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The sale of the "gordo" heats up as the annual Big Christmas draw will be held on Sunday. Sellers are taking advantage of the frenzy charging up to ¢1.000 colones more for each ticket despite the JPS (lottery organization) warnings. Even the president of the JPS was overcharged by a vendor who did not care who his buyer was. (archived foto]
 
  What a Blast
For a tiny country in Central America, Costa Rica has an embarrassing wealth of natural wonders: lush rain forests, cloud forests, dramatic beaches and more species of birds -- over 850 -- than the U.S. and Canada combined.
   
  Fitch Revises Outlook on Banco de Costa Rica's FC IDR to Positive
Fitch Ratings has affirmed the Issuer Default Ratings (IDRs) and all other ratings of Banco de Costa Rica (BCR).
 
 

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Wednesday 12 December 2007, San José, Costa Rica

Public Hospitals Get FundingTo Perform After Hours Surgery
To reduce the waiting list of patients waiting for surgery at public hospitals, the Caja Costarricense de Seguro Social (CCSS), said it has put aside ¢1 billion colones (us$2 million dollars) for performing surgeries in late afternoon and evenings.

Lowest Ever Fertility Rate
Costa Rica is experiencing the lowest fertility rate ever according to the Instituto Nacional de Estadística y Censos (INEC) - national statistics and census board. The birth rate has dropped to 1.9 children per woman.

Seven Arrested For Human Trafficking
Costa Rican authorities have arrested four men and three women suspected of human trafficking, said the director of the Organismo de Investigación Judicial (OIJ), Jorge Rojas.

Drug Haul From India Detected At Juan Santamaría
Costa Rica drug enforcement authorities confiscated some 2 1/2 tonees of pills used to produce Methamphetamine, popularly shortened to meth, a synthetic drug.

Construction Sector Positively Affected By The Change in Exchange Rate
The change in the exchange rate of the colon to the dollar of the past several weeks by the Banco Central de Costa Rica (BCCR) - Central Bank - will have a positive impact in the construction industry, according to the president of the Cámara de la Construcción, Jaime Molina.

Compare Prices, MEC Advises
Consumers are being advised to shop around for the Christmas season, as prices can vary up to 300% for the same item at different retail stores.

 
 
LATIN AMERICA

Central America Inks Customs Union
Representatives of Guatemala, El Salvador, Honduras, Nicaragua and Costa Rica agreed in this capital on the rules to form the Central American Customs Union.

Nicaragua Plans to Nationalize Oil Imports
In a significant move Nicaraguan president Daniel Ortega has instructed his cabinet to come up with a plan to nationalize the importation of oil, a responsibility now largely held by the U.S.-owned Esso Standard Oil.

El Salvador to Double Iraq Troops
Salvadorian president, Antonio Saca, announced deployment of a new military contingent of 280 soldiers to Iraq.

Colombia Says to Watch Students at Risk of Rebel Recruitment
Colombia's education minister said Tuesday that the government will watch those students who might be recruited by rebels after the army reported that fighters are infiltrating the country's higher education centers.

Chavez Slams US Media War
Venezuelan President Hugo Chavez denounced in this capital Tuesday that the US government is jacking up its media war against his country and other peoples.
 
SPECIAL REPORTS

GUATEMALA:
New Law to End Adoption Business
The Guatemalan Congress approved a new law Tuesday that will regulate adoptions in the framework of the Hague Convention, which goes into force in this Central American country on Dec. 31.
 

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   B.C.C.R. 12 December 2007


 

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