Politics

US Ambassador to Panama Resigns

The US ambassador to Panama has resigned from his post citing personal differences with the Trump administration. John D Feeley was sworn in as ambassador in January 2016 and submitted his letter of resignation in December 2017, which indicates that he cannot perform his duties given current US policy. In an excerpt from his letter read…

Panama and China Grow Ties in Wake of Break

Panama and China are moving full-speed ahead after the Central American country ended its long-standing relationship with Taiwan in June. During Juan Carlos Varela’s visit to China this week, Chinese President Xi Jinping praised the Panamanian president for his great vision, political courage and responsibility in establishing diplomatic ties based on a One-China Policy. “This sends an important…

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…

Martinelli Stripped of Immunity

Ricardo Martinelli may now face charges of insider trading on shares of Canadian miner Petaquilla while in was in office. Although the former president has immunity as the head of Panama’s Democratic Change party and faces a number of other corruption charges, the country’s electoral court has only removed his immunity to the insider trading…

President Martinelli and the Dehydrated Food Contract

The Electoral Tribunal notified the Supreme Court Thursday of its decision to suspend the immunity of former President Ricardo Martinelli. This launches the investigation into corruption charges against Martinelli related to anomalies in the purchase of $44.9 million worth of dehydrated food from a company called Lerkshore International Limited through the National Assistance Program, or $30 million more than its value. Martinelli…