DIRS.INFO The most relevant business & tech news

☆ I spent my first night in Panama at a hotel in the heart of the historic district. The stay made me fall in love with the country in less than 24 hours.
▼ + stars: | 2024-06-01 | by ( Monica Humphries | ) www.businessinsider.com time to read: +1 min

I spent my first night in Panama at the five-star Sofitel Legend Casco Viejo hotel. The property had luxury amenities and was located in the heart of Panama City's historic district. Good food, stunning architecture, and unbelievable views helped me fall in love with Panama. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementA bellhop opened the door to the Sofitel Legend Casco Viejo, and I was transported out of Panama City's humidity and into a chilly hotel lobby brimming with excitement.

Persons: —, bustled Organizations: Service, Business Locations: Panama, Casco Viejo, Good, Casco, Panama City

☆ The $35 eye mask the multimillionaire XPrize founder swears by for better sleep
▼ + stars: | 2024-06-01 | by ( Hilary Brueck | ) www.businessinsider.com time to read: +1 min

XPrize founder Peter Diamandis wants to live as long as possible in good health. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The XPrize founder says he's jetted down to Panama City for pricey stem cell injections in his knee and his shoulder, and he uses high-end supplements for muscle-building. In 2023, he announced a $101 million XPrize competition designed to find interventions that will help people live 10 extra healthy years. This story is available exclusively to Business Insider subscribers.

Persons: Peter Diamandis, —, Peter Diamandis isn't, he's, He's, Tony Robbins Organizations: Service, Panama City, Business Locations: Panama

☆ Opinion | Do We Still Understand How Wars Are Won?
▼ + stars: | 2024-05-28 | by ( Bret Stephens | ) www.nytimes.com time to read: +1 min

In the past 50 years, the United States has gotten good at losing wars. We won limited victories against Saddam Hussein in 1991 and Muammar el-Qaddafi in 2011, only to fumble the endgames. If you’re on the left, you’d probably say that most if not all these wars were unnecessary, unwinnable or unworthy. Life in America would not have materially changed if, say, Kosovo were still a part of Serbia. We know how America fought such wars.

Persons: Saddam Hussein, Muammar el, What’s, you’d, “, ” Ron Chernow, Ulysses Grant Organizations: ISIS Locations: United States, Saigon, Beirut, Mogadishu, Kabul, Baghdad, Iraq, Grenada, Panama, Kosovo, America, Serbia, Vicksburg, ”

☆ Retiring abroad can mean more bureaucracy than bruschetta. But it’s growing in popularity
▼ + stars: | 2024-05-27 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +12 min

But while retirees might imagine spending their golden years full of pasta and palazzos, the realities of moving abroad are much less romantic. He didn’t think retiring abroad was feasible. Packing up shopAs America’s retirement crisis grows, so too does the dream of retiring abroad. “People need to think about estate planning, which is often different abroad,” said Brett Spencer, the founder of Impact Financial, a financial advisory firm that specializes in Americans living abroad. I think that’s the reality that a lot of people probably aren’t prepared for,” said Peddicord, who splits her time with her husband between Paris and Panama City, Panama.

Persons: Laura Barnett, She’s, Chris, Chris Barnett, didn’t, Laura, “, We’ve, ”, ” Chris, there’s, won’t, It’s, Brett Spencer, ” Spencer, he’s, Italy Patience Dunbar, Charles Ippoliti, Patience Dunbar Patience Dunbar, Charles, they’ve, Patience, Giorgia, We’re, you’ll, Kathleen Peddicord, Peddicord, don’t, Jacki Dahl, Bill Dahl, Bill Organizations: New, New York CNN, US Department of Defense, CNN, Gallup, Social, Impact, Invest Overseas, “, ”, Rocky, Expiatorio Locations: New York, Kentucky, Poitiers, France, Fayetteville , North Carolina, Portugal, Aveiro, Europe, Monmouth, Italy, Arona, Milan, Oregon, Kansas, United States, Paris, Panama City, Panama, States, Reno, Guadalajara, Mexico, ”

