|
   |
Daily Edition: San
José, Costa Rica, April 04, 2003

|

Fewer oil-field fires than expected in
southern Iraq; international oil prices not climbing as high as
feared.
AFP/TT |
|
|
RECOPE to Lower Oil Prices
Responding to the dramatic dip in international oil prices over the last two
weeks, the Costa Rican Oil Refinery (RECOPE) yesterday announced it will ask
the Public Services Regulation Authority (ARESEP) to lower gas prices at the
pump.
(Click for
more)
Weather Conditions Improve
After three days of being battered by strong winds and heavy rains in the
Northern Zone and along the Caribbean coast, the National Emergency
Commission yesterday announced that weather conditions are improving but
that the "green alert" declared Tuesday will continue (TT Daily Page, April
2).
(Click for
more)
U.S. Considers Eliminating Agro Subsidies
SAN SALVADOR (AFP) -- The U.S. trade delegation at the Central American
trade talks announced yesterday that the United States could eliminate its
agricultural subsidies -- at Central America's request -- in the eventual
regional free-trade agreement (CAFTA).
(Click for
more)

April 04
III Annual Charity Picnic
Lots of food, entertainment and fun, Organized by the Residents’ Association
of Costa Rica, Sat., April 5, 10 a.m.-4 p.m., in Montelandia, San Rafael,
Heredia. Info: 233-8068, 221-2053.
Argentinean Quintet Tiempo in
Concert
Sat., April 5, 8 p.m., National Auditorium, Children’s Museum, end Ca. 4.
Info: 222-7647.
"Inventario"
French TV reality show, winner of the Premio Ancora as best play and best
secondary supporting actress, Sat., April 5, 8 p.m., National Theater, Av.
2, Ca. 3/5. Info: 221-5103.
Return
To Top Of Page
RECOPE to Lower Oil Prices
Responding to the dramatic dip in international oil prices over the last two
weeks, the Costa Rican Oil Refinery (RECOPE) yesterday announced it will ask
the Public Services Regulation Authority (ARESEP) to lower gas prices at the
pump.
Since March 20 international oil prices have fallen almost $8 per barrel, to
close at slightly less than $30, according to RECOPE.
Reports from Iraq that "allied" forces prevented the massive oil-well fires
that many expected in the south of the country, coupled with Saudi Arabia's
output increase of 1.7 million barrels per day to compensate for Iraq's lack
of production, have brought international prices down from the pre-war
speculative high of $38.
In the last two weeks, international oil prices have risen and fallen on
each new report from the battlefields of Iraq (TT, March 28). Barrel prices,
however, have not climbed anywhere near $40 since mid March.
During the 1990 Gulf War, oil prices climbed to over $40 a barrel, prompting
RECOPE this time to announce a National Emergency Plan that would be
implemented in the event the war drove barrel prices over $40 (TT Jan. 10).
RECOPE President Litleton Bolton said he will request the pump-price
adjustment today, but did not say by how much.
Return To Top Of Page
Weather Conditions Improve
After three days of being battered by strong winds and heavy rains in the
Northern Zone and along the Caribbean coast, the National Emergency
Commission yesterday announced that weather conditions are improving but
that the "green alert" declared Tuesday will continue (TT Daily Page, April
2).
This week's extreme weather conditions -- caused by a cold front coming down
from the United States -- damaged 160 homes and a schoolhouse in the
southern Caribbean region near the indigenous reserve of Talamanca,
according to the National Emergency Commission.
In southern region of Sixaola, 25 people were relocated to temporary
shelters due to flooding. In nearby Talamanca, another 20 families were
relocated to relatives' homes.
As weather conditions normalize, cleanup efforts are beginning.
The Ministry of Health reports that it has started to clean up some 300
wells contaminated during flooding in the southern Caribbean. The Ministry
of Public Works and Transportation, meanwhile, reportedly has started
cleanup on the Bratsi Shiroles route 801, which runs north to south in the
Talamanca Mountains.
The Braulio-Carrillo Highway (Rout 32), connecting San José to the Caribbean
province of Limón, reportedly has been cleared after mudslides and flooding
blocked passage earlier in the week.
Return To Top Of Page
U.S. Considers Eliminating Agro
Subsidies
SAN SALVADOR (AFP) -- The U.S. trade delegation at the Central American
trade talks announced yesterday that the United States could eliminate its
agricultural subsidies -- at Central America's request -- in the eventual
regional free-trade agreement (CAFTA).
According to U.S. trade representative Regina Vargo, the United States might
be willing to eliminate the subsidies if Central America agrees to "play
nice" by refusing to accept agricultural products subsidized by other
countries.
Vargo insisted that the U.S. and Central America don't disagree about the
use of subsidies, despite earlier fears that the United States would not be
willing to budge on the issue.
The Central American countries yesterday presented the United States with
its draft version of the free-trade agreement -- details of which have not
been made public (TT Daily Page, April 1, 2).
Return To Top Of Page


Daily News | Home | Top Story |
Business News | Central American News
Editorial Cartoon |
Weekend | Exchange Rates |
Fishing |
Culture | Classified Ads
Display Ads | Subscribe! |
Travel Guide | Archives | Links | About Us | Contact Us

|