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A.M. Costa Rica's Second news page |
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San
José, Costa Rica, Wednesday, Aug. 13,
2014, Vol. 14, No. 159
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New print paper
targets the affluent
By Michael Krumholtz
of the A.M. Costa Rica staff Grupo Nación, the country's Spanish-language media conglomerate, is experimenting with a new kind of business model through a recently
The publication that launched in late July has print and online editions and is headed by Guiselly Moor, who was previously in charge of another Group Nación daily, La Tea. Ms. Mora recently told El Financiero that the paper's target demographics will be female and middle-class readers. Published every day except Sundays, Ahora's 32-page print copies are only sold in the San José metropolitan area, allowing the company to cut back on distribution costs. The paper costs a reasonable 200 colons, less than 40 cents. Though the news industry in Costa Rica has continued at a steadier pace than counterparts in other areas of the world, Grupo Nación's creation of Ahora mimics a wider shift towards content that blends news with commercial and retail advice. Heavy in themes of food, travel, and home, this type of news usually caters to more affluent crowds who are not only interested in chic vacation tips or the best restaurants, but can consistently afford them. The newspaper's aim for short content pieces also mirrors a change that numerous hard news organizations, notably the USA Today and The Associated Press, have already set out for. With the assumption that readers' attention spans are narrowing more and more, news sites are looking for a higher quantity of stories and headlines with less text. In the past month alone, numerous media giants have decided to divide their entertainment or broadcasting sectors from their publishing ends of business. Companies like Gannett, E.W. Scripps, and News Corp have isolated their print affiliates to cut future costs for their other companies. Grupo Nación also is bucking the trend in starting a print edition at a time when many news organizations are dropping theirs in favor of the Web. New test would spot junk fillers in coffee By the American Chemical Society news
service
Coffee drinkers beware: Surprise ingredients that are neither sweet nor flavorful may be hiding in coffee, and growing coffee shortages may increase the chance of having these fillers in coffee in the future. The
In 2012, a study from the Royal Botanic Gardens and the Environment stated that 70 percent of the world’s coffee supply might disappear by 2080 because of conditions caused by climate change. But shortages due to more immediate issues already are occurring. The coffee-rich country of Brazil typically produces 55 million bags of coffee each year. But according to some reports, the projected amount for 2014 will likely only reach 45 million bags after this January’s extensive drought. That’s about 42 billion fewer cups of coffee for this year. Now, however, Ms. Nixdorf and her team at State University of Londrina in Brazil have developed a way to nip coffee counterfeiting in the bud. “With our test, it is now possible to know with 95 percent accuracy if coffee is pure or has been tampered with, either with corn, barley, wheat, soybeans, rice, beans, acai seed, brown sugar or starch syrup,” she said. The problem, she explains, is that “after roasting and grinding the raw material, it becomes impossible to see any difference between grains of lower cost incorporated into the coffee, especially because of the dark color and oily texture of coffee.” In new research, the team is now analyzing several fillers that are considered impurities rather than adulterants. These impurities can even be parts of the coffee plants, introduced at harvest, that are not really supposed to be in the final product. Wood, twigs, sticks, parchment, husks, whole coffee berries or even clumps of earth that are almost the same color as coffee have been found. Identifying them is essential because if there is a large amount of impurities, they were probably added purposefully — not by accident, as some producers claim, says Ms. Nixdorf. Currently, tests to detect these unwanted additives require scientists to check the coffee, and those tests are subjective –– not quantitative, she said. With these tests, the scientists look at the coffee under a microscope or identify various additives by simply tasting the coffee. In contrast, the new test uses liquid chromatography and statistical tools. This gives her team a much closer look at the ingredients in an unbiased way, according to Ms. Nixdorf. Chromatography is a powerful analytical technique that is very sensitive and highly selective. Because much of the coffee is composed of carbohydrates, researchers could develop a characteristic fingerprint when using chromatography that separates out the real coffee compounds, says Ms. Nixdorf. The added, unwanted grain fillers generate different levels of sugars than the natural ingredients, so they are easy to identify, she explains. Rate hike for Cartago power rejected By the A.M. Costa Rica staff
The nation's rate-setting agency has rejected a petition from the Cartago utility providers for a 12 percent raise in electricity. The request was rejected because there were inconsistencies in the paperwork that was presented, said a report from the Autoridad Reguladora de los Servicios Públicos. Cartago has its own utility firm, the Junta Administrativa del Servicio Eléctrico Municipal de Cartago, which serves about 89,000 subscribers, said the price-setting agency. The increase would have meant a 1,400-colon (about $2.60) increase for the average home user, said the agency. The junta most likely will revise its documents and make another application.