☆ I dined on my first tasting menu on a recent trip to Panama. The splurge is my new favorite way to explore as a solo traveler.
▼ + stars: | 2024-05-26 | by ( Monica Humphries | ) www.businessinsider.com time to read: +6 min

This was my first night in the country, and it was also my very first tasting menu. He said 90% of the restaurant's ingredients are locally sourced, which means the menu changes throughout the year to highlight peak produce. The tasting menu was a great way to solve this dilemma. Plus, a tasting menu took the stress out of ordering. I'll admit that not every course on Intimo's tasting menu catered to my preferences; next time, I'll order the bass in Caribbean curry over the guacho.

Persons: —, I've, Restaurante, Monica Humphries, Carlos, Chombolín, Intimo, Alba, it's Organizations: Service, Business, ceviche Locations: Panama City, Tokyo, Panama, Alba, leche de tigre, Peruvian, Boquete, Panamanian, Caribbean

☆ Sudden container crunch sends ocean freight rates soaring, setting off global trade alarm bells
▼ + stars: | 2024-05-23 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +8 min

AFP Contributor | AFP | Getty ImagesA perfect storm in global trade is creating a shipping container capacity crunch, fueling a sudden and surprise spike in ocean freight rates. Xeneta ocean freight rates show the rallying spot market and the widening spread between spot and long-term rates. An increase in ocean freight rejections shows the imbalance. Logistics price increases are ultimately passed onto the consumer and the dizzying freight rates during the pandemic were among factors cited by the Federal Reserve as a cause of inflation. The International Chamber of Shipping, which represents major ocean carriers, did not immediately respond to a request for comment.

Persons: Emily Stausbøll, Stausbøll, Goetz Alebrand, Alebrand, Judah Levine, Freightos, Levine, Wan Hai, HLS, Drewry, Jonathan Gold Organizations: AFP, Getty, U.S ., Xeneta, DHL, Shipping, Americas, DHL Global, CNBC, Federal Reserve, Orient Star Group, MSC, Chamber of Shipping, Honour, Carriers, Maritime Locations: Qingdao, Shandong province, AFP, Asia, U.S . West Coast, U.S, China, Malaysia, Singapore, Panama, Latin America, Europe, Chongqing, East Asia, South America, Africa, U.S . East Coast

☆ San José: Colombia launches expedition to explore 300-year-old Spanish shipwreck filled with sunken treasure
▼ + stars: | 2024-05-22 | by ( Heather Chen | Michael Rios | ) edition.cnn.com time to read: +3 min

The images will then be used to build an inventory of the archaeological discoveries on the seabed. But it has also sparked a multi-billion dollar legal battle. Colombia maintains that it first discovered the San José in 2015 with help from international scientists. SSA has launched a legal battle against the Colombian government in the Permanent Court of Arbitration, claiming it is entitled to approximately $10 billion – half the estimated value of the shipwreck’s treasure. The loss of the San José and its cargo was said to have caused financial hardships to merchants throughout Europe and the New World, according to reports released by SSA.

Persons: –, Juan David Correa Organizations: CNN, Colombian Institute of Anthropology, Wednesday, San, San Jose Galleon, SSA Locations: Colombia, Spanish, Caribbean, Cartegena, Colombian, Potosi , Peru, Panama, Cartagena, San Jose, José, Europe

☆ 3 reasons why buying copper right now is the best trade one commodity expert has ever seen
▼ + stars: | 2024-05-19 | by ( Filip De Mott | ) www.businessinsider.com time to read: +4 min

Copper "is the most compelling trade I have ever seen," Carlyle's Jeff Currie said on the Odd Lots podcast. He thinks the metal's massive mismatch in supply and demand could push its price up to $15,000 a ton. AdvertisementCopper supply issues are making the metal considerably more expensive, says commodities veteran Jeff Currie, who is very bullish on the opportunity. He later added: "I just quote many of our clients and other market participants say it's the highest conviction trade they've ever seen." Though not necessarily part of his acronym, artificial intelligence is also amplifying industry demand, Currie mentioned.

