Panama’s government is barring the Brazilian construction giant Odebrecht from future public tenders after the US Justice Department accused the company of bribes to secure business in Latin America. In a statement read by the minister of the presidency, Alvaro Aleman, the government said it has decided to “take the steps necessary to prohibit the […]
Sally Watson, a freelance travel writer and photographer at Wing Woman Adventure writes of her adventures in one of the most deadly places in the world. THE Darien Gap is a place only the desperate, stupid or curious dare venture. Straddling the border of Panama and Colombia, it’s a region of treacherous jungle and swamps […]
The Miami Herald recently published the story written by International Living. While IL can exaggerate and sometimes has hidden agendas, they are on target for the most part. However, I do take exception with their number 1 choice as Mexico. Want to make your retirement dollar stretch? Prefer to do it in an exotic setting? […]
1. Continue our successes of 2016 2. Continued celebrations of life, my children and my wife who I love so much!! 3. Continued good life in Panama, the Country of my birth. 4. Continue to bring you news of merit and real estate opportunities PS: OK, losing 20 pounds would also be nice!!
An intervention have been ordered into the Istmo Compañía de Reaseguros, Inc. for not having the required equity, among other violations. From a statement issued by the Insurance and Reinsurance Superintendency of Panama: THE BOARD OF THE SUPERINTENDENT OF INSURANCE AND REINSURANCE OF PANAMA, reports that through Resolution No. JD-046 of December 9, 2016, it […]
Copa has presented a financial offer in cash and stock to acquire the second largest airline in the region after Latam Airlines. The New York Times reported that the offer made by Copa Airlines consists of “… a merger that would value Avianca at more than $2 billion, or a 150 percent premium to its […]
It may be the most important seven feet in recent South Carolina history. These seven feet – of dirt, sand and a shellfish sediment called coquina – could very well be the difference between a bright shiny future for the state, and a cloudy, uncertain one. When Congress recently approved the federal half of funding […]
Authorities in Panama say they have seized more drugs in 2016 than in any other year since 2000, and soaring cocaine production in neighboring Colombia may be the most likely explanation behind this rise. As of December 13, authorities had intercepted 62.3 metric tons of cocaine and marijuana — 7 percent more than last […]
Dec 16 Panama’s economy grew 4.8 percent during the third quarter, compared to the year-earlier period, the government said on Friday. Growth was driven by financial intermediation, construction, and utilities, though operations slowed in the Panama Canal and the country’s ports. In October, the government changed its forecast for the year to 5.6 percent from […]
B.C.’s new natural-gas-powered ferry, the Salish Orca, went through the Panama Canal Sunday on its way to Victoria from Remontowa Shipbuilding in Gdansk, Poland. The Salish Orca spent five days waiting on the eastern side of the canal before it could begin its transit. Its journey through the 80-kilometre canal, with its series of locks, […]