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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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The Local Pharmacy and the Surprises of Costa Rica Life

Your local neighborhood pharmacy is a one-stop-for-all-your-health-needs institution. Last year, a law passed requiring a doctor’s prescription for many types of antibiotics and other...

Costa Rica Falls 2-0 to Ecuador in Quito as the Bryan Ruiz Era Begins

Costa Rica lost 2-0 to Ecuador in Quito in Bryan Ruiz's debut, finishing with 10 men and losing a defender before Argentina.

Monteverde Went From 25 Dry Days a Year to Nearly 120, BBC Reports

Costa Rica's best known cloud forest is in the international spotlight this week after the BBC published a lengthy feature on Monteverde, reporting that...

Blocked Estuary May Explain Playa Langosta Fish Die-Off

Sand blocking an estuary's connection to the ocean, combined with reduced freshwater flow during a period of little rain, may explain the mass fish...