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08 Aug 2006 |
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Daily Edition: San José, Costa Rica, August 08, 2006
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| STOP the Violence: María Laura Jara and Orlando Couier held a sign urging an end to violence in the Middle East during a protest yesterday in front of the Israeli Embassy on downtown San José's Paseo Colón. More than 50 people gathered to make their opinions heard about Israel's recent actions against Lebanon and Palestine. |
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National Stock Exchange
Celebrates 30 th Anniversary
The National Stock Exchange yesterday celebrated its 30 th anniversary with a ceremony at the Marriot hotel in San Antonio de Belén, northwest of San José, according to National Stock Exchange spokeswoman Silvia Zúñiga.
(Click for more)
Efforts to Reach Friendly
Agreement Between Nicaragua
and Costa Rica Fall Apart
The Costa Rican Foreign Ministry does not see it “opportune” to resolve a dispute between the two countries using friendly means, according to a statement released by the ministry yesterday.
(Click for more)
August 08
International Music Festival
With a concert by Triptyque, free, 8 p.m., Church of Las Mercedes de Grecia, Alajuela, northwest of San José.
Piano Recital
Soprano Zamira Barquero and pianist Gerardo Duarte perform works by Schuman, 7 p.m., University of Costa Rica (UCR) School of Music, room 107, San Pedro, east of San José.
Lecture with Visiting Tibetan Buddhist Monks
“Buddha of Prosperity and Other Achievements,” 7 p.m., University for Peace, Cuidad Colón, northwest of San José. Info: 234-8503.
Edited By Amanda Roberson
Tico Times Staff
aroberson@ticotimes.net
National Stock Exchange Celebrates 30 th Anniversary
By Amanda Roberson
Tico Times Staff
aroberson@ticotimes.net
The National Stock Exchange yesterday celebrated its 30 th anniversary with a ceremony at the Marriot hotel in San Antonio de Belén, northwest of San José, according to National Stock Exchange spokeswoman Silvia Zúñiga.
Minister of the Presidency Rodrigo Arias, who previously acted as president of the stock exchange, opened the ceremony, Zúñiga said.
Arias praised the stock exchange's founders, calling them “pioneers and visionaries,” according to a statement from Casa Presidencial.
“When people first began to talk about creating a capital market in Costa Rica and a National Stock Exchange as a strategic instrument of this market, conditions in the country were very different than they are today,” said Arias, who is also President Oscar Arias' brother.
Since then, the stock exchange has grown and faces the challenge of achieving new levels of success by becoming more competitive in the global economy, Arias said.
National Stock Exchange president Orlando Soto also attended the ceremony, and Jeffrey Singer, vice-president of the U.S. National Association of Securities Dealers Automated Quotation (NASDAQ), traveled to Costa Rica for the occasion and gave a presentation on the evolution of capital markets.
Efforts to Reach Friendly Agreement
Between Nicaragua and Costa Rica Fall Apart
The Costa Rican Foreign Ministry does not see it “opportune” to resolve a dispute between the two countries using friendly means, according to a statement released by the ministry yesterday.
Nicaragua Friday agreed to use amicable means to resolve complaints of xenophobia and discrimination it filed against Costa Rica before the Inter-American Human Rights Commission in February.
The complaints concern the death of two Nicaraguan citizens in Costa Rica: Natividad Canda, who was attacked and killed by dogs while attempting to enter a warehouse on Nov. 10, 2005 (TT, Nov. 18, 2005), and José Ariel Urbina, who was lynched by a group of Costa Ricans last December. In Canda's case, Nicaragua argued Costa Rican police and firefighters who witnessed the attack did nothing to stop it.
Foreign Minister Bruno Stagno said a friendly solution is not “opportune” considering comments Nicaraguan government officials recently made to local media, the statement said.
In speaking with Nicaraguan press, Nicaraguan authorities incorrectly labeled the case it presented before the Commission a “complaint,” rather than a “communication,” the statement said.
Stagno stated this argument in a letter sent to the Commission's Secretary Santiago Cantón Friday, the same day Nicaraguan Foreign Minister Norman Caldera sent Cantón a letter expressing his country's agreement to settle the dispute on friendly terms, as the Commission suggested July 18.
Meanwhile, Nicaraguan Foreign Ministry spokesman Oscar García told The Nica Times Costa Rica is going back on its word by refusing to come to a friendly agreement.
“Costa Rica said on July 18 … that it was willing to take the advice of the Inter-American Human Rights Commission to seek out a friendly resolution to the problem. Now they are saying they are not,” García said. “It is also important to remember that this is not about finding a solution to two isolated cases -- this is much bigger than that; it's about Costa Rica's incompliance with protecting the human rights of Nicaraguans in Costa Rica.”
The Costa Rican Foreign Ministry has asked the commission to reject the case, while García said it will be up to the Inter-American Court of Human Rights to decide.
See this Friday's print or pdf edition of The Tico Times for more on this story.
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