Politics

Panama-U.S. Free Trade Agreement Still on the Shelf

The United States and Panama signed a trade promotion agreement, also known as a free trade agreement, on June 28, 2007.  It was quickly approved by Panama two weeks later.  More than two years later, U.S. approval remains stalled due to the new administration’s concerns about systemic issues such as Panama’s tax and labor laws. Some…

The President’s Grocery Chain

Towards the end of the 19th century, the Wong Chang family founded Almacen 99, a hardware and fabric store, in the city of Colon, and continued to expand.  Ricardo Alberto Martinelli Berrocal was the chain’s Citibank account executive.  In 1981, Mr. Martinelli was offered the position of Almacen 99 administrator, and the chain became Super…