Yearly Archives: 2015
Milanés “The Cuban” Sentenced to 15 Years Prison For Fraud
QCOSTARICA - Justice was served up this morning in a San Jose criminal court for the hundreds of investors of the high yield investment company operated by Luis Angel Milanés Tamayo, known as "The Cuban", sentenced to 15 years in prison for fraud.
It's been 13 years since the sudden...
Lighter Side: How The Central Bank Sets The Exchange Rate
This caricature posted in ElFinanciero may explain the mechanism used by the Banco Central de Costa Rica (BCCR) - the Central Bank - to set the dollar exchange rate in the country.
Source: Elfinancierocr.com
Hikes of up to 72% on Industrial Fuels
QCOSTARICA - Increases up to 72% are expected in the price of gas and 35% in bunker fuel if a proposal put forward by the regulating authority of public prices and services, ARESEP, to reduce the price of gasoline and diesel by 2% if successful.
This according to the Chamber...