DIRS.INFO The most relevant business & tech news

☆ 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

☆ Hurricane Idalia: Florida’s Evacuation Orders by County
▼ + stars: | 2023-08-29 | by ( John Yoon | More About John Yoon | ) www.nytimes.com time to read: +2 min

More than 20 counties in western and Central Florida have issued evacuation orders as Hurricane Idalia approaches, including parts of Tampa, the state’s third-largest city. Baker County, west of Jacksonville, issued a voluntary evacuation order for low-lying and flood-prone areas and for mobile homes. Dixie County, west of Gainesville, issued a mandatory evacuation order, urging residents to complete preparations by sunset on Tuesday. Gilchrist County, west of Gainesville, issued a voluntary evacuation order for all low-lying areas and mobile homes. Jefferson County, east of Tallahassee, ordered the voluntary evacuation of mobile homes, recreational vehicles and low-lying areas that are prone to floods.

Persons: Simmons, Joe Beach, Johnny Diaz, Claire Moses Locations: Central Florida, Tampa, Florida, Baker County, Jacksonville, Citrus County, U.S, Dixie County, Gainesville, Franklin County, Tallahassee, Gilchrist County, Gulf County, Panama City, Cape San Blas, Mexico, Simmons Bayou, Highland, Hernando County, Tuesday, Hillsborough County, Jefferson County

The Liberian MSC UNITED VIII container ship transits in the expanded canal through Cocoli Locks at the Panama Canal, on the outskirts of Panama City, Panama March 10, 2023. The Panama Canal Authority last week opened two additional slots per day for vessels without booking to transit to help clear bottlenecks on both sides of the interoceanic corridor. As of Tuesday, 125 booked and non-booked vessels were waiting to pass, down from more than 160 ships two weeks ago, according to official numbers. However, the average wait time for vessels to pass has risen to between 10 and 11 days this month, from 6-7 days last month. The waiting surpasses 17 days for cargo vessels and liquefied petroleum gas carriers, and is almost 13 days for tankers.

Persons: Aris Martinez, Gustavo Petro, Andres Manuel Lopez Obrador, Abe Eshkenazi, Elida Moreno, Marianna Parraga, Marguerita Choy Organizations: Liberian MSC UNITED, REUTERS, PANAMA CITY, Panama Canal Authority, Reuters, Tuesday, Panama, U.S, U.S ., Association for Supply Chain Management, Thomson Locations: Cocoli, Panama, Panama City, PANAMA, Asia, South America, Europe, China, U.S . West Coast, Chicago, Houston

[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. The Panama Canal Authority has reduced maximum ship weights and daily ship crossings in a bid to conserve water. Container ships are the most common users of the Panama Canal and transport more than 40% of consumer goods traded between Northeast Asia and the U.S. East Coast. Some shipping executives are bracing for more reductions later this year, noting that in 2020 a less severe drought prompted canal operators to reduce crossings to 27 per day. "The Panama Canal is just the latest example."

Persons: Aris Martinez, Max, Drew Lerner, Peter Sand, Steve Ferreira, STRI's Steven Paton, Paton, Brian Bourke, Lisa Baertlein, Marianna Parraga, Elida Moreno, Louise Breusch Rasmussen, Deepa Babington Organizations: Monrovia NSU CHALLENGER, REUTERS, ANGELES, Evergreen Marine, Pacific, Panama Canal Authority, Northeast, U.S ., Smithsonian Tropical Research, El Nino, Central American, Canal Authority, SEKO Logistics, Thomson Locations: Cocoli, Panama, Panama City, HOUSTON, China, U.S, Northeast Asia, U.S . East Coast . U.S, United States, Chile, Brazil, Suez, Gatun Lake, El, U.S . East Coast, Los Angeles, Houston, Copenhagen

☆ Major shipping routes are struggling with water shortages. El Niño could make it worse
▼ + stars: | 2023-08-21 | by ( Sam Meredith | ) www.cnbc.com time to read: +6 min

A ship navigates the Panama Canal in the area of the Americas' Bridge in Panama City on June 12, 2023. Luis Acosta | Afp | Getty ImagesAn increasing number of climate-driven extreme weather events is taking its toll on the world's major shipping routes — and El Niño could make matters worse. In drought-stricken Panama, low water levels have prompted the Central American country to reduce the number of vessels that pass through the critically important Panama Canal. The Panama Canal Authority, which manages the waterway, said earlier this month that the measures were necessary because of "unprecedented challenges." "Right now, we do not see that filling up of the water levels that a normal year would bring around.

