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Scotiabank Buys Interfin
Bank of Nova Scotia, based in
Toronto and known around the
world as Scotiabank,
already a major force in Latin
America, has struck a deal to
acquire the parent firm of Costa
Rica's largest private bank, for
us$330 million.
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Costa Rican Red Cross
workers search for four
U.S. tourists that were
swept out to sea near
Parrita. Two teenagers
died and two others were
missing after they were
swept away by currents
while swimming at a
Pacific Coast beach in
Palo Seco, authorities
said.
See story.
[AP Photo/Cristian
Campos]
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Search For
Bodies Comes Up Empty
The search continues for the two
missing tourists that
disappeared and are presumed
drowned in the waters of Palo
Seco, Parrita, a short distance
from Quepos. The search
yesterday was by land, air and
sea for the bodies of Brett
Carlson, 26, a Spanish professor
and Jessica Pierce, 17, a
student in Costa Rica to learn
Spanish.
That Much Closer to A
Resolution, Villalobos Investors
Group Announced
In a letter to all Villalobos
investors, the investors group
UCCR announced a date set by the
courts for the trial of Osvaldo
Villalobos.
"Green" Alert Continues
The Comisión Nacional de
Emergencias (CNE) is maintaining
a "green" alert for the Central
Valley and Pacific Coast, where
heavy rain had caused mudslides
and rivers overflowing their
banks. The green alert is a
preventive measure to alert
residents to the dangers.
Nicaragua Blames Costa Rica For
Environmental Damage to the San
Juan River
Yesterday, the leading
Nicaraguan newspaper, Diario La
Prensa, published on its front
page the news that Costa Rica is
polluting the San Juan river and
the centre of dispute between
the two countries.
WORLD
CUP SOCCER
Guimaraes Denies Martinez Was
Allowed to Play Injured
Costa Rica coach Alexandre
Guimaraes has denied that
defender Gilberto Martinez
played injured in his team's 4-2
loss to Germany in the opening
match of the World Cup on
Friday.
Some
Pothole!
The
front page of the daily Spanish
language newspaper La Nación ran
this photo of a taxi getting
stuck in a pothole in the heart
of San José, causing all kinds
of traffic problems.
Guatemala Unions Closing Ranks
Guatemalan trade unions should
bring forward a new model to
face the challenges of the
imminent free trade agreement
with the US, experts agree.
Honduras Rains Leave Damage,
Deaths
The over 48-hour uninterrupted
rains in western Honduras have
resulted in landslides,
increased river water levels,
lack of communication and at
least three people dead, local
press headlined Monday.
US in Guatemala Anti-drug Force
Guatemalan Defense Minister
Francisco Bermudez admitted
Monday there is a special
anti-drug force in formation in
the country in which some US
agents are involved.
Morales, Chavez, to Andean
Summit
President of Bolivia Evo Morales
is expected to travel to Quito
Tuesday to assume the presidency
of the Andean Community of
Nations (CAN), at a summit also
to be attended by his Venezuelan
counterpart, Hugo Chavez.
Bolivian Indigenous Denounce
Conspiracy
Eastern Bolivia’s Indigenous
Peoples Confederation (CIDOB)
Monday denounced an oligarchic
anti-government conspiracy to
encourage violence to preserve
the unused large estates.
Cuba
Denounces US Grip on Puerto Rico
Cuba denounced to the UN on
Monday the US attempts to
strengthen its economic,
political and social control on
Puerto Rico by hindering its
right to self-determination.
DEVELOPMENT-LATAM:
Toward a
New Financial Democracy?
Two
multi-billion-dollar industries
are converging in Latin America,
driven entirely by lower-income
citizens trying to improve their
economic situations.
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