Politics of Costa Rica approved in 1969 limits presidents and deputies to one term, although a deputy may run again for an Assembly seat after sitting out a term. The prohibition was officially recognized as unconstitutional in April 2004, allowing Óscar Arias to run for President a second time in the 2006 Costa Rican presidential elections, which he won with approximately a 1% margin. The President of Costa Rica has limited powers, particularly in comparison to other Latin American Presidents. For example, he cannot veto the legislative budget, and thus Congress is sovereign over the year's single most important piece of legislation. On the
History of Costa Rica had to sail around Cape Horn in order to get to the Pacific Coast. In 1843, the country established a trade route to Europe with the help of William Le Lacheur, a Guernsey merchant and shipowner. In 1856, William Walker, an American filibuster, began incursions into Central America. After landing in Nicaragua, he proclaimed himself as president of Nicaragua and re-instated slavery, which had been abolished. He intended to expand into Costa Rica and after he entered that territory, the country declared war against his forces. Led by Commander in Chief of the Army of Costa Rica, President Juan Rafael