Turrialba’s volcanic ash is being auctioned on E-Bay. Each bottle is sold at up to $15 and the first one was auctioned on May, 22nd. The current offer is valid until June, 20th, so people can enter the bidding with this seller and beat the price. crhoy.com
Passive rate returns to 5.40%
The passive rate (TBP) will rise to 5.40%, the same figure at which it stood two weeks ago. Last week the indicator was 5.30%, the lowest level of the last 8 years. However, after Wednesday’s review, it returned to the previous figure. The passive rate is used by banks to calculate quotas of long-term loans […]
Longer government periods would be useless without other reforms
A group of 17 legislators from 5 political parties made a proposal for the congress, the president, vice-presidents, mayors, aldermen and syndics to be elected for 5 years. The reasoning behind the proposal is that four years is a very short time to develop plans, strategies and public policies. However, some argue that extending government’s […]
Costa Rica is not prepared for animals’ mass evacuation
What would happen to the thousands of animals from nearby farms if Turrialba volcano’s activity worsens? The truth is that the country is not ready for a mass evacuation of animals. Felipe Arguedas, Deputy Minister of the Ministry of Agriculture and Livestock (MAG), admits the government has no capacity for mass evacuation, which is not […]
Police officers against Public Employment Law
Unions that represent police agencies in Costa Rica are opposed to the proposed Public Employment Law. According to their representatives, the project to rationalize public spending includes 2 sections that would jeopardize their wages. In addition, they warn that budget cuts in law enforcement could endanger public safety. This project is also rejected by other unions, such […]
Costa Rican exports increased 5%
Costa Rican exports increased 5% during the first four months of the year, reaching $3,199 million, according to the Foreign Trade Promoter (PROCOMER). The industrial and agriculture sectors grew 7% and 3%, respectively. However, livestock and fisheries sector fell by 10%. In addition, exports grew in different regions except Asia. The products that show greater […]