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Archives for August 23, 2016

What will happen to the USD exchange rate in the coming months?

August 23, 2016 by Staff News Writer

According to the Central Bank of Costa Rica, the 2016-2017 Macroeconomic Program Review shows an accumulated depreciation of 2.1% (colon against USD). In addition, private banks increased their foreign currency position in July, which has influenced the exchange rate. September is usually a month with a greater abundance of USD; however, according to analysts at […]

Filed Under: News Reports

The government seems to ignore transport and business sectors’ problems

August 23, 2016 by Staff News Writer

The transport and business situation is worrying. However, Luis Guillermo Solis’ government seems to be unaware. The transport sector is going through its biggest crisis in years, not only for the constant traffic jams, but because the administration hasn’t been able to solve problems on that matter and Costa Rica seems to be a big […]

Filed Under: News Reports

Boost for sustainable cocoa farming in the South

August 23, 2016 by Staff News Writer

On Friday, farmers from the southern area received a boost for sustainable cocoa production, thanks to an alliance between the Agriculture and Livestock Ministry (MAG) and some private organizations. This will strengthen sustainable cocoa production by 300%. The plan is to train and provide support to those who grow the fruit in Corredores, Golfito and […]

Filed Under: News Reports

Drugs online? Better be cautious…

August 23, 2016 by Staff News Writer

Dozens of emails are designed to provide products such as birth control pills and medications for erectile dysfunction, but buying them online could turn people into the victims of a scam. We always recommend that people buy drugs in authorized establishments because 50% of these drugs are fake and the location of the alleged foreign […]

Filed Under: News Reports

International drug trade: a family business settled in costa Rica

August 23, 2016 by Staff News Writer

In August, 1995, five members of a family were arrested. They were sentenced for international drug trafficking. 21 years later, they were captured again, this time in Pérez Zeledón. Five out of the 7 detainees are surnamed Vargas Hidalgo. They are part of the biggest drug trafficking gang of Pérez Zeledón. The subjects counted on […]

Filed Under: News Reports

IACHR president will visit Costa Rica

August 23, 2016 by Staff News Writer

Today, president of the Inter-American Commission on Human Rights (IACHR) James Cavallaro, will visit Costa Rica on a business trip. The chairman’s goal is to hold conversations with national authorities as well as participate in some forums. Cavallaro will meet Ombudswoman Monserrat Solano to address the issue of human rights in the country. He will […]

Filed Under: News Reports

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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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