Latest news with #CostaRican
Yahoo
a day ago
- Business
- Yahoo
PROCOMER connects Costa Rican talent and academia with foreign investment at NAFSA 2025
The international mission combines export promotion and foreign direct investment to strengthen the development of Costa Rica's education sector. SAN DIEGO, Calif., May 29, 2025 /PRNewswire/ -- With a comprehensive approach to positioning Costa Rica as an international academic hub and a favorable environment for education investment, the Costa Rican Foreign Trade Promotion Agency (PROCOMER) is participating for the 12th consecutive year in NAFSA, the world's most prominent event in the field of international education. This year's edition, taking place from May 27 to 30 in San Diego, California, features PROCOMER's export and foreign direct investment (FDI) teams working together to promote a unified country offering that connects national talent, academic quality, and opportunities for collaboration and investment in the education sector. Laura López, General Manager of PROCOMER, stated: "At PROCOMER, we've been doubling down on our efforts to diversify both exports and foreign direct investment. Investing in the education sector not only supports that diversification but also opens many doors for Costa Rican talent. NAFSA is a key touchpoint that allows us to position Costa Rica as a high-value partner for global academic institutions and as a strategic environment for the development of educational projects. Our goal is to attract investment that builds local capacity, fosters knowledge transfer, and establishes Costa Rica as a regional benchmark in higher education." In total, more than 80 business meetings are taking place as part of this mission, spanning the promotion of education services for export and the attraction of new investment, consolidating an agenda aligned with Costa Rica's internationalization goals and the strengthening of its academic ecosystem. As part of the country brand esencial COSTA RICA, a delegation of 15 Costa Rican institutions is holding meetings with universities, academic professionals, and international partners to present a robust offering of programs such as internships, student exchanges, Spanish language courses, clinical practice, service-learning, and faculty-led initiatives. From an investment perspective, PROCOMER is also seeking to position Costa Rica as a strategic destination for institutions looking to establish operations in Latin America. Meetings are scheduled with universities from the United States (Boston), the United Kingdom, Mexico, and Spain to promote strategic alliances, analyze global education trends, and present Costa Rica's value proposition as an academic hub for the region. With its participation in NAFSA 2025, Costa Rica strengthens its presence in key international education forums, advancing a strategic vision that integrates national talent with concrete opportunities for growth, cooperation, and investment. View original content to download multimedia: SOURCE PROCOMER Sign in to access your portfolio
Cision Canada
a day ago
- Business
- Cision Canada
PROCOMER connects Costa Rican talent and academia with foreign investment at NAFSA 2025
The international mission combines export promotion and foreign direct investment to strengthen the development of Costa Rica's education sector. SAN DIEGO, Calif., May 29, 2025 /CNW/ -- With a comprehensive approach to positioning Costa Rica as an international academic hub and a favorable environment for education investment, the Costa Rican Foreign Trade Promotion Agency (PROCOMER) is participating for the 12th consecutive year in NAFSA, the world's most prominent event in the field of international education. This year's edition, taking place from May 27 to 30 in San Diego, California, features PROCOMER's export and foreign direct investment (FDI) teams working together to promote a unified country offering that connects national talent, academic quality, and opportunities for collaboration and investment in the education sector. Laura López, General Manager of PROCOMER, stated: "At PROCOMER, we've been doubling down on our efforts to diversify both exports and foreign direct investment. Investing in the education sector not only supports that diversification but also opens many doors for Costa Rican talent. NAFSA is a key touchpoint that allows us to position Costa Rica as a high-value partner for global academic institutions and as a strategic environment for the development of educational projects. Our goal is to attract investment that builds local capacity, fosters knowledge transfer, and establishes Costa Rica as a regional benchmark in higher education." In total, more than 80 business meetings are taking place as part of this mission, spanning the promotion of education services for export and the attraction of new investment, consolidating an agenda aligned with Costa Rica's internationalization goals and the strengthening of its academic ecosystem. As part of the country brand esencial COSTA RICA, a delegation of 15 Costa Rican institutions is holding meetings with universities, academic professionals, and international partners to present a robust offering of programs such as internships, student exchanges, Spanish language courses, clinical practice, service-learning, and faculty-led initiatives. From an investment perspective, PROCOMER is also seeking to position Costa Rica as a strategic destination for institutions looking to establish operations in Latin America. Meetings are scheduled with universities from the United States (Boston), the United Kingdom, Mexico, and Spain to promote strategic alliances, analyze global education trends, and present Costa Rica's value proposition as an academic hub for the region. With its participation in NAFSA 2025, Costa Rica strengthens its presence in key international education forums, advancing a strategic vision that integrates national talent with concrete opportunities for growth, cooperation, and investment.
