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Nicaraguan President Daniel Ortega said on Sunday a planned overhaul of the welfare system that sparked days of deadly protests had been canceled, as he attempted to end the biggest crisis of his administration.
Ortega has been on the defensive since demonstrations began in much of the country on Wednesday against the plan to increase worker contributions to social security and to lower pensions.
Ensuing unrest killed at least eight people and sparked looting and panic buying, but protests in Managua died down considerably after Ortega’s announcement, according to Reuters witnesses. At least one protest march was planned for Monday.