Costa Rica economy – Gran Logia Costa Rica http://granlogiacostarica.org/ Wed, 22 Sep 2021 10:13:15 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://granlogiacostarica.org/wp-content/uploads/2021/05/cropped-icon-1-32x32.png Costa Rica economy – Gran Logia Costa Rica http://granlogiacostarica.org/ 32 32 Pope Francis, don’t call me a murderer: my abortion was my right https://granlogiacostarica.org/pope-francis-dont-call-me-a-murderer-my-abortion-was-my-right/ https://granlogiacostarica.org/pope-francis-dont-call-me-a-murderer-my-abortion-was-my-right/#respond Wed, 22 Sep 2021 09:55:38 +0000 https://granlogiacostarica.org/pope-francis-dont-call-me-a-murderer-my-abortion-was-my-right/

LIMA – Niels Olson, Ecuadorian Minister of Tourism, is working hard to bring “digital nomads” to his country. He believes that attracting this new generation of freelancers who can work from anywhere for extended visits is a unique opportunity for everyone.

Olson recently tweeted that the average New York-based freelancer could cut their standard monthly costs from $ 4,000 to $ 1,000 by moving to Ecuador.

Living in a city like Puerto López, he writes, the independent expatriate could “work by the sea, live with a predominantly vaccinated population, in the same time zone, (enjoy) an excellent climate and eat fruit. fresh sea “. For Ecuador, the new influx of visitors with money to spend would help boost the country’s economy.

To this end, he says, the government of President Guillermo Lasso is preparing a temporary residence visa for these workers. It “allows foreigners to work remotely for foreign companies in Ecuador. How does this benefit our country? By bringing currencies into our economy and creating jobs, ”Olson said.

Ecuador wants to be the first Latin American country to issue such visas, and the timing could not be better. While online freelancers already moved from country to country before COVID-19, the pandemic has brought their current number to around 100 million worldwide. The Inter-American Development Bank estimates that there could be one billion mobile digital workers by 2050.

Latin America wants to compete with Europe

Some European countries are already issuing visas for digital nomads. They include Germany, Portugal, Iceland, Croatia, Estonia, and the Czech Republic, but in the Americas only four countries are on the list, namely Antigua and Barbuda, Barbados, Panama and Costa Rica.

In August 2021, Costa Rica approved a law for remote workers and international service providers, aimed at attracting digital nomads and making its travel industry more competitive. The law provides legal guarantees and specific tax exemptions for teleworkers choosing to make the country their place of work.

It allows foreign nationals earning more than $ 3,000 per month to stay in the country for up to one year, with the option to renew their visa for an additional year. If the applicants are a family, the required income is $ 5,000.

Carlos Ricardo Benavides, the legislator promoting this law, affirms that it will be a stimulus for the “economic reactivation of Costa Rica. With this legislation, which is pioneer in its field, Costa Rica has an excellent tool to make the country a destination of choice “.

Neighboring Panama is also creating short-term residences for remote workers and is considering extending tourist visas. The nation hopes to use foreign funds spent on hotels, retail and local services to jumpstart an economy that shrank 17.9% in 2020.

Mexico offers temporary residences to attract digital nomads

Mexico, meanwhile, does not offer a specific visa for digital nomads but remains one of their favorite destinations, with 20 Mexican cities currently hosting remote workers. $ 1,650 in monthly income or a bank balance of at least $ 27,000).

In Colombia, the government has approved a business law that includes special migration rules. It states that the “Government, through the Ministry of External Relations, will accelerate a special regime for the entry, stay and work of digital nomads. […] with the aim of promoting the country as a center for remote work. “

When it comes to choosing a destination, taxes are often a determining factor for digital nomads. Foreigners should take into account the facilities and infrastructure provided by the host country, says Valeria Galindo, partner in personal advisory services at accounting firm EY Perú. But no less important in the choice of destination are “the tax consequences that moving to a foreign country may have for themselves and their business.” terms of the company’s settlement agreements.

AirBnB partners with the city of Buenos Aires

Why are various Latin American countries wooing digital nomads as residents? A study by the Adventure Travel Trade Association, titled “Work and Wander: Meet Today’s Digital Nomads,” found that 87% of them earn about $ 4,500 per month and spend about 36% of that income wherever they go. resident. Their work profiles were a mix of writing, sales and computer programming.

The Nomadlist website also finds that these workers are generally young and more willing to try different experiences and visit new places.

Their disposable income – and willingness to spend it – makes digital nomads a boon to the continent’s battered travel sector. The Mexican government has found that a single person’s stay for three months or more translates into thousands of dollars pouring into the local economy.

