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☆ I moved to Panama from the US. I live on a remote island for $1,000 a month and have never been happier.
▼ + stars: | 2024-11-13 | by ( Alcynna Lloyd | ) www.businessinsider.com time to read: +7 min

Lisa Kauffman was over Florida's hurricanes and the faster pace of life in the US. AdvertisementThis as-told-to essay is based on a conversation with Lisa Kauffman, a 55-year-old teacher with a background in biology and special education. In 2023, I purchased a one-way ticket to Panama, planning to live on the private island I had previously visited in 2022. I live off the grid, and my day-to-day expenses are lowThe island I live on is remote. Courtesy of Lisa KauffmanI live on about $1,000 a month.

Persons: Lisa Kauffman, Kauffman, —, I've, I'd, Ian, I'm, Minnie Organizations: Service, Kauffman Locations: Panamanian, Panama, Caribbean, Bocas del Toro, Panama City, Florida, Fort Myers, Costa Rica, Hawaii, Thailand, New York

In a speech to Congress, also on Tuesday, with López Obrador sitting a few steps from her, the promises seemed more tangible. It is far less than the 2.6 million barrels per day López Obrador promised at the beginning of his term. Experts said Mexico would not be able to increase oil production using traditional methods, because its fields are getting tapped out. Mexico is almost out of oil,” said Adrian Fernandez, who holds a PhD in environmental science from Imperial College London and directs the Mexico Climate Initiative, a think tank. Before leaving office, López Obrador pushed through a constitutional reform that strongly favors the Federal Electricity Commission.

Persons: —, Claudia Sheinbaum, Andrés Manuel López Obrador, ”, López Obrador, Sheinbaum, Rosanety Barrios, Enrique Peña Nieto, Adrian Fernandez, Fernández, Hurricane John, Hurricane Otis, Claudia, ” Barrios Organizations: MEXICO CITY, Federal Electricity Commission, Mexican Energy Regulatory Commission, Ministry of Energy, Imperial College London, Mexico Climate Initiative, United Nations, Hurricane, CFE, Associated Press Locations: MEXICO, López, Mexico, Paris, Dos Bocas, Acapulco, Guerrero, AP.org

☆ I spent 2 nights in an overgrown tiny house in Panama's rainforest for $300. Take a look inside.
▼ + stars: | 2024-09-12 | by ( Monica Humphries | ) www.businessinsider.com time to read: +1 min

And while castles usually ooze luxury and extravagance, Bambuda is one of the town's more affordable hotels. A view of the Bambuda Castle. The locals told me that while it was once a private residence, it was sold and transformed into a budget hotel in the last decade. As they expanded across Panama, the pair targeted budget travelers. For example, Bambuda Castle offers a range of accommodations.

Persons: Monica Humphries, Tom Oman, Dan Adelman, Panama's Bocas Del Organizations: Bambuda Locations: Boquete, Panama's Bocas, Panama's Bocas Del Toro, Panama

☆ I stayed in a gorgeous 2-story overwater bungalow for $180 a night, and I didn't even have to shell out for the Maldives to do it
▼ + stars: | 2024-07-18 | by ( Eibhlis Gale-Coleman | ) www.businessinsider.com time to read: +1 min

Eibhlis Gale-ColemanPunta Caracol Acqua Lodge is set over the ocean along the shores of Punta Caracol, a mangrove-lined coastline on the west side of the main Colón Island in Panama. Because of its remote location, everything — including guest transfers, staff switching shifts, and even laundry runs — relies on motor-powered fishing boats. I booked a shuttle service from Costa Rica to Bocas Town and took a short taxi ride from the town center to the port. From there, the resort sent a boat to pick me up. The distinctive mint-green and yellow exterior was rustic — a far cry from any soulless hotel chain I've stayed in.

Persons: Eibhlis Gale, Coleman Organizations: Bocas Town Locations: Punta Caracol, Panama, Costa Rica, Bocas

☆ Oil gains as market buffeted by supply worries
▼ + stars: | 2024-04-03 | by ( ) www.cnbc.com time to read: +2 min

Oil wells are seen at an oil facility by the Highway 5 near Bakersfield in California, U.S. on Nov. 27, 2022. Oil prices extended gains on Wednesday as a larger than expected fall in U.S. crude inventories and escalating geopolitical tensions raised investor worries about tighter supplies. U.S. crude oil inventories fell by 2.3 million barrels last week, higher than the 1.5 million barrel drop forecast by analysts in a Reuters poll. Russia, among the top three global oil producers and one of the largest exporters of oil products, has been contending with Ukrainian attacks on oil refineries and has also attacked Ukrainian energy infrastructure. The U.S. dollar also edged down against a basket of currencies on Wednesday, helping support demand for dollar-denominated commodities like oil.

