Leaders of the Costa Rican Union of Private Sector Chambers and Associations on Monday evening presented the National Wages Council with their wage-hike proposal for the private sector. The proposal would change wages for the second half of the year.
Unions leaders on Monday presented Labor Ministry officials with a request for salary hikes for the private sector, to be applied in the second half of the year.
Beginning in 2015, Costa Rican lawmakers will receive only one pay raise per year – not two – according to reforms approved Tuesday in a first-round debate at the Legislative Assembly.
Originally titled “Cracking the Golden Egg,” the film stirred controversy in 2011 and was withdrawn from circulation. After significant revision and a new title, the documentary has been re-released and is making rounds at film festivals.
Costa Rica’s High School Teachers' Association on Wednesday said that four lawmakers, who previously worked as educators, filed applications to increase their pensions by taking into account their salaries as legislators rather than wages they earned as teachers.
Economists say that to achieve the government's goal of six to eight percent GDP growth, investments in the economy will have to increase by 25 to 35 percent a year, many times more than the 4.4 percent in 2013.
CARACAS, Venezuela – Venezuela's credit rating was cut by the third ratings agency in three months, as Fitch Ratings said accelerating inflation and weakening growth had fueled a wave of street protests.
BRASÍLIA – Brazil must convince markets that it can grow its economy while also slash spending and curtail inflation, analysts said after the country's credit rating sunk to near junk status.
The president of Costa Rica's Central Bank warned Johnny Araya’s economic team Tuesday after the National Liberation Party blamed the rival Citizen Action Party's possible victory at the polls on April 6 for recent volatility in the Costa Rican currency, the colón.
BUENOS AIRES, Argentina – Jorge Lischetti applied to purchase dollars from the government the day Argentina eased controls. He stashed the $300 he was allowed to buy in January in his Buenos Aires home and did the same on the first day of February.
