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Exclusive-U.S. preparing new sanctions in response to Nicaragua’s Nov. 7 election -officials

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By Matt Spetalnick WASHINGTON (Reuters) -The Biden administration is working with international partners to prepare new sanctions that could be levied in response to Nicaragua’s Nov. 7 election, which Washington has denounced as a sham organized by President Daniel Ortega, U.S. officials say. The U.S. government has also begun a review of Nicaragua’s participation in a Central America free trade agreement and has already halted support for any “trade capacity building” activities seen as benefiting Ortega’s government, a senior State Department official told Reuters on condition of anonymity. …

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