Ok folks, it is time to “come in from the cold” or as the IRS would have it “fess up”. I have always believed in transparency when it comes to dealing with the IRS. My accountant told me years ago “it is better to knock on the door at the IRS office than for them to […]
Well here goes more jobs in the US. While this is a global move, watch closely at what they do in the US, not here in Panama. (HSBC already announced a deal to sell 195 U.S. branches to First Niagara Bank for $1 billion). The bank wouldn’t disclose where layoffs were coming from, but said […]
I was reading the Miami Herald that we get here in Panama and came across this article written by Bill Richardson, a former governor of New Mexico and special envoy for the OAS. In it he speaks about the importance of the US embracing Latin America. An example of what is wrong up north is […]
Welcome to the fourth in this series of Panama road trips for 2011. We have already been back to Pedasi three times this year, meeting with customers and enjoying this incredible place that is still undiscovered by most people, even with many Panamanians who have never ventured out of the City past the gold coast. While the inventory of […]
Today’s number one concern for one’s estate should be wealth protection. Whether you are an astute investor (or crazy enough to be a day trader), this one theme should be in the forefront of your strategic plan to survive these turbulent times. While I am not proposing that you run for the hills or […]
This years Panamax naval exercise takes place next week off of the waters of Panama. Just a friendly reminder to all, that Panama and Latin America are always ready to rumble if things were to ever get out of hand. It also sends a strong signal to drug runners that things are taken very seriously down […]
Not a good story to post but important as it heralds the first of what I believe will be many more headaches in the future faced back in the US. Get ready for a rough week on Wall Street coming up. The Washington Post with Bloomberg Business By Zachary A. Goldfarb, Published: August 5 | […]
I have been looking into how to utilize a portion of my IRA for further investments in Panama and before I go into this let me set the stage for why. Casey Research has long discussed the idea of moving some of one’s wealth outside the United States. While he is promoting a project […]
At first I thought that this might be a hoax but it seems that we are onto something here. I was sent this news yesterday and sure enough, the folks at Fox News just put out the story. Besides being a great figure for the rum company, Captain Morgan lead an interesting life which you […]
Well folks, we can all rest easy as the debt ceiling crisis has been averted and we have crashed through!! A discussion with several of the countries economic ministers reveals that while things will remain a mess in the US, the impact on the debts of nations here will be minimal. Frank de Lima, Vice Minister of Economy […]