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Doing Business: How countries game the World Bank’s rankings
Business
1580 views
Business
1580 views

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

Leonid Bershidsky | Bloomberg - October 29, 2015

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…

Elites in Honduras, not just gangs, the target of latest US money laundering indictment
Business
2063 views
Business
2063 views

Elites in Honduras, not just gangs, the target of latest US money laundering indictment

Zach Dyer - October 13, 2015

A money laundering indictment by the U.S. government last week against one of the most powerful families in Honduras has rattled elites in Central America used to…

7 things to consider before retiring abroad
Expat Living
1775 views
Expat Living
1775 views

7 things to consider before retiring abroad

Jonnelle Marte | The Washington Post - September 21, 2015

Is it it your goal to spend your golden years living in a hut on the beach of a Caribbean island? Or Costa Rica, perhaps? Or do…

Costa Rica’s fiscal deficit to reach 6.9 percent of GDP in 2016
Business
2322 views
Business
2322 views

Costa Rica’s fiscal deficit to reach 6.9 percent of GDP in 2016

Zach Dyer - September 2, 2015

Costa Rica’s 2016 budget is set to see the smallest percentage increase in 10 years, but the deficit continues to rise, according to comments from acting Finance Minister…

Solís: No cuts to education, security budgets in 2016
Business
1052 views
Business
1052 views

Solís: No cuts to education, security budgets in 2016

Zach Dyer - August 31, 2015

In his weekly television address to the nation, Costa Rican President Luis Guillermo Solís said there would be no new cuts to public education, security or anti-poverty…

Europe, US markets rally on China rate cut
Business
1018 views
Business
1018 views

Europe, US markets rally on China rate cut

Roland Jackson and Bill Savadove | AFP - August 25, 2015

LONDON – European and U.S. shares rebounded on bargain-hunting Tuesday as China cut interest rates after fears of a slowdown in the world's second-biggest economy sparked a "Black…

Rousseff’s horror movie may only get worse in 2nd half
Brazil
1319 views
Brazil
1319 views

Rousseff’s horror movie may only get worse in 2nd half

Raymond Colitt | Bloomberg - July 21, 2015

BRASILIA — If Brazilian President Dilma Rousseff thought it was tough imposing austerity measures in the first half of the year, she may be in for some…

Brazil in crisis means 93 company downgrades just the beginning
Brazil
1285 views
Brazil
1285 views

Brazil in crisis means 93 company downgrades just the beginning

Filipe Pacheco and Ney Hayashi | Bloomberg - July 20, 2015

Brazil is keeping credit-rating companies busy. Moody's Investors Service, Standard & Poor's and Fitch Ratings have dished out 93 corporate downgrades since Jan. 1, already more than…

Euro holds steady after Greece defaults
Business
881 views
Business
881 views

Euro holds steady after Greece defaults

AFP - July 1, 2015

TOKYO, Japan – The euro held steady in Asia on Wednesday as traders shrugged off the widely expected default by Greece, with focus now turning to the weekend's…

Global markets fall as Greece closes banks and twin defaults loom
Business
1389 views
Business
1389 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…

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