Persons: Carlyle's Jeff Currie, Currie, —, Jeff Currie, Carlyle, Currie —, Goldman Sachs, policy's, copper's, deglobalization Organizations: Industry, Service, Bloomberg, US, BHP Locations: China, Panama

☆ I spent a night in Panama's richest neighborhood, often called a 'little Dubai' or the 'Miami of Latin America'
▼ + stars: | 2024-05-19 | by ( Monica Humphries | ) www.businessinsider.com time to read: +1 min

Panama's Punta Pacifica skyline. From the coast, I could look out onto Punta Pacifica, where a grouping of tall buildings reached out to the clouds. McGowan said people always compare Punta Pacifica to dense cities like Miami, New York City, and Dubai. Central America Living refers to the neighborhood as a "mini-Dubai," and The New York Times said in 2014 that Punta Pacifica is "often called the Miami of Latin America." "I think Panama City and Punta Pacifica have matured enough now that it doesn't have to be compared.

Persons: Monica Humphries, McGowan Organizations: Pacifica, Punta Pacifica, Dubai ., Dubai . Central America, New York Times, Miami of Locations: Panama City, Miami, Casco Viejo, Panama, Punta, Miami , New York City, Dubai, Dubai . Central, Miami of Latin America

☆ How Trump’s first term may have laid the groundwork to make his radical immigration agenda a reality
▼ + stars: | 2024-05-19 | by ( Phil Mattingly | ) edition.cnn.com time to read: +17 min

Trump’s advisers don’t see their agenda as aspirational political messaging. “Think about the first term, but on steroids,” a former senior Trump administration official who is working outside the campaign to draft immigration policy options for a second term. In closed-door fundraisers, Biden has also called attention to the radical nature of Trump’s immigration proposals – something his 2020 campaign used to its advantage. It shouldn’t.”The dramatic scale of Trump’s immigration agenda would have a sweeping effect across the US, Schulte said – one that shouldn’t get lost in debates over his rhetoric. Once viewed as radical and relegated to the fringes of the GOP, Trump’s immigration agenda is now an animating force for most, if not all, Republicans on Capitol Hill.

Persons: Donald Trump, Trump, don’t, ”, “, Todd Schulte, Joe Biden, Stephen Miller, ” Miller, Sebastian Gorka, Trump’s, Miller, ” Trump, Eisenhower, Clinton, Karoline Leavitt, Leavitt, Biden Biden, Biden, Biden’s, would’ve, ” There’s, SSRS, ” Biden, that’s, ” Schulte, Schulte, –, shouldn’t, “ He’s, Steve Vladeck, “ That’s, Neil Gorsuch, – Brett Kavanaugh, Amy Coney Barrett –, Vladeck Organizations: CNN, Republican, Supreme, National Guard, Trump, Democratic, Trump White House, Refugee, US Navy, Pentagon, White, Border Patrol, Department, Office, Senate Democratic, Democrats, Gallup, Biden, ” Trump, GOP, Republicans, Capitol, CNN Supreme, University of Texas Locations: United States, Panama, Mexico, torpedoing, California, America, Michigan, Ohio

☆ Opinion: Israel could defeat Hamas in Gaza more quickly if the US didn’t hold it back, this military expert says
▼ + stars: | 2024-05-17 | by ( Hilary Krieger | ) edition.cnn.com time to read: +20 min

CNN: Do you think that Israel can defeat Hamas without conducting a ground invasion in Rafah? The fact is that Rafah’s where the hostages and remaining Hamas military power and leadership are believed to be, their rockets and weapons production and other capabilities, everything. CNN: Couldn’t Israel’s offensive still have the effect of creating more militants who are going to join Hamas and fight against Israel? But it’s also a very winnable war for Hamas at this point because wars are not determined just by military capability. The problem is that the international community pushed Israel into this framework of going slower, going methodically, evacuating every area beforehand.