Victoria Bramati, Airbnb’s communications manager for South America, said “the pandemic is changing the way we work, live and travel. People want to live anywhere,” and technology makes that possible . This, she adds, “happens in real time”. In June 2021, the company offered Live Anywhere on Airbnb, a pilot program where 12 people shared various Airbnb homes for 10 months. She said it was an opportunity for people to “make the world their home” for almost a year, with most of the costs being borne by Airbnb. The company recently signed an agreement with the city government of Buenos Aires to jointly promote the Argentine capital as an international destination, especially for remote workers.

Between its low costs, exotic destinations and colorful cultures, Latin America has major potential to become the next hotspot for digital nomads. And now is the time to attract travelers who don’t need – or want – to return home.

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Latin America, the next Mecca for digital nomads https://granlogiacostarica.org/latin-america-the-next-mecca-for-digital-nomads/ https://granlogiacostarica.org/latin-america-the-next-mecca-for-digital-nomads/#respond Tue, 21 Sep 2021 17:22:23 +0000 https://granlogiacostarica.org/latin-america-the-next-mecca-for-digital-nomads/

LIMA – Niels Olson, Ecuadorian Minister of Tourism, is working hard to bring “digital nomads” to his country. He believes that attracting this new generation of freelancers who can work from anywhere for extended visits is a unique opportunity for everyone.

Olson recently tweeted that the average New York-based freelancer could cut their standard monthly costs from $ 4,000 to $ 1,000 by moving to Ecuador.

Living in a city like Puerto López, he writes, the independent expatriate could “work by the sea, live with a predominantly vaccinated population, in the same time zone, (enjoy) an excellent climate and eat fruit. fresh sea “. For Ecuador, the new influx of visitors with money to spend would help boost the country’s economy.

To this end, he says, the government of President Guillermo Lasso is preparing a temporary residence visa for these workers. It “allows foreigners to work remotely for foreign companies in Ecuador. How does this benefit our country? By bringing currencies into our economy and creating jobs, ”Olson said.

Ecuador wants to be the first Latin American country to issue such visas, and the timing could not be better. While online freelancers already moved from country to country before COVID-19, the pandemic has brought their current number to around 100 million worldwide. The Inter-American Development Bank estimates that there could be one billion mobile digital workers by 2050.

Latin America wants to compete with Europe

Some European countries are already issuing visas for digital nomads. They include Germany, Portugal, Iceland, Croatia, Estonia, and the Czech Republic, but in the Americas only four countries are on the list, namely Antigua and Barbuda, Barbados, Panama and Costa Rica.

In August 2021, Costa Rica approved a law for remote workers and international service providers, aimed at attracting digital nomads and making its travel industry more competitive. The law provides legal guarantees and specific tax exemptions for teleworkers choosing to make the country their place of work.

It allows foreign nationals earning more than $ 3,000 per month to stay in the country for up to one year, with the option to renew their visa for an additional year. If the applicants are a family, the required income is $ 5,000.

Carlos Ricardo Benavides, the legislator promoting this law, affirms that it will be a stimulus for the “economic reactivation of Costa Rica. With this legislation, which is pioneer in its field, Costa Rica has an excellent tool to make the country a destination of choice “.

Neighboring Panama is also creating short-term residences for remote workers and is considering extending tourist visas. The nation hopes to use foreign funds spent on hotels, retail and local services to jumpstart an economy that shrank 17.9% in 2020.

Mexico offers temporary residences to attract digital nomads

Mexico, meanwhile, does not offer a specific visa for digital nomads but remains one of their favorite destinations, with 20 Mexican cities currently hosting remote workers. $ 1,650 in monthly income or a bank balance of at least $ 27,000).

In Colombia, the government has approved a business law that includes special migration rules. It states that the “Government, through the Ministry of External Relations, will accelerate a special regime for the entry, stay and work of digital nomads. […] with the aim of promoting the country as a center for remote work. “

When it comes to choosing a destination, taxes are often a determining factor for digital nomads. Foreigners should take into account the facilities and infrastructure provided by the host country, says Valeria Galindo, partner in personal advisory services at accounting firm EY Perú. But no less important in the choice of destination are “the tax consequences that moving to a foreign country may have for themselves and their business.” terms of the company’s settlement agreements.

AirBnB partners with the city of Buenos Aires

Why are various Latin American countries wooing digital nomads as residents? A study by the Adventure Travel Trade Association, titled “Work and Wander: Meet Today’s Digital Nomads,” found that 87% of them earn about $ 4,500 per month and spend about 36% of that income wherever they go. resident. Their work profiles were a mix of writing, sales and computer programming.

The Nomadlist website also finds that these workers are generally young and more willing to try different experiences and visit new places.

Their disposable income – and willingness to spend it – makes digital nomads a boon to the continent’s battered travel sector. The Mexican government has found that a single person’s stay for three months or more translates into thousands of dollars pouring into the local economy.

