‘El Niño’ currently affecting Central America could worsen, produce worst drought in 18 years, experts warn
The current ‘El Niño’ weather phenomenon could continue to worsen to produce the worst drought since 1997 along the Pacific coasts of Central America while simultaneously producing excessive rains in…
“Costa Rica economy cannot take another year” without new taxes, president says
Costa Rican president, Luis Guillermo Solis warned on Thursday that the country’s economy cannot survive another year without new tax revenue. …
Costa Rica’s Central Bank revises down 2015 growth forecast
Costa Rica’s Central Bank revised down its growth forecast for the country’s economy on Wednesday, projecting real GDP growth of 2.8% for 2015, down from its January projection of 3.4%.…
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
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
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
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.…
