Costa Rica’s next president will guide a pro-democracy pact with Panama and the Dominican Republic. Costa Rica is sometimes called the “Switzerland of Central America” due to its history of democracy, disarmament, political neutrality, and economic prosperity relative to other countries in its neighborhood. That fourth pillar was badly shaken during the COVID-19 pandemic. With […]
In “Panama,” Mel Gibson plays Stark, a CIA operative who recruits James Becker, a Marine veteran played by Cole Hauser, to take on a top-secret arms mission to Panama in 1989, just before the U.S. invasion and the overthrow of Gen. Manuel Noriega. More…
Panama has stepped up security along its jungle border with Colombia in an effort to detect irregular migration movements and members of criminal groups. Speaking in Meteti, Security Minister Juan Pino said Friday that the “Wana Humaradá” operation would focus on four strategic points of the Darien region. It aims to prevent drug trafficking, human […]
BUSINESS WIRE – Live and Invest Overseas, the leading resource for people who want to live, retire, and invest overseas, announced today its six best international markets for investment property in 2022: Panama, Colombia, Brazil, Montenegro, Morocco, and the Philippines. These overseas destinations were chosen because they offer untapped, and in some cases, depressed real estate […]
The rating actions follow the affirmation of Panama’s IDR at ‘BBB-‘ and the revision of its Rating Outlook to Stable from Negative. The revision of Panama’s Outlook to Stable reflects the ongoing improvement in the fiscal position and a better-than-expected economic recovery following the initial pandemic shock. Fitch’s fiscal expectations have improved amid a stronger-than-expected […]
Warmer temperatures this winter in Asia and higher gas demand in Europe are cutting demand for transit of vessels carrying liquefied natural gas (LNG) through the Panama Canal, the waterway’s authority told Reuters on Wednesday. The Canal overall is facing higher seasonal demand for vessel passage with an average of 39 ships per day, and […]
As an attorney for the law firm at the heart of the Panama Papers was cleared in one case, the justice department announced a money laundering trial against 32 other defendants. Thirty-two people will be prosecuted for their alleged involvement in money laundering in Panama following revelations made in the explosive Panama Papers investigation. […]
The Latin American country has experienced one of the world’s most impressive—and surprising—trajectories of the past three decades. Panama gets a lot of bad press. Last October, its name was in the news again over the Pandora Papers. Nearly half of the hundreds of politicians and public officials (including three former Panamanian presidents) mentioned in […]
The search for lost rums has gotten a bit out of hand. There’s been so much attention, to the point of obsession, over finding rare bottlings of now-defunct distilleries that it’s begun to obscure the magnificent quality of the many distilleries that are actually still, well, making rum. Indeed — even a company like Velier, […]
Panama’s Copa Airlines launched a nonstop flight four times a week to Atlanta last weekend, competing directly with Delta Air Lines Inc. on the route and offering one-stop access to an array of destinations across Latin America. Copa was welcomed with a water-cannon salute at Hartsfield-Jackson Atlanta International Airport Sunday, Dec. 12, where officials marked the arrival at gate F14 with a press event where […]