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Low income hits the middle class directly: consumption capacity falls

November 7, 2019 by Staff News Writer

If there is a segment directly hit by a real decline in revenue over the past year, it’s the Costa Rican middle class. The families that make up the third quintile of the population, those households where the average per capita income is ₡717 thousand per month according to the National Institute of Statistics and […]

Filed Under: News Reports

Development Bank reacts to the Ombudsman’s report

November 7, 2019 by Staff News Writer

The Banking System for Development (SBD) reacted to the report “Banking System for Development and its potential to fight poverty,” prepared by the Ombudsman’s Office. The latter pointed out several shortcomings to meet SBD money recipients. This was stated in a press release. The analysis was carried out and presented by Ana Karina Zeledón, director […]

Filed Under: News Reports

President of UCCAEP resigns

November 7, 2019 by Staff News Writer

This Wednesday, and after weeks of criticism for his administration, Gonzalo Delgado, resigned as president of the Union of Chambers and Associations of the Private Business Sector (UCCAEP). A press release sent by UCCAEP says that Delgado made the decision in order to strengthen the unity of the business sector. On the initiative of Mr. […]

Filed Under: News Reports

CNE declares green alert for the Caribbean and the North Zone

November 7, 2019 by Staff News Writer

The National Emergency Commission (CNE) declared a green alert on Wednesday for the Caribbean and the Northern Zone of the country, due to heavy rains in recent days. Tropical wave number 46 entered the country on Wednesday morning causing rainy conditions in the Caribbean, North Zone and part of the Central Valley, so the entity […]

Filed Under: News Reports

Prostate cancer takes one life each day

November 6, 2019 by Staff News Writer

On average, a man dies every day from prostate cancer in the country. According to data from the National Tumor Registry, more than 1,800 cases are diagnosed each year and the high mortality rate is due to late detection of the tumor. In the month of the fight against prostate cancer, specialists call on men […]

Filed Under: News Reports

Executive will insist on persuading the OECD to exclude public banks from deposit funds

November 6, 2019 by Staff News Writer

The Executive Branch insists on defending its approach to exclude public banks from a bill to protect savers through a guarantee fund that covers their deposits in case of risk. Despite the warnings of the technical commissions of the Organization for Economic Cooperation and Development (OECD), legislators, the president of the Central Bank (BCCR) and […]

Filed Under: News Reports

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