On Sunday, the main oil producing countries called to adopt a “new strategy” based on an adjustment of production to deal with the imbalance between supply and demand in the market. At the end of a meeting in Abu Dhabi, oil producers indicated that they noted that in 2019 the production growth will be higher […]
550 kilos of cocaine were seized after boat persecution
In a joint effort, the Coast Guard of Costa Rica and the United States seized 550 kilos of cocaine in a boat that traveled nine miles from Moín, in Limón. On Saturday night and thanks to a work of police intelligence between both bodies of the Coast Guard, we began the pursuit of a boat […]
National Development Plan will be presented on December 11th
The government of Carlos Alvarado will present the National Development Plan (PND) on December 11th at the National Theater, according to Planning Minister, Pilar Garrido. The PND is the guiding framework for government action, its current validity extends from January 2015 to December 2018, when Alvarado will present the new document. The elaboration process is […]
OIJ and Prosecutor’s Office condemn project that protects corruption assets
The director of the Judicial Investigation Agency (OIJ), Walter Espinoza, and the Attorney General of the Republic, Emilia Navas, criticized the draft law of extinction of domain ruled by the Security and Drug Trafficking Commission. Some of the strongest objections were against the exclusion of corruption offenses within the new regulation, so there would be […]
Drought will affect the country in the coming weeks
The last weeks of the year, and until March 2019, will be marked by water shortages in Puntarenas and Guanacaste as a result of the El Niño phenomenon. The government authorities presented the Interinstitutional Contingency Plan, with a budget of ₡ 5.2 billion, to mitigate the effects of El Niño Southern Oscillation phenomenon that will […]
Central Bank confirms that increase in exchange rate puts pressure on inflation
Rodrigo Cubero, president of the Central Bank, confirmed the strong pressure exerted by the exchange rate in recent weeks that already affects the inflation goals of the Central Bank. The head of the entity confessed on Thursday that the expectations for a year term have been accelerating as a result of a more expensive dollar. […]