Two lanes of the Panama Canal locks were shut down for scheduled repairs. Work in the dry chamber seals was done on several gates and required the west lane of Miraflores locks to be closed to vessels for the duration. And the east lane of Gatun locks was also closed for a week. The repair […]
The Panamanian government is considering rescinding the concession granted to Panama Ports Co., a subsidiary of Hong Kong’s Hutchison Port Holdings (HPH) for breach of the commitments agreed in the contract under law No. 5 of 16 January 1997. This is stated on the web site laverdaddepanamaports.com. The website, created to denounce alleged breaches of […]
Here is a great article about the US Military and Doug Casey’s view on the subject. I can’t believe that the Pentagon cannot figure out where they spent $6.5 trillion!! Nick Giambruno: Doug, I know you’ve been thinking about how the Greater Depression will unfold. It’s no secret the government has created the biggest credit […]
Bucking the historical trend, since 2013 the isthmus has taken off positively as an investment destination compared to other Latin American countries. A study by the CABI highlights how in recent years the Central American region, including the Dominican Republic, has been “seen with new eyes” by the rest of the world, as demonstrated by […]
Chabeli Herrera at The Miami Herald reported on the inaugural flight from Miami to Cuba. A mother and daughter from Utah took a leap to experience history. A couple snagged a chance to save money and see family. A woman returned home for a quick vacation. And a man finally had a chance at reunion […]
For years, the biggest nations have tried to to outsmart tax dodgers and reclaim trillions of dollars stashed in off-shore accounts. Many of them are tired of waiting and now just want to make peace and bring some of the money back home. From Indonesia to Turkey and India to Argentina, several of the world’s […]
The first shipment of liquefied natural gas from the lower 48 U.S. states to China arrived this week, thanks to the recently expanded Panama Canal’s easing access to the robust Asian market for U.S. gas exporters. The shipment was chartered by Royal Dutch Shell PLC, the company confirmed to The Wall Street Journal. The cargo, […]
The promise that some oil traders and brokers saw for an expanded Panama Canal to become a new route for large tankers will take longer to realize than expected because many ships must first undergo inconvenient retrofits to transit through the new locks, shipping industry experts said. The modifications to these bigger oil carriers – […]
I love my Amarok!! In the first half of the year registration of vehicles grew by 7%, driven by registrations of SUV vehicles, which grew by 18% and by pickup trucks, which grew by 35%. Data from the Comptroller General of the Republic showed that in the first half of the year 33,164 vehicles were […]
$660 million will be invested to extend Line 2 up to El Dorado mall and extend by 2.2 kilometers Line 1 to Villa Zaíta, in the town of Las Cumbres. Among the advances made by Metro de Panama since the intention to extend the lines was announced in January 2016 is the preliminary design of […]