Latest news with #SanJose
Reuters
3 hours ago
- Business
- Reuters
IMF approves $1.5 billion, 2-year flexible line of credit for Costa Rica
WASHINGTON, June 2 (Reuters) - The International Monetary Fund on Monday said it had approved a $1.5 billion, two-year precautionary flexible line of credit for Costa Rica, saying it would enhance Costa Rica's external buffers against potential risks. In a statement, the IMF said its Flexible Credit Line arrangements were reserved for countries with very strong policy frameworks and track records in economic performance. "The arrangement is intended to send a very clear signal of the quality of the country's very strong policies and institutional frameworks," it said. The IMF said Costa Rican authorities planned to treat the arrangement as precautionary, for use if future external shocks materialized, and could request reduced access in the future if external risks were to decline. IMF Deputy Managing Director Kenji Okamura said Costa Rica had an impressive reform track record which had spurred economic growth, reduced public debt, and lowered poverty. But the country was vulnerable to increased external risks, including a prolonged increase in global uncertainty, slower growth in major trading partners, tighter global financial conditions, and higher oil prices. The IMF last month said Costa Rica's growth was expected to ease to around 3.5% in 2025 and inflation was expected to return to the central bank's target of 3%.
CBS News
8 hours ago
- General
- CBS News
Cold case murder of San Jose teacher solved after 47 years; student killer had knife inscribed with "Teacher Dear"
Investigators have solved the cold case murder of a San Jose teacher stabbed to death at Branham High School nearly 50 years ago, naming a student who was originally suspected in the crime as the killer, authorities announced Monday. On June 16, 1978, a student found Diane Peterson on the floor near her classroom with a single stab wound to her chest, the day after school was let out for summer and while teachers were cleaning out their classrooms. Diane Peterson Family photo The Santa Clara County District Attorney's Office said in a press release Monday that Harry "Nicky" Nickerson, a 16-year-old Branham student at the time, was the person who stabbed Peterson. Nickerson was suspected in the case, and he bore a resemblance to a police sketch of the suspect based on witness accounts. A witness also told police had told police that Nickerson had confessed to the crime and that he had seen him carrying a knife with the words "Teacher Dear" written on it, the DA's Office said. Police were unable to corroborate the claim, and prosecutors were unable to make the charges stick. Left: Composite sketch of the murder suspect made from witness accounts. Right: Image of Harry Nickerson (date unknown). Santa Clara County District Attorney's Office The DA's Office said that in 1983, the family of a Branham student told police that their son claimed to have seen the killing and identified Nickerson as the suspect. The student later denied making that statement. A year later, another witness told police that Nickerson implicated himself in Peterson's murder, which he said was a result of her discovering him dealing drugs, the DA's Office said. In 2023 and 2024, the DA's crime lab ran extensive DNA work on the case, but investigators were unable to identify the perpetrator. Earlier this year, however, the investigators learned that years ago, Nickerson had confessed to the killing to a family member. The relative admitted that Nickerson came to their home minutes after the killing and confessed to having been responsible, according to the DA's Office. In the years that followed the murder, Nickerson was convicted of a series of crimes, including armed robbery, assault with a deadly weapon, and kidnapping. The DA's Office said Nickerson was shot and critically hurt while attempting a drug robbery in 1984, but no charges were ever filed. Nickerson died from a self-inflicted gunshot wound in 1993. "This marks the end of a terrible and tragic mystery," said District Attorney Jeff Rosen in a prepared statement. "Ms. Peterson would have been a senior citizen today if she had not crossed paths with this violent teenager. I wish she was. I am pleased that we have solved this case, even though the murderer is not alive to face justice. I wish he was." "Nearly five decades have passed since a young teacher's life was tragically taken," said San Jose Police Chief Paul Joseph in a statement. "While the suspect will never stand trial or face the consequences for his actions, we hope this resolution brings a measure of peace to the victim's loved ones and to a community that has carried this loss for far too long. Let this serve as a solemn reminder: no matter how much time passes, we will continue to seek the truth - because every victim matters, and every life deserves justice." The DA's Office said its cold case unit has solved over 30 cold case murders from as early as 1969 since it was established in 2011, and the Peterson case is the fourth cold case homicide it has solved this year. A family member of the victim who asked not to be identified thanked investigators for "not giving up for 47 years." "Diane was a beautiful and wonderful person who is missed dearly," the family member said in a statement. ALSO READ:
Yahoo
a day ago
- General
- Yahoo
San Jose house fire displaces residents
The Brief Firefighters were called about 2:45 p.m. to the house in the 1900 block of Seaview Drive on reports of an attic fire. The fire was quickly knocked down, but the damage forced six people to be displaced from the area. The cause of the fire is under investigation. SAN JOSE, Calif. - An attic fire damaged a house in San Jose on Sunday afternoon, putting six people out of their home. What we know San Jose Fire Department units were called about 2:45 p.m. to the house in the 1900 block of Seaview Drive in the Dorsa - Miller neighborhood on reports of a fire burning in an attic above a garage, according to a department statement. Traffic was impacted as firefighters worked to extinguish the fire, and the public was advised to avoid the area as operations were conducted. The SJFD reported that the fire had been knocked down by about 3:10 p.m., but the damage caused by the flames forced six adults to be displaced from the home. The Red Cross was called in to provide assistance to the displaced residents. What we don't know The cause of the fire is under investigation. The Source San Jose Fire Department
CBS News
a day ago
- Climate
- CBS News
San Jose fire crews respond to fire near San Jose Mineta International Airport
San Jose fire crews responded to a vegetation fire near the San Jose Mineta International Airport on Sunday. The fire began around 2:15 p.m. near Ruff Drive and West Hedding Street. It was about 5 acres as of 2:30 p.m., but it was producing a large amount of smoke, the Fire Department said. #SJFD firefighters are responding to a Tier 1 vegetation fire in the area of the Ruff Dr and W Hedding St near SJC airport. Approx 5 acres in size, heavy smoke production. Traffic is impacted nearby. Please avoid the area. TOC: 2:15pm — San José Fire Dept. (@SJFD) June 1, 2025 Traffic was being affected, officials said.
Yahoo
a day ago
- Climate
- Yahoo
Grass fire sparks at Singleton Landfill, flames extinguished
(KRON) – The San Jose Fire Department responded to a grass fire early Sunday morning. The blaze was reported at around 12:13 a.m. at the Singleton Landfill property on the 800 block of Singleton Road. The department said the fire impacted approximately two acres. The flames were extinguished less than an hour later. Cliff rescue at Batteries to Bluffs hiking trail SJFD said there were no reported injuries. The cause of the flames has not been determined, according to fire officials. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
