Ortega Snubs US, Seals Iran Trade Pact

US wary of Iranian toehold in Latin American 'backyard'

By Sam Biddle, Newser Staff

Posted Aug 6, 2007 4:19 AM CDT

(Newser) – Nicaragua has finalized a trade deal with Iran worth hundreds of millions of dollars despite bitter opposition from Washington, the Guardian reports. The deal will exchange Nicaraguan bananas, coffee and meat for farm equipment and Iranian funds for infrastructure projects, including a hydroelectric dam, milk-processing... Read full story »

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Ortega Snubs US, Seals Iran Trade Pact

US wary of Iranian toehold in Latin American 'backyard'

Iran • North Korea • Algeria • Cuba • Libya • trade • Nicaragua • Daniel Ortega • allies

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All Flyers From 14 Nations to Be Patted Down

Tough new air security crackdown begins today

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Secretary hails historic trip as US officially renews ties with former foe

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