featured
Panama debt just turned toxic
|
Japanese financial conglomerate Nomura recommends to ditch Panama bonds and execute an "exit strategy" if you own them. UBS warns about reckless spending by Martinelli.
Bananama Republic (https://www.bananamarepublic.com/2012/06/)
Japanese financial conglomerate Nomura recommends to ditch Panama bonds and execute an "exit strategy" if you own them. UBS warns about reckless spending by Martinelli.
Great news, for a change! In an unprecedented act of self-reflection, a majority of the honorable legislators in the s̶e̶c̶o̶n̶d̶ ̶h̶a̶n̶d̶ ̶c̶a̶r̶ ̶d̶e̶a̶l̶e̶r̶s̶h̶i̶p̶ National Assembly now supports Sergio "Chello" Galvez as the new president of the Parliament!
Dramatic turn of events in all-out war of corruptos against corruptos has Panama governor seek assisted suicide through statement in La Prensa.
Martinelli faces a deficit of $2.5 billion on a $15 billion budget. With $4.5 billion disappearing into the black hole called "corruption" and Panamanians willing to riot to prevent him from selling off state assets, the supermarket baron is effectively out of funding.
Now that it has become so much easier for entrepreneurial people to immigrate and set up shop in Panama, we thought we'd better provide you with some essential survival tips to keep you safe, dear newcomer, in terms of living, working and doing business.
Martinelli is not an isolated phenomenon, but the product of a political and business environment that has been created and nurtured for decades by the same people who now pose as the saviors of democracy. It's a fight between factions of corrupt, rich elites, with ordinary Panamanians caught in the middle.
President Martinelli doing the Bernie dance divides the nation.
Years ago, Blandón & Young threatened your reporter. Now it's Martinelli threatening them, over the same Pronto Cash case. How times change!