Archive for July 11th, 2009
Saturday, July 11th, 2009
Representatives from Honduras’s interim government and the nation’s ousted president will continue talks in the coming days aimed at resolving the country’s political crisis, mediator Oscar Arias said Friday, even as Venezuela’s President Hugo Chávez blasted the talks and hopes of a quick solution faded.
Low-level Honduran officials continued discussions for a second day over the recent removal of President Manuel Zelaya, but neither Mr. Zelaya nor interim President Roberto Micheletti attended. The two men refused to speak to each other Thursday, the first day of the talks, and didn’t stay in Costa Rica for Friday’s negotiations.
Mr. Arias, Costa Rica’s president, said talks would continue. In response to Mr. Chávez’s criticisms, Mr. Arias said he was immune to the “verbal bullets” coming from Caracas, and asked that Central American nations be allowed to resolve their own problems, a dig at Mr. Chávez’s interventions in the crisis. (more…)
Posted in Costa Rica News | 1 Comment »
Saturday, July 11th, 2009
Shares of PriceSmart, an owner of warehouse club stores in Central America and the Caribbean, sunk nearly 13 percent yesterday after the company’s earnings missed Wall Street estimates.
The San Diego company posted net income of $8.7 million, or 30 cents a share, on sales of $306.5 million for its fiscal third quarter ended May 31.
Analysts had forecast earnings of 33 cents on revenue of $309 million. PriceSmart’s shares dipped $2.41 to close at $16.25.
Chief executive Robert Price said in an interview that the global economic downturn has resulted in sluggish sales for retailers everywhere, including countries where PriceSmart operates warehouse stores. (more…)
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Saturday, July 11th, 2009
Patrice Bernier and Marcel de Jong scored 3 1/2 minutes apart in the first half and led Canada to a 2-2 draw with Costa Rica on Friday, sending the North Americans to the quarterfinals of the CONCACAF Gold Cup as the Group A winners.
Canada already had assured itself of a berth in the final eight and finished with seven points to earn a match against the Group B runner-up July 18 in Philadelphia.
Costa Rica improved to four points, and advanced to the quarterfinals when Jamaica beat El Salvador 1-0 in the second game of the doubleheader Friday
“Two-two was a fair result. Both teams played to win the pace of the game changed after the first goal,” Costa Rica coach Rodrigo Kenton said. “Canada is a good, calm organized team.”
The first 20 minutes of the match were listless with both teams getting comfortable with the artificial turf surface and the humidity.
But then both teams exploded for four goals in 11 minutes.
Costa Rica opened the scoring in the 23rd minute thanks to two mistakes by Canadian goalkeeper Greg Sutton on the same play.
Sutton’s goal kick went right to Costa Rica’s Armando Alonso, who headed the ball back into the Canadian zone. Striker Andy Herron ran onto the ball and lofted a shot over Sutton who ventured out too far and stumbled while trying to retreat into his goal.
Two minutes later, Canada tied the game when midfielder Josh Simpson drove down the left flank and found an unmarked Bernier, who volleyed the ball into the goal. (more…)
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