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A.M. Costa Rica Third News Page |
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| San José, Costa Rica, Wednesday, Aug. 13, 2014, Vol. 14, No. 159 | |
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| Teen gang used guns and knives to threaten their Purral neighbors By
the A.M. Costa Rica staff
A band of young toughs, ages 13 to 16, terrorized Los Cuadros en Purral de Guadalupe by confronting pedestrians and even shooting at two. The Judicial Investigating Organization said that five youths detained in raids early Tuesday will face 15 allegations of attempted murder and aggravated threats. The youngsters appear to be not after money. Instead, they were motivated by personal problems with the victims, said the agency. The five are being handled as juveniles, said agents from the organization's Sección Penal Juvenil. The crimes began in May and continued to this month, said the agency. The gang worked form 5 p.m. to 10 p.m. according to the investigators. They would confront the victim with a firearm or perhaps a knife, agents said. Agent conducted raids at eight locations Tuesday in order to make the arrests. They found an AK-47 rifle, and a pistol, they reported. |
![]() Judicial Investigating Organization photo
One of the teens is being
detained. |
| President refers ex-minister to prosecutors in conflict of interest case | |
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By
the A.M. Costa Rica staff
Following in his promises to increase transparency and root out political corruption, President Luis Guillermo Solís has put a former head of the transportation ministry in line for a possible investigation into ethical faults. Tuesday he sent a report to prosecutors that said former minister of Obras Públicas y Transportes, Pedro Luis Castro Fernández, disobeyed the impartiality legally required of a public official. According to the report, Castro added himself to a vote in favor of awarding a bid to the Compañía Asesora de Construcción e |
Ingenería.
It said that Castro was associated with the construction
company as a supervisor from 2003 to 2006. The winning contract bid
went for 360 million colons, or some $665,000, the report showed. The Procuraduría General de la Pública and the Procuraduría de la Ética Pública authored the report after an initial complaint was filed in April of 2013 under Laura Chinchilla's administration. “The Procuraduría de la Ética Pública should not only carry out necessary administrative action, aimed at fighting corruption, it should also take every action to increase levels of ethics and transparency in the exercise of public function,” the report read. |
| Lawyer detained on allegation he faked paperwork to get paid |
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By
the A.M. Costa Rica staff
A lawyer hired to collect overdue payments for the nation's health system has been accused of faking paperwork so he could be paid. The specific charge is use of false documents. Judicial investigators conducted a raid Tuesday of the man's home under the direction of prosecutors. Coincidentally, while they were doing so investigators encountered archaeological pieces that experts from the Museo |
Nacional
determined were originals. So these were confiscated, said the Judicial
Investigating Organization. The Caja Costarricense del Seguro Social had contracted with the lawyer to make collections from employers who were overdue on their monthly payments, said agents. They said the amount that has been obtained fraudulently had not yet been computed. The name of the lawyer has not yet been released officially. |
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| A.M. Costa Rica's Fourth News page | |||||
| San José, Costa Rica, Wednesday, Aug. 13, 2014, Vol. 14, No. 159 | |||||
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| Scientists spot genetic changes caused by deadly frog fungus |
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By
the Cornell University news service
Panamanian golden frogs have been driven to near extinction, largely from a deadly fungus and habitat loss, though intensive captive breeding projects in zoos are maintaining the species. A deadly fungus has decimated certain populations of amphibians globally including in Costa Rica for the past few decades, but scientists remain unclear about the exact mechanisms that lead to its disease. For example, while some species have become threatened or gone extinct, others appear unaffected, or the disease persists at reduced frequencies following an outbreak. A new Cornell study, published in the July issue of the journal G3: Genes, Genomics, Genetics, teased out the mechanisms at play by examining which genes are turned on and off in the highly susceptible Panamanian golden frog (Atelopus zeteki) following infection of the fungus Batrachochytrium dendrobatidis. The researchers found significant changes in thousands of genes of frogs infected with a virulent strain, compared with uninfected frogs and those that had been exposed to less virulent strains of the fungus and survived. At the same time, the fungus also appeared to suppress immune genes related to pathogen-fighting T-cells in the spleens of infected frogs. “T-cells are being suppressed by the fungus, and that could be a large part of why this fungus is devastating to certain species,” said Amy Ellison, the paper’s lead author, a postdoctoral research associate in the lab of Kelly Zamudio, the study’s senior author and a professor of ecology and evolutionary biology. In the study, the researchers used adult golden frogs from the Maryland Zoo in Baltimore’s captive breeding program and divided them into three groups: control uninfected individuals; frogs that had been exposed to a less virulent strain of Batrachochytrium dendrobatidis, which survived that infection and were then re-infected with a virulent strain; and natïve, previously uninfected individuals that were then exposed to the virulent strain. In the experiment, all of the frogs exposed to the virulent strain died. But when they compared infected frogs with the controls, there were thousands of changes in the genes, including a wide array of immune genes, between the two types. |
