As a result of recent eruptive activity, a new crater is forming at the top of the Poás Volcano. This new formation takes place in the same site where the dome used to be, a structure of about 30 meters that disappeared after the eruption of April 14th. The Costa Rican Volcanologist and Seismological Observatory […]
Archives for April 2017
ICE moves ancient petroglyph to protect it
The Costa Rican Institute of Electricity (ICE) decided to move a petroglyph with the aim of protecting this millennial piece that was built between 300 and 800 after Christ. According to an ICE statement, the image recorded on rock was discovered in 2011 during operations for the construction of the Pailas I Geothermal Plant in […]
“Venezuela is a mess … I’m sad,” says Trump
US President Donald Trump said Venezuela is a “mess” and that he is “very sad” about the situation in that country, the wave of anti-government protests and that the decision to withdraw from the OAS. Venezuela is a mess,” Trump briefly replied to a journalist’s question while he was welcoming Argentine President Mauricio Macri to […]
Crude oil hits $48
Oil prices opened yesterday with a sharp decline in New York, with the market worried about too much supply, especially the US. The light sweet crude (WTI) price dropped $1.01 to $ 48.61 in contracts for June delivery on the New York Mercantile Exchange (Nymex). And in the London market, which is not convinced that […]
Central Bank wants to change the calculation of the exchange rate
The Central Bank of Costa Rica (BCCR) announced on Thursday that it will submit the changes on the calculation of reference exchange rates for the purchase and sale of the United States dollar to public consultation. The reference exchange rate is the amount in which banks and other financial institutions offer dollars for sale and […]
Legislator files appeal against fuel price increases
On Thursday, Mario Redondo, a legislator from the Christian Democrat Alliance (ADC), filed an appeal to the Constitutional Chamber against the increase in fuel prices sought by the Costa Rican Oil Refinery (RECOPE). According to Redondo, the date set for the hearing with ARESEP is unreasonable and disproportionate because it does not guarantee the 30 […]