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A big snake surprised people from Heredia

June 10, 2016 by Staff News Writer

People from Heredia were surprised following heavy rains in the afternoon, due to the large snake in a culvert of La Gruta, in La Asunción de Belén. They posted an image on the Facebook page “Heredia por media calle”. The fire department has not reported any actions on this matter. crhoy.com

Filed Under: News Reports

President Solís doesn’t get traffic jams dynamics

June 10, 2016 by Staff News Writer

President Solís has yet to schedule a meeting with the director of the traffic police, Mario Calderón, to discuss the issue of traffic congestion. The president is asking for a more detailed traffic engineering report, since he does not understand why there are traffic jams in some places one day, and then the following there […]

Filed Under: News Reports

BCCR: Higher inflation will worsen unemployment

June 10, 2016 by Staff News Writer

When unemployment rates rise, the central bank allows inflation to grow a little more, so that the economic growth accelerates. The bank considers that high unemployment rates don’t allow sustainable and inclusive economic growth. However, Olivier Castro, president of the monetary entity, argues that the determinants of employment are mostly related to internal and external […]

Filed Under: News Reports

Basic rate back to 5.30%, the lowest level of the year

June 9, 2016 by Staff News Writer

The passive rate (TBP) will return to 5.30%, the lowest level of the year. The downgrade this week was influenced by a decrease in rates actually paid by private banks, mutuals and cooperatives, for all maturities. The basic rate is used by financial institutions as a reference for the calculation of long-term loans in colones. […]

Filed Under: News Reports

Stranded Ecuadoreans left Coco Island

June 9, 2016 by Staff News Writer

The five Ecuadorians who were stranded on the island of Coco, managed to get out on their own last Monday, tired of waiting for help from a government institution to continue their way to Manabi, Ecuador. The men left the island with a GPS, food, water and basic supplies to finish their journey. They also […]

Filed Under: News Reports

9 enterprises seeking strategic alliances

June 9, 2016 by Staff News Writer

The Agency for the Management of Entrepreneurship at the University of Costa Rica (UCR), revealed nine entrepreneurship projects designed and led by students, aiming to catch the attention of investors, strategic partners and potential customers. The projects are in early development stages, doing market research and seeking potential clients. Xpositive is one of the projects […]

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

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Farmers will march to the Ministry of Agriculture

IMN warns of dangerous UV radiation this Friday

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