Complex sentence: Bullet ants, genus "Paraponera" found from Nicaragua southward to the Amazon Basin and their close relatives of the genus "Dinoponera" are New World ponerines known for their painful stings.
Split into simpler sentences: Bullet ants, from the genus "Paraponera", are found from Nicaragua southward to the Amazon Basin. They are and close relatives of the genus "Dinoponera", which are New World ponerines known for their painful stings.