Persons: CNN —, John Spencer, Spencer, John Spencer Spencer, He’s, ” Spencer, JACK GUEZ, they’ve, we’re, there’s, Couldn’t, David Petraeus, Petraeus, who’s, it’s, You’ve, Dawoud Abo, Israel, I’ve, Israel doesn’t, that’s, — we’re, they’re, would’ve Organizations: CNN, Israel Defense Forces, Hamas, Modern, Institute, IDF, United Nations Relief, Works Agency for Palestine Refugees, Getty, Israel, Nazi, Spencer, Shiva, Dawoud Abo Alkas, ISIS, UN, Gaza, Twitter, Facebook Locations: Israel, Gaza, Iraq, West, Rafah, Spencer, Israeli, Hamas, Gaza City, AFP, Iran, Palestine, Northern Gaza, Afghanistan, United States, Egypt, Sinai, Anadolu, Qaida, Mosul, Panama, Tokyo

☆ Latest shipping data reveals that mid-range retail is the new consumer price sweet spot
▼ + stars: | 2024-05-17 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +6 min

Almost 80% of current freight orders received for peak season are for mid-range price items, the survey shows. Similar to last year, respondents expect less consumer appetite for luxury and aspirational luxury items imported. The world's second-largest ocean freight company, Maersk, recently told CNBC it expected a "normal" peak season. "There's nothing that indicates that it would be a slower peak season or a bigger peak season," said Charles Van der Steene, president of Maersk North America, in a recent interview with CNBC. "We believe in normalized peak season.

Persons: Eric Thayer, Robinson, Kuehne, Nagel, Noah Hoffman, Hoffman, hypersensitive, Charles Van der Steene, We've, John David Rainey, Rainey, Larry, Jon Gold, Nate Herman, Biden Organizations: US, Bureau, Bloomberg, Getty, CNBC, Chain Survey, National Retail Federation, American Apparel and Footwear Association, United National Consumer Suppliers, ITS Logistics, DHL, Uber Technologies, C.H, Maersk, Walmart, Uber, International Longshoremen's Association, ILA, United States Maritime Alliance, Brands Locations: of Los Angeles, Los Angeles , California, U.S, Panama, Maersk North America, East Coast, Gulf, East, North America, West, Coast

☆ Heat Stress Is Hitting Caribbean Reefs Earlier Than Ever This Year
▼ + stars: | 2024-05-16 | by ( Catrin Einhorn | ) www.nytimes.com time to read: +1 min

As the world’s coral reefs suffer a fourth global bleaching event, heat stress in the Caribbean is accumulating even earlier than it did in 2023, the previous record year for the region, according to data made public on Thursday by the National Oceanic and Atmospheric Administration. “I hate that I have to keep using that word ‘unprecedented,’” said Derek Manzello, coordinator of the agency’s Coral Reef Watch Program. Officials said conditions were quickly changing to a neutral state, with a cooler La Niña forecast for this summer or fall. But right now, temperatures in the Caribbean off Panama, Costa Rica, Nicaragua and Colombia are hitting levels that previously haven’t been seen until weeks later, an ominous signal after the heat that ravaged reefs across the region last year. A study of the reefs off Huatulco in Oaxaca, Mexico, found coral mortality ranging from 50 percent to 93 percent, depending on the reef area.

Persons: “, ’ ”, Derek Manzello, El Organizations: National Oceanic, Atmospheric Administration, Reef Watch Locations: Caribbean, Panama, Costa Rica, Nicaragua, Colombia, Oaxaca, Mexico

☆ Copper futures hit record high as data center build-up, EV growth fuels demand
▼ + stars: | 2024-05-15 | by ( Lee Ying Shan | In Ying-Shan-Lee | ) www.cnbc.com time to read: +2 min

Copper futures hit a record high on Wednesday as demand for the base metal stays strong amid a rush to build data centers and the continued electrification of the global economy. It is integral to manufacturing electric vehicles, power grids and wind turbines, especially as the global economy electrifies. The International Energy Agency is expecting power demand from data centers to more than double to over 1000 terawatt-hours (TWh) in 2026 from 460 TWh in 2022. Copper production growth forecast for 2024 has been cut to 0.5% compared with a 3.7% growth estimated by ICSG last October 2023. Anglo American, a major producer, said it would cut copper output in 2024 and 2025 as it seeks to cut costs.

