AGP Executive Report
Last update: 4 hours agoPanama Canal Capacity Crunch: The Panama Canal will cut daily transits again as El Niño-driven drought tightens watershed conditions, dropping total passages from 36 to 34 starting Sept. 4 and then to 32 on Sept. 15, with Neopanamax slots set at 9 and Panamax at 25 (then 23), plus draft limits adjusted to protect reliability. Port & Trade Ripples: With the canal tightening, shippers are already rerouting and rebalancing flows; the Port of Los Angeles is preparing for a potential cargo uptick as Panama and Red Sea constraints push more business toward West Coast gateways. Regional Growth Watch: ECLAC projects the Dominican Republic will grow 4% in 2026 and 4.4% in 2027, while noting a tougher global backdrop for Latin America and the Caribbean. Security & Crime: Panama prosecutors handed prison terms up to 18 years in “Operation Fusion” for drug and money laundering linked to Tocumen Airport, and police recovered stolen telecom backup batteries and phones in Panama Oeste. Cyber Threats: Banking trojans including Manic and Grandoreiro are in the spotlight, with reported targeting of users across Latin America and beyond.
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