Article: Disaster aid likely to benefit Nicaragua's wealthy.

The following is the third of an occasional series on the ongoing problems and the emerging hopes of Central America by Gary MacEoin, a longtime observer of the region.

This city was destroyed by an earthquake in 1972. Only two major buildings survived in the center of the city, the Intercontinental Hotel and the Bank of America. Only the shell of the cathedral remained.

Dictator Anastasio Somoza's followers, self-exiled after the Sandinistas came to power in 1979, returned when Violeta Barrios de Chamorro became president in 1990, following the electoral defeat of the rebel party. The new Managua they proceeded to construct reflects their priorities.

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