Tag: Panama

Saturday, December 7th 2024 - 10:48 UTC
Panama becomes Mercosur associate State

Panamian President José Raúl Mulino Friday signed his country's accession to the Southern Common Market as an associate State during the bloc's 65th Leaders Summit in Montevideo, on the sidelines of which the finalization of the Free Trade Agreement (FTA) with the European Union (EU) was also announced.
Thursday, December 5th 2024 - 06:05 UTC
Shipping sectors benefit from the Red Sea blockade, boosting demand for ships and higher fares

But the Red Sea shipping scenario with the Houthis attacks, and to a smaller extent, the drought in Panama – have had as can be expected in such situations, some sectors that can benefit. That is why most shipping sectors have experienced the strongest growth in ton-miles registered this year since 2010, helping prop up rates to highly profitable levels
Saturday, October 12th 2024 - 10:11 UTC
Panama adopts Bukele-style approach to gang violence

The Panamian Government of President Raul Mulino announced this week that it would adopt an approach against gang crime similar to that of Nayib Bukele's El Salvador.
Monday, July 29th 2024 - 23:55 UTC
Venezuela expels ambassadors from Chile, Uruguay, and other countries following election controversy

The regime of Venezuelan President Nicolás Maduro has expelled ambassadors from Argentina, Chile, Costa Rica, Peru, Panama, the Dominican Republic, and Uruguay. This move follows widespread international condemnation of the recent presidential election results, which declared Maduro the victor amidst allegations of significant irregularities.
Wednesday, July 10th 2024 - 20:24 UTC
Barbed Wire in the Darien Jungle and Mass Repatriation: How the U.S. and Panama curb migration

The United States and Panama have signed an agreement aimed at curbing the flow of migrants through the perilous Darien jungle. This agreement, part of broader efforts by President Joe Biden's administration, comes as a response to the surge in migration at the southern border, a key issue in the lead-up to the U.S. presidential elections in November.
Wednesday, July 10th 2024 - 10:55 UTC
Panama's President favors joining Mercosur

Argentine President Javier Milei's absence indeed highlighted the Southern Common Market's (Mercosur) Summit in Asunción. But only one week after his inauguration, attending the gathering was Panama's José Mulino, as his country is now eyeing its possible accession to Mercosur.
Thursday, June 27th 2024 - 22:00 UTC
Panama Canal easing crossing conditions beginning July 11

The Panama Canal Authority (ACP) has announced an increase in draft and daily transits, with the authorized draft raised by another 30 cm on Wednesday to 14.3 m, and will increase to 14.63 m on July 11.
Wednesday, May 1st 2024 - 14:30 UTC
Panama Canal Authority to explore desalinization plant's potential

The Panama Canal Authority (ACP) announced Tuesday that a pilot plan to test the viability of implementing a desalination process was to be carried out in a move to keep the century-old structure fully operational while maintaining the quality of water for human consumption.
Wednesday, December 13th 2023 - 10:26 UTC
Panama Canal drought hitting world trade

Global trade through the Panama Canal is being severely disrupted by a drought affecting the man-made corridor, which could force shippers to choose other, more costly routes, it was reported. The historic waterway in Central America connecting the Pacific and Atlantic Oceans handles about 5% of international seaborne trade.
Monday, October 2nd 2023 - 08:08 UTC
Migration unprecedented emergency: thousands march through Central America heading for United States

The International Organization for Migration (IOM) is appealing for governments in Central America and Mexico to collaborate to address the immediate humanitarian needs of people on the move as unprecedented numbers of vulnerable migrants transit through the region, while also working on long-term solutions to tackle the drivers of migration.