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Nicaragua: Venezuela has offered to replace US aid

Nicaragua: Venezuela has offered to replace US aid

President Daniel Ortega says Venezuela has offered Nicaragua $100 million in aid if the U.S. and European Union cut off funding over disputed elections.
Ortega says his leftist ally Venezuelan President Hugo Chavez made the offer last week "without blackmail, without conditions of any sort."
The U.S. said last week it would freeze $64 million in anti-poverty aid to Nicaragua amid accusations that local elections were fraudulent. The EU has withheld $54 million in budget support.
Ortega spoke Monday in a televised address.
Ortega's leftist Sandinistas won most of the country's mayorships in the Nov. 9 elections. The opposition proposed legislation to cancel the results, but Ortega issued a decree declaring that effort unconstitutional.


Updated : 2021-10-21 00:15 GMT+08:00