Tag Archives: Costa Rica

Mexico Ranks Second Worldwide in Capital Flight

By THE PULSE NEWS MEXICO STAFF Mexico placed as the country with the second-highest rate of capital flight in February, according to a report released earlier this week by the U.S. Treasury Department. In total, $11.531 billion in government bonds and corporate securities left the country in February, the Treasury Department said. Only Brazil registered a higher rate of capital

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White House Official Elected to Head IDB

Newly elected head of the Inter-American Development Bank Mauricio Claver-Carone. Photo: El Nuevo Herald

XINHUA Mauricio J. Claver-Carone, a senior White House official, was elected on Saturday, Sept. 12, to head the Inter-American Development Bank (IDB) amid strong opposition from Latin American countries and senior experts. Claver-Carone, who will succeed current President Luis Alberto Moreno, will take office on Oct. 1 for a five-year term, the IDB said in a statement. The IDB, bowing

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Covid-19 Cases Continue to Rise in Latin America

XINHUA The incidence of Covid-19 cases continued to climb in Latin America this week, with Mexico reporting its eighth confirmed case on Tuesday, March 10, a German citizen in Puebla who recently traveled to Italy. Mexico is also conducting tests on at least 40 people who came in contact with the victim Meanwhile, the region’s biggest country, Brazil, reported Tuesday

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Develop the Isthmus? Not Again

By RICARDO CASTILLO     What’s new in Mexican news? Most definitely not President Andrés Manuel López Obrador’s (AMLO) “new” program that he touted over the weekend of April 27 and 28 as the “Development Curtain” to be built along the Isthmus of Tehuantepec – the narrowest land space in southeastern Mexico, between the Pacific and the Atlantic. This same project has

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Venezuela Represents Acid Test for AMLO’s Diplomacy

By RICARDO CASTILLO     Mexico’s new brand of diplomacy is about to undergo its first acid test. On Friday, Jan. 4, the Foreign Relations ministers or secretaries of the 14 Latin American nations that make up the Lima Group (a multilateral body that was established following the Lima Declaration on Aug. 8, 2017, in the Peruvian capital under which representatives of 17 countries

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