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Banks reopen, taxes rise as Greece pays billions to creditors
Business
1009 views
Business
1009 views

Banks reopen, taxes rise as Greece pays billions to creditors

Katy Lee | AFP - July 20, 2015

ATHENS, Greece – Greece's government hiked taxes and paid billions of euros to its creditors on Monday, as banks reopened just days after the debt-laden country reached a…

Global markets fall as Greece closes banks and twin defaults loom
Business
1520 views
Business
1520 views

Global markets fall as Greece closes banks and twin defaults loom

Ylan Q. Mui and Michael Birnbaum | The Washington Post - June 30, 2015

Also read: What if there's no deal on rescuing Greece by June 30 deadline? WASHINGTON, D.C. — Greece appeared likely to default on its debt on Tuesday, sending…

Puerto Rico’s governor says Washington must help with staggering debt
Business
1310 views
Business
1310 views

Puerto Rico’s governor says Washington must help with staggering debt

Steven Mufson and Michael A. Fletcher | The Washington Post - June 30, 2015

The Puerto Rico governor Alejandro Garcia Padilla on Monday portrayed his territory's economic condition as even more dire than previously revealed, and in a televised address appealed…

Greek talks ‘go backwards’ as default looms
Business
1232 views
Business
1232 views

Greek talks ‘go backwards’ as default looms

Danny Kemp and Alex Pigman | AFP - June 25, 2015

BRUSSELS, Belgium – Greece and its EU-IMF creditors failed to break the deadlock in emergency talks on Thursday to reach a bailout deal, raising fresh fears of a…

Europe’s pointless exercise in Greek austerity
Business
1509 views
Business
1509 views

Europe’s pointless exercise in Greek austerity

Matt O'Brien | The Washington Post - June 23, 2015

WASHINGTON, D.C. — History repeats itself, first as tragedy, then as farce, and finally as trolling. That, at least, is the case in Greece, where its lenders…

Fitch Ratings downgrades Costa Rica outlook
Business
1282 views
Business
1282 views

Fitch Ratings downgrades Costa Rica outlook

Zach Dyer - January 22, 2015

Fitch Ratings downgraded its outlook on Costa Rica’s sovereign debt from “stable” to “negative” in a statement released Thursday morning. Despite the negative outlook, Fitch maintained its…

President Solís proposes global income tax
Business
1488 views
Business
1488 views

President Solís proposes global income tax

Zach Dyer - September 21, 2014

Costa Ricans earning big bucks abroad should take note. Addressing the nation from New York on Sunday evening, President Luis Guillermo Solís announced two new taxes to improve…

Costa Rica’s Solís urges calm after Moody’s knocks investment rating down to junk status
Business
1156 views
Business
1156 views

Costa Rica’s Solís urges calm after Moody’s knocks investment rating down to junk status

Zach Dyer - September 17, 2014

President Luis Guillermo Solís told representatives from the Costa Rican Banking Association (ABC) that Moody’s Investor Services' decision to drop Costa Rica’s investment rating to junk status…

Moody’s downgrades Costa Rica’s credit rating
Business
1687 views
Business
1687 views

Moody’s downgrades Costa Rica’s credit rating

Zach Dyer - September 17, 2014

The ratings agency Moody Investors Services downgraded Costa Rica’s government bond rating to Ba1 from Baa3 with a stable outlook Tuesday. The decision came weeks after President…

Costa Ricans racked up credit card debt on TVs, travel during World Cup
Brazil 2014
1647 views
Brazil 2014
1647 views

Costa Ricans racked up credit card debt on TVs, travel during World Cup

Zach Dyer - August 8, 2014

After the blowup with Costa Rica’s once adored National Men's Team coach, Jorge Luis Pinto, some Ticos were left with a bad taste in their mouths after an…

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