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Stable exchange rate drives more Costa Ricans to seek credit in dollars

Stable exchange rate drives more Costa Ricans to seek credit in dollars

Stability in the exchange rate between Costa Rica’s colon and the U.S. dollar is driving more Costa Ricans to seek dollar-denominated loans, according to the most recent data from Costa…

How Latin America’s top Libertarian party plans to win in Costa Rica

How Latin America’s top Libertarian party plans to win in Costa Rica

David Rodríguez is a 23-year-old running to be a councilman for San Rafael, a township in the city of Heredia, Costa Rica. An outspoken defender of capitalism, his youth is…

Twelve years in, accused fraudster Luis Milanes in court; prosecution seeks victims

Twelve years in, accused fraudster Luis Milanes in court; prosecution seeks victims

The trial of Luis Milanes, a 64-year-old Cuban American accused of defrauding some 500 mostly American and Canadian investors out of $46 million when his Costa Rica-based high-yield investment program,…

ICE says current phone rates are not enough to cover costs

ICE says current phone rates are not enough to cover costs

The Costa Rican Electricity Institute (ICE), which until 2009 also held a monopoly on both landline and cellular telephone service in the country, says that current rates for telephony…

U.S. man bitten by shark while surfing in Tamarindo, Costa Rica

A U.S. man required nine stitches after being bitten on the foot by a shark while surfing at Playa Grande, in Tamarindo, Guanacaste, CRHoy.com reports.…

ICR News, formerly Inside Costa Rica, acquired by investment group

ICR News, formerly Inside Costa Rica, has been acquired by a private investment group, the online news organization announced on Wednesday. …

Costa Rica not likely to see direct effect from Chinese stock market plunge; business should take advantage: Central Bank president

World markets tumbled Monday after the main Chinese stock market suffered its biggest plunge in eight years, falling 8.5 percent, but the president of Costa Rica’s Central Bank is hopeful…

In video address, four former Costa Rica presidents urge Legislature to pass Water Resources Act

In video address, four former Costa Rica presidents urge Legislature to pass Water Resources Act

In a videotaped address being circulated online, four former Costa Rican presidents - Luis Alberto Monge, Miguel Angel Rodriguez, Abel Pacheco and Laura Chinchilla - are urging the country’s Legislative…

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