Alaska News Nightly September 5 2014

first_imgStories are posted on the APRN news page. You can subscribe to APRN’s newsfeeds via email, podcast and RSS. Follow us on Facebook at alaskapublic.org and on Twitter @aprnDownload AudioTour Bus Rollover on the Parks Highway Results in One Fatality Phillip Manning, KTNA – TalkeetnaA tour bus rollover near Mile 173 of the Parks Highway has resulted in at least one fatality.  Alaska State Troopers say the report of the rollover came in just after 8:00 a.m. Friday.Kiana Teacher Arrested on Missouri Child Sex Abuse Charges Matthew Smith, KNOM – NomeA Missouri man who spent the last four years teaching throughout Western Alaska has been arrested on charges of sexually abusing his adopted daughter—and is alleged to have subjected his other adopted children to “years of physical abuse and neglect.”Huge Increase For  Healthcare.gov Insurance Rates In Alaska Annie Feidt, APRN – AnchorageAlaskans who buy health insurance on the Affordable Care Act marketplace will have to pay a lot more next year. The state Division of Insurance says consumers can expect an increase of more than 30% on average for coverage.Snow Falls In Near Tok Dan Bross, KUAC – FairbanksThis week’s cooling trend brought snow to the Alaska Range.Mayor Calls For Federal Review of Fairbanks Four Case Dan Bross, KUAC – FairbanksThe mayor of the city of Fairbanks is calling for federal review of long questioned murder convictions of 4 Native men. The mayor joins numerous leaders and groups pressing for review of the Fairbanks Four case.Reaction to Alaska Voting Rights RulingDaysha Eaton, KYUK – BethelPlaintiffs in a voting rights lawsuit are reacting to news that a Federal Court Judge has ruled in their favor. Wednesday a judge ruled that the State of Alaska violated the Voting Rights Act by failing to provide translations into Native languages.Foundation Swoops in to Save Sacred Alaskan Artifacts at Auction Lisa Phu, KTOO – JuneauAs early as the 1700s, European visitors and explorers in Alaska wrongly took objects that were sacred and important to the indigenous people. Several of these items were set to be auctioned off in Paris last December, despite protest from tribal groups. It was a done deal, until an anonymous buyer stepped in.AK: Military TrainingMonica Gokey, KSKA – AnchorageIn a forested area outside of Fairbanks, the U.S. Army operates a remote facility where military servicemen and women train in a cold, mountainous environment. It’s called the Northern Warfare Training Center. And in August, they hosted an elite unit of Army Rangers.300 Villages: Edna BayThis week we’re heading to Edna Bay, a tiny community on its own large island near Prince of Wales Island. Myla Poelstra is the treasurer for Edna Bay.last_img read more

Costa Rica moves to freefloating currency

first_imgCosta Rica announced that it would remove the country’s nine-year-old currency band system in favor of afloating exchange against the U.S. dollar, according to a statement from the Central Bank (BCCR) Saturday.The BCCR had not taken any measures to adjust the value of the colón, Costa Rica’s currency, outside the band since Dec. 12, 2013, arguing that the currency had been in a “de facto” float since then.On Oct. 17, 2006, the BCCR announced that it would implement the currency band, which established a floor and ceiling price between which the colón could float before the Central Bank would take steps to adjust its value. The band system was implemented as a way to gradually move the country from a fixed exchange to a floating one.The colón has depreciated roughly 8 percent against the U.S. dollar since February 2014, selling at 543 on Saturday, according to Monex. The BCCR said that Costa Rica had more than $7.3 billion in reserves. Facebook Comments Related posts:Recent exchange rate stability offers relief to businesses Dollar exchange rate maintains slight upward trend this year Dollar exchange rate reaches highest price in seven years Dollar exchange rate down following Central Bank’s intervention announcementlast_img read more