Aurora Macro Strategies

Nicaragua Update: All in the First Family

November 2, 2026

Latin America

As Daniel Ortega disappears from public view, Rosario Murillo and Nicaragua’s first family are extending their control into the private sector. Aurora maps the new risks for investors from changes to competition law, arbitration, presidential appointments, and business seizures even as stronger gold revenues and remittances improve sovereign finances.

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Nicaragua Update: All in the First Family