Former Panama president’s sentence stands, likely dooming election prospects
Panama’s Supreme Court on Friday rejected the appeal of former President Ricardo Martinelli, who was convicted of money laundering in the media company case, likely keeping him out of this year’s presidential race. The court confirmed Martinelli’s 10-year prison sentence handed down last year and ruled that he is ineligible to run in Panama’s presidential […]
Red Sea, Panama Canal issues are worse than people realize, expert says
Check out what’s being clicked on FoxBusiness.com Logistics experts say the problems affecting global trade, particularly the Houthi attacks in the Red Sea and the Panama Canal drought, are far more serious than many realize. The disruption could be widespread and could lead to further product delays in the U.S. over the coming months as […]
U.N. Warns Global Trade Being Strangled by Red Sea Attacks, War in Ukraine, and Low Panama Canal Water Levels
The United Nations warned consumers around the world on Friday to prepare to start paying more for almost everything, if they haven't already started. The grim prediction was that attacks in the Red Sea, the war in Ukraine, and the declining waters of the Panama Canal would disrupt global trade, and that the increased on-costs […]