Nicaragua scraps controversial social security reforms

Students clash with riot police during a protest against the government's social security reforms in Managua, Nicaragua.

(CNN)Nicaraguan President Daniel Ortega has revoked a controversial pension reform resolution after several days of violent protests across the country. The reversal was announced Sunday evening during a televised meeting with government officials.

"This resolution that I'm publishing right now, which was just approved by the Social Security Council, has the effect of revoking, meaning, it's canceling," President Ortega said.