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Juan Carlos Varela Panama’s next President

Juan Carlos Varela Panama’s next President

TODAY PANAMA – JUAN CARLOS VARELA leader of the Panameñista Party, who trailed in third place in the polls throughout the election campaign, and was the target of many personal attacks, and smears, was elected as the next president of Panama on Sunday May 4. President Ricardo Martinelli whose wife Marta  was the running mate […]

Panama: 4 alleged money launderers arrested

Panama: 4 alleged money launderers arrested

TODAY PANAMA – Panamanian police are investigating whether four suspects arrested in connection with the seizure of US$167,170 are connected to an organized crime group, officials said on May 1. The suspects – three men and a woman – were arrested on suspicion of money laundering in the sector of Las Cumbres in the nation’s […]

Panama Murder Rate Declining

Panama Murder Rate Declining

(TODAY PANAMA) Panama has seen a 19 percent drop in murders over the last five years despite its critical role in the international drug trade and a growing number of street gangs. Murders in the country fell from 818 in 2009 to 665 in 2013, according to figures released by the government. Over 90 percent […]

Martinelli Runs Panama As A Businessman

Martinelli Runs Panama As A Businessman

(TODAY PANAMA) President Ricardo Martinelli confessed today before 600 CEOs of international companies in a business event packed by millionaires that his country’s success can be attributed to his managing it as a businessman. Martinelli opened the 9th World Economic Forum on Latin America, and he admitted to have made efforts for five years for […]

6.3 Panama Quake Felt in Costa Rica

6.3 Panama Quake Felt in Costa Rica

It was 10:16am (local time) when a 6.3 magnitude earthquake hit an area of Panama, some 109 kilometres southeast of Costa Rica’s Laurel del Corredores. The quake had a depth of 15 kms. According to the the social media (Twitter, Facebook, etc) reports the quake was felt in many parts of Costa Rica, including areas […]

100,000 Panamanian Construction Workers Could Go On Strike

100,000 Panamanian Construction Workers Could Go On Strike

TODAY PANAMA  On April 1, 100,000 construction workers could go on strike if the Construction Chamber and the Labor Ministry keep refusing to solve their demands on the signing of a collective agreement. In a TV interview the secretary general of the Union of Construction Workers and Similar, Saul Mendez, said every member of that […]

XXXII Expocomer Panama Opens Today

XXXII Expocomer Panama Opens  Today

(TODAY PANAMA) The XXXII Expocomer Panama opens on Wednesday with 500 exhibitors from 30 countries and the confirmation of dozens of buyers from other 15 nations, announced today Raúl Delvalle, chairman of the Organizing Committee. Like every year, Expocomer venue is Atlapa Convention Centre, which is already small for this kind of event, reason why […]

Panama’s Electoral Court Makes Recognition to Ex President Carter

Panama’s Electoral Court Makes Recognition to Ex President Carter

(TODAY PANAMA) Panama’s Electoral Court (EC) rewarded the support it received from former US President James Carter when recognizing various events, chiefly the signing of the treaties with Omar Torrijos which returned the canal to Panama. In a letter circulated this week the president of the Electoral Court, Erasmo Pinilla, said that the EC has […]

Panama Indigenous Shine Light on Deforestation Caused by Illegal Activity

Panama Indigenous Shine Light on Deforestation Caused by Illegal Activity

(TODAY PANAMA) A documentary by indigenous communities in Panama has cast light on the catastrophic effect of illegal logging and ranching on the country’s rainforest, in another example of the impact of criminal activity on rural communities and the environment. The Wounaan indigenous people — who live in the Darien Gap jungle region that sits […]

Panama Tests Subway, First in Central America

Panama Tests Subway, First in Central America

(TODAY PANAMA) Panama’s new Metro subway, the first in Central America that is expected to be used by some 1.5 million people. The tour, organized by the Panama Metro Secretariat, started with an explanation to the users on how to use the system, payment methods and how to deal with the approach of trains. Then […]

Panama Canal Consortium Accepts PCA Conceptual Accord

Panama Canal Consortium Accepts PCA Conceptual Accord

(TODAY PANAMA) The United Group for the Canal (GUPC), a four-company consortium responsible for the construction of the third set of locks, accepted a final conceptual agreement about financing and end the project in December 2015. Such agreement includes a chronogram for the delivery of 12 missing gates, and a co-financing involving an injection of […]

