“The two largest oil-producing countries in Latin America, Mexico and Venezuela, sold petroleum to Nicaragua at concessional rates for several years beginning in 1980. The program was curtailed because Nicaragua could not make even reduced payments.”

American author, historian, and journalist

Stephen Kinzer is an American author, historian, and journalist. He is known for his work as a correspondent for The New York Times and for his writing across books, newspapers, and news agencies. Kinzer has published several books and continues to write for a range of outlets. His work reflects the concerns of a journalist and historian, with a focus shaped by reporting, analysis, and long-form commentary.