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Archives for July 2019

OECD warns: rise in sea level would cost 4% of world GDP

July 22, 2019 by Staff News Writer

In a recent study, the Organization for Economic Cooperation and Development (OECD) warned that failure to stop the sea level rise due to climate change in time would cause costs of about 4% of the world’s gross domestic product (GDP). The Organization, to which Costa Rica aspires to enter in the medium term, stressed that […]

Filed Under: News Reports

Tourists saved whales trapped in nets

July 22, 2019 by Staff News Writer

A group of divers, tourists and coastguard officers who sailed in the waters of Drake Bay (Osa, Puntarenas) saved a whale and its calves that were trapped in nets in the South Pacific. Without thinking twice when they saw the cetaceans approach, men and women threw themselves into the water with knives and pliers to […]

Filed Under: News Reports

Regional police chiefs meet in Costa Rica

July 18, 2019 by Staff News Writer

The top representatives of the police forces of the region are gathered in the country in ordinary meeting of the Commission Chiefs and Directors of Police of Central America, Mexico, the Caribbean and Colombia. In the session, different strategies to combat organized crime are analyzed. Likewise, the migratory phenomena and crimes such as human trafficking, […]

Filed Under: News Reports

Franchises generate almost 30,500 jobs in Costa Rica

July 18, 2019 by Staff News Writer

The franchise sector generates some 30,469 jobs in the country, both for franchisees and franchisors. In total, in Costa Rica there are 361 brands of this type, 81 of which are national. In fact, the sector has had a growth of 141% in the last ten years, according to the National Franchise Center. Currently, 14 […]

Filed Under: News Reports

Basic Rate reaches its lowest level in 2019

July 18, 2019 by Staff News Writer

After several weeks on the rise, this Wednesday the Basic Passive Rate (TBP) reached its lowest level of the year and now it stands at 5.90%, after a drop of 0.10 points compared last week, according to the Central Bank. The Basic Passive Rate is an average of the rates paid by financial institutions for […]

Filed Under: News Reports

Health unions call for a general strike in the CCSS

July 18, 2019 by Staff News Writer

The negotiation table between the unions of the health sector, the Costa Rican Social Security Fund (CCSS) and the Ministry of Labor (MTSS) failed, and that is why the union members called for a general strike. This was reported by the National Union of Employees of the Fund and Social Security (Undeca), but the decision […]

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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