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Tougher Law Against Human Trafficking Published

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Legislation adds one dollar to the airport tax to leave the country

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After years of waiting, Friday morning the law against human trafficking was published in La Gaceta, the official government newsletter.

The legislation includes new provisions and raised the penalties for the trafficking of persons.

For example, in the case where the victim is a minor or a person with disabilities, the prison term is from 10 to 15 years, up from 6 to 10 in the 2009 amendment.

The law also lists human trafficking as a crime of organized crime and adds one dollar more to the “exit” tax – tax paid for leaving the country at the airports.

The increase tax will be used to strengthen and fight against human trafficking.

According to the immigration service, between 2009 and current, there have been 91 victims of this type of crime in Costa Rica.

The legislation had received second and final vote last November.

Human trafficking in Costa Rica  (from Wikipedia)
Costa Rica is a source, transit, and destination country for women and children subjected to trafficking in persons, specifically forced prostitution. To a lesser but increasing extent, Costa Rica is a source, transit, and destination country for men, women, and children subjected to conditions of forced labour, particularly in the agriculture, construction, fishing, and domestic service sectors.

Costa Rican women and children are forced into commercial sexual exploitation within the country, and to a limited extent, in Nicaragua and Mexico. Women and girls from Nicaragua, the Dominican Republic, Guatemala, Colombia, and Panama have been identified in Costa Rica as victims of forced prostitution.

Child sex tourism is a serious problem, particularly in the provinces of Guanacaste, Limon, Puntarenas, and San Jose. Child sex tourists arrive mostly from the United States, Germany, Sweden, and Italy. Young men from Nicaragua, Vietnam, China and other Asian countries, are subjected to conditions of forced labour in Costa Rica: during the reporting period, nine Vietnamese men were found in conditions of forced labor in the fishing industry. Costa Rica serves as a transit point for foreign nationals trafficked to Mexico, Canada, the United States, and Europe.

The Government of Costa Rica does not fully comply with the minimum standards for the elimination of trafficking; however, it is making significant efforts to do so. During the past year, the Government of Costa Rica continued to raise public awareness about human trafficking and trained many government officials, in addition to maintaining limited victim services. However, the government’s law enforcement efforts lagged with respect to holding trafficking offenders accountable for their crimes and in adequately addressing domestic cases of human trafficking.

Prosecution
The Government of Costa Rica sustained law enforcement efforts against human trafficking. The penal code prescribes penalties for the movement of persons both across borders and within the country for the purposes of prostitution, sexual or labor servitude, slavery, forced work or services, servile marriage, forced begging, or other forms of compelled service.

The statute also prohibits illegal adoption, which does not fall within the international definition of human trafficking. Sentences may be increased under aggravated circumstances, such as the victimization of a child or a trafficker’s use of deception, violence, intimidation, or coercion. The penalties set forth are sufficiently stringent and commensurate with those prescribed for other serious crimes, such as rape. The penal code additionally prohibit child sex trafficking and authorizes the use of expanded law enforcement and investigative measures, such as wiretapping and the use of anticipated testimonies, when undertaking human trafficking cases.


Human trafficking around the world

Human trafficking is the illegal trade of human beings mainly for the purposes of commercial sexual exploitation or forced labour. Trafficking is a lucrative industry. It is second only to drug trafficking as the most profitable illegal industry in the world.

A world map showing the legislative situation in different countries to prevent female trafficking as of 2009 according to Woman Stats Project
A world map showing the legislative situation in different countries to prevent female trafficking as of 2009 according to Woman Stats Project
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ICT Tourism Ad in Madrid Shows Image of Macaw Not Found In Costa Rica

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Image of Macaw in Madrid subway billboard IS NOT Costa Rican!

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For 2013 the  Instituto Costarricense de Turismo (ICT) has targeted Madrid to promote Costa Rica as a tourist destination to the Spanish community. Using the “Lapa” (Macaw) is part of the display advertising to achieve the goal.

According to Ireth Rodríguez, marketing director at the ICT, the advertising campaign is a cooperative effort with the Spanish company, Corte Inglés, where each will contribute 50% to the cost.

However, there is an error that has not went unnoticed.

The images on display in the Madrid subway shows a bird with green, orange, black, blue and white plumage. The billboard also shows images of volcanoes and forests in Costa Rica, with the tagline, “Discover Costa Rica”.

But, the Lapa in the ad IS NOT Costa Rican!   Experts have confirmed that the bird displayed in the ad is not found in Costa Rica. If fact, it is not found anywhere, it is a hybrid image.

The image is believed to be a composite of the Ara Ararauna (known as the blue-yellow macaw, native to South America) and the Ara Macao, the scarlet macaw living in Costa Rica and possible even crossed with the Ara Ambigua, the great green macaw that lives in the country and is in danger of extinction.

Asked about the error, Rodriguez replied, “we are investigating and when our advertising executive returns from Span we will have clearer details”.

The marketing director added that they discovered the error once the billboard went up, adding that ally Corte Inlgés has its own marketing team and advertising agencies to develop campaigns.

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Puriscal Hotel That Burned Down Had An Eviction Order Against It

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What really happened in Puriscal in the early hours of Friday morning fire that caused the death of five and critically injured several others? Fire Chief, Hector Chávs, says that poor conditions of the building made it a death trap.

Cháves explained that the lack of an alarm and smoke became lethal elements for the victims of the fire. The Fire Chief said the victims were unaware of the fire that began shortly after 1:00am.

In addition, locked metal doors, narrow hallways, a garage door that did not work and that the only emergency exit  blocked, all contributed to the tragedy.

Preliminary investigations points to a faulty electrical system causing the fire. The Fire Department said that fire probably started at the front of the building, due to exposed and worn electrical wires.

Investigators said they were concerned to the speed in which the fire spread. Even more worrisome is that the conditions found at the Las Aguilas hotel is not isolated, rather is similar to many other properties around the country.

Authorities say the owner of the hotel is responsible for what happened.

The Ministerio de Salud (Ministry of Health) had ordered the hotel closed. Salud officials say that they received an anonymous complaint against the hotel last September and confirmed the unsanitary conditions on first inspection. A second inspection by a civil engineer uncovered problems with the electrical system.

With other code violations found, on December 19, 2012, Salud issued an order for the closure of the hotel. But, the owner  requested and was granted an extention to make improvements and conform to code, so long as the building was not occupied.

The order by the Ministerio de Salud called for a total closing of the hotel by January 30, 2013, and had coordinated with the Fuerza Pública (police) to evict on February 11.

