Costa Rica Coffee Guide
Panama hospitals on verge of collapse as virus cases surge
Latin America
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Latin America
1452 views

Panama hospitals on verge of collapse as virus cases surge

Juan José Rodríguez / AFP - July 14, 2020

Hospitals in Panama are on the brink of collapse as coronavirus cases spike in the Central American country worst hit by the pandemic, where doctors are already…

Pandemic accelerates in the Americas amid catastrophic economic prospects
Latin America
1393 views
Latin America
1393 views

Pandemic accelerates in the Americas amid catastrophic economic prospects

Alina DIESTE / AFP - June 25, 2020

The coronavirus pandemic, which is accelerating in the Americas, could reach 10 million cases next week, the World Health Organization (WHO) said Wednesday, amid catastrophic economic prospects…

Latin America could reach 215 million impoverished people, ECLAC warns
Costa Rica
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Costa Rica
1116 views

Latin America could reach 215 million impoverished people, ECLAC warns

Oscar Ugarte Jiménez / Semanario Universidad - June 17, 2020

The United Nations Economic Commission for Latin America and the Caribbean (ECLAC) announced Monday that poverty and extreme poverty will increase considerably in the region as a…

S&P downgrades Costa Rica to ‘B’ due to coronavirus and worsening accounts
Costa Rica
1089 views
Costa Rica
1089 views

S&P downgrades Costa Rica to ‘B’ due to coronavirus and worsening accounts

AFP and The Tico Times - June 10, 2020

The rating agency Standard & Poor's (S&P) on Tuesday downgraded Costa Rica's credit rating to "B" with a negative outlook in response to doubts about the implementation of…

Pandemic leads Moody’s to drop Costa Rica’s ratings forecast
Costa Rica
1015 views
Costa Rica
1015 views

Pandemic leads Moody’s to drop Costa Rica’s ratings forecast

Alejandro Zúñiga - June 4, 2020

Moody's Investor Services, a United States-based financial company, changed its outlook on Costa Rica's ratings from stable to negative. The move comes months after the company downgraded Costa…

Costa Rica plans to invest $880 million to face coronavirus impact
Costa Rica
693 views
Costa Rica
693 views

Costa Rica plans to invest $880 million to face coronavirus impact

AFP and The Tico Times - April 9, 2020

Costa Rica presented to its Legislative Assembly on Wednesday an investment plan for $880 million to support citizens who have lost their income due to the coronavirus…

Costa Rica preparing economic support in response to coronavirus
Costa Rica
1174 views
Costa Rica
1174 views

Costa Rica preparing economic support in response to coronavirus

Alejandro Zúñiga - March 14, 2020

President Carlos Alvarado said Costa Rica is preparing a series of economic measures to protect jobs and businesses during the downturn caused by the coronavirus pandemic. In…

Costa Rica registers inflation of 0.29% in February
Costa Rica
714 views
Costa Rica
714 views

Costa Rica registers inflation of 0.29% in February

AFP and The Tico Times - March 6, 2020

Costa Rica recorded an inflation of 0.29% in February, higher than the 0.11% figure in January. Still, the accumulated total over the last 12 months remained below…

Costa Rica to take decarbonization steps this week
Costa Rica
909 views
Costa Rica
909 views

Costa Rica to take decarbonization steps this week

The Tico Times - February 24, 2020

Under the direction of the Environment and Energy Ministry (MINAE), Costa Rica this week will take steps toward achieving its goal of decarbonizing its economy by 2050.…

Deficit leads Moody’s to downgrade Costa Rica’s credit rating
Costa Rica
949 views
Costa Rica
949 views

Deficit leads Moody’s to downgrade Costa Rica’s credit rating

Alejandro Zúñiga - February 13, 2020

Moody's Investor Services, a United States-based financial company, downgraded the Government of Costa Rica's long-term bond credit ratings to B2 from B1, it announced this week in…