https://www.laestrella.com.pa/economia/220519/guerra-ucrania-frena-recuperacion-economica The war in Ukraine is slowing down the fragile economic recovery that the world had begun after the covid-19 crisis, the UN said on Wednesday, lowering its global growth forecast for this year from 4% to 3.1% and warned that the deterioration may end up being even greater. The United Nations expects the…
There has not been much that I have agreed with under the leadership of Cortizo. Yet I find it refreshing he is taking a measured and intelligent approach in these uneasy economic times to gather more information on this “made up” money of Cryptocurrency. https://www.laestrella.com.pa/economia/220519/cortizo-negara-firmar-proyecto-ley-regula-criptomoneda During his participation in the Bloomberg New Economy Gateway Latin…
https://www.laestrella.com.pa/economia/220315/220316-productos-panama-mas-importa-ucrania-verse-afectados-guerra Although in the trade balance the volume of trade between Ukraine and Panama is not as high compared to other countries in the world, there are certain productive sectors that could be affected by the Russian invasion and by the increase in fuel costs that is being generated in the wake of the war….
I just saw a very riveting documentary on NETFLIX entitled “Trust No One- The Hunt for the Crypto King” https://www.netflix.com/pa-en/title/81349029 I have ALWAYS been of the opinion that “Crypto” is nothing more than some dystopian millenial created bullshit!! In like “Hey, we can’t go out and make REAL money, so why not create a currency of…
While the government is preparing for a face-to-face meeting with the Gafi in May and September, the World Compliance Association, a chapter in Panama, says that the first problem that Panama has to tackle is ‘to see the real problems as a country when it comes to to comply with the laws. https://www.laestrella.com.pa/nacional/220318/listas-grises-negras-debe Until now,…
https://elsiglo-com-pa.translate.goog/panama/precio-gasolina-diesel-aumentan-desde-este-viernes/24195767?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc&_x_tr_sch=http The price of gasoline and diesel suffer another increase. This Friday, at 6:00 am the new maximum prices come into effect Increase. The price of gasoline and diesel suffer another increase. This Friday, at 6:00 am The new maximum sale prices of liquid fuel in Panama begin to take effect. In the provinces of Panama and Colón, a liter…
https://elsiglo-com-pa.translate.goog/economia/200-millones-genero-turismo-interno-durante-dias-asueto-carnavales/24195549?_x_tr_sl=es&_x_tr_tl=en&_x_tr_hl=en&_x_tr_pto=sc&_x_tr_sch=http The average cost per person between food, transportation and recreational activities is around 200 balboas An economic impact of approximately 234 million balboas in internal tourism was generated during the holidays due to the celebration of the Carnival party, according to the Statistics Department of the Panama Tourism Authority (ATP). According to official reports,…
https://www.laestrella.com.pa/economia/220221/panama-mantiene-proyecciones-estables-2022 Despite the shocks caused by Covid-19, the Panamanian economy remains afloat and the figures remain stable with an upward projection at the end of 2022. This means that there will be a recovery of important items in the economy, according to Torino Economics, the subsidiary of Torino Capital Group Company, a well-known investment bank…
A visible retrospective of Panamanian growth over the years. https://www.laestrella.com.pa/nacional/220219/transformacion-frente-costero-ciudad-panama The vertiginous process of transformation of the sea front of Panama City has been characterized by legal controversies, regarding the legality or not of transferring as private property, the filling of areas such as the seabed, mangroves and beaches. View of the Amador Causeway…
For the Ex-Pats that are financially dependent on their 401Ks and Retirement accounts, the foreseeable future will be a test of patience and resolve. The tensions on the border of the Ukraine in lockstep with the anticipation of a March Interest rate hike have the markets struggling to adjust. Every person has a different situation,…
