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COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

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economy

US dollar trades at highest level in three years

In the lead up to national elections here and following news that the United States Federal Reserve would raise pull back economic stimulus, the U.S. dollar reached its highest point against the Costa Rican colón, the national currency, since November 2010.

Tired of gangs and poverty, Salvadorans head to the polls Sunday to choose between the left and right

SAN SALVADOR, El Salvador – Overwhelmed by gang violence and economic inequality, Salvadorans will vote on Sunday in presidential elections marked by a heavy presence of security forces. Voters will decide if El Salvador stays with its current left-leaning government, or swings back to the right.

Venezuela struggles with getting basic goods under Chávez’s successor

CARACAS, Venezuela – On aisle seven, among the diapers and fabric softener, the socialist dreams of the late Venezuelan president Hugo Chávez looked as ragged as the toilet paper display.

Cuba sees ‘major role’ for foreign investment

Cuba plans to open its economy to greater foreign investment under a new law to be taken up soon by its legislature, a report in state-run media said Saturday.

Tourists flocked to Costa Rica in record numbers in 2013

Costa Rica welcomed some 2.4 million tourists during 2013, an increase of 3.6 percent compared to 2012, the Costa Rican Tourism Board reported Thursday.

Villalta calls budget deficit focus ‘alarmist’

Costa Rican opposition presidential candidate José María Villalta says he'll cut tax deductions and boost salaries of police and teachers if elected president, calling concerns about the country's widening budget deficit "alarmist."

Venezuela turns to army general to control soaring inflation

Venezuelan President Nicolás Maduro is turning to an army brigadier general to run the economy, two months after using troops to help control prices and slow the world's fastest inflation.

Guatemala’s sugar industry rakes in profits thanks to high productivity, low wages

Christopher Columbus first brought sugar to the Americas in the 15th century. Since then it has transformed the political and social composition of the region. Here’s a look at one Central American country’s modern industry.

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