Costa Rica President Unveils Electric Reform Bypassing Congress, Refuses to Negotiate

President Laura Fernández announced a new electric sector reform bill that would not require a qualified majority (38 votes) in Congress, signaling an attempt to circumvent legislative opposition. She stated she will not negotiate with 'political terrorists,' a sharp escalation in rhetoric against her opponents. The move could trigger a constitutional or political crisis if the reform is challenged, and its market impact depends on the reform's content and feasibility.

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