Tag: Panama

Wednesday, August 31st 2011 - 19:45 UTC
Panama has an estimated 900 million barrels of oil in two basins, confirm surveys

Some 900 million barrels of oil have been detected at two basins in eastern Panama, representing a potential contribution to the country’s coffers of 15 billion dollars over 20 years, the National Energy Secretariat announced.
Thursday, July 7th 2011 - 09:54 UTC
Trump opens 70-story luxury hotel in Panama, the tallest building in Latin America

Untied States billionaire Donald Trump marked his entry into Latin American real estate Wednesday with the opening in the capital of Panama of his 70-story luxury resort, the tallest building in Latin America.
Friday, May 13th 2011 - 01:01 UTC
US trade deals with Colombia, Panama and Korea could be approved ‘by August’

The United States free trade deals with Colombia, Panama and South Korea will pass through Congress by August if Republicans renew funding for the retraining of displaced workers, the chief U.S. trade official said Thursday.
Monday, February 14th 2011 - 14:48 UTC
Rail alternative to the Panama Canal proposed by China to Colombia

A rail alternative to the Panama Canal built by China is being considered by Colombia in a move that would boost trade between Asia and South America. The 220 kilometers 'dry canal' would link Colombia’s Atlantic and Pacific coasts by rail, according to Juan Manuel Santos, the president of Colombia.
Thursday, December 9th 2010 - 07:18 UTC
Heavy rains force temporary suspension of traffic in the Panama Canal

Heavy rains have forced the temporary suspension of traffic along the Panama Canal, the major shipping waterway connecting the Atlantic and Pacific oceans which handles 5% of global trade.
Tuesday, September 28th 2010 - 21:35 UTC
Chinese freighter ‘Fortune Plum’ the millionth vessel to cross the Panama Canal

A Chinese freighter has become the millionth vessel to cross the Panama Canal three years ahead of the waterway's 100th anniversary, the Canal authority said Monday. The vessel actually crossed the canal September 4 with a load of 40.000 tons of steel products from the Pacific to the Atlantic but the authority announced the news only Monday.
Saturday, June 26th 2010 - 07:41 UTC
Investing in Panama: An exclusive Report from Alternative Latin Investor

Alternative Latin Investor (ALI), the first and only online news source to provide information on alternative investments in Latin America, has just released an in-depth report on the Panamanian investment environment.
Tuesday, April 27th 2010 - 02:47 UTC
US Extradites Former Panamanian Leader Noriega and CIA Recruit to France

The former Panamanian leader, Manuel Noriega, has been extradited to France by the United States after spending more than 20 years in a prison there.
Friday, April 23rd 2010 - 03:25 UTC
Panamanian president announces oil has been found in the Darien area

Panamanian president Ricardo Martinelli announced Thursday there was oil in the Darien jungle and he planned to expand the mining industry in Panama while protecting the environment.