According to data from Banco Central, the rates paid by private banks in dollars are significantly higher than those of public banks. The difference could be due to a perception of lower risk in public banks, which reduces the cost of increasing the rates. This situation is reflected in the movements of the Effective Rate […]

Shipments of avocados, hundreds of bottles of liquor and alleged medical products, such as antibiotics and ointments, were intercepted by the Border Police in the border area with Panama, in Paso Canoas. Allan Obando, director of the Border Police, said this type of smuggling enters through blind spots in the territory with products that are […]

Three out every four Costa Ricans want to emigrate, seeking better opportunities, and eight out of ten think the country is on the wrong track. This is the result of the latest opinion poll conducted by CID / Gallup between May, 3rd and 14th, with more than 1200 people. Unfortunately, according to the analysis those […]

The rise and fall of oil and fuel prices do not hit inflation in Central America as soon as in other countries. It takes about three months for this to affect the economies in Costa Rica and the Dominican Republic. This is one of the conclusions of a study by the consulting firm EY, based […]

Costa Rican physicists created a Web site that, among other things, has an ash meter that uses a supercomputer to forecast the places where volcanic debris will fall. José Brenes, a physicist from the University of Costa Rica, guarantees that the meter works with the wind direction, obtained through satellites of the National Oceanic and […]

Recent analysis of genetically modified organisms (GMOs) has attracted attention in Costa Rica. Almost all Costa Rican municipalities have banned GMOs, mainly because they are considered hazardous to health. However, the National Academy of Sciences of the United States argues that GM crops are similar to regular crops. Environmentalists argue that large companies producing GMOs […]