World News

Mild Earthquake Felt in Central and Pacific Parts of Costa Rica October 10, 2012

6:19 am A mild earthquake was felt in several parts of the country. The Volcanological and Seismological Observatory of Costa Rica (OVSICORI) reported a preliminary magnitude of 5.2 degrees, with a depth of 35 km and was located 4 km...

Trial Begins Dec 3 for Mexican Smugglers Arrested with $9.2 Million Headed for Costa Rica

n August 20th, eighteen Mexican smugglers were arrested on the Nicaragua border with Honduras and Nicaragua police found $ 9.2 million, plus traces of cocaine in the six vans in which they moved and had logos Televisa. The money was...

Costa Rica Passes Law Increasing Punishment for Sexual Tourism and Human Trafficking

The Costa Rican government announced the approval by Congress of a law that increases prison sentences for trafficking and related activities, and it also creates a fund to finance the fight against trafficking crimes such as sexual tourism, and...

Geothermal Electricity is Expected to Increase in Costa Rica

Geothermal power plants in Costa Rica generating electricity corresponds to 13% of total capacity production Electricity System (SEN), the Costa Rican Electricity Institute (ICE). The five geothermal plants located in Miravalles, represents 8% of total installed capacity by the SEN...

ECLAC Calls for Regional Growth of 3.2% in 2012

Latin America investment one of the best options, as markets continue to grow Latin America News - The regional economy will slow this year greater than expected but recorded an average growth of 3.2%, according to estimates provided the Economic...

Baby Boomers Expected to Cause another Costa Rica Real Estate Explosion

A growing number of North American baby-boomers have been looking at moving to Costa Rica to make their money go further or to re-invent themselves and many see Costa Rica real estate as a affordable solution for a permanent...

Eight Companies Under Investigation of the Costa Rica Nicaragua Border Trail are Still Employed

The Costa Rica Nicaragua border trail legal issues still are ongoing. Eight of the 35 companies that are being investigated because of in the construction of the Border Trail are still employed by the Government on other projects. In...

Hugo Chavez Victory and the Impact on the Oil Markets

Hugo Chavez will get 6 more years of power, as many Latin Americans see this result as a black eye on the whole region, and a growing number see this as a victory. A polarizing figure, at least in his...

4.4 Earthquake in Nicoya

This morning, being 1:00 am, a 4.4 magnitude earthquake shook the region Mw Cóbano.The movement was located 6 miles southwest of Cóbano, with 21.3 kilometers deep. This earthquake was reported as felt in Cóbano, Paquera, Santa Teresa, Montezuma, Miramar, Esparza,...

New U.S. Strategy seeks to Address Challenges with Latin America

The Secretary of Defense United States, Leon Panetta, met October 7, 2012 in Lima with Peru’s President Ollanta Humala, to launch the new strategy of the country in this sector that seeks to address common challenges in the region. "America...
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Latest News

 San José Municipality Cancels Zapote Fair Tender: Are Year-End Festivities at Risk?

The iconic year-end celebrations in San José, Costa Rica, face mounting uncertainty after the local government officially declared the...