The next U.S. president is not yet known, but in the region it is expected that in an eventual new Trump administration, the focus will be on the recovery of the U.S. economy, while an eventual Biden administration would focus on countering corruption and illegal migration.
Two days after Election Day took place, the United States is experiencing an atmosphere of tension and uncertainty, since because the results are closed, neither candidate can yet be declared the winner.
While one candidate is willing to review the limits on private electricity cogeneration, and raise them from 15% to 30%, the other rejects the possibility of extracting natural gas due to its environmental implications.
In a meeting with companies in the Chamber of Industries of Costa Rica (ICRC), the two candidates who will go head to head in a second round of voting on April 1, shared their proposals to deal with issues of great importance to the industrial sector, such as electricity rates and the opening up of the electricity market, as well as the management of procedures in State institutions.
Facing a second round of elections scheduled for April 1, private sector unions are calling on the two candidates to present their economic proposals for reducing the uncertainty that currently weighs heavily on the business climate.
A solution to the fiscal problem, and options for reducing the cost of energy and other production costs that are affecting the country's competitiveness is what Costa Rican businessmen are asking of the candidates who will face a second round of elections on April 1.
The choice of Donald Trump as the 45th President of the United States is another clear example of how the deterioration of liberal democracies enlightens the way for the emergence of authoritarian leaders.
EDITORIAL
(Both the article by Kevin Casas on Nacion.com as well as this editorial prologue on CentralAmericaData.com were written one day before the presidential election in the United States, when the prognosis was that Hillary Clinton had a more than 80% chance of win the election.)
If there are doubts about the management of money of political parties in Costa Rica, the banking and tax secrecy of donors and suppliers will be lifted.
An article on Nacion.com reports that "... The Supreme Electoral Tribunal (TSE) will lift banking and tax secrecy for donors to political parties in order to verify their economic solvency, in light of suspicions about the origin of their resources. The measure aims to prevent the use of illicit money during election campaigns and also applies to any person who gives or receives money from a group, such as lenders, suppliers and bondholders of political debt. "
The president of the Supreme Electoral Tribunal of Costa Rica has evaluated in $80 million the cost of an electronic voting system which would link all polling stations together.
Statements by Luis Antonio Sobrado, Chief of Justice of Costa Rican Elections, allow a comparison of market prices with those agreed to by the institution during the evaluation of a system of electronic voting.
The Presidential candidate Luis Guillermo Solis has promised to respect the contract with the Dutch company APM for the construction of a new container dock at Moin.
The likely winner of the presidential election has backtracked on his campaign ads which stated he would "review the ports concession contracts."
The presidential candidate from the Libertarian Movement party is proposing freezing the state's payroll and implementing productivity based wages.
The Libertarian Movement (Movimiento Libertario) party said that a new government would slow hiring in the public sector and apply wages according to productivity, as they are applied in the private sector.
The virtual tie in the polls of candidates from the left, center and right is causing concern among employers.
With less than three weeks to go before the elections for the Presidency and Members of the Legislative Assembly, a poll has shown there is a tie for the top position, according to voter intentions, out of the three parties with distinct government programs, generating uncertainty about the changes to the business environment which could occur during the next term of government in the country.
In Costa Rica presidential candidate José María Villalta wants to reform income tax so that the financial sector contributes more.
Reforming the tax for the financial sector in Costa Rica will provide more resources to pay for public services and social security, as per the proposal by presidential candidate of the leftist party Frente Amplio.
The rise in the polls of José María Villalta, presidential candidate of the Frente Amplio party in Costa Rica, sparks concern among businessmen.
The business sector of the country expressed concern after a poll carried out by Unimer showed that the leftist presidential candidate has, today, between 17% and 22% of voter intentions in the country.
In Costa Rica the Constitutional Court has limited the sale of debt bonds to the media and individuals.
According to Judge Fernando Castillo, this statement will bring transparency to a means through which political parties are funded and allow control in the act of making donations and providing services during the electoral process.
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