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Published Monday Edition
June 12, 2017, Vol. 17, No. 115
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Happy
                              dog
Casa Presidencial photo
One of the happy benefactors for the new animal cruelty bill.
Anti-animal cruelty bill signed into law Sunday
By the A.M. Costa Rica staff

This past Sunday, Costa Rican President Luis Guillermo Solís officially signed the law against animal abuse to much fanfare at Paseo Colón.

Duke, the dog who became symbolic of the fight against animal abuse served as a marshal for the parade that occurred Sunday morning, joined the president on the main stage as chief witness for the signing, according to a statement from Casa Presidencial.

The reform to Ley 7451 de Bienestar de los Animales was approved on second debate at the legislative assembly on June 1.

It includes imprisonment of three months to a year for any harm committed against a domestic animal.

The law also penalizes people walking their pets and don’t pick up after them with a fine of up to a quarter or half a base salary.

The imprisonment clause also applies to those indirectly or directly involved in animal fighting, subjects the animal to cruel conditions or conducts gross experiments upon them, the government said.

Of course the law has exceptions in respect to fishing, agriculture, livestock, veterinary activities, branding and artificial insemination. These mainly are exempted in relation to farm and ranch animals.

There are also exceptions toward safeguarding the public health, protection of crops or productive lands and certain cultural shows both public and private.

The exemptions, however, must also be in compliance with the code provided by the Ministerio de Salud and the Ministerio de Agricultura y Ganadería, Casa Presidencial said.

A.M. Costa Rica reported earlier in May that traditions such as the Tope parades, the Lagarteada in Santa Cruz and the famous bullfights are among those exempt from penalization by the law.

To smooth over the law’s passage, the government developed several commissions across several ministries such as in: education, security, municipal development and youth. The public works ministry and the Instituto Costarricense de la Electricidad installed signage near national parks and other protected areas to alert drivers about potential wildlife crossing.


Realtor chamber begins self-regulating measures
By the A.M. Costa Rica staff

In order to join the fight against money laundering, about 400 realtors affiliated with the Cámara Costarricense de Bienes Raíces will start enforcing new measures in their businesses.

One of them is having their customers fill out and sign the Conozca a su Cliente form. It is a “Know your Customer” form which is required from all the financial institutions in the country by the Consejo Nacional de Supervisión del Sistema Financiero.

Even though the Cámara is not a financial institution, they will start taking this measure voluntarily.

According to Ana Seidy López, the president of the Cámara, the data will be kept confidential between the realtor and the customer and will be only released upon a court order. The institution will also promote that a contract be issued in every business deal, no matter how small it is. It will also encourage all members to pay the required taxes.

“Our chamber may greatly contribute to the fight against money laundering, since it is the biggest one in the industry,” Ms. Lopéz said.

Ms. López is in favor of a new law that makes the affiliation to the Cámara mandatory to anysone who seeks to work in the industry.

According to Ms. López, the lack of such a law interferes with the organizations capacity to monitor the behavior of its members and thus, efficiently fight  any money laundering or terrorism financing activities.

Earlier this year, the legislature passed a bill for Costa Rica to become a member of the Financial Action Task Force, an international agency that enforces anti-money laundering and anti-terrorism cash flows among its affiliates.

The bill requires not only financial institutions to report suspicious financial activities but also freelance professionals such as accountants, realtors, lawyers and fund managers to report them as well.


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A.M.
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Second News Page

Published || Monday Edition, June 12, 2017 || Vol. 17, No. 115
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Professional Directory
A.M. Costa Rica's professional directory is where business people who wish to reach the English-speaking community may invite responses. If you are interested in being represented here, please contact the editor.
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U.S. gives Guardacostas two new boats

By the A.M. Costa Rica staff

The Costa Rican coast guard will be acquiring two modern patrol boats thanks to a donation from the United States government.

According to a statement Friday afternoon issued by the Ministerio de Seguridad Pública, the patrol boats will be the most modern within the Guardacostas fleet.

Gustavo Mata, the security minister, said that this coming August 30, some engineers and technicians of the Guardacostas will be heading to Baltimore in the U.S. state of Maryland to receive training for operating the boats.

Mata added that 48 officers will join the first group in Baltimore by the third week of November to train as crew and commanders for the new vessels. Don’t expect to see the patrol boats in regular operation soon, however.

The security ministry said that the patrol boats would sail from Baltimore to the Caldera port in Puntarenas and would finally be put to service in early to mid March 2018. The idea is to use these vessels in the fight against organized crime and drug trafficking within Costa Rican territorial waters.


Blood bank calls for more donations

By the A.M. Costa Rica staff

An SOS was sent out by officials attached with the Banco Nacional de Sangre asking people to donate this past weekend and in the upcoming week.

According to a statement issued by the Caja Costarricese del Seguro Social, a team from the blood bank gathered at the senior center in San Joaquín de Flores on Sunday in order to attract the largest number of donors. The blood bank estimates that it needs at least 18,604 people to donate in order to meet the needs of patients throughout the country.

Today, teams located at the blood bank’s Zapote headquarters will open at their regularly scheduled hours to serve interested donors, officials said. Tuesday will see staff from the blood bank hit the road and visit various companies before Wednesday’s World Donor Day.

Each donation takes about 400 and 500 milliliters of blood, the Caja said. To give perspective, a standard individual-sized Coca-Cola bottle is about 12 ounces or 355 milliliters. The donated amount, however, represents 10 percent of the total blood flowing through the body and is regenerated within 24 hours if one consumes fluids, officials said.

To be a donor, some requirements are necessary. A donor needs to be at least 18 years old, be over 110 pounds, in good health, present their cedula or proof of residency and have a light breakfast with plenty of water and any greasy foods like milk, eggs or cheese be consumed at least two hours before donating.

If one is taking medication, had hepatitis and has tattoos, then they must consult the doctor on duty prior to donations so that they can assess whether one should donate or not, the Caja said.

A healthy person can donate every three or four months without endangering their health and it is advised that after this action to take a hot drink, do not play sports or do any strenuous physical activity, no smoking, officials said. A donor could go back to work, however.


Four suspects arrested on cop killing

By the A.M. Costa Rica staff

The Judicial Investigating Organization and officers of the Fuerza Pública arrested four suspects by Sunday morning for the killing of a police officer among other charges.

Events leading to these arrests occurred beginning around 10 a.m. Saturday. According to investigators attached with the judiciary, a driver was  held up at a road after leaving Río Cuarto de Grecia with a cargo of 22 tons of palm heart going to Limón.

