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Construction of the Nicaragua Grand Canal project is set to begin on December 22.
The canal will stretch 278 kilometers, will vary in width from 230 meters to 520 meters and will be 27.6 meters deep. The canal will be 3.5 times longer than the Panama canal and almost twice as deep.
The $50 billion project, developed by Hong Kong Nicaragua Canal Development Investment Co, is expected to be completed by 2020 and will accommodate large LNG carriers and oil tankers from the U.S. and Venezuela heading toward China.
According to Reuters, Chinese businessman Wang Jin, who is behind the canal plan, has no prior experience developing big infrastructure projects like this one. His company was established in August 2012, prompting some to question whether the project was feasible.
The Nicaraguan Medical Tourism Sector Becomes Energized
Nicaragua has not only become popular as a destination for leisure, rest and recreation but also for medical treatment, as more and more foreigners visit the country in search of excellent quality and low-priced treatments.
It is enough just to sit in the waiting room at Hospital Metropolitano Vivian Pellas (HMVP) to see with your own eyes the number of foreigners who visit for medical attention, even more so now that the hospital has added another five story tower to its installations to provide services in new specialties including neuroscience, vascular intervention, diabetes, pediatric wards and intermediate care.
During the inauguration of this tower, Carlos Pellas, president of Grupo Financiero Pellas, said that the investment (14 million dollars) is geared toward developing medical tourism and that world class medical attention is available in Nicaragua.
Its quality is supported by the Joint Commission International (JCI), an organization that identifies and measures to the highest standards the best practices related to quality and patient security.
PRESIDENT OF PGA TOURS LATIN AMERICA SAYS “NICARAGUA IS IDEAL FOR GOLF AND RETIREMENT”
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The Coconut Could Be on the Verge of Collapse
December 17, 2016
By Dr. Mercola
For many years, orange juice was the “go-to” beverage for breakfast. In the 1950s and ’60s, it was considered one of the world’s most nutritious drinks. Many people had special miniature glasses in their cupboards just for this purpose.
But good old o.j. isn’t the fashion so much anymore. In fact, last year, commercial orange juice sales reportedly sank to a new low over the previous 15 seasons. One reason is because it’s been found to be not quite as healthy or necessary for a “balanced diet” as it was once thought to be.
Another reason orange juice no longer flows at every breakfast table is because it’s been replaced by the nectar of another fruit: coconut. How well is this exotic beverage expected to fare, especially for those who have more invested than a fondness for a refreshing new drink?
Coconut Water: The Next Big Wave Is Here
Currently, Technavio estimates that coconut water sales rake in about $2 billion a year, and will probably reach $4 billion in the next five years. Celebrities have jumped onto the coconut water craze for profit, backing brands with their names attached.
More than 200 brands of coconut water are now being sold. As for the big companies, in 2007, a 25 percent stake in Vitacoco, a coconut water brand, was sold for $7 million to Verlinvest. Another 25 percent stake in Vitacoco sold to Red Bull China for about $166 million in 2014.
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Timber! Why the rich are buying trees
That’s according to Dennis Moon, head of Specialty Asset Management at U.S. Trust, a division of Bank of America ( ), whose job it is to find, manage, and log plots of trees for the firm’s well-healed clients.
Ever since the financial crisis, business is booming, as rich families have worked tirelessly to diversify their investments beyond traditional stocks and bonds.
Here’s why the 1% are loving lumber, and all the green that comes with it.
‘Steady eddie’ investment: After seeing their portfolios pummeled during the recession, many wealthy people have flocked to asset classes that don’t rise and fall with the stock markets. That’s where timber comes in.
The best countries for women in terms of gender equality have been announced by The World Economic Forum in the new edition of its annual Global Gender Gap report.
The 2016 report assesses 144 economies on how well they utilise the female workforce in their country based on economic, educational, health-based and political indicators. The report can be used as an objective analysis of women’s quality of life and to thereby rank the world’s best countries for women with regards to business, politics, education and health.
ASSESSING GENDER EQUALITY
To produce the Index, the World Economic Forum analyses more than a dozen datasets including those produced by World Economic Forum, UNESCO Institute of Statistics and the OECD. The rankings are compiled by calculating gender-based gaps in accessing resources such as education, healthcare and opportunities to participate in political and economic processes.
Gen. Álvaro Baltodano, Minister-Presidential Delegate for Investments, was the leading official inaugurating “Plantel Los Ángeles” this morning, a mining project located in La Libertad, department of Chontales (central Nicaragua). This project is the result of the group’s interest in promoting the mining sector’s development and sustainability within the region. The investment of this project amounts to US$6.5 million and has an installed capacity of 150 tons of gold per day, for an annual production of 11,100 troy ounces.
The plant will allow greater recovery of gold, fair payment per ounce to 1,500 artisanal miners and lower environmental impact, key pillars of the “Mining for All” model, under which this investment is promoted….click for the rest of the story.