"What I want to emphasize is that regional or systemic financial crisis will not happen in China, and the Chinese economy will not head for a hard landing," Chinese Premier Li Keqiang said last January. Roughly seven months later, China finds itself at the epicenter of a global stock market rout that has vaporized $8 trillion in wealth.
SAN FRANCISCO, California – Uber has spent more on lobbyists in the U.S. state of California than Facebook and Apple combined to fend off regulations aimed at the heart of its worldwide business model.
The right pieces seem to be there, but they’re not matching somehow. Entrepreneurs are still not talking the investors’ language; the investors are not yet very familiar or comfortable with the augmented risks of venture capital; and expats don't necessarily have the networks to find the right projects.
Uber went live in Costa Rica Friday afternoon but within hours the Public Works and Transport Ministry (MOPT) announced that it had fined two of the ride-hailing service's drivers, according to a Facebook post from the ministry. As MOPT denounced Uber, it released a statement repudiating any violence against the company's drivers after photos of a car with smashed windows surfaced on social media in the pre-dawn hours Saturday, reportedly showing a vehicle that was damaged because it was working with Uber.
Casa Presidencial said the change would free up traffic police to address other issues and clear the country’s congested roadways from unnecessary traffic jams.
The prestigious U.S. daily, which is seeking to manage a transition to digital, said it hit the milestone for digital-only subscriptions on July 30, some four-and-a-half years after launching its pay model.
"The economic recovery has lasted six years and shows no signs of old age. Most notably job growth is strong and broad-based, and wage increases are set to accelerate more significantly as the economy approaches full employment," said Scott Hoyt of Moody's Analytics.
Costa Rica could soon join the short list of countries whose citizens can apply for customs and immigration pre-approval for low-risk travelers to the United States. If approved, the expedited process could ease travel for the more than 200,000 Costa Ricans who visited the U.S. last year.
NICOYA, Guanacaste – A rowdy crowd gathered in Nicoya’s central square jeering lawmakers and interrupting speeches with calls for “water now!” as clouds gathered overhead Saturday afternoon. Errant drops fell, promising the irony of a rainstorm during a protest over water supply and drought relief, but the rain did not come.