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Transport Ministry Defers Safety Of Students

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Operators of school buses can circulate, carrying students to and from school, without permits up to February 15, says the Ministerio de Transportes, for its inability to process all the applications.

According to the road transport and road safety, Rodrigo Rivera, last week alone the Public Transport Council received 2,800 requests.

Until February 15, school buses have to meet the legal requirement and the operator must provide proof of the application, failing they will be taken off the road and sanctioned, explained Rivera.

As of Friday, the ministry of Transport confirmed there were some 1.500 still to process at a rate of 150 applications per day on average.

Opinion: The 2013 school year began this past Wednesday. The start date of the school calendar is not a last minute decision, thus a responsible and sensible ministry, for the safety of school children across the country, would be better prepared: either require applications to be submitted earlier or provide more staff to process them.

This is just another example of the inefficiency of an important government agency and the lack of the current government to reform it. Another example of a tragedy to occur before anyone in authority takes action.

Parents are urged not to send their children in school vehicles that do not have the required permits – even if the application has been submitted. AND to inspect the school vehicle – with or without permit – to ensure the safety of their children.

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Regulated Prices Grew Double Inflation

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The price of public services like water, electricity and gasoline are all regulated by the government agency, the Autoridad Reguladora de los Servicios Públicos (ARESEP).

According to the Banco Central (Central Bank), the Aresep increased regulated service prices by 13.5% in the past year, while the inflation rate was 5.7%. It was July when began the increase in the difference between the two indicators.

Aresep spokesperson, Carolina Mora, cites services by the state power company,  Instituto Costarricense de Electricidad (ICE) was the fastest growing, using oil to generate electrical power.

Mora explained that some of the increases approved last year had delayed adjustments that went into effect in the second half of 2012.

The increase in prices of public services higher than the overall cost of living affects local business and job productivity, according to the experts.

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Zoo Pries Into Crocodile Sex!

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Oh those curious scientists! It isn’t enough that the Bolivar Park Zoo (in San José) visitrs are alway watching the crocodiles, but this week the zoo’s veteranarian Randal Arguedas and four zookeepers did a survey to determine their sexes.

One might think this distinction was of interest only to the crocodiles themselves — but determining the sex of the big, dangerous reptiles is a part of zookeeping — well, bookkeeping.

For such a dangerous activity, reported La Nacion, the zookeeper’s equipment is extremely low tech — a long broom to poke the scaley, toothy creatures into motion and cord to tie their legs and their lethal jaws shut.

All this must be done in silence so as not to cause stress, although the newspaper did not explain whether the stress of the crocs was being avoided, or of the zookeepers themselves.

The ones who object most to the indignity of being so examined are, of course, the younger — and more agile — crocodiles. Worst of all are those who have to be poked and prodded out of the pool for the examination.

The only reptile exempted from the exercise is Juancho, the patriarch — the biggest, oldest and most sluggish of the four-footed reptiles. His sex is known, as is shown by his masculine name and besides — he’s BIG!

It takes five strong persons to do this test: one to tie the jaws and grab the head, two to hold the beast down while still another ties the legs. A fifth performs the examination.

The swimming beasts must be irritated until they come to the edge of the pool where they are tied up and allowed to thrash until they calm down a bit. They are placed with their more tender yellow bellies upward.

The examination, performed by veteranarian Arguedas, is much like a physician examining a human male for prostate problems. Natuarlly, the cocodiles, in no forgiving a mood after being flipped over, tend to take umbriage at this indelicate invasion.

Arguedas identified two of the crocs as females and gave orders for them to be transferred to the Conservation Center at Santa Ana to accompny a male there. The others were released, in a very foul mood, to return to their pool.

Costa Rica has none of the more docile aligators found in the deep south of the United States, all are crocodiles. born surly and getting more ill-tempered as they age.

Oh, yes. If one thinks that just holding the jaws, with their rows of jagged teeth, shut is enough to ensure longevity, be advised — the lashing tail can break a leg. Jolly good sport, you know …

From iNews.co.cr

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American Arrested For Smuggling AR15 Rifles Into Costa Rica

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A 51-year-old U.S. air traveler was arrested at Juan Santamaria Internation Airport in San Jose trying to smuggle two AR-15 semi-automatic rifles aboard a Jet Blue flight to the United States.

Stag2wi_The disassembled rifles were hidden in his luggage destined for the baggage compartment of the jetliner. But a sharp-eyed Jet Blue employee discovered the attempt at check-in and alerted airport authorities.

Chief of Airport Police Glen Pacheco told the newspaper La Nacion that the passenger told him that he did not know that he had to report firearms to authorities before they were put aboard commercial aircraft.

He was charged with illegal possession of firearms. He was traveling with a Costa Rican who also missed his flight to the U.S.
U.S. regulations make sales of automatic weapons illegal so the AR-15 is offered in semi-automatic form. However, the rule is laughable — parts are sold to turn them into fully automatic weapons and can be installed by even the most ham-fisted gunsmith.

From iNews.co.cr

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What? ICE Selling Movistar Cell Phones?

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The state telecom, instituto Costarricense de Electricidad (ICE), purchased is selling to its customers cellular telephones with the “Movistar” logo.

Apparently, the mistake is not an isolated one to the an ICE store located in the Zona Sur (Souther Zone), that was surprised to find that the recent Huawei U8186-7 models had the logo of ICE’s competitor.

ICE has confirmed that, a group responsible for purchases, bought some 1.000 units with the competitor’s logo.

Critics of ICE point out this is “just another of many errors” that plague the state telecom. The president of ANTTEC, Jorge Arguedas, had this to say, “just another example of how things are being handled inside ICE, favouring transactions without measuring the financial impact of the institution, nor the morals and ethics of its workers”.

Source: ElPais.cr

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Bilingual Job Fair Kicks Off Today!

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Despite the fear and warnings of layoffs and unemployment by the private business sector, the Coalición Costarricense de Iniciativas para el Desarrollo (CINDE) – Costa Rican Coalition for Development Initiatives – is sponsoring a job fair to fill 7.000 jobs.

According to CINDE’s Vanessa Gibson, some 60 companies, both national and internationals – are taking part in the job fair that kicks off today and run until Sunday (10h) at the Antigua Aduana building,in Barrio La California, in San José.

Entrance to the event is free to the public.  The fair will be open from 9 a.m. to 5 p.m. Friday and Saturday and on Sunday from 10 a.m. to 4 p.m. CVs in digital format will be accepted.