Victoria Bramati, Airbnb’s communications manager for South America, said “the pandemic is changing the way we work, live and travel. People want to live anywhere,” and technology makes that possible . This, she adds, “happens in real time”. In June 2021, the company offered Live Anywhere on Airbnb, a pilot program where 12 people shared various Airbnb homes for 10 months. She said it was an opportunity for people to “make the world their home” for almost a year, with most of the costs being borne by Airbnb. The company recently signed an agreement with the city government of Buenos Aires to jointly promote the Argentine capital as an international destination, especially for remote workers.

Between its low costs, exotic destinations and colorful cultures, Latin America has major potential to become the next hotspot for digital nomads. And now is the time to attract travelers who don’t need – or want – to return home.

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The entrepreneurial ecosystem in Costa Rica: a necessary tool? https://granlogiacostarica.org/the-entrepreneurial-ecosystem-in-costa-rica-a-necessary-tool/ https://granlogiacostarica.org/the-entrepreneurial-ecosystem-in-costa-rica-a-necessary-tool/#respond Tue, 21 Sep 2021 02:06:36 +0000 https://granlogiacostarica.org/the-entrepreneurial-ecosystem-in-costa-rica-a-necessary-tool/

I have visited different entrepreneurial cities around the world, be it Boston, Tel Aviv, Madrid, Guatemala City, which have focused monetary, logistical and urban efforts to create a true entrepreneur-centered ecosystem.

The creation of an entrepreneurial ecosystem involves the creation of a branch and the connection of different relevant social actors. This for the creation and development of companies. Understand the involvement of academia, government entities, investors, business service managers and entrepreneurship specialists at a theoretical and practical level.

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In discussing with certain thinkers of the entrepreneurial question in Central America, I consider that there is a general error of approach. Entrepreneurship support ecosystems are NOT for business creation and growth. They are tools to support the economic life of those who operate and provide technical knowledge and services to those who exist for motivated people seeking support.

The dilemma arises because the questions asked by the operators of the entrepreneurship support systems themselves are incorrect. We are faced with a situation equivalent to the question: How to create more Olympic medalists? The previous question is not a simple one, you cannot force people to be an athlete and neither can we pretend that with just training we will be competitive.

This is where I run into local thinkers who, from my perspective, confuse entrepreneurship and well-being. They continue to view entrepreneurship as a way to generate income for households and hide the reality of the state’s material impossibility of creating jobs.

Let us be frank: the state has failed to create the conditions conducive to job creation. In addition, he believes that continuing to invest millions of dollars annually in a failing SME support system will make a difference. You can cheat multiple times, but you can’t cheat them all all the time.

– Acceptance of failure within the framework of the company

– Support for investing while taking risks

– Resilience

– Open to associative models

Because as an Olympic athlete, the best outdoor conditions can exist, but without the spirit of competition, no one will come for long.

Error: not starting from the institutional base

We must start by putting entrepreneurial support at the center of any support for businesses, we cannot continue from the institutional base. The Ministry of Economy, Industry and Trade has declined in recent years, having many legal powers to execute national mega-projects and implement real public policy.

But he advocates protecting the interests of rice and sugar producers instead of thinking of the entrepreneur. It currently has a decimated Small and Medium Business Directorate, with representatives who keep only a meager register of businesses.

And this only serves to repeat the old rhetoric that must be formalized to be a good entrepreneur, as if such a thing generates profits for the market, the customer or the company itself.

A serious entrepreneurial ecosystem must set itself the goal of solving these problems:

– Lack of growth in local consumption

– Economic growth based on wages and not on capital

– Lack of credit for local businesses

– High operating and formalization costs

– Concentrate all of the above on the different profiles of entrepreneurs, whether they are self-employed, self-employed and entrepreneurs.

Time passes and is ruthless, our country has already lost eight years (or more honestly) of precious resources without really solving the local market situation: to create jobs and allow adequate business freedoms for the creation of wealth and jobs.

https://gnosiscr.com/
https://gnosiscr.com/

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UN to world leaders: to curb global warming, you must do more – News https://granlogiacostarica.org/un-to-world-leaders-to-curb-global-warming-you-must-do-more-news/ https://granlogiacostarica.org/un-to-world-leaders-to-curb-global-warming-you-must-do-more-news/#respond Mon, 20 Sep 2021 18:08:05 +0000 https://granlogiacostarica.org/un-to-world-leaders-to-curb-global-warming-you-must-do-more-news/

Pressure continues to build on increasingly anxious world leaders to step up efforts to tackle climate change

For the second time in four days, this time from UN headquarters in New York, leaders on Monday heard calls to further reduce heat-trapping gas emissions and give poorer countries more money. to develop cleaner energy and adapt to worsening impacts. of climate change.

