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Basic rate reaches 4.8% and could rise at a faster rate

June 9, 2017 by Staff News Writer

The basic passive rate (TBP) reached 4.8%, the highest level recorded in the year according to data provided by the Central Bank on its Internet site. The indicator had not reach this figure since September 2016. From January to date, the rate has increased by 35 basis points. The increase this week is due to […]

Filed Under: News Reports

Irazú Volcano experienced 30 earthquakes in a single morning

June 9, 2017 by Staff News Writer

The Volcanological and Seismological Observatory of Costa Rica of the National University (OVSICORI-UNA), reported that until 9:00 a.m. on Thursday, 30 earthquakes were located in the vicinity of Irazú Volcano. According to the volcanologists, seismicity is associated with a local fault that recurrently registers seismic activity. They also indicated that with the passage of time, […]

Filed Under: News Reports

Americans targeted one thousand elderly CR for millionaire scam

June 9, 2017 by Staff News Writer

Through a call center, six subjects tricked one thousand elderly people telling them they could win the prize of a national lottery. In total, the Judicial Investigation Agency (OIJ) arrested five Americans who lived in the country and conducted the fraud. According to Wálter Espinoza, director of the OIJ, the scam is close to $ […]

Filed Under: News Reports

Poás and Turrialba volcanoes remain active

June 9, 2017 by Staff News Writer

The National University’s Volcanological and Seismological Observatory (OVSICORI-UNA) reports significant low-amplitude tremor activity in the Poás and Turrialba volcanoes during the last 24 hours. According to their report, Poás Volcano shows low amplitude tremors with a series of low-amplitude LP-volcano-tectonic earthquakes. It also reports strong continuous degassing with a column of water vapor, magma gases […]

Filed Under: News Reports

Venezuelan prosecutor files appeal to cancel Maduro’s Constituent Assembly

June 9, 2017 by Staff News Writer

Venezuelan Attorney General Luisa Ortega said on Thursday that she has filed a motion of nullity against the Constituent Assembly convened by President Nicolás Maduro, on the grounds of violation of democracy and popular sovereignty. I am trying to defend the people’s sovereignty, to defend the Constitution, to defend participatory democracy, to defend Venezuelans, because […]

Filed Under: News Reports

New Executive President of the CCSS defended decision by President Solís

June 9, 2017 by Staff News Writer

Fernando Llorca, the new executive president of the Costa Rican Social Security Fund (CCSS), referred to his role within the institution as of Thursday. He came to replace María del Rocío Sáenz, who announced her departure after President Luis Guillermo Solís asked her to resign for not following the line of the Executive regarding the […]

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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