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☆ Crises in Ecuador, Haiti Could Fuel Migration in 2024, Report Says
▼ + stars: | 2024-02-14 | by ( Feb. | At P.M. | ) www.usnews.com time to read: +2 min

By Kylie MadryMEXICO CITY (Reuters) - Thousands more people could be forced to leave Ecuador and Haiti in 2024 due to humanitarian crises such as intensifying violence, climate impacts and deepening poverty, the International Rescue Committee said in a report on Wednesday. "Multiple factors...will deteriorate living conditions for millions of people in Ecuador and Haiti, potentially forcing thousands to seek safety elsewhere," the IRC said. "The crises in Haiti and Ecuador are creating a ripple effect across the entire region," said IRC regional head Julio Rank Wright in a statement. "Without a functioning political system, the government will struggle to address violence and meet growing needs," the IRC said in the report. Food insecurity will likely also deepen in Haiti in 2024, the IRC said.

Persons: Kylie Madry, Julio Rank Wright, Jovenel Moise, Ariel Henry, Eli Moreno, Ros Russell Organizations: Kylie Madry MEXICO CITY, International, El, Global, Transnational, Global Initiative Locations: Kylie Madry MEXICO, Ecuador, Haiti, Colombia, Panama, Darien, Caribbean, Kenya, Mexico City, Panama City

☆ Panama trade minister resigns after mining contract backlash
▼ + stars: | 2023-11-30 | by ( Elida Moreno | ) www.reuters.com time to read: +1 min

PANAMA CITY, Nov 30 (Reuters) - Panama's Trade Minister Federico Alfaro announced his resignation on Thursday days after the country's top court ruled a contract between the government and Canadian miner First Quantum < FM.TO> was unconstitutional. The Central American country's trade ministry led negotiations on a contract between the government and First Quantum to operate a key copper mine, which opponents have deemed as too generous to the miner. In a resignation letter addressed to the president and shared on social media, Alfaro mentioned the contract, which generated months of protest throughout Panama, as well as the court ruling. Cortizo announced on Tuesday he will follow through with First Quantum's mine shutdown once the court's ruling is published in the country's official gazette, which has not yet happened. Incoming trade minister Rivera said in a separate public statement the ministry is evaluating actions to comply with the court's ruling and will start coordination talks with labor and environmental authorities.

Persons: Federico Alfaro, Alfaro, Laurentino Cortizo, Jorge Rivera, Cortizo, Rivera, Eli Moreno, Brendan O'Boyle, Isabel Woodford Organizations: PANAMA CITY, Panama's Trade, Central American, Thomson Locations: PANAMA, Panama, Lincoln

☆ Panama port blockade keeps supplies from First Quantum mine, company says
▼ + stars: | 2023-11-17 | by ( Elida Moreno | ) www.reuters.com time to read: +2 min

View of the Cobre Panama mine, of Canadian First Quantum Minerals, in Donoso, Panama, December 6, 2022. Protests have in recent weeks escalated against the miner's contract for a major copper mine operated by the company's local unit, known as Minera Panama. "The illegal actions carried out by small vessels in the port of Punta Rincon have affected the delivery of supplies that are required by Minera Panama, including for energy generation," the company said. Earlier this week, First Quantum reported that the protests blocking the port had reduced ore processing at its Cobre Panama mine, the first sign that the mine's output was at risk. On Thursday, the union for Minera Panama said it reached agreements with the company to ensure worker pay as protests kept some workers from reaching their jobs.

Persons: Senan, Eli Moreno, Brendan O'Boyle, Kylie Madry Organizations: Minerals, REUTERS, Aris, PANAMA CITY, Reuters, Minera, Aeronaval Service, CSL, Cobre, Thomson Locations: Panama, Donoso, PANAMA, Punta Rincon, Minera Panama, Panamanian, Cobre Panama

☆ Panama Canal to slash booking slots due to drought over coming months
▼ + stars: | 2023-10-31 | by ( ) www.reuters.com time to read: +2 min

Monrovia NSU CHALLENGER bulk carrier transits the expanded canal through Cocoli Locks at the Panama Canal, on the outskirts of Panama City, Panama April 19, 2023. REUTERS/Aris Martinez/File Photo Acquire Licensing RightsPANAMA CITY, Oct 31 (Reuters) - The Panama Canal, one of the world's main maritime trade routes, will further reduce daily ship crossings in the coming months due to a severe drought, the authorities managing the canal said late on Monday, increasing shipping costs. Booking slots will be cut to 25 per day starting Nov. 3 from an already reduced 31 per day, the Panama Canal Authority (ACP) said in a client advisory, and will be gradually reduced further over the next three months to 18 slots from Feb. 1. In recent months, the ACP has imposed various passage restrictions to conserve scarce water, including cutting vessel draft and daily passage authorizations. It also said delays for some gas transporters were at record highs in Panama, pushing up the cost of shipping liquefied gas from the U.S.