![]() Cornell University/Brian Gratwicke
The golden frog survives through
captive breeding programs.For example, Ms. Ellison and colleagues discovered that genes that control inflammation in the frog’s skin were more active. “This is not necessarily a good thing, since severe inflammation may be pathological,” said Ms. Ellison. In the spleen, there was a striking difference between frogs exposed for the first time compared with frogs that had been infected twice with the two Batrachochytrium dendrobatidis strains; the genes that control enzymes involved in breaking down chitin, one of the main components of fungal cell walls, were more active in the previously infected frogs. So, while some immune genes were more active, important genes related to T-cells and immune defense were simultaneously suppressed, leading the authors to believe that susceptibility is not necessarily due to a lack of immune response but to a failure of those responses to be effective. “This is the first time we have seen that susceptibility is not a lack of immune response . . . but the fungus may be countering these immune responses,” which leads to infection, said Ms. Ellison. In future studies, the researchers hope to do similar tests of resistant species to see which genes are switched on and off. |
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A.M. Costa Rica's Fifth
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| San José, Costa Rica, Wednesday, Aug. 13, 2014, Vol. 14, No. 159 | |||||||
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| Unproven
drugs given green light in ebola battle By the A.M. Costa Rica wire services
The World Health Organization has given a green light for the use of unproven drugs to fight the deadly ebola outbreak in four West African countries. A panel of specialists agreed it is ethical to offer these treatments to try to curb the ebola epidemic, which is the largest ever seen. There have been a number of Ebola outbreaks in Eastern and Central Africa over the past 40 years. The World Health was able to stop those outbreaks by identifying and isolating all cases of the disease, tracing those who have come in contact with infected individuals and providing protective covering to health care workers. But officials from the U.N. health agency acknowledge what has worked in the past is not working now. They say the outbreak in four West African countries, Guinea, Sierra Leone, Liberia, and Nigeria, continues to spread and appears unstoppable. That's why the panel of experts who convened Monday unanimously agreed it is ethical to offer unproven medicines as potential treatments, according to World Health Assistant Director-General Marie-Paule Kieny. “The magnitude and the spread of the outbreak makes it that we do not have enough people to use and to rely only, if I may say, on what has traditionally worked if we want to stop the outbreak as quickly as possible," Kieny said. "So, this is why in this particular circumstances the ethicists have felt that it was ethical to propose these treatments and these vaccines, although they have not been registered yet.” West African health authorities report that more than 1,800 people have come down with ebola, and more than 1,000 have died. There is no cure for this disease, which can kill up to 90 percent of its victims, and is spread through direct contact with the blood or bodily fluids of an infected person. Researchers have found some potential treatments and vaccines that could help bring ebola under control. But, while a handful of these drugs have shown positive results in monkeys, they have not been clinically tested in humans to see whether they are safe and effective. The health of two American aid workers who got infected with ebola in Liberia has improved since they were treated with an experimental drug known as Zmapp. This has raised hopes of other successful treatments by using this and other unproven drugs. U.N. Secretary-General Ban Ki-moon is urging the international community to respond to the shortage of doctors, nurses and equipment needed to fight the ebola disease raging in West Africa. At a news conference Tuesday, Ban said an organized global response is key to controlling the worst-ever outbreak of the virus. He announced he has appointed U.N. public health expert David Nabarro to coordinate the United Nations effort to fight ebola. The U.N. chief also called on the international community to avoid panic and fear, saying the ebola virus can be prevented. While World Health has given the go-ahead for the use of untested treatments and vaccines, Kieny says certain ethical criteria must guide their use. These include transparency of care, informed consent, freedom of choice, confidentiality and community involvement. “The panel also emphasized that because we know so little about safety and efficacy in humans, whenever these treatments are provided for what we call compassionate use, which means it is defined as access to an unapproved drug outside of a clinical trial, then there is a moral obligation to collect and share all data generated,” Kieny said. The World Health Organization says it will push for the speedy start of clinical trials for ebola drugs that look promising. It notes that trials for two vaccine candidates might begin by the end of September and information regarding their safety could be available by the end of the year. More military advisers go on ground in northern Iraq By the A.M. Costa Rica wire services