This is the Ninth edition of the Bilingual Job Fair promoted by CINDE, the agency in charge of attracting foreign direct investment.

According to Gabriela Llobet, Director General of CINDE “the companies participating in the CINDE Job Fair are the leaders in each of their sectors and have been growing to become part of the large employers of the country.   Likewise, companies that have recently decided to establish operations in Costa Rica also participate and therefore will be recruiting their first work team during the fair”.

One of the companies participating in this edition of CINDE Job Fair is CitiSharedServices that seeks to recruit personnel for its financial services center, which began operations in Costa Rica in 2008 and today it employs 800 individuals.

“Since establishing our shared services center five years ago, this operation has proven to be a real success story. One of the key factors has been the assistance and support provided by the employment fair organized by CINDE.  To date, hundreds of candidates have been contacted through this event, many of them have been hired and they perform excellently.  We are certain in the 2013 CINDE Job Fair we will continue to identify fine talent for our organization.  We are looking for personnel fluent in English and Portuguese” added Francisco Camargo, Director General of CitiSharedServices.

The most sought after
“Companies look for professionals, technicians and individuals with technical training in areas such as engineering in all its fields, accounting, finance, administration, customer service, software development, technical support, database managers, systems, computing, risk management, quality, process technicians, microbiology and metrology, human resources and sales agents, among others”, explained Gabriela Llobet, head of CINDE.

Mastering a second language is a cross cutting element in all the employment positions offered. Companies seek personnel with knowledge in English – in the first place – as well as in other languages such as Portuguese, Mandarin, German, Dutch, French and Japanese..

Yalile Quirós, Human Resources Manager of Volcano, stated the fair has demonstrated it has very successful opportunities for all the eligible candidates the market offers and for those who master a second language. “Our expectation is to identify these exceptional professionals who can join the team, mainly during the first half of 2013, as well as to generate contacts for those who remain pending for the second semester”, added the spokesperson.  Volcano established operations in the country one year ago and is dedicated to manufacturing medical devices for cardiovascular diagnosis and treatment.

The candidates must also have “soft skills”, among which leadership, negotiation, problem solving, team work, proactive and assertive communication are stressed.

For this year it is expected that more than eight thousand persons will visit the Fair.

For more information please access:
• Facebook: cindejobfair
• Blog of the fair: cindejobfair.com
• CINDE’s web page: http://www.cinde.org/en/ix-cinde-job-fair


Participating companies

Ace Global, Amazon, Amba, APL, Auxis, avVenta, Bank of America,  BASS, Baxter, Boston Scientific, Citi, Concentrix, Convergys, Covidien, Curtis Wright, Dell, Deloitte, DO Gestión de Talento, Sykes, Dole, Emerson, Ernst & Young, Experian, First Data, Fiserv, Grupo STT, Hospira, HP, IBM, Language Line, National Instruments, Pacific Interpreters, Pricewaterhouse Coopers, Procter & Gamble, St. Jude Medical, Startek,  Teleperformance, Thomson Reuters, TradeStation, Unilever, VMWare, Western Union, Wizard, WNS, Volcano, Akamai, BASF, ULatina, UAM, ULACIT

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Morning Fire Claims 5 Lives in Puriscal

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An early morning fire claimed the lives of five in Puriscal, west of San José. Authorities say the flames spread through the old building rapidly, consuming the small hotel in minutes.

The fire, that started around 1am, was located some 300  metres from the centre of Puriscal, a thriving community in the mountains west of Cuidad Colon.

The director de Bomberos (Fire Department) Héctor Chávez said fire crews were on scene within 3 minutes of the call, but couldn’t do much for the 60 year old building.

Most were able to get out, suffering smoke inhalation and bruises, but five did not.

Chávez said they suspect an electrical problem caused the fire. An investigation is underway.

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Chinchilla: No Reason Credit Constraints Should Hurt Families

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Doña Laura making her public appearance at the start of the 2013 school year, handing out school supplies to students,
Doña Laura making her public appearance at the start of the 2013 school year, handing out school supplies to students,
Doña Laura making her public appearance at the start of the 2013 school year, handing out school supplies to students,

Costa Rica’s presidenta Laura Chinchilla said on Thursday that there is no reason why the credit restrictions measures adopted by her government would hurt families and businesses.

The Presidenta made the remarks during the presentation of 1.500 kits to students at the Escuela República de Haití. Chinchilla argued that the credit constraints remain at “reasonable levels” and criticized thosw who oppose the regulations, the same as those who in the past opposed the tax plan and dollar exchange bands.

Chinchilla said that the limits for loans in colones “remain about the same” and a “relatively small decliine” for dollar loans.

The restrictions are a warning by the Central Bank to be cautious and not take out loans in dollars, according to Presidenta’s explanation of the current financial policy.

In the last couple of days, financial experts, that include bak managers, criticized publicly the government’s restrictions on credit saying it will negatively affect production and jobs.  See story.

Some experts are saying that current credit policy could lead to layoffs in the private sector.

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Jumping From Crisis to Crisis To Almost A Solution! Q Asks Why?

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Paradise does not have enough jails and not enough prisons to house its criminals, ergo they are released to walk freely and make crime a profitable

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Every day I scan both the domestic and international news with a focus on Costa Rica. And every day I become a little more dismayed by the lack of forethought in Paradise. Moreover, the absence of responsibility and seemingly ironic sense of satisfaction for “A job well done” comes only after a catastrophe which is then repaired “Con mucho gusto.”

I mean, this is not a big country land wise nor in population. Yet we are a country ignored by our own people when it comes to safety, opportunity, crime and of course infrastructure.

The perpetual search for witches and evil does have a social value, a very large value at that. It takes our minds away from reality. The same as Ortega in Nicaragua uses international brinksmanship to form popular support in one of the most impoverished countries in the world.

Diversion away from reality works!

Think about it! Paradise does not have enough jails and not enough prisons to house its criminals, ergo they are released to walk freely and make crime a profitable industry unto itself.  Not just petty crime, but drug trafficking, murder, political corruption and the list goes on.

This is serious stuff that is goes unabated.

Considering consequences and the future is almost non-existent beyond four years which is the term of an elected political party, unless reelected in which case that party has four more years to become reactionaries.

Saturday, January 26, 2013 as inconsequential as it might seem, La Nación, our leading Spanish language newspaper has claimed that Route 32, connecting the most important port in Limón to San José has been or is being resurfaced. However, the design and quality of asphalt being applied will last for approximately four years, until Costa Rica then needs to invest millions of dollars more.

