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 […]
Costa Rica News, Summarized in English and Linked to the Source
Crude oil hits $48
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 […]
Central Bank wants to change the calculation of the exchange rate
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 […]
Legislator files appeal against fuel price increases
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 […]
APSE accuses MEP of breaching payment of CCSS quotas
The Association of Teachers of Secondary Education (APSE) filed an appeal against the Ministry of Public Education for non-compliance with the payment of employers’ quotas, which is affecting their access to health. The annoyance of APSE comes after the Costa Rican Social Security Fund (CCSS) refused in March to certify the incapacity and provide the […]
El Salvador, the first country to ban metal mining
El Salvador became the first country to enact a law banning metal mining, an activity rejected by environmentalists around the world. According to the new law published in the country’s gazette and signed by President Salvador Sánchez Cerén, No institution, rule, administrative act or resolution may authorize the exploration, exploration, exploitation, extraction or processing of […]