The Cost of Being a “High Risk” Country


News from Panama

The bottom line is that the increased costs to our foreign financial systems due to some BS agency in the EU is passed on to the consumers. The inclusion of Panama in the list of high-risk countries with strategic deficiencies in the battle against money laundering and terrorism would increase the operating costs of foreign […]

March 4, 2019

Central America: Fuel Prices up to February 25


News from Panama

Price per gallon of regular gasoline: Costa Rica $3.50, Nicaragua $3.36, Honduras $3.24, El Salvador $2.82, Guatemala $2.82 and Panama $2.63.  My friend recently visited Belize where gas is $5.50 per gallon.  Same in most Caribbean Islands. The increase in fuel prices for this fortnight is because of production factors, according to the latest report […]

March 4, 2019

Aqueduct Works for $6 Million


News from Panama

In Panama, the study, design, construction, operation and maintenance of the improvements to the components of the aqueduct in Isla Colón, in Bocas del Toro, are tendered. Panama Government Purchase 2019-2-66-0-01-LP-014765: “The project will be developed in Isla Colón, Province of Bocas del Toro. The necessary studies will be carried out to determine the future […]

March 4, 2019

Galesburg ‘Bird Nerd’ lands in Panama


News from Panama

Elena Prado-Ragan writes of her adventures of bird study here in Panama. My name is Elena Prado-Ragan, and I am a bird nerd. I often get asked to name my favorite bird, a question I can never answer. Between bee hummingbirds weighing the same as large paper clips, ostriches taller than Michael Jordan, puzzle solving […]

March 4, 2019

Le Mars farmer details trade mission with Colombia and Panama


News from Panama

Earlier this month, officials representing Iowa’s agriculture industry participated in a trade mission to the Latin American nations of Colombia and Panama. Bill Tentinger of Le Mars was among those trade team participants. Tentinger has been on several previous trade missions to nations such as Japan, China, Mexico and the Phillipines. He says he was […]

March 4, 2019

Panama rejects inclusion in EU dirty-money blacklist


News from Panama

Personally, I am tired of all the BS that the EU, OECD and other dictatorial organizations keep doing to Panama.  Enough of the BS already!! “Panama strongly rejects the proposal of the European Commission to include the country in a list of jurisdictions of high-risk third countries,” the office of President Juan Carlos Varela said […]

March 4, 2019

Expanded Panama Canal is surpassing expectations


News from Panama

Esteban G. Sáenz, in one of his final duties as VP for transit business for the Panama Canal Authority, speaks ebulliently at the AAPA Planning for Shifting Trade Conference. (Photo by Paul Scott Abbott, AJOT) The recent Panama Canal expansion project is delivering better-than-anticipated benefits, according to an official with a third of a century […]

March 4, 2019