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Friday 
12 September 2003
San Jose,
Costa Rica

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Putting the final touches to the preparations for this weekend's festivities to celebrate Costa Rica's independence day on Monday 15 September.

[Foto: insidecostarica.com]


 NEWS
updated by 7:00 a.m. CST each day

A power failure occurring a little after 5am Friday kept a large area west of San José without electrical power for more than two hours.

The blackout affected all residences and businesses west of San José's municipal building, to the Sabana. All traffic lights in the area were all affected, as well as cable service that provides television and internet services to the area.

Electrical and cable service was restored about 7:30am. Though our servers are located outside of Costa Rica, our office in Costa Rica was affected. We apologize for any inconvenience.

Costa Rica Takes the Lead on Free Trade Agreement with Canada 
A trade delegation from Costa Rica arrives in Canada September 15 to push for more Canadian interest in a one year-old free trade agreement with the Central American nation.  >more


Limited Foreign Investment
The rhythm of increase of direct foreign investment in Costa Rica in recent years has been rather slow, according to a United Nations world report on the issue. >more


Visit from Starbucks
A delegation from Starbucks Coffee Company is to visit Costa Rica in the coming few days, in order to strengthen their ties with Costa Rican growers, according to the Costa Rican Coffee Institution (ICAFE in Spanish).  >more


Novel Idea to Fund Conservation
Costa Rica might be a remote pimple on the map of the world, but its environment minister believes he has found a solution to the global funding crisis facing nature conservation. >more


Argentina pays 2.9 billion dollars to IMF 
The Argentine government Thursday paid 2.9 billion US dollars to the International MonetaryFund (IMF) after reaching an accord on rescheduling its debt.
>more


Big airlines cancel some 9/11 flights 
American Airlines, Lufthansa and British Airways are among carriers canceling some Thursday flights because fewer people than usual were traveling on the second anniversary of the terrorist attacks, the Bloomberg News reported. >more


Remembering Sept. 11, Bush says war on terror goes on 
US President George W. Bush, taking part in a series of low-key events marking the second anniversary of the Sept. 11 terrorist attacks, said Thursday a videotape of Osama bin Laden reminded the United States that "the war on terror goes on."
>more


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 SPECIAL REPORTS: WTO-CANCUN
Rich and poor clash over farm aid
The Group of 21 (G21), which includes China, India and Brazil, has threatened the traditional dominance of rich countries during world trade talks in Cancun, Mexico.

The G21 is demanding the complete abolition of subsidies paid by rich countries to their farmers which, they say, locks the developing world out of international markets. >more




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