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Montevideo, September 28th 2023 - 20:51 UTC

Tag: Juan Carlos Varela

  • Tuesday, December 4th 2018 - 21:36 UTC

    Sino-Panamanian relations off to a strong start, says Xi Jinping

    Xi Jinping finds Panama strategic in China's New Silk Road.

    Chinese President Xi Jinping Monday explained relations between his country and Panama have ”gotten off to a strong start in just a year-and-a-half” after the establishment of diplomatic ties in June 2017.

  • Tuesday, April 12th 2016 - 09:00 UTC

    Don’t Blame Panama. Tax Evasion Is a Global Problem.

    View of Panama City financial district: Panama does not deserve to be singled out on an issue that plagues many countries

    By Juan Carlos Varela (*) - The following was published by The New York Times in The Opinion Pages. DESPITE their name, the Panama Papers are not mainly about Panama. They are not even primarily concerned with Panamanian companies. The more than 11 million documents, illegally hacked and released last week relating to previously undisclosed “offshore” corporations, is roiling the world with revelations of the vulnerability for rampant abuse of legal financial structures by the wealthy.

  • Thursday, April 7th 2016 - 06:52 UTC

    Panama Papers shows shell companies prevail despite G20 announced efforts

    G20 leaders representing 80% of world economy, have vowed to crack down on the practice blamed for helping conceal money laundering, corruption and tax evasion

    The leak of 11 million documents from a Panama-based law firm offers a glimpse into the shadowy world where the rich and powerful hide their money, raising sharp questions about the use of shell companies that obscure the identities of their true owners, even if they aren’t illegal by themselves.

  • Monday, May 12th 2014 - 06:34 UTC

    Panama elected-president pledges to normalize relations with Venezuela and Colombia

    Varela has close links with Maduro, but Colombia seems a tougher challenge

    Venezuelan President Nicolas Maduro and Panamanian president-elect Juan Carlos Varela have pledged to waste no time in normalizing relations and re-launching diplomatic, economic and trade ties cut off two months ago, Venezuela's foreign ministry announced. Varela takes office next July first.

  • Monday, May 5th 2014 - 07:24 UTC

    Varela wins Panama election, defeats Martinelli's incumbent candidate

    The next president, broke away with the ruling party and campaigned against corruption and Martinelli's iron-fist style

    Panama’s Electoral Committee declared opposition candidate Juan Carlos Varela as the winner of Sunday's election and the country's next president: he captured 39% of the vote with more than 80% of ballots counted. In Panama there is no run-off and no re-election so president Ricardo Martinelli nominated his successor and completed the ticket with his wife, Marta Linares de Martinelli.