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Leaked bank files show HSBC ‘helped clients dodge taxes’

A cache of secret bank files shows that HSBC's Swiss banking arm helped wealthy customers avoid taxes and hide millions of dollars, according to a report by a network of investigative journalists released Sunday.

Costa Rica moves to free-floating currency

Costa Rica announced that it would remove the country’s nine-year-old currency band system in favor of a floating exchange against the U.S. dollar, according to a statement from the Central Bank Saturday.

3 Quepos bank employees arrested on money laundering charges

Agents from Costa Rica's Judicial Investigation Police, or OIJ, on Thursday morning arrested three employees of the BAC San José branch in Quepos, a port town next to the popular central Pacific tourist destination of Manuel Antonio, on suspicion of money laundering. A fourth suspect, believed to be the ringleader of the operation, is still at large, according to law enforcement sources.

European Union offers $3.4 billion aid package for Latin America

The European Union plans to offer Latin America 2.5 billion euros ($3.4 billion) in development aid over the next seven years to fund projects ranging from security to education.
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Costa Rica’s Reopens Highway After Landslide Closure

Route 32 reopened Friday afternoon after falling debris blocked the highway through Braulio Carrillo National Park for more than six hours, disrupting travel between...

Costa Rica’s Silky Shark Trade Could Draw Scrutiny

Costa Rica could soon face formal international scrutiny over the way it authorizes exports of silky shark products, a species protected under the Convention...

Giant Tarpon Rule the Río Colorado at Costa Rica’s Silver King Lodge

The first thing one learns about tarpon fishing at the mouth of the Río Colorado is that nothing comes easily. The Caribbean can be...

Naomi Osaka is winning again — here’s why the next month matters

Naomi Osaka arrived at Wimbledon this year with modest expectations on grass and left it as one of the most dangerous floating names heading...