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Rising dollar favors higher employment, but pushes prices

February 25, 2014 by Staff News Writer

An increase to the value of the dollar will favor the creation of new jobs, and improves the economic situation of many companies. However, it hurts companies that import goods, which will have to increase prices in order to replenish their inventories. Those in the tourism sector are happy to see higher dollar prices as […]

Filed Under: News Reports

Country petetions Hague Court to set maritime boundary with Nicaragua

February 25, 2014 by Staff News Writer

The Costa Rican government hopes that the International Court of Justice (ICJ) will set the maritime border between Costa Rica and Nicaragua. The announcement came on Monday from Foreign Minister Enrique Castillo, who was accompanied by president, Laura Chinchilla as the country prepares to file the case with the ICJ. At issue is an area […]

Filed Under: News Reports

U.S. Embassy Issues Warning for Protests

February 25, 2014 by Staff News Writer

The U.S. Embassy in San Jose, Costa Rica informs all U.S. citizens that the Association of Public and Private Employees (ANEP) will protest on Tuesday, February 25, 2014, seeking an increase in their salaries. The protesters will depart from three different points in the city and march to the Ministry of Finance (Ministerio de Hacienda). […]

Filed Under: News Reports

Dengue cases in decline

February 24, 2014 by Staff News Writer

Data from the Ministry of Health indicate that 7 out of 9 health regions have experienced a decrease in the number of dengue cases. Around 1,062 people have been victims of dengue so far this year, which is a decrease of 66.9 percent over the same period in the previous year when 3,208 people were […]

Filed Under: News Reports

Private security firms may momentarily detain people at public events

February 21, 2014 by Staff News Writer

Private security officers are normally prohibited from detaining, or apprehending people at public events. However, they can momentarily detain a suspect, if caught in the act of committing a crime. Private officials may also detain those who assault them personally. These comments quote the law that regulates Private Security Services (Title III and Chapter I […]

Filed Under: News Reports

Patrick Vincent Hundley imprisoned for two months

February 21, 2014 by Staff News Writer

On Thursday, a Criminal Court in Puntarenas ordered two months of preventive detention for U.S. businessman Patrick Vincent Hundley. He is facing charges of defrauding investors of $7 million and racketeering for transferring property attached with a lien. Two attorney notaries that worked with Hundley will also spend at least two months in prison. According […]

Filed Under: News Reports

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News Summary

U.S. President Orders Navy Task Force to Caribbean to Counter Venezuela Threat

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News Summary

Legislators approve moratorium for registration of shareholders

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Farmers will march to the Ministry of Agriculture

IMN warns of dangerous UV radiation this Friday

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