Persons: Aris Martinez, Eli Moreno, Brendan O'Boyle, Isabel Woodford, Josie Kao Organizations: Monrovia NSU CHALLENGER, REUTERS, PANAMA CITY, Panama Canal Authority, U.S . Energy, Administration, Thomson Locations: Cocoli, Panama, Panama City, PANAMA, Gatun Lake

TORONTO, Oct 30 (Reuters) - Shares in First Quantum Minerals (FM.TO) closed down 28% on Monday after Panama's government said it will hold a referendum on whether to scrap a mining contract awarded to the Canadian mining company on Oct. 20. Shares of First Quantum closed at C$20 after falling as much as 30% earlier in the trading session. President Laurentino Cortizo's decision to hold a binding referendum on Dec. 17 comes after 10 months of disputes regarding First Quantum's open pit mine at Cobre Panama. Thousands of people hit the streets over last weekend after the government approved the new contract with the company. Cobre Panama represents nearly 5% of Panama's gross domestic product and 1.5% of global copper production, according to RBC Capital Markets.

Persons: Panama's, Laurentino, Jefferies, Divya Rajagopal, Eli Moreno, Valentine Hilarie, Tomasz Janowski, Will Dunham, Jan Harvey Organizations: TORONTO, Quantum Minerals, Central American, Cobre, RBC Capital Markets, Thomson Locations: Toronto, Panama, Cobre Panama, Panama City

☆ Panama Canal water levels at historic lows, restrictions to remain
▼ + stars: | 2023-09-06 | by ( Elida Moreno | ) www.reuters.com time to read: +2 min

Bahamian LOS ANGELES SPIRIT crude oil tanker is pictured during its transit in the expanded canal through Cocoli Locks at the Panama Canal, on the outskirts of Panama City, Panama March 10, 2023. The authority that manages the canal added in a statement that this week's ship traffic represents a "normal" level for this season. It noted that a month before the end of its 2023 fiscal year, the canal's total vessel crossings already total nearly 800 more that what the canal authority's budget had forecast. Each vessel passing through the 50-mile (80-km) trans-oceanic waterway uses some 51 million gallons (193 million litres) of water from the lake. They argue that a potential early start to Panama's dry season and hotter-than-average temperatures could increase evaporation and result in near-record low water levels by April.

Persons: Aris Martinez, Eli Moreno, Brendan O'Boyle, Marianna Parraga, David Alire Garcia, Michael Perry Organizations: REUTERS, Aris, PANAMA CITY, Pacific, Thomson Locations: Cocoli, Panama, Panama City, PANAMA

☆ Panama Canal postpones depth restrictions after much-needed rain
▼ + stars: | 2023-06-24 | by ( Elida Moreno | ) www.reuters.com time to read: +1 min

PANAMA CITY, June 23 (Reuters) - The Panama Canal will postpone depth restrictions that were set to affect the largest ships crossing the key waterway, the canal authority said, after much-needed rain provided relief to the strained maritime passage. However, rains are expected to dump between 70 mm (2.76 in) and 80 mm (3.15 in) of precipitation into the Panama Canal basin over the next 72 hours, according to the country's weather service. Neo-Panamax ships can continue to sail at the previous depth limit of 44.0 feet (13.41 m) and Panamax ships can move at 39.5 feet (12.04 m), the canal authority said in an advisory to customers seen by Reuters. The canal authority had previously announced another tightening, set for July 19, but did not refer to this in its client advisory. Since the beginning of the year, the canal had instituted a number of depth restrictions as a drought, caused by the El Nino weather phenomenon, had put pressure on its water supplies.