While one man drove off with the truck, the other suspects tied up the driver and left him at the Zurqui tunnel, agents said.

The driver manages to get loose, however, and went for help to a nearby section of Guápiles, investigators said. This is how the hunt for the assailants and the stolen truck began.

According to a statement from the Ministerio de Seguridad Pública, police officers were responding to a call that a cargo truck loaded with goods was stolen at Guayacá de Sarapiquí.

A police report indicates that the first unit to arrive at the site were quickly able to locate the stolen truck along with a white car of other suspects on the run.

The driver of the truck was apprehended at the site and the second police unit alerted chased after the others, security officials said. While on search, two officers were going by a farm and apparently observed several persons behaving suspiciously, the report said.

As officers continued to watch, the men try to flee and one policeman was mortally wounded with a shot in the head by one of the subjects. The second officer involved was not reported injured, police said.

Around midnight Saturday, police continued the search and apprehended an undocumented Nicaraguan national who police considered a suspect.

Within the next two hours, officers then apprehended another suspect caught trespassing. The fourth suspect arrested in this case was captured by agents of the Judicial Investigating Organization.

Police found over 94 boxes loaded down with what is believed to be drugs hidden in the weeds nearby where the police killing happened.


Health ministry introduces plastic plan

By the A.M. Costa Rica staff

To make the country free of single use plastic devices before 2021. That’s the goal the Ministerio de Salud seeks through a national strategy that includes retailer associations, the environmental ministry, CRUSA foundation and the United Nation Development Program, among other.

Single-use plastics are defined as those used for very little time but lasts hundreds of years in degrading. Supermarket bags, straws, as well as some types of plastic containers.

The national strategy prompts the substitution of these plastics by non-oil based renewable materials and marine composites which should last no more than 6 months in the marine environment.
To achieve results, the strategy implies municipal action and the creation of specific policies.

According to this plan, the goal is to make 80 percent of the members of the national chamber of retailers to join the effort and find greener solutions for their packing needs.

Also, the idea is that 65 out of 81 municipalities change their regulations and start charging an extra fee to those who do not comply with the changes.

The plan calls on public institutions to stop buying disposable plastics and encourages research in this field and the creation of substitute products.

"Out of 4,000 tons of waste generated in the country every day, 11 percent is plastic. This figure we could reduce with this initiative through a joint effort,” said María Anchía, the health minister.

Plastic has a double problem: it generates waste in the country's landfills and is dumped on beaches or rivers, and it also requires a highly-polluting way of manufacturing. About a percent of the world's oil is used to make this material, according to data provided by the plan.

To date, no municipality has policies or plans for its businesses and citizens to reduce the consumption of disposable plastic.

"The plan contributes to the protection and conservation of the country's water resource, which is a key issue within the Costa Rica-USA Foundation's agenda,” said Michelle Coffey, executive delegate of the organization.

“We congratulate all involved in the development of this initiative.”


lahar Rio
Penjamo
Red Sismológica Nacional photo        
Photo showing the Río Pénjamo lahar.

Rincón de la Vieja volcano erupts

By the A.M. Costa Rica staff

The Volcán Poás has been rumbling and grumbling with eruptions and spewing its share of smoke and ash, but around 5:42 Sunday morning the Rincón de la Vieja volcano also started erupting.

According to the Red Sismológica Nacional, the eruption lasted around a minute based on data acquired from the organization’s monitoring station in Borinquen.

An eruption that short is not much to scream about in Costa Rica where volcanoes are abundant, but the interesting part about this particular incident was the generation of lahars.

A lahar is a mudflow or debris sediment mixed with water originating from the slopes of volcanoes.

Along with ash and tephra, the material produced during an eruption that is thrown into the sky, are the main causes of risk associated with volcanoes.

Lahars were found in the Azufrosa ravine emanating a steam from the flow of water due to the obvious intense heat of material emitted from a volcano. Lahars were also spotted at the Río Pénjamo.

Rincón de la Vieja is located in northwestern Costa Rica in the province of Gunacaste. It is close to Liberia and is one six active volcanoes in Costa Rica.


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A.M.
Costa Rica

Third News Page
U.S. Tax
Published || Tuesday Edition, June 13, 2017 || Vol. 17, No. 116
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Clásica Atlética race attracts 1,000 runners for 12-kilometer run
By the A.M. Costa Rica staff

A strong step and agile strength was what allowed Javier Fernández to finish first in the 12-kilometer Clásica Atlética del Tecnológico de Costa Rica this past Sunday.

The race included the participation of more than 1,000 runners  from all over the country for its 22nd installment that goes around Cartago Centro, according to the Tecnológico de Costa Rica. 12 kilometers is around 7.5 miles.

The event is in celebration of the creation of the institute and is often a big event for the town that was once the capital of the country.

Tecnológico was established as the second state university of the country. It was founded in June 1971, organizers said.

According to reports from the institute, Fernández took the lead from the start against second-place finisher Abraham Serrano.

Serrano is a former participant in the U.S. Boston Marathon. By the time the competitors reached Barrio El Molino, there was little competition left for Fernández who took a comfortable lead to tour the main avenues of Cartago before finishing at the institute.

He clocked in at 38 minutes, 58 seconds, race officials said.

Javier Fernandez
Tecnológico de Costa Rica photo
Javier Fernández jogs his way to the finish line.

This represents the third time that the runner has won this race. Parallel to the competition was the woman’s section of the race. Norma Rodríguez sprinted in the final part of the race to take a close first-place finish from Andrea Corazzari, organizers said. The timing between the two competitors was a difference of 12 seconds by the final count. Ms. Rodríguez clocked in with a time of 48 minutes, 34 seconds.

The event is more than a race, however, a fair is held with food, handicrafts, cultural events and the blowup playgrounds for kids, organizers said.



Banco Nacional opens a unique art exhibit to public at main branch
By the A.M. Costa Rica staff

The Banco Nacional is keeping a small art exhibit open throughout the month of July at the bank’s main offices located in the heart of the capital.

This collection of small paintings is called Rizomas and is a tribute to the honorary members of the Asociación Costarricense de Artistas Visuales, according to a statement by Banco Nacional.

The techniques are varied: watercolor is joined by oil pastel, acrylic paint, collages, digital photography, pen and printing press pieces. The works themselves are also unique for their sizes: each one about 20x20 centimeters representing the work of over 85 artists.

