Free Trade in Costa Rica – Is it working?
Back in Oct, 2007 Costa Rica (by a close vote (53/ 47) approved a free trade agreement (FTA) with the United States. The vote split the country, with supporters arguing it would bring economic...
View ArticleCosta Rica and China – Caribbean Refinery, Investments, Bonds and Aid
Is China using its $1.8 trillion in foreign exchange reserves, the world’s largest such cache of foreign currency, to further its political and diplomatic goals, despite promises that it would not do...
View ArticleCosta Rica’s Government Gets Sue by Villalobo Brothers Investors
One of the things the Free-Trade Agreement opened up was lawsuits. Somehow, you knew the attorneys also had to take advantage of this Free Trade thing. Canadian investors have sued the government of...
View ArticleAlico To Sell Insurance In Costa Rica – INS Competition
It seems that CAFTA may be working … for over 50 years, American Life Insurance Company has been dedicated to working families in Canada and the US won conditional approval this week to sell...
View ArticleInsurance in Costa Rica – INS – Rules of Engagement to Brokers
Every Costa Rican knows [since they can remember] the government monopoly of, oil/gas, electric, internet, and insurance has been one big headache after another. In Oct, 2007 when Costa Rica’s Free...
View ArticleDemand for High Tech Phones and Service in Costa Rica – ICE
Last week (Feb 21th) something unspeakable in this day of age happened, around 800,000 Costa Rican’s cell phone users suddenly found themselves without service. And at the same time we received a...
View ArticleAre Costa Ricans Influenced by Technology? – Tech Poll
A couple of months ago the above question was asked in Yahoo answers, and even if we answered, “yes,” and gave our reason(s), we were totally surprised that one answered, “NO.” Our second surprise, it...
View ArticleApple – ICE – iPhones – Costa Rica’s Newest Monopoly?
Beginning this week the new Apple, iPhone G4 will start selling in Costa Rica. Instituto Costarricense de Electricidad (ICE) the state’s telephone, and Internet monopoly, officially became the NEW...
View ArticleCosta Rica and China Make Another Free Trade Deal
One of the biggest bummers in Costa Rica is their infamous import tax, a horrendous tax that is applied to so-called luxury items, such as boats, vehicles and electronics. A tax that makes these items...
View ArticleCosta Rica’s Unions Strikes – Benefits & Privatization
I don’t know if it is just me, but it seems like every time you turn around Costa Rica is having some sort of labor strike. Last Monday, about 2000 union workers of Instituto Costarricense de...
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