Costa Rican government has the funds to avoid nightmares like the one experienced by many citizens on June, 2nd, when they were trapped in an endless traffic jam in the road to Cartago. However, the authorities lack the ability to use said funds with the urgency the backlog in roadwork demands. A year and half […]
Archives for June 2016
5 Factors that will push dollar rates
Although Costa Ricans have opted for greater foreign-currency loans, there are several factors behind an increase in dollar rates that could affect their credit share. 1. The public’s preference for dollars: By 2016, the dollar credit to the private sector increased again, whereas the trend for colones has been downward. 2. Banks’ regulatory limits: Pedro […]
Government withholds payment for overpass project at San José
The National Highway Council (CONAVI) is withholding a payment of 77 million colones to the builder of a viaduct over the Paso Ancho roundabout in San José, after detecting cracks in the anti-seismic protection. The contractor company, MECO, began the project on September 2014 and the due date was on October 2015. The initial budget […]
Nine-year-old’s ambitious recycling plan
Fabricio Retana is 9 years old. As any other nine-year-old, he loves video-games and playing with friends, but stands out among his peers for his environmental sensitivity. A month ago he decided to create a Facebook page to promote recycling of plastic bottles. His site is called Green Footprint CR and aims to raise awareness […]
Poás volcano spewed a column of water and debris
Poás volcano, in Alajuela province, spewed a column of water, sediment and steam of 66 to 98 feet long. The eruption occurred on Sunday morning and took place in the active crater of the volcano, covered by an ultra-acid lake. Such eruptions are normal and occur when the under-water pressure at the Poás lake comes […]
Firefighters face hazardous substances blindly
The lack of adequate signs in trucks loaded with hazardous substances threatens the life of the firefighters, according to the fire department chief Hector Chaves. When firefighters attend tanker trucks for emergencies, frequently they don’t know what kind of substance they are facing, because cargo isn’t properly identified. Even drivers, in many instances, do not know what […]