"From an economic point of view, the cost of building a new stadium is not best described by the amount of money needed to build the facility but rather the value to society from the same amount of capital spent on the next best public project. Nigeria's government recently spent $330 million on a new national soccer stadium, more than the annual national government expenditures on health or education."
Call centers are one of the fastest growing sectors of the Costa Rican economy, but this boom industry has a dark side. Costa Rica was home to a massive telemarketing scam that defrauded thousands of U.S. citizens — most over the age of 55 — of upwards of $20 million. Prosecutors in the Western District of North Carolina have convicted 46 defendants from the United States related to the sweepstakes fraud to date.
Only two of Costa Rica's sextuplets, Gabriel and Valentina, remain struggling for their lives after second-born Tomás died of an infection Monday at dawn.
QUITO, Ecuador – Ecuador seized around 200,000 shark fins and arrested three suspected traffickers in Manta, the country's main fishing port last week.
With a fourth place finish in the Giro d'Italia, Costa Rican cyclist Andrey Amador pedaled his way into history Sunday. One of cycling's prestigious Grand Tours, The Giro d'Italia is the most important cycling race next to the Tour de France, and the 28-year-old is now the highest placing Central American cyclist in history.
Moín Beach on Costa Rica's Caribbean coast, was the site of the brutal murder of 26-year-old conservationist Jairo Mora, who was killed on May 30, 2013 while protecting sea turtles from poachers. In January, the seven alleged poachers accused of his murder were acquitted.
Beau Biden, the son of U.S. Vice President Joe Biden and former state attorney general of Delaware, died Saturday after battling brain cancer for several years.
TEGUCIGALPA, Honduras – Approximately 5,000 protesters Friday demanded Honduran President Juan Orlando Hernández's resignation after he was accused by the opposition of having accepted illegal funds from the Honduran Social Security Institute to finance his presidential campaign in 2013.
The U.S. drug economy rests on a highly exploitative labor regime. If pot were an iPhone and the supply chain based in China, investigative journalists would be blasting the labor practices that delivered it.
