“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.”

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About Stephen Kinzer

American journalist and author of the late 20th and early 21st centuries, Kinzer is best known for his in-depth reporting on U.S. foreign policy and its global consequences. His work often examines the human cost of geopolitical decisions, blending investigative rigor with accessible storytelling.

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"The two largest oil-producing countries in Latin America, Mexico and…" — Stephen Kinzer | Daily Quotes