(Fox Latino) his is no joke. That was the message from a Chinese businessman on Tuesday who is behind plans to build a $40 billion waterway cutting across Nicaragua that would rival the Panama Canal. It's an ambitious project that is backed by experienced consultants, despite skepticism, he reassured the press. "We don't want it to become an international joke, and we … [Read more...]
What Vaccinations Do You Need Before Traveling To Panama?
(Live and Invest Overseas) Yellow fever, hepatitis, typhoid, and rabies vaccinations are suggested for travelers to Panama, but not all are required. Antimalarial tablets are recommended also but not ever required. As the date for departure to Panama approached, I didn't know who to believe. My doctors in Ireland were telling me one thing, my friends in Panama … [Read more...]
Panama Canal Construction Fuels 7% Growth in Panama’s First Quarter
(Bloomberg) Panama’s economy expanded 7 percent in the first quarter from a year earlier, the slowest pace in about three years, as construction projects and expansion of the Panama Canal drive growth. Economic growth slowed from 10 percent in the last three months of 2012, the national statistics institute said today in a statement. The Central American nation is forecast … [Read more...]
Panama, Chile Agree To Expand Trade Ties
(Bernama) Panamanian President Ricardo Martinelli and his Chilean counterpart Sebastian Pinera held talks here Wednesday over a free trade agreement (FTA), a pact which is crucial to Panama's entrance to the Pacific Alliance. During the meeting at the presidential palace, the two leaders agreed to promote bilateral investment, initiate a student exchange programme and reduce … [Read more...]
Nicaragua gives Chinese firm contract to build alternative to Panama Canal
(The Guardian) Nicaragua has awarded a Chinese company a 100-year concession to build an alternative to the Panama Canal, in a step that looks set to have profound geopolitical ramifications. The president of the country's national assembly, Rene Nuñez, announced the $40bn (£26bn) project, which will reinforce Beijing's growing influence on global trade and weaken US … [Read more...]