pa.di.

Nidal Waked Held in Miami Until Trial

Colombian-Panamanian businessman Nidal Waked will remain in custody in Miami until his trial, tentatively scheduled for October 30. Waked, age 45 and based in Panama before his arrest, pled not guilty to charges of “knowingly and willfully” engaging in financial and monetary transactions designed to conceal drug-trafficking proceeds. At the time of his arrest in May, the US…

Fonseca Calls Out President from Jail

Partners of the law firm Mossack Fonseca at the center of the Panama Papers scandal were indicted on money laundering charges on Saturday, but the allegations don’t stop there. Ramon Fonseca Mora, who along with Jurgen Mossack is being held as a flight risk in Ancon, says that President Juan Carlos Varela, in the presence of deputies…

Rice Producers Clash with Police

Riot police reacted when rice producers shut down four lanes of the Pan-American Highway near Divisa on Monday. The rice producers are calling for an end to rice imports and exclusion from price controls. Last December, the government committed to purchasing 500,000 quintals for $18 million from local producers. Ruben Zeballos, president of the Rice Importers Association…

The Terraplén Stalls Are Gone

The 150-some stalls of the Terraplén in Santa Ana, also sometimes referred to as Panama City’s black market, were removed on Saturday. After reaching an agreement with the United Microentrepreneurs Association of the Terraplén, the city is moving some of the vendors to 5 de Mayo market and others to a new Market of the Americas that will…

New Logo for Fourth Bridge over Panama Canal

Ginela Franceschi, a student at Santa Maria La Antigua University, designed the winning logo for the fourth bridge over the Panama Canal. The bridge will extend from Corredor Norte, north of the Bridge of the Americas and should be ready by 2021 if all goes according to plan. It is set to include six new lanes for…