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Archives for July 2016

Nicaragua expands oil exploration

July 21, 2016 by Staff News Writer

Nicaragua is still committed to get its own oil. The Canadian Union Oil & Gas Group Corp. joined the Nicaraguan Petroleum Company S.A. (PETRONIC) and the Norwegian company STATOIL to look for oil in an area of 30,000 square kilometers of the Pacific. The scans will begin soon in Sandino Basin. Union Oil is present […]

Filed Under: News Reports

Hotel in San José on fire

July 21, 2016 by Staff News Writer

The Fire Department is dealing with a fire of important magnitudes in the hotel Halcón de Oro, in downtown San José. According to the report, nearly 500 square meters of the structure were burned. Because of the magnitude of the fire it was necessary to transfer several extinguishing units, ambulances, platforms and special air equipment. […]

Filed Under: News Reports

Basic rate will drop to 5.10%

July 21, 2016 by Staff News Writer

This week the basic passive rate dropped to 5.10%, according to data published by the Central Bank. Such low figures have not been seen since 2008, when the indicator reached 4.25% The downgrade this week was due to a fall in interest paid by public banks and mutual benefits for all periods. The basic rate […]

Filed Under: News Reports

“Narco flight-attendant” will go to prison

July 21, 2016 by Staff News Writer

A Mexican flight-attendant named Rodríguez was a key piece in the puzzle of an international drug trafficking group. Last week, Rodríguez, who had no prior records, was sentenced to 10 years in prison by the Criminal Court of Alajuela, after being captured on July 3rd, 2013 carrying $ 160,000 attached to a girdle. The investigation […]

Filed Under: News Reports

Central America seeks to solve 50 years of lag in ports

July 21, 2016 by Staff News Writer

The red tape and the slothfulness with which containers are received in port facilities are some of the major deficiencies that feed the incompetence of the ports of the region. Sometimes, a container can be shipped in 5 hours, but there are other times when it’s declared abandoned,” said Otto Noack, executive director of the […]

Filed Under: News Reports

PANI’s toll-free hotline

July 21, 2016 by Staff News Writer

The National Children ‘s Trust (PANI) has a toll-free hotline: 1147. Attention is available from Monday through Friday, from from 7 a.m. until 11 p.m, with two psychologists serving people who need guidance with any issue involving minors. The service is operating since 2011 and provides advice on issues of upbringing, education, limits the use […]

Filed Under: News Reports

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News Summary

U.S. President Orders Navy Task Force to Caribbean to Counter Venezuela Threat

Costa Rica Government Silent on Travel Ban with Just 13 Days Left

News Summary

Legislators approve moratorium for registration of shareholders

President confirms gasoline give away for ethanol pilot project

Chinese company sells low cost smart phones in Costa Rica

Search continues for small plane missing in Drake

Farmers will march to the Ministry of Agriculture

IMN warns of dangerous UV radiation this Friday

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