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09.03.26 - 21:48
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Panama Canal Authority Administrator on Mideast Conflict (Bloomberg)
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Panama Canal Authority Administrator Ricaurte Vásquez Morales discusses the rise in agriculture products heading from the US to Asia contributing to an increase in revenue, and the impacts the conflict in Iran is having on business. He talks with Romaine Bostick and Katie Greifeld on "The Close." (Source: Bloomberg)...
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04.03.26 - 11:51
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Erster Prozess zu ′Panama Papers′ in Deutschland gestartet (DPA-AFX)
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KÖLN (dpa-AFX) - Am Landgericht Köln hat der erste Prozess auf deutschem Boden infolge der Veröffentlichung der sogenannten "Panama Papers" begonnen. Angeklagt ist ein 56-jähriger Schweizer, der auch im Kölner Raum vielen Menschen dabei geholfen haben ......
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24.02.26 - 21:21
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Panama Seizes China-Linked Ports Amid Trump-Beijing Dispute (ZeroHedge)
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Panama Seizes China-Linked Ports Amid Trump-Beijing Dispute
Panama published a Supreme Court decision, issued in late January, that voided key port operations held by Hong Kong-based CK Hutchison. The Balboa and Cristobal terminals have become entangled in a legal dispute involving Washington and Beijing. The timing is important, as it comes about a month before President Trump's planned late-March trip to China.
On Monday, the ruling authorized the Panama Maritime Authority to take over the Balboa and Cristobal terminals near the Panama Canal, ending concessions held by Panama Ports Company (PPC), a CK Hutchison subsidiary, for more than two decades.
The ruling stated that the Panama Maritime Authority will occupy both ports for "reasons of urgent social interest" and take control of all cranes, vehicles, computer systems, and software.
CK Hutchison said Panama's move was "unlawful" and threatened national and international legal action against the country, which controls the 50-mile man-m...
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