The government of Carlos Alvarado ruled out joining, for now, the group of countries that filed a lawsuit against Venezuelan President Nicolás Maduro before the International Criminal Court (ICC). On Wednesday, the foreign ministers of Argentina, Chile, Colombia, Peru, Paraguay, and Canada presented a letter stamped by the leaders of their countries requesting the intervention […]
Archives for September 26, 2018
Economists believe issuing Treasury Bills is an extreme and risky measure
The measure announced by the Ministry of Finance and the Central Bank to attract resources through the so-called Treasury Bills is something extreme and risky and therefore a tool that should not be used more than once, according to experts. Economist Leiner Vargas said that the decision adopted by the administration of Carlos Alvarado is […]
Central Bank intervenes with $31 million in defense of the exchange rate
The Central Bank of Costa Rica intervened in the exchange market on Wednesday by selling $31.15 million to stabilize the exchange rate in the face of an increase in the demand for foreign exchange. According to data from the Foreign Currency Market (MONEX) said amount is equivalent to 95% of the traded total, and the […]
Unions await news about possible meeting with legislators
Frente Amplio legislator José María Villalta talked with his colleagues in the Plenary while representatives of the Union waited for him in his office, located on the second floor of the Sion building. As indicated by the trade union representatives, they wanted Villalta to give them news about a possible meeting with the heads of […]
Strike in the Social Protection Board is illegal
The Social Protection Board (JPS) is the sixth public institution in which the strike called by the unions against the tax reform was declared illegal. This was resolved by the judge of the Labor Court of the First Judicial Circuit of San José, Siany Barboza. On September 26th, the judge determined the strike violates two […]
CNP will reduce salary of workers who joined the strike
The executive president of the National Production Council (CNP), Rogis Bermúdez, requested the prompt reduction of salaries for the officials of the institution who joined the strike that began on September 10th. The petition was filed this Wednesday by Bermúdez to the director of Human Resources, Boris Fletcher, after the Labor Court of the First […]