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Archives for January 29, 2014

Real estate firms seek more residences for foreign retirees

January 29, 2014 by Staff News Writer

According to a study published by the New York Times, and based on information from the American Association of Retired Persons (AARP), Costa Rica is a popular destination for retirees from the United States and Canada. The specific places that older adults are seeking include Escazú and Santa Ana (in the Central Valley), and the […]

Filed Under: News Reports

ARESEP detects anomalies in one of five gas stations

January 29, 2014 by Staff News Writer

Following a series of inspections, the Regulatory Authority for Public Services (Aresep) found abnormalities in 62 gas stations out of a total of 346, located throughout Costa Rica. The irregularities are related to the presence of water or sediments (45 cases), changes in the temperature of inflammation (14), different from stated coloring (6), corresponds to […]

Filed Under: News Reports

Nicaragua Parliament opens door to reelection of Daniel Ortega

January 29, 2014 by Staff News Writer

Members of the ruling Sandinista Front party, on Tuesday approved the final vote on constitutional reforms that would allow President Daniel Ortega to run for re-election indefinitely. The reforms, which were approved in a first vote in December 2013, were endorsed with 64 votes in favor, 25 against with no abstentions, at a session of […]

Filed Under: News Reports

Fed meeting key to cost of dollar in Costa Rica

January 29, 2014 by Staff News Writer

Experts predict that a decision today before Ben Bernanke, chairman of the U.S. Federal Reserve (Fed), will be key to exchange rates in Costa Rica. Should the Fed continue with a moderate reduction of the U.S. economic stimulus it is expected that the dollar (USD) will rise in Costa Rica, relative to the colon (CRC). […]

Filed Under: News Reports

Tourism sector qualifies alcohol prohibition as absurd

January 29, 2014 by Staff News Writer

National Chamber of Tourism (Canatur) is saying that the implementation of the dry law or ban on alcohol sales for the upcoming election is absurd. In particular, hotel and restaurant owners are upset that some municipalities waited until the last minute to announce bans for the election on Sunday, February 2nd. The timing precludes events […]

Filed Under: News Reports

Four years after opening, Caldera highway remains unfinished

January 29, 2014 by Staff News Writer

Opened on January 27, 2010, by then President Oscar Arias, the highway to Caldera remains unfinished. According to the Comptroller, Section II of the highway, between Ciudad Colón and Orotina is incomplete. The concessionaire, Autopistas del Sol attributes the situation to an inability to expropriate needed land. Attorney Bernal Gamboa, who represents the state says […]

Filed Under: News Reports, Transport and Travel

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News Summary

U.S. President Orders Navy Task Force to Caribbean to Counter Venezuela Threat

Costa Rica Government Silent on Travel Ban with Just 13 Days Left

News Summary

Legislators approve moratorium for registration of shareholders

President confirms gasoline give away for ethanol pilot project

Chinese company sells low cost smart phones in Costa Rica

Search continues for small plane missing in Drake

Farmers will march to the Ministry of Agriculture

IMN warns of dangerous UV radiation this Friday

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