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Foreigners Control 92% Of
Private Banks
This week the Bank of Nova
Scotia, located in Toronto,
Canada, announced its purchase
of Costa Rica's largest private
bank, Interfin, leaving only two
private banks with Costa Rican
capital.
Survivor Recalls Its Power,
Heroes Who Defied it: Sea Turned
Deadly in Seconds
Kristy Scheuer was in the
Pacific Ocean when she noticed
the current had been slowly
pushing her farther out to sea.
Rain had started to fall.
Minimum Wage Hike Announced
The Consejo Nacional de Salarios
reached a decision yesterday the
decision to increase the minimum
salary for private sector
employees by 6% beginning July
1. The agreement was reached
following a consensus between
the country's unions, government
and business owners.
Plans Announced For Azulera
Resort & Spa
Global Financial Group,
Morristown, NJ, has announced
plans to develop Azulera Resort
Village, a us$300 million resort
community, in Guanacaste.
WORLD CUP SOCCER
Ticos
Aim to Stay in Group A
Contention
After falling to World Cup host
Germany, 4-2, in its opening
match, Costa Rica will be in
search of a win against Ecuador
today to stay in Group A
contention.
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