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Archives for April 2017

Volcanologists confirm formation of new crater in Poás

April 28, 2017 by Staff News Writer

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 […]

Filed Under: News Reports

ICE moves ancient petroglyph to protect it

April 28, 2017 by Staff News Writer

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 […]

Filed Under: News Reports

“Venezuela is a mess … I’m sad,” says Trump

April 28, 2017 by Staff News Writer

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 […]

Filed Under: News Reports

Crude oil hits $48

April 28, 2017 by Staff News Writer

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 […]

Filed Under: News Reports

Central Bank wants to change the calculation of the exchange rate

April 28, 2017 by Staff News Writer

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 […]

Filed Under: News Reports

Legislator files appeal against fuel price increases

April 28, 2017 by Staff News Writer

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 […]

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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