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Written by Rod Hughes
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Tuesday, 07 September 2010 18:13 |
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President Laura Chinchilla recently announced more government aid to expand day care services for small children of working mothers. According to Lorena Flores, coordinator of the National Institute for women, 52% of the nation's households depended on two incomes due to rising cost of living.
Many more are one-parent families without aid of the father's income. "Care for children and the elderly is a familiar problem, especially for female heads of households," Chinchilla wrote the the preamble to her plan.
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Last Updated on Tuesday, 07 September 2010 23:43 |
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Written by Rod Hughes
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Monday, 06 September 2010 23:13 |
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Faced with dropping Arabica strain coffee bean supplies from Colombia, foreign coffee firms are turning to Central America for their supples, according to Reuters news service. But Costa Rica will likely not benefit from that shift in the short term or in the resulting higher market prices.
Costa Rica's coffee production has declined in the past few years, according to what experts have told the Central American English-language paper, The Tico Times, recently. Local suppliers often found it hard to fulfill contract obligations to foreign distributors.
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Last Updated on Tuesday, 07 September 2010 23:54 |
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Written by Rod Hughes
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Saturday, 04 September 2010 20:29 |
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By a 2-1 vote, the three-judge tribunal hearing the corruption case against former President Miguel Angel Rodriguez and several other high officials, has okay-ed admitting testimony from key prosecution witness Jose Antonio Lobo, after strenuous defense arguments to have Lobo's statements excluded.
The case stems from the granting by the then-telecommunications monopoly ICE of a multi-million dollar cell phone contract to Alcatel. In October of 2004, the leading Spanish language newspaper La Nacion broke a front page expose accusing Lobo and another director of receiving bribes from Alcatel to push through the deal.
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Last Updated on Tuesday, 07 September 2010 23:41 |
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Written by Rod Hughes
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Friday, 03 September 2010 20:39 |
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Costa Rica's currency, the colon, has hit a two-year high, apparently prompting the Central Bank to buy $50 million in foreign exchange to drive it down again. In the past several years speculating, especially on the Internet exchanges, has caused rapid rises and drops in the currency.
According to the Bloomberg Business Week web site, the Central Bank is set to buy up to $50 million in foreign exchange in an effort to stabilize the colon, which has surged 7% in the last three months, hitting a high of 504.75 colones per dollar on Aug.31. This is on the uncomfortable side of the 500 to 645 band the Central Bank has set as a stability goal.
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Last Updated on Tuesday, 07 September 2010 20:26 |
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Written by Rod Hughes
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Friday, 03 September 2010 17:21 |
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The U.S. distributor of Costa Rica's top selling beer, Imperial, announced this week that thirsty North American customers can now use their iPhone to find the nearest place where they can buy the brand, reports the blog Top 10 Costa Rica.
The application is called by a characteristic Tico phrase denoting approval, "Pura Vida" and will show on a map the nearest bar, restaurant, grocery or convenience store in North America carrying the brew, which has become almost emblematic of Costa Rica, says distributor, North American Breweries.
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Last Updated on Tuesday, 07 September 2010 20:25 |
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