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Insidecostarica.com - San José, Costa Rica  -  Friday  15   September 2006

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Independence Torch Reaches Cartago
Once again, Costa Rica vibrated to the arrival of the Independence Day torch, with its final destination of the old city of Cartago, having left Guatemala several days ago. The torch represents Costa Rica's and Central America's independence from Spain 185 years ago.
 

Costa Rican school children take part in the traditional parade of  faroles (lanterns) celebration on the eve of Independence Day. Costa Rica and  Central America celebrates its 185th year of Independence from Spain.

Former President Rodríguez Teaching At UCR; To Unveil Book Next Week
Former president, Miguel Ángel Rodríguez, who is under investigation in the ICE-Alcatel scandal, will soon unveil his book "Di la cara" (I gave face) and has been working teaching at the Universidad de Costa Rica (UCR).

Banco Popular Facing Losses in REFCO
The Banco Popular is facing a loss with the bankruptcy of REFCO Inc., where it has us$12 million dollars in bonds in hands of U.S. bankruptcy authorities. The bank is facing two options, both of which will implicate a loss to the state institution.

VP Wants Online Gambling Industry Protected
Gambling911.com reports that Costa Rica's first Vice-President, Laura Chinchilla,  wants what is best for the online gambling industry.

Can Frischy repeat at La Ruta?
A year ago Thomas Frischknecht ended one of cycling's longest streaks, becoming the first foreign rider to triumph at Costa Rica's famed La Ruta de los Conquistadores mountain bike race.

Nu Skin to Open In Costa Rica
Nu Skin announced the opening of Costa Rica as the company's 44th global market. They will launch both Nu Skin personal care and Pharmanex nutritional products in Costa Rica.




Raul Castro: G-15 Is Pivotal
Cuba´s First Vice President Raul Castro highlighted the role of the Group of 15 as a catalyst in increasing cooperation among nations of the Southern Hemisphere, when speaking at the opening of the G-15 Summit in Havana Thursday.

Bolivia Out of Santa Cruz To-do
Members of the Bolivian administration declared themselves neutral in the conflict between the regionalist elite and farmers of eastern Santa Cruz Province, although they exhorted the farm workers to abstain from blockading that city.

IMF: Venezuelan GDP Beats Forecasts
The IMF World Economic Outlook says the Venezuela gross domestic product will roll past the IMF s April forecast of six percent growth in 2006 to reach 7.5 percent.

Mexican President Breaks with Tradition
Mexico´s President Vicente Fox will give the “Shout of Independence” on September 15 in Dolores Hidalgo, in Guanajuato, and not at the National Palace in Constitution Plaza as planned.



COLOMBIA:
'
No' to Storm Sewer Runoff, Says Fishing Village
The residents of a picturesque fishing village in northern Colombia are up in arms against a storm drain system being built by a majority Spanish-owned water and sewage company that will serve shantytowns in the nearby port city of Santa Marta, discharging the runoff into the cove where their village is nestled.
 

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