In a private session lasting more than two hours, some 40 world leaders made “encouraging statements” on the financial front, but “there is still a long way to go” in reducing emissions, told the press the Secretary General of the United Nations, Antonio Guterres. after. He gave no details.

“We need decisive action now to avert a climate catastrophe and for that we need solidarity,” Guterres said at a post-session press conference on Monday, he told world leaders. “There is a high risk of failure” in huge climate talks six weeks from now.

Earlier, in a weekend interview, he described himself as “not desperate, but I am extremely worried”.

US President Joe Biden, who hosted a similar closed-door climate meeting on Friday, will address the issue and the US obligations when he visits the United Nations on Tuesday, according to a senior administration official who s ‘is expressed on condition of anonymity to preview the president’s remarks. The upcoming climate talks in Scotland this fall are designed to be the next step after the 2015 Paris climate agreement.

“We all agree that ‘something must be done’,” British Prime Minister Boris Johnson told leaders, according to a statement released by his office. “Yet I admit that I am increasingly frustrated that ‘something’ that many of you have committed to is nowhere near enough. It is the world’s largest economies that cause the problem, while the smaller ones suffer the worst consequences. “

Johnson said leaders should “rid the world of coal power and internal combustion engines” and stop deforestation, while rich countries must meet their pledge to spend $ 100 billion a year to help countries the poorest to cope with climate change.

“It is the developing world that bears the brunt of catastrophic climate change,” Johnson said at a press conference on Monday. “We are the guys who created the problem. … I understand the feelings of injustice in the developing world and the passionate appeals we have just heard from Costa Rica, the Maldives and other countries.

If all the planned coal plants are built, Gutteres said, “the Paris targets would go up in smoke.”

This week’s focus on climate change comes at the end of another summer of extreme weather-related disasters, including devastating wildfires in the western United States, deadly flooding in the United States , in China and Europe, a drumbeat of deadly tropical cyclones around the world and unprecedented heat waves everywhere.

Achieving some success in emission reduction pledges or financial aid during the week of UN sessions would ease the way for a deal in Glasgow, just as the first pollution reduction announcements did in 2015, especially those from China and the United States, according to experts. noted. Now these two nations are essential again. But, said Guterres, their relationship is “totally dysfunctional.”

Nigel Purvis, former US State Department climate negotiator and CEO of private company Climate Advisers, said political forces heading to Glasgow do not appear as optimistic as they were four months ago after a virtual climate summit in Biden.

As world leaders gather, activists, other government leaders and business representatives gather in New York City for Climate Week, a giant cheerleader for the action that coincides with the UN high-level meeting. And throughout the week, the pressure is on the rich countries, the G-20, to do more.

Boasting Europe’s green stimulus packages, European Commission President Ursula von der Leyen told the Climate Week opening crowd that rich countries must provide financial aid “to help countries developing not to fall into the trap of the fossil fuel economy but to jump “into an economy based on renewable energy.

A UN report released on Friday showed that current commitments to reduce carbon emissions put the world on track for 2.7 degrees Celsius warming since the pre-industrial era. It exceeds even Paris’s weakest goal of limiting warming to 2 degrees Celsius.

“It’s catastrophic,” Guterres said in the interview. “The world couldn’t live with a 2.7 degree temperature rise. “

Guterres is pushing for rich countries to meet their long-standing commitments of $ 100 billion a year in climate assistance to poor countries, at least half of which will help them cope with the impacts of global warming. So far, the world is running out of around $ 75 billion by 2025, according to a new Oxfam study.


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MacArthur and the Stubborn Nations – ARAB TIMES https://granlogiacostarica.org/macarthur-and-the-stubborn-nations-arab-times/ https://granlogiacostarica.org/macarthur-and-the-stubborn-nations-arab-times/#respond Mon, 20 Sep 2021 06:09:40 +0000 https://granlogiacostarica.org/macarthur-and-the-stubborn-nations-arab-times/





Hom many people know where are the Bahamas, Barbados or Bhutan or even Cape Verde, Cameroon, Costa Rica, Luxembourg, Malta, Mongolia, Norway, Panama, Peru, Portugal, Santa Maria, Saint Vincent, San Marino, Seychelles, Slovenia and others, or the number of their population, area, size of their economy, their political system and how to get there and the traveler has does he need an entry visa and other details?

If anyone has wondered when he heard news from any of these countries in the various media, he certainly will not remember it. A majority of these countries are stable and do not complain of political, religious, sectarian, ethnic and racial conflicts, and if they have anything, it is clear that they have managed to neutralize them and cohabit in peace.

