Atlantico Weekly announces its own assessment of political and economic developments in the South Atlantic democratic hemisphere: Angola, Brazil, Cape Verde, Panama, South Africa and Surinam. Watch this, it’s coming soon!
Archive for the ‘Panama’ Category
COMING SOON: The South Atlantic in 2010
In Angola, Brazil, Cape Verde, Economy, Panama, Politics, South Africa, Surinam on December 6, 2009 at 5:05 pmPanama unlocking its Canal and future
In Economy, Foreign Trade, Infrastructure, Investments, Panama, Ports on December 6, 2009 at 3:28 pmTen years ago Panama took possession of the canal that bears its name. Under Panamanian control the canal was run much better than under the Americans. Panama now has high hopes for a $5.25 billion expansion of the waterway to boost the economy ot the tiny country. Read the full report in The Economist
Panama’s financial industry
In Banking, Panama on October 30, 2009 at 8:06 pmThe country’s business and political leaders insist its financial system has become a paragon of integrity, and that Panama is being unfairly targeted by rich countries starved of revenue by the recession.
Read the full story in The Economist
Panama to sign tax treaties
In Panama on September 28, 2009 at 7:38 pmPanama will share tax information with at least 10 countries to prevent sanctions over banking secrecy laws, Finance Vice-Minister Frank De Lima said.
Read the full story at Bloomberg
Panama’s economy rises slightly
In Economy, Panama on August 30, 2009 at 12:49 pmPanama’s economic activity rose 0.31 percent in June from the same month a year ago, lifting hopes the Central American nation may return to a growth trend, the government said (Reuters).
Panama economic activity falls slightly
In Economy, Panama on June 26, 2009 at 8:45 amPanama’s economic activity fell 2.65 percent in April compared with the same month a year earlier, the government said.
Read the full report by Reuters
US-Panama trade deal postponed
In Economy, Foreign Trade, Panama, Politics on May 22, 2009 at 4:35 pmA U.S. trade accord with Panama, which is opposed by labor unions, won’t be submitted to Congress for approval until President Obama offers a new “framework” for trade, an administration official said (Bloomberg).
Panama coffee in trouble
In Agriculture, Panama on May 22, 2009 at 4:33 pmPanama’s specialty coffee growers say they harvested fewer high-priced beans this year and struggled to meet contracts with buyers because of bad weather and problems with labor and investments (Reuters).
Panama’s president-elect to push US trade deal
In Economy, Elections, Foreign Trade, Panama, Politics on May 7, 2009 at 8:09 pmFinalizing a free-trade deal with the United States is a major goal for Panamanian President-elect Ricardo Martinelli, but the supermarket tycoon rejects U.S. accusations that the country is a tax haven.
Read the full story at Reuters
Panama canal sees contract by July
In Panama, Ports on May 7, 2009 at 8:07 pmThe Panama Canal Authority expects to award the biggest contract for its $5.25 billion expansion project in June or July.
Read the full story at Reuters
Panama supermarket king defeats the left
In Elections, Panama, Politics on May 7, 2009 at 7:45 pmAFTER a string of Latin American election victories for the left, Panama has bucked the trend. Ricardo Martinelli, a wealthy businessman running as a centrist independent, trounced the candidate of the governing centre-left Democratic Revolutionary Party (PRD), winning 60% of the vote in a presidential election on May 3rd.
Read the full story in The Economist
Surinam and Cape Verde have most free press
In Angola, Brazil, Cape Verde, Media, Panama, Sao Tome and Principe, South Africa, Surinam on May 5, 2009 at 10:35 amFreedom House, a US based NGO, have published their 2009 report on international freedom of the press. Of the countries featuring in this news site, Freedom House considers Surinam (43rd place), Cape Verde, Sao Tome and Principe (both 60th) and South Africa (66th) as “free”. The organisation considers Brazil (89th) and Panama (92th) as “partly free” and Angola(132nd) as “not free”.
Read the full report and how Freedom House came to these concusions here.
Martinelli Panama’s new president
In Elections, Panama, Politics on May 4, 2009 at 9:04 amSupermarket tycoon Ricardo Martinelli swept to victory in Panama’s presidential election on Sunday, bucking a trend of left-wing leadership wins in Latin America.
Read the full story at Reuters
Bad news for Panama real estate
In Panama, Real estate on April 23, 2009 at 11:30 pmThe condo market in Panama’s capital city is in “complete meltdown” with the number of sales “slowed to zero or very close to it,” said Sam Taliaferro, a Panama developer and widely-read blogger.
Read the full story at the International Herald Tribune
Three consortia bidding for Panama Canal
In Infrastructure, Investments, Panama, Ports on April 23, 2009 at 11:28 pmThree consortia placed bids for the contract to expand the Panama Canal in March. The winning companies will be known by May.
Read the story at Reuters
Supermarket tycoon leads Panama polls
In Elections, Panama, Politics, Polls on April 10, 2009 at 8:58 amA month before Panama’s presidential election, supermarket tycoon Ricardo Martinelli maintained a comfortable lead over the ruling party contender, according to a survey released on Thursday.
Read the full story at Reuters
Panama growth at least 3 pct in 2009
In Economy, Panama, Ports on March 31, 2009 at 6:58 pmPanama’s economy will grow at least 3 percent this year and in the worst case scenario, the country could register a fiscal deficit of 1 percent of its gross domestic product in 2009, Economy Minister Hector Alexander said on Sunday.
Read the full story at Reuters
Panama offers to reopen 2015 bonds
In Banking, Panama on March 20, 2009 at 7:42 pmPanama on Wednesday offered to issue additional global bonds due 2015 <PANGLB15=RR> for general budgetary purposes. The reopened bonds, which carry a coupon of 7.25 percent, should be priced around $101.00, according to sources quoted by Reuters (Reuters)
Three groups bid for Panama Canal project
In Infrastructure, Panama on March 13, 2009 at 7:40 pmThree consortia placed bids on Tuesday for the biggest job of a planned $5.25 billion expansion of the Panama Canal, the canal authority said.
Read the full story at Reuters
Panama: Businessman Martinelli for president
In Elections, Panama, Politics on February 22, 2009 at 11:23 pmThe Ricardo Martinelli and Juan Carlos Varela ticket, now dubbed the “Alliance for Change” and supported by the Cambio Democratico, Panameñista, MOLIRENA and Union Patriotica parties, unveiled its election platform.
Read the full article in the Panama News
