October
Ex-President of Panama, Guillermo Endara, died, the Bay of Panama will soon be clean; two new naval bases on the Pacific Coast of Panama – Ex-President of Panama, Guillermo Endara, died of a heart attack this past week. Endara, who was the first democratically elected president of Panama after the Noriega military government was removed by the U.S. military, was a very popular figure in Panama. His presidency is remembered for returning a broken country to peace and stability.–read more–
Latest From Panama – Costa Rican Political Corruption And Panama’s Economy Picks Up – Former Costa Rican President Rafael Ángel Calderón Fournier (1990-94) was found guilty this week of corruption charges and sentenced to 5 years in jail. Calderon is charged with receiving kickbacks worth $540,000 dollars from the Costa Rican Social Security system. -read more-
Panama’s New Property Laws - Tensions were high this past week at the National Assembly as the Assembly members debated and passed a first version of Law 71. Even the U.S. Embassy sent out an email notifying the expatriate U.S. community that the Embassy would be monitoring developments at the National Assembly. – read more –
Panama Adds New Section To Coastal Highway – The Panamanian government this week gave the order to begin extending the coastal highway (Cinta Costera) to the Casco Viejo section of Panama City. – read more –