Tag: Costa Rica news
While Argentina and Venezuela grapple with skyrocketing inflation, significantly eroding residents' incomes, most Latin American nations are witnessing a price deceleration post-pandemic.
The region's two dominant economies, Brazil and Mexico, have been gradually curbing these widespread price hikes, aligning more...
The Prosecution Office of Costa Rica has initiated an investigation into President Rodrigo Chaves and several government members over alleged influence trafficking.
The investigation comes after businessman Leonel Baruch filed a complaint.
Baruch's complaint centers on a legal dispute with his...
The Constitutional Court of Ecuador today recommended renegotiating certain parts of the Commercial Association Agreement, signed with Costa Rica on March 1st, upon establishing that several articles of the agreement are unconstitutional.
The decision came with the support of five...
During the first half of 2023, Costa Rica reported a fiscal deficit of 0.9% of its Gross Domestic Product (GDP), marking the best performance for this period in the last 15 years, according to the Ministry of Finance.
This figure...
Costa Rica's Tourism Institute (ICT) announced the conclusion of its Central Pacific cruise season with the docking of 263 ships, carrying 91,000 tourists.
This reaffirms Costa Rica's status as a prominent tourist destination.
From September 2022 to July 2023, the cruise...
The European Commission President, Ursula von der Leyen, has stated that Costa Rica plays an essential role in the European Union's (EU) campaign against climate change, following a meeting with Costa Rican leader, Rodrigo Chaves.
She also voiced her endorsement...
Costa Rica experienced a significant recovery in its tourism sector during the first semester of 2023.
According to the Costa Rican Tourism Institute (ICT), the country welcomed 1,338,303 tourists by air, marking a 19.4%
increase compared to the same period in...
The governments of the United States and Costa Rica announced on Friday that the United States will donate a coast guard station and a dock in the Caribbean region of Costa Rica.
The U.S. Embassy, the Ministry of Public Security,...
A bill submitted to the Costa Rican Legislative Assembly proposes to give legal certainty to cryptocurrency transactions and establish a regulation on the exercise of the activities that are developed from the asset that is guarded and transferred virtually.
According...