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Archives for November 22, 2016

Panama must take immediate actions against tax evasion and money laundering

November 22, 2016 by Staff News Writer

A panel of experts, created after the Panama Papers scandal, stated that the Country must establish immediate commitments to the international community and take actions against tax evasion and money laundering. The committee, initially created by US economics Nobel Laureate Joseph Stiglitz and Swiss anti-corruption expert Mark Pieth, was created in April by the government […]

Filed Under: News Reports

Turrialba volcano’s constant eruption continues

November 22, 2016 by Staff News Writer

Turrialba Volcano’s activity remains constant within the normal conditions of recent months. Between noon and 2 p.m. on Monday, the Volcanological and Seismological Observatory (OVSICORI) reported the eruption of ash and winds carrying sediments to the south of the crater, and some nearby destinations in Turrialba. This can be seen in the video posted on […]

Filed Under: News Reports

Oil on the rise: approaching $50 a barrel

November 22, 2016 by Staff News Writer

Oil closed sharply higher on Monday driven by the prospect of an agreement between OPEC to reduce supply. In New York, the light sweet crude (WTI) for January delivery gained $1.88, reaching $48.24. In the London market the barrel of Brent for January increased $2.04, reaching 48.90$. Many traders believe OPEC is close to reaching […]

Filed Under: News Reports

Follow these tips to protect yourself from the storm

November 22, 2016 by Staff News Writer

Forecasts for the tropical depression that would probably become a hurricane are alarming Costa Ricans. The National Emergency Commission (CNE) declared a yellow alert throughout the national territory due to heavy rains that hit the territory and could intensify. The National Meteorological Institute (IMN) confirmed that the depression will reach storm force soon. According to […]

Filed Under: News Reports

Government to pay ¢195 billion in bonuses on December 2nd

November 22, 2016 by Staff News Writer

On December 2nd, the Ministry of Finance will pay ¢195 billion in bonuses to nearly 210,000 active officials, temporary or substitute staff and pensioners from the National Budget. This represents 4.5% more than last year, as a result of wage increases. This money is distributed as follows: 44.5% to workers from the Ministry of Education […]

Filed Under: News Reports

Almost 70 girls and young women become pregnant each day in El Salvador

November 22, 2016 by Staff News Writer

Half of Salvadoran pregnant girls stay with their partners forcibly, which frustrates their education, says a UN report. An average of 69 children and teenagers between 10 and 17 years old become pregnant every day in that Central American country, 55% of them live in de facto union and only 7.1% are married. According to […]

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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