Persons: Luis Acosta, El Niño, El, Peter Sands, Sands, Lars Ostergaard Nielsen, Moller, Balint Porneczi, Nielsen Organizations: Afp, Getty, Central, Atlantic, Panama Canal Authority, CNBC, Analysts, Planet Labs PBC, El, Maersk, Bloomberg, Palatinate . Locations: Panama, Panama City, Central American, Suez, Europe, Asia, Pacific, Germany, Rotterdam, Bacharach, Rhineland, Palatinate, Frankfurt

☆ Pilot Dies After Medical Emergency on Flight From Miami to Chile
▼ + stars: | 2023-08-17 | by ( Chang Che | More About Chang Che | ) www.nytimes.com time to read: +1 min

A pilot for Latam, the Chilean airline, died on Monday after suffering a health emergency on a flight from Miami to Santiago, Chile, that forced the plane to make an emergency landing in Panama, the airline said. The pilot was part of a three-member crew aboard the flight from Miami International Airport to Arturo Merino Benítez International Airport in Santiago, Latam said in a statement on Wednesday. The airline, which is based in Santiago, did not disclose the pilot’s name or the nature of the health problem, but said it was “thankful for his 25 years of service” to the airline. “Latam Group is deeply saddened by this event and takes this opportunity to express our most sincere condolences to the family of our employee,” the company said, adding that the pilot was “distinguished by his dedication, professionalism and enthusiasm.”According to FlightAware, a flight-data tracker, the Latam flight, which typically takes roughly eight hours, took off from Miami at 9:41 p.m. Three hours later, the plane, a Boeing 787, made a quick descent, dropping nearly 30,000 feet in 10 minutes before landing at Tocumen International Airport in Panama City.

Persons: Arturo Merino, Latam, FlightAware Organizations: Miami International Airport, “, Boeing, Tocumen Locations: Chilean, Miami, Santiago, Chile, Panama, Panama City

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. The Panama Canal is important for moving consumer goods from Asia to the United States, especially ahead of peak selling seasons like Christmas. The Canal also is maintaining a suspension of extraordinary auctions for transit slots in both locks through Sep. 2. "Demand remains high, which proves that the Panama Canal is still competitive in most segments, even with measures taken to save water," the authority added. The Panama Canal has a 40%-market share of containers moving from Northeast Asia to the U.S. East Coast.

Persons: Aris Martinez, Elida Moreno, Marianna Parraga, Gary McWilliams, Grant McCool Organizations: Monrovia NSU CHALLENGER, REUTERS, PANAMA CITY, Panama Canal Authority, Canal Authority, U.S ., Thomson Locations: Cocoli, Panama, Panama City, PANAMA, Asia, United States, South, Pacific Coast, Northeast Asia, U.S . East Coast

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, Aug 10 (Reuters) - The drought-hit Panama Canal has temporarily limited the number of new reserved passage slots to help ease a bottleneck of ships that are waiting to transit without reservations, the waterway's authority said on Thursday. The canal, however, in June postponed further restrictions that would have required ships to lighten their loads to more easily pass. The bottleneck of vessels waiting to pass, however, has grown, prompting logistics and supply chain experts to predict more disruptions. Still, the bottleneck will not fall as hard on shippers as pandemic-era mishaps, including the Suez Canal blockage in 2021, according to shipping firms and customers.

Persons: Aris Martinez, Ricaurte Vasquez, Anatol Feygin, Rolf Habben Jansen, Lloyd, Elida Moreno, Marianna Parraga, Lisa Baertlein, Marguerita Choy Organizations: Monrovia NSU CHALLENGER, REUTERS, PANAMA CITY, Reuters, El, El Nino, Walmart, Cheniere Energy, Thomson Locations: Cocoli, Panama, Panama City, China, El, Suez

☆ 'This is going to get worse before it gets better': Panama Canal pileup due to drought reaches 154 vessels
▼ + stars: | 2023-08-09 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +4 min

A ship navigates through the Panama Canal in the area near the Americas' Bridge in Panama City on April 24, 2023. The Panama Canal is a critical trade link for U.S. shippers heading to Gulf and East Coast ports. The U.S. is the largest user of the Panama Canal, with total U.S. commodity export and import containers representing about 73% of Panama Canal traffic. The massive pileup is a result of water conservation measures the Panama Canal Authority deployed in late July due to drought. West Coast ports saw a decrease of 38.3% in July trade, and top East and Gulf Coast ports processed an increase of 46.4%.

