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Politics : Rat's Nest - Chronicles of Collapse

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To: Wharf Rat who wrote (4587)	8/18/2006 11:50:47 AM
From: Wharf Rat	Read Replies (1) of 24213

Nicaragua Muses on Energy Crisis Managua, Aug 16 (Prensa Latina) Nicaraguan deputies interrupted their summer vacations to deliberate over the worrying energy crisis affecting most of the provinces. Wednesday the leadership of the National Assembly will propose an emergency meeting among representatives of all institutions, bodies or companies related to the energy sector to seek a solution for the serious shortage in the nation. Previously, the Sandinista National Liberation Front demanded that President Enrique Bolaños speed up purchase of oil from Venezuela, whose companies agreed to export hydrocarbons at preferential prices to aid the Nicaraguan people. However, the liberal Executive is trying to face the crisis by giving $9.6 million to Union Fenosa, the country s main energy company, which is in debt and the leading cause of cuts in the Central American state. Tuesday, people from populous neighborhoods in Managua staged street protests in desperation over the continued cuts in the water supply. ccs/ymr/jvj plenglish.com

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