The Criminal Cassation Chamber of the Supreme Court upheld the dismissal of a case against the Minister of the Presidency, Sergio Alfaro Salas, for alleged illegal appointments while serving as chief executive of the National Insurance Institute (INS). Alfaro, appointed Minister in April of 2015, was reported for apparently naming a person in the INS […]
Archives for December 8, 2016
Solís: “it is positive that Daniel Ortega wants to improve bilateral relations, but we want actions”
President Luis Guillermo Solís spoke loud and clear about his counterpart from Nicaragua, Daniel Ortega, who mentioned the possibility to meet and smooth things over. Solís thinks it is positive what Ortega wants to do in order to improve bilateral relations, however, to see that as a real situation, he wants facts. Therefore, he was […]
National economy will continue growing for next year
If exports continue to grow as they did in 2016, the domestic production will maintain a 4% growth for 2017. Economist Ronulfo Jiménez explained that growth prospects continue, but risks such as the new US policy and the fiscal deficit should not be neglected. In 2016, sectors such as tourism, export of services, and exports […]
Panamanian and lawyer set up money laundering network from La Reforma prison
Being imprisoned in La Reforma was no impediment for a Panamanian, named Welch Sevillano, to constitute a money laundering network in partnership with a Costa Rican lawyer. Welch, a recognized fugitive in his country, would have used money from the drug trade to buy property and a dozen vehicles in Costa Rica. He also had […]
Cumulative inflation until November was 0.37%
According to data released on Wednesday by the National Statistics and Census Institute (INEC), the accumulated inflation until November was 0.37%. During this month the goods and services that showed a greater positive effect on the prices were tomato, tourist packages and automobiles. However, these increases were compensate with lower prices in air plane tickets […]