[Photos] View of abandoned expansion project of Panama Canal

[Photos] View of abandoned expansion project of Panama Canal

TODAY PANAMA – Photos taken on Feb. 20, 2014 shows the view of the abandoned expansion project of the Panama Canal, in the province of Colon, about 80km north of Panama City, Panama. The Panama Canal Authority (ACP) announced Wednesday that the consortium led by the contractor Grupo Unidos por el Canal (GUPC) resumed the […]

Panama protects tourists with new aeronaval base

Panama protects tourists with new aeronaval base

The National Aeronaval Service Station in Coclé, in the central region of the country, will complement the public safety work carried out by the National Police on land. Providing security to increase tourism in Panama is one of the government’s main goals, which is why officials approved last September the construction of a new aeronaval […]

Panama Canal Expansion Works Suspended

Panama Canal Expansion Works Suspended

The United Group for the Canal (GUPC) has suspended expansion works due to a breakdown of the dialogue regarding a $1.6 billion USD claim. The administrator of the Panama Canal Authority (PCA), Jorge Quijano, said in a news conference today that resolving the crisis has not been possible, because the GUPC has had an inflexible […]

Panama to use transgenic mosquitoes in anti-dengue fight

Panama to use transgenic mosquitoes in anti-dengue fight

TODAY PANAMA – Panama will try to control a dengue outbreak that has claimed six lives this year by releasing transgenic mosquitoes to render infertile female transmitters of the disease, officials said. Health Ministry director Carlos Gálvez said the technique has “shown promise” in Brazil and the Cayman Islands. In Panama, the technique is being […]

$7 Mn Cash Seizure Highlights Panama’s Role as Money Laundering Hub

(QPANAMA) The seizure of nearly $7.2 million in cash from three Hondurans by Panamanian authorities highlights both Panama’s role as a regional money laundering hub and Honduras’ growing involvement in the transnational drug trade. The money, which came in bills of $100 and $20, was found in eight suitcases that the Hondurans attempted to take […]

Italian Company Demand Exacerbates Crisis at Panama Canal

Italian Company Demand Exacerbates Crisis at Panama Canal

Salini Impregilo, a company belonging to the United Panama Canal Group (GUPC) consortium that is building the third group of locks in the inter-oceanic canal, has further complicated the crisis by asking for an advance of one billion USD, a demand that was immediately rejected by Panama. The chief executive of the Italian Impregilo company, […]

Spain Mediates in Panama Canal Conflict

Spain Mediates in Panama Canal Conflict

(QPANAMA) Ana Pastor, Minister of Public Works of Spain, mediates to find a solution to the dispute between Sacyr company and authorities of Panama Canal that jeopardizes extension works of that waterway. Sacyr company, which leads the construction of a third group of locks in the canal, keeps its request of $1.2 billion USD above […]

Panama Canal Celebrates 14 Years in the Hands of its Legal Owners

Panama Canal Celebrates 14 Years in the Hands of its Legal Owners

(QPANAMA) The Panama Canal celebrated on December 31,  14 years of national administration, after the concretion in 1999 of a historic agreement signed in 1977 between James Carter and Omar Torrijos which gave back to the country the sovereignty of the interoceanic via and its surrounding areas. Since then, workers at the canal have been […]

Panama Canal builders threaten halt to expansion

Panama Canal builders threaten halt to expansion

(QPANAMA) Panama’s President Richard Martinelli has threatened to go to Europe to demand a consortium fulfill its contract to expand the canal, which handles 5% of world trade. The cost of the expansion has overrun by US$1.6 billion dollars and the Spanish-led consortium has threatened to halt work unless the money is paid. The president […]

Panama Continues Fighting Dengue

Panama Continues Fighting Dengue

(QPANAMA) he government of Panama continues the battle against dengue whose hemorrhagic variant caused two deaths this month, while Health Minister, Javier Díaz, requested today an extraordinary credit of two million dollars. Diaz announced a contingency plan against dengue and a current health alert until next January 31, 2014 to try to end the Aedes […]