Persons: Eli Moreno, Kylie Madry, Diane Craft Organizations: PANAMA CITY, Reuters, El, Thomson Locations: PANAMA, Panama

☆ Drought-hit Panama Canal further restricts maximum ship depth
▼ + stars: | 2023-06-22 | by ( Elida Moreno | ) www.reuters.com time to read: +2 min

[1/2] Monrovia NSU CHALLENGER bulk carrier transits the expanded canal through Cocoli Locks at the Panama Canal, on the outskirts of Panama City, Panama April 19, 2023. REUTERS/Aris Martinez/File PhotoPANAMA CITY, June 21 (Reuters) - The Panama Canal will expand restrictions on the largest ships crossing the waterway, one of the world's busiest trade passages, the canal authority's administrator said on Wednesday, citing shallower waters due to drought. Ship traffic, including container ships and oil tankers, using the canal between the Atlantic Ocean and Pacific Ocean accounts for about 3.5% of global trade. Despite the new rules limiting ships' weight, Vasquez said the flow of ships through the canal has carried on as expected so far. The limits will not affect liquefied natural gas (LNG) carriers, as they typically report drafts of up to 37 feet, according to the canal authority.

Persons: Aris Martinez, Ricaurte Vasquez, Vasquez, Eli Moreno, Kylie Madry, Sonali Paul Organizations: Monrovia NSU CHALLENGER, REUTERS, PANAMA CITY, Central, Reuters, Port, El Nino, Thomson Locations: Cocoli, Panama, Panama City, Central American, El

☆ Child migrants crossing Darien Gap surge eightfold, UNICEF says
▼ + stars: | 2023-05-30 | by ( Elida Moreno | ) www.reuters.com time to read: +1 min

PANAMA CITY, May 30 (Reuters) - The number of child migrants crossing a dangerous stretch of jungle dividing Colombia and Panama has rapidly increased during the first four months of this year, the United Nations Children's Fund (UNICEF) said on Tuesday. The thick jungle terrain of the Darien Gap, which is also home to roving bands of criminals, has become a key transit point for thousands of mostly U.S.-bound migrants setting out in search of better lives from South America. A record 25,431 children and teens, both accompanied and unaccompanied, entered Panama through the Darien Gap between January and April, according to a statement from UNICEF provided to Reuters. Adding to the already dangerous conditions, minors are increasingly arriving in Panama without an adult or guardian after crossing the Darien Gap, UNICEF said. That compares with under three a day last year, according to Reuters calculations based on UNICEF data.

Persons: Eli Moreno, Kylie Madry, David Alire Garcia, Jamie Freed Organizations: PANAMA CITY, United Nations Children's Fund, UNICEF, Reuters, Thomson Locations: PANAMA, Colombia, Panama, Darien, South America

☆ Child migrants crossing Darien Gap surge eightfold -UNICEF
▼ + stars: | 2023-05-30 | by ( Elida Moreno | ) www.reuters.com time to read: +1 min

☆ Panama ex-President Martinelli to stand trial on money laundering charge
▼ + stars: | 2022-12-10 | by ( ) www.reuters.com time to read: +1 min

[1/2] Panama's former president Ricardo Martinelli is escorted by police officers and supporters while leaving a courthouse after being declared not guilty of spying charges in Panama City, Panama August 9, 2019. Martinelli's cap reads, "I survived Varela", referring to Panama's former president Juan Carlos Varela. REUTERS/Erick MarciscanoPANAMA CITY, Dec 9 (Reuters) - A Panamanian judge summoned former President Ricardo Martinelli to stand trial for a money laundering charge, investigators said on Friday. This is the second trial against Martinelli announced this year, and he is expected to testify in both in 2023. Martinelli and his sons, Luis and Ricardo, are also charged in Panama for their alleged involvement in laundering millions of dollars in bribes from Brazilian construction company Odebrecht.

☆ Panama president to travel to U.S. for medical follow-up
▼ + stars: | 2022-11-10 | by ( ) www.reuters.com time to read: 1 min

PANAMA CITY, Nov 10 (Reuters) - Panamanian President Laurentino Cortizo will travel to Houston, Texas on Friday for follow-up treatment regarding the blood disorder he was diagnosed with in July, known as myelodysplasia, the presidency said in a statement Thursday. Cortizo will be in the United States until Nov. 17 for the medical evaluation, the presidency said. Reporting by Eli Moreno; Writing by Kylie Madry; Editing by Anthony EspositoOur Standards: The Thomson Reuters Trust Principles.

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