One factor that helps is that Standard & Poor’s revised down the U.S. sovereign rating, which has turned investors’ appetite for other countries such as Latin Americans.

The Mexican government, for example, last year placed a value with a term of 99 years, which expire in 2110 and by which pays interest of 5.75%.

In Costa Rica, the Ministry of Finance canceled an average yield of 6.16% for a bond in dollars maturing in 2025 and 9.54% for a value in colones, which expires in 2015.

Currently, the Costa Rican government can not sell bonds abroad as it has no legal permit.

This week, the Economic Affairs Committee of the Legislative Assembly approved a bill that allows the Executive to sell securities up to $ 2,000 million abroad in terms that range between five and 30 years.

Also, in days gone by rating agencies Standard & Poor’s and Fitch Ratings kept him the note to the government debt as a debtor, which is another favorable to any foreign placements.

Could benefit. A banker and an economist polled believe that if the project is approved, the country could get several benefits.

“Latin American countries are taking to improve the management of its external debt, have savings in financial costs and relieve pressure on the domestic market (because when the government sells bonds in the country takes away resources to the private sector and encourages an increase in interest), “said the manager of BAC San José, Gerardo Corrales.

This official estimated that for every 1% that goes up the rate in colones, families with loans must spend 2.5% more of their income to pay their debts.

For his part, economist Alberto Trejos said that the fraction of public debt is issued in dollars is so low, and reserve levels so high, that would be viable (if Congress approves) placing debt in foreign currency abroad.

“That enables extended periods, lower rates and, above all, ease the dredge that the placement of public debt in the domestic market imposes on the uptake of the national productive sector credit,” he added.

The problem, highlighted Corrales, is that this debt is to pay current expenses (such as wages) and not for investment.

From the Treasury. The Finance Minister Fernando Herrero, recognizes the benefits that this alternative, and said he did not fail to promote the project.

“From the beginning, the Government has urged the Legislature on the importance of this project (…). The plan is called and we have never ceased to promote it because we know the benefits and is of importance at this time for the country, “consulted responded to why the Government has not pushed more by this plan.

The award was announced in Geneva, Switzerland, by the entityAirport Council International (ACI), which carried 350,000passengers surveys worldwide. The partnership brings together more than 1,650 airports in 179 countries.

The terminal is positioned below Rican stations Cancun, Mexico and Guayaquil, Ecuador, first and second places respectively.

Rafael Mencia, new CEO of Aeris, operator of Juan Santamaria,figures released yesterday afternoon.

“This award is an opportunity to celebrate the teamwork betweenthe state authorities of Costa Rica and Aeris. It helps us toprioritize airport improvement projects and validate newinvestments, “said Mencia.

During 2011 some 3 million passengers used the facilities of theJuan Santamaria.

Aeris invested in the modernization of the terminal $ 40 million.

(La Nacion Newspaper)

“We go in search of companies that are willing to contribute whatthey dominate: the programming. We would complement usanimations and illustrations. What we want is that everyone’s owncontribution, “the creator of the character Tricolín, which became popular in the late 70′s in the country.

The content of these platforms would have educational content and promotion of values ​​and science fiction, interactivity, among others.

(La Nacion)

The increase of 0.25 points this week influenced the increasesthat have occurred in yields offered by the Central Bank, the Ministry of Finance and public banks.

The basic rate is a weighted average interest charged by financial institutions, the Central Bank and the Ministry of Finance for periods between five and seven months.

The weighted mean takes into account the amount captured by each entity.
This year, the Central Bank estimates that the government deficitwill represent 4.5% of domestic production.

(La Nacion)

Dressed in a shiny suit the style of a queen or pharaoh, Madonna entered the scene with provocative energy to break the silence and darkness of a stadium that looked into darkness, where onlythe persistent bright flashes that accompanied the show.
The queen was also accompanied by the electro duo LMFAO, same to be submitted in Costa Rica during the Imperial Festival, which will be in March.
There was also a band of drums began to march to the diva. Soon after, the stage was taken by a huge gospel choir with rapper Cee Lo Green.

With the rapper with her and the choir occupying all spaces mega escenario, Madonna sang another hit: Like a Prayer, one of his most emblematic.
It was an impressive show, with several costume changes, dynamic lighting effects and much emotion.

(La Nacion Newspaper Super Bowl Feb 05, 2011)