Persons: Brent, WTI, Israel, Pemex Organizations: U.S, West Texas, Reuters, The U.S Locations: Bakersfield, California, U.S, Brent, Ukrainian, Russia, Iran, Damascus, Dos Bocas

☆ How to select a personal trainer (and why it’s worth it)
▼ + stars: | 2024-01-30 | by ( Melanie Radzicki Mcmanus | ) edition.cnn.com time to read: +7 min

The global personal fitness trainer market was worth about $41.8 billion in 2023, and market research firm Future Market Insights predicts it will soar to $65.5 billion by 2033. A growing body of research also suggests working out with a personal trainer has a variety of benefits. The two biggest benefits from hiring a personal trainer, though, whether you’re an exercise newbie or a pro, are accountability and motivation, said Mary Wing, a certified personal trainer and performance coach with the fitness app Future. There are trainers who specialize in training older people or those with medical issues, says certified personal trainer Allan Misner. In the end, though, hiring a personal trainer can be a safe and effective way to achieve a healthier life, which is the main goal.

Persons: —, Mary Wing, ”, Allan Misner, It’s, they’ve, ” You’ll, “, Wing, Misner, it’s, ” Misner, ” Melanie Radzicki McManus Organizations: CNN’s, CNN, US Bureau of Labor Statistics, Research, Gerontology, Geriatric, National Academy of Sports Medicine, American College of Sports Medicine, American, ”, “ Locations: United States, Sanford , North Carolina, Bocas del Toro , Panama

☆ Mexico's Pemex gets billions more in government support
▼ + stars: | 2023-10-27 | by ( ) www.reuters.com time to read: +3 min

The logo of Petroleos Mexicanos (Pemex) is pictured at the company's headquarters in Mexico City, Mexico July 26, 2023. In October, Pemex received 55.9 billion pesos ($3.2 billion) from the government to strengthen its financial position, accounts show. Separately, Pemex received 71.7 billion pesos over the quarter for debt amortizations. Instead of focusing so much on Pemex, Mexico could have made more of private-sector investment, boosting renewable electricity output and reducing fossil fuel reliance, he said. Pemex also reported a third-quarter net loss of 79.13 billion pesos, revenues of 462 billion pesos and a financial debt of $105.8 billion.

Persons: Raquel Cunha, Pemex, Octavio Romero, Andres Manuel Lopez Obrador, Carlos Urzua, Lopez Obrador, Valentine Hilaire, Ana Isabel Martinez, Adriana Barrera, David Alire Garcia, Stefanie Eschenbacher, Anthony Esposito, David Holmes, Jonathan Oatis Organizations: REUTERS, Reuters, Thomson Locations: Mexico City, Mexico, MEXICO, Dos Bocas, Pemex

☆ Mexico President Taps New Energy Chief as His Term Enters Final Year
▼ + stars: | 2023-10-16 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +1 min

MEXICO CITY (Reuters) - Mexican President Andres Manuel Lopez Obrador announced he has picked Miguel Angel Maciel to be his next energy minister, less than a year before the end of his six-year government, he wrote in a Monday post on social media. Maciel will replace Rocio Nahle, who served as energy chief and chair of the board of state-owned oil company Pemex since the beginning of Lopez Obrador's term in late 2018. Maciel has previously served as deputy energy minister, and Lopez Obrador stressed in his post on X that the petroleum engineer by training is trusted "due to his honesty and proven convictions in favor of national sovereignty." Nahle formally left her job as minister before the president's most important energy infrastructure project, the Olmeca oil refinery in his home state Tabasco, has come online. Lopez Obrador tasked Nahle with overseeing the project, which is running behind schedule and over budget.

Persons: Andres Manuel Lopez Obrador, Miguel Angel Maciel, Maciel, Rocio Nahle, Lopez, Nahle, Lopez Obrador, Noe Torres, Stefanie Eschenbacher, Valentine Hilaire Organizations: MEXICO CITY Locations: MEXICO, Veracruz, Tabasco, Dos Bocas, Houston, wean Mexico

☆ Mexico Energy Secretary Steps Down, to Seek Veracruz Governorship
▼ + stars: | 2023-10-13 | by ( Oct. | At P.M. | ) www.usnews.com time to read: +1 min

MEXICO CITY (Reuters) -Mexico Energy Secretary Rocio Nahle has presented her resignation and will step down immediately, Mexican President Andres Manuel Lopez Obrador said on Friday, as she prepares to enter the race for governor of Veracruz state. The refinery aims to help Mexico become energy self-sufficient but has not yet begun to market its products. The list also includes Eric Cisneros and Zenyazen Escobar, who resigned from their posts as Veracruz government secretary and education secretary, respectively. The current state governor is MORENA's Cuitlahuac Garcia. Nahle sent a message on social messaging platform X thanking Lopez Obrador.

