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Tag: economy
Viewing 1 - 3 out of 3 Blogs.
While most of the world faces downward-sliding real estate markets and a global credit crunch, it is easy to assume that Panama's real estate market will follow. On the other hand, perhaps a speculative real estate boom has coincided with a variety of real geopolitical events that enhance the intrinsic value of Panama's real estate market in the wake of new trends related to globalization. Boom potential Panama has been posed to grow exponentially in terms of tourism and real es... Read More
Panama's economy continues to grow, helped by the Canal expansion, construction, tourism and telecommunications. While concern about the impact of the U.S. crisis is spreading throughout Latin America, at least one country is still dominated by general optimism: Panama. While stock markets were crashing in the United States, Brazil, Mexico, Europe and Asia, the Panamanian agency that runs the Panama Canal last week managed to raise $2.3 billion in financing... Read More
I found this interesting article on UN web site about food crisis: Panama urges UN to declare global state of emergency to confront food crisis Panamanian President Martín Torrijos Espino today called on the United Nations General Assembly to declare a global state of emergency to confront the crisis of soaring food prices by mobilizing all governmental forces, private initiative and international organizations to save millions of people from the jaws of poverty. “In the constituti... Read More
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