By Isis Almeida (Bloomberg) — Cryptocurrencies are making inroads into food commodity trading. The first freight deal settled in Bitcoin was executed last month on a vessel carrying wheat from top shipper Russia to Turkey, according to Prime Shipping Foundation, the venture behind the transaction. The consignment was part of pilot testing of Prime Shipping […]
Jessica Ramesch at International Living offers her perspective on what to do when visiting Panama. There’s so much to see in Panama, from ancient volcanic sites to pristine islands that look untouched by humankind. You’ll find hiking trails, hidden waterfalls, rare species, and there will always be more to explore. About the size of South […]
Panama is taking a brave step in banning plastic bags. Cost of biodegradable bags are higher and I am not sure how they will enforce this new law but still, it is a step in the right direction. As of January 19, supermarkets, pharmacies and retailers have 18 months to stop using plastic bags, and […]
My friend John Hampton celebrates Summer here in Chiriqui with a great video of Barqueta Beach. Enjoy!
John Hampton produced an excellent piece on the Boquete Flower & Coffee Fair, Chiriqui, Panama which ended this week. In excess of 145,000 people visited the festival this year, swamping our little village of 25,000 residents! Enjoy the video. Excellent job John
Curt Anderson, a legal affairs writer at ABC news covers the recent events for out ex President. It is evident that this will drag on for some time. A Miami federal judge on Tuesday upheld the extradition request for former Panama president Ricardo Martinelli to face political espionage and embezzlement charges in his home country. […]
Panamanian prosecutors are investigating a network of over 30 people that includes former high-level officials suspected of taking bribes worth $40 million between 2011 and 2012 for public works projects, Attorney General Kenia Porcell said on Monday. The so-called “Blue Apple” probe began three months ago, and is investigating alleged acts of corruption, money laundering […]
Panama, a popular tax haven that was in the eye of data leak storm dubbed “Panama Papers” in 2016, has finally signed an international agreement that would pave the way for exchange of financial account information with the international community. By signing this agreement — CRS Multilateral Competent Authority Agreement (CRS-MCAA) at the OECD headquarters […]
Reuters reports of the modest inflation rate here in Panama. Consumer prices in Panama were 0.5 percent higher in December compared with the same month a year earlier, the country’s national statistics office (CGR) said on Monday. Education prices rose 3.5 percent, while health was up 2.3 percent and transportation prices gained by 1.7 percent, according […]
Can you imagine allowing the wind farm within a protected rain forest. Well the Supreme Court of Panama killed any chances of this happening. Great move Panama! In Panama, the Supreme Court of Justice has annulled an environmental impact study for a wind farm with 75 wind turbines, which was planned to be built in […]