Yahoo
a day ago
- Business
- Yahoo
US economy falls 0.2% in the first quarter, hit by Trump's trade war
The US economy shrank at a 0.2% annual pace from January through March, the first drop in three years, as President Donald Trump's trade wars disrupted business, the government said on Thursday in a slight upgrade of its initial estimate. First-quarter growth was brought down by a surge in imports as companies in the United States hurried to bring in foreign goods before the president imposed massive import taxes. The January-March drop in gross domestic product — the nation's output of goods and services — reversed a 2.4% gain in the fourth quarter of 2024. Imports grew at a 42.6% pace, the fastest since the third-quarter of 2020, and shaved more than 5 percentage points off GDP growth. Consumer spending also slowed sharply. Federal government spending, meanwhile, fell at a 4.6% annual pace, the biggest drop in three years. Trade deficits reduce GDP. But that's mainly a matter of mathematics. GDP is supposed to count only what's produced domestically. So imports — which the government counts as consumer spending in the GDP report when you buy, say, Costa Rican coffee — have to be subtracted out to keep them from artificially inflating domestic production. The first-quarter import surge likely won't be repeated in the April-June quarter and therefore shouldn't weigh on GDP. Related What happens to Trump's tariffs now a court has knocked them down? Markets jump after court rules against Donald Trump's sweeping tariffs From January through March, business investment surged 24.4%. An increase in inventories — as businesses stocked up ahead of the tariffs — added more than 2.6 percentage points to first-quarter GDP growth. A category within the GDP data that measures the economy's underlying strength rose at a 2.5% annual rate from January through March, down from 2.9% in the fourth quarter of 2024 but still solid. This category includes consumer spending and private investment but excludes volatile items like exports, inventories and government spending. Trump's tariffs have added considerable uncertainty to the economic outlook. He has imposed 10% tariffs on almost every country in addition to levies on steel, aluminium and automobiles. A federal court on Wednesday blocked the 10% tariffs as well as specific taxes on Canadian, Mexican and Chinese imports, saying the president had overstepped his authority. Thursday's report was the second of three Commerce Department estimates of first-quarter GDP. The final version arrives on 26 June. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 days ago
- Business
- Yahoo
Chelsea face fresh Club World Cup uncertainty after CAS ruling
Chelsea's opening opponents at this summer's FIFA Club World Cup remain unknown after Mexican club Leon's appeal to be reinstated was rejected by the Court of Arbitration for Sport (CAS). CAS announced on Tuesday it had dismissed appeals by Leon and Pachuca, upholding an earlier decision by FIFA that the clubs breached tournament regulations related to multi-club ownership. Leon's appeal against their expulsion from the tournament on those grounds was dismissed by CAS, which also rejected an appeal from a Costa Rican club LD Alajuelense, who were seeking to be added to the competition in Leon's place. CAS said that as a result of the ruling, FIFA would be responsible for deciding who should replace Leon. Chelsea qualified for the Club World Cup via their Champions League triumph in 2021. They will be one of two English teams at the tournament in the United States, with Manchester City qualifying as 2023 Champions League winners. Chelsea were due to face Leon in their opening game in Atlanta on June 16. Their other group stage opponents are Esperance of Tunisia and Brazilian club Flamengo.
Yahoo
2 days ago
- Business
- Yahoo
US economy falls 0.2% in the first quarter, hit by Trump's trade war
The US economy shrank at a 0.2% annual pace from January through March, the first drop in three years, as President Donald Trump's trade wars disrupted business, the government said on Thursday in a slight upgrade of its initial estimate. First-quarter growth was brought down by a surge in imports as companies in the United States hurried to bring in foreign goods before the president imposed massive import taxes. The January-March drop in gross domestic product — the nation's output of goods and services — reversed a 2.4% gain in the fourth quarter of 2024. Imports grew at a 42.6% pace, the fastest since the third-quarter of 2020, and shaved more than 5 percentage points off GDP growth. Consumer spending also slowed sharply. Federal government spending, meanwhile, fell at a 4.6% annual pace, the biggest drop in three years. Trade deficits reduce GDP. But that's mainly a matter of mathematics. GDP is supposed to count only what's produced domestically. So imports — which the government counts as consumer spending in the GDP report when you buy, say, Costa Rican coffee — have to be subtracted out to keep them from artificially inflating domestic production. The first-quarter import surge likely won't be repeated in the April-June quarter and therefore shouldn't weigh on GDP. Related What happens to Trump's tariffs now a court has knocked them down? Markets jump after court rules against Donald Trump's sweeping tariffs From January through March, business investment surged 24.4%. An increase in inventories — as businesses stocked up ahead of the tariffs — added more than 2.6 percentage points to first-quarter GDP growth. A category within the GDP data that measures the economy's underlying strength rose at a 2.5% annual rate from January through March, down from 2.9% in the fourth quarter of 2024 but still solid. This category includes consumer spending and private investment but excludes volatile items like exports, inventories and government spending. Trump's tariffs have added considerable uncertainty to the economic outlook. He has imposed 10% tariffs on almost every country in addition to levies on steel, aluminium and automobiles. A federal court on Wednesday blocked the 10% tariffs as well as specific taxes on Canadian, Mexican and Chinese imports, saying the president had overstepped his authority. Thursday's report was the second of three Commerce Department estimates of first-quarter GDP. The final version arrives on 26 June.
