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"Brothers" Suit Dismissed |
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Written by Rod Hughes
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Wednesday, 11 August 2010 18:11 |
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The recent dismissal by an international business tribunal of a suit against the Costa Rican government by a group of angry investors brought back memories of one of the worst frauds in the country's history. The plaintiffs were some of an estimated 6,300 persons who put a at least $800 million into the unregulated scheme of Luis Enrique and Osvaldo Villalobos.
The investors blamed the government for padlocking the operation after a police raid in 2002. After the raid, Luis Enrique skipped the country, apparently releasing to the press vows to return none of the money if the courts prosecuted. The courts did and sentenced brother Osvaldo to an 18-year prison term in 2007.
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Last Updated on Thursday, 12 August 2010 22:10 |
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Dairy Funds Internal University |
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Written by Rod Hughes
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Monday, 09 August 2010 23:16 |
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The Costa Rica dairy giant, Dos Pinos, is a corporation that believes in internal education to better its operation and promote employees from within. It has established a "corporate university" using the Internet institution, Learn.com.
Conserving its talent within the company by developing it seems to have worked well for the cooperative. Its dairy products are not only number one is local sales but are exported throughout Central America. The company currently has only one creditable competitor for the national market.
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Last Updated on Thursday, 12 August 2010 21:53 |
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Osa Peninsula: Raped Paradise? |
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Written by Rod Hughes
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Thursday, 05 August 2010 22:20 |
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Osa Peninsula on Costa Rica's southern Pacific shore has long been recognized as a treasure trove of exotic, rare wildlife. But a recent report by Costa Rica's Environmental Tribunal says that illegal tourism construction, invasion of protected public land, illegal logging and runaway residential development is causing severe damage.
The good news is that the Tribunal has been inspecting the area frequently since 2008. For decades, the national and municipal governments have turned a blind eye to rampant illegal logging, not even spurred to action by press reports in papers such as La Nación and The Tico Times, plus exposés by national TV journalists.
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Last Updated on Thursday, 12 August 2010 21:52 |
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