BBC :
Daniel Ortega has been inaugurated as Nicaraguan president, two months after his convincing election victory. the one-time revolutionary, who fought for almost two decades to return to power, was sworn in during a ceremony in the capital, Managua.Socialism by definition means less personal liberty and less free markets, and less liberty ALWAYS means less prosperity. Which is why it's the road to serfdom. Without a doubt, Chavez and Morales and Correa and Ortega will do to their countries what Fidel and Mugabe and Kim did to their own. Pity.
The Sandinista leader won November's presidential election pledging to fight hunger, poverty and corruption. Many of the leftist Latin American leaders who have swept to power in recent years attended the ceremony, including Venezuela's Hugo Chavez, Bolivia's Evo Morales and Ecuador's Rafael Correa.
Cuba's Fidel Castro, too ill to personally attend the swearing in, sent a message of "utmost support" to Mr Ortega. Mr Chavez arrived in Nicaragua shortly after being sworn in for his third term in office, pledging "socialism or death" in his inauguration speech.
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