Organizers said that the exhibit is a good opportunity to know the diversity of themes, colors and visual techniques. Some may also say that it gives life and color to an otherwise dreary experience anyone who has ever been to a bank may say.

“To learn multiplicity, the notion of functioning as a root, branch or stem regardless of their position in the system,” said Li Briceño, the association’s president. “It grows together without having a center and each part helps the other grow no matter where they converge.”

Ms. Briceño is referring to the objective of the exhibit and emphasizes what her vice-president, Marta Yglesias, said about the show materializing the diversity of subjects, techniques and inspirations.

Rizoma art piece
Banco Nacional photo
One of the paintings to be on display for the exhibit.

“Each artist has their own language and for of expression,” Ms. Yglesias said.

“As a collective, we form a solid structure of growth and development that contributes to enrich the artistic medium.”


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A.M. Costa Rica's Fourth News page

  Published || Monday Edition, June 12, 2017 || Vol. 17, No. 115
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Hundreds of families in Pococí receive clean, drinking water
By the A.M. Costa Rica staff

Hundreds of families received drinking water in their houses after waiting nearly 20 years in settlements close to Cariari de Pococí in Limón province.

A new aqueduct was opened for service this past Friday, according to the Instituto de Desarrollo Rural. With help from the Instituto Costarricense de Acueductos y Alcantarillados and the Asociación Administradora del Acueducto Rural, nearly 265 families will finally receive water directly to their homes.

“We had to wait for this work fro 20 years, in which we had to take the water from wells that, on many occasions, were filled with garbage or rusted,” said Zaidi Bolivar, the president of the local Asada.

“We had to bring water from neighboring communities, but now this has changed our lives.”

The new system allows the constructed pumping station to create a flow of 8.62 liters of water per second to create a sufficient-enough flow to enable the new well.

The rural development institute, or Inder, said that the water from deep well would then be pumped to two new metallic tanks. The project also includes a disinfection system to guarantee potable water. The total investment came to be around 573 million colons, Inder said.

Water treatment
Instituto Desarrollo Rurual photo
Officials taste the result of the projects.

Officials also visited the La Florita community in Jiménez de Pococí where another new aqueduct was built along with 3,780 meters of supply lines consisting primarily of PVC pipe. This project benefits an additional 45 households that did not have a water supply prior, Inder said.
 
The project also included the supply of some materials that were delivered to AyA, the acronym for the state’s water provider, in order for that institution to proceed with the construction of pipe steps attached to bridges over the main route that communicates to the settlement.

The construction of these pipe steps is essential to enable drinking water, officials said.


Pineapple plantation herbicide now banned across the country
By the A.M. Costa Rica staff

As of June 5, the use of the agro-chemical Bromacil is forbidden across the country, according to the official daily La Gaceta.

The executive order clearly states that the use of the agrochemical will carry fines and penalties to companies and individuals, as well as a halt to their operations.

According to a release sent by Casa Presidencial, the decision takes place after studies showed that Bromacil easily leaks into ground waters.

It also says that its extensive use in pineapple crops poses a health risk. 

According to the Federación Ecologista, an environmentalist organization, the decision is a source of joy but the group insists that the ban should also be applied to other chemical products such as Diuron, Hexazinone and Ametrine.

“No doubt the decision is an important step forward but it is not enough to mitigate the environmental emergency Costa Rica is going through because of pineapple crop expansion,” the organization said in a statement.

“In Costa Rica, cases like Milano, Cairo, Luisiana and the France villages in the province of Limón, were emblematic examples due to underground water showed polluting of the aquifers,” the statement emphasized.

The use of Bromacil and its leakage into underground water has sparked debates among government officials, members of the pineapple industry and environmentalists.

In the last 15 years, there were several attempts from pineapple representatives to allow small amounts of Bromacil to be in the water. They claimed that very tiny amounts of the chemical would be harmless to health.

As of December 2016, South Korea warned Costa Rican pineapple producers that they would not allow the importation of any fruit with traces of Bromacil, due to changes in the country’s own law. Bromacil works by interfering with photosynthesis, the process by which plants use sunlight to produce energy.

It is preferably  sprayed or spread dry on the soil surface just before, or during a period of active weed growth. It is available as a grain, liquid, water soluble liquid, and as a powder.



Vacation, travel and hospitality


Live in Costa Rica tours

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Featuring artistic expressions of Costa Rican culture, heritage and traditions, the Hidden Garden Art Gallery has been your source for fine art since 2010.  Here you will find 15 large rooms of art in a beautiful, tranquil setting, with more than 60 artists showcasing traditional and contemporary paintings, sculpture, photography and giclee prints.  Located just 5 kms west of the Daniel Oduber International Airport (LIR) towards the beaches. Stop in for a visit to enjoy the view!

Visit our Web site at:  www.HiddenGardenArt.com
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Find us on Trip Advisor, Facebook, Twitter,
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Gallery hours: Tuesdays-Saturdays, 10 a.m. to 4 p.m.
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International shipping available.
9214-8/2/17


George Lundquist header

The Relocation/Retirement tour with the
 *HIGHEST SUCCESS RATE
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Visit many rental options to actually experience the price/amenity options available in more of the areas chosen by Expats for security, comfort, and quality of life.

Meet many Expats who are willing to share their experiences and how the tour has value long after the “lust” wears off.
See how to choose a Retirement tour video by past guest!
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Ask the others what you get for your money, and then compare the quality of accommodations, quality, quantity and variety of food and drink to measure the best value for your money. 

Learn how others “talk the talk” and learn who really can “walk the walk”

Please visit my Web site  to contact my references.

George Lundquist, Retirement, Relocation, and Lifestyle Guide. Email : lundquistgeorge@gmail.com
9113-7/4/17

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Household Furnishings

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Adolfo's Cell 506-8831-4306
 Tom in the USA 803-261-6000
Email: Info@FineFurnitureOfSarchi.com
9218-8/25/17

U.S. Income Tax Services (paid category)

Marlene Summers

U.S. Income Tax Services
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T
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U.S. citizens, plan now for your tax year.  Let me help you pay only the tax  you must!

