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COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

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Road blockades continue; Tourism Chamber asks for free transit

The Presidency says the financial support is necessary to prevent an economic crisis. Critics, meanwhile, argue the loan is not needed

Fewer blockades Friday after overnight police action

The Public Security Ministry (MSP) intervened late Thursday night and early Friday morning to clear roadblocks on several important Costa Rican roads, authorities reported. 

Costa Rica endures second day of road blockades as protests continues against IMF deal

Daniel Calderón, director of the National Police, said that 22 blockade points were reported throughout the country — although none were in San José, unlike Wednesday.

Ports and highways blocked in rejection of Costa Rica’s IMF proposal

Protesters blocked roads and ports in different parts of Costa Rica on Wednesday

Some 34 million jobs lost in Latin America due to pandemic

Costa Ricans are more concerned about unemployment than the coronavirus pandemic

Costa Rica mired in difficult internal negotiations regarding agreement with IMF

President Alvarado and Corrales agreed that the absence of an agreement will bring dire consequences for the country, with the risk of a higher deficit, devaluation and consequent inflation, more poverty and more unemployment.

Protests to block Costa Rica roads, cause other disruptions Wednesday

Planned demonstrations throughout the country could block Costa Rican highways and cause other disruptions Wednesday.

President of Costa Rica warns of growing inequality due to pandemic

The President of Costa Rica, Carlos Alvarado, warned that inequalities between rich and emerging countries are widening as a result of the Covid-19 pandemic, which he said threatens to impact democracies, trade and migration.

IMF confirms beginning of conversations with Costa Rica for $1.75 bn loan

The International Monetary Fund (IMF) on Thursday confirmed it has begun preliminary negotiations with Costa Rica for a $1.75 billion loan.

IMF predicts ‘partial and uneven’ recovery in Latin America due to Covid-19

The IMF has granted emergency aid to almost 80 countries, 20 of them in Latin America. And Okamoto said it remains ready to support the nations in need.

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