Trump Threatens Panama Canal: Lower Fees or Face U.S. Demands
In a bold declaration that echoes through the halls of international diplomacy, former President Donald Trump has reiterated his stance on the Panama Canal, asserting that the U.S. will demand its return if Panama does not lower transit fees charged to American ships. This statement not only reignites a long-standing debate over the management of the canal but also raises significant questions about U.S.-Panama relations and international maritime trade.
Continue readingPanama Seeks Economic Soft Landing to Maintain Investment Grade Amid Global Uncertainties
As global financial landscapes shift and face new challenges, Panama is focusing on securing a stable economic environment that will safeguard its investment-grade status. Economic advisers within the country believe that a soft landing is crucial for keeping this classification while navigating the complexities of the current global economic scenario.
Continue readingPANAMA'S CREDIT RATING HITS ROCK BOTTOM: S&P DOWNS THE NATION TO LOWEST INVESTMENT GRADE
In a significant blow to the Central American nation of Panama, credit rating agency Standard & Poor's (S&P) has downgraded its debt rating to the lowest tier of investment-grade status. This alarming development raises concerns about the nation's economic stability and potential for growth in the coming years.
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