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Colombia arrests business moguls in ‘Panama Papers’ probe

October, 5 2017 (Colombia reports) Multiple top businessmen were arrested in Colombia Wednesday for alleged crimes of fraud and money laundering that came to light through investigations related to the “Panama Papers” scandal. Six business managers were arrested and another nine were charged for financial crimes committed through boutique Panamanian law firm Mossack Fonseca. At [...]

Maduro Narco-Nephews Lose Appeal in the US: Life Sentence for Drug-Trafficking Stands

Octuber, 4 2017 (Panampost) Despite the best efforts of the Venezuelan presidential family’s “narco-nephews” defense, they were unable to reduce the severity of their clients’ sentence. The prosecution requested life imprisonment for Efraín Antonio Flores Flores and Franqui Francisco Flores de Freitas, and that request continues in force after the narco-nephews lawyers failed to convince [...]

Colombia’s rebel ELN begins first truce in over half a century

October, 1 2017 (BBC) Colombia's largest active rebel group, the ELN, has begun a temporary ceasefire with the authorities - for the first time in more than 50 years. The truce began on Sunday and is set to extend until mid-January. President Juan Manuel Santos says he hopes it will serve as a first step [...]

Venezuela’s Maduro thanks Putin for support in difficult times

October, 4 2017 (Reuters) Russian President Vladimir Putin (R) shakes hands with his Venezuelan counterpart Nicolas Maduro during a meeting at the Kremlin in Moscow, Russia October 4, 2017. REUTERS/Yuri Kadobnov/Pool MOSCOW (Reuters) - Venezuelan President Nicolas Maduro on Wednesday thanked Russian President Vladimir Putin for his political and diplomatic support in difficult times. “I [...]

Oil-Rich Venezuela Plunges Into Gasoline Crisis as PDVSA Production Plummets

September, 28 2017 (Panamanpost) Venezuela’s state-owned oil company PDVSA is to blame for the country’s gasoline shortage, as it is only producing 15 percent of the national demand for fuel, according to the President of the Venezuelan Federation of Petroleum Workers, Iván Freites. He said two of the country’s major refineries, Amuay and Cardón, aren’t [...]

Ex-Odebrecht Official Confirms Paying US