Persons: Luis Acosta, Max, Adil Ashiq, Ricaurte Vásquez Morales, Ashiq, Descartes, Stephen Lamar Organizations: Afp, Getty, Panama Canal Authority, Labs, Planet Labs, PCA, Port, MarineTraffic, American Apparel & Footwear Association Locations: Panama, Americas, Panama City, Gulf, East Coast, U.S, Pacific, Port of Balboa, Port of Savannah, North America, Gatun, Coast, West Coast

☆ Panama blasts Colombia for inaction on Darien Gap migrants
▼ + stars: | 2023-08-05 | by ( Elida Moreno | ) www.reuters.com time to read: +2 min

PANAMA CITY, Aug 4 (Reuters) - The head of Panama's migration agency lashed out at Colombia on Friday, slamming its southern neighbor for failure to help control the flow of mostly U.S.-bound migrants passing through the dangerous Darien Gap amid a surge of people traveling north. "For Panama, this is a crisis, but unfortunately with Colombia we have not been able to reach any kind of understanding," Gozaine said in a statement released on Friday. The dense tropical jungle of the 60-mile (97-km) Darien Gap links Panama and Colombia, covering a missing section on the Pan-American highway, which stretches from Alaska to Argentina. Late last month, Panama's security ministry released data showing that the number of individual crossings of the Darien Gap reached an all-time high of nearly 250,000 in the first seven months of the year. "The only thing that Panama can do is manage the flow and permit (migrants) to keep traveling north and try to minimize the damage to Panama," she said.

Persons: Samira Gozaine, Gozaine, Elida Moreno, David Alire Garcia, Tom Hogue Organizations: PANAMA CITY, Panamanian, Pan, Thomson Locations: PANAMA, Colombia, Panama, Darien, Alaska, Argentina, United States

☆ Panama Canal seen losing $200 mln next year as ship crossings dip
▼ + stars: | 2023-08-04 | by ( ) www.reuters.com time to read: +1 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. Specifically, between 30 and 32 ships are expected to cross daily during the new fiscal year which starts in October, said canal administrator Ricaurte Vasquez at an event. That compares to the 36 to 38 ships that transit the waterway when it operates at full capacity. The $200 million cut would reduce the canal's revenues for the 2023-2024 fiscal year to $4.9 billion. Panama typically sees heavy rains in July, and the canal authority has called the lack of precipitation "historically unprecedented."

Persons: Aris Martinez, Ricaurte Vasquez, Elida Moreno, David Alire Garcia Organizations: Monrovia NSU CHALLENGER, REUTERS, PANAMA CITY, Thomson Locations: Cocoli, Panama, Panama City

☆ UN calls for regional solutions to curb record migration through Darien Gap
▼ + stars: | 2023-08-02 | by ( ) www.reuters.com time to read: +1 min

A group of migrants from different countries walk through the Darien Gap, as they continue their journey to the U.S. border, in Acandi, Colombia July 9, 2023. Official data shows 248,901 people crossed the dangerous stretch between January and July, surpassing the record high seen for all of 2022. The "dramatic" numbers show a need for joint efforts to address the root causes of forced displacement and irregular migration, the UN refugee agency and the International Organization for Migration (IOM) said in a statement. Migrants crossing the Darien Gap are mostly from Venezuela, while Haitians and Ecuadorians make up the next two largest groups. Crossings through the jungle are expected to surpass 400,000 this year, according to the UN, well up from nearly 250,000 in 2022.

Persons: Adri, Michele Klein Solomon, Ecuadorians, Elida Moreno, Gerry Doyle Organizations: REUTERS, PANAMA CITY, United Nations, UN, International Organization for Migration, Migrants, Thomson Locations: Darien, U.S, Acandi, Colombia, Panama, Venezuela

☆ Migration through Panama's perilous Darien Gap hits all-time high
▼ + stars: | 2023-08-01 | by ( Elida Moreno | ) www.reuters.com time to read: +1 min

PANAMA CITY, July 31 (Reuters) - The number of people crossing the treacherous Darien Gap linking Panama and Colombia hit an all-time high in the first seven months of the year, figures released on Monday showed, with July seeing a sharp jump despite recent efforts to curb the trend. Official data showed 248,901 people walked through the jungle area between January and July, already surpassing the record of 248,284 recorded for the whole of 2022, with most aiming to reach the United States, according to data from Panama's Security Ministry. Entries to Panama from Colombia through the jungle region have continued to rise despite a two-month program launched in April by the United States, Panama and Colombia to tackle undocumented immigration. The flow of migrants has skyrocketed from previous years, despite the start of the rainy season, Panama's Security Minister Juan Pino said earlier this month. Reporting by Elida Moreno; Writing by Valentine Hilaire; Editing by Cynthia OstermanOur Standards: The Thomson Reuters Trust Principles.