Sorry for the condescending thought, but from a developed country the question becomes why not think this thing through to save the country money and indeed make it friendlier?

Within a week, three people working in a small restaurant called a “soda” have died from faulty gas tanks. Only after these deaths has the government decided it should inspect and set national standards for these LPG tanks of death plus their contents. The same tanks and gas many use in their home BBQ and to a lesser extent in cars.

Carry this mentality to taxes and logistics and the scenario gets even worse.

To appreciate the US dollar, we need to depreciate the Colon (CRC), Costa Rica’s national currency. This will result in lower interest rates and a far better exchange rate making the dollar substantially more valuable and exports, our life blood, more competitive.

At the same time, a director of the OIJ (Our FBI) came with the statement that “Costa Rica is a paradise for money laundering.” Which is tad amount to major foreign currency importation. Exactly what the government needs to curb. (La Nación)

The politicos and wealthy retort, “who cares? It’s profitable.”

To be clear, I argue that Costa Rica has become a country of knee jerk reactionaries and has little, if anything to offer on the initiative side of life except more endless rhetoric.

We have evolved into responders and lost our way as initiators. Even the arcane idea to control gun ownership is a copy and not a very good copy because the residents are afraid and will do whatever they can to protect themselves from criminals and the threats of police who have recently, finally, been accused also of being criminals.

The courts have a long history of reacting only after the fact. Each day, each hour, criminals are set free based on some technicality or just not enough room in the prisons thereby let loose to rob, steal and kill again.

On another level, the bridges connecting communities and destroyed by natural disaster also receive “after the fact” treatment.
Five die riding or walking across a bridge and then, only then does the danger reach the public and the government reacts with an “Oh my!” and the remedy is to stick up another temporary Bailey Bridge which is morphed into the permanent solution. It will also collapse and kill more people. Again, another Bailey! After all, people, our people can walk on it and a small truck can drive over this bridge, at least for a few years more.

Limón, in my personal opinion, is a killing field because its infrastructure and that little if any effort has ever been made to eradicate poverty. The reality has been ignored for more than 50 years. It just is, that’s all.

Perhaps the most beautiful location in Costa Rica, is Puerto Viejo, but take your knife; your gun to be safe only because there is no police protection until a rape, theft or killing takes place and even then, an investigation and arrest is limited. (The statistics prove me out).

The bottom line is that Costa Rica, a destination of tourism, the home of new business very much needs to think not only about today, but far more about the many tomorrows.

New business coming to CR cannot justify corruption, overt crime, excessive taxes, or the idea that once the deal is signed, the government will start negotiating the details.

We are committing social as well as economic suicide because long term, even mid-term critical thought is absent from the Costa Rica decisions makers.

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205 “Junkers” Detained By Customs From Entering Costa Rica

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205 vehicles declared ‘totaled’ were stopped by Audanas (Customs) from being imported, a practice that was prohibited last month. The director de  Aduanas (Customs), Gerardo Bolaños, confirmed the ban of the imports of vehicles with obvious physical damage and inconsistencies in their registration.

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In the past, the vehicles (like in the photo above) would have been imported into the country, repaired and then sold to unsuspecting consumers.

Despite the assurances by Bolaños that such vehicles do not enter the country anymore, the executive director of the Asociación de Importación de Vehículos y Maquinaria (Aivema) – Association of Vehicle and Machinery Importers, Liliana Aguilar, differs in opinion.

Aguilar assures that junked vehicles continue to enter the country and make their way into the hands of consumers.

Few consumers have the knowldege or even think of looking for signs that a vehicle has been damaged/totalled in an accident and repaired. And even fewer have the ability to check its origin and registration, for when the vehicle enters Costa Rica, it is duly registered and its history erased, starting a new history in the country.

Many buyers of used vehicles in Costa Rica are new to car ownership and are unaware or know to look for the tell tale signs or even have the consumer savvy to investigate.

Vehicles brought in from the United States, for example, have their speedometer and odomter in miles instead of kilometres. Vehicles from Canada have “daytime running lights” – that is the headlights are on all the time, even in the brightest of sunlight. The high cost limits imports from Europe, Asia and other countries.

Paint discoloration, like inside the doors, under the hood and other hard to get to parts are tell tale signs of modifications. Some body and/or engine parts newer that others is another sign.

At a cost, a car buyer can go online to car services in Canada and the US to get a history of the vehicle based on the VIN (vehicle identification number). If no history exists, the VIN has probably been altered.

In general, a rule of thumb when buying a used car is, if it don’t feel right, don’t buy it!

In Costa Rica every retail purchase,  ie a car dealer, is covered by a 30 working day guarantee. But, not of much use if the dealer is nowhere to be found (after the sale) or does not have the financial ability to repair, replace or refund, leaving the consumer to seek help from the Consumer ministry and/or the civil courts.

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Costa Rica Employers Fear Unemployment Caused by Credit Limit

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The business community fears that the credit restrictions imposed by the Banco Cental (Central Bank) will cause job losses and halt the creation of new jobs.

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In fact, in 2012 the creation of new jobs grew only 2.8%, while in 2011 it was 5%, according to the  Caja Costarricense de Seguro Social (CCSS).

The director of the Unión Costarricense de Cámaras y Asociaciones del Sector Empresarial Privado (UCCAEP) – Union of Chambers and Associations of Private Business Sector, Luis Mesalles, stressed that employment will be affected this year.

For his art, the president of the Cámara de Comercio de Costa Rica (Chamber of Commerce of Costa Rica), Arnoldo André, acknowledged the fears that will affect the trade sector, the largest employer in the country with more than 200.000 workers.

Financial experts, like the VP of BAC Credomatic, Gerardo Corrales, the best advice for people is to care for their employment.

The credit restrictions leading to less employment is also expected to impact consumer consumption.

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Fitch affirms Costa Rica’s ratings; outlook stable

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(Reuters) Fitch Ratings has affirmed Costa Rica’s Long-term foreign and local
currency Issuer Default Ratings (IDRs) at ‘BB+’. Fitch has also affirmed the
Short-term foreign currency rating at ‘B’ and the Country Ceiling of ‘BBB-‘.

The Rating Outlook is Stable.

RATING RATIONALE
The affirmation of Costa Rica’s ratings is supported by the country’s
institutional stability and strong social indicators that have facilitated large
FDI inflows, thereby contributing to steady growth, high per capita income and
better financing of the country’s large current account deficits.  The ratings
are constrained by the lack of political consensus to address high structural
fiscal deficits that result in negative debt dynamics, and by limited monetary
and exchange rate policy flexibility.