By moving the situation to our region, starting with Iraq, Yemen, Egypt, Sudan, Libya, Algeria, Tunisia, Morocco, Mauritania, Lebanon, Syria, Jordan, Palestine, Iran, Pakistan, Turkey, Malaysian, Indonesia and finally Afghanistan and others, we will find that they care about themselves and the world about their news through all the media and 24/7 communication sites.

Not a day goes by without hearing about an explosion, or a massacre, or a tribal or sectarian conflict in one of these countries, and so on. All of these issues and events attract global media and are widely promoted in order to gain the highest number of viewers which means more commercial advertisements.

Douglas MacArthur (1888-1964) is considered one of America’s most famous war generals. He did well during World War II and played a role not only in the defeat of Japan, but in the drastic change in his face after being appointed military ruler after the surrender of Tokyo in September 1945, and continued to exercise his duties until his retirement in 1951.

During his reign, MacArthur succeeded in bringing about a profound revolution in the personality and the culture of one of the proudest peoples, and helped it to get rid of its complexes and to build its state, through a democratic system in conformity. to its traditions. He also contributed to the development of his distinguished constitution, which prohibited the cult of the emperor, participation in any war or military operation in the future, but maintained the emperor as a symbol of national unity.

He also carried out comprehensive economic, political and social reforms in Japan which contributed to the acceleration of its economic and industrial progress and its political stability; contributed to the constitutional deprivation of participation in any future foreign war and saved trillions of dollars, which Japan would spend on military machinery and directed these funds towards the development and investment of the best way.

It is clear that we have all failed over the centuries to raise our countries to the rank of half-strong countries, despite our possession of all the factors of progress and prosperity, and perhaps we need a “MacArthur”. To pull us out of the depths of our problems and put us on the path to progress. However, are we prepared for such a scenario which can radically change the structure of our societies and put us on the right track?

Paul Bremer came and ruled Iraq for years, and he had absolute authority, and General Jay Garner preceded him for a few months, and also with broad powers, but both didn’t succeed, because Iraqi politicians, and those who wore turbans from both sides thwarted all their plans.

What happened recently in Afghanistan is not far from what happened in Iraq and other countries in our region.

E-mail: a.alsarraf@alqabas.com.kw

By Ahmad alsarraf





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Costa Rica warns of unrest in developing world without more Covid aid https://granlogiacostarica.org/costa-rica-warns-of-unrest-in-developing-world-without-more-covid-aid/ https://granlogiacostarica.org/costa-rica-warns-of-unrest-in-developing-world-without-more-covid-aid/#respond Sun, 19 Sep 2021 16:19:33 +0000 https://granlogiacostarica.org/costa-rica-warns-of-unrest-in-developing-world-without-more-covid-aid/

Developing countries risk sinking into instability under the weight of the pandemic without further financial support from rich countries and the IMF, the Costa Rican president has warned.

Costa Rica, which has just over 5 million inhabitants, is known for its ecotourism. It has experienced an increase in its own debt-to-GDP ratio in recent years. President Carlos Alvarado said declining income and increased social spending caused by the pandemic was compressing governments in developing countries and pushing society to its limits.

“It has put a lot more already indebted economies under a lot more pressure,” he told the Financial Times. “There are also a lot of social demands, there is a big risk of economic, political and social instability in developing economies.

The UN has warned of a global debt sustainability crisis in the wake of the coronavirus pandemic, which pushed an estimated 100 million more people into poverty in 2020, according to the World Bank. The IMF offered further support by issuing special drawing rights or SDRs and debt service relief.

SDRs are intended to increase liquidity and can be held in reserve, exchanged for hard currencies, or used to pay obligations owed to other IMF members.

Costa Rica agreed to a nearly $ 1.8 billion SDR facility with the IMF this year, but Alvarado said that alone would not be enough to have a profound impact. He said more development finance was needed from the IMF and others. Without it, instability will affect richer countries, especially through migration or a lack of action on climate change, he said.

“I think here the phrase ‘we will not all agree until we all agree’ becomes reality,” he said. “If we want to change the world, we have to generate more support, this is the only way. “

The IMF did not immediately respond to a request for comment.

Center-left Alvarado said the government of US President Joe Biden had focused on climate change and had a more holistic approach to migration issues, but that a deeper understanding of its causes was needed, from poor harvests to lack of opportunities.

His comments came on Saturday on the sidelines of a meeting in Mexico City of the Community of Latin American and Caribbean States (CELAC), a group of 33 countries that some leftists say should replace the Organization of American States. (OAS) based in Washington. .

CELAC leaders from left and right traded beards during the meeting – including with surprise visitor Venezuelan President Nicolás Maduro – but they agreed to work widely on access to Covid-19 vaccines and a new fund for natural disasters.

