The purchase of two ports near the Panama Canal by the consortium composed of the American Assets Manager Blackrock and Terminal Investment Limited (Til), the port arm of the Giant Mediterranean Shipping Company (MSC), opens scenarios not exempt from complexity in the Central American country, which has been the target of an attack campaign and […]
Tag: Panama
Trump “again lies” on Canal de Panama, says President Mulino
Panamanian President, José Raúl Mulinosaid Wednesday that the US president, Donald Trump“Again lies“On the Panama Canal, because the road is not”In recovery process”On the part of Washington. “Again President Trump lies. He Panama Canal is not in the process of recovery”And this issue has not been addressed in bilateral conversations, he said Mulino on Network […]
These are the Latin American countries where the dollar is used as an official currency: one of them shares border with Peru
In Latin Americasome countries have chosen to adopt the US dollar as its official currency in a process known as “dollarization.” This measure, according to the Central Reserve Bank of Peru (BCRP), is the partial replacement of the local currency with the dollar in its basic functions such as savings, means of payments and account […]
China laments Panama withdrawal from the silk route and attacks against the US.
China regretted Friday the decision of Panama to cancel his participation in the Silk Route, and charged against the “Cold War Mentality”From the United States in Latin America. After the pressures exercised by President Donald Trump and his Secretary of State Frame China throughout the last decade. “Beijing laments Panama’s decision“, said Lin Jianspokesman for […]
US
The government of USA on Wednesday that Panama decided to exempt his payment ships to travel through the Panama Canalwhich will allow them to save “millions of dollars annually.” The announcement occurs after the visit of the US Secretary of State, Marco Rubio, to the Central American country, amid the president’s pressures Donald Trump for […]
Rubio demands Mulino “immediate changes” to the Chinese presence in the Panama Canal
The Secretary of State of the United States, Marco Rubiohe demanded that the Panamanian president, José Raúl Mulino, during the meeting they held this Sunday, “immediate changes” to counteract the alleged Chinese influence on the Panama Canal. “The Rubio Secretary made it clear that this ‘status quo’ is unacceptable and that, in the absence of […]
Darien, the hell that migrant mothers camouflage as an adventure for their children
Olef and Zeus, two restless one-and-a-half-year-old twins, believe they are going to “go on a safari to see animals” This is what their mother told them on the bus ride from Venezuela for “camouflage“The real reason: to cross the dangerous jungle of Darien to get to Panama a scale towards USA. With a kangaroo to […]
Panama’s new president sets conditions for resuming large copper mine project
The new president of PanamaJosé Raúl Mulino, said Monday that his plan to temporarily reopen a large Canadian-owned copper mine, closed last year amid a legal and social controversy, will depend on the outcome of an environmental study on its status. Mulino has said that one of the options to deal with the mine is […]
Panama and the US will sign an agreement to repatriate migrants who cross the jungle
The elected president of PanamaJosé Raúl Mulino, who takes power on Monday, announced this Friday that he will sign an agreement with USA to jointly repatriate the migrants that cross the inhospitable jungle of Darien. The document, according to Mulino, will be signed on Monday during a meeting with the Secretary of Homeland Security of […]
Panama Canal avoids shipping crisis with water plan… and luck
The Panama Canal has managed to avoid a crisis of the Marine transport that threatened to jeopardize US$270 billion a year in global trade. She got it thanks to careful water management…and a little luck. Last year, when the Central American country was hit by a severe drought, the Panama Canal Authority reduced the number […]