Archive for the 'Costa Rica News' Category

One-Time Fugitive Financier, Robert Vesco, Dead

Tuesday, May 6th, 2008

by Rod Hughes
A brief news story published by the Associated Press today confirms the unheralded death in Cuba five months ago of once-infamous financier Robert Vesco. From 1972 to 1978, the controversial Vesco kept the political scene in Costa Rica in a turmoil and made the country synonymous with “refuge […]

Casinos Here May Fire 3,000 Employees

Tuesday, May 6th, 2008

by Rod Hughes
New regulations on Costa Rica’s 48 casinos may cause those businesses to lay off 3,000 employees over the next several months, Jorge Hidalgo, vicepresident of the Costa Rica Casino Association told the daily paper La Nacion.
Most telling of the four decrees and […]

Airport Concessionaire to Move on

Tuesday, May 6th, 2008

by Rod Hughes
The unhappy marriage between the Costa Rican Aviation Administration and Alterra Partners in the administration and modernization of Juan Santamaria International Airport near Alajuela is apparently at an end. Alterra will abandon its concession to a U.S./Canadian/Brazilian consortium after years of squabbles and ultimatums by the government agency. […]