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A.M. Costa Rica
Your daily English-language news source Monday through Friday |
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Big cut announced in motor fuel prices By the A.M. Costa
Rica staff
The nation's regulatory agency said that it has approved a cut in the price of motor fuels to bring them to the lowest levels for gasoline since January 2009. For diesel, the price is the lowest since May 2006, said the agency, the Autoridad Reguladora de Servicios Públicos. The prices still are no bargain. A U.S. gallon of regular will be $3.03. Super will be $3.18 a gallon, and diesel will be $2.46 a gallon. The prices that were approved were 424 colons per liter of regular, 445 colons for a liter of super and 345 for a liter of diesel. The price reductions are 116 colons for a liter of regular (about 22 U.S. cents), 115 colons for super and 106 colons for diesel, about 20 U.S. cents. The primary reason for the price reductions is the value of petroleum on the world market, said the agency. Costa Rica imports all its petroleum products. Prostitution alleged in Puntarenas By the A.M. Costa
Rica staff
Judicial investigators said they detained a 55-year-old woman at a bar-restaurant in Puntarenas Thursday night on suspicion that she was running a prostitution operation. Agents said there were young women working at the business. Collision with oxen proves fatal By the A.M. Costa
Rica staff
A 62-year-old motorcycle operator died Thursday on a highway that links Tamarindo with Santa Cruz when his vehicle collided with a team of oxen, said the Judicial Investigating Organization. He was identified as Orlando Gómez Gutiérrez. Deadline set for expressing political views By the A.M. Costa
Rica wire services
Readers are invited to express their preferences for party nominations and the elections for U.S. president, national level lawmakers and other officials. This newspaper will publish these preferences as letters through Friday, Oct. 14. The U.S. general elections are held on Tuesday, Nov. 8. Each letter should be of reasonable length and free standings in that it should not dispute the comments of a previously published letter. The letter should make and support its own arguments. Letters will be published with the name of the writer and the community in which the writer lives. Sometime in the third week of October, A.M. Costa Rica will publish its election endorsement and have the last word. There will be no further campaign letters published. Those supporting a candidate are reminded that U.S. voters in Costa Rica need some lead time to cast their ballots and send them in to be counted.
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| What we published this week: | Monday | Tuesday | Wednesday | Thursday | Friday | Earlier |
| The contents of this Web site
are copyrighted by Consultantes Ro Colorado S.A
2065 and may not be reproduced anywhere without
permission. Abstracts and fair use are permitted. Check HERE for details |
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| A.M. Costa Rica Third News Page |
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| San José, Costa Rica, Monday, Feb. 29, 2016, Vol. 17, No. 41 | ||
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| Armed
motorist turns the tables on would-be stickup artist |
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By the A.M. Costa Rica staff
Health warning for crooks: Sticking up a car mired in traffic can be hazardous to your health. An example is an 18 year old judicial investigators identified by the last name of Bermúdez. The man is the principal suspect in an attempted stickup of a motorist and his family in San Sebastián Friday night about 9 p.m. The Judicial Investigating Organization said that the man, later identified as Bermúdez approached the passenger window of the vehicle and displayed a firearm. The man demanded items carried by the vehicle occupants. One of those items was a pistol carried by the driver, who was not identified. The driver appears to have been skilled in using it. Agents said later that the robbery suspect sustained seven |
bullet
wounds. He died at the scene. The motorist, 35, drove to a nearby police station and surrendered. That might have been a wise move because the Fuerza Pública quickly detained a second individual, 21 years of age, who picked up the firearm of the dead suspect and was fleeing. Investigators have not concluded if the two men were working as a team. The robbery attempt of a motorist is not unique. Frequently individuals with guns take the vehicle after threatening the driver, the so-called bajanazo. Police said that the vehicle driver was fully permitted to carry a concealed weapon. Prosecutors will study the case, and, if policy is followed, the firearm of the motorist will be confiscated for testing. |
| Health
and tourism officials ask for redoubled effort against
zika |
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By the A.M. Costa Rica staff
The Ministerio de Salud and
the Instituto Costarricense de Turismo are
calling on tourism operators to redouble their efforts
to control and reduce as far as possible cases of the
zika virus.
