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.
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.
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.
Coldplay will perform in Costa Rica to a capacity crowd.
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...