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9186-6/30/17

A.M. Costa Rica
Real estate rentals
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Business
wanted
Real estate wanted

Real estate rentals (paid category)

San Jose Penthouse

Beautiful Penthouse Fully Furnished for Rent
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Including electricity, rate ₡355.000 (colones) or $650 per month.  2-bedroom / Laundry in bldg /  apartment. with king-sized bed in the master bedroom and large closets and desk.  It has 2 bathrooms, large kitchen and separate large living room. The apartment is on the top floor of the building with a commanding view of San José.  American-style apartment with elevator in a very secure building in Barrio Amón. Total eastern wall is windows for commanding view of area. The fully equipped kitchen has all the amenities included. All linen, towels, bedding are included. Three televisions, cable television, high-speed internet, WiFi. It includes plenty of hot water and all your electricity is also included in the rent. Shared free laundries on four floors of the building. Convenient to Parque Morazán, 100 mts. north of downtown Holiday Inn, Del Rey and other downtown hotels, restaurants, casinos, city government, National Registry.  1/2 mo. security deposit. No lease required.

For personal inspection and more information call Hilda or Frank at (506) -7279-0252, 7148-1518, 7256-8378. Not calling for deals not related.
9217-5/11/17


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9055-2/23/17


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A.M. Costa Rica's
  
Fifth news page
Salsa Lizano
Published || Monday Edition, June 12, 2017 || Vol. 17, No. 115
Calendar
Opinion
Classifieds
Real Estate
Lifestyle
Food
About us
 
Puerto Rico votes statehood
in the latest referendum


By the A.M. Costa Rica wire services

Residents of the U.S. territory of Puerto Rico voted Sunday to become the 51st state of the United States of America.

Nearly half a million votes were cast for statehood, about 7,600 for free association/independence and nearly 6,700 for the current territorial status, according to preliminary results.

"In any democracy, the expressed will of the majority that participates in the electoral processes always prevails," the territory's Governor Pedro Rossello said.

"It would be highly contradictory for Washington to demand democracy in other parts of the world, and not respond to the legitimate right to self-determination that was exercised today in the American territory of Puerto Rico."

This is the fifth time a non-binding referendum has been put before the island's voters. In 2012, the island opted for statehood, but Congress, the ultimate arbiter of the Puerto Rico's bid for statehood, never picked up the matter.

Puerto Rico Senate President Thomas Rivera Schatz vowed to push for statehood. "Congress never freely gave away statehood,'' he said. “U.S. states had to fight for it.''

This year’s referendum coincides with the 100th anniversary of the United States granting U.S. citizenship to Puerto Ricans, though they are barred from voting in presidential elections and has only one congressional representative with limited voting powers.

Schatz argues that statehood would help Puerto Rico in its attempt to face down its debt crisis. But rival parties on the island such as the Popular Democratic Party and the Puerto Rican Independence Party support a kind of continued territory status or independence, respectively. Reuters reports that calls for boycotting the referendum had some observers concerned about anemic turnout at the ballot box.

Many believe the island's territorial status has contributed to its 10-year economic recession. Residents of Puerto Rico are exempt from the U.S. federal income tax, but still pay Social Security and Medicare and local taxes, and the territory receives less federal funding than U.S. states.

Opponents of statehood worry the island would lose its cultural identity and warn that Puerto Rico would struggle even more financially because it would be forced to pay millions of dollars in federal taxes.


Trump prepares new policy
toward government of Cuba


By the A.M. Costa Rica wire services

President Donald Trump is preparing to announce new policies toward Cuba that most likely will roll back parts of former President Barack Obama's efforts to normalize relations with the island nation, according to a senior administration official and other sources.

The official said presidential aides were finalizing their review of U.S.-Cuba relations and were expected to send recommendations to Trump and his national security team in the coming days.

Plans are under way for Trump to announce the new Cuba policy on Friday in Miami. The city in southern Florida has a large and influential population of Cuban-Americans and Cuban émigrés.

However, administration sources said the announcement could be delayed if Trump needs more time to make a final decision.

Trump is expected to announce a partial rollback of Obama's policies, which lifted many restrictions on Americans' travel to Cuba and their conduct of business there.

The president is expected to leave diplomatic relations between Washington and Havana intact. Diplomatic ties were re-established under Obama more than two years ago, after more than five decades of hostility between the U.S. and the communist government that Fidel Castro led to power in Cuba after a bloody revolution.

Although specific details of Trump's Cuba policy are not yet clear, sources familiar with the administration's discussions said they expected the policy to have been influenced by two Cuban-American Republican lawmakers from Florida, Sen. Marco Rubio and Rep. Mario Diaz-Balart. Both are staunch opponents of Cuba's communist government.

Obama re-established normal diplomatic and trade relations with Cuba in December 2014, then visited Cuba months later, becoming the first sitting U.S. president to do so since Calvin Coolidge in 1928.

Fidel Castro, viewed in many parts of Cuba as a revolutionary hero and national patron, stepped down as president in 2008 and died last November at age 90. His brother Raúl, now 86, succeeded Fidel as president.


Venezuela AG challenges
plan to rewrite constitution


By the A.M. Costa Rica wire services

Venezuela's attorney general Luisa Ortega Díaz distanced herself further from President Nicolas Maduro's socialist government on Thursday by filing a legal challenge to his call for a new constitution.

Ms. Diaz filed an appeal to nullify the constituent assembly, scheduled to convene later this summer to rewrite the constitution, as unconstitutional and unrepresentative of Venezuelans.

At a news conference, she called the presidential decree illegal because it is the sovereign people who have the power to demand a revision.

The prosecutor, close to the late President Hugo Chavez throughout his administration, said she considers Chavismo as a philosophy of life and that his legacy is being destroyed.

Maduro on Thursday spoke of threats to his planned constituent assembly and called for a military-civic union to defeat in the street the conspiracy, the plot and the coup that can be expected.

More than two months of almost-daily street protests, primarily against the socialist government, have led to at least 65 deaths among pro-government and opposition demonstrators, bystanders and security forces.

The president has grown increasingly unpopular, as the country suffers crippling shortages of basic goods, but he retains control of the military.

Maduro's political rivals cheered Ms. Ortega's move. "I applaud the fact that the prosecutor is acting constitutionally," opposition leader Henrique Capriles said.

Freddy Guevara, vice president of the opposition-led National Assembly, wrote on Twitter urging hundreds of thousands of Venezuelans to show their support for Ms. Ortega's appeal.

Constitutional lawyer Juan Manuel Raffalli was asked whether Ortega might lose her job over her stance, said removing the attorney general must be done by the National Assembly and also with the approval of the Supreme Court.

But Raffalli noted that a spurious constitutional assembly could dictate any act that they want and can try to eliminate the assembly, the prosecutor and everyone.


Protesters pay respects
to teen killed this week


By the A.M. Costa Rica wire services

Protesters in Venezuela paid their final respects to a teenager who was killed this week during a demonstration against President Nicolas Maduro.

