Latest Panama News

'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...

Banco Latinoamericano: Q4 Earnings Snapshot

Feb. 22, 2024 19:10 PM EST

PANAMA CITY (AP) — PANAMA CITY (AP) — Banco Latinoamericano de Comercio Exterior SA (BLX) on Thursday reported fourth-quarter earnings of $46.4 million. The bank, based in Panama City, said it had earnings of $1.27 per share. The bank created in South and Central...

Panama's judiciary orders arrest of ex-president holed up in Nicaragua's embassy

Feb. 22, 2024 18:52 PM EST

PANAMA CITY (AP) — Panamanian authorities on Thursday ordered the arrest of former President Ricardo Martinelli, who has been holed up in the Nicaraguan Embassy since receiving political asylum from that country earlier this month. A judge approved a requested change of...

Uncertainty surrounding former president Ricardo Martinelli roils Panama's presidential race

Feb. 09, 2024 22:47 PM EST

PANAMA CITY (AP) — Not a 10-year prison sentence for money laundering nor going into political asylum in Nicaragua’s embassy have weakened the political aspirations of Panama’s former President Ricardo Martinelli who still seeks to retake the presidency. Just last week a judge...