President Joe Biden expanded his administration’s authority to penalize the Nicaraguan government for repressing its people, signing an executive order enabling the US to target specific sectors of the Nicaraguan economy and to restrict US investment in and commerce with the country. Read the article about Sources capital bidenmcbridebloomberg.

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Monday’s actions focus on the gold-mining sector, but the new executive order empowers the departments of State and Treasury to identify additional sectors for sanctions and bans.