Panama open for charter


News from Panama

The superyacht industry takes another step towards becoming truly global as Panama opens its doors to charter… As of 8 January 2021, the Panama Maritime Authority issued Resolution No.088-2020, wherein yacht charter licenses have become available for foreign-flagged superyachts to charter and operate in Panamanian national waters. The Operations License for Yacht Charters is part […]

August 9, 2021

Copa Holdings: Q2 Earnings Snapshot


News from Panama

Copa Holdings SA (CPA) on Wednesday reported second-quarter net income of $28.1 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Panama City-based company said it had profit of 66 cents. Losses, adjusted for non-recurring gains, were 38 cents per share. The results beat Wall Street expectations. […]

August 9, 2021

COVID Consumer Headache


News from Panama

This is an excellent article from John Mauldin on his perspective of current events and where we are headed. If you look just at 2021, it seems the US economy is tearing higher. Real GDP grew an annualized +6.5% in the second quarter, the Commerce Department estimated last week. This follows a similar +6.3% first […]

August 9, 2021

The Darién Gap: “A nightmare with 1,001 demons”


News from Panama

“The jungle doesn’t want to let you go,” says 49-year-old Alejandro, who fled political and socioeconomic turmoil in Venezuela three months ago. He stopped first in Medellín, Colombia, but could not find work, so decided to migrate north to the US. It took Alejandro 10 days to reach Panama through the Darién Gap—a forested, mountainous, roadless region that […]

August 9, 2021

‘The Suicide Squad’ Is a Surprising Response to Latin American History — and America’s Messy Relationship to It


News from Panama

On the surface, “The Suicide Squad” is not a movie with geopolitics on its mind, but its backdrop is not devoid of significance. Shot in Panama with signifiers that speak directly to its history with military dictatorships, “The Suicide Squad” has more layers than its absurd concept would suggest, even if it reduces them to B-movie conceits […]

August 9, 2021