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The Panama Canal and its importance for Australia

In the light of President Trump’s recent comments, Professor Michael G.H. Bel discusses the significance of the Panama Canal for global freight, and considers how rising costs and proposed alternate routes may affect Australia’s supply chains....

'An opportunity lost': Whidbey Island boat builders lose ferry contract to Florida company

'An opportunity lost': Whidbey Island boat builders lose ferry contract to Florida company

A local contract would have created over 1,300 jobs, expanded the state's apprenticeship pipeline, and reinvested millions into Washington's economy, CEO says. WHIDBEY ISLAND STATION, Wash. — A Washington-based shipbuilder says the state missed a...

Costa Rica Extradites David Ochy to Panama for Alleged Money Laundering

Costa Rica Extradites David Ochy to Panama for Alleged Money Laundering

Costa Rican authorities have extradited David Ochy, a former Panamanian presidential candidate, to Panama, where he faces charges of money laundering tied to the high-profile “New Business” case. Ochy, a businessman, was escorted by Interpol...

Panama Canal Marks Nine Years Since Expansion with Growth in Transits and Tonnage

The Panama Canal Authority, today, celebrates the ninth anniversary of the canal’s expansion, reporting a rise in both transits and tonnage moved during the first eight months of fiscal year 2025 in comparison to the same period last year. Between...

Livestock trade with Mexico set to resume July 7 after screwworm scare

Livestock trade with Mexico set to resume July 7 after screwworm scare

The U.S.-Mexico border will reopen for livestock passage after a month-long closure due to New World Screwworm concerns. The USDA announced a phased reopening of ports of entry for cattle, bison, and equines starting July 7th. The USDA is working...

El Salvador Attracts $322 Million in Foreign Investment in Q1 2025, Led by Panama, Spain, and the U.S.

El Salvador Attracts $322 Million in Foreign Investment in Q1 2025, Led by Panama, Spain, and the U.S.

El Salvador continues to position itself as a rising destination for foreign direct investment (FDI) in Latin America, registering an inflow of $322.2 million in the first quarter of 2025 alone—a 64% increase compared to the same period in 2024,...

First Nigerian-owned vessel berths in Lagos port to service AfCFTA market

First Nigerian-owned vessel berths in Lagos port to service AfCFTA market

The first fully Nigerian-owned container vessel, the Clarion MV Ocean Dragon, has berthed at Tin Can Island Port to transport cargoes across Nigerian ports and West African trade corridors, as well as to deepen trade under the African Continental...

Panama reclaimed?

Panama reclaimed?

The locks near Paraiso, Liebig collectable card series, early 20th century Culture Club · Getty As the US president told Congress, ‘the policy of this country is a canal under American control. The United States cannot consent to the surrender of...

Newtownabbey man jailed over smuggling ‘significant commercial quantities of cocaine’ into north

Newtownabbey man jailed over smuggling ‘significant commercial quantities of cocaine’ into north

A Co Antrim man who admitted smuggling large quantities of cocaine into the north has received an eight-year year jail sentence. Daryl Patton (40), from Dorchester Avenue in Newtownabbey, was said to have had contacts in Panama, Columbia, Spain,...

Costa Rica's Media Market and Film Festival Mark New Milestones: Main Takeaways

Costa Rica's Media Market and Film Festival Mark New Milestones: Main Takeaways

Costa Rica’s inaugural Media Market and its Film Festival, now in its 13th edition, marked a number of firsts this year. The Costa Rica Media Market (CRMM), organized by the film commission and national Trade & Investment Promotion Agency...

Global Drought Hotspots Report Reveals Severe Impact and Economic Losses from 2023 to 2025

Global Drought Hotspots Report Reveals Severe Impact and Economic Losses from 2023 to 2025

In a stark reminder of the escalating environmental crises triggered by climate change, a comprehensive UN-backed report released today reveals that the world is currently experiencing some of the most severe and devastating droughts ever...

Panama extends suspension of constitutional rights amid protests

Panama extends suspension of constitutional rights amid protests

People walk along a blocked street during the day of protests in Changuinola, Bocas del Toro, Panama, this past weekend. Panama will extend its suspension of constitutional rights in Bocas del Toro province through June 29 in response to...

EFG Appoints Americas CIO, Deputy Chief Executive For Miami RIA Business

The new CIO for the Americas will continue to be based in Miami, the Zurich-listed group said. EFG International has appointed Luis Ferreira as chief investment officer for the Americas and deputy CEO for the RIA business in Miami, effective...

Chiquita Brands Leaves Panama Amid Protests, Talks Underway to Resume

Chiquita Brands Leaves Panama Amid Protests, Talks Underway to Resume

Laid-off workers from the U.S.-based banana company Chiquita Brands said on Monday that they are hoping for the company’s return to Panama, after it halted operations in the country due to millions in losses caused by two months of protests....

Canadian-Founded Blockchain Project, ZDKL, Could Revolutionize Peace Through Trade for Businesses and Content Creators

Canadian-Founded Blockchain Project, ZDKL, Could Revolutionize Peace Through Trade for Businesses and Content Creators

Share Share Share Share Email The concept of decentralized infrastructure for financial transactions has gained significant popularity over the last decade. Small businesses and content creators worldwide view decentralized transactions as a means...

Ambassadors of Panama and Peru Visit Saxion University of Applied Sciences

Ambassadors of Panama and Peru Visit Saxion University of Applied Sciences

By Eduardo Antonio Carreño Campos, Carlos Enrique Díaz Villanueva and Kristoff Derveaux On May 7, Saxion University of Applied Sciences had the honor of welcoming the Ambassadors of Panama, H.E. Ms. Sally Loo Hui, and Peru, H.E. Ms. Franca Deza...

Costa Rican-Owned BCT Bank is in the Eye of the Storm in Panama

Costa Rican-Owned BCT Bank is in the Eye of the Storm in Panama

The Public Prosecutor’s Office is conducting an investigation into possible money laundering crimes against the economic order and has held talks with Costa Rican judicial authorities. On June 10, the Public Prosecutor’s Office, through the Second...

President Mulino’s First Year in Office – Panamanian Foreign Policy Achievements

President Mulino’s First Year in Office – Panamanian Foreign Policy Achievements

During this period, the country’s foreign policy has been guided by the defense of national interests and the projection of Panama as a solid democracy and an open economy. This strategic vision has allowed it to strengthen alliances, attract...

It's time to put an end to financial secrecy in the British Virgin Islands

It's time to put an end to financial secrecy in the British Virgin Islands

3 min read4 hr We cannot credibly aspire to be the anti-corruption capital of the world while the British Virgin Islands continues to avoid proper transparency. Once again, the British Virgin Islands (BVI) have missed a critical deadline to...

Record 2.5 tonnes of cocaine seized off New Caledonia on Panama-flagged vessel bound for Australia

Record 2.5 tonnes of cocaine seized off New Caledonia on Panama-flagged vessel bound for Australia

French customs officers board a ship as part of anti-drug traffic operation. Photo: Supplied / Douane France A record 2.5 tonnes of cocaine were seized last week off New Caledonia, the French High Commission in New Caledonia said on Thursday. The...

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