The United States has deployed another 130 military advisers to northern Iraq to help find ways to assist displaced Iraqis who are trapped on a mountain by Sunni Muslim extremists. U.S. Defense Secretary Chuck Hagel stressed Tuesday that the deployment to the city of Erbil is limited to advising Iraqi security forces. "As the president has made very clear, we're not going back into Iraq, in any of the same combat mission dimensions that we once were in in Iraq. Very specifically this is not a combat boots on the ground operation. We're not going to have that kind of operation," said Hagel. The Pentagon announced a similar deployment of up to 300 military advisers to Baghdad in June. U.S. planes have been carrying out airdrops to get supplies to the thousands of civilians trapped on Mount Sinjar. The military said late Tuesday it had conducted a sixth set of airdrops containing food and water, bringing the total amount of aid delivered so far to 100,000 meals and 27,000 gallons of water. With the help of Kurdish forces in the region, more than 20,000 of the refugees have managed to escape Sinjar in the past few days. In Brussels, the 28-member European Union failed to agree Tuesday on a deal to supply weapons to Iraqi Kurds battling militants from the Islamic State group. But the EU said individual member countries can strike arms deals with Baghdad, as part of a push to blunt the militants' push in Iraq's north and west. Earlier this week, Iraqi Kurdish President Massoud Barzani asked the international community for help in fighting the militants, whose far-reaching and brutal offensive against Kurds and other minorities has sent shock waves through world capitals. United Nations Secretary-General Ban Ki-moon on Tuesday joined a chorus of world leaders in calling for international protection for minorities fleeing the militant onslaught. Ban said he is dismayed by the group's barbaric acts as it has seized towns and cities across eastern Syria and northwest Iraq. In Baghdad, international backing grew Tuesday for Iraqi Prime Minister-designate Haider al-Abadi, picked Monday to form a new government in Baghdad. Kurdish President Barzani told U.S. Vice President Joe Biden in a phone call that he is ready to work with Abadi to confront the nation's security threat. The United States, NATO, Saudi Arabia and Iran have voiced support for Abadi, countering incumbent Prime Minister Nouri al-Maliki's push to extend his eight-year rule with a third term. Maliki has rapidly lost the support of the international community, and is widely accused of failing to unite Iraq's various factions during his eight-year tenure. A fleet of Royal Air Force (RAF) Tornados arrived in Cyprus Tuesday ahead of a humanitarian mission to northern Iraq to help Iraqis stranded by recent violence. The Tornados will be able to leave for Iraq on short notice to provide intelligence and deliver to remote areas, the Ministry of Defense said. A video released by the ministry said to show stranded Yazidis on Mount Sinjar collecting emergency aid dropped from C-130 transport aircraft. The supplies included drinking water and solar lanterns which can be used to recharge mobile phones to help the members of the Yazidi religious minority, trapped on a mountainside in Sinjar, seeking shelter from the Islamic State militants, the Department for International Development said. The ministry said that so far three consignments of aid provided by Department for International Development have been delivered to the area by Hercules C-130 aircraft. Britain said Friday it will contribute eight million pounds ($13.4 million) worth of new spending for those displaced by the ongoing fighting in Iraq, but has indicated it will not intervene militarily. Sale of Clippers final with $2 billion price tag By the A.M. Costa Rica wire services
It's official. Former Microsoft chief executive Steve Ballmer is the new owner of the U.S. professional basketball team, the Los Angeles Clippers. The team's $2 billion sale comes less than four months after the National Basketball Association banned previous owner Donald Sterling for racist remarks. Sterling had tried to fight the sale to Ballmer, but it went through after a California court found Sterling's estranged wife, Shelly, had the authority to sell the team. The NBA's Board of Governors also approved the sale. The league banned Donald Sterling for life after an audio recording emerged in which he told his then-girlfriend not to bring African American friends to Clippers games. The NBA also fined him $2.5 million. The 80-year-old Sterling, who bought the Clippers for $12 million in 1981, had been the longest-tenured owner of any of the NBA's 30 teams. Reacting to his newfound ownership, Ballmer, who retired from Microsoft in February, said he will be hardcore in giving the team, coach, staff and players the support they need. He thanked Clippers fans for remaining fiercely loyal to the franchise through what he described as some extraordinary times. Quake hits near Quito, and two reported dead By the A.M. Costa Rica wire services