Hundreds of protesters stopped Friday and knelt at a makeshift shrine, the site in Caracas where 17-year-old student Neomar Lander was killed Wednesday in clashes with police.

Venezuela’s opposition says a tear gas canister fired directly at him, while the government says the youth died when a homemade mortar exploded in his hands killed the teen.

In a news conference, Vice President Tareck El Aissami blamed the opposition for fomenting violence at the protests.

Demonstrators marched Friday to the headquarters of the Venezuelan Commission of National Telecommunications to demand that it allow independent media outlets to operate.

The near-daily protests against the government of President Maduro have gone on for more than two months, leading to at least 65 deaths among pro- and opposition demonstrators, bystanders and security forces.

The socialist president has grown increasingly unpopular, as the country suffers crippling shortages of basic goods, however he retains control of the military.


Thousands march
across U.S. for Gay Pride


By the A.M. Costa Rica wire services

Hundreds of thousands marched in cities across the United States in pride and protest to celebrate and demand full rights for the LGBT community.

The events had various names, including the Equality March in Washington, D.C., and the Resist March in Los Angeles.

But full recognition of the rights for lesbians, gays, bisexuals and transsexuals was at the center of the parades, speeches and dancing in the streets.

Many of the marchers lamented what they believe is the setback in the progress made under the Obama administration in the new Trump White House.

While President Donald Trump himself has said little about LGBT rights, several members of his Cabinet have been openly critical of the gay community. They include Vice President Mike Pence and Attorney General Jeff Sessions.

They also point out that Trump broke an Obama tradition by not declaring June Gay Pride Month.

Rep. Maxine Waters led the crowd in chants for Trump's impeachment at the Los Angeles march.

Trump said during the presidential campaign that he is fine with the idea of gay marriage, and also said he does not care what bathroom a person uses, a reference to court cases on whether a transgender student can use the bathroom of his or her choice.

But the Trump White House scrapped President Obama's guidance ordering public schools to let those students make that choice.

Sunday's marches came on an especially poignant day as many remembered the massacre at the Pulse nightclub, a gay club in Orlando, Florida, one year ago.

A pro-Islamic State gunman killed 49 people and wounded more than 50 in one of the most shocking hate crimes in U.S. history.


Theresa May names
new cabinet post-election


By the A.M. Costa Rica wire services

Britain's embattled Prime Minister Theresa May has unveiled her new Cabinet, aimed at focusing on social issues and "delivering a successful Brexit."

Ms. May on Sunday said the new line-up brought in talent from across the whole of the Conservative Party.

She made Damian Green, former work and pensions secretary, her deputy by naming him first secretary of state.

Treasury chief secretary David Gauke moves in to take Green's place, while the leader of the House of Commons, David Lidington, becomes justice secretary.

Lidington's move sees him replace Liz Truss, who has faced criticism in the justice role and has been moved by Ms. May to Gauke's former post as treasury chief secretary.

A surprise appointment came with the naming of Michael Gove as environment and agriculture minister, less than a year after he was removed from the Cabinet by Ms. May.

Boris Johnson stays on as foreign minister, alongside fellow eurosceptic David Davis as Brexit minister.

Ms. May's replacement last year as interior minister, Amber Rudd, keeps her post, as does Defense Minister Michael Fallon.

The prime minister shrugged off suggestions that her days in Downing Street are numbered. Asked if she is now just a caretaker leader, Ms. May noted that, "I said during the election campaign that if elected I would intend to serve a full term.''

Ms. May also said the government will be tackling issues such as the Brexit negotiations, and such issues as education, dealing for the need for more housing and a proper mental health legislation that is going to support people.


Macron’s party dominates
parliamentary election


By the A.M. Costa Rica wire services

The fledgling party of France’s new centrist president Emmanuel Macron is set for a landslide victory in parliamentary elections, as early results from Sunday’s first round of voting showed it taking more than 32 percent of the vote.

That would put La Republique en Marche (LREM) within reach of an overwhelming majority in the National Assembly, with between 400 and 440 seats in the 577-seat lower house.

Voter turnout, however, hit a record low, as an estimated 52 percent of the population stayed away. That’s being blamed on voter fatigue, after a long and divisive presidential campaign that saw Macron elected last month.

The result is seen as a strong endorsement of President Macron. Many of those who voted for him in the presidential election, particularly left-wing voters, said they were doing so only to keep Marine Le Pen out. At the time, many of them, and those who abstained, promised to vote against the new president in the parliamentary elections. However, it is clear that a large percentage of them changed their minds.

In the 28 days since his inauguration, Macron has made his mark on the international stage: playing President Donald Trump at his own handshake game and winning; criticizing Russia’s Vladimir Putin while standing beside him; and jumping in with new proposals after the U.S. announced a U-turn on climate change.

That has had an effect at home. After five years of Socialist Party rule, in which former president Francois Hollande failed to meet his objectives of reducing unemployment and giving a boost to the flagging economy, the French were depressed and downbeat.

Seeing the new president widely acclaimed and admired on the international stage has made voters at home sit up and take note and decide to give him a chance.

The president needs a strong majority in order to push through his promised reforms of France’s strict labor laws, and its ailing social security system.

Prime Minister Edouard Philippe said the result is a clear signal that the French support Macron’s plans. “France is back,” he said, noting that the president, in his first month in office, has embodied trust, willingness and audacity.

He continued: “Next Sunday, the National Assembly will embody the new face of our republic: a strong republic, a unified republic, a republic that listens to everyone, the French Republic.”

LREM, formed just a year ago to get Macron elected, fielded an unprecedented number of unknown candidates. Most had never held elected office and just five percent were outgoing parliamentarians. The few non-politicians who were known to the public included a woman who used to be a bullfighter, a former anti-corruption judge and a video game magnate.

"It is neither healthy nor desirable for a president who gathered only 24 percent of the vote in the first round of the presidential’s and who was elected in the second round only by the rejection of the extreme right should benefit from a monopoly of national representation," said Socialist Party leader Jean-Christophe Cambadelis as results flowed in.

Cambadelis later confirmed he had been eliminated from the competition for his Paris seat, one that was previously a safe one for the Socialists.

It had been expected that the conservative Les Republicains (The Republicans) would be mobilized to form the largest bloc in the National Assembly. But Macron’s impressive performance in his first month, coupled with astute moves, including naming an LR deputy as prime minister, took the wind from their sails. The party is still expected to form the second largest bloc, with a predicted 95-125 seats.

