Thursday, April 25, 2024

Logo Central America Link

Nicaragua bets on gold to survive world crisis

Wednesday, August 10, 2011


\ Nicaragua believes that its gold production and a fall in oil prices will allow it to survive the renewed crisis in world financial markets.\ \ The crisis helps Nicaragua, a producer and exporter of gold, said Raúl Amador, a specialist in international stock markets.\ \ Thanks to high world prices, gold was Nicaragua’s number three export in the first half of this year.\ \ \ \ Original source (in Spanish): AFP\ \ \ \ \ \ \ \