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The Somozas also controlled the transportation industry by owning outright, or at least having controlling interest in, the country's main seaports, the national airline, and Nicaragua's maritime fleet. [3] Much of the profit from these enterprises was then reinvested in real estate holdings throughout the United States and Latin America. [3]
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Though Granada remains Nicaragua's sixth largest city, it is widely known for preserving some of the finest colonial-era architecture in the country. A real estate boom had been underway for several years, with many European and Americans purchasing and renovating the area's homes for retirement or holiday homes and several foreign realtors ...
Bluefields is Nicaragua’s chief Caribbean port, from which hardwood, seafood, shrimp and lobster are exported. Bluefields was a rendezvous for European buccaneers in the 16th and 17th century and became capital of the English protectorate of the Kingdom of Mosquitia in 1678.
Nicaragua's economy continues to post growth, with preliminary indicators showing the Nicaraguan economy growing an additional 5% in 2011. [13] Consumer Price inflation have also curtailed since 2008, when Nicaragua's inflation rate hovered at 19.82%. [14] In 2009 and 2010, the country posted lower inflation rates, 3.68% and 5.45%, respectively ...
Estelí (Spanish pronunciation:), officially Villa de San Antonio de Pavia de Estelí is a city and municipality within the Estelí department.It is the 8th largest city in Nicaragua due to the high urbanization of its municipality, at 84.8%, with an urban population of 111,244 (2022 estimate). [2]
Nicaragua, [d] officially the Republic of Nicaragua, [e] is the geographically largest country in Central America, comprising 130,370 km 2 (50,340 sq mi). With a population of 7,142,529 as of 2024, [ 16 ] it is the third-most populous country in Central America after Guatemala and Honduras .
Selva Negra Mountain Resort and Coffee Estate is a historical coffee farm founded in 1891 by German immigrants. Since 1976 it has also been a tourist resort. It is located in the department of Matagalpa, Nicaragua, just 11 kilometres (7 mi) from the city of Matagalpa.
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