Persons: Rocio Nahle, Andres Manuel Lopez Obrador, Lopez Obrador, Nahle, Miguel Angel Yunes, MORENA, Sergio Gutierrez Luna, Claudia Tello, Manuel Huerta, Eric Cisneros, Zenyazen Escobar, MORENA's Cuitlahuac Garcia, Diego Ore, Aida Pelaez, Fernandez, Sarah Morland, Lincoln Organizations: MEXICO CITY, Mexico Energy, Dos Bocas, PAN Locations: MEXICO, Mexico, Mexican, Veracruz, of Mexico, Dos, Tabasco

☆ Why Booker Prize-winning author Bernardine Evaristo is mentoring Ghanaian writer Ayesha Harruna Attah
▼ + stars: | 2023-06-09 | by ( Rochelle Beighton | ) edition.cnn.com time to read: +4 min

Attah said that being selected personally by Evaristo “is an honor of a lifetime.”“I was overjoyed because I love Bernardine’s boldness as a writer. In 2012, she launched the Brunel International African Poetry Prize, now renamed the Evaristo African Poetry Prize, with the aim of providing a platform for emerging poets from Africa and the diaspora. For Evaristo, mentorship is about more than just refining writing skills. Both Evaristo and Attah share a commitment to challenging misconceptions and stereotypes surrounding Africa and its people through their work. “People have said to me, “Isn’t writing about Africa or Black people limiting?” Evaristo said.

Persons: Bernardine Evaristo, Evaristo, Booker, Ayesha Harruna Attah, “, ” Evaristo, Attah, Evaristo “, ”, ” Attah, Don’t, ’, ‘, ” MARTIN BOURKE, “ We’ve Organizations: CNN, Protégé Arts Initiative, Arts, Brunel University London, Brunel International Locations: Africa, Europe, America, Athens, Greece, Senegal, Nigerian, London, New York, Trinidad, Ghana, England, White

☆ Mexico sees growth of up to 3% this year, eyes nearshoring boost
▼ + stars: | 2023-03-31 | by ( Anthony Esposito | ) www.reuters.com time to read: +3 min

Mexico's inflation rate by the end of this year is seen slowing to 5.0%, and then to 4.0% by the end of 2024. Mexico's central bank raised rates 25 basis points to 11.25% Thursday, but hinted the hiking cycle could be nearing its end. Mexico is also primed to benefit from private investment fueled by "nearshoring," the trend of moving production to North America and away from Asia, the ministry said. Nearshoring could add up to 1.2 percentage points to GDP the ministry said, without specifying a time frame. In particular, the ministry anticipated a boost to foreign investment in manufacturing, and said the automotive industry was a "natural candidate" to take advantage of nearshoring.

☆ Mexico's newest oil refinery now seen working at half capacity in mid-2023
▼ + stars: | 2022-12-24 | by ( Adriana Barrera | ) www.reuters.com time to read: +2 min

The Olmeca oil refinery, being built next to the Dos Bocas port, is set to be Pemex's eighth when it comes on line. It is key to Mexican President Andres Manuel Lopez Obrador's plan to make the country self-sufficient in gasoline and diesel, ending longstanding heavy dependence on imports, mainly from U.S. refiners. By September 15, the day before Mexican Independence Day, it would process its full capacity of 340,000 bpd and yield 280,000 bpd of gasoline and diesel, Lopez Obrador said, posting on Twitter. The Olmeca refinery has been one of the leftist president's signature public works projects since he took office in late 2018. Reporting by Adriana Barrera; Writing by David Alire Garcia; Editing by Bradley PerrettOur Standards: The Thomson Reuters Trust Principles.

☆ Mexico's Pemex increases production and imports of gasoline, fuel
▼ + stars: | 2022-11-29 | by ( ) www.reuters.com time to read: +1 min

Pemex (PEMX.UL) produced 282,600 barrels per day (bpd) of gasoline in October, up 17% from September. Diesel output jumped 21% to 151,400 bpd, and production of fuel oil fell 2.5% to 272,000 bpd, according to company figures published late Monday. The state oil company reported an 8.7% increase in petroleum products imports, especially gasoline, which increased 17% in October to 475,000 bpd. Experts and critics argue the goal is unattainable considering the deteriorated state of Mexico's local refineries and delays in starting up its new Dos Bocas refinery. Pemex reported relatively stable crude production of 1.7 million bpd.

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