Archives for December 20, 2016

A customs official from the port of Rotterdam, the Netherlands, was accused of apparently allowing the entry of containers with cocaine. Among them, there was one from Costa Rica. The subject, known as Gerrit G., is linked to 300 kilos of cocaine hidden in a traveling container of Costa Rican pineapple. The fact dates back […]

Traffic Police will pay attention to the use of the security belt, as well as the seat or child safety device. This is because although both elements can save lives, drivers and their companions prefer to take the risk. From January to November 2016, 1,386 drivers were penalized for not wearing a belt and 1,013 […]

If you are in the Central Valley, remember that the vehicle restriction will be into force until December 26th. The suspension of the measure will be applied in accordance with the recess for public employees, from December 26th and December 30th. Mario Calderón, director of Traffic Police, informed that the restriction will be suspended from […]

According to the report from the University of Costa Rica (UCR) on the actuarial valuation of the Disability, Old Age and Death (IVM) regime, ff urgent actions are not taken, it is estimated that the inflow of contributions and investments will no longer be enough to honor the expenses in 2022-2028. As consequence, the reserve […]

Increases in interest rates, pressures on the exchange rate and increases in domestic prices, especially influenced by increases in fuel prices, are expected in 2017. All these factors could hinder not only the collection of taxes, but the government’s ability to finance at low cost. Helio Fallas, vice president of the Republic and finance minister, […]

If Costa Rica were a boxer, murders and violence would have it cornered; It would be near a powerful knockout and it would require more than courage to stand up. This analogy fits perfectly with a country that got used to seeing murders in public places and executions in daylight. It is not a stupid […]