President of Panama Laurentino Cortizo denied today the privatization of the Institute of National Aqueducts and Sewers (IDAAN) and the Social Security Fund (CSS). In statements to the press, Cortizo assured that his administration is working on the transformation and rescue of both public institutions so that they provide an efficient and sustainable service […]
The Sun Rise carrier transporting B.C. Ferries’ first two Island Class hybrid electric vessels has reached the Pacific Ocean after passing through the Panama Canal. The carrier was positioned off the west coast of Costa Rica on its way north as of Friday. The new ferries left from Constanta, Romania, on Nov. 20. They are […]
Dan Mitchel writes in International Liberty According to bureaucrats at the Paris-based Organization for Economic Cooperation and Development, so-called tax havens are terrible and should be shut down. Their position is grossly hypocritical since they get tax-free salaries while pushing for higher taxes on everyone else, but not very surprising since the OECD’s membership is […]
Panama continues near the bottom of the Gender Inequality Index (GDI) with a value of 0.460, placing it at position 108 of 189 countries. Well below neighboring countries, such as Costa Rica (0.285) and Colombia (0.411), which occupy positions 61 and 94, respectively. The inequality that exists between men and women is one of […]
According to its citizens, Panama currently ranks fifth among the most corrupt countries in Latin America, despite a decline in the number of people who admitted to bribery payments. According to Carlos Barsallo, president of the Panamanian chapter of Transparency International, more than 56 percent of the population believes that corruption has increased, a […]
Five years after the big announcement made by President Ortega and the Chinese company HKND, of the famous project to build a large inter-oceanic canal in Nicaragua, there are only tales. The mega-project promised at the time by the Ortega government was estimated at $50 billion and promised to be built in five years, from […]
While I am not vetting this project yet, I see a lot of big names associated with the planning and I hear that sales have begun. I hope that they clean up their website as I could not get into it and repeated requests for information only triggered error messages. Plans have been unveiled for […]
Taking measures to reactivate the productive sectors, make better use of public-private partnerships and boost tourism is part of what the private sector expects from the Panamanian government in the coming year. Six months before the Cortizo administration takes office, Panama‘s business sector is asking it to make the decisions the economy needs to be […]
This is a great story showing both sides of the controversy and I especially like Roberto Eisenamann Jr. and his side of the story. Panamanian relatives of those killed during the 1989 US invasion of the country brought flowers to the graves of their loved ones to honor their memory on the 30th anniversary of […]
Last year marked the 30 anniversary of the US invasion of Panama. A very controversial subject and a sad time indeed with all that happened just to get one man. I read history for one reason that we all should do and that is to learn from our past mistakes so as not to repeat […]