The smoke is clearing from a competitive presidential election in Panama, leaving a clearer view of the potential impacts on the economy and property market. New President Laurentino “Nito” Cortizo is a cattle rancher and former agricultural minister, who is generally considered a “centrist” and pro-business. He’s vowing to boost foreign investment in Panama and […]
Coffee beans rest in a bin as Tony Tausch, owner of Coffee Emporium, works in his coffee roasting space, Friday, Jan. 26, 2018, in the Over-the-Rhine neighborhood of Cincinnati. Small business operators like Tausch have helped usher in a neighborhood renaissance through community engagement and entrepreneurship, developing once abandoned storefronts and attracting new residents in […]
Under the microscope, sea water reveals the larval stages of little-known marine creatures called phoronids (horseshoe worms), but finding their parents is another story. Although such fanciful larvae caught the eye of scientists studying plankton—the tiny, drifting plants and animals in the world’s oceans—as long ago as the 1800s, there are only about 15 species […]
Compromised information includes full names, birth dates, national ID numbers, medical insurance numbers, and other personal data. An unprotected Elasticsearch server was found publicly exposing personally identifiable information belonging to nearly 90% of Panama citizens, a security researcher found last week. Bob Diachenko, cyber threat intelligence director at Security Discovery, found the data sitting in […]
A five-month drought in Panama has reduced freight carrying capacity of the country’s canal of ocean carriers by nearly one-fifth. It’s also giving an unseasonal boost to shipping rates for U.S. East Coast-bound cargo. Starting next week, the Panama Canal Authority will reduce the maximum allowable draft for the largest of ships that use the […]
The Soy Transportation Coalition (STC) and the Panama Canal Authority recently extended the memorandum of understanding between the two organizations. The agreement, signed by Mike Bellar, chairman of STC, and Jorge L. Quijano, CEO of the Panama Canal Authority, extends the partnership between the two organizations to perform joint promotional events and exchange information in […]
The Atlantic and Pacific oceans meet at the southernmost tip of South America. So why are the water levels different on each side of Panama, necessitating the use of locks? In fact, water levels on the opposite sides of Panama average less than a foot different, mostly due to currents, tidal variations, etc. The canal […]
According to the IMF, the Central American country has been the most dynamic economy in Latin America in the last three decades, reaching one of the highest per capita incomes in the region. A report published by the International Monetary Fund (IMF), and signed by Alejandro Santos, Panama‘s mission chief, and Metodij Hadzi-Vaskov, chief economist […]
Jorge Ramos posted a great video and discusses China’s Panama Plan.
Units of the National Aeronaval Service (Senan) of Panama seized a shipment of drugs in a container that arrived at Puerto de Cristobal, province of Colon, from the port jurisdiction of Cuba with final destination to Istanbul, Turkey. An estimated 1,517 packets of cocaine were seized in an intelligence operation, the Ministry of Security of […]