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Nicaragua Parliament opens door to reelection of Daniel Ortega

January 29, 2014 by Staff News Writer

Members of the ruling Sandinista Front party, on Tuesday approved the final vote on constitutional reforms that would allow President Daniel Ortega to run for re-election indefinitely. The reforms, which were approved in a first vote in December 2013, were endorsed with 64 votes in favor, 25 against with no abstentions, at a session of […]

Filed Under: News Reports

Fed meeting key to cost of dollar in Costa Rica

January 29, 2014 by Staff News Writer

Experts predict that a decision today before Ben Bernanke, chairman of the U.S. Federal Reserve (Fed), will be key to exchange rates in Costa Rica. Should the Fed continue with a moderate reduction of the U.S. economic stimulus it is expected that the dollar (USD) will rise in Costa Rica, relative to the colon (CRC). […]

Filed Under: News Reports

Tourism sector qualifies alcohol prohibition as absurd

January 29, 2014 by Staff News Writer

National Chamber of Tourism (Canatur) is saying that the implementation of the dry law or ban on alcohol sales for the upcoming election is absurd. In particular, hotel and restaurant owners are upset that some municipalities waited until the last minute to announce bans for the election on Sunday, February 2nd. The timing precludes events […]

Filed Under: News Reports

Four years after opening, Caldera highway remains unfinished

January 29, 2014 by Staff News Writer

Opened on January 27, 2010, by then President Oscar Arias, the highway to Caldera remains unfinished. According to the Comptroller, Section II of the highway, between Ciudad Colón and Orotina is incomplete. The concessionaire, Autopistas del Sol attributes the situation to an inability to expropriate needed land. Attorney Bernal Gamboa, who represents the state says […]

Filed Under: News Reports, Transport and Travel

Taxes on cigarettes pays for medical equipment

January 29, 2014 by Staff News Writer

Under a five year plan, the Costa Rican Social Security Fund (CCSS) is using proceeds from a tax on cigarettes to fund the purchase of medical equipment. In particular, the equipment will be used to support cardiology, and counter the effects of tobacco use. In 2013 between January and November, the treasury collected a total […]

Filed Under: News Reports

High court reprimands judge for ordering unreasonable support payments

January 28, 2014 by Staff News Writer

The Constitutional Court has reprimanded a judge in the Child Support court of Hatillo, for ordering a child support payments that exceed reasonable amounts. The case in question deals with a messenger, who was ordered to make a provisional monthly payment of ¢150,000 ($300), despite earning ¢270,000 ($540) per month before taxes. The court said […]

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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