Archive for November 6th, 2007

Futures for Coffee Crop Rise Dramatically

Tuesday, November 6th, 2007

by Rod Hughes
It looks like a good year for Costa Rica’s coffee producers. Already, 45% of the 2007-8 crop has been sold and the price has shot up for premium coffee 17%. And harvest is just now beginning at lower altitudes.
Costa Rica’s premium coffees are […]

OIJ Chief: Banks Should Guarantee Deposits

Tuesday, November 6th, 2007

by Rod Hughes
Costa Rica’s banks should stand behind deposits in cases where money is stolen by hackers but the victim has not given out any personal information, says Jorge Rojas, chief of OIJ, the local equivalent of Scotland Yard or the FBI.
Although far from common, […]

Dall’Anese Re-Elected Attorney General

Tuesday, November 6th, 2007

by Rod Hughes (See newsfeed articles 1280 and 1364.)
Francisco Dall’Anese, the country’s dynamic top prosecutor, has been re-elected to another four-year term as Fiscal General the local equivalent to the attorney general of the United States. The Number One prosecutor has all but secured his place in Costa Rican history […]

Central Bank Unable to Meet Inflation Goal

Tuesday, November 6th, 2007

by Rod Hughes
Central Bank president Francisco de Paula Guttierrez admits that due to food and fuel prices, the bank will be unable to meet its below 8% inflation goal this year. Prices of imports and soaring $90+ per barrel petroleum prices are beyond the bank’s ability to control.
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