Brazilian President Jair Bolsonaro said on Tuesday that his country was “broke” and that he couldn’t “do anything” about it, laying the blame on what he called the “press-fueled” coronavirus pandemic. State subsidies that had sustained the poorest third of Brazil’s population for nine months stopped this week, on concerns about the country’s rising deficit […]
Argentina’s country risk reached a maximum of 1,417 basis points on Tuesday, reflecting investors’ fears about the behavior of the domestic economy and doubts about the international situation of the markets, traders told Reuters. They said that the financial problems faced by Argentina, which is negotiating with the International Monetary Fund (IMF) a new agreement […]
Volunteers for the Orphan Grain Train’s (OGT) New England Branch, located at 33 South Main Street in Terryville, loaded a 40 foot container of needed items that will be shipped to Panama. This was the 44th shipment since the branch was dedicated in 2014. OGT has the use of a warehouse that is owned by […]
Panamax vessels, like the container ship pictured here, were built to the absolute limit of the Panama Canal’s dimensions. Recent modernizations in 2016 now allow even larger ships, creatively dubbed “NeoPanamax,” to traverse the Canal. Photo: roger4336 If Given a pair of darts and a map, you would be hard-pressed to hit two spots more visibly […]
The measure that sets the maximum retail prices of 14 food products at the national level was extended for six months by the Executive Branch. The Price Adjustment Commission recommended the Executive to temporarily extend the measure “to ensure that a possible deregulation generates an unjustified increase in products considered to be more sensitive,” according […]
The Panamanian attorney general’s office will ask a judge to order Odebrecht to pay fines due in 2019 and 2020 after the corruption-ensnared Brazilian conglomerate failed to pay, prosecutor Anilu Batista said on Friday. Panamanian authorities fined Odebrecht in 2017 for paying bribes in exchange for construction contracts in the Central American country. The company […]
The delivery of the first batch is expected in the first quarter of 2021, Panama’s health minister said in a Twitter statement. Panama’s government has approved the emergency use of the vaccine produced by US company Pfizer and German company BioNTech, the delivery of the first batch is expected in the first quarter of 2021, […]
The Special Anti-Corruption Prosecutor’s Office has provided valuable information about Odebrecht. One of the most interesting things that the prosecutors revealed is the fact that the works of the companies have been investigated since they arrived in Panama. In other words, they have not limited themselves to inquiring about the disbursements made by Odebrecht’s Structured Operations Sector […]
Currently 97% of progress has the construction of the binational bridge over the Sixaola River, between Costa Rica and Panama; and its inauguration is expected for the first week of March. This was reported by Mario González, resident engineer of the project by the United Nations Office for Project Services (UNOPS), the executing agency of the […]
For Tampa-based travelers, the world is starting to reopen. Following a 10-month hiatus due to the coronavirus pandemic, Copa Airlines will resume its direct flights from Tampa International Airport to Panama City, Panama on Friday. The flights will initially run twice weekly. The resumption of direct flights to Panama also means new routes to Central […]