Panama Papers Implicate World Leaders in Money Laundering

Panama Papers Implicate World Leaders in Money Laundering

On April 3, 2016, the Panama Papers were leaked, implicating many world leaders of money laundering. The International Consortium of Investigative Journalists (ICIJ) received more than 11 million documents, which the group has been examining from an anonymous source. The documents date back four decades and were linked to the Panamanian law firm, Mossack Fonseca. […]

Dispute Threatens Panama Canal Expansion Project

Dispute Threatens Panama Canal Expansion Project

A dispute between the Panama Canal Authority (ACP) and the consortium responsible for building a new set of locks on the system threatens the Panama Canal expansion project. The contract is already nine months behind schedule and with cost overruns piling up the contractor, Grupo Unidos por el Canal S.A. (GUPC), is threatening to stop […]

North Korean Ship Carrying Weapons to Cuba Raises Fears in US

The episode of the North Korean ship seized last Tuesday near the Panama Canal, carrying war weapons concealed within 10,000 tons of sugar, has up to now revealed itself to be more a drama than a danger. The specter of Pyongyang’s threats to strike the USA arose once more, anyway, in many minds. North Korea […]