The US Treasury has sanctioned Panama- and Greece-based law firm Karnakis and Karnakis, accusing it of creating companies to conceal ownership of vessels carrying Iranian-origin oil, chemicals, and steel.
The Panama Canal posted B/.6,600 million in revenue for fiscal year 2026, a 16.6% year-on-year increase, with transits and tonnage also rising between October 2025 and September 2026, according to preliminary figures.
PRD Deputy Benicio Robinson has proposed eliminating public financing for all Panamanian political parties and requested a forensic audit of how party funds were spent over the past 15 years, as the Electoral Reforms debate remains suspended in the National Assembly.
Parents and education experts in Panama are warning that the school system faces a dual challenge after the recent earthquake: helping students recover lost learning and addressing the emotional impact of the disaster as classes resume gradually.
