Money

Rather than cash the Jamaican Government has announced it intends to pay oil debts it owes to Venezuela in the form of food, medication, and fertilizer.Jamaica has been accumulating oil debt with Venezuela since 2006 and is taking this...

With the intention of overcoming the backwardness in road infrastructure that affects the competitiveness of Costa Rica, Mario Redondo, member of the Alianza Democrata Cristiana, presented a bill to declare a national emergency.The initiative would allow the Government to...

There has been a growth in the number of passengers taking domestic flights because of the reduction of prices through promotions, the incorporation of daily flights, and a wider variety of destinations.About 220,000 people were transported during 2015 to...

A referendum was held on the 23rd of June to decide whether the United Kingdom should leave - Brexit - or remain in the European Union. Leave won by 52% to 48%. The referendum turnout was 71.8%, with more...

Looking to buy or build? Well, this Friday, July 29 through Sunday, July 31 Expo Vivienda 2016 will exhibit offers and credit opportunities for housing projects with lots ready for both horizontal and vertical construction of houses and condominiums.Most...

Costa Rica has gone twelve consecutive months with an inflation whose interannual variation is negative.This has had repercussion on wage increases, which have remained practically at zero.Inflation is measured by the Consumer Price Index (CPI), managed by the National Institute of...

Red taxis are still preferred by the majority of Costa Ricans over Uber, the ride-hailing service application. Uber's service and way of operating has gained great popularity since then. This information was revealed by a survey developed by the Interdisciplinary...

Regional growth will be led by Dominican Republic (6.0%), Panama (5.9%), Nicaragua and Bolivia (4.5%), and Costa Rica (4.3%) at the end of the year, according to the Economic Commission for Latin America and the Caribbean.ECLAC released its economic...

Two recent reports prove that GDP does not measure quality of life, using Costa Rica as an example for other countries. The two reports are the Happy Planet Index report and the Social Project Index of 2016. The reports use...

An efficient system of public transport has taken a very long time to be established. Why? It can be explained in part by the fact that a large part of the Government’s income is related to car ownership.Just last...