Latest Panama City News
A trial is underway for the Panama Papers, a case that changed the country's financial rules
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
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%...
Climate change concerns grow, but few think Biden's climate law will help, AP-NORC poll finds
Like many Americans, Ron Theusch is getting more worried about climate change. A resident of Alden, Minnesota, Theusch has noticed increasingly dry and mild winters punctuated by short periods of severe cold — symptoms of a warming planet. As he thinks about that,...
Panama demands Nicaragua rein in former President Ricardo Martinelli
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
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
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...
Migrant brawl at reception center in Panama's Darien region destroys shelter
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
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
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
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...