Persons: ICSG Organizations: Aurubis, Bank of America, International Energy Agency, Study, Quantum Minerals, Citi, London Metals Exchange Locations: Hamburg, Germany

☆ It sure looks like Mark Zuckerberg is taking a brand new superyacht out to celebrate his 40th birthday
▼ + stars: | 2024-05-14 | by ( Madeline Berg | Kelsey Vlamis | ) www.businessinsider.com time to read: +3 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewAll signs point to Mark Zuckerberg celebrating his 40th birthday on what many speculate is his brand-new superyacht Launchpad. But in the yachting world, where privacy is paramount, no party would confirm her owner. This story is available exclusively to Business Insider subscribers. Wingman, the support superyacht that he is suspected to have purchased with Launchpad, made the journey with her.

Persons: —, Mark Zuckerberg, Zuckerberg, Ruben Griffioen, eSysman, Autoevolution, Launchpad, he's Organizations: Service, Business, Meta, SuperYacht Times, Marshall Locations: Panama, Fort Lauderdale , Florida, Russian, Launchpad, Feadship's, Netherlands

Learn moreCountry star Morgan Wallen is continuing his tour throughout 2024, and tickets to his upcoming concert dates are getting snatched up quickly. We've got you covered if you're looking for ways to buy tickets to Morgan Wallen's 2024 concert tour. Morgan Wallen 2024 tour scheduleMorgan Wallen has 28 concert dates still remaining on his 2024 world tour. Compared to similar acts currently touring, Morgan Wallen tickets are relatively expensive. Of course, ticket prices for Morgan Wallen's 2024 tour vary depending on date, location, and demand for each show.

Persons: Morgan Wallen, Morgan, Morgan Wallen's, Post Malone, We've, Wallen, Bailey Zimmerman, Jelly Roll, Jon Pardi, Lainey Wilson, Parker McCollum, Nate Smith, Bryan Martin, Lauren Watkins, Larry Fleet, Koe Wetzel, Ella Langley, Ireland Ella Langley, Koe, Arlington , TX Parker McCollum Organizations: Business, Panama City Beach, SC, Ticketmaster, Glasgow, Gulf, Vivid, Fleet, Koe Wetzel, East Rutherford , NJ Morgan Locations: North America, Europe, Dublin, Ireland, East Rutherford, NJ, Ridgedale, Panama City, Virginia Beach, Myrtle Beach, Minneapolis, Denver, London, England, Tampa, Charlotte, NC, Arlington, TX, Kansas City, Vegas, Stockholm, Sweden, Oslo, Norway, Copenhagen, Denmark, Amsterdam, Netherlands, Glasgow, Scotland, Charlotte , NC, Ridgedale ,, Gulf Coast, Minneapolis ,, Kansas City ,, Las Vegas, Arlington , TX, East Rutherford , NJ, Virginia Beach ,, Arlington ,, East Rutherford ,, New Zealand, Australia, Canada

☆ I flew economy on Copa, Panama's flagship airline. My only regret was not booking it for a long-haul flight home.
▼ + stars: | 2024-05-14 | by ( Monica Humphries | ) www.businessinsider.com time to read: +1 min

I took a domestic flight with Copa and regretted not booking it for my longer, round-trip flight home. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . In Panama City, visitors can explore historic neighborhoods, try new cuisines, tour the impressive Panama Canal, and dance nights away on rooftop bars. This story is available exclusively to Business Insider subscribers.

Persons: — Organizations: Copa Airlines, Copa, Service, Business Locations: Panama, Panama City, It's

☆ I took a $30 ferry ride to Shell Island, an unspoiled 7-mile beach in Florida. It was one of the most beautiful places I've ever been.
▼ + stars: | 2024-05-13 | by ( Terri Peters | ) www.businessinsider.com time to read: +1 min

On a recent visit to Panama City Beach, Florida, I took a ferry ride to Shell Island. The $30 fare included tram transport to the boat dock and a ferry ride to and from the island. Shell Island was one of the most beautiful places I've seen in Florida, and I'd ferry there again. As a Florida resident, I'm always looking for new places to visit without traveling far from home. On a recent trip to Panama City Beach (PCB), Florida, I decided to visit Shell Island — known for its pristine beaches without souvenir shops, hotels, or restaurants — for the first time.

