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 […]
There is a new Marriott Resort, a Westin Hotel and another as yet unnamed beachfront resort being developed in Panama. I believe that this brings to 12 the total new hotels announced this year. New Marriott Resort in Panama. A press release from Marriot International reads: Marriott Hotels & Resorts have announced plans to develop […]
A friend of mine published a book earlier this year and I just got around to reading it. It is extremely well thought out and while living in Boquete is pretty easy going, there are always challenges. The Handbook is a great guide for those who are newbies and not so newbies like me. Here is […]
What fun we had this week with the performance of Serenade, Spaghetti & Sweets at our local players theatre. A lot of hard work by volunteers and some great talent went into making this dinner theatre show a smashing success. The dinner, drinks, music and friends all came together to make this another memorable occasion in our […]
Well it looks like we may see more construction in our part of the country. With the four lane highway going from Boquete to David under construction, the Nation has put out a tender for the roadwork from David to Santiago that we were hearing about last year. This in from Prensa The Ministry of Public […]
Well not exactly that kind, but the description definitely fits. Panama has a shortage of service personel and management personnel as well. When you get to the executive level the competition for top talent is fierce and the headhunters are making money in Panama right now. This article appeared in Capital.com by Migdalia Casorla Most companies, […]
I do not know how many times this year we have heard about the grow in Panama’s economic activity and what the numbers are shaping up to be for 2011 but we are now approaching double digit figures for 2011. This in from Reuters. (Reuters) – Panama’s economic activity rose 9.5 percent in May compared to […]
Go Ben Go!! Here’s a pretty good, short animated video on the value of gold versus fiat money. The video also points out that it’s difficult to have major prolonged wars without fiat money. In a way, it’s a necessary ingredient as nations engaged in wasteful wars all go bankrupt without the printing press to […]