Category: Financials

https://www.laestrella.com.pa/nacional/220524/panama-obtiene-alta-puntuacion-opacidad Panama is responsible for 1.4% of financial secrecy risks worldwide. This is established by the Index of Financial Secrecy (IFS, for its acronym in English), which is prepared by the Tax Justice Network, an international network for tax justice based in London, which reveals the extent to which countries can hide and launder money. 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…

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,…

https://www.prensa.com/economia/economia-cerro-el-2019-con-3-de-crecimiento/ The Panamanian economy grew 3% at the end of 2019, which meant an increase of $ 1,256.8 million, to end with a gross domestic product (GDP), in absolute terms, of $ 43,061 million. The indicator was reported the afternoon this Monday, March 2 by the National Institute of Statistics and Census (INEC) of the…