Panama

Latin America
9:49 am
Thu April 19, 2012

Cruise Ship Didn't Aid Drifting Boat, Passengers Say

Bird-watcher Jeff Gilligan snapped this photograph of a small boat in distress. Gilligan and others say the cruise ship he was traveling on did not stop to help the stricken craft.
Jeff Gilligan

Originally published on Fri September 7, 2012 5:09 pm

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Latin America
5:06 pm
Mon April 16, 2012

Panama Booms While Poor Watch From Afar

Tourists visit the San Felipe neighborhood in Panama City in December 2011. Panama is experiencing record economic growth, but many fear the benefits aren't trickling down to the poor.
Rodrigo Arangua AFP/Getty Images

Originally published on Mon April 16, 2012 6:12 pm

The Central American nation of Panama is booming. Fueled by a multibillion-dollar expansion of the Panama Canal, a thriving banking industry and capital flight from Venezuela, the tiny nation has the highest economic growth rate in the hemisphere.

But even as the government builds a subway system and markets the country as a tropical paradise for multinational corporations, not everyone is sharing in the prosperity.

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