PANAMA IS AMONG the luckier countries in Latin America. Drug-traffickers mostly bypass the isthmus, preferring to ship cocaine to the United States through northerly neighbours. A forest protected the country from Colombia’s long-running insurgencies. Its canal provided $1.7bn to the treasury last year, an eighth of the government’s budget. Panama’s citizens are the second-richest in Latin […]
As tens of billions of dollars are spent building liquefied natural gas (LNG) export facilities along America’s coastline, the importance of the Panama Canal is coming into sharper focus. Many of the cargoes from these terminals will be destined for Asia and must pass through the larger ‘Neopanamax’ locks. These locks – which opened for […]
With the transit of the Liquefied Natural Gas (LNG) vessel Energy Liberty, the Panama Canal reached this Wednesday the figure of 6,000 neopanamax vessels, which validates the impact of this route for world maritime trade. We have received, once again, as a result of teamwork, the transit neopanamax 6,000 through the expanded Canal, less […]
The Empresa de Transmisión Eléctrica de Panamá issued debt securities for 30 years at a 5.125% interest rate. The bonds have a deadline in May 2049, i.e. 30 years from the date of issue and will have a grace period on capital payments of 15 years, informed the institution. See “State-owned Electric Plant Begins to […]
Panama’s electoral tribunal has ruled that former President Ricardo Martinelli, who is awaiting trial on wiretapping charges, cannot run in next month’s elections, but the politician vowed on Friday to retake the presidency in the following vote. The tribunal has not formally commented on the decision, but a copy of the ruling seen by Reuters […]
In Panama, known as the “Cradel of the best jockeys in the world”. the Laffit Pincay Jr. Technical Academy has changed lives and produced top thoroughbred riders. The famed school, opened in 1960, is located outside the country’s only racetrack. See the slide show here
Traveling to the Darien Gap in Panama to report on the increasing flow of foreigners from around the world who are walking through the forbidding jungle to get to the United States. Panama is struggling to care for the waves of people arriving at their southern border. Watch the story with Chuck Holton of Hot Zone […]
Story Highlights Americans among the most stressed in the world Nearly half (45%) felt worried a lot More than one in five (22%) felt angry a lot WASHINGTON, D.C. — Even as their economy roared, more Americans were stressed, angry and worried last year than they have been at most points during the past decade. […]
Robbie Shell at The Wall Street Journal writes this great article. When I was young, I wondered why older women carried around huge pocketbooks, and why public parks had so many benches along their pathways. When I was in college, I wondered why my mother quizzed me so thoroughly after I returned from trips abroad—not […]
In Panama, the dry season began in November last year and not in December as planned, threatening production because of the shortage of pasture for livestock. Representatives of the National Cattlemen’s Association (Anagan) reported that they were not notified in advance about the expected change in the cycle because of the Niño Phenomenon, which prevented […]