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Fed: “the institution could rise interest rates faster than expected”

January 5, 2017 by Staff News Writer

According to a report from The Federal Reserve System (Fed), the institution could rise interest rates faster than planned due to the “considerable uncertainty” regarding American president-elect Donald Trump’s fiscal stimulus plans. Some members of the Fed agreed that a stimulus package could push demand beyond sustainable levels and that would make necessary to toughen […]

Filed Under: News Reports

Trade unions are against the Bill on Public Employment

January 5, 2017 by Staff News Writer

The government announced that the bill on Public Employment will be read in the Legislature. As a result, unions immediately reacted to the news. Patria Justa Trade Union Confederation and the SEC think it is a lousy and provocative decision, declared the union organizations. The extraordinary session will start on January 9th. According to the […]

Filed Under: News Reports

What is the “gasolinazo”?

January 5, 2017 by Staff News Writer

If you complain because fuel will increase about ¢ 30 colones per liter in a couple of days, you may understand Mexicans’s fury: they took to the streets of their country to protest against the increase of up to 20.1% in fuel prices. On Sunday, Mexican authorities approved what Mexicans have called the “gasolinazo”: a […]

Filed Under: News Reports

A global map details how exports threaten species

January 5, 2017 by Staff News Writer

What impact does the American consumption have for the exporting countries’ fauna? For the first time, a global map details how exports threaten species. The study reveals to consumers in the United States, China, Japan and the EU the impact of exported products on biodiversity that is located thousands of kilometers away. For instance, to […]

Filed Under: News Reports

Ashes from Turrialba volcano will keep affecting the Central Valley

January 5, 2017 by Staff News Writer

Turrialba volcano maintains a constant activity. Blas Sánchez, a geologist at the National Emergency Commission (CNE), reported that the emanation of gases and ash persists. The report indicates that the wind direction, mostly to the west, would allow ash to continue arriving to the Central Valley. Gray clouds, as the ones in the picture, are […]

Filed Under: News Reports

The president of the Committee of San José Festival will be reported

January 5, 2017 by Staff News Writer

After a strong discussion on December 25th, 2016, Jorge Villalobos, president of the Committee of San José Festival, will be reported: he apparently prevented the placement of 20 handcraft stands, which had been purchased at 16 million colones. Alejandro Morales will file the complaint. Alejandro paid the entire admission in order to have 20 stands […]

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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