The ministry and the institute are seeking the elimination of potential breeding spots for the Aedes aegypti mosquito. The announcement Friday also is a recognition of the public relations damage the zika virus can do to tourism, both national and international. The Comisión Nacional de Emergencia said it is using the most recent emergency declaration to transfer funds that are not marked for other purposes to fight the virus. A number of the governmental and non-governmental agencies and organizations are going public and stressing the work they are doing to eliminate the breeding spots. The only effective direct efforts against the mosquito are fumigating and the elimination of breeding spots. Such efforts also are effective against the dengue virus and chikungunya, both carried by the same species of mosquito. Zika causes the most concern because of the potential impact on unborn children. |
 Refinadora
Costarricense de Petróleo photo
Scenes like this are being repeated all over the
country. Here workers for the state petroleum monopoly
conduct a cleanup in Puntarenas.The national petroleum monopoly, the Refinadora Costarricense de Petróleo, for example, announced that its workers had collected more than a ton of trash last Thursday in Barrio El Carmen, Puntarenas. |
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| You need to see Costa Rican tourism information HERE! |
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| What we published this week: | Monday | Tuesday | Wednesday | Thursday | Friday | Earlier |
| The contents of this Web site
are copyrighted by Consultantes Río Colorado S.A.
2016 and may not be reproduced anywhere without
permission. Abstracts and fair use are permitted. Check HERE for details |
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| A.M. Costa Rica's Fourth News page | ||
| San José, Costa Rica, Monday, Feb. 29, 2016, Vol. 17, No. 41 | ||
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| Diversity
is rewarded and protested at the Oscar Awards |
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By the A.M. Costa Rica wire
services
Hollywood's biggest stars walked the world's most famous red carpet Sunday to attend the 88th Academy Awards ceremony, the film industry's highest honors. This year's show, hosted by comedian Chris Rock, has been marked by controversy regarding the lack of diversity of its nominees. For the second year in a row, only white actors and actresses were chosen for the top four categories, best actor/actress and best supporting actor/actress. The resulting backlash led to several African-American actors and actresses, such as Spike Lee and Jada Pinkett Smith, boycotting the event. Rock opened the show with jokes about the controversy. "I'm here at the Academy Awards, otherwise known as the white People's Choice awards. You realize if they nominated hosts, I wouldn't even get this job. You'd be watching Neal Patrick Harris right now." Harris, who is white, hosted the event last year. The last black host was Rock himself in 2005. The 51-year-old Rock also got serious during his opening monologue. "We want opportunities," he said. "We want black actors to get the same opportunities, that's it," he said to rousing applause. "Spotlight" a film about the Boston Globe's Pulitzer Prize-winning investigation into child sex abuse by Catholic priests won the oscar for best picture. Heavy favorite Leonardo DiCaprio won the oscar for best actor in a leading role for his performance in "The Revenant." He thanked co-star Tom Hardy and director Innarityu in his acceptance speech. "Let us not take this planet for granted. I do not take this night for granted," he said in his acceptance speech referring to the dangers of climate change. Brie Larson took the oscar for best actress in a leading role for her performance in "Room." Alejandro G. Inarritu won the oscar for best director for "The Revenant," this year's most nominated film, featuring DiCaprio as a fur trapper who almost dies after being mauled by a bear. "I am very lucky to be here tonight but unfortunately many others haven't had the same luck," he said during his acceptance speech, referring to the diversity controversy. Jimmy Napes and Sam Smith won the oscar for best original song for "Writing's on The Wall" from the movie “Spectre". "I stand here today as a proud gay man," Smith told the audience, dedicating his award to the LGBT community. Smith and Napes beat out Lady Gaga who along with Diane Warren wrote the song "Til It Happens to You," from the film "The Hunting Ground," an expose on rape crimes on U.S. college campuses. U.S. Vice President Joe Biden made a surprise appearance at Sunday night's show where he asked people to pledge to intervene in sexual encounters when consent has not been given. He then introduced Lady Gaga who sang "Til It Happens to You". The film "Son of Saul" from Hungary won the oscar for best foreign language film. First-time nominee Mark Rylance won the oscar for best actor in a supporting role for his performance in "Bridge of Spies" in which he played a Russian operative. During his acceptance |
 Voice of
America photo
Mark Rylance, winner of the award for best actor in
a supporting role for 'Bridge of Spies,' Brie Larson,
winner of the award for best actress in a leading role
for 'Room,' Leonardo DiCaprio, winner of the award for