Panamanians of African Descent Face Discrimination, UNDP Says

Panamanians of African Descent Face Discrimination, UNDP Says

(QPANAMA) People of African descent, who represent over nine percent of the population without counting persons of mixed race, are targets of discrimination at all levels in Panama, the United Nations Development Program said Wednesday. An UNDP study sent to the media underlined that in Panama discrimination represents the top obstacle for people of African […]

Panamanian Public Debt To Exceed US$17 Billion

Panamanian Public Debt To Exceed US$17 Billion

(QPANAMA) Panama’s public debt will exceed $17 billion USD by the end of President Ricardo Martinelli’s term of office, said Frank De Lima, Minister of Economy and Finance, who assured that the debt will be covered by the Savings Fund. Those estimates do not include entities that are not part of the non-financial public sector, […]

Panama Drug Seizures Up As Drug Routes Shift

Panama Drug Seizures Up As Drug Routes Shift

(QPANAMA) Panama has registered a significant increase in drug seizures this year compared to 2012, underling the country’s growing importance to drug traffickers as the region’s cocaine routes continue to shift. So far this year, Panamanian authorities have seized over 40 tons of drugs — the majority cocaine — compared to 35 tons last year, […]

Alliance Awareness Increases in Panama to Defeat Martinelli

Alliance Awareness Increases in Panama to Defeat Martinelli

(Prensa Latina) The criterion that a national salvation alliance among the opposition sectors in Panama should be created to face the multimillionaire electoral campaign by Ricardo Martinelli in favor of its presidential candidate Jose Domingo Arias, continues gaining strength. The issue was given a fresh impetus in recent hours by candidate and leader of the […]

After 100 years, Panama Canal Still Inspires Wonder

After 100 years, Panama Canal Still Inspires Wonder

  The enduring ability to inspire wonder and awe, and to weather the rigors of time, Mother Nature and human politics – these are the qualities that elevate an engineering feat to landmark status. These attributes have drawn millions to the Great Pyramids of Giza, the Great Wall of China and the Eiffel Tower over […]

Panama Celebrates Independence

Panama Celebrates Independence

International News from QPanama – On Sunday Nvember 3 and Monday November 4, parades across the Panamanian Isthmus will mark the 110th anniversary of Panama as an independent republic. The principal routes in Panama City will be Via Espana and Calle 50, with thousands of marchers and bands from schools, and institutions, including Bomberos and […]

Facts about the Panama Canal Expansion

Facts about the Panama Canal Expansion

(Mercatrade) The expansion of the Panama Canal is being hailed as a colossal undertaking to help improve the already highly profitable venture. With new engineering tools, techniques and methods in use, the expansion of the “big ditch” is set to be finished in 2015 – a stunningly fast turnaround in comparison to the previous effort […]

Panama Doctors Remain on Strike

Panama Doctors Remain on Strike

QPanama News – The indefinite public health strike, today in its ninth day, will remain in place until the Panamanian government repeals a law regarding the hiring of foreign doctors, the National Negotiating Medical Commission (Comenenal) confirmed today. The announcement was made before the media by Fernando Castañeda, leader of Comenenal, and he added that […]

In Panama, the Money Always Stays Clean

In Panama, the Money Always Stays Clean

Panama is the financial and commercial center of Central America, but also, historically, it is where drug traffickers launder money. Real estate, businesses and even greeting cards are used by the traffickers to confuse authorities. How do they manage to get away with it? The story sounds like a gangster film. QPanama – A half […]

Panamanian Teachers to Protest against Reprisals for Strikes

The Panamanian teachers’ conflict continues despite the repeal of a decree, described as privatizing by teachers, whose leaders endorsed the strike and announced that on Friday they will hold a march through the centric 50 Street. Today at 2:00 p.m. groups from the nine teachers unions who are striking for 16 days, will march to […]

Corruption Prevents Panama From Being Regional Financial Centre

Corruption Prevents Panama From Being Regional Financial Centre

The existing corruption and the lack of judicial safety in Panama’s financial sector are the main reasons that prevent Panama from consolidating as a regional financial center, according to the Association of Business Executives (APEDA). Regarding the institution, some sectors of the market note that Panama has have not enough willingness to become a financial […]

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