Persons: Juan Pino, Maria Saravia, Elida Moreno, Valentine Hilaire, Cynthia Osterman Organizations: PANAMA CITY, Panama's Security, Panama's, United Nations, Thomson Locations: PANAMA, Panama, Colombia, United States, Venezuela, Haiti, Ecuador

"Tourism has been on the slow burner for decades in the Darien," said longtime Panamanian tour guide Rick Morales. Tourists and migrants rarely meet face to face; the routes are almost always separated by dozens of miles. Reuters GraphicsTrip advertising does not mention the humanitarian crisis. At the same time, it acknowledged a "catastrophic humanitarian crisis" in a separate part of the Darien due to migration. Travel Darien Panama is an Indigenous-owned tour operator that says on its website it aims to help fund schools and improve living conditions in their village.

Persons: Franca Ramirez, Ramirez, Rick Morales, Marco Wanske, Kisbel Garcia, Alejandra Peña, Luis Eguiluz, Lorri Krebs, Mark Fischer, Morales, Carmelita Cansari, Nina Van Maris, Van Maris, Daina Beth Solomon, Laura Gottesdiener, Elida Moreno, Stephen Eisenhammer, Claudia Parsons Organizations: MEXICO CITY, Pan, Organization for Migration, Reuters, Tourists, Reuters Graphics, Adventure Travel Trade Association . Social, REUTERS, UNESCO, Salem State University, Tourism Ministry, U.S ., U.S, U.S . State Department, Big, Maria, Thomson Locations: MEXICO, Panamanian, Venezuela, Darien, Panama, Americas, United States, Mexico, Alaska, Argentina, Afghanistan, Africa, U.S, selfies, Ecuador, Haiti, Acandi, Colombia, Central America, Salem , Massachusetts, Greece, Texas, Travel Darien Panama, Luxembourg, Mexico City, Monterrey, Panama City, Maria Laguna

☆ Panama's ex-President Martinelli sentenced to over 10 years in prison
▼ + stars: | 2023-07-18 | by ( Elida Moreno | ) www.reuters.com time to read: +1 min

PANAMA CITY, July 18 (Reuters) - A Panamanian court sentenced former President Ricardo Martinelli to more than 10 years in prison for money laundering, the attorney general's office said on Tuesday, threatening the front-runner's bid to for a new term next year. A survey published in May by polling firm Campaigns & Elections Mexico put Martinelli as the front-runner, followed by former President Martin Torrijos. The court imposed a $19.2 million fine on Martinelli, judicial authorities said in a statement. The former president's spokesperson Luis Camacho said his team will analyze what he called a legal attack on Martinelli. Reporting by Elida Moreno; Writing by Valentine Hilaire; Editing by Richard ChangOur Standards: The Thomson Reuters Trust Principles.

Persons: Ricardo Martinelli, Carlos Carrillo, Ricardo Martinelli Berrocal's, Carrillo, Elections Mexico, Martinelli, Martin Torrijos, Luis Camacho, Elida Moreno, Valentine Hilaire, Richard Chang Organizations: PANAMA CITY, Elections, United, Thomson Locations: PANAMA, United States

☆ Mexico is the best country to live and work abroad, a survey of expats has found. Here's the top 10.
▼ + stars: | 2023-07-12 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Mexico is the most popular place to live and work abroad, a survey of more than 10,000 expats found. The survey also found that expats were most unhappy in Kuwait, Norway, and Turkey. The country has been popular with expats for some time, consistently ranking as one of the five most popular countries since the InterNations survey was first conducted in 2014. More than 10,000 expats spanning 171 nationalities and living across 172 countries and territories took part in the survey. Expats praised the country for having friendly locals and said it was easy to find housing.

