Varela letter from TRUMP….what are the consequences?

Hotels

The confusion that this letter has caused is a big part of the problem

According to Univisión, Trump Panama Hotel Management LLC, which managed an apartment tower and a hotel in Panama, sent a letter last month to President Juan Carlos Varela warning that if the problems created by a decision were solved of a Panamanian judge will be the government who will pay for the broken plates.

According to former US ambassador in Panama John Feeley, the letter sent by the lawyers could have negative consequences for the government by constituting a “conflict of interest” for Trump and puts President Varela in an uncomfortable dilemma of bilateral relations.

Feeley answered a questionnaire to the television station. These are part of the questions:

How do you interpret this letter?

I unfortunately see it as a clear conflict of interest. I’m not saying that President Trump knew about the letter, but since the president did not make a trust with the Trump Organization and his relationship as the head of the Trump Organization when he began his presidency, we have a very difficult situation. Now he is still in control of the Trump Organization, but he does not handle everyday activities but his children do.

How can this issue affect the relationship between Varela and Trump?

I imagine he is going to be thinking, “My God, I hope he does not raise that theme of the hotel.” Juan Carlos Varela and the Government of Panama are very good friends with the United States. Very good friends, and now we for this conflict of interest in terms of the commercial and personal interests of President Trump, we have a conflict and a problem.

 

READ MORE:http://elsiglo.com.pa/panama/john-feeley-carta-enviada-varela-podria-tener-consecuencias/24058115

No Comments

Leave a Reply

Your email address will not be published.

Politics
Martinelli and Zulay team up to focus on San Miguelito before primaries.

https://www.laestrella.com.pa/nacional/politica/230928/martinelli-confirma-postulacion-zulay-rodriguez-alcaldia-san-miguelito-rm-alianza The presidential candidate for the Realizing Goals (RM) party, Ricardo Martinelli, announced that both his party and the Alianza party will nominate the representative of the Democratic Revolutionary Party (PRD), Zulay Rodríguez, for mayor of San Miguelito. Rodríguez’s nomination for this position will also be made by the Alianza …

Politics
“All In The Family” Panama style. Martinelli-Linares propsed for VP of RM party.

https://www.laestrella.com.pa/nacional/230926/tendra-primera-palabra-impugnan The Electoral Tribunal (TE) will have the first word in whether or not it accepts the candidacy of Marta Linares de Martinelli for the vice presidency of the Republic on the presidential list of the Realizing Goals (RM) party, headed by her husband Ricardo Martinelli. The TE itself must …

Economy
Great exposure for Panama in FORBES.

https://www.forbes.com/sites/petertaylor/2023/09/11/foreign-buyers-are-finally-cooling-on-americas-overheated-housing-market-thats-great-news-for-panam/?sh=148753d7362e The American residential real estate market rarely rocks headlines—despite economically accounting for the largest single share of U.S. gross domestic product (+/- 17%). The Great Recession pushed real estate front and center in the media for a while as the banks collapsed back in 2008. Covid subsequently upended where …