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COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

Costa Rica’s Tourism Sector Struggles

On July 1st, Costa Rica increased its value-added tax (VAT) from 8% to 13%, leading to concerns within the tourism sector. This change was a result of the expiration of the differentiated tax regime established in Law No. 9882, resulting in higher prices for products and services. This may potentially reduce the country’s competitiveness compared to other regional nations. Industry representatives, including Shirley Calvo from CANATUR, acknowledge being aware of the VAT increase but express concerns about the unfavorable timing. Alvaro Arguedas from ACOT hopes that authorities will understand the challenges faced by the tourism sector, which is still recovering from the pandemic’s devastating effects. Stakeholders emphasize the need for comprehensive solutions to address the industry’s challenges and facilitate a full recovery.

Accused Former Costa Rican President

Former Costa Rican President Guillermo Solís has been accused by the Attorney General’s Office of harming the public treasury during his administration from 2014 to 2018. He has been charged with “influence against the Public Treasury” for allegedly transferring money from the National Treasury to Bancrédito, a state-owned bank, without proper technical support or a high likelihood of return. The aim was to make the bank appear to have sufficient liquidity and avoid intervention, while potentially damaging his government’s reputation. The ex-president, through a video on Twitter, vehemently denied the charges, stating that his government always acted within the law and sought the country’s benefit.

Mexican mayor weds a reptile

In a unique tradition to bring good fortune, Victor Hugo Sosa, the mayor of San Pedro Huamelula in Mexico, married a female caiman named Alicia Adriana. The ceremony was attended by onlookers who clapped and danced in celebration. The ritual symbolizes the reconciliation of two Indigenous groups through marriage. Before the wedding, the caiman is taken from house to house for residents to hold and dance with. During the ceremony, the mayor pledged his fidelity to “the princess girl” according to local lore. The festivities included traditional music, and the mayor sealed the ceremony with a kiss on the caiman’s snout. This tradition has been practiced in San Pedro Huamelula for 230 years, as a way to seek blessings of rain, seed germination, and overall peace and harmony for the Chontal people.

Today's Top News

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Meet the Anhinga: A Unique Wetland Bird Found in Costa Rica

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The U.S. Dollar Decline in Costa Rica: What Does It Mean?

The U.S. dollar has been steadily losing value in Costa Rica. On Thursday, November 28, the buying rate was ₡506.55, and the selling rate...

Literary Festival in Guatemala Highlights Democracy and Human Rights

The Central America Cuenta literary festival, scheduled to take place next May in Guatemala with the presence of Spanish singer-songwriter Joan Manuel Serrat, will...

Costa Rica Reports Terror Links in Growing Migration Crisis

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Engineer Lives Underwater in Panama to Break World Record

At a depth of 11 meters off the coast of Panama, German aerospace engineer Rüdiger Koch has been living for two months in a...