The basic passive rate (TBP) will drop 5 basis points for the second consecutive week. It will stand at 4.50% from Thursday, March 16th. The indicator is still 105 basis points below the figure shown on the same date, a year earlier. The decrease of this week was influenced by a fall in the rates […]
Costa Rica News, Summarized in English and Linked to the Source
Redondo: “INCOFER wasted 25 million colones”
Mario Redondo denounced that the Costa Rican Railways Institute (INCOFER) wasted ¢ 25 million when hiring an international consultant for railway modernization. Redondo said that consultant John Wiley Orrison, who was presented as an expert on the subject, received $ 45,000, but he made no relevant contribution to the transformation of the country’s railway system. […]
When La Platina bridge is finally opened, drivers’ restrictions won’t longer be applied
When the three new lanes on La Platina bridge are finally opened, as well as Alajuela-San José road, drivers’ restrictions won’t longer be applied. According to Minister of Public Works and Transport Carlos Villalta, drivers will be able to use the road next week, but there isn’t a specific date. Once it is done, there […]
Costa Rica is still affected by a cold front
The country is still affected by a cold front, which caused intermittent rains in the Caribbean and North Zone during Wednesday morning. In the afternoon the conditions were windy throughout the Central Valley and the North Pacific, and there were strong wind gusts of up to 90 km / h, mainly due to the increase […]
RECOPE Workers’ Union will defend the monopoly institutional mechanisms
RECOPE Workers’ Union (Sitrapequia) will defend the monopoly institutional mechanisms, which face a referendum process that aims to open the sector. Manuel Rodríguez, general secretary of the union, explained that its main objective was to raise awareness in the population by providing information about the importance of the institution. He added that if taxes are […]
Millennials and politics: apathy or antipathy?
Millennials are active, “digital” people and play a decisive role in the present and future of the country. However, their apathy for politics worries parties that should redouble their efforts to try to win tis population’s interest in the 2018 elections. The millennium generation goes from 18-to-35-year-old people. According to data from the Supreme Court […]