TCRN STAFF: Both sides should be careful, as they both have a lot to lose. Nicaragua already has a tainted recent history in terms of conflict, and this will certainly have an impact on Costa Rica’s primary economic industry, tourism. For Nicaragua this could be the ‘perfect storm’ for regime change. Honduras is an example [...]
TCRN STAFF: Costa Rican migration authorities are considering restricting Mexican and Guatemalan visas to enter the country. We believe it is time to assess the desirability of more restrictive entry of citizens of both nations, as we have with Colombia and most recently in Jamaica,” an official said. The idea is that the visas of [...]
Featured Columnist – Political Correspondent – Latin American Relations Jennifer Mayer TCRN STAFF: The Costa Rica News.com Jennifer Mayer “Don’t be such a Nica”. It may shock many that this insult is commonly heard around Costa Rica. It could come from the mouth of a teenager, chiding his friend for wearing a shirt he deems uncool, [...]
The central bank on Saturday raised the interest rates offered on deposits at Central Direct. This is the third change made by the Central Bank on interest rates after the sharp cut of 1.50 points made on 19 August. The rate for 180 days to 269 days, the cut of 6.75% to 5.50% on 19 [...]
TCRN STAFF: PLANE GOES DOWN WITH 173 KILOS DOWN AFTER TAKING OFF FROM TOBIAS BOLANOS PAVAS, west of San Jose with a shipment of cocaine that was destined for Guatemala. The aircraft was transporting 173 kilos of drugs and at 8:05 am, just moments after takeoff the plane flew approximately two kilometers before going down [...]
(Reuters) – Venezuela will pay Helmerich and Payne for a fleet of oil rigs it seized from the U.S. company, the oil minister said on Saturday, warning that five drills at a Chevron venture were also at risk of nationalization. Oil Minister Rafael Ramirez announced this week that OPEC member Venezuela was nationalizing 11 rigs [...]
(Reuters) – U.S. Secretary of State Hillary Clinton begins a trip to Latin America on Sunday, seeking to smooth links despite a brewing fight with regional powerhouse Brazil over policy toward Iran. Clinton’s trip takes her to Peru for a meeting of the Organization of American States (OAS), followed by stops in Ecuador, Colombia and [...]
(Reuters) – The remnants of Tropical Storm Agatha dumped more rain on Guatemala and El Salvador on Sunday after killing at least 16 people in the region. Rescue workers scrambled to restore communications to towns and villages cut off by landslides when Agatha, the first named storm of the 2010 Pacific hurricane season, slammed into [...]
(Reuters) – The U.S. government is forced to rely on BP and the private oil sector to try to plug the gushing Gulf of Mexico well because only they have the technical know-how to stop the spill at those depths, the Coast Guard chief said on Sunday. Admiral Thad Allen, who heads the oil spill [...]
By JOHN W. MILLER European Union and Central American leaders agreed Tuesday to a free-trade deal, but its implementation is likely to be delayed until the end of the year at the earliest, adding to a pattern of bilateral trade agreements being signed, then not actually ratified and applied. The EU’s new deal reduces import [...]
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