best actor in a leading role, and Alicia Vikander, best
actress in a supporting role for 'The Danish Girl.' speech, which was cut short, he praised co-star Tom Hanks and director Steven Spielberg. The award for best actress in a supporting role went to 27-year-old Sweden-born actress Alicia Vikander for her performance in "The Danish Girl." The film "Mad Max: Fury Road" has won the most awards so far, a total of six, for best costume design, best production design, best makeup and hair styling, best film editing, best sound editing and best sound mixing. The South American country of Chile won its first oscar in the best animated short film category for "Bear Story," which Gabriel Osorio and Pato Escala accepted. In what was undoubtedly a first at this year's show, host Rock asked the audience to reach into their millionaire pockets and buy some Girl Scout cookies to help his daughters sell a record amount this year. Girl Scouts armed with cookies circulated throughout the audience who were holding up money to buy the cookies. Protesters urging a boycott of the Academy Awards congregated near the Dolby theatre where the awards were being presented Sunday. Dozens of protesters converged on the corner of Sunset Boulevard and Highland Avenue, holding signs and calling for more diversity in feature films. Some of the signs included the slogans, "Hollywood Must do Better'' and "Shame on You.'' List of Winners in major
categories:
* "Mad Max: Fury Road" won 6 awards: for best costume design, best production design, best makeup and hair styling, best film editing, best sound editing and best sound mixing. Best picture - "Spotlight" Best director - Alejandro G. Iñárritu for "The Revenant" Best cinematography - "The Revenant" Best original screenplay - "Spotlight" Best actor in a leading role - Leonardo DiCaprio for "The Revenant" Best actress in a leading role - Brie Larson for "Room" Best actor in a supporting role - Mark Rylance for "Bridge of Spies" Best actress in a supporting role - Alicia Vikander for "The Danish Girl" Best foreign language film - "Son of Saul" from Hungary Best Original Song - "Writing's on the Wall" from “Spectre” by Jimmy Napes and Sam Smith. |
Here's reasonable
medical care
Costa Rica's world class medical specialists are at your command. Get the top care for much less than U.S. prices. It is really a great way to spend a vacation. See our list of recommended professionals HERE!amcr-prom
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| What we published this week: | Monday | Tuesday | Wednesday | Thursday | Friday | Earlier |
| The
contents
of
this Web site are copyrighted by Consultantes Río
Colorado S.A. 2016 and may not be reproduced anywhere
without permission. Abstracts and fair use are permitted. Check HERE for details |
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A.M. Costa Rica's
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Tuesday called biggest
day
in U.S. presidential primaries By the A.M. Costa Rica wire
services
Tuesday is the biggest day so far in the 2016 U.S. presidential nominating campaign, with challengers looking to curb the momentum for the front-running candidates, real estate billionaire Donald Trump in the Republican race and former secretary of State Hillary Clinton in the Democratic contest. Eleven states vote on what is called Super Tuesday, awarding nearly a quarter of the delegates the presidential contenders need at the Republican and Democratic national party conventions in July to win their party nominations before the victors square off in November's national election. "It's the most important day in the campaign," a conservative firebrand, Sen. Ted Cruz of Texas, told CNN Sunday. Cruz said he expects to beat Trump in the Republican primary in his home state, the large southwestern state where more convention delegates are at stake in both parties' primaries than in any of the other 10 states voting Tuesday. With the exception of Texas, political surveys show Trump leading throughout the states that vote Tuesday, but Cruz said he is running neck and neck with Donald in a number of states He disparaged Trump, a one-time television reality show host, as likely to lose to Mrs. Clinton in the November election and said Trump doesn't even know what he'd do as president should he win the race to the White House. But Cruz acknowledged in an interview with CBS' “Face the Nation” that "there is no doubt that if Donald steamrolls through Super Tuesday, wins everywhere with big margins, that he may well be unstoppable" to win the Republican nomination. Trump has already won three of the first four states to hold Republican nominating contests. Sen. Marco Rubio of Florida, who is calling Trump a con artist, is not predicting he will win any of the Super Tuesday contests, but told CBS that Trump, with a penchant for insulting his opponents, would not eventually be the Republican nominee. "It's not going to happen," Rubio said. He added that if Trump were to become the Republican presidential nominee, "it will split us and splinter us in a way that we may never be able to recover, and the Democrats will be joyful about it." Rubio is making campaign stops in several states before the Tuesday elections, hoping to win convention delegates that are being awarded proportionally based on the vote count in each state. He is also looking