The president of Chile, Sebastián Piñera, announced on Thursday that the Spanish government offered Madrid as the venue for the next COP-25 climate change summit, on the same date that it would have been held in December in Santiago, where it was canceled due to a social crisis. Yesterday, I talked with the president of […]
Costa Rica News, Summarized in English and Linked to the Source
Fitch points out weaknesses in finance and political stagnation in Costa Rica
Although the tax law was already approved and there was an endorsement for the issuance of Eurobonds, Costa Rica continues to experience weaknesses in finances and a clear political stagnation, so the risk rating of the country is category B, with a negative outlook. The information was communicated this Wednesday by the company that said […]
Central Bank reduces the Monetary Policy Rate by 50 basis points
On Wednesday night, the Board of Directors of the Central Bank of Costa Rica (BCCR), agreed to reduce the Monetary Policy Rate (MPR) by 50 basis points to remain at 3.25% per year, from October 31st, 2019. This was reported by the press department of the BCCR. Additionally, the gross interest rate of one-day deposits […]
National Geographic publishes spectacular photo taken in Costa Rica
National Geographic published in its official Instagram account an image featuring a margay cat on the Osa Peninsula. The image was taken by Charlie Hamilton. With the support of Nat Geo Society / Wyss Campaign for Nature committed to protecting 30% of the planet by 2030. A margay cat triggers a camera trap as it […]
Rodrigo Chaves is the new finance minister
Government authorities confirmed on Wednesday that Rodrigo Chaves, country director of the World Bank of Indonesia, will take office as Minister of Finance after Rocío Aguilar. Chaves has a broad career in the international organization, where he previously served as Director of the Department of Poverty Reduction and Economic Management, Latin America and the Caribbean […]
Costa Rica rejects possibility of hosting COP25
Costa Rica stands out as the possible host of COP25, after the Chilean government announced that it will not hold the summit due to the turbulent situation in that country. After hearing the news, the Ministry of Environment and Energy (MINAE) said that the organization of a conference of this level, has a long logistic […]