How will TARIFFS affect us in Panama?

 https://edition.cnn.com/2025/02/03/politics/trump-tariffs-risk-analysis/index.html?iid=cnn_buildContentRecirc_end_recirc President Donald Trump is doing exactly what he said he’d do. He’s launching hard-power trade wars to please voters marginalized by the globalized economy. He’s acting on despair over fentanyl’s murderous toll. He’s launched a migrant crackdown amid anxiety over a porous southern border. And the president, with the help of Elon Musk, is starting to gut the government that…

Read More

DAY One of New TRUMP era, and PANAMA is on the agenda

https://edition.cnn.com/2025/01/17/politics/trump-panama-canal-threats-history-mulino/index.html Panama City, PanamaCNN —  The new Panamanian ambassador was given strict instructions as he prepared to meet then-President Donald Trump one day in 2019: Do not engage him in any substantive discussion of critical issues. This was meant to be a carefully choreographed photo op, nothing more but a brief stop on the diplomatic conveyor…

Read More

LINTON BAY comes on the heels of $144 Million earmarked for Colon tourism in 2025

OP ED: Colon has been a shithole and armpit for an entirely too long time. These outer areas of Panama have needed to be addressed for decades (espescially BOCAS del TORO ) in order to truly maximize the “tourism” of PANAMA.  Honestly, NOBODY comes to Panama to hang out in Panama City.  Sure, we have the…

Read More

CHINA remains keen on imprinting influence in Latin America. Keep an eye on these slippery F–K’s

Varela’s BFF’s!!! https://indepthnews.net/the-chinese-investment-in-latin-america-is-changing/ BUENOS AIRES, Argentina | 17 August 2024 (IDN) — In the past decade, Chinese investment into Latin America has so often been characterised by large infrastructure projects: roads, railways, dams and ports, among others, frequently backed by state finance, and in many countries arriving under the banner of the Belt and Road Initiative. But in recent years, the…

Read More

Ranking of PANAMA’s Best Retirement Locales: EX-PAT ALERT

* DESPITE the complete “skullfuckery” going on in Bocas del Toro……..PANAMA still a viable choice for seniors.   https://money.usnews.com/money/retirement/baby-boomers/articles/best-places-to-retire-in-panama Key Takeaways Panama’s low cost of living and proximity to the U.S. make it a popular option for American retirees. From city life to coastal living, Panama offers a range of locales to suit various budgets…

Read More

Commerce through Canal is LESS than projected for 2024

https://www-laestrella-com-pa.translate.goog/economia/vasquez-los-ingresos-del-canal-para-el-2024-se-encuentran-por-debajo-de-lo-presupuestado-FK8048632?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc Vásquez said that he will follow the schedule for increasing ship traffic established for this week of 34. Two months before the end of fiscal year 2024, Ricaurter Vásquez, administrator of the Panama Canal, announced on July 24 that income is below what was established in the budget, but remains confident that the economic…

Read More

Boquete becoming a part of new tourism promotion

https://www.newsroompanama.com/news/panama-tourist-destinations-such-as-boquete-and-the-chambers-of-commerce Attracting new businesses, encouraging investments and promoting tourism not only in Panama City but also in the interior of the country, is the new line of action of the Chamber of Commerce, Industries and Agriculture of Panama (Cciap), which would like to announce that it is joining forces and forming alliances with other associations…

Read More

Middle East and UAE businesses are bullish on Panama opportunities

https://www.laestrella.com.pa/economia/inversionistas-exploran-oportunidades-de-negocio-en-panama-GC8004998 The Ministry of Commerce explained to businessmen the strategic position of Panama, the competitive advantages and the benefits it offers as an ideal place for foreign investment A group of foreign investors, led by Kuwaiti businesswoman Dana Al Salem, came to Panama to learn about the competitive advantages and benefits that the country offers….

Read More

Mulino decisions already having ripple effect in global markets

https://www.mining.com/web/first-quantum-stock-jumps-on-panama-plans-for-mine-environmental-audit/ Shares of Canadian miner First Quantum Minerals jumped 6% on the Toronto Stock Exchange in early trading on Tuesday, following news that Panama would conduct an environmental audit of the Cobre Panama mine to decide whether it can safely be reopened. President Jose Raul Mulino officially took charge of the Panama government on Monday…

Read More

PANAMA economic outlook remains stable before expected administation change

https://www.laestrella.com.pa/economia/moody-s-mantiene-en-baa3-estable-su-perspectiva-para-el-centro-bancario-de-panama-DN6609324 In his opinion, the solid performance of the banks will offset the sharp drop in economic growth, the political noise prior to the presidential elections, as well as the weakening of consumer and business confidence. Moody’s Ratings maintains its outlook for Panama’s banking system at “Baa3 stable”. In his opinion, this rating reflects the…

Read More