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Archives for November 1, 2018

IACHR: Migrant Center is in precarious conditions

November 1, 2018 by Staff News Writer

The Inter-American Commission on Human Rights (IACHR) believes that the people who live in the Temporary Care Center for Migrants (CATEM), located in La Cruz de Guanacaste, live in precarious conditions. This was indicated by the agency in a report after a mission carried out in the country. Staff of the IACHR visited Costa Rica […]

Filed Under: News Reports

INEC: unemployment grew compared to 2017

November 1, 2018 by Staff News Writer

The National Institute of Statistics and Census (INEC) confirmed that in the third quarter of 2018 there was an inter-annual increase of 28 thousand unemployed people, estimating a total of 242 thousand unemployed people, divided in 124 thousand men and 118 thousand women. The increase was generated mainly in the male population (18 thousand people), […]

Filed Under: News Reports

Treasury’s dollar demand increased since June

November 1, 2018 by Staff News Writer

An increase in the Ministry of Finance’s demand for dollars has caused the Central Bank to increase the amount of international monetary reserves for direct sales, to prevent this pressure from going to the Foreign Currency Market (Monex). The Treasury, which traditionally went to the market to sell its foreign currency surpluses, is now demanding […]

Filed Under: News Reports

Central Bank wants to prevent inflation from exceeding 4% in 2019

November 1, 2018 by Staff News Writer

The measure announced on Thursday by the Central Bank to increase the monetary policy rate (TPM) seeks to prevent inflation from exceeding 4% in 2019. This was explained by Rodrigo Cubero, president of the Central Bank, at a press conference. The MPR is a reference rate used by the Bank to find the cost of […]

Filed Under: News Reports

Congress will recognize child who saved French tourist

November 1, 2018 by Staff News Writer

On Thursday afternoon, legislators approved a motion presented by Melvin Núñez to recognize the child Ricardo Ferry, for his exemplary act of rescuing a French minor in Cocles beach. The tourist’s life was at risk because she was drowning; however, 7-year-old Ferry did not think twice and went into the sea to save her. The […]

Filed Under: Featured, Front Page, News Reports

There are new fuel prices

November 1, 2018 by Staff News Writer

New fuel prices were approved last Friday and could be in force as of this week when they are published in the official gazette. The resolution was sent on Monday and La Gaceta has between three and finve days to publish it. The new prices will be in force a day after the publication. The […]

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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