The big losers in this first round were the Socialists, with less than 10 percent of the vote. That would give the PS and its allies just 10-25 seats in the new Assembly.

The far-right National Front party failed to capitalize on Marine Le Pen’s record score of 33.9 percent of the presidential second round vote. It scored just 14 percent Sunday.

A second round of voting takes place next Sunday. Prime Minister Philippe urged French voters to improve on Sunday’s turnout, stressing the importance of going out to vote.


Iran, Turkey send food
to Qatar amid shortages


By the A.M. Costa Rica wire services

Iran has sent at least four cargo planes of food and will continue to send more to Qatar after its biggest suppliers cut ties with the import-dependent country, according to Iran Air spokesman Shahrokh Noushabadi.

Turkey has also said it would contribute food to Qatar amid fears of a food shortage after Saudi Arabia sealed Qatar's only land border, through which it imported most of its food.

Saudi Arabia, the United Arab Emirates, Bahrain and Egypt severed relations last week with Qatar, accusing the small nation of supporting Islamist militants and Iran, allegations Qatar has said are baseless. U.S. President Donald Trump has also had strong criticism of Qatar.

In a bid to rebut these accusations, Qatar is paying $2.5 million to the firm of John Ashcroft, who served as U.S. Attorney General during the September 11th attacks, to audit its efforts at stopping terrorism funding.

Ashcroft is expected to personally lead his Washington-based firm's efforts to evaluate, verify and as necessary, strengthen the client's anti-money laundering and counterterrorism financing compliance, according to documents filed with the Department of Justice.

U.S. Secretary of State Rex Tillerson spoke on the phone late Saturday with Turkish Foreign Minister Mevlut Cavusoglu about the dispute between Qatar and its Arab Gulf neighbors.

Tillerson urged Saudi Arabia and other Gulf states Friday to not further escalate the crisis and ease their blockade of Qatar, which he said was causing unintended humanitarian consequences and affecting the U.S.-led fight against Islamic State.

In reference to Tillerson's comments on the blockade, Turkish President Recep Tayyip Erdogan said Friday in Istanbul it should be lifted completely.

Speaking at a Ramadan fast-breaking dinner, Erdogan vowed to continue supporting Qatar after his rapid approval of legislation on deploying Turkish troops there.



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Beautiful home in the mountains near San Ramón with 180-degree view of the gulf of Nicoya. 7 miles from San Ramón, 1 mile from Interamericana highway. 3,200 foot elevation so temp is 65 to 75 year around. Electric gate, private drive. house built in 2010. 2 bedrooms, 1 bath, appliances included. High-speed internet installed,  Price for sale $179,000    Contact Mike: mmpeace@hotmail.com  (please link that email)
Check out slide show HERE!
9220-8/15/17


Santiago de Puriscal
A little piece of paradise near Santiago de Puriscal,
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16 acres (approximately).  Price: $425,000 USD

We are selling our beautiful finca that has been in the family for 37 years. It is located 3 miles (5 km.) northwest of Santiago de Puriscal in the village of Desamparaditos. We are looking for a discriminating buyer who would appreciate the location, views, flora and fauna. Excellent for artists, writers and nature lovers. Fantastic birding. Very private but not isolated. Have surveyed plans for possible subdividing.

For more information:  In the U.S.A. call the owners: Pete & Debbie Todd: 970 -221-1457 or 970-581-4826 or email toddscolorado@gmail.com. In Costa Rica call Liz Guegan at 506-7187-8577.
CODE: 9216-8/11/17


Puriscal home
GORGEOUS MOUNTAIN & OCEAN VIEW HOME
REDUCED $40K - $355,000
HEALTH CONDITIONS REQUIRES QUICK SALE
This is a gorgeous, new, 3-bedroom luxury home on 2.2 flat acres in a secure, gated community, high in the hills of Puriscal, with stunning, 180-degree views of the ocean, city and mountains of the Central Valley in Costa Rica. Centrally located in the heart of Costa Rica, you are never more than an hour from the Pacific beaches while being much less than that to the culture, shopping, services and night life of the San José, Escazú, Santa Ana and the whole Central Valley. The Altos de Antigua gated community sits at an altitude of 2,800 feet with mild temperatures year round. Features wide paved roads and cement culverts throughout, a large community pool & spa with changing rooms & showers. The community association fees are $42 a month ($500 annually).
This property is currently being offered for $355,000.00 U.S.
Purchase adjoining 2.2 acre investment lot with the home sale for $35,000.00 U.S. or separately for $55,000.00 U.S.
 
    Summary of House Features:

       * Completed 2012 to North American standards
       * 3 large bedrooms, 2 full baths
       * Custom designed kitchen w/granite countertops
       * Frigidaire Professional appliance package
       * State-of-the-art solar hot water
       * Eco-friendly Toshiba LED lighting
       * LG Multi-Split air conditioning system
       * House & perimeter security alarm system
       * 2-car closed garage w/large paved driveway
 
Video Tour: http://www.youtube.com/watch?v=AUEAmahIU9A
Community Web Site: http://www.altigua.com
Photos: HERE!
Costa Rica # 506-8985-6705 or from the States call # 561-740-0651 or email gary_one@msn.com
9173-9/1/17

colinasdelsol
COLINAS DEL SOL Fenced Gated Lots for Sale

* Colinas del Sol is a fenced and gated project  in a quiet area.
* There are 88 clear titled lots.
* Mountain areas with great views.
* Gently sloping level areas ideal for hobby farms, gardening, fruit trees.
* Quiet place to get away from the busy city and beach crowds.
* All lots have gravel roads to them, water and electricity at each.
* Lots are 5,000 sq. meters or larger, starting at only $40,000 USD
* Located in Libertad, Guanacaste, northwest Pacific area of Costa Rica.
* 20 minutes to the Liberia International Airport
* 15 minutes to the Pacific Beaches
* 10 minutes to Medical Facilities
* 25 minutes to the Liberia Hospital
* 5 minutes to Vista Ridge Golf Club

Contact:
In Costa Rica, Jeffrey Sandi Murray:  jsandimurray@colinasdelsolcr.com
In the USA and Canada contact Jim Day: jimday50@aol.com or call 517-484-3675

