Daily Headlines: May 9, 2014

* Costa Rica: Luis Guillermo Solis pledged to “resolve the deficit within the next two years, maximum, as it is perhaps the biggest challenge we face” during his presidential inauguration speech on Thursday.

* Brazil: In the latest troubles affecting preparations for the World Cup, Rio de Janeiro public bus employees went on strike while a worker at the construction site of a soccer stadium died in an accident. 

* Mexico: No reports of major damage or serious injuries were reported following a 6.4 magnitude earthquake in southern Mexico yesterday.

* Puerto Rico: Puerto Rico’s government revealed details of an economic recovery plan aimed at improving the massive public debt of the commonwealth.

Video Source – teleSUR via YouTube

Online Sources – The Huffington Post; CNN; The Guardian; Miami Herald; Bloomberg