Trump Ocean Club files for Chapter 11

Don't say we didn't warn you. Newland Properties, the developer of the embattled Trump Ocean Club in Panama - the most intensely hyped real estate project in the history of the country - is filing for Chapter 11 - and that is just one step from bankruptcy.

Taboga turns into giant garbage dump

The once picturesque island of Taboga is awash in garbage, has not enough water, and more and more people get sick because of it. Commercial interests continue to attract more trash, while the authorities are either asleep or making some bucks on the side.