The 1% increase in the contribution of workers to the Invalidity, Old Age and Death (IVM) regime will not take effect next Thursday June 1st, as it is not yet signed and there are divided opinions, according to Mario Devandas, a member of the Board of Directors that represents the workers. It will not come […]
US ambassador says Trump cuts will not affect Costa Rica
Last Tuesday, US President Donald Trump sent his 2018 budget plan to Congress with significant cuts in aid to Latin American countries, including Costa Rica. It was said that $ 400 thousand would be allocated for the country. Román Macaya, Costa Rican ambassador to Washington, explained the situation on Thursday morning and said the aid […]
Dollar dropped ¢7 on Thursday
All those who worried about the fact that the dollar had surpassed ¢600 in several banks can now breathe a bit more easily. On Thursday morning, the exchange rate came as a surprise when it began to recede after registering strong increases during the first 3 days of the week. In the Foreign Currency wholesale […]
Hurricane season will be more active than normal
On Thursday, the US weather forecasts predicted that the Atlantic Ocean may suffer from 11 to 17 major storms this year and about nine hurricanes in a-more-active-than-usual hurricane season. The absence of El Niño, a climatic phenomenon that warms the waters and tends to reduce the probability of hurricanes, is the main factor behind the […]
Producers present new draft for Water Bill
The National Agricultural and Livestock Alliance (ANA) presented a new draft law on the integrated management of water resources. The initiative seeks to eliminate bureaucracy, reduce pipelines, as well as excessive spending and wrong administration in some of the institutions that have competence in the country’s water management. The group, which represents more than 200,000 […]
US first: Trump to cut aid to Mexico and Central America
On Tuesday, President of the United States Donald Trump proposed in his “America First” plan a drastic cut in the aid given to Mexico and Central America. That will represent a reduction of 614 million dollars for the region compared to what they received in 2016. The cut will not be conducive to the fight […]