Alvarado said he sees CELAC as complementary to the OAS and that smaller nations like Costa Rica have long called on G20 members, Mexico and Argentina, to relay their advocacy for more funding for the OAS. development.

Rating agency Fitch said in September that Costa Rica’s “decade-long fiscal deterioration” could reach an inflection point thanks to the belt tightening in its latest budget. But the political deadlock remains a major risk, he said, with anti-austerity protests still recent and elections scheduled for early 2022.

Alvarado said he was confident Costa Rica would remain solvent and comply with the deal with the IMF, but that development cooperation and financing were the key to success.

“The more we understand each other, the harder it will be to move policies forward,” Alvarado said.

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The total annual value of Costa Rica’s natural capital https://granlogiacostarica.org/the-total-annual-value-of-costa-ricas-natural-capital/ https://granlogiacostarica.org/the-total-annual-value-of-costa-ricas-natural-capital/#respond Sat, 18 Sep 2021 05:13:23 +0000 https://granlogiacostarica.org/the-total-annual-value-of-costa-ricas-natural-capital/

The total annual value of Costa Rica’s natural capital Is $ 14.5 billion, 23% of GDP of the country and the net present value of Costa Rica’s natural capital as a whole is $ 845 billion, according to the same study. To have a broader vision, biodiversity is directly responsible for 11% of the planet economy.

According to the executive director of the National system of conservation areas, Rafael Gutiérrez, the value of Costa Rica’s biodiversity is not measured only in terms of ecotourism. “We have to mention the role of biodiversity in the generation of building materials, new medicines and all kinds of products that we use on a daily basis,” he explained.

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A great vein of economic wealth produced by the Costa Rican natural resource can also be seen in the more than 300 surveys per year that are authorized in Costa Rica “for the development of explorations and analyzes in various wild areas protected in biology, ecology, monitoring, management, conservation and bioprospecting, ”Sinac reported.

Great biodiversity

It is important to remember that the latest data tell us that Costa Rica maintains 4% of the planet’s biodiversity in a territory that represents barely 0.03% of the earth’s geoid, comprising not only the 51,100 km2 of continental space , but also the 589,000 km2 of maritime zones space. Costa Rica was then one of the 20 countries with the greatest biodiversity in the world.

Gutiérrez noted that the constant search for alternatives for the durable the use of natural resources has been reactive and in some cases proactive. “Costa Rica is internationally recognized as a country with policies and customs that promote development that does not significantly affect the environment,” he concluded.

Ecotourism

According to Andrea Meza, Minister of Environment and Energy, ecotourism is the country’s main source of foreign currency. “More than a million people visit Costa Rica each year to observe biodiversity, generating a significant contribution to the gross domestic product. Of course, ecotourism is only one of the many uses of biodiversity, ”said the Minister.

Costa Rica Resonance

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Six things we liked this week, two we didn’t like https://granlogiacostarica.org/six-things-we-liked-this-week-two-we-didnt-like/ https://granlogiacostarica.org/six-things-we-liked-this-week-two-we-didnt-like/#respond Fri, 17 Sep 2021 21:43:00 +0000 https://granlogiacostarica.org/six-things-we-liked-this-week-two-we-didnt-like/ We liked this week

Wallingford Mayor William W. Dickinson Jr. has approved the installation of new air conditioning and other upgrades for the Animal Control Office. Lack of air conditioning in shelters became a political issue in June when temperatures hit nearly 100 degrees. Dickinson said he would follow the recommendation of the new animal control bureau director, Mitch Gibbs, who advised installing air conditioning and other work.

Officials from the Meriden school say an influx of public funds will allow the district to avoid looming tax problems. An increase in funding for Alliance District State Education Cost-Sharing Grants will offset the need to use one-time federal coronavirus relief money to balance the current year’s budget of $ 100,882,340. The city’s share of state funding is now $ 13,157,191.

Connecticut tourism officials aim to spend more money than usual on the promotion of fall foliage in an effort to help the industry bounce back from the coronavirus pandemic. As reported by The Associated Press, Governor Ned Lamont helped launch the $ 1.4 million “Full Color Connecticut” marketing campaign. “Connecticut’s tourism industry will play an important role in rebuilding our economy, which is why we have invested heavily to help it recover from the pandemic,” Lamont said.

Thanks to a federal grant, the Southington Fire Department will hire three new firefighters to improve response times in the south of the city. Full-time firefighters will be stationed at Engine Co. 3 on Clark Street. The company is a volunteer-only unit, and response times can be a challenge during the day when many volunteers are at work. Company 3 will remain a volunteer unit outside of the Monday through Friday day shift, which new employees will take care of. Funding for salaries and benefits for new positions is covered for three years by staffing the Federal Emergency Management Agency for adequate fire and emergency response.