Costa Rica’s diversified value-added export-based economy should continue to be
resilient in the face of sluggish global growth.  Costa Rica’s economy is
estimated to have expanded 5.1% in 2012, outperforming the 4% median of ‘BB’
peers amid a fragile global economy. Fitch expects the economy to expand an
average of 4% over the next two years. Risks stem from renewed weakness in the
U.S. economy, the country’s main export destination and source of FDI flows.

Pressures on domestic interest rates stemming from hefty fiscal needs could
exacerbate already large portfolio inflows, thereby increasing challenges for
the monetary and exchange rate policy.

Costa Rica’s five-year inflation rate remains above the ‘BB’ median. However,
after a long history of double-digit inflation, an improved monetary policy
framework has raised the central bank’s credibility and could ultimately
facilitate inflation convergence with the peer median. Inflation stood within
the band of 5% plus or minus 1 percentage point for four consecutive years in
2012. Fitch expects inflation to be 5% over the next two years. Risks to
inflation arise from higher fiscal deficits, swings in international commodity
prices, and monetary expansion related to the defense of the floor of the FX
band in the context of large portfolio inflows.

In the near term, macroeconomic policy challenges have increased for the
authorities due to the large capital inflows to the country in the context of
limited exchange rate flexibility and the central bank’s persistent losses. A
high interest rate differential attracted portfolio inflows of near 3% of GDP in
2012.  As a result, the central bank swiftly introduced macro-prudential
measures to prevent excessive growth in asset prices and credit which could
potentially become a source of risk for the financial system and the broader
economy.

High-quality FDI will continue to support external accounts over the forecast
period. Fitch expects the 2013 current account deficit to reach 5.0% of GDP and
to be mostly financed by FDI.  However, recent strong portfolio inflows render
the capital account somewhat vulnerable to sudden stops. In addition, Costa
Rica’s international liquidity position remains weaker than rating category
peers.

High structural fiscal deficits continue to undermine Costa Rica’s credit
profile. Fitch expects deficits to average 4.8% of GDP in the next two years.
The lack of political consensus to address Costa Rica’s low revenue base and
rigid expenditure structure weighs on its fiscal profile. Authorities’ efforts
to rein in expenditure growth and improve tax collection efficiency are not
sufficient to stabilize debt at current levels. Fiscal consolidation prospects
are uncertain, as the electoral cycle is already underway. Presidential and
legislative elections will take place in February 2014.

Despite the increasing burden, the general government debt remains below the
‘BB’ median. Moreover, Fitch recognizes that Costa Rica’s debt tolerance is well
supported by its higher per capita income level (compared with peers in the ‘BB’
category), well-established social and political stability, as well as material
gains in the composition of debt. Costa Rica’s borrowing requirements are
expected to exceed 10% of GDP in 2013, but domestic liquidity and external
market access support its financing flexibility.

RATING SENSITIVITIES
The main factors that could lead to a positive rating action are:

–Greater political consensus to address structural fiscal imbalances leading to
a sustained expansion of the revenue base, improved fiscal management and
favorable debt dynamics;

–Increased monetary and exchange rate flexibility that enhances the
shock-absorption capacity of the economy

The main factors that could lead to a negative rating action are:

–Sustained large fiscal deficits that cause a marked deterioration in debt
dynamics and emergence of fiscal financing constraints;

–Weakening of the macroeconomic policy framework that reverses the disinflation
and de-dollarization process;

-A material downshift in Costa Rica’s growth trajectory.

The ratings and Outlooks are sensitive to a number of assumptions:

–Fitch’s base-case scenario assumes no recession or deepening of the financial
crisis in developed economies, most notably the U.S., and therefore a
continuation of steady FDI flows;

–Fitch assumes that no major fiscal reform will be implemented over the next
two years and that the authorities continue to restrain expenditure growth and
improve tax collection.

–Fitch assumes that the central bank will maintain its foreign exchange rate
regime and that no sustained macroeconomic imbalance will result as a
consequence of the strong portfolio inflows.

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Plastic Surgery

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plasticsurgery

If you’re having a facelift, a nose job or breast implants, going abroad means you can recover in privacy.  Costa Rica, Colombia and Brazil offer prices as much as 70% cheaper than in the U.S., according to the Medical Tourism Association.

The International Society of Aesthetic Plastic Surgery has certified about 1,900 surgeons in 90 countries who meet its standards.

Advertisement:

The most majestic plastic surgery retreat in Costa Rica!


“Doctors are good in Latin America because demand is so high,” says Edelheit. “Plastic surgery for breasts and lips is part of the culture.”
One possible location for cosmetic care: Hospital Universitario Fundacion Santa Fe de Bogota, in Colombia, which is JCI accredited.

Facelift:
$15,000: Cost of facelift surgery in the U.S.
$2,500: Cost in Colombia
$5,000: Cost in ColombiaBreast Implants:
$10,000: Cost of breast implant surgery in the U.S.
$3,800: Cost in Costa Rica
$2,500: Cost in Colombia
Source: Bloomber / Photograph by John Midgley/Getty Images
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Traders Win as Nations Provoke Swings With Protests

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From Thailand to Russia and Costa Rica, officials are expressing alarm over the appreciation of their currencies as increased monetary easing in the U.S., Japan and other developed nations spurs demand for high-yielding assets found largely in emerging markets.

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Drivers MUST Provide Email To Transport Authority

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All licensed drivers in Costa Rica must now provide the Consejo de Seguridad Vial (COSEVI) – licensing office – with an email for any and all notifications, in particular for notice of traffic tickets.

According to the COSEVI, all 1.1 million licensed drivers in the country must meet the requirement, that is the completion of a form that was released yesterday by the Ministerio de Obras Públicas y Transportes (MOPT) – Ministry of Public Works and Transport.

The document will record the full name and identification of the driver (passport number, residency or cedula), the phone number, home address and email.

Once the form is completed, it can be handed in at any Policia de Tránsito station, Riteve (vehicular inspection), the traffic ticket appeals office, drivers licensing centres or the COSEVI offices in La Uruca.

The deadline for submitting the form is April 26, 2013.

The form can be downloaded here or at the COSEVI website. (Once downloaded you can print it and submit it).

For those who have the “firma digital” (digital signature), they can email to the direccionelectronicavial@csv.go.cr.

Although the form is mandatory, the MOPT says drivers who do not provide the information cannot argue they did not receive notification, for they will be deemed automatically notified with the publication in La Gaceta, the official government newsletter.

