Latest Panama News

Panama Supreme Court rejects challenge to candidacy of presidential frontrunner days before vote

May. 03, 2024 07:04 AM EDT

PANAMA CITY (AP) — Panama’s Supreme Court rejected a constitutional challenge to the candidacy of leading presidential contender José Raúl Mulino on Friday, removing an element of uncertainty two days before the May 5 vote. The court was ruling on a challenge from lawyer...

Panama Supreme Court rejects challenge to candidacy of presidential frontrunner days before vote

May. 03, 2024 06:34 AM EDT
PANAMA CITY, Panama (AP) — Panama Supreme Court rejects challenge to candidacy of presidential frontrunner days before vote.

Study says El Nino, not climate change, was key driver of low rainfall that snarled Panama Canal

May. 01, 2024 01:17 AM EDT

WASHINGTON (AP) — The climate phenomenon known as El Nino — and not climate change — was a key driver in low rainfall that disrupted shipping at the Panama Canal last year, scientists said Wednesday. A team of international scientists found that El Nino — a natural warming...

Panama's leading presidential candidate is a late entry promising a return to better times

Apr. 29, 2024 01:11 AM EDT

PANAMA CITY (AP) — The leading candidate to be Panama’s next president is a last-minute stand-in who promises to return the Central American country to a boom time that experts say will be difficult to recapture. José Raúl Mulino, a maritime lawyer and former security minister,...

Renowned Peruvian investigative reporter battles criminalized smear campaign — and cancer

Apr. 28, 2024 01:26 AM EDT

LIMA, Peru (AP) — At age 75, one of Latin America’s most storied journalists had been looking forward to weaving into books the fragmented threads of more than four decades of investigative reporting that exposed high-level abuse of power in Peru and abroad. In an illustrious...

Ballistic missiles fired by Yemen's Houthi rebels damage Panama-flagged oil tanker in Red Sea

Apr. 27, 2024 01:14 AM EDT

JERUSALEM (AP) — Ballistic missiles fired by Yemen's Houthi rebels caused “minor damage” to a Panama-flagged oil tanker traveling through the Red Sea on Friday, authorities said. The attack follows an uptick in assaults launched by the Houthis in recent days after a relative...

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...