ahead to March 15, when his home state of Florida votes in a winner-take-all primary, although surveys taken before Rubio unleashed a verbal assault on Trump at last week's debate show Trump ahead in the southeastern U.S. state as well. The Republican front-runner drew questions on Sunday news shows about support for his campaign voiced by white supremacist David Duke and Trump's passing along a quote from Benito Mussolini, the World War Two-era Italian dictator, on Twitter. Trump, who has never held public office, declined a chance to disavow Duke's embrace, saying he did not know him and knows nothing about white supremacists. Trump said he retweeted the quote from the fascist Mussolini, "It is better to live one day as a lion than one hundred years as a sheep, because he thought it was a very interesting remark Mrs. Clinton scored a resounding victory in Saturday's Democratic primary in the Atlantic coastal state of South Carolina, beating her lone rival Sen. Bernie Sanders of Vermont, a self-declared democratic socialist, by 3-to-1. She is favored in most of the 11 states voting in Tuesday's Democratic contests, but Sanders's campaign said it has a good shot at winning five of the states, especially ones outside of the southern tier of states where black voters favoring Clinton comprise a large part of the Democratic electorate. Sanders is expected to win in Vermont, his small home state in the Northeastern U.S. where few delegates are at stake, and also contend in the neighboring state of Massachusetts, the Western state of Colorado and the northern state of Minnesota. Mrs. Clinton, in celebrating her South Carolina victory, seemed to be looking ahead to a general election match-up with Trump, who also is predicting a face-off with her. Mrs. Clinton, the country's top diplomat from 2009 to 2013, mocked Trump's campaign slogan, "Make America Great Again" and his call to build an impenetrable wall along the southern U.S. border with Mexico to halt the stream of illegal immigrants into the United States. "Despite what you hear, we don't need to make America great again. America has never stopped being great," she said. "But we do need to make American whole again. Instead of building walls, we need to be tearing down barriers."
Protest over Ku Klux Klan leaves 3 hurt and 13 arrested By the A.M. Costa Rica wire
services
Three people were stabbed and 13 people arrested when members of a white separatist group clashed with a larger group of counter-demonstrators outside of Los Angeles Saturday, police said. The violence occurred in the city of Anaheim, near the famed Disneyland theme park. A police spokesman said several protesters had arrived ahead of time to protest a planned anti-immigration rally by a local chapter of the Ku Klux Klan. When the Klansmen arrived to begin their rally, they were surrounded by the counter-demonstrators and attacked. All three stabbing victims were counter-demonstrators. One of them was stabbed by a Klansman with the sharp end of a flagpole. Two Klansmen were stomped on by several of the protesters. The police spokesman said six Klan members and seven protesters were arrested, and all face charges of assault with a deadly weapon. The Ku Klux Klan was founded in the southern U.S. state of Tennessee in 1866, one year after the anti-slavery Union army defeated the army of the slave-holding Confederate states to bring an end to the Civil War. Initially aimed at terrorizing newly freed African-American slaves, the KKK's ranks grew through the later part of the 19th century and first half of the 20th century as it fought against racial integration across the United States. Klansmen were once the dominant political force in Anaheim, holding four of five City Council seats before a recall effort led to their ouster in 1924. A-10 Thunderbolt to stay in the U.S. military arsenal By the A.M. Costa Rica wire
services
The U.S. has put off the retirement of a 1970s era fighter plane, citing its effectiveness in the fight against the Islamic State military group among the reasons for keeping the jets flying. The A-10 Thunderbolt, nicknamed the Warthog, is a close-support aircraft designed in the early 1970s to counter Soviet armored forces. The twin-engine jet is not fast, but is able to engage a wide variety of ground targets with its main gun, a 30mm cannon, as well as missiles, rockets and other munitions launched or dropped from wing pylons. The plane is also extremely durable and can withstand considerable damage from ground fire and keep flying. The A-10 was first used in combat during the 1991 Gulf War and destroyed thousands of Iraqi tanks, armored vehicles and artillery pieces. It has played a role in most major U.S. military action since then, including the Balkans conflict in the late 1990s, the Iraq War and Afghanistan. The U.S. Air Force has called for retiring the A-10, citing budget savings and saying the aircraft's role can be filled by newer, more versatile planes. But the 2017 Defense Department budget says the Warthog will keep flying at least through 2022. This week, U.S. Defense Secretary Ashton Carter told Congress the A-10's usefulness combating the Islamic State in Iraq and Syria is one reason the Pentagon wants to keep the plane. "I saw some of the A-10s that are flying bombing missions against ISIL when I was at Incirlik Air Base in Turkey last