President Joe Biden has signed an executive order targeting Nicaragua’s gold industry, as the United States aims to punish Nicaraguan President Daniel Ortega over a crackdown on dissent and curbs to democratic institutions.Biden’s executive order gives the US Treasury Department “the authority to target certain persons that operate or have operated in the gold sector of the Nicaraguan economy”, the department said in a statement on Monday.It also allows Washington to bar new US investments in Nicaraguan economic sectors, imports of certain products from the Central American nation and exports by US citizens of certain items to Nicaragua, it said, among other potential measures.
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