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THURSDAY 25 NOVEMBER  2004           .EC
A Happy Turkey Day to
all our American Friends!
 COSTA RICA

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Daily News from Costa Rica

Fischel Lawyer Free on Bail
Late yesterday afternoon, Randall Vargas, lawyer for the Corporación Fischel, who has been in preventive detention along with Fischel president, Walter Reiche Fischel and others that include former president Rafael Angel Calderón, tied to the Fischel-Caja scandal, has been set free on the payment of a ¢5.000.000 colones (us$10.500) bail. more

President Pacheco to Give Declarations on Presidential Campaign Donations
President Abel Pacheco has said he will go before a commission to give details of his acceptance of a us$100.000 donation to his presidential campaign coming from the telecommunications company Alcatel and us$500.000 from the Taiwanese companies, Pacific Company and Sunshine.
more

Public Sector Vacation Period Announced
The government announced this week the Holiday vacation schedule for public sector employees which will see many public offices closed between 20 and 31 December. However, since January 1 (a Statutory holiday) and January 2 is a Sunday, public employees won't return to work until 3 January 2005 at the earliest.
more

Costa Rica Will Take its Youth Team to UNCAF Cup
Costa Rican coach Jorge Luis Pinto announced Wednesday that he will take the second-string team to the Cup of the Central American Soccer Union (UNCAF). 
more

Thanksgiving Dinner
In Costa Rica many Americans keep the tradition with private festivities or join with their friends at a local restaurant for a traditional turkey dinner. more

 

 LATIN AMERICA

 

Daily News from Latin America and the Region

Nicaragua has destroyed 1,000 Soviet-made missiles
Nicaragua destroyed 334 Soviet-made surface-to-air missiles on Wednesday, bringing the total to about 1,000 so far this year, the Defense Ministry said.  more

Brazil wins IAEA approval for uranium enrichment
Brazil announced Wednesday that it has won approval from the International Atomic Energy Agency (IAEA) to start enriching uranium at its Resende plant.  more

Chile, Australia, US to develop passport alert system
Chile, Australia and the United States have agreed to develop an automatic information exchange and alert system on lost or stolen passports, the Chilean government said on Wednesday.  more

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The average Tico makes far less than $700 per month. 
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 SPECIAL REPORTS
 

Regular Reports from the Region

ENVIRONMENT:
Is Latin America Really a Carbon Market Pioneer?
Latin America is a big player in the world's carbon market: the region has already negotiated 210.6 million dollars of carbon emissions trading in the context of the Kyoto Protocol, which is to take effect in February 2005 and has rekindled the debate about how best to fight global warming.

The region's countries presented 46 projects under the treaty's Clean Development Mechanism (CDM), which could reduce emissions of around 55 million tons of carbon dioxide (CO2), the main greenhouse gas, produced from the combustion of fossil fuels.

Latin America, second only to Asia, is at the forefront of efforts in the developing world to reduce greenhouse gases, which are responsible for global climate change.
 
more

 

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