Costa Rica and Panama Launch Joint Migration Transit Program

Costa Rica and Panama will coordinate the transportation of migrants returning southward by bus after failing in their attempt to enter the United States, in order to control a rising reverse migration flow, ministers from both countries announced on Monday. The plan consists of granting migrants a safe-conduct pass and transporting them by bus from …

NASA and Costa Rica Unite to Track Red Tides from Space

An unprecedented marine expedition in Latin America took place on the Pacific coast of Costa Rica, collecting data and samples for an international study that aims to detect red tides using satellite technology. Red tides are harmful algal blooms that can significantly impact marine ecosystems, public health, fisheries, and tourism. Their sudden appearance and unpredictable …

Costa Rican Volcanoes Awaken as Poás and Turrialba Show Increased Activity

The Turrialba and Poás volcanoes have shown increased activity in recent days, according to the Volcanological and Seismological Observatory of Costa Rica (OVSICORI). This weekend, Poás Volcano experienced several phreatic eruptions, releasing ash that reached as far as Sarchí. Additionally, a strong smell of sulfur was reported in nearby areas. Since Saturday, March 1, the …

IMF Criticizes Costa Rica’s Exchange Rate Policy Amid a Stronger Colón

The International Monetary Fund (IMF) has commented on Costa Rica’s exchange rate, urging the country to allow greater flexibility in response to market conditions and to avoid excessive accumulation of foreign exchange reserves. According to the IMF’s mission report, the Central Bank of Costa Rica (BCCR) should limit its interventions in the foreign exchange market …

Crypto Theft Hits $2.2 Billion as Hackers Target Digital Wallets

Cryptocurrencies like Bitcoin and Ethereum are targets of choice for online criminals, who often exploit weaknesses in major trading platforms or individual users’ digital “wallets” to make major scores. A recent $1.5-billion heist of Ethereum from the Bybit platform — attributed by the FBI to North Korean hackers — is believed to be the largest …

Trump’s Strategic Crypto Reserve Announcement Triggers Market Rally

President Donald Trump mentioned this Sunday five cryptocurrencies that his government is considering for a new “strategic reserve” of the United States, which caused their values to soar and partially reverse a recent decline. In a post on his Truth Social network, the Republican magnate said that a task force he created shortly after taking …

New Bill Aims to Curb Perpetual Tourism in Costa Rica

As most travelers know, our country is a top tourist destination known for its natural beauty and friendly culture. However, many visitors to Costa Rica are now extending their stays without changing their tourist status, a practice known as “perpetual tourism” that has raised concerns among both policymakers and local residents. In response, Frente Amplio …

Press Freedom Crisis: 300+ Nicaraguan Journalists Forced Into Exile

The organization Reporters Without Borders (RSF) described this Friday as a “shameful farce” the celebration on March 1 of Journalist’s Day in Nicaragua, as the government has “annihilated independent journalism” and forced about 300 communicators into exile. “It is a shameful farce,” emphasized a note signed by Artur Romeu, RSF’s director for Latin America, who …