In Panama, the last seven years have brought unprecedented droughts, forcing the Panama Canal to restrict the amount of cargo on ships passing through. The changing conditions have caused tensions between Panama’s population and the canal’s authorities, who control the watershed that supplies half the country’s population with drinking water. Get Vaccinated and stay safe!!
The recent Florida-Caribbean Cruise Association Conference drew nearly 400 attendees to Panama City and gave the opportunity for cruise executives to see the new Amador port and developments at Colón 2000, such as a new duty-free shopping and leisure complex. Some 60 cruise line executives were on hand. President Michele Paige said the FCCA was […]
According to the AMP, since its creation in 1998, it has collected $2.71 billion, and has contributed $1.705 million to the Central Government for social works in the country. The Panama Maritime Authority ( AMP ) reported a growth of 34% more than in 2020 with a collection of $133.4 million at the end of […]
Panama is 90 days away from having the law ready and becoming the first country in Central America to allow the use of medical cannabis. After a long road led by activists who defend the legalization of cannabis for therapeutic and medicinal use, Panama’s National Legislative Assembly approved at the end of August a bill that would […]
Some 100 hippos descending from a herd smuggled into Colombia by the notorious drug kingpin Pablo Escobar are now recognized as “interested persons” following a federal-court decision this month that is believed to be the first such ruling of its kind in the United States. The Animal Legal Defense Fund, which sought the interested persons […]
Kudos to the BBC Earth filmmakers on capturing some of the most incredible flying fish footage ever. Get Vaccinated and stay safe!!
Panama’s government reformulated the 2022 general state budget and raised it by 0.66%, to leave it at US$25.2947 billion, after the bill was returned by Parliament to increase the amount of operating and investment spending. The original draft of the budget was presented for an amount of US$25.1266 billion. Still, the Budget Commission of the […]
Panama’s “Festival del Cristo Negro” honours a life-size, dark wooden statue of Jesus, also known as “El Nazaraeno”. Throughout the year, pilgrims come to pay homage to this statue of Christ carrying a cross at its permanent home in the Iglesia de San Felipe, a Roman Catholic parish church located in Portobelo, a city on […]
Fitch Ratings has assigned final ratings to the notes issued by La Hipotecaria Sixteenth Mortgage-Backed Notes Trust as listed below. There were no changes to the structure or to the underlying pool of mortgages backing the transaction since the assignment of the expected rating on Oct. 15, 2021. The Series A notes priced five basis […]
Retiring abroad as a pensioner is truly living a second, more fulfilling life. It’s like your do-over. And I think people need to approach it that way. After figuring out my FIRE number, I realized I’m on track to retire by age 59. If you haven’t heard of FIRE, it stands for financial independence, retire early […]