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 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.
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.
The International Monetary Fund (IMF) has reclassified Costa Rica's de facto exchange-rate regime from a "managed float" to a "stabilized" arrangement, pointing to the...
Former President Rodrigo Chaves will coordinate the government team assigned to push forward the planned Marina and Cruise Terminal of Limón, moving the nearly...
Route 32, the main highway linking the Central Valley with the Caribbean province of Limón, remains closed in several sections after landslides triggered by...
