As reported in Reuters, former Panamanian President Ricardo Martinelli has asked the U.S. Supreme Court to release him from a Florida jail while he fights Panama’s efforts to extradite him. Martinelli was jailed last month in a federal detention center in Miami after Panama asked the United States to extradite him on charges that he […]
The Panama Canal’s enlargement has enabled it to win back most of the all-water traffic between Asia and the US East Coast that it had lost to the rival Suez Canal route. The Central American waterway’s share of the total headhaul capacity on the route has risen to 74 percent, the level it had […]
As reported in Reuters, the Mexican attorney general’s office said on Thursday it asked Panama to extradite a former state governor from President Enrique Pena Nieto’s Institutional Revolutionary Party (PRI), after being arrested there last month on corruption charges. Roberto Borge, who was governor of the state of Quintana Roo, home to tourist resort Cancun, […]
The official statement reported an increase of seven alleged connections to Brazil’s poisonous corruption case. Panama’s Attorney General Office reported Wednesday the number of the suspects in Brazil’s Odebrecht scandal has risen to 43 in the country. According to the office’s Twitter account, the Attorney General refrained from naming the individuals, but did state […]
Due to operational and security limitations, the airline has decided to bring forward the suspension of its flights from Lima and Bogotá to Caracas from July 27, instead of August 16 as originally planned. From a statement issued by Avianca: Bogotá, July 27, 2017. Due to operational limitations registered in the last few hours, Avianca is […]
Between January and May, the monthly index of economic activity varied by 6.49% with respect to the same period in 2016, mainly due to the activities of construction and exploitation of mines and quarries. From a report by the Comptroller General of the Republic. The Monthly Index of Economic Activity (IMAE) in the Republic, for […]
The Best of Panama auction concluded last week, and the “a cup of coffee shouldn’t cost $3” crowd may want to stop reading here (or, y’know, stop holding such a narrow view of such a wide-ranging product). The highest selling of the 51 lots went for a staggering $601 per pound, setting a new world […]
The attorney general, Néstor Humberto Martínez, has recently revealed that in Colombia the exceptionally corrupt construction giant Odebrecht has paid bribes to the amount of USD $27 million USD ($84 billion Colombian pesos).The prosecution revealed new details involving Colombian politicians in Odebrecht‘s bribery networks. Read More: Colombian Judge Requests Investigation of President Santos over […]
The monthly index of economic activity in the region, compiled by CentralAmericaData, registered a year-on-year growth of 3% in April. Figures from the Information System ´Central American MacroeconomicMonitoring´ by the Business Intelligence Unit at CentralAmerica Data:[Figure caption = “Click to interact with the graphic”] Explore data in interactive graphs. Central American IMAE In April, the monthly variation of […]
The National Interconnected System Expansion Plan for the period 2017-2031 will be put to public consultation until August 31. The Expansion Plan for the 2017-2031 National Interconnected System was prepared by Etesa and will be available for public consultation until August 31. From the summary of the document: Demand projections indicate that consumption of electricity in the […]