Persons: InterNations, Expats, Radu Bercan, Lisa Marie David, NurPhoto, Malgorzata, Marielle, Inti, Toshio Kishiyama, Oleg Senkov Organizations: Service, Privacy, Buddha, Getty, Clair, Panama, Guell Locations: Mexico, Kuwait, Norway, Turkey, Wall, Silicon, Portugal, Lisbon, Bahrain Bahrain's, Philippines, Mayon, Costa Rica, Thailand Bangkok, Thailand, Taiwan, AFP, Malaysia George Town, Malaysia, Panama Panama City, Panama, Barcelona, Spain

☆ Panama pledges to purge more substandard ships from world's largest registry
▼ + stars: | 2023-06-28 | by ( ) www.reuters.com time to read: +1 min

PANAMA CITY, June 27 (Reuters) - The Panama Maritime Authority (AMP) said on Tuesday it would continue to clean up its fleet to prevent substandard Panama-flagged ships from being detained in foreign ports, a week after the country was added to an international watch list. Panama's ships registry was last week added to the "grey list" of the Paris Memorandum of Understanding (MOU), an agreement among 27 countries establishing an international inspection regime for foreign ships in other nations' ports, aiming to control ships' safety and environmental standards. The grey list includes fleets with acceptable compliance levels but low detention rates. Panama has removed 216 vessels from its ships registry, the world's largest, since 2021, for not meeting international standards. Reporting by Elida Moreno; Writing by Sarah Morland; Editing by Stephen CoatesOur Standards: The Thomson Reuters Trust Principles.

Persons: Elida Moreno, Sarah Morland, Stephen Coates Organizations: PANAMA CITY, Panama Maritime Authority, AMP, Thomson Locations: PANAMA, Panama, Paris

☆ 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

☆ U.S. trade dominates Panama Canal traffic. 'Severe' drought is threatening the long-term future of the century-old shipping route
▼ + stars: | 2023-06-24 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +5 min

Forty percent of all U.S. container traffic travels through the Panama Canal every year, which in all, moves roughly $270 billion cargo annually. "The U.S. is the main the main source and destination of our traffic," said Ricaurte Vásquez Morales, administrator of the Panama Canal Administrator. The Panama Canal is popular for East Coast trade because it is faster than other options. Traveling through the Panama Canal, which is more expensive, takes only 35 days. The U.S. is the largest country to move energy commodities through the Panama Canal, including natural gas.

Persons: Ricaurte Vásquez Morales, Vásquez, Luis Acosta Organizations: Gulf, Panama Canal, East, Agriculture Transportation Coalition, CNBC, LNG Allies, Panama, Afp, Getty, Panama Canal Authority Locations: Panama, East Coast, U.S, Shenzhen, China, Miami , Florida, Suez, New Orleans, Mobile , Alabama, Colon province, Panama City

☆ 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

☆ The Places Most Affected by Remote Workers’ Moves Around the Country
▼ + stars: | 2023-06-17 | by ( ) www.nytimes.com time to read: +11 min

Source: American Community SurveyThis rising mobility was driven by remote workers who sought new housing in their same metro areas, but also by a wave of remote workers decamping to other parts of the country. The rise of remote work meant that many such workers moved into these places, too. But for New York, San Francisco, Washington and Los Angeles, significantly more remote workers left than arrived. New York Metro Area Net domestic migration of workers Prepandemic 2018-19 Pandemic 2020-21 In-person workers Remote The N.Y.C. The remote workers identified this way may range from hybrid workers who primarily work from home to permanent remote workers and self-employed people who have no nearby office to visit.

Persons: ”, Hans Johnson, Johnson, Nicholas Bloom, Mr, Bloom, Adam Ozimek, Ozimek, Eric Carlson, It’s, “ Organizations: San, Major Metros, metros, York, Angeles, Washington, Seattle, Raleigh, Diego, Dallas, Sacramento, Hartford, American, Survey, San Jose metros, New York Metro Area Net, Public, Institute of California, Remote Workers, American Community Survey, Stanford, Economic Locations: San Francisco, New York, San Francisco , Washington, Los Angeles, Austin, Denver, Dallas, Nashville, Jose, Calif, Austin , Texas, N.C, Portland, Ore, Va, Conn, California, Bay Area, Washington, Ocean City, N.J, Cape Cod, Salisbury, Md, Maryland, Delaware, Fla, Stroudsburg, Pa, S.C, Panama City, Duluth, Minn

CNN —An “unprecedented drought” is affecting the Panama Canal’s water supply and leading authorities to impose surcharges and weight limits on ships traversing the key global trade route, according to the Panama Canal Authority. Ships move through the Panama Canal through a lock system, which uses water from several freshwater reservoirs to float the massive cargo vessels overland. But Panama is currently gripped by drought, and water levels at least one of those reservoirs – Gatun Lake – are dropping. But the start of El Niño “could worsen” conditions, the Panama Canal authority also warned. Regional neighbors have sought opportunities to compete with the lucrative Panama Canal.

