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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 Unveils New ₡100 Coin Celebrating Limón Calypso

Costa Rica is paying tribute to one of its most distinctive musical traditions with a new ₡100 coin celebrating Limón calypso, a genre deeply...

JetBlue First Class Is Coming to Three Costa Rica Routes This Winter

JetBlue's BlueFirst first class reaches Liberia Dec. 26 and San José Jan. 5. Here is what the new cabin includes.

Santa Cruz Inspector’s New Truck and Mayor’s Son’s Bank Deposits Under Scrutiny in Guanacaste Probe

A municipal inspector in Santa Cruz, Guanacaste, bought a new Toyota Hilux for 21.2 million colones (about $46,500) that his income cannot account for,...

US Embassy Links Chinese Mining to Illegal Gold Digging in Costa Rica, China Calls It Unfounded

The United States Embassy in Costa Rica has accused Chinese mining companies operating in Nicaragua of driving illegal gold extraction across the border into...