A magnitude 5.1 earthquake has shaken Ecuador’s capital, Quito, and surrounding areas, leaving two people dead and eight others injured. The country's national risk control agency said Tuesday on Twitter that firefighters were working to free three others who became trapped in landslides at quarries. Landslides also made some roads impassable and a thick layer of dust around Quito forced the closure of the airport in the capital. The earthquake sent people running into the streets as high rise buildings swayed. The U.S. Geological Survey says the quake was centered 23 kilometers northeast of Quito. Life without passwords is now considered possible By the A.M. Costa Rica wire services
Hackers around the world are getting better at stealing passwords, so computer scientists are trying to find a replacement for the next biggest computer nuisance after the system crash. The U.S. Military’s Defense Advanced Research Projects Agency, responsible for the creation of the Internet, is financially backing several research projects aiming to send passwords into computer history. Within the Active Authentication Project, scientists are looking to utilize some of the many hidden signs that characterize each person and cannot be repeated by anyone else. For instance, the way someone handles a smartphone, the tremor of hands and movements manipulating phones, can be read by sensors. The phone could remember those signs, actively monitor them and automatically lock when someone else tries to use it. Other teams of scientists are trying to teach computers and smartphones how to recognize styles of writing, words that are used, how sentences are constructed and errors that are made. Still another concept will ask the owner to say a phrase instead of typing a password, sensing not only the words but also the subtle differences in tone and articulation. Scientists say the projects have had very good results and that some of the largest computer and smartphone manufacturers have expressed interest in incorporating them into new devices. Marijuana use by teens can affect brain negatively By the American Psychological Association
news service Frequent marijuana use can have a significant negative effect on the brains of teenagers and young adults, including cognitive decline, poor attention and memory, and decreased IQ, according to psychologists discussing public health implications of marijuana legalization at the American Psychological Association’s 122nd Annual Convention. “It needs to be emphasized that regular cannabis use, which we consider once a week, is not safe and may result in addiction and neurocognitive damage, especially in youth,” said Krista Lisdahl, director of the brain imaging and neuropsychology lab at the University of Wisconsin-Milwaukee. Marijuana use is increasing, according to Ms. Lisdahl, who pointed to a 2012 study showing that 6.5 percent of high school seniors reported smoking marijuana daily, up from 2.4 percent in 1993. Additionally, 31 percent of young adults (ages 18 to 25) reported using marijuana in the last month. People who have become addicted to marijuana can lose an average of six IQ points by adulthood, according to Ms. Lisdahl, referring to a 2012 longitudinal study of 1,037 participants who were followed from birth to age 38. Brain imaging studies of regular marijuana users have shown significant changes in their brain structure, particularly among adolescents, she said. Abnormalities in the brain’s gray matter, which is associated with intelligence, have been found in 16- to 19-year-olds who increased their marijuana use in the past year, she said. These findings remained even after researchers controlled for major medical conditions, prenatal drug exposure, developmental delays and learning disabilities, she added. “When considering legalization, policy makers need to address ways to prevent easy access to marijuana and provide additional treatment funding for adolescent and young adult users,” she said. She also recommended that legislators consider regulating levels of tetrahydrocannabinol, or THC, the major psychoactive chemical in marijuana, in order to reduce potential neurocognitive effects. Some legalized forms of marijuana have higher levels of THC than other strains, said Alan Budney of Dartmouth College. THC is responsible for most of marijuana's psychological effects. Some research has shown that frequent use of high potency THC can increase risk of acute and future problems with depression, anxiety and psychosis. “Recent studies suggest that this relationship between marijuana and mental illness may be moderated by how often marijuana is used and potency of the substance,” Budney said. “Unfortunately, much of what we know from earlier research is based on smoking marijuana with much lower doses of THC than are commonly used today.” Current treatments for marijuana addiction among adolescents, such as brief school interventions and outpatient counseling, can be helpful but more research is needed to develop more effective strategies and interventions, he added. Additionally, people’s acceptance of legalized medical marijuana use appears to have an effect on adolescents’ perception of the drug’s risks, according to Bettina Friese of the Pacific Institute for Research and Evaluation in California. She presented results from a 2013 study of 17,482 teenagers in Montana, which found marijuana use among teenagers was higher in counties where larger numbers of people voted to legalize medical marijuana in 2004. In addition, teens in counties with more votes for the legalization of medical marijuana perceived marijuana use to be less risky. The research findings suggest that a more accepting attitude toward medical marijuana may have a greater effect on marijuana use among teens than the actual number of medical marijuana licenses available, Ms. Friese said. |
