Tag: Panama

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

  Panama Papers shows shell companies prevail despite G20 announced efforts

  

  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, March 7th 2016 - 04:34 UTC

  Panama wants to be Home Port for cruises, but companies are 'asking too much'

  

  Panama is holding tough negotiations with cruise lines hoping they will return to the country, using local facilities as Home Port, but government authorities admit that the demands from the companies are too high.

• Friday, November 6th 2015 - 08:28 UTC

  Panama dismantles drug network linking FARC with Mexican cartel

  

  Panamanian officials announced the dismantling of a drug network linking fugitive Mexican drug lord Joaquin “El Chapo” (Shorty) Guzman's Sinaloa cartel and a Revolutionary Armed Forces of Colombia, FARC, front.

• Sunday, April 12th 2015 - 07:36 UTC

  Argentina's message to UK and US: “utterly ridiculous considering any regional country a threat.”

  

  Addressing the Americas summit in Panama, Argentine president Cristina Fernandez strongly criticized United States policies towards the hemisphere, particularly Venezuela, and expressed 'surprise' at the parallelism between the Caracas/Washington current dispute and the latest round of Falklands' exchanges between London and her government. President Barack Obama was not present during the Argentine leader's speech on Saturday.

• Saturday, April 11th 2015 - 06:25 UTC

  Obama and Raul Castro shook hands at opening of the Americas summit in Panama

  

  US President Barack Obama and Cuba's Raul Castro on Friday shook hands and sat near each other at the historic Panama Summit of the Americas, a new milestone in efforts to shed decades of animosity. Obama and Castro greeted each other as UN chief Ban Ki-moon looked on, before taking their seats with other regional leaders at a Panama City convention center.

• Saturday, April 11th 2015 - 05:45 UTC

  'Malvinas', center piece of Cristina Fernandez speech at Panama summit

  

  Argentine President Cristina Fernandez is attending the VII Summit of the Americas in Panama City where she is expected on Saturday to strongly criticize the United Kingdom over the 'militarization' of the Falklands/Malvinas and revelations of massive espionage of Argentina by London.

• Saturday, January 3rd 2015 - 06:07 UTC

  Panama Canal planning major transshipment port on the Pacific entrance

  

  The Panama Canal Board of Directors this week formally approved the development and construction of a transshipment port in Panama’s Corozal region. Upon completion, the port will have the capacity to handle more than five million TEUs within a 120-hectare area at the Canal’s entrance to the Pacific. The project is now awaiting the final step for approval from Panama’s National Assembly.

• Monday, May 12th 2014 - 06:34 UTC

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

  

  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

  

  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.

• Thursday, May 1st 2014 - 07:43 UTC

  OAS electoral observers arrive in Panama ahead of Sunday's ballot

  

  The OAS Electoral Observation Mission has arrived in Panama, led by former Peruvian Congresswoman and presidential candidate Lourdes Flores Nano, for the final deployment of the 56 international experts and observers ahead of Sunday's general elections.