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Insidecostarica.com - San José, Costa Rica  - Saturday 12 May 2007

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San José Flight Information


Hostage Crisis At Russian Embassy
Shortly after midday yesterday afternoon, a young man took siege of the Russian embassy in San José, holding eight hostages, including the Russian ambassador, for more than fours hours before surrendering, without incident, to police.


The young gunman who held hostages in the Russian embassy for more than fours hours is seen being taken away by Costa Rican authorities after he surrendered. The hostage incident is believed to be over a debt that was settled at high noon on the embassy grounds. The incident ended peacefully and without injury to anyuone.

ICE Emergency Decree Illegal
The emergency declaration announced by the government to solve the energy crisis at the Institución Costarricense de Electricidad (ICE), is illegal. At least that is the legal opinion given to the government and recognized by the ministro de la Presidencia, Rodrigo Arias.

Another Gas Hike Approved
Gasoline prices are taking another jump next week, as the Autoridad Reguladora de los Servicios Públicos (Aresep), yesterday approved a request by the Refinadora Costarricense de Petróleo (Recope), for a ¢16 colones hike in the price of a litre of super gasoline and ¢15 colones for diesel.

Real Estate Investors Drawn to Unequivocal Beauty in Costa Rica
Costa Rica's large protected area of national parks and unequivocal beauty has helped spark the interest of foreign investors in purchasing Costa Rica land.

Banco Nacional Lowers Interest Rates
The Banco Nacional de Costa Rica (BNCR) yesterday announced that it has lowered its interest rates, up to 4 percentage points in some cases, in an effort to capture more business.


Ortega Refuses Trans-Oceanic Canal
Nicaraguan President Daniel Ortega warned that building a transoceanic canal through Lake Nicaragua "is not worth all the gold in the world".

Panama Roars over Negroponte Visit
US Undersecretary of State, John Negroponte, started a Panama visit amid protests, and tried to focus on economic issues.

Salvadorans to March against Hunger
The World Food Program called for an internationally supported March against Hunger in El Salvador on May 13th.

Guatemalans Protest Bankruptcy
Hundreds of Guatemalans, who lost their savings with the bankruptcy of Banco del Comercio (BANCOMER), marched down the main capital avenues Friday to demand a solution from the government.

Cuba Says Bush Time Up
The Cuban government denounced Friday the links between the Bush administration and the anti-Cuban terrorist Mafia in Miami, "proved by the freeing of Luis Posada Carriles."


RELIGION-BRAZIL:
A New Saint to Help Stem the Loss of Adherents
"We have to say no to the media that ridicule the sanctity of marriage and virginity before marriage," Pope Benedict XVI said Friday as he canonized Friar Antonio de Sant'Anna Galvão, Brazil's first native-born saint, at an open-air mass attended by a huge crowd in this southern Brazilian city.

 


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Today's Reference    Exchange Rate:  US$1/Colon
Buy: 
   ¢516.75
Sell:      ¢520.68
Source:  B.C.C.R.
Gasoline Prices:
Super:    ¢568 /litre
Regular: ¢549 /litre
Diesel:    ¢375 /litre
Source:
  RECOPE
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