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| A.M. Costa Rica's sixth news page |
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| San José, Costa Rica, Wednesday, Aug. 13, 2014, Vol. 14, No. 159 | |||||||||
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New device can
sniff out hidden bills
By
the American Chemical Society news staff
Criminals are smuggling an estimated $30 billion in U.S. currency into Mexico each year from the United States, but help could be on the way for border guards. The answer to the problem: a portable device that identifies specific vapors given off by U.S. paper money. Scientists will present the new research today at the 248th National Meeting & Exposition of the American Chemical Society being held in San Francisco, California, through Thursday. In the past fiscal year, law enforcement officials say they uncovered more than $106 million in smuggled cash headed from the U.S. to Mexico. But this was only a small portion of the billions that made it across the border undetected — hidden among belongings, in clothing or elsewhere. The bulk of that currency is laundered drug money. Travelers crossing the U.S.-Mexico border are required to report cash or endorsed checks over $10,000. If they don’t declare larger sums, the money that is found can be seized. “We’re developing a device that mimics the function of trained dogs sniffing out concealed money, but without the drawbacks, such as expensive training, sophisticated operators, down time and communication limitations,” says Suiqiong Li, a member of the research team. “The system would extract gas samples from the traveler or from bags, vehicles and shipping containers. It would detect the trace currency emission signature even in the presence of car exhaust, perfumes, food and a range of temperatures, atmospheric pressures and relative humidity.” Li says the technique, known as the bulk currency detection system, should work effectively within the seconds or few minutes it takes for border inspections. It involves gas chromatography/mass spectrometry, a widely used analytical technique. Experts already use this method for analyzing vapors to detect drugs and explosives, as well as to investigate the causes of fires and identify unknown compounds. But the current way to uncover smuggled money depends on checks by guards or trained dogs without the benefit of any devices, according to Li. The detectiion system is being designed to find the emissions signature of the currency despite the presence of strong background gases and contaminants. It would be an automated, hidden-money screening system, using gas chromatography plus solid-phase microextraction and a thermal desorption technique. When developing the device, the researchers first had to figure out which gases money emits and how fast that happens. It turned out that the gases are a set of trace chemicals, including aldehydes, furans and organic acids. “We have found that U.S. currency emits a wide range of volatile organic compounds that make up a possible fingerprint that we can identify in less than a minute,” explains Joseph Stetter, principal investigator for the study. He and Li are with KWJ Engineering, Inc. This is the first report of the feasibility of sampling emission rates with a practical, money-detecting device, he says. To capture the gases, which are specific to U.S. paper money, guards would pass a probe over clothing or into baggage. If the probe detects a high intensity of the gases, it will indicate that a large amount of money likely is present, he says. The researchers say the device should lead to a significant improvement in detecting smuggled currency and have a strong economic impact for the United States. Stetter estimated that it would take from two to three years to develop the device for use by border guards. |
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| From Page 7: Baker says real estate market growing again Special
to A.M. Costa Rica
Garland M. Baker, the A.M. Costa Rica columnist who keeps expats aware of changes in the law and the real estate market, has expanded his business qualifications. He just achieved the
He now feels the Costa Rican real estate market is growing again. He said he visualizes new opportunities from investors from all over the world, not just the United States and Canada. Baker noted that property transactions are far more complex than the usual residential sale. Buyers confront problems such as water rights, inappropriate soil composition, hidden easements, squatters and the multitude of Costa Rican legal requirements and permits requirements. Over the years, he has assembled a team, including legal, accounting, and property valuation experts, to meet these new international challenges. "The world has contracted from 2008 to present because of the Internet, but opportunities have exploded for the same reason. Costa Rica is a great place to invest and worldwide buyers know it because the country is free from conflict, has a temperate climate, improving infrastructure, incomparable natural beauty and diversity." said Baker, a 44-year resident of Costa Rica and naturalized citizen. |