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COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

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economy

Costa Rica consumer confidence improves but still low, study finds

Consumer optimism about the country’s economic outlook improved slightly in the past three months, according to results of the Consumer Confidence Index released Wednesday by the University of Costa Rica’s School of Statistics.

US-trained bankers tapped for new Argentine Cabinet

BUENOS AIRES, Argentina – Argentina's President-elect Mauricio Macri has named U.S.-educated bankers and executives to key posts in a Cabinet he vows will revive the economy, local news media reported Wednesday.

US Fed officials emphasize gradual tightening

Federal Reserve officials stressed Thursday that policy should be tightened only gradually after U.S. interest rates are increased for the first time since 2006, with New York Fed President William C. Dudley saying the conditions for liftoff "could soon be satisfied."

Doing Business: How countries game the World Bank’s rankings

For some governments, improving their country's standing in the World Bank's Doing Business survey has become a national priority. Yet the results of such efforts sometimes are deceptive.

World Bank: Doing business in Costa Rica has never been easier

The single largest area of improvement for Costa Rica in the new report was in access to credit. Costa Rica rocketed to 7th in the world in the 2016 report compared to 90th in 2015.

Costa Rica to drop interest rates in attempt to jump-start economy

Casa Presidencial presented the plan Monday with a proposal to lower interest rates 2 percent and spark GDP growth to 4 percent by the end of next year.

Scandal-plagued Honduras needs dramatic overhaul, say analysts

Today, 62 percent of Hondurans live in poverty and 42 percent live in “extreme poverty.” To make matters worse, violence and organized crime is fueling emigration, while the country’s weakened institutions are encouraging a process of remilitarization.

Numbers reveal Costa Rica’s stagnant position in adventure tourism market

The number of tourists visiting Bhutan — an isolated mountain kingdom in the Himalayas — jumped by 49.9 percent from 1999 to 2013, while tourism to much more accessible Costa Rica rose by only 6 percent over the same period. What gives?

Trans-Pacific Partnership: 12 Pacific countries seal huge free trade deal

Twelve Pacific rim countries sealed a Trans-Pacific Partnership deal early Monday on creating the world's largest free trade area, delivering U.S. President Barack Obama a major policy triumph.

Trans-Pacific Partnership negotiators push hard for deal

ATLANTA, Georgia – Officials from 12 countries including the United States, Japan and Australia appeared close to a deal on an ambitious Pacific Rim trade pact Saturday as negotiations went into the second day of overtime.

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