The man picked to lead Costa Rica's Central Bank rejected Citigroup's decision to cut its economic forecast for the country in half after Intel and Bank of America said they would fire 3,000 people.
"It is a message to the world that this country is still thinking big," the president of the Central American Aeronautics and Space Administration said on Monday.
Critics say that unusually high productivity in the banana sector has come at the expense of Guatemala’s thousands of non-unionized banana workers – as Dole, Bonita and other multinational companies engage in a “race to the bottom” by paying salaries as low as $3 a day. Banana company bosses dispute those allegations.
On U.S. leadership, Costa Rica had the second highest approval rating of any country surveyed in the region, behind only Haiti, according to a Gallup survey of 24 countries in Latin America and the Caribbean.
The pontiff credited with helping to bring down Communism in Eastern Europe – and whose canonization was made possible by a supposed miracle in Costa Rica – was accused of backing right-wing dictators in Latin America including Augusto Pinochet in Chile during the Cold War.
Chinese Foreign Minister Wang Yi, on a tour of Latin America, met his Venezuelan counterpart Elías Jaua on Monday. China has pledged to invest more than $20 billion in Venezuelan oil and social cooperation.
Carlos Arredondo returned to the Boston Marathon on Monday, a year after the Costa Rican helped rescue a wounded runner after a terrorist attack at the 2013 race.
MEXICO CITY – Mexico bid farewell Monday to its beloved adopted son, Colombian novelist Gabriel García Márquez, in a national tribute filled with the late Nobel winner's favorite roses and music.
On Saturday night, assailants robbed three U.S. tourists in Costa Rica's capital San José in an attack that ended with one of the victims rushed to Calerdón Guardia Hospital with a gunshot wound to the chest.
