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Nicaragua high court rejects appeal against canal project

Wednesday, March 29, 2017


Nicaragua's Supreme Court has rejected a farmer group's appeal seeking to block a proposed $50 billion interoceanic canal.

The legal challenge had sought to overturn a 2013 law under which the canal concession was granted to a Chinese company.

The court's decision late Monday is in line with similar rulings it made previously. President Daniel Ortega's government says a canal would create tens of thousands of jobs and stimulate the nation's economy.

Source: Fox News