Word: costa
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...Costa Rica...
...Costa Rica was the country I least expected to become a pirate's sanctuary. Costa Ricans have always prided themselves on calling their country "the Switzerland of Latin America" because of their government's political integrity...
...fall, and his publishers are after him to write a book about Watergate as soon as he can. His current literary plans are unknown, but four months ago, not long before he went to prison, he expressed the desire to retire to Tossa, on Spain's Costa Brava, to "do a book about an ex-U.S. jailbird who is looking for peace...
...bucolic, balmy Central American paradise: that is how many Costa Ricans proudly regard their nation, and with good reason. In contrast to its neighbors, little Costa Rica (1.9 million people living in an area about the size of West Virginia) has a genuine democracy and no army to speak of. It also has the highest literacy rate and third highest per capita annual income (about $539) in Central America. Recently, however, both its tranquillity and its reputation have been somewhat impaired by the presence of fugitive American Financier Robert L. Vesco, who moved there a year ago and has remained...
Shortly after his arrival, Vesco began investing heavily in the Costa Rican economy, to the tune of at least $25 million. He poured funds into low-cost public housing, a water works and the country's nationalized banks. Initially, Vesco was welcomed in Costa Rica as another potentially helpful American benefactor. Then came accusations that his investment money was part of a $224 million hoard that the U.S. Securities and Exchange Commission has charged him with "diverting" from Investors Overseas Services, the Geneva-based mutual-fund enterprise. Later came the unpleasant news that Vesco had been indicted, together with...