Reported 1 day ago
A dispute between President-elect Donald Trump and Panama regarding the control of the Panama Canal is adversely affecting the nation's financial assets. Following Trump's threats to reinstate U.S. control if transit fees are not reduced, Panama's bonds declined significantly, raising concerns among investors. This situation exacerbates Panama's existing financial challenges, particularly after the closure of a major copper mine and multiple credit rating downgrades.
Source: YAHOO