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COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

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Latin America could reach 215 million impoverished people, ECLAC warns

These figures represent perhaps the worst economic crisis that Latin America has experienced in its history.

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

According to S&P, Costa Rica's deficit could rise to 9% in 2020 without significant changes in 2021.

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

Costa Rica intends to grow industrial hemp, attract wealthy retirees, and encourage the science and health technology sectors as avenues for economic recovery. 

BCR confirms financial information has leaked after cybercrime group claims to publish private data [updated]

Banco de Costa Rica said it has not found evidence that sensitive information has been compromised.

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

Moody's Investor Services downgraded the Government of Costa Rica's long-term bond credit ratings to B2 from B1.

Costa Rica’s Minister of Finance resigns ahead of possible sanctions

The Comptroller recommended that President Carlos Alvarado punish her for having made an emergency payment shortly after the government took office last year.

Costa Rica announces multi-million dollar investment to stimulate economy and jobs

The Costa Rican government announced on Friday a public investment of $9.526 billion dollars.

Fitch maintains Costa Rica’s junk bond rating

Costa Rica has a BB+ credit rating with a negative outlook, one step below investment grade, from the rating agency.

This will be the biggest question when the Fed starts raising rates

Whenever the Federal Reserve does start raising interest rates – whether this week, as seems likely, or next year – the biggest question will be whether the Fed eventually ends up back where it started – at zero.

Argentina central bank president quits under pressure from Macri

BUENOS AIRES, Argentina – Argentina Central Bank President Alejandro Vanoli resigned Wednesday under pressure from President-elect Mauricio Macri, who plans to remove currency controls with reserves standing at a nine-year low.

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