The former site of the Mount Vernon Songbird Sanctuary was donated to the Southington Land Trust. The Trust intends to conserve it as wildlife habitat and add walking trails throughout the property. “We have to do a bit of cleaning and brushing – there are invasive plants growing there like everywhere else and we are trying to keep them under control,” Land Trust chairman Val Guarino told Record- Newspaper. The property at 1030 Mount Vernon Road is made up of two adjacent plots totaling 4.5 acres and includes a shed and non-working chimney, both intended for birds to roost.

The celebration of National Hispanic Heritage Month, September 15 to October 15, celebrates the history, culture, and contributions of Americans whose ancestors came from Spain, Mexico, the Caribbean, and Central and South America. The start date, September 15, is significant. Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua declared their independence from Spain on September 15, 1821. Mexico’s Independence Day is September 16. More information is available at https: //www.hispanicheritagemonth. govt /.

We didn’t like this week

Connecticut officials are concerned about inconsistent mask wear and vaccine rejection after 37 people were infected last month during outbreaks at a summer camp, group home and party, reported the Associated Press. Governor Ned Lamont and Acting Health Commissioner Deidre Gifford said most of those infected had not been vaccinated and some had spread the virus to loved ones.

A new report from political think tank Connecticut Voices for Children says the coronavirus recession has hit the state’s economy harder than most of the rest of the country, and the recovery will take longer. As reported by the Connecticut Mirror, the annual report of the State of Working Connecticut group found that since the Great Recession, Connecticut’s economic output has lagged in almost every other state. Connecticut’s economic output contracted 4.1% in 2020, coagainst 3.5% nationally.

]]> https://granlogiacostarica.org/six-things-we-liked-this-week-two-we-didnt-like/feed/ 0 How important is the finance law (2021 guide) ⋆ the Costa Rica news https://granlogiacostarica.org/how-important-is-the-finance-law-2021-guide-%e2%8b%86-the-costa-rica-news/ https://granlogiacostarica.org/how-important-is-the-finance-law-2021-guide-%e2%8b%86-the-costa-rica-news/#respond Fri, 17 Sep 2021 21:03:06 +0000 https://granlogiacostarica.org/how-important-is-the-finance-law-2021-guide-%e2%8b%86-the-costa-rica-news/

When it comes to describing the law relating to all aspects of finance, finance law is essential. For example, when talking about a law that controls party behavior in which financial regulation is an element of that law, the finance law can be used to describe that law. In addition, finance law is based on three pillars: operating mechanisms, the financial system and financial transactions.

And so, before we dive into the emphasis on the importance of finance law, let’s first define what finance law is.

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What is a finance law?

Well, a finance law ”is the law and regulation of the commercial banking, investment management, capital markets, insurance and derivatives sectors. This law is crucial for understanding and appreciating the general legal framework of finance, such as the formation of banking and financial regulation sectors.

Financial law also provides clear legal policy regarding all financial transactions, and it is an important part of commercial law.

How important are finance laws and regulations?

Financial law is a very comprehensive type of law that can be misunderstood quite easily. Therefore, to help provide a clear guide on its importance, we will discuss the following:

  • Importance of financial law (especially commercial law), and
  • The importance of financial regulation

This is to help make a clear distinction of how this law is applicable in different ways or areas.

The importance of commercial law

Why is commercial law important? Here are some of the main reasons why.

  1. Establishes the legal responsibilities of a business and a consumer

Whether you are a consumer, supplier, or business owner, you are bound by a set of ethical and legal responsibilities. These obligations are made to enable the success of the business transactions with which you enter into. For example, when a customer pays for a product or service, you need to make sure consumers get what they paid for. Therefore, as soon as money changes hands, the business owner is forced to fulfill a number of responsibilities.

However, when it comes to well-defined terms and conditions, this process becomes even more complex. These policies are ideal because they state how a consumer can do certain things, such as filing disputes, requesting a refund, and several other responsibilities.

  1. Training the company well

Commercial law is fundamental when setting up a business. This is because it helps you separate yourself from your business, making you two different entities. The good thing about this is that it helps the business avoid being held liable in most cases.

Moreover, with commercial law, the commercial lawyer fills out the required documentation for your business. This process ensures that your business will comply with the specific laws with which it is expected to comply.

In addition, this law also allows your business to be classified as a partnership, limited or unlimited liability company, corporation or other entity.

  1. To avoid lawsuits by examining business processes

A business is made up of several processes and transactions. And to ensure that all processes and transactions are executed accordingly, the rules of commercial law come into play. This law provides you with oversight and rules that your businesses must adhere to in all processes and transactions.

