Managua center and a generator of services for the majority of the nation. The city, with a population exceeding one million inhabitants, houses many large national and international businesses. It is home to many factories which produce diverse products. Multinational companies such as Wal-Mart, Telefonica, Union Fenosa, and Parmalat have offices and operations in Managua. The city's chief products include beer, coffee, pharmaceuticals, textiles, shoes, matches, construction products, etc. Her main trading products are beef, coffee, cotton, and other crops. Managua is also Nicaragua's main political, social, cultural, educational and economic hub. At the same time, the city is served by
Central American University (Managua) country, was born on October 8, 1984, at UNAN Managua, as an educational initiative by the Director of Journalism Vicente Baca Lagos, and was embraced by the student movement in those early post-revolution years. Several UNAN programs had been assigned to other universities, and Journalism and Psychology on the Ricardo Morales Aviles on the UNAN Campus, with all its infrastructure and projects, was entrusted to UCA under Fr. César Jerez, S.J. Thus began the experimental radio station for students of journalism to get pre-professional practice, with support from the Deputy Minister of Telecommunications (TELCOR) Bayardo Altamirano. In the succeeding years