1990: Sandinistas Lose Nicarague Election to US-Backed Candidate

Elections are held in Nicaragua, and the Sandinistas lose to US-backed Violeta Barrios de Chamorro. The US spent millions in overt and covert dollars to consolidate and strengthen the opposition parties. [Latin American Studies Association Commission to Observe the 1990 Nicaraguan Election, 3/15/1990, pp. 24-26; Walker, 2003, pp. 57]