For more information Click Here: www.colinasdelsolcr.com
9056-2/28/17

Etlinger Farm
rollover
Beautiful farm in excellent location
At only an hour's drive from San José, minutes from Guápiles, and boardering Braulio Carrillo National Park, Etlingera Farms is one heck of an amazing farm. We purchased this 77-acre farm 10 years ago after many trips, and an exhaustive search. It has a little bit of everything we were looking for and a whole lot of beauty. Our average elevation of 600 meters helps to keep Bella Vista cool year round. This farm is nearly level with a semi-modern 2-bedroom house. A fairly rustic 2-bedroom caretaker's home. And, a comfortable, 1-bedroom cabin where we stay. We have 2 large barns, a chicken coop, and a 3-stall pig pen. There are two tilapia ponds and 2 hectarias, (approximately 5 acres) of different species of bananas. The property boarders Rio Blanco in the rear and has 300 meters of public road frontage. Water, electricity, and telephone are all serviced by public utility. Etlingera Farms was reforested with several thousand wood trees of different tropical varieties. We truly believe this farm is spectacular. Our neighbors are selling for as much as $20 per meter. We are negotiable, motivated and open to offers. Our location can be found by searching Etlingera Farms on Google Maps. Our webpage is www.etlingerafarms.com and photo album can be found at www.ticorico.com
9196-4/25/17

horse ranch
rollover
Spectacular Horse Ranch and Spiritual/Yoga
Retreat Center For Sale

We invite you to a horseback tour of 187 acres of pristine farm land with breathtaking vistas, including the islands of the Gulf of Nicoya. There are multiple springs and streams, wooded areas, hard-wood and fruit trees, rolling hills with a geat variety of birds and wildlife. This property boasts the privilege of being bordered by thousands of acres of forest preserve down a steep canyon, offering its own spectacular views, which will never be developed. The many hills provide a builder an endless array of possibilities for nestling buildings in where they will have both views and privacy. The elevation of the property at 1,200 to1600 feet above sea level ensures fresh breezes and ideal year-round temperatures with a day-time average in the low 80's for open-air living. There is a ranch-style house with guest house with 8 total bedrooms, 5 modern baths, huge eat-in kitchen, landmark palm-thatched giant rancho, stable, and storage buildings. The home will come partially furnished, including beds, ample dishware for large groups, housewares, linens, washer/dryer, and fine hard-wood hand-built cabinetry. The remaining horses, 4 to 6 of them, will also convey if one wishes. We are also including a LARGE BEACH LOT in nearby Playa Bejuco. San Rafael de Nandayure is a tiny rural village nestled into the mountainside above Carmona with all the charms of the simple good life of a BLUE ZONE. Carmona is a thriving town with a clinic, restaurfants, shopping, and everything else one may need. The price of our listing Rancho Ricco is $799,000. More information
go to www.ranchforsalecostarica.com  Call Darin Ricco, phone +619-846-8249 or email:  darin_ricco@hotmail.com
9183-6/13/17

rollover
Owner Financing in San Ramon
New Construction, and Ocean View 
Brand new home with 4-plus bedrooms and 3 baths all overlooking an incredible 180-degree view of the Pacific Ocean and mountains. Located only 45 minutes from the San Jose airport and about the same to the Pacific Ocean.  The lower level could be used as a separate apartment or mother-in-law setup. Home includes HUGE master  suite, CLOSETS, custom cabinets, granite counter tops, high wood ceilings, and all in an area that is 70-80 degrees year round. Priced at $199,000. Completion date is January.  See the Virtual Tour CLICK HERE or see our site here  www.whynotcostarica.com. If you would like to take a look at this amazing house, please give me a call at  Costa Rica # 506-8755-6743 or if from the States call # 509-570-1928 or email tim@whynotcostarica.com 
9143-2/3/17

Penthouse
rollover
Costa Rica penthouse for sale
 5 -story penthouse for sale.  One of a kind penthouse on top of the Corobici Hotel in Sabana overlooking the Central Park and new Soccer Stadium in San José.  Excellent location provides you easy access to everywhere.  Other benefits include 24-hour security, 2 restaurants inside the hotel providing 1st class room service plus shared common areas in the hotel. Commercial license is in place. Seller will consider owner financing.  Asking $795K U.S.  Also available for monthly rent for $3,400 per month on an annual basis. Go to www.ThePenthouseCostaRica.com  Owners U.S. cell phone: 813 310-7402  Email crstratton@ymail.com
9132-6/1/17

Business for sale or lease (paid category)

Live the dream!
Several profitable businesses, including a regional radio station, are for sale in Costa Rica. Certain purchases can provide the new owner with residency as well as a great lifestyle. So live your dream while making a profit. Contact: manager@crbusiness.biz.

Real estate brokers and agents (paid category)

CENTURY 21 JACÓ BEACH
Century 21

A Name You Trust,
Professionalism You Deserve

Tom Ghormley and the dream team!
Owner/Broker
in CR since 1979

Buying? Selling? Renting?
We Can Do It!
Let us help you live your dreams!
Beachfront, Views, Mountains,
Beaches, Houses, Condos,
Hotels, Restaurants, Projects,
Commercial, Investments and more

 Century 21 Jacó Beach Realty
Playa Jacó, Puntarenas, Costa Rica
U. S. A. phone numbers:  (213) 283-5168 
or Toll Free: (877) 746-3868
Costa Rica phone number: (506) 2643-3356
Email: info@c21jaco.com
Web: www.c21jaco.com
9215-3/22/18


Remax
Tamarindo
www.remax-oceansurf-cr.com The experts in buying property in Costa Rica, with more than 20 years experience and the largest networked team of agents in the country.  We can help you learn if investing in Costa Rica is right for you with our low-key, educational approach to sales. Our professional agents can tell you more about Costa Rica properties, including condos, homes, lots and & commercial real estate. Twelve (12) agents to serve you, from Playa Marbella to Playa Dante in the Guanacaste, through our Tamarindo and Flamingo offices. For more information, please contact our local phones: 506-2653-0073 Tamarindo / 506-2201-9056 Flamingo ~ Toll Free: 1-866-976-8898 or email:  info@remax-oceansurf-cr.com  or click here www.remax-oceansurf-cr.com
9145-1/2918


ReMax
Playas del Coco
We are an award-winning Team of Professional Agents working with Costa Rica’s #1 Selling Real Estate Agency RE/MAX Prestige Ocean Properties. Get to KNOW, LIKE & TRUST us and let us help you find YOUR Pura Vida! We have over 30 years of experience to educate our buyers and sellers in all aspects of Real Estate.  For Information on condos, homes, lots, farms, ranches, commercial or development property
CONTACT US TODAY with NO OBLIGATION whatsoever.

Playas del Coco Click Here!

