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Increase in IVM quota will not go into effect on June 1st

May 25, 2017 by Staff News Writer

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 […]

Filed Under: News Reports

US ambassador says Trump cuts will not affect Costa Rica

May 25, 2017 by Staff News Writer

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 […]

Filed Under: News Reports

Dollar dropped ¢7 on Thursday

May 25, 2017 by Staff News Writer

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 […]

Filed Under: News Reports

Hurricane season will be more active than normal

May 25, 2017 by Staff News Writer

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 […]

Filed Under: News Reports

Producers present new draft for Water Bill

May 24, 2017 by Staff News Writer

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 […]

Filed Under: News Reports

US first: Trump to cut aid to Mexico and Central America

May 24, 2017 by Staff News Writer

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 […]

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

President confirms gasoline give away for ethanol pilot project

Chinese company sells low cost smart phones in Costa Rica

Search continues for small plane missing in Drake

Farmers will march to the Ministry of Agriculture

IMN warns of dangerous UV radiation this Friday

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