Carlos Rivas, an official with the COSEVI, recommends if delivery the document in person, to bring a copy and get it stamped or acknowledged, as a back up and proff that it was submitted and on time.

The requirement to provide the information is established in the new traffic law that went into effective on October 26, 2012.

Article 149 states: “The obligation of drivers and vehicle owners to annually update the email address and, if any changes, notify the COSEVI within ten days after the change occurs.”

According to the COSEVI there are 1.8 million licenses issued to 1.1 million drivers.

The inability of the COSEVI to notify drivers of their traffic tickets has caused problems for transport authorities, in particular shutting down the traffic camera program.

Editor’s note: In Costa Rica a driver is issued multiple licenses for the different type of vehicles, ie a license for passenger vehicles, another for motorcycles, buses and heavy trucks.

From Trafficlawcostarica.com

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First Day Back To School Trouble Free

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Excitement, laughter and hope returned to public and most private schools across the country on Wednesday with the start of the 2013 school year.

Keeping an eye for the some 940.000 students were the Fuerza Pública (police) and Policia de Tránsito (traffic police). All reports indicated a safe and trouble free first day back.

Some 200 Tránsitos (traffic officials) will be on hand for the coming days to ensure safety to and from school, while the Fuerza Publica maintian security for safety in the classrooms.

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Vehicles Without Factory Installed Headrests OK With Riteve

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Changes to the vehicular inspections requires that all vehicles have rear seat headrests. Vehicles without the headrests would fail the inspection until they are installed.

According to Riteve, the vehicular inspection service, the Consejo Nacional de Seguridad Vial (COSEVI) has issued a directive that will allow vehicles registered prior to January 30, 2013 to pass the inspection if they do not have the headrests.

All vehicles registered after January 30 will have one year to correct the problem.

From Trafficlawcostarica.com

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Constitutional Court Endorses Religious Images In Public Buildings

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The presence of religious images and prayer in public buildigs are protected by the freedom of religion and are no discriminatory, according to Costa Rica’s Constitutional court.

The court decision followed an appeal by Mauricio Ordóñez that the religious image at the Municipalidad de Montes de Oca services platform affected him. In addition, the San Pedro municipal employee, in his appeal questions the prayer at the beginning each municipal council session.

The Court found that Ordóñez’s freedom of thought or conscience was never affected, nor was he caused harm or offence, expained judge Fernando Castillo.

Castillo added that the Court has extensive jurisprudence in respect of religious freedom in the country.

Montes de Oca Deputy Mayor, Viviana Jimenez, said religious activities never interfere with the normal working of the municipality, nor citizens.

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Toxic Gases Emanating from Costa Rican Volcano

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Costa Rican authorities restricted the visit time to Poas Volcano crater after experts confirmed the emission of gases with toxic particles that may cause health problems. The decision was made after studies carried out by the Volcanological and Seismological National Observatory and the Analysis Laboratory of the School of Environmental Sciences at the National University.

It is not recommended that people with asthma visit the place, informed a report released today by the newspaper Prensa Libre which insists that, among the first signs of poisoning are coughing and eye irritation.

People may be more prone to respiratory problems and there is a relationship between the acidity of the particles and the development of other diseases, said Jorge Herrera, coordinator of the Laboratory of Environmental Analysis.

Meanwhile Juan Robles, director of the National Park, insisted that the visit time to the crater for tourists will be limited and discusses the possibility of using masks to prevent inhalation of these chemicals.

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Costa Rica’s Resistance to River Access for Nicaragua Questioned

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Edén Pastora, former “Comandante Cero” says they can freely navigate through Río Colorado, according to the 1858 Cañas – Jerez Treaty.

Experts are questioning today Costa Rica’s resistance to Nicaragua’s request to the International Court of Justice (ICJ) for navigational rights to the Colorado River in that country.

Edén Pastora, former “Comandante Cero” says they can freely navigate through Río Colorado, according to the 1858 Cañas – Jerez Treaty.
Edén Pastora, former “Comandante Cero” says they can freely navigate through Río Colorado, according to the 1858 Cañas – Jerez Treaty.

Nicaragua has always been capable of exiting via that river without international permission according to the 1858 Cañas-Jerez Treaty, said Manuel Antonio Madriz, a specialist in international law.

This agreement states in its Article V that “while Nicaragua does not regain full possession of all rights at the port of San Juan del Norte, Punta Castilla will be commonly and equally used by both Nicaragua and Costa Rica, marking the entire trajectory of the Colorado River as long as this community shall last.”

This retains full force because this nation continues without full rights over the port of San Juan del Norte, something that is dysfunctional, Madriz said, according to El Nuevo Diario newspaper.

“While we cannot leave through that port, we can do so via the Colorado River,” he said.

Nicaraguan analysts and authorities expressed surprise yesterday at the reaction to the issue two years after President Daniel Ortega announced his intention to ask permission to the ICJ to navigate that channel in equal conditions as Costa Rica is able to do via the San Juan River.

On Monday, after revealing the issue in Costa Rica due to press reports, the government of Laura Chinchilla accused Nicaragua of practicing an expansionist policy.

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Panama vs. Costa Rica: Final score 2-2

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It appeared that the Panamanians were on their way to capturing an important win over Costa Rica when they went two goals ahead, but the Ticos stormed back and grabbed a point in Panama City.

2012 CONCACAF Women's Olympic Qualifying - Haiti v Costa Rica

Costa Rica recovered from an awful start on Wednesday night. The Panamanians began the game going up 2-0 early on a pair of impressive goals, the Costaricans fought back to grab a very crucial 2-2 draw.

Luis Henriquez shocked the visitors with a fantastic finish in the 15th minute. Picking up a pass from Rolando Escobar, he turned in traffic and slid a perfect low strike to the far post from the center of the penalty area. In the 28th minute, Marcos Sanchez made an unbelievable turn to beat his defender before crossing low for Roman Torres, who poked in a finish at the near post.

Costa Rica failed to finish their chances early on in the first half, but were bailed out in the 39th minute on a corner kick by Alvaro Sabori.

When it appeared that the Panamanians would be able to hold on until late in the game, Bryan Ruiz was the man who scored it the tying goal.

A loss would have been a disaster for Costa Rica ahead of their game in the United States.

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Costa Rica January Consumer Prices Rose Most in Three Years

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(Bloomberg) Costa Rican consumer prices rose the most in three years after government regulators let energy costs rise in Central America’s second-biggest economy.

