President Martinelli has visions of beautiful clean beaches for Panama City. After visiting the Bay of Panama clean-up project, the president said that once the works are finished, the government “could give the bay a manicure and convert it to a beach,” like the ones in Miami. According to the Director of the National...
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Spanish Iberia airlines will begin direct flights from Madrid to Panama City, starting October 1. Previously, Iberia passengers traveling between the two cities would have to layover in either Miami, Costa Rica or Guatemala. The company will fly Wednesdays, Fridays, Saturdays and Sundays. Last March, President of Iberia Francisco Vazquez met with President Martinelli...
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The Economic Commission for Latin American and Caribbean forecasts a 40 to 50 percent increase in direct foreign investment for the region this year. Investment from overseas had fallen 42 percent from $131.9 million in 2008 to $76.6 million in 2009. The United States continued to be the biggest source of investment followed by...
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