Persons: —, I'm Organizations: Panama City, Service, Shell, Business Locations: Panama, Panama City Beach , Florida, Shell, Florida

☆ I used to be a public school teacher. Now I work as a 'middleman' government contractor and can travel when I want to.
▼ + stars: | 2024-05-12 | by ( Ana Altchek | ) www.businessinsider.com time to read: +6 min

I used to be a special-ed teacher at a public school in Ohio, making around $50,000 annually. I work as a middleman, which means I'm the prime contractor and I bid on the opportunity. I've signed contracts in all kinds of sectors, including landscaping, HVAC cleaning, and construction. I put in about an hour of work on government contracting every dayI spend about an hour a day on government contracting. I have a team member that I work with now as well, and we work on finding opportunities, getting quotes, and submitting proposals.

Persons: —, Wes Fisher, I'm, I've, it's, texted Organizations: Service, Business, Forest Services Locations: Ohio, California , Nevada , Oregon , Pennsylvania, Florida, Louisiana, California, Utah, Panama, Dubai, Jamaica, Chicago, San Francisco

☆ A longevity businessman says he gained 10 pounds of muscle in 1 year with a simple protein equation
▼ + stars: | 2024-05-10 | by ( Hilary Brueck | ) www.businessinsider.com time to read: +1 min

Longevity businessman Peter Diamandis is working to combat the muscle loss that comes with aging. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . AdvertisementBusinessman Peter Diamandis is what you might call a longevity chaser. And, he's founded at least a couple of longevity clinics, plus a new $101 million XPRIZE for human healthspan. This story is available exclusively to Business Insider subscribers.

Persons: Peter Diamandis, —, He's, he's Organizations: Service, Business Locations: Panama City

☆ Home prices are falling in parts of Florida and Texas as buyers tap out and supply outpaces demand
▼ + stars: | 2024-05-09 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

Home prices are falling in parts of Florida and Texas even as they soar nationally. Sale prices only dropped in 15 of 221 metro areas last quarter, and five were in those states. High prices, steeper mortgage rates, and supply catching up with demand help explain the declines. AdvertisementHome prices are falling in parts of Florida and Texas as buyers tap out and supply catches up with demand. AdvertisementThe takeaway is that a combination of sky-high prices, steeper mortgage rates and other costs like insurance squeezing buyers' budgets, and supply catching up with demand has resulted in prices flatlining or falling in parts of Florida and Texas, bucking the national trend.

Persons: —, Fort Myers, Redfin, Coral Organizations: Service, National Association of Realtors, Fort, Fort Walton, Austin, Rock, NAR, Panama City, Homeowners, Federal Locations: Florida, Texas, Panama City, Crestview, Fort, San Antonio, New Braunfels, Lac , Wisconsin, Illinois, Kankakee, Rockford, Champaign, Urbana, Austin, Panama

☆ Ramón Fonseca, Cofounder of Law Firm at Center of Panama Papers, Dies
▼ + stars: | 2024-05-09 | by ( Leila Miller | ) www.nytimes.com time to read: +1 min

Ramón Fonseca, who co-founded the law firm at the heart of the Panama Papers leak, died Wednesday night, his lawyer confirmed, while awaiting the verdict in his money-laundering trial in Panama. Mr. Fonseca, 71, died after complications from pneumonia, his daughter, Raquel Fonseca, told the Spanish news agency EFE. Both Mr. Fonseca and Jürgen Mossack, who together founded the Mossack Fonseca firm, stood trial in Panama last month in relation to an explosive investigation published in 2016 by a coalition of news outlets that looked at 11.5 million confidential documents from the firm. During the trial, which began April 8 and lasted 10 days, prosecutors alleged that the firm had created shell companies with the purpose of hiding money that came from illicit activities. A total of 29 people — former employees of the now-shuttered firm and alleged conspirators — were accused of money laundering.

