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Friday, October 22, 2021

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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Sold out: Coldplay will perform to capacity crowd in Costa Rica

Coldplay will perform in Costa Rica to a capacity crowd.

Costa Rican presidential candidate named in World Bank sexual harassment case

The World Bank mishandled sexual harassment complaints brought by multiple women against a senior official, according to the bank's labor tribunal. The case involved reports dating...

Costa Rica vaccine mandate for public workers takes effect

Costa Rica's public workers are required to get a Covid-19 vaccine starting Friday, October 15.