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COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

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Monthly Archives: May, 2015

UN: Foreign investment in Latin America falls 16 percent in 2014

SANTIAGO, Chile – Foreign direct investment in Latin America and the Caribbean fell 16 percent in 2014, reversing a decade-long growth trend as the region's economies slowed, a U.N. panel said Wednesday.

Costa Rica’s soccer chief arrested in FIFA corruption probe

Eduardo Li, a FIFA executive committee member from Costa Rica, was among seven people arrested at the luxury Zurich hotel where they were preparing for a congress starting Thursday. All now face deportation to the United States on charges of accepting more than $100 million in bribes.

Saving Costa Rica’s Wildlife, One Baby Sloth at a Time

A baby sloth snuggles into a basket. The sloth’s fur is white and brown, and its texture looks as soft as a freshly laundered...

Pedestrian fatalities in Costa Rica currently outnumber drunk driving deaths

Article 147 of the country’s Traffic Law stipulates fines of ₡21,963 ($40) for pedestrians walking on roads or jaywalking.

Costa Rica’s oil refinery wants to increase fuel prices – again

Higher fuel prices approved last Friday haven't even gone into effect yet, but that hasn't stopped the National Oil Refinery (RECOPE) from seeking a new hike of ₡9 in the per-liter prices of gasoline and diesel.

Venezuela’s currency collapses 30 percent on black market

The stunning collapse of Venezuela's bolivar in black market trading this month -- it fell to as low as 423 bolivars per dollar from 279 at the start of the month -- has left Venezuelans scratching their heads, with many wondering why it has sunk below the value of gold and hard currency the central bank has to back it.

Costa Rica beach drowning victim identified as US tourist

The Judicial Investigation Police and U.S. Embassy in San José confirmed the man’s identity as 34-year-old Ibrahim Karadsheh.

23 temblors shake Cartago starting Monday night

The strongest, a magnitude-4.2 degrees, was recorded at 8:50 p.m. with its epicenter located 9 kilometers northeast of San Rafael de Oreamuno.

Costa Rica’s popular Highway 27 to Pacific at risk from rains

The National Structural Materials and Models Laboratory has raised concerns about the deterioration of a concrete cap poured over rock face to hold back the hillside along the route during heavy rains. If action is not taken in the near term, LANAMME said drivers could be in danger of landslides.

Beachcombing along the Caribbean drug trail in Nicaragua

EL BLUFF, Nicaragua – It’s Saturday morning, and the beach by this southeast Nicaraguan village is full of seaweed and plastic waste. The waves of the Caribbean Sea are choppy because the rainy season has just begun. Conditions are perfect for a day of beachcombing, says 62-year-old Javier Duncan. But he’s not talking about normal sea trash.

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