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World Bank: Zika will cost Latin America $3.5 billion in 2016
Brazil
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Brazil
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World Bank: Zika will cost Latin America $3.5 billion in 2016

The Tico Times - February 18, 2016

Economic losses associated with the mosquito-borne Zika virus spreading across Latin America and the Caribbean are expected to total roughly $3.5 billion this year, according to initial estimates from…

Latin America to stagnate on Venezuela, Brazil, World Bank says
Business
2163 views
Business
2163 views

Latin America to stagnate on Venezuela, Brazil, World Bank says

David Biller | Bloomberg - January 6, 2016

RIO DE JANEIRO - Latin America's economy will stagnate in 2016 as commodity-dependent countries such as Brazil and Venezuela drag down the entire region, offsetting a positive…

With COP21 underway, development banks urged to boost ‘green finance’ in Latin America
#cop21
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#cop21
2660 views

With COP21 underway, development banks urged to boost ‘green finance’ in Latin America

Larry Luxner - December 1, 2015

WASHINGTON, D.C. – Mitigating the expected ravages of climate change – let alone investing in sustainable infrastructure projects – won’t come cheap, say finance experts who calculate…

Costa Rica ranks healthiest country in Latin America
Health
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Health
7264 views

Costa Rica ranks healthiest country in Latin America

L. Arias - November 3, 2015

Along with being one of the happiest places in the world, it turns out Costa Rica is among the healthiest. A recent study by Bloomberg ranks Costa Rica as the healthiest…

Doing Business: How countries game the World Bank’s rankings
Business
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Business
2366 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…

World Bank: Doing business in Costa Rica has never been easier
Business
3110 views
Business
3110 views

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

The Tico Times - October 28, 2015

Doing business in Costa Rica has never been so easy, according to a new survey from the World Bank. Costa Rica's ease of doing business ranking leaped…

World Bank: Extreme poverty to fall below 10 percent
Global
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Global
2059 views

World Bank: Extreme poverty to fall below 10 percent

Jeremy Tordjman | AFP - October 4, 2015

WASHINGTON, D.C. – Extreme poverty will this year fall to less than 10 percent of the global population for the first time, although there is still "great concern"…

As US, Cuba renew ties, report urges ‘economic reintegration’
Business
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Business
1785 views

As US, Cuba renew ties, report urges ‘economic reintegration’

Larry Luxner - July 18, 2015

WASHINGTON, D.C. — Monday at precisely 10 a.m. Cuba’s flag will rise for the first time in 54 years over the country’s stately old mission along Washington’s 16th…

World Bank offers encouraging prognosis for Central America in 2015
Business
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Business
2510 views

World Bank offers encouraging prognosis for Central America in 2015

Larry Luxner - December 15, 2014

WASHINGTON, D. C. – A strong U.S. economy and lower world oil prices will only mean good news for Central America next year, predicts the World Bank…

Costa Rica ranks 83rd in the world for doing business
Business
2518 views
Business
2518 views

Costa Rica ranks 83rd in the world for doing business

The Tico Times - October 29, 2014

Other countries are outpacing Costa Rica when it comes to improving the ease of doing business, according to a press release from the World Bank. The World…