Costa Rica: Rodrigo Chaves takes office as president
Costa Rica, May 09: Costa Rica's new president Rodrigo Chaves was sworn in on Sunday, promising to fight corruption and revive the economy.
The former World Bank economist won a four-year term last month in a runoff with former President Jose María Figueres, himself tainted by a corruption scandal.

The party of Chaves' predecessor Carlos Alvarado was almost obliterated during the first-round election in February, receiving no seats in the new Legislative Assembly.
Chaves' Social Democratic Progressive Party has only 10 of 57 seats in the legislature and he turned out to be a surprise qualifier for the runoff, having come fourth in the first round.
What did Chaves tell voters?
Shortly after being given the ceremonial presidential sash, Chaves lashed out at the state of the nation, complaining of the high cost of living, crime, drug trafficking and long lines at social security offices.
He warned that "if the political class fails one more time, the country could fall apart."
"We will not only put the house in order, we will rebuild it," Chaves vowed. "Change is urgently needed. I will not accept defeat. Costa Rica does not have to accept defeat."
Promises on women's rights
Chaves also promised to stamp out gender discrimination and the abuse of women, as feminist groups protested nearby.
Their rally was a reminder to the 60-year-old former finance minister about allegations of sexual harassment that prompted his resignation from the World Bank.
An internal investigation found that from 2008 to 2013, Chaves made unwelcome comments about physical appearances and unwelcome sexual advances toward multiple bank employees.
Last month, he offered "sincere apologies" to two accusers, young subordinates, having previously said the alleged harassment amounted to mere "jokes" that were "misinterpreted."
Spain's King Felipe VI and other heads of state or government and delegations from nearly 100 countries traveled for the inauguration.
Shortly after his address, Chaves signed his first decrees, including scrapping obligatory mask-wearing for most people.
Chaves has long to-do list
Costa Rica, with a population of around 5 million, is considered one of the most politically stable countries in Central America.
Nevertheless, the country struggles with social inequality, corruption, hunger and drug trafficking.
Chaves takes over an economy in decline, with rising foreign debt — about 70% of GDP — a poverty rate of 23%, unemployment of nearly 14%, and public sector corruption.
Tourism, one of the country's main economic drivers, was hard hit by the COVID-19 pandemic, severely spiking unemployment.
Chaves has previously vowed to improve the terms of an agreement Costa Rica reached with the IMF for a loan of more than $1.7 billion (€1.61 billion).
Source: DW
-
Eid-ul-Fitr 2026 Holiday: When Will Schools Remain Closed? Expected Date, Time and Other Details -
Gold Silver Rate Today, 17 March 2026: City-Wise Prices, MCX Signals Weakness in Gold, Silver Markets -
Hyderabad Gold Silver Rate Today, 17 March 2026: Gold Stays Expensive, Silver Remains Above Key Mark -
Bangalore Gold Silver Rate Today, 17 March 2026: Gold, Silver Prices Jump as Global Volatility Drives Demand -
Jana Nayagan Censor Update: Trouble Continues For Thalapathy Vijay's Film -
Tamil Nadu Elections 2026: A Look Back At 2021 Opinion Polls Vs Exit Polls Vs Actual Results -
Rajya Sabha Poll Results 2026: Full List Of Winners State-Wise Across India -
Israeli PM Benjamin Netanyahu Confirms Targeted Strike on Ali Larijani -
Netanyahu Addresses ‘Brave People Of Iran’ Ahead Of Nowruz, Says ‘Light Will Triumph Over Darkness’ -
Dead or Alive? Israel Says Larijani Killed, Iran Circulates Handwritten Message -
West Bengal Elections 2026: A Look Back At 2021 Opinion Polls Vs Exit Polls Vs Actual Results -
Bengaluru Rain: First Spell of Mango Showers as Rain Sweeps Across Multiple Areas












Click it and Unblock the Notifications