Panama Extradites Former Mexican Governor Accused of Corruption. : Weekly News Roundup, January 5th, 2018

Panama Extradites Former Mexican Governor Accused of Corruption. : Weekly News Roundup, January 5th, 2018

Jan 5, 2018 | Panama News

Welcome to the Panama Weekly News Roundup! Here’s the latest.

Panama Extradites Former Mexican Governor Accused of Corruption

A former state governor for Mexico’s ruling Institutional Revolutionary Party (PRI) was extradited on Thursday from Panama to Mexico, where he faces corruption charges, Mexico’s attorney general’s office and secretary of external relations said in a statement.

Roberto Borge, who governed the touristy state of Quintana Roo from 2010 to 2016, was taken under strict security from the offices of Panama’s national police to an air force base, where he boarded a Mexican plane, local television footage showed.

Mexican prosecutors accuse Borge of using funds obtained illegally, embezzlement and abuse of public office. Borge has denied the allegations.

Source: Business Insider

South Korea holds Panama oil tanker suspected of trading with North

South Korea says it is inspecting a Panama-flagged oil tanker suspected of evading international sanctions by trading with North Korea.

An official from South Korea’s Foreign Ministry said the 5,100-ton Koti was being held at Pyeongtaek-Dangjin port on the country’s west coast. She did not elaborate on the specific activities crew members were suspected of.

The revelation comes days after South Korea said it was holding a Hong Kong-flagged ship and crew members over the transfer of petroleum products to a North Korean vessel in international waters in October.

Ship-to-ship trade with North Korea at sea is prohibited under UN sanctions adopted on September 11.

Source: The Daily Mail

Panama’s new canal and the Midwest

ore than a year ago, a supersized Panama Canal welcomed a modern generation of gargantuan ships. That would seem irrelevant to many of us in Chicago and the Midwest. Except:

This metropolis, this region, thrives on global trade — the export of what our people manufacture and grow, the import of goods that stock our stores and component parts for much that’s built here. So when a single construction project reshuffles how stuff glides around the planet, a disproportionate share of the impact will fall on this region’s trade-sensitive economy.

So far, Chicagoans and Midwesterners, so good. Retrofitting the canal for the 21st century was a huge and risky bet. The early evidence suggests it’s paying off for just about everyone. And with the healthy global economy driving markets for all manner of goods, there’s a strong chance an investment that cost this region next to nothing will deliver dividends here for decades to come.

Source: Chicago Tribune


Visiting Panama on a Budget? Here’s how to do it best!

Planning on moving to Panama or retiring in Panama? You’re going to want to visit first. For many people, budgets are tight when it comes to international travel, especially if you want to do a lot, and see a lot before making your decision to move. With so much to see in Panama, planning a full trip at a great price is important.

Luckily for you, it’s also very doable, and with just a bit of preparation, can be done without a hitch. From lodging to transportation, food and entertainment, and excursions for the whole family, you’ll be able to find the perfect exploration trip, without breaking the bank. Here are some tips on how to do it.

Source: International Relocation Firm Blog


International Relocation Firm Staff Writer

International Relocation Firm Staff Writer

As one of the leading Panama Law Firms, and one of the regions most reliable service providers, International Relocation Firm brings a wide range of professional knowledge to our clients needs. Our staff is made up of professional consultants, Panama attorneys and immigration specialists who are experienced in international relocation, and are experts in providing a seamless Panama immigration process.

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