Costa-Rica-Rich-ShoppingCosta Rican consumer prices climbed 1.31 percent in January, the largest monthly increase since Jan. 2010, the national statistics agency said in an e-mailed statement today. Inflation quickened to 5.74 percent from a year earlier, the fastest since 2009. Electricity costs drove rent and home expenses up 4.55 percent.

“The component that sparked the biggest rise in the inflation rate was the increase in electricity services,” according to a report published by Aldesa Puesto de Bolsa, a Costa Rican investment strategy and risk management company. The report added that costs for services regulated by the government, such as electricity, have increased about 13 percent in the past year.

Costa Rica’s consumer prices rose 4.5 percent last year and inflation is forecast to be around 5 percent, plus or minus one percentage point, this year, central bank president Rodrigo Bolanos said in a Jan. 31 interview.

The government is pushing a package of measures, including higher taxes on interest income sent abroad, to slow capital inflows that Vice President Luis Liberman said have been coming into the country “too fast.”

Costa Rica’s currency, the colon, has gained 1.2 percent this year, the most among 5 Central American economies tracked by Bloomberg. The colon’s appreciation was “clearly not the reason” for the increase in consumer prices in January, according to Aldesa.

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Gas Prices Higher Today

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Time to trade in the four wheels for the two kind.
Time to trade in the four wheels for the two kind.
Time to trade in the four wheels for the two kind.

 

If you didn’t fill the tank yesterday, for at one minute past midnight this morning the price of fuel increased at the pumps.

A litre of gasoline now costs ¢43 colones per litre more, bringing the price at pumps to ¢718; regular increased ¢35 colones for a final price of ¢678; and diesel went up ¢8 colones.

What this hike means an increase of ¢1.575 colones to fill a 45 litre gasoline tank with regular, bringing the total cost to fill it ¢30.510 colones (US$60 dollars).

Natural gas, kerosene and jet fuel prices also increased today.

And while you get used to the new prices, keep in mind that the Autoridad Reguladora de los Servicios Públicos (ARESEP) – regulator of public prices – is processing another increase that will further push up fuel prices.

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The Banco Nacional Haul Is still Nowhere To Be Found

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Investigators of the Organismo de Investigació Judicial (OIJ) and security personnel of the Banco Nacional (BN) have yet to recover the missing ¢378 million colones taken from the Cobano branch of the BN by its former manager.

Authorities have come up empty handed in raids of several homes of family and frends of Juan Carlos Quesada, who turned himself in days after the January 21, 2013, robbery.

The raid included the home of Quesada’s mother in Las Lomas de El Carmen en Tilarán and that of his brothers in ciudadela Juan XXIII and that of an aunt in Barrio Corazón de Jesús en Liberia.

Quesada told investigators he acted alone and video of the bank’s vault confirmed his version.

The former bank manager is currently in preventive detention (jail) awaiting his day in court on charges of embezzlement. But, the money is still out there and Quesada is telling investigators everything except where the money is and/or who has it.

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7.000 Costa Ricans To Celebrate Chinese New Year To Break Guinness Record

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The Chinise colony in Costa Rica is getting ready to celebrate the year of the snake.  On February 12, at 10am, Chinatown in downtown San José will be the scene for the world largest fried rice, a dish that can be enjoyed by as many as 7.000 people.

Fried-rice-1_newsfull_vThe fried rice, which is estimated to wrigh over a ton, will be prepared with 100% Costa Rican rice.  should make it to the Guinness record book.

Chinese New Year is the most important of the traditional Chinese holidays. In China, it is also known as the ‘Spring Festival’, the literal translation of the modern Chinese name. Chinese New Year celebrations traditionally ran from Chinese New Year’s Day itself, the first day of the first month of the Chinese calendar, to the Lantern Festival on the 15th day of the first month. The evening preceding Chinese New Year’s Day is an occasion for Chinese families to gather for the annual reunion dinner. Because the Chinese calendar is lunisolar, the Chinese New Year is often referred to as the “Lunar New Year”.

This year it falls on the 10th of February 2013 and is the year of the snake.

Chinese New Year is the longest and most important festival in the Chinese calendar.

Feature: Costa Rica

This year, the Chinese community has its very own Chinatown, a project developed by the Municipalidad de San José and China’s government.

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The Big Game Is Tonight: Costa Rica vs Panama

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There is one thing Ticos (Costa Ricans) love more than their Gallo Pinto and that is futbol (soccer). And tonight is the big game, as Costa Rica’s national team squares off against it counterpart in Panama.

Wales v Costa Rica - International FriendlyFor the 90 minutes starting 8pm local time, the country will come to a standstill, when most Costa Ricans will be glued to their television sets – or that of a friends, bar, cantina and the large screens at the local malls.

For example, Multiplaza Escazú recently unveiled their gigantic screen – I mean this screen is BIG –   that is in full view of every patron of the food court.

This is not just any other soccer game, sorry futbol match. No, Panama and Costa Rica are both expected to be on the edge of World Cup qualification, making every point vital.

Tonight’s game is part of the final round of CONCACAF World Cup qualifying  underway this week, marking the start of the most fair and even way of determining a confederation’s World Cup representatives. The region has narrowed its possible World Cup teams to six teams, which will be placed in a single group and compete home-and-away throughout 2013 to determine who earns a spot in Brazil in 2014.

The two face immense pressure from the very first kick off of their Hex campaigns against each other.

And while Panama is searching for its first ever World Cup appearance, Costa Rica are looking to get back after missing out on South Africa in 2010.

158041_Sele2Costa Rica’s national team, La Selección or Sele, are in a bit of a precarious position as they transition from an older generation of players to the new, talented, but somewhat inexperienced group. One of the few players in their prime that they do depend on is Alvaro Saborio, who has to be excellent for the Ticos to succeed, which he was in leading the semifinal round in scoring with six goals last round. Paired with Bryan Ruiz, who isn’t in the form he was three years ago, but is still very good, Costa Rica has quite a formidable pair of goal scorers.

The Ticos are actually overstocked up top, with Joel Campbell and Jairo Arrieta, but the big question for Costa Rica is how they sort out their midfield. Celso Borges and Christian Bolaños are extremely talented, but are shuttled in and out of the lineup by the curious Jorge Luis Pinto. If he continues to play musical chairs with his midfield, which has helped expose a sometimes shaky defense, the Ticos could be left watching the World Cup from home yet again.

 

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It Was a Movin’ Night

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In the span of 10 minutes the Observatorio Vulcanológico y Sismológico de Costa Rica (OVSICORI) reported three tremors on Tuesday night: in Puntarenas, Alajuela and Guanacaste.

