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Residents of Casco Viejo, a historic district located in the heart of Panama City rely heavily on tourism and services. Workers from the area share their thoughts on the country’s economy and how it ...
Depending on the size, weight, and type of vessel, ship owners often pay anywhere between $15,000 and $300,000 in basic fees ...
The Panama Canal Administrator, Dr. Ricaurte Vásquez Morales, delivered the 43rd Annual William A. Patterson Distinguished Transportation Lecture at Northwestern University this week.
As the canal’s traffic has grown, prolonged droughts have hampered its operations. In 2023, a drought driven largely by the El Niño weather phenomenon forced the Panama Canal Authority (ACP, a ...
Striking workers march in Panama City [Photo: @SuntracsPanama] Panama is experiencing a growing national strike movement against pension cuts, concessions to Trump over the canal and the basing of ...
Panama and the U.S. signed a new security pact on the canal, boosting defense ties as tensions with China over Latin American influence continue to rise.
On the eve of Hegseth's visit Panama's comptroller announced that the audit had revealed "many breaches" of the contract and said Panama did not receive $1.2 billion it was owed from the operator.
In 1977, President Jimmy Carter signed a treaty with Panama to gradually transfer control of the 51-mile canal to the nation it bisects, and on Dec. 31, 1999, Panama assumed full control of the canal.
Colombian and Mexican cartels control the drug trafficking business in Panama. They’ve turned the isthmus into a key corridor, a highway along which cocaine moves towards the United States, Europe, ...
Every day, 30 - 40 ships pass through the Panama Cana l, carrying one-and-a-half million tons of cargo. The authorities are prepared to do just about anything to preserve the valuable canal.
He accused Panama of failing to uphold commitments made during the final transfer of the canal in 1999 and suggested that its operations had been ceded to China, a claim Panama has denied.
The U.S. completed construction of the canal in the early 20th century but signed treaties handing it over to Panama in 1977 in response to political pressure and unrest in Panama over U.S. ownership.