There are also several forms of litigation to which a business may be exposed. Therefore, to avoid this, commercial law can also help identify the appropriate business processes or transactions to follow. Additionally, when you trade money in a marketplace, you should be aware of the legal terms governing that exchange. Thus, this law will make it possible not only to understand but also to manage financial transactions. Visit the free legal database to learn more about legal topics.

  1. Help to resolve conflicts and disputes

Dealing with business disputes or disputes is quite a difficult thing, especially when you are not educated in commercial law. This is mainly due to the fact that conflict and dispute handling consists of several stages which will take time to overcome. These stages include negotiations, mediation, arbitration, and then litigation.

Needless to say, commercial law is essential to the successful resolution of disputes between a client and a company.

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The importance of financial regulation

The importance of commercial law

First of all, “what is financial regulation? This is a form of regulation or supervision of financial markets. So why is this important?

Well, financial regulation is an important entity in any financial market. This is simply because it helps maintain the integrity of the financial market, protecting both businesses and consumers. In addition, the financial market aims to:

  • Maintain trust and integrity in the financial system,
  • Investigate and persecute complaints and cases of market misconduct,
  • Protect customers and
  • Offer licenses to financial service providers.

Remember that problems for the economy at large can arise if a bank goes bankrupt simply because it can no longer meet its obligations to creditors or other depositors. In addition, we depend on the financial market to save, borrow and access money. In addition, insurance, taking out a mortgage and paying claims are part of it, and without a stable financial system the whole economy will collapse. These transactions are what keep our businesses running smoothly.

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How does financial regulation work?

Compromise of financial regulation of two facets: consumer protection and prudential regulation

Consumer protection: This regulation ensures that companies provide fair treatment to their customers in all areas. Whether it’s handling complaints accordingly or ensuring proper sales processes.

Prudential regulation: This regulation ensures that companies are properly governed, have appropriate risk control measures in place and have good funding to trade safely.

Therefore, for a company to operate in a financial market, it must comply with the prudential finance law. This means that it will be allowed to operate if it has met the stipulated requirements. On the other hand, consumer protection laws ensure that a business will be able to treat its customers fairly.

SP

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Costa Rica among the finalists for the Prince William Environmental Prize: https://granlogiacostarica.org/costa-rica-among-the-finalists-for-the-prince-william-environmental-prize/ https://granlogiacostarica.org/costa-rica-among-the-finalists-for-the-prince-william-environmental-prize/#respond Fri, 17 Sep 2021 14:15:01 +0000 https://granlogiacostarica.org/costa-rica-among-the-finalists-for-the-prince-william-environmental-prize/
(Alejandro Zúñiga / The Tico Times)

Fifteen finalists were named Friday to Prince William’s Earthshot Environmental Award shortlist to recognize innovative solutions to the planet’s biggest problems.

These include a teenage boy from India who designed a solar-powered ironing cart and from Costa Rica, who is at the forefront of a project to pay people to restore natural ecosystems.

A clean energy project in Nigeria, a food waste hub in Milan, Italy, a coral replacement program in the Bahamas and a clean air app in China are also on the list.

Five big winners will be announced at a ceremony in London on October 17 and each will receive £ 1million ($ 1.4million, € 1.2million) to support their initiatives.

William called those shortlisted for the inaugural award “innovators, leaders and visionaries”.

“They are working with the urgency required in this decisive decade for life on Earth and will inspire us all with their optimism about our ability to meet the greatest challenges in human history,” he said. .

The Earthshot Prize, launched in October last year, was inspired by US President John F. Kennedy’s “Moonshot” project in the 1960s to send a man to the moon.

Each of the finalists, chosen by experts from over 750 nominations, will benefit from the help of leading private sector companies to develop their projects.

They compete in five areas: how to protect and restore nature; purify our air; revive our oceans; build a world without waste; and fix our climate.

Costa Rica’s payment for environmental services (PSA) program has been instrumental in recovering the country’s forest cover.

The Earthshot Costa Rica page reads:

Forests are home to half of our plants and animals and three quarters of our birds. They suck carbon from the air and return the oxygen we breathe. Yet in 2020 more trees were felled than ever, causing 10% of global warming.

In the 1990s, Costa Rica’s vast forests were devastated, half their previous size. But the people of Costa Rica and their environment ministry had a plan to save them. Its programs pay citizens to protect forests, plant trees and restore ecosystems.

The results have been amazing. Costa Rica’s forests have doubled in size. Flora and fauna flourished, resulting in an ecotourism boom, contributing $ 4 billion to the economy.

The government is now adopting the urban areas approach. He believes that 30% of the world’s land and oceans could also be protected in this way. Winning the Earthshot Prize would help him share his knowledge and practices globally, especially in the Global South. The motto of Costa Rica is “pura vida” or “pure life”. These words could soon resonate across the world.

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