The first regsistered 2.7 on the Richter scale and was felt at 8:22pm, locaed 42km norteast of San Vicente in La Cruz, Guanacaste, at a depth of 300 km.

The second, a little stronger at 2.8 hit 51km norteast of Mexico de Upala, in the province of Alajuela, with a depth of 280km.

The third movement was felt at 8:0pm, registering 2.5 some 16 km of Pochotal in Garabito, in the province of Puntarenas, with a depth of 16km.

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How Much Does Love Cost In Costa Rica? ¢600.000 For One Woman!

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Unbelievable that in the 21st century these kind of practices still exist.

The Organismo de Investigación Judicial (OIJ) on Tuesday arrested a “brujo”* for charging a woman ¢600.000 to resolve her romantic entanglements.

1273434100_92477906_1-Fotos-de--PODEROSO-BRUJO-HECHICERO-1273434100The alleged fraudster is a 22 year old man (identified only as Solangel) and was detained in his condo in Calle Blancos, Goicoechea, after a two-month investigation following the filing of a complaint by a 29 year old woman.

According to judicial investigators, the man published ads in the local newspapers promising to troubleshoot and solve problems in love, but instead charged large sums of money, providing no results.

In the complaint filed by the woman, she tells police that she responded to an ad, met with the man and handed over ¢600.000 colones to initiate the “treatment”. However, time passed and nothing changed. The victim contacted again Solangel, who told her that she needed to visit “el maestro” (the master), and new appointment made.

Moving forward with the story, the woman said she again visited with the Brujo who told her that he had to work out some financial problems and asked the woman to buy a lottery ticket, which he would keep safe in an envelope, to which he would offer prayers and would be opened together the day after the lottery draw.

Again at the Brujo, the two opened the envelope. The woman told authorities that only “he” saw the contents of the envelope, tolling her that it was a winner – a ¢100 million colones winning ticket.

But before she could claim the prize money “there would have to be sacrifices”. One of which was to wait a month before claiming the prize, but before she would have to hand over 5% of the prize money and she did.

In addition, the victim said she handed over a cell phone, a television set and dining set.

In the end, the alleged prize never materialized and the woman realized she had been taken.

–  – – – – –  – – – – –  – – – – –  – – – – –  – – – – –  – – – –

*Brujería is the Spanish word for witchcraft. Brujeria also refers to a mystical sect of male witches. Both men and women can be witches, brujos and brujas respectively. Brujos is the plural term that can mean either a group of male witches or both male and female witches.

Beliefs vary between traditional and modern brujos. Traditional brujos hold core beliefs that are similar to or identical to the witchery around the world. Modern brujos are diverse and can resemble faith healers, be shamanic, spiritualists, or pagan.

Practices are greatly diverse and are dependent upon the locale and the form of brujería. Ancient forms tend to reflect the religions of the indigenous cultures, whilst modern forms tend to be syncretic and use the current dominant religion (usually Catholic).

The most well known practices are similar to English witchcraft: spells (hechizos), charms, amulets, divination, and use of plants (usually herbs). Other practices might include phenomena similar with traditional English witchcraft; namely shapeshifting, glamoury and hedgeriding of the hedgewitch, including use of entheogens. Brujos paganos (pagan-witches) might participate in ritual or ceremonial ecstacies.

Among certain Hispanic and Native American cultures of the Southwest, the practice of brujería is feared as a manifestation of evil. Those who use rituals, spells, incantations, potions, and powders to work ill against others are known as brujas (witches), who are primarily female in number (the male witch is known as a brujo).

All the negative facets of witchcraft feared by people throughout the world are practiced by the brujas: manifesting the evil eye, casting spells to cause physical or mental illness, bringing about bad luck, even death.

The brujas create dolls in which they insert bits of the victim’s hair, fingernail clippings, or pieces of clothing and focus their evil intent upon the miniature representative of the person to be cursed. If a professional doctor with modern medical techniques cannot cure someone who has fallen suddenly ill, a bruja is suspected as being the cause of the problem.

Shamans or ‘Curanderos’ may be used to ‘undo’ the power that has been taken over the individual in order to protect them and bring them back into balance.

With files from Wikipedia

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The Cirque du Soleil Is Coming To Costa Rica

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The famous Cirque du Soleil, self-described as a “dramatic mix of circus arts and street entertainment”, has posted Costa Rica as a destination on its website, though it does not yet specify a date.

The ticket information on the website, for now, tells of the ongoing performances in Lima (Peru), a date of March 21 for Bogota (Colombia) and “soon” for Costa Rica.   Visitors to the website can sign up to get notice of the pending show and pre-sales access by signing up.

In Costa Rica, the show is expected to be sponsored by Credomatic (BAC San José) and Mexico’s Ocesa, the same group that brought Lady Gaga to Ticolandia. Details of the presentation are expected before the end of the month, with a tentative show date being said for May.

Cirque du Soleil
Cirque du Soleil (English: Circus of the Sun / Spanish: Circo del Sol) is a Canadian entertainment company, based in Montreal, Quebec, Canada, and located in the inner-city area of Saint-Michel, it was founded in Baie-Saint-Paul in 1984 by two former street performers, Guy Laliberté and Gilles Ste-Croix.

Initially named Les Échassiers, they toured Quebec in 1980 as a performing troupe. Their initial financial hardship was relieved in 1983 by a government grant from the Canada Council for the Arts, as part of the 450th anniversary celebrations of Jacques Cartier’s voyage to Canada.

Le Grand Tour du Cirque du Soleil was a success in 1984, and after securing a second year of funding, Laliberté hired Guy Caron from the National Circus School to re-create it as a “proper circus”. Its theatrical, character-driven approach and the absence of performing animals helped define Cirque du Soleil as the contemporary circus (“nouveau cirque”) that it remains today.

Each show is a synthesis of circus styles from around the world, with its own central theme and storyline. Shows employ continuous live music, with performers rather than stagehands changing the props. After financial successes and failures in the late 1980s, Nouvelle Expérience was created – with the direction of Franco Dragone – which not only made Cirque du Soleil profitable by 1990, but allowed it to create new shows.

Cirque du Soleil expanded rapidly through the 1990s and 2000s, going from one show to 19 shows in over 271 cities on every continent except Antarctica. The shows employ approximately 4,000 people from over 40 countries and generate an estimated annual revenue exceeding US$810 million.

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27 March 2026 - At The Banks - Source: BCCR