Nicaragua’s President Cancels Social Security Overhaul

(From AP News)

Nicaragua’s president on Sunday withdrew changes to the social security system that had triggered deadly protests and looting.

President Daniel Ortega said in a message to the nation that the social security board of directors had canceled the changes implemented on April 16.

The overhaul was intended to shore up Nicaragua’s troubled social security system by both reducing benefits and increasing taxes.

The changes touched off protests across the Central American nation that escalated into clashes with police as well as looting. The demonstrations appeared to expand to include broader anti-government grievances.

Human rights groups said at least 26 people were killed in several days of clashes.

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