Persons: El Niño, El, Cape Horn Organizations: CNN, Panama Canal Authority, Ships, Panama City, Panamanian National Government, El, Pacific, United Locations: Panama, Central America, El, South America, Cape, Asia, United States, Panamanian, Panama Canal, Nicaragua, Mexico, Pacific, Gulf of Mexico

☆ Panama ex-President Martinelli chosen as RM candidate for elections
▼ + stars: | 2023-06-05 | by ( Elida Moreno | ) www.reuters.com time to read: +1 min

PANAMA CITY, June 4 (Reuters) - Panama's former President Ricardo Martinelli was on Sunday chosen as the presidential candidate for his party Realizando Metas (RM) in next year's elections. Martinelli - along with his sons - is also charged in Panama for his alleged involvement in laundering millions of dollars in bribes from Brazilian construction company Odebrecht. "The only way to get me out of the presidential race is by impeachment ... they're going to have to kill me," Martinelli said. The Untied States has barred Martinelli from entering the North American country, with U.S. Secretary of State Antony Blinken accusing him of accepting bribes. Reporting by Elida Moreno Writing by Oliver Griffin Editing by Shri NavaratnamOur Standards: The Thomson Reuters Trust Principles.

Persons: Ricardo Martinelli, Realizando, Martinelli, Antony Blinken, Elida Moreno, Oliver Griffin, Shri Navaratnam Organizations: PANAMA CITY, U.S, Thomson Locations: PANAMA, Panama, American

☆ Panama boosts security in Darien Gap to confront human traffickers
▼ + stars: | 2023-06-03 | by ( ) www.reuters.com time to read: +2 min

"Operation Choco" aims to stop transnational organized crime in the Darien by mobilizing aerial support and confronting crime groups "head on," Security Minister Juan Pino told a press conference. It is affecting national security, not only in Panama but across the continent," Pino said, stressing that the initiative was "totally Panamanian." In April, Panama joined Colombia and the United States in a pledge to increase joint actions against human traffickers in Darien Gap. This is an effort wholly from the Panamanian state, because we are seeing that the situation of irregular migration is being exploited by transnational organized crime, which is profiting in the millions," he said. More than 166,000 migrants have crossed the Darien so far this year, according to the security ministry, mostly children and teenagers.

Persons: Carlos Jasso, Juan Pino, Pino, Oriel Ortega, Elida Moreno, Sarah Morland, William Mallard Organizations: REUTERS, PANAMA CITY, Thomson Locations: Puerto Obaldia, Guana Yala, Panama, Colombia, Darien, United States, Colombian, Panamanian

☆ SpaceX Axiom 2 mission returns from space station
▼ + stars: | 2023-05-30 | by ( Jackie Wattles | ) edition.cnn.com time to read: +7 min

This mission, dubbed Axiom Mission 2, or AX-2, launched from Florida on May 21. The SpaceX Crew Dragon capsule carrying Axiom Mission 2's four-person crew splashed down off the coast of Panama City, Florida, at 11:04 p.m. A company called Space Adventures brokered several such missions to the space station in the early 2000s, booking rides for wealthy thrill seekers on Russia’s Soyuz spacecraft. The SpaceX capsule transported the AX-2 crew back to Earth after a weeklong mission at the International Space Station. Axiom is one of several US companies gunning to create a new, privately owned space station.

Persons: Rayyanah Barnawi, Peggy Whitson, Whitson, I’m, ” Whitson, John Shoffner, Ali AlQarni, “, ” Barnawi, Barnawi, AlQarni, “ That’s, I’ve, ”, Prince Sultan bin Salman, Biden, axiomspace, Derek Hassmann, it’s, gunning Organizations: CNN, SpaceX, NASA, International, Houston, Crew, Dura, Line Corp, Royal Saudi Air Force, United Arab Emirates Space Agency, Russian Soyuz, Saudi, Space, Soyuz, Government Locations: Panama City , Florida, Gulf of Mexico, Florida, Saudi Arabia, American, Russian, United States

Search resuls for: "PANAMA CITY"

25 mentions found