is difficult to predict what Putin will accomplish during his next term, both at home and abroad.

AP – VOR News Image

As Putin Begins Another 6-Year Term, He Is Entering A New Era Of Extraordinary Power In Russia

The war in Ukraine, in which Russia is making gradual but continuous battlefield advances, is the primary issue, and he shows no signs of reversing direction.

“The war in Ukraine is crucial to his current political ambition, and I see no reason to believe that will change. “And that affects everything else,” Brian Taylor, a Syracuse University professor and author of “The Code of Putinism,” told The Associated Press.

“It affects who’s in what positions, it affects what resources are available and it affects the economy, affects the level of repression internally,” he said.

In his February State of the Union address, Putin vowed to carry out Moscow’s objectives in Ukraine and do everything necessary to “defend our sovereignty and the security of our citizens.” He stated that the Russian military has “gained a huge combat experience” and is “firmly holding the initiative and waging offensives in several sectors.”

That will come at a high cost, potentially depleting funds for the massive domestic projects and changes in education, welfare, and poverty alleviation that Putin detailed in his two-hour presentation.

Taylor believed such initiatives were included in the address primarily for show rather than to indicate a genuine commitment to implement them.

Putin “thinks of himself in the broad historical terms of Russian territory, putting Ukraine back to where it belongs, and things like that. And I believe them outweigh any more socioeconomic-type programs,” Taylor added.

Suppose the battle does not result in absolute loss for either side, with Russia maintaining some of the territory it has already conquered. In that case, European governments fear Putin will be tempted to engage in additional military adventurism in the Baltics or Poland.

AP – VOR News Image

As Putin Begins Another 6-Year Term, He Is Entering A New Era Of Extraordinary Power In Russia

“It’s possible that Putin does have vast ambitions and will try to follow up on a costly success in Ukraine with a new attack somewhere else,” Harvard international relations expert Stephen Walt wrote in Foreign Policy. “But it is also entirely possible that his ambitions do not extend beyond what Russia has won — at enormous cost and that he has no need or desire to gamble for more.”

However, he said, “Russia will be in no shape to launch new wars of aggression when the war in Ukraine is finally over.”

Others argue that such a sensible worry may not prevail. According to Maksim Samorukov of the Carnegie Russia Eurasia Center, “Moscow is likely to make self-defeating mistakes driven by Putin’s whims and delusions.”

In a Foreign Affairs column, Samorukov stated that Putin’s age may influence his judgment.

“At 71, his awareness of his death undoubtedly influences his decision-making. A rising awareness of his short time influenced his catastrophic choice to attack Ukraine.

Overall, Putin may be entering his new term with less influence than he appears to have.

Russia’s “vulnerabilities are concealed in plain sight. “Now more than ever, the Kremlin makes decisions in a personalized and arbitrary manner, with no basic controls,” Samorukov stated.

“The Russian political elite have grown more pliant in implementing Putin’s orders and more obsequious about his paranoid worldview,” he stated in the letter. The country’s leadership “is at permanent risk of crumbling overnight, as its Soviet predecessor did three decades ago.”

Putin is certain to maintain his hostility against the West, which, he stated in his State of the Nation speech, “would like to do to Russia the same thing they did in many other regions of the world, including Ukraine: to bring discord into our home, to weaken it from within.”

Putin’s hostility against the West stems not only from its backing for Ukraine but also from what he perceives as the erosion of Russia’s moral compass.

Russia banned the fictitious LGBTQ+ “movement” last year, labeling it extreme in what officials claimed was a fight for traditional values such as those promoted by the Russian Orthodox Church against Western influence. Courts also prohibited gender transformation.

“I would expect the role of the Russian Orthodox Church to continue to be quite visible,” Taylor said. He also mentioned the social media anger that erupted during a party held by TV presenter Anastasia Ivleeva, in which guests were urged to arrive “almost naked.”

AP – VOR News Image

As Putin Begins Another 6-Year Term, He Is Entering A New Era Of Extraordinary Power In Russia

“Other actors in the system understand that that stuff resonates with Putin. … There were people interested in exploiting things like that,” he went on to say.

Although the opposition and independent media have nearly evaporated as a result of Putin’s repressive actions, there is still room for future movements to dominate Russia’s information space, such as continuing efforts to construct a “sovereign internet.”

The inauguration takes place two days before Victory Day, Russia’s most important secular festival honoring the Soviet Red Army’s seizure of Berlin in World War II and the war’s terrible difficulties, which cost the USSR around 20 million people.

The defeat of Nazi Germany is important to modern Russia’s character, as is Putin’s justification of the war in Ukraine as an analogous conflict.

SOURCE – (AP)

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China Launches Long March-5 to the “Dark Side of Moon”

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China Launches Long March-5 Spacecraft: Getty Images

China has launched an unmanned spacecraft on a nearly two-month journey to gather rocks and soil from the moon’s far side, becoming the first country to undertake such an ambitious task.

China’s heaviest rocket, the Long March-5, lifted off at 5:27 p.m. Beijing time (0927 GMT) from the Wenchang Space Launch Center on the southern island of Hainan, carrying the Chang’e-6 probe weighing more than 8 metric tons.

China’s Chang’e-6 is entrusted with landing in the South Pole-Aitken Basin on the moon’s far side, which is continuously facing away from Earth, and retrieving and returning samples.

The launch is another significant milestone in China’s lunar and space exploration mission.

“It is a bit of a mystery to us how China has been able to develop such an ambitious and successful programme in such a short time,” said Pierre-Yves Meslin, a French researcher working on one of the Chang’e-6 mission’s scientific objectives.

In 2018, Chang’e-4 made China’s first unmanned moon landing on the far side. Chang’e-5 returned lunar samples for the first time in 44 years in 2020, and Chang’e-6 has the potential to make China the first country to retrieve samples from the moon’s “hidden” side.

Scientists, diplomats, and space agency officials from France, Italy, Pakistan, and the European Space Agency all attended the launch, which carried moon-study payloads on Chang’e-6.

However, no US groups requested for a payload place, according to Ge Ping, deputy director of the China National Space Administration’s (CNSA) Lunar Exploration and Space Program.

U.S. law prohibits China from collaborating with the United States’ space agency, NASA.

The Dark Side of the Moon

The far side of the moon, also known as the “dark side of the moon” despite receiving sunlight, is the hemisphere that always faces away from Earth. The Soviet Luna 3 spacecraft made the first observation of this strange region in 1959.

Unlike the near side, the far side lacks enormous, dark basins known as marias. Instead, hundreds of craters produced by asteroid collisions over billions of years blanket it.

The South Pole-Aitken Basin, an immense crater more than 1,500 miles wide and several miles deep, is one of the most visible landforms on the far side. This ancient impact basin is among the largest known crater formations in our solar system. The far side likewise has many mountains, ridges, and other harsh topography formed by cosmic collisions.

Studying the far side provides insights into the moon’s genesis and early history because it maintains impact records from the solar system’s turbulent childhood.

Scientists also intend to investigate it for potential resources and future lunar bases. With no atmosphere or magnetic field, the far side displays the wounds of endless meteor bombardments, exposing information about Earth’s only natural satellite that the near side lacks.

Source: Reuters

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