There is no space on this planet for savage capitalism , '' Ortega said in a wide-ranging inauguration speech that touched on a international events , including war in Afghanistan , last year 's earthquake in Japan and the killing of former Libyan leader Moammar Gadhafi . NEW : President Daniel Ortega : `` Savage capitalism ... is no longer possible '' Ortega officially begins his third term at a ceremony in Nicaragua . In recent months , he has reached for the political middle . He's been criticized by some as being too close to US interests and not tough enough on drug traffickers.
NEW : President Daniel Ortega : `` Savage capitalism ... is no longer possible '' Ortega officially begins his third term at a ceremony in Nicaragua . In recent months , he has reached for the political middle . He's been criticized by some as being too close to US interests and not tough enough on drug traffickers.