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Unions threaten President Alvarado’s trip to the U.S. this month

The strike by public employees against the plan fiscal (tax reform) could truncate a trip abroad by President Carlos Alvarado, planning to make his first appearance at the 73rd general assembly of the United Nations (UN) and in search of foreign investments. The president's trip...

Cuban Farmers Shrug Off Promise of Private Ownership

MATANZAS, CUBA — Cuba’s decision to change its constitution and allow private property ownership has been shrugged off by small farmers, who say the island will never feed itself without far broader reform of state-run agriculture. Economists would expect farmers to welcome the shift towards...

Cuban reforms stress free market, private property and investment

Cuba is planning a series of potentially far-reaching changes, with a new constitution set to recognize the free market and private property, while dividing political powers between a president and a prime minister. Cuban President Miguel Diaz-Canel is said to be more accessible than the...

Thousands of Jobs and Millions in Foreign Investment At Risk in Costa Rica If Trump Wins

QCOSTARICA - U.S. presidential candidate Donald Trump's promise to limit foreign operations raises concerns in Costa Rica, where thousands of jobs and millions of dollars in foreign investment could fizzle from the country, if he is elected. For this reason, among others, many in Costa...

President Solis Fears Higher Unemployment, Accepts Some Of The Blame

(qCOSTARICA) A possible deterioration in employment opportunities, particularly among the poorest areas of the country, has President Luis Guillermo Solis worried. He expressed his concern on Friday, after learning of the Banco Central's (Central Bank) 2015 national economy growth projections dropping from a forecasted 3.4%...

Costa Rica Foreign Direct Investment Falls 21%

QCOSTARICA - The slowdown in economic activity in 2014 was also reflected in the decline in foreign direct investment, which reached $2.106 billion, 21% less than in 2013. From a report issued by the Central Bank of Costa Rica (BCCR): In 2014, operations with the external...

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