December, and we need the additional payload capacity they can bring to the fight," Carter told a House Appropriations subcommittee Thursday. "We're pushing off the A-10's final retirement until 2022 so we can keep more aircraft that can drop smart bombs on ISIL." ISIL is another acronym for Islamic State. Sen. John McCain, a long-time supporter of the A-10, said earlier this month he was pleased the Warthog would remain in the U.S. arsenal. “I look forward to seeing our A-10 pilots continue to make important advances in the fight against ISIL in the Middle East, boosting NATO’s efforts to deter Russian aggression in Eastern Europe, and supporting vital missions for U.S. national security wherever they are needed,” McCain said in a statement. Survey shows young people are optimistic, anti-corporate By the A.M. Costa Rica wire
services
While the Republican candidates for president have loudly lamented the steep decline of America, new research by a GOP pollster suggests young people are far more optimistic about the country’s future. “They’re refreshingly, resoundingly sunny about America’s future,” Frank Luntz writes. “This generation simply rejects the gloom and doom, even as their parents and grandparents fret that America is in decline.” The right-wing political consultant recently completed a national survey of 1,000 Americans between the ages of 18 and 26. He found that 88 percent of respondents are at least somewhat optimistic about their future, while 54 percent reported being extremely optimistic or very optimistic about their tomorrows. While leading presidential candidate and businessman Donald Trump frequently talks about making America great again, 61 percent of the young people in the survey believe the nation’s best days are still ahead. Just 39 percent felt the best days were behind. However, this youthful optimism does not extend to politicians and corporate America. Sixty-six percent of young people believe corporations embody everything that is wrong about America. Elected officials fare only slightly better. The survey found 60 percent of young people felt Washington embodies everything that is wrong about America. In fact, when presented with 16 pressing issues facing the country, the younger Americans said they were most worried about the widening gap between the rich and the poor. The high cost of a college education was the second most pressing issue. All of this is a cause for alarm, according to Luntz, who writes, “The hostility of young Americans to the underpinnings of the American economy and the American government ought to frighten every business and political leader.” What might also frighten conservatives is who young people admire most when asked about political figures. Democrats Bernie Sanders (31 percent), President Barack Obama (18 percent) and Hillary Clinton (11 percent) top the list. Republicans lag behind with Donald Trump (9 percent), Ted Cruz (5 percent) and Marco Rubio (3 percent). President Obama is the person that first- and second-time voters would most like to have dinner with. Forty-four percent of the 18-to-26 year olds interviewed considered themselves Democrats, compared to 15 percent who identified as Republicans. The remaining 42 percent of young voters consider themselves to be independents. Flint residents are battling to handle their water crisis By the A.M. Costa Rica wire
services
In a tree-lined neighborhood in Flint, Michigan, the arrival of the American Red Cross disaster truck is a welcome sign of relief outside of Terence Johnson's brown brick home. Now Johnson, who works a construction job, might finally be able to take a bath, thanks to the supplies on the truck. "Right now it's not safe to shower," he said. "It's not safe to bathe unless you use bottled water." Johnson believes it isn't safe because, among other concerns, Flint's water has high levels of lead. Johnson says he won't be the first one to wash with the bottled water he gets from the Red Cross truck. But he says he makes sure the elderly citizens who live near him get water before he uses what's left to clean himself up. Calling it a proper "bath," however, is a stretch. "You're taking bottled water, and you're heating it in the microwave, or on the stove, and then pouring it in the face bowl and bathing with it," Johnson said. Johnson says the last time he had a real shower was sometime late last year. April 2014 is when city officials switched from using Detroit's water supply to the local Flint River. It was supposed to answer the water needs of this city of about 100,000 people. But the corrosive properties of the river water flowing through old pipes throughout Flint leached harmful levels of lead into the water supply. Last year, doctors discovered high levels of lead in the blood of local children, which finally put the problem in the spotlight. Now, residents like Johnson are at the center of a water crisis, which has no clear end in sight. "I'm angry that people didn't know about it," he says. "I'm angry that people wasn't informed about it in 2014 when it first started." As government officials scramble for solutions, the ongoing concern about safe drinking water in the city of Flint is taking a toll on people like Johnson who have decided to stay. "I think people in office didn't care," Johnson said. "You know, people who were responsible for this didn't care." Virginia police officer dies on first day on job By the A.M. Costa Rica wire
