Latest Panama News

A trial is underway for the Panama Papers, a case that changed the country's financial rules

Apr. 19, 2024 00:20 AM EDT

PANAMA CITY (AP) — Eight years after 11 million leaked secret financial documents revealed how some of the world’s richest people hide their wealth, more than two dozen defendants are on trial in Panama for their alleged roles. The repercussions of the leaks were far-ranging,...

Banco Latinoamericano: Q1 Earnings Snapshot

Apr. 18, 2024 19:52 PM EDT

PANAMA CITY (AP) — PANAMA CITY (AP) — Banco Latinoamericano de Comercio Exterior SA (BLX) on Thursday reported first-quarter earnings of $51.3 million. The Panama City-based bank said it had earnings of $1.40 per share. Banco Latinoamericano shares have risen 19%...

Panama's presidential frontrunner skips third and final debate ahead of May 5 election

Apr. 18, 2024 00:31 AM EDT

PANAMA CITY (AP) — Six of the eight candidates vying to be Panama’s next president laid out their plans to generate jobs and to manage the country’s water crisis in their final debate Wednesday night before the country’s May 5 election. Former government minister José Raúl...

'Panama Papers' trial starts. 27 people charged in the worldwide money laundering case

Apr. 08, 2024 19:17 PM EDT

PANAMA CITY (AP) — The trial of 27 people charged in connection with the worldwide “Panama Papers” money laundering started Monday in a Panamanian criminal court. Those on trial include the owners of the Mossack-Fonseca law firm that was at the heart of the 2016 massive...

Panama and Colombia fail to protect migrants on Darien jungle route, Human Rights Watch says

Apr. 03, 2024 01:22 AM EDT

BOGOTA, Colombia (AP) — Colombia and Panama are failing to protect hundreds of thousands of migrants who cross the Darien jungle on their way to the U.S. and have become increasingly vulnerable to robberies and sexual violence, Human Rights Watch said in a report published on Wednesday. ...

Panama demands Nicaragua rein in former President Ricardo Martinelli

Mar. 18, 2024 19:58 PM EDT

PANAMA CITY (AP) — Panama on Monday accused Nicaragua of meddling in its internal affairs by allowing former Panamanian President Ricardo Martinelli to continue taking swipes at the justice system and promoting his political allies from within the walls of the Nicaraguan embassy. ...

Boxing great Roberto Durán receives pacemaker after heart issues

Mar. 18, 2024 18:11 PM EDT

PANAMA CITY, Panama (AP) — Boxing great Roberto Durán received a pacemaker on Monday after he was hospitalized on the weekend, his family said. “The Durán family is pleased to inform that thanks to God the surgery in our champion, a pacemaker implant, was totally successful,”...

Panamanian electoral court bars former president Martinelli's candidacy in May elections

Mar. 05, 2024 00:15 AM EST

PANAMA CITY, Panama (AP) — Panama’s Electoral Tribunal has disqualified former president Ricardo Martinelli’s candidacy in the country’s May 5 presidential election because of a 10-year prison sentence for money laundering he received last year, the tribunal’s presiding magistrate said...

Transit of migrants through the Darien Gap resumes as Colombian boat companies end work stoppage

Mar. 04, 2024 18:37 PM EST

BOGOTÁ, Colombia (AP) — Migrants bound for the U.S. are once again crossing the Darien Gap in large numbers, officials in Colombia said on Monday, after being stranded for much of last week in a small town along the country's Caribbean coast due to a work stoppage by local boat captains. ...

Migrant brawl at reception center in Panama's Darien region destroys shelter

Mar. 02, 2024 11:34 AM EST

PANAMA CITY (AP) — A disturbance among migrants and eventually with Panamanian border police resulted in the destruction of various vehicles and at least 10 modules of a migrant camp in the country’s Darien region, authorities said Saturday. At least 44 migrants were arrested in...