The President of El Salvador, Nayib Bukele, assured on Tuesday that the country “will not stop” and will continue buying bitcoin for its strategic reserve, despite the fact that the crypto asset will no longer be legal tender in the local economy. “No, it does not stop (the purchase of bitcoin). If it didn’t stop …
Read more “El Salvador Continues Bitcoin Purchases Despite New Legal Status Change”
I was once in danger of freezing to death in Costa Rica. That’s right– imagine the irony of dying of hypothermia in the tropics. I drove a ragtop jeep over the Cerro de la Muerte in the darkest hours of the early morning, destination San Jose. Much like the earliest settlers, who sometimes froze to …
Read more “Tracing the Frozen Footprints on Costa Rica’s Historic Mountain of Death”
The San Sebastián River no longer has fish. The contaminated water it receives from an old gold mine killed them all. Now that mining has once again become legal in El Salvador, the fear is that this phenomenon will be reproduced in other parts of the country. The ban on metal mining, which had been …
Read more “Dead Rivers Alert Growing Environmental Crisis as Mining Returns to El Salvador”
Under strong pressure from US President Donald Trump, Hong Kong firm Hutchison announced Tuesday that it has agreed to transfer its stake in the operation of the Panama Canal and other port facilities to a US consortium. CK Hutchison Holdings will sell 90% of its shares in Panama Ports Company (PPC) and another series of …
Read more “Hong Kong Company will sell Panama Ports to a US Consortium”
Newell’s Old Boys, featuring Costa Rican goalkeeper Keylor Navas, finally returned to winning ways on Tuesday, defeating Atlético Tucumán 2-1 on the road in the Argentine Primera División Torneo Apertura. The victory ends a torrid run of five matches without a win, including four consecutive defeats, offering a glimmer of hope for the struggling Rosario …
Read more “Costa Rica Star Navas Shines in Newell’s 2-1 Victory”
A Honduran appeals court ordered three generals accused in the death of a protester in 2009 during demonstrations against the coup that overthrew leftist President Manuel Zelaya to return to preventive detention, the Judicial Branch reported on Monday. Retired generals Romeo Vásquez, 68, who was then head of the Armed Forces, Venancio Cervantes (69), and …
Read more “Honduran Generals Ordered Back to Prison in 2009 Coup Protester Death Case”
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 …
Read more “Costa Rica and Panama Launch Joint Migration Transit Program”
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 …
Read more “Costa Rican Volcanoes Awaken as Poás and Turrialba Show Increased Activity”
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 …
Read more “NASA and Costa Rica Unite to Track Red Tides from Space”
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 …
Read more “IMF Criticizes Costa Rica’s Exchange Rate Policy Amid a Stronger Colón”