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 […]
Archives for July 2016
Hotel in San José on fire
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. […]
Basic rate will drop to 5.10%
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 […]
“Narco flight-attendant” will go to prison
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 […]
Central America seeks to solve 50 years of lag in ports
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 […]
PANI’s toll-free hotline
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 […]