Persons: Ramón Fonseca, Fonseca, Raquel Fonseca, EFE, Jürgen Mossack, Mossack Fonseca, — Organizations: Mossack Locations: Panama, Spanish

☆ Shipping giant Maersk says Baltimore port reentry decision is near as collapsed bridge cleanup progresses
▼ + stars: | 2024-05-07 | by ( Lori Ann Larocco | ) www.cnbc.com time to read: +6 min

The remains of the Key Bridge in the Patapsco River entrance to Baltimore Harbor on May 2, 2024, in Baltimore, Maryland. Van der Steene says the Maersk team has seen less than 200 containers taken off the Dali over the last nine days. But based on North American freight orders from Asia, Van der Steene described 2024 as a "year of reinvigoration." Peak shipping season, which starts in June and continues through the summer for the back to school shopping and then the holidays, is expected to be normal in volume, Van der Steene said. "There's nothing that indicates that it would be a slower peak season or a bigger peak season," said Van der Steene.

Persons: Moller, Charles Van der Steene, Brendan Smialowski, Dali, Francis Scott Key, Van der Steene, Maersk, Kevin Dietsch, Van de Steene, Vincent Clerc, Good Hope, Chip Somodevilla, Van der Organizations: Maersk, Port, Unified Command, CNBC, Afp, Getty, Dali, Salvage, Francis Scott Key Bridge, North, Shipping, Imports, U.S Locations: Port of Baltimore, Baltimore, Maersk North America, Patapsco, Baltimore Harbor, Baltimore , Maryland, Port, Norfolk, Newark, Good, North America, Panama, Asia, U.S, Europe, Vietnam, China, Mexico, United States

☆ Panama elections: Mulino declared ‘unofficial’ winner of presidential election
▼ + stars: | 2024-05-06 | by ( Juan Carlos Paz | Mia Alberti | ) edition.cnn.com time to read: +3 min

CNN —José Raúl Mulino, a rightwing former public security minister, was declared the “unofficial” winner of Panama’s presidential election on Sunday, the country’s electoral court confirmed. “I receive with joy these results, which are the will of the majority of the Panamanian people in our democracy, which I assume with great responsibility and humility as a Panamanian,” Mulino said during his victory speech. He originally ran as the vice-presidential candidate of former President Ricardo Martinelli. After a court sentenced Martinelli to 11 years in prison for money laundering, Mulino moved to the top of the ticket. “To Ricardo Martinelli: my friend, mission accomplished Ricardo.

Persons: Mulino, Ricardo Lombana, ” Mulino, Ricardo Martinelli, Martinelli, “, Ricardo, ”, Matias Delacroix, Fitch, Panama that’s, El Nino Organizations: CNN, Central Locations: Central American, Panamanian, Nicaraguan, Panama’s, Panama City, Panama, Venezuela, Colombia

☆ Most Prominent Voice in Panama’s Election Isn’t on the Ballot
▼ + stars: | 2024-05-05 | by ( Leila Miller | ) www.nytimes.com time to read: 1 min

Panama is holding a presidential election on Sunday while facing an odd situation: The most prominent player in the race is not on the ballot. Ricardo Martinelli, a former president of the Central American nation and known to his supporters as “El loco,” or the crazy one, had been a top contender until he was disqualified because of a money laundering conviction. But from inside the Nicaraguan Embassy in Panama City where he was granted asylum, Mr. Martinelli has been strenuously campaigning for José Raúl Mulino, a former public security minister who was his running mate and took his place on the ballot. Mr. Mulino has led the polls in a field of eight candidates, vowing to return Panama to the economic growth it experienced under Mr. Martinelli, who was president from 2009 to 2014.

Persons: Ricardo Martinelli, El, Martinelli, José Raúl, Mulino Organizations: Central, Nicaraguan Embassy Locations: Panama, Central American, Nicaraguan, Panama City

Search resuls for: "Panama"

25 mentions found