AGP Executive Report
Last update: 8 hours agoEarthquake Response: Panama declared an emergency after a magnitude 7.7 quake damaged homes, hospitals and public infrastructure. A proposed $100 million emergency fund and eased deficit limits could help finance recovery. Financial Services: Tether joined a seed round for EFY Finance, which provides stablecoin payment and settlement services in Panama and more than 16 other countries, signaling growing institutional interest in digital-asset infrastructure. Business Climate: The EU has removed Panama from its tax blacklist, while retaining reform monitoring—a boost to the country’s financial reputation, though scrutiny continues. Consumer Investment: Shake Shack plans to enter Panama as part of its Latin American expansion, with 12 locations targeted by 2035. Food and Shipping Costs: FAO economist Maximo Torero warned that rising prices—not shortages—are the main risk to global food security, citing fertilizer constraints, conflict-related shipping disruption and limits on routes including the Panama Canal.
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