Italy confiscated more than 644 kilos of cocaine hidden in bags of coffee inside a boat from Costa Rica. The operation was executed by the Finance Guard in the port of Livorno, located on the west coast of the Tuscany region. Although the police action was carried out on January 15th, it was announced through […]
Archives for January 2019
Government announces investment for freight train to Limón
The government proposed the year 2020 to start the first stage of the Limonense Electric Freight Train (Telca), for which it is anticipating an investment of $440 million. The first stage of the project will include 112 kilometers between Río Frío and Limón and a 60-kilometer branch to Valle La Estrella. A second phase, still […]
Illegal miners build tunnels up to 70 meters deep in Crucitas
A series of tunnels excavated by gang members and illegal miners were detected by the Public Force in Crucitas de Cutris, San Carlos. At least five tunnels have been detected by the police in an operation called ‘Lapa 1’ to dismantle the clandestine action of the gang members determined to extract gold in that border […]
Costa Rica gets Guinness World Records by collecting plastic
Costa Rica managed to set a new Guinness World Record for the largest amount of plastic bottles collected in eight hours for recycling. The authorities of the famous book have reviewed and validated the documentation collected during the recycling event that took place on December 7th with the participation of both individual volunteers and companies […]
Costa Rican debts increased 101% in five years
Costa Ricans live in debt. Figures provided by the government on Wednesday show that, in the last five years, the financial obligations of the Costa Ricans have increased by 101%, reaching approximately ₡1.2 billion. As a result, this Wednesday the Executive Power announced a plan to mitigate the situation that distresses thousands of Costa Rican […]
Central Bank maintains inflation target for 2019 and predicts higher growth
A growth in inflation within the range of 2% to 4%, as well as an economic growth figure of 3.2%, (better than in 2018), are the official macroeconomic forecasts for this year. These are some of the estimates contemplated by the Central Bank of Costa Rica in its 2019-2020 Macroeconomic Program, which was presented on […]