Nicaragua: History

  1. 1523

    Francisco Hernandez de Cordoba completes the conquest of Nicaragua.

  2. 1821

    Nicaragua gains its independence from Spain but is incorporated into the Mexican empire.

  3. 1838

    Nicaragua becomes fully independent.

  4. 1937

    General Somoza is elected president, marking the start of a 44 year-long dictatorship by his family.

  5. 2004

    The World Bank cancels 80% of the debt that Nicaragua owes.

  6. 2006

    Congress approves the Central American Free Trade Agreement (CAFTA).

  7. 2013

    Congress approves a proposal for a canal linking the Pacific and Atlantic oceans.


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