The Federal Reserve met expectations and finally increased the reference interest rates in the US to the range of between 0.50% and 0.75%, in what is the first monetary tightening in 2016. It also foresaw three more increases for 2017. The US central bank said, at the end of its two-day meeting of monetary policy, […]
Archives for December 15, 2016
Legislator Abelino Esquivel wants the CNE president to resign
Legislator Abelino Esquivel, from Restauración Nacional Party, called for the resignation of president of the National Emergency Commission (CNE) Ivan Brenes. The request was made in an intervention in the legislative plenary where he reiterated his indignation because of the emergency decree to deal with the damages caused by Hurricane Otto in Matina. In addition, […]
A 16% increase in fuel prices is coming in 2017
According to the Fuel Chamber, the global decline in oil production will cause Costa Ricans to pay more for gasoline. Global oil production is going to be reduced by $ 1,2 million barrels a day. That will cause less supply in the market despite the fact that demand will always be the same, which will […]
Citizens want to help a poor family in Talamanca
In Paraíso of Sixaola, life is not so paradisiacal for Sonia, Juan Francisco and their 9-year-old son Jeremy. Health problems, lack of employment and livelihood affect this family. Sonia Corea is 39 years old, she is hypertensive and she is struggling with a leg injury, as slipped over her floor. Her partner, Juan Francisco Benitez […]
Subjects enter home in Atenas to take refuge from the police
Yesterday, after apparently having an altercation with other people on the street, several subjects entered a house in the center of Atenas. As indicated by the communications department of the Judicial Investigation Organization (OIJ), the preliminary information is that subjects clashed with the security forces who were present at the scene, and then hid in […]
A complaint was filed for alleged lack of pension funds at the Bar Association
A group of lawyers denounced on December 14th the alleged absence of the pension fund of the Bar Association, which should have been established since 1963. According to lawyers Didier Carranza and Mario Piedra, since 1964 a stamp was approved and it was going to be used for the lawyers’ pension, but to date there […]