Cracking Down on “Emerging Capitals” Costa Rica is taking a bold step in its fight against corruption and organized crime with a new bill that aims to tackle illicit enrichment, commonly referred to as “emerging capitals.” This legislation, introduced by President Carlos Alvarado’s administration, has just passed its first debate […]
Monthly Archives: August 2024
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Costa Rica Faces New Challenges with Global Taxation Costa Rica, a country known for its lush landscapes and attractive tax incentives, is now facing a new hurdle: the global minimum tax. This 15% tax obligation, targeting multinational companies with revenues of at least 750 million euros, threatens to shake up […]
Honduran President Xiomara Castro said Thursday that her surprise decision to end an extradition treaty with the United States was to prevent it from being used in a plot against her government and military leaders. “A plan is being hatched against my government,” Castro said, a day after announcing the […]
Tomorrow, Costa Rica commemorates the “Day of the Black Person and Afro-Costa Rican Culture,” and in the city of Limón, it will be celebrated with a grand event: the Gala Grand Parade—a vibrant, multi-ethnic cultural procession filled with tradition, music, costumes, and dance. This year, the Gala Grand Parade will […]
Adults should not give a smart phone to children under 11 years of age, warns one of the main British mobile operators, EE, in a guide published this Sunday to “protect children in the digital world.” About 25% of children between 5 and 7 years old have a smartphone in […]
Tasting Caribbean cuisine while sailing along the Tortuguero River is possible thanks to the La Katonga restaurant. It is a structure installed on two boats that allow it to navigate while the guests are eating and enjoying the natural beauty. The structure is two 50-passenger boats, with two outboard motors […]
The achievement of Costa Rican independence was one of the most important points in its history. Unlike many of their neighbors, however, the Ticos managed to do so without bloodshed or revolution. While this fact is certainly a blessing, that does not mean that it was a simple process. Freedom […]
Nicaragua closed 169 NGOs on Thursday, including the children’s protection organization Save the Children, in a new crackdown by President Daniel Ortega’s government against civil society groups. Among the organizations shut down were around 90 evangelical churches and associations, about 40 cattle ranchers’ associations, a Catholic entity, a group of […]
Costa Rica Caught in the 5G Crossfire In the latest round of global tech chess, China has offered Costa Rica a “Plan B” to operate 5G networks, accusing the United States of strong-arming its allies to keep Chinese technology out of their infrastructure. As the world’s superpowers jockey for position […]
The Costa Rican Congress has approved, in its first debate, a significant bill aimed at prosecuting illicit enrichment, commonly referred to as “emerging capitals.” Introduced by President Carlos Alvarado’s administration, the bill would empower the Public Prosecutor’s Office to freeze assets when an increase in wealth without a clear lawful […]