Marisa Taylor for McClatchy DC reports on yet another tidbit uncovered by the leak from the Mossack Fonseca Papers. As Russian software company Luxoft prepared to offer shares on the U.S. stock market, its executives turned to a well-known U.S. diplomat. Thomas Pickering, a former U.S. ambassador to Russia who also served as undersecretary of […]
If you thought that wealth management was just some shady undercover operations that only crooks and thieves used by hiding behind offshore corporations, I suggest that you buy the book “The Heavens” and see just how big the business really is. Private Family Office firms and the like have existed since time immemorial and will […]
Natasha Ghoneim at AlJazeera reports on her research of the recent canal expansion. Great article and great pictures. When I first started researching the Panama Canal expansion, I never thought I would mention the preservation of the surrounding rainforest and discovery of 21-million-year-old fossils in the same sentence. But I have since learned that they […]
This was sent to me by a good friend and I really did not know what to think or as my wife said, WOW…….not sure if I’m excited or scared……. Your kids should read this and understand what will change in the very near future, like 10 years or less. So they should keep their […]
Fact: Now the biggest taxi company in the world, Uber is just a software tool, they don’t own any cars. In addition to revolutionizing the concept of transport in cities, Uber is also an example of how trends in price management are changing within companies. The processes and methods followed by businesses to determine the […]
Proposals range between $163 million and $178 million, and were submitted by Salud Panamá Norte, Hospital Panamá Norte y COPISA – Fortec D’Angelo for the design and building of a new hospital in North Panama. The proposal from the consortium Salud Panamá Norte was $163.2 million, Hospital Panama Norte bid $178.4 million and COPISA – […]
Reuters reports that Panama City’s main airport said on Friday it had successfully placed a $575 million bond after a company forming a major source of income for the hub became embroiled in a money-laundering probe, prompting the issue to be restructured. Originally earmarked for $625 million, the bond for Tocumen International Airport was pared […]
Colombian authorities have made the “biggest seizure of drugs in history,” according to President Juan Manuel Santos. Security forces discovered eight tons of cocaine in a hideaway under a banana plantation. The seized narcotics have an estimated value of $240 million (212 million euros), officials said Sunday. Colombian authorities found the drugs near the border […]
Business Friendly Messy Legacy Brazil’s interim president brings hope for local and foreign investors as reported by Latinvex in this very comprehensive article. Although he faces Brazil’s worst economic crisis in more than two decades, the country’s new interim president Michel Temer is bringing hope to both local and foreign investors due to his […]
Dozens of people crowded into the main hall of the Panama Canal Authority’s headquarters last month to see which ship would win the coveted maiden voyage through the expanded canal slated for June 26. All eyes were on 9-year old Margarita Rivas Silvera as she stuck her hand in a metal cage and pulled out […]