Nicaragua's Sandinista government has broken diplomatic ties with Taiwan and recognized the People's Republic of China. We discuss the historic decision and its huge geopolitical implications.

A Chinese company plans to build an inter-oceanic canal in Nicaragua, to challenge the monopoly of the US-dominated Panama Canal. 

And the same week, Nicaragua signed agreements strengthening ties with Russia and collaborating on nuclear energy projects.

VIDEO: https://youtube.com/watch?v=EDADaUXL6kM