Panama Papers whistle-blower says Russia ‘wants me dead’


News from Panama

The whistle-blower behind the Panama Papers which revealed major tax evasion and fraud worldwide said he feared Russian retribution, in an interview published Saturday by Germany’s Der Spiegel. The magazine quoted him under his pseudonym John Doe as saying he had evidence of financial wrongdoing by top Russian officials and their allies which helped fund […]

July 30, 2022

The Darien, a Gap between Hope and Despair


News from Panama

With a bag full of hopes and dreams, Iriana Ureña, a 32-year-old Venezuelan mother of two, arrived at a Migrant Reception Station (ERM) in San Vicente, at the edge of the Darien Gap. The look in her eyes showing the pain of a mother who would do anything to protect her children. Iriana and her […]

April 8, 2022

Panama struggling to recapture past boxing glory


News from Panama

It can be heard said on the streets of Panama that boxing transcends sport in that country and is in fact a religion in itself. Several generations of people have grown up knowing that one of the greatest fighters of all time, Roberto “Manos de Piedra” (Hands of Stone) Duran, was born in that Central […]

March 25, 2022

Fitch Revises Rating Outlooks of Panamanian Infrastructure Issuers After Sovereign Action


News from Panama

The rating actions follow the affirmation of Panama’s IDR at ‘BBB-‘ and the revision of its Rating Outlook to Stable from Negative. The revision of Panama’s Outlook to Stable reflects the ongoing improvement in the fiscal position and a better-than-expected economic recovery following the initial pandemic shock. Fitch’s fiscal expectations have improved amid a stronger-than-expected […]

February 11, 2022