A recent wave of layoffs across several sectors of the economy — from Wendy’s to Avianca — has culminated in more than 228,000 unemployed Costa Ricans at the end of the third quarter of 2014, according to figures from the National Statistics and Census Institute.
When Tom Enderlin and Mónica Quesada went in search to buy some succulent plants for their garden, they ended up getting more than they bargained for. Instead of coming home with one plant for their garden, they ended up buying the entire nursery.
Honduras, one of the poorest countries in Latin America, ridden by corruption, severely hit by violence, and showing some of the highest inequity levels in the region, seems set to build the first private city in the Central American nation’s history, to begin perhaps as early as next year.
Eurasia Group senior analyst Risa Grais-Targow cited growing challenges for President Luis Guillermo Solís’ ruling Citizen Action Party and a lack of perceived political will to rein in the country’s fiscal deficit among the drivers behind Friday's downgrade.
Publicly sponsored news outlets, government officials, and even the country's president, Nicolás Maduro, have all responded to McDonald's unthinkable french fry shortage, which spans all 100 outlets in the country, by publicly criticizing the chain, and its french fries.
Guatemalan coffee growers, devastated by a fungus known as roya that rots the leaves of coffee plants, must “learn to live” with the killer disease. That’s the sad conclusion of Julio Ligorría, Guatemala’s ambassador to the United States, speaking Wednesday to The Tico Times.
WASHINGTON, D.C. – Ticos like to complain about bribery, tax evasion, kickbacks and other dirty deeds, but business executives and foreign investors still perceive Costa Rica as the least tainted country in Central America.
Costa Rica exceeded its annual goal for foreign investment by an estimated $300 million in 2014, but new investments weren’t enough to outpace the loss of jobs from companies like Intel and Bank of America that exited the country this year.
President Luis Guillermo Solís signed an executive decree Thursday that reiterates his government’s pledge to maintain essential services, including police and hospitals, and establish protocols to guarantee that these and other public services are not interrupted by labor disputes.
