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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 Chikungunya Cases Spread Inland as CDC Refreshes Travel Notice

The CDC refreshed its Costa Rica chikungunya notice on July 30, but Health Ministry data now puts a second cluster well inland of the province it names.

Costa Rica Warns Tourists That Wildlife Souvenirs Can Lead to Criminal Charges

A shell picked up on a beach walk, a piece of coral, a seed pod, a carved trinket bought from a roadside stand —...

Costa Rica Pressed to Improve Conditions for Indigenous Coffee Workers

More than 500 people and organizations, among them three former presidents of Costa Rica and Panama, have signed a public statement demanding that the...

Heavy Rain and Strong Winds Threaten Costa Rica’s Romería Weekend

If you are walking to Cartago this weekend, plan on getting soaked at some point. Plan also for wind strong enough to bring a...