Playa Panama Click Here!

Playa Hermosa Click Here!
Peninsula Papagayo Click Here!

Playa Matapalo Click Here!
Toll Free 1-877-293-1456
Email: michael@costarica-realestate.com

9174-2/7/18

Real estate-related services (paid category)

A-1 graphic
A1 MASTER BUILDERS COSTA RICA
SMALL and LARGER jobs welcome !!!. We can build from any plan you bring us all work done by USA codes master electric and plumbing Better quality and lower prices than USA. We do it all Right  + Reasonable.
Call us: Toll Free 877-778-8515   
     Text from US: 804-313-6382 
     CR phone: 506-8307-0164
     Email: hotelescazu@aol.com
     For more info also see our sites:
    www.a1masterbuildercostarica.webs.com
    www.hotelsescazu.com
    www.hotel4salecostarica.com
    www.wind-solar.webs.com 
9142-7/27/17
Related

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9203-4/19/2018

COSTA RICA SOLAR
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NOW with the New Power Company Regulations, we're installing photo voltaic systems for solar electricity.
PV systems: we use Enphase micro-inverters. More flexible. Add panels whenever you like. More reliable than any other system and fully guaranteed!

Solar device
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BUY NOW! Your solar hot water system, so in three months, we can calculate a lower install price for your PV system.  Perfect for homes and hotels. Save up to 40% of your electric bill.
More Watts per Panel, Smarter and more Capable Enphase Micro Inverters mean Less Cost and more Flexibility for You.

    We aren't Cheap...Neither are our Products. Call to Compare.
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    Push this BIG RED BUTTON:  (O) and Learn ​details about your deal with ICE     
    SEE our new PACKAGE DEALS.
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CALL TODAY!
Office: 506-2446-0543
Andre 506-8314-8090
Paul 506-8898-9398
OUR EMAIL:
 andrefurlong@gmail.com
Paul.Furlong@CR-Solar.com
VISIT OUR WEB:
www.crsolar.net 
9177-6/19/16



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A.M.
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Published  || Monday Edition, June 12, 2017 || Vol. 17, No. 115
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News from the BBC up to the minute


BBC newsfeeds are disabled on archived pages.
Latin news from the BBC up to the minute

My advice: Don’t leave garden under-attended while on vacation for weeks

I am about to kvetch. Okay, not truly kvetch. That would suggest constant whining and complaining and I have only one thing on my mind (still it’s a great word…).

Never, ever again will I go on a month’s vacation during the rainy season. I may go for a few days or a week, but never again for four weeks! That’s nearly a month! Why? Let’s face it, a tropical garden can get really nasty in a month, especially if it covers 2 or more acres.

It was so easy in the temperate climes.


Victoria Torley
 You could go on vacation any 
time and things were reasonable 
when you got home, but not in 
the tropics.


 Not that I don’t have a 
wonderful gardener, because I 
do, but he works 30 hours a 
week and, when I am here, I 
work between 20 and 40 hours a 
week.


If I am gone for a four weeks, there is a shortfall of (let me do the math here) 80-160 hours of planting, weeding, and generally maintaining. Ewwww. It’s enough to make you despair.

So, I just came in from two hours (thunder drove me inside) of inspecting, weeding, trimming, and generally looking around and it was depressing. Everything has been covered with morning glory vines (and I cursed whoever decided to import the seeds) so they all have to be removed. I tried to bend a branch to prune it and the vines were so entangled that it snapped! Grrr.

Then there are the things that disappeared completely, like the lovely blue ground covers that were in the rainbow garden when I left. I can’t find them now and they aren’t alone in the disappearing act because I can’t find the Portulaca either. Plus the cactus garden is so overgrown that you can’t find the cactus. Weeding in there is going to be an adventure. How do you watch out for spines if you can’t see the cactus?

Then there are the things that are expected to do well in the rain. Squash for example. I had expected to return to find my little baby squash plants had turned into enormous flowering vines, but, you guessed it, I can tell they haven’t grown an inch. What a disappointment.

And the worst? Many of my beautiful coconut palms have suffered a beetle attack and are dying, so here is a word of caution if you have susceptible palms. The adult beetle lays eggs in the crown of the tree and by the time the damage is visible, the palm is doomed. Cut it down, kill the larvae and prevent the infection of other palms by spraying the crowns with a pesticide. The danger is usually over when the palm is 20 feet tall. Now, back to weeding.



Coconut palms
A.M. Costa Rica photo/Victoria Torley       

Plant for the Week

My coconut palms were lovely and over five years old. Only one remains and I hope it will survive if I spray it consistently.



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From page 7:

Banco Central creates new exchange system

By the A.M. Costa Rica staff

The board of directors for the Banco Central agreed to implement, beginning July 12, a new way of negotiating the U.S. dollar in the domestic market to improve the manner in which exchange rates are operated.

The process, known as Monex-Subasta,will operate daily before the start of the Monex-Continuo session that arrives around 10 a.m. The system is essentially a double auction of a single price, according to a statement from the Banco Central.

The new service seeks to increase the temporary coincidence of bidders and buyers of foreign currency and increase the flow of information in the national exchange market. Basically, this allows the public, during the morning hours, to have a reference of the exchange rate during the day.

The Subasta process is double, as buyers and sellers participate simultaneously with their bids. It is also a single price because those participants that manage to be assigned receive the same type of exchange determined competitively by the interaction of the participants in the auction, officials said.

Only the exchange intermediaries affiliated with the Sistema Nacional de Pagos Electrónicos and the Banco Central can participate in the three-stage process. The first stage involves participants entering orders consisting of the amount of dollars they want to buy or sell and the corresponding exchange rate. This begins around 9:10 a.m. and lasts for a half hour, the bank said.

The second stage involves a competitive period where any participant who entered an offer can now negotiate or improve the offer as many times as they want all the while knowing the resulting exchange rate each moment. This rate will be based upon the total offer of purchases and sales into the system, the Banco Central said. This phase will take only 10 minutes.

Any participants not assigned as their offers were considered uncompetitive can now modify the initial offer. The last stage is a continuation of the competitive period but only taking at least three minutes to complete. It will close automatically, randomly and without prior notice, the bidding thus determining a final resulting exchange rate.

“The design of this auction allows the early and truthful disclosure of information on the expectations and flows of buying and selling dollars in a more competitive market,” a statement from Banco Central said.

Come closing time, the buyers and sellers who had prices offered equal to or more competitive than the final exchange rate will be assigned, the bank said.