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Insidecostarica.com - San José, Costa Rica  -  Saturday 16  September 2006

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Costa Rica Celebrates 185 Years of Independence
Marking its 185th year of Independence, Costa Ricans took the opportunity to party - party Tico style, with parades, music and traditional costumes.
 

A Costa Rican university student covered in fake blood carries a sign reading 'DO YOU BELIEVE [PRESIDENT] ARIAS? I DON'T EITHER.' in a protest against the Free Trade Agreement (TLC) during celebrations of the 185th anniversary of Independence Day in San José.

Protests Mar  Independence Day Celebrations
The Independence Day celebrations to mark Costa Rica's 185th anniversary of its independence from Spain was marred by protests and confrontation with police, marring the traditional day of peace, music and parades.

Steady Rate of Exchange
The modifications in the system to establish the colon-dollar parity will not result – in the short term – in major variations in the rate of exchange, economists, scholars, former Central Bank presidents, and other experts interviewed by the daily La Nación agree.

Lower Tariff for Bananas
Costa Rica looks forward to the European Union gradually reducing the current tariff of 176 euros per ton of bananas, acting upon an analysis made by Norway.

Good News for Shrimp Lovers, Prices Drops
Though the price of fish products has remained stable during the past several weeks, the Departamento de Mercadeo del Instituto Costarricense de Pesca y Acuicultura (Incopesca) announced a considerable decrease in the price of "camarón" - shrimp.


Polls Show Ortega Ahead in Nicaragua
Nicaraguan former President Daniel Ortega, leader of the FSLN (Sandinista National Liberation Front) is the favorite to win the November presidential elections, reports a poll by Zogby International and Miami University .

Menchu: Evo Visit to Guatemala Historic
The indigenous leader and Nobel Peace prizewinner Rigoberta Menchu described the recent visit by Bolivian President Evo Morales to her country as “historic” for the encouragement and enthusiasm he left with the Guatemalan population.

Cuba Urges NAM to Unity
Cuban First Vice President Raul Castro reiterated on Friday President Fidel Castro´s call to unity and cohesion of the Non Aligned Movement, and defense of the poor countries´ rights to development, life, and future.Chavez Proposes Bank of the South

Fidel Castro Meets With Kofi Annan
Cuba's President Fidel Castro met with United Nations Secretary General Kofi Annan, who arrived in Havana to attend the 14th Summit of the Non Aligned Movement, official sources reported early Friday.

Venezuela Election Details
Equipped with over 16 million registered voters, Venezuelans move towards new objectives in the preparatory stage of presidential elections this coming December.



CENTRAL AMERICA:
Soaring Violent Crime Threatens Democracy
Soaring violent crime rates could jeopardise democracy in El Salvador, Guatemala and Honduras over the next few years if only strong-arm (‘mano dura') tactics are used to fight crime and the deeper underlying causes of the violence are not addressed, experts warn.
 

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Today's Exchange
Rate: US$1/Colones: 

Buy:  ˘518.84
Sell:   ˘520.76
Prime Rate: 8.25%
Source:
 B.C.C.R.

Today's Gasoline Prices:
Super:    ˘528 /litre
Regular:
˘501 /litre Diesel:    ˘383 /litre
 
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