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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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Search Intensifies for Missing Hiker in Costa Rica’s Chirripó National Park

Rescue teams continued searching today for a 58-year-old man who has been missing for several days inside Chirripó National Park, one of Costa Rica’s...

Nicaragua Bishop Abelardo Mata Says He Is Well After Detention

Catholic Bishop Abelardo Mata, a critic of Nicaraguan President Daniel Ortega, said he is in good condition in an interview broadcast Wednesday by the...

Costa Rica Hands Macho Coca and Compadre to US Agents in New York Cases

Costa Rica surrendered two men wanted on United States drug trafficking charges to American agents on this morning, closing extradition proceedings that had run...

Corcovado National Park Placed on Red Alert Over Sewage and Crumbling Infrastructure

A coalition of Costa Rican environmental organizations has placed Corcovado National Park under what it calls a red alert, warning that sewage discharges, decaying...