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“Costa Rica aims to become the Korea of South America”

QCOSTARICA - The president of Costa Rica had good reasons for saying the country must aspire to be known as the “Korea of South America" said Rodolfo Solano, minister of foreign affairs and worship, speaking at the Costa Rican Embassy in Seoul during his...

The coronavirus pandemic raised poverty in Latin America to 33.7%, its highest level in 12 years

Q REPORTS - Poverty in Latin America increased in 2020 to the highest levels in the last 12 years, reaching 33.7% of the total population of the region, due to the economic crisis caused by covid-19, reported this Thursday the Economic Commission for Latin...

Costa Rica among the Latin countries where inflation fell the most during the pandemic

QCOSTARICA - Costa Rica, along with Nicaragua, are the countries where inflation fell the most in Latin America, with a decrease of more than two percentage points compared to September 2019 with the same month this year, considering the pandemic factor. This was revealed by...

Costa Rica is among the most indebted in Latin America

QCOSTARICA - The Government of Costa Rica stands out in Latin America for being one of the countries with the highest indebtedness as of September 2020, and is also among those that have increased debt the most this year. This is clear from the study...

ECLAC: Foreign investment in Latin America will fall around 50% in 2020

QCOSTARICA - The Economic Commission for Latin America and the Caribbean (ECLAC) estimates that Latin America and the Caribbean is the region forecast to have the steepest decline in Foreign Direct Investment (FDI). The ECLAC says FDI in the region would fall between 45% and...

IMF: Latin America Will Suffer Worst Economic Crisis in Its History

(QREPORTS) The International Monetary Fund (IMF) has lowered its growth prospects for Latin America and the Caribbean by predicting that economic activity will fall by 9.4% this year due to the impact of the coronavirus pandemic. To help these governments, the IMF approved an additional...

2014-2020 period will mark the lowest growth in the last seven decades for Latin American economies

The economic overview for Latin America and the Caribbean in 2019 is occurring in a particularly complex context, reports the Economic Commission for Latin America and the Caribbean (ECLAC). The region is exhibiting an economic deceleration that is widespread and synchronized among countries and sectors,...

Youth propose climate actions in Costa Rica global conference

Around 70 young people kicked off a new regional climate challenge - 1,000 actions for change - on Monday, October 7, in the presence of the Vice President of Costa Rica, Epsy Campbell Barr. The challenge seeks to map out more than a thousand youth-led...

After Venezuela, Nicaragua will be the economy that will fall most this year in Latin America

The Economic Commission for Latin America and the Caribbean (ECLAC) said that Nicaragua will be one of the three economies where imports will be contracted, as well as the Gross Domestic Product (GDP), a forecast that is in line with the International Monetary Fund...

Latin America poised to agree world’s first legal pact for nature defenders

Latin American countries are poised to agree the world’s first legally binding convention to protect environmental defenders at a conference in San Jose, Costa Rica, the Ninth meeting of the negotiating committee - Principle 10. The eventwill take place from February 28 to March 4...

Senior citizens: An ever-growing population in Latin America

(Q24N) In the past, Latin America and the Caribbean were known as youthful regions with high birth and fertility rates. Today, the statistics say otherwise; adults are now overpowering the population. Since this is a matter of importance when the development of Latin America is...

Latin America’s Rural Exodus Undermines Food Security

Q24N (IPS) - In Latin America and the Caribbean, which account for 12 per cent of the planet’s arable land, and one-third of its fresh water reserves, a number of factors contribute to soil degradation and to a rural exodus that compromises food security...

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