The figure is an estimate made by the Intelligence Directorate in Costa Rica released by the US State Department, along with information that indicates a rise in criminal organizations based in the country, and little capacity to combat them.
Money laundering is a criminal activity that handles amounts that are difficult to measure. For example, the report "Illicit Financial Flows from Developing Countries: 2004-2013" by Global Financial Integrity says that during the aforementioned 10 year period, the flow of illicit money from Costa Rica exceeded $11 billion, that is about $1.1 billion a year.
The US Government has renewed its travel alert warning stating that the levels of violence and crime remain "critically high, but have declined in the past two years."
The Department of State continues to warn U.S. citizens that the level of crime and violence in Honduras remains critically high, although it has declined in the past two years. This Travel Warning supersedes the Travel Warning dated June 2014 and includes additional information on crime and security in Honduras, as well as updated contact information.
The cost to the U.S. economy caused by delays in the expansion of the Canal could be a decisive factor in the search to find the necessary funding to continue the work.
An article in Prensa.com reports that "The United States underlined today, Friday, the 'importance' for international trade and its own trade in the 'timely' completion of the works on redevelopment of the Panama Canal and hoped they a 'rapid resolution' would be found to the conflict so that the works can be resumed as soon as possible. "
In Honduras, a inflexible Latin American diplomacy failed, forcing the intervention of the only country capable of forcing an agreement.
The agreement negotiated by Assistant Secretary of State Thomas Shannon is a testimony of the considerable influence that Washington still has over Latin America, despite verbal attempts by Chávez and other leaders of the region to undermine it.
By refusing to consider what happened as a coup d'état, the U.S. avoids imposing economic sanctions on Honduras.
Even though Obama's administration maintains its position in favor of Zelaya's re installment as president, it has avoided declaring the Honduras situation as a coup d'état. This is a decision in itself, as it permits the maintenance of economic assistance programs for the impoverished country.
As of April 1, rules will take effect that include greater oversight of the accounts of public officials and cash transactions, among others.
Journalists Leonel Díaz y Urías Gamarro wrote in Prensalibre.com: "The Report on International Narcotics Control Strategy 2009 by the United States State Department includes Guatemala among the 60 countries in the world that launder money.
We are dedicated to offering the public a tourism Resort located approx. 350 meters from the historic center of town, after colonial Comayagua Medical Center.
Operates in Honduras
Phone: (504) 3237 6321
Promote the sustainable development of the tourism sector in Central America and the strengthening of the touristic business businesses in Central America.
Operates in Costa Rica, Guatemala, Honduras, Nicaragua and Panama
Phone: (504) 2232 6425