Belts tighten in Nicaragua - The situation is growing desperate as Central America is hit by soaring global prices for grains and fuel.

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Posted on: May 6th, 2008
Filed Under: [ Non-US News ] [ Eye Openers ]

“There is no shortage of good things to eat in the open-air Wholesale Market here in Nicaragua’s capital. Canvas sacks groan with rice and lentils. White eggs are stacked neatly, 30 to a box, fresh from the hens that laid them.

But talk to merchants and shoppers and they’ll tell you stories of want, not bounty. The fallout from exploding global prices for grains and fuel has landed hard on this impoverished Central American nation of 5.7 million people.”*

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