Weekly Report - 26 July 2007 (ISSN 1741-7422)

NICARAGUA | Venezuela writes off debt. The Venezuelan government has written off US$33.2m of Nicaragua's bilateral debt, reducing the country's overall external debt to US$3.4bn. The debt-pardon agreement was signed in June, but was only announced on 20 July, during President Hugo Chávez 's third visit to Nicaragua.

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