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Tico Times

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New Ambassador to U.S. Will Lobby for CAFTA

TÓMAS Dueñas, president of theCosta Rican Investment Board (CINDE),former minister and successful businessman,will become Costa Rica’s ambassadorto the United States in WashingtonD.C. on Nov....

Finance Ministry Expects Worsening Fiscal Situation

THE Finance Ministry says it expectsto face adverse conditions in the comingmonths when it issues more debt bonds tocover the government’s expenses as partof...

Caribbean Trade Pact Advances in Congress

AFTER two and a half months ofanalysis, the Legislative Assembly’sPermanent Commission on InternationalAffairs has presented its report on thefree-trade agreement between Costa Ricaand the...

Comptroller Announces Audit of Road Funds

COMPTROLLER General Alex Solís,alongside new Minister of Public Worksand Transport Ovidio Pacheco, on Mondayannounced an upcoming audit of theNational Roadway Council (CONAVI),which is responsible...

Central Bank Continues Tightening Monetary Policy

THE Central Bank has raised thebasic debit and attraction-of-funds 30-dayinterest rates by a quarter of a percentagepoint to 14.25% and 13.5%, respectively,the daily La...

Golfito Mayor Surrounded by Controversy

THE latest in a string of legal actionsagainst Golfito Mayor Mauricio Alvaradohas resulted in the sentence of a month injail.The court has reduced the...

President Pacheco Names New Ministers

PRESIDENT Abel Pacheco onMonday filled most of the holes in hisCabinet following the wave of resignationsthat rocked his government during the pasttwo weeks.He named...

More Catholics Leaving Church

BISHOP José Francisco Ulloa, head ofthe Episcopal Conference, says the country’sCatholic Church is worried about thedeclining numbers of faithful Costa Ricans.“God is passing into...

River Region Prepares for Local Elections

SÁBALOS, Río San Juan – Seated onmetal folding chairs inside a plywood officeoverlooking the economically depressedtown of Sábalos, 12 mayoral candidates andtheir campaign bosses...

Shell Suspends Sale of Fuel with Additives

THE multinational Shell gasoline corporationsuspended the sale of fuel mixedwith additives in Costa Rica last Fridaypending a ruling on the legality of theproduct.Alejandro Félix,...

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