services
A police officer in the eastern U.S. state of Virginia was shot and killed Saturday afternoon during her first full day in uniform. Officer Ashley Guindon and two other officers with the Prince William County police force were responding to a domestic disturbance call in a community located nearly 50 kilometers southwest of Washington when they were shot. The trio were taken to a hospital where Guindon later died of her injuries. Prosecutor Paul Ebert reported the other two officers were in OK condition. Guindon, who had spent several years serving in the U.S. Marines, was just sworn in as a police officer Friday. The department posted a picture of Guindon and another newly sworn-in officer with a message that ended with "Be safe!" Prince William police said the suspect, identified as Ronald Hamilton, a 32-year-old Army staff sergeant assigned to the Pentagon, killed his wife and then ambushed the police officers with rifle shots as they approached his residence. Ebert said he would pursue a capital murder conviction against Hamilton. |
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| What we published this week: | Monday | Tuesday | Wednesday | Thursday | Friday | Earlier |
| The
contents
of
this Web site are copyrighted by Consultantes Río
Colorado S.A. 2016 and may not be reproduced anywhere
without permission. Abstracts and fair use are permitted. Check HERE for details |
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| A.M. Costa Rica sixth news page |
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Mud, mud, glorious
mud!
For the real gardener there is
nothing like a four-shower day. We are out in the
early morning, pulling a few weeds, transplanting the
tomatoes,
Yesterday you noticed that the winds were playing havoc with some of the taller plantings, and you really need to do something about that. Off you go to cut some nice long poles (2 meters at least), grab the posthole digger, and check out the shade cloth. Quick call to spouse. “Need more shade cloth.” And off to plant the poles. The shade cloth will protect everything until you can get things transplanted as a windbreak; maybe some nice crotons. Now we need a shower before lunch. Cannot make a sandwich with those hands (or eat it with them). Muscles feeling a bit overworked? Just crank up the heat and relax a bit, then enjoy a beer with lunch. Back in the yard, it’s time to do some hydraulic mining. After all, it’s getting awfully hot and a solid spray from the hose is just the thing to keep you cool. What is hydraulic mining in the gardening sense? It’s using the high-powered spray to clear the dirt and mud from the roots of a long-downed-in-the-shade garden. That’s where the orchids want to be and they must be catered to. Turning the hose on all that junk is the fastest way to move it and leaves the roots ready for orchids. Then back in the shower because there is no way to get dirtier than using a hose on clay soil, and you can’t take your afternoon swim without a shower. Only a little after 3 in the afternoon and there is still time to spread some of that well-rotted manure you have been saving for the fruit trees. The leaf-cutters have been at them again and they need a nice boost. Naturally, you have to get down on your hands and knees to work the manure into the soil, and then it’s back to the shower or you get no dinner tonight. So there you have it, the four-shower day. It may not have been your day, but it was definitely mine. I may be too old to do this every day, but it’s nice to know I can still go for it occasionally. If you would like to suggest a topic for this column, simply send a letter to the editor. And, for more garden tips, visit https://www.facebook.com/pages/ Arenal-Gardeners/413220712106845. |
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| From Page: 7 Finance ministers urge avoiding devaluations By the A.M. Costa Rica
wire services
Finance officials of the world’s 20 biggest economies meeting in Shanghai promised Saturday to use all policy tools available to promote global growth and avoid competitive devaluations of their currencies to boost exports. At the end of a two-day conference in the Chinese business hub, finance ministers and heads of central banks in the Group of 20 issued a statement acknowledging that vulnerabilities have risen in the global economy, including volatile capital flows, the European refugee crisis and the possibility of a British exit from the European Union. The statement said that growth should continue at a moderate pace in advanced economies and remain strong in developing countries. Speaking to reporters after the meeting, the U.S. Treasury Secretary Jack Lew welcomed the agreement to avoid the devaluation of currencies and urged governments to push ahead with reforms. "We need to redouble our efforts to boost global demand, rather than rely on the United States as the consumer of first and last resort," he said. "It's also important that all G20 honor their commitments to refrain from competition devaluation and to not target exchange rates for competitive purposes." International Monetary Fund Managing Director Christine Lagarde urged the group to take collective and deliberate actions to avoid a derailment of the economic recovery. |
