(Prensa.com) Police narcotics agents seized 639 kilograms of National pure heroin, the largest cargo found in recent decades in this country, today confirmed the first fiscal Drug Javier Caraballo. Caraballo said that the seizure occurred in the Jobe community in the Caribbean province of Colon, in an operation in which three people were arrested. In the coastal area, the … [Read more...]
Panama: More than just a canal
(Jewish Chronicle) With its skyscrapers and coastal setting, Panama City, the capital of the Republic of Panama, looks a little like Miami. But, look a little closer and you discover that Panama is still a Third World country in the throes of reinventing itself as a hot spot for tourists and a financial hub. And this is why this country, a melting pot of cultures, is an … [Read more...]
Panama’s Credit Rating Outlook Revised to Positive
(Bloomberg) Panama had its credit outlook revised to positive from stable by Standard & Poor’s Ratings Service as the economy grows faster than expected. S&P lifted Panama’s foreign currency long-term debt rating to BBB-, the lowest investment grade level, in May of last year. “The positive outlook is based on our view that stronger growth and increased … [Read more...]
Panama’s Credit Rating Outlook Revised to Positive by S&P
(Bloomberg) Panama had its credit outlook revised to positive from stable by Standard & Poor’s Ratings Service as the economy grows faster than expected. S&P lifted Panama’s foreign currency long-term debt rating to BBB-, the lowest investment grade level, in May of last year. “The positive outlook is based on our view that stronger growth and increased … [Read more...]
An earth tremor of 5.4 degrees on the Richter scale jolts south of Panama
Yesterday an earth tremor of 5.4 on the Richter scale jolted the south of Panama. At the moment there is no damage or victims reported. According to United States Geological Service, the earth tremor occurred at 10:51 a.m. local time (15:51 GMT) with an epicenter of 7.07 degrees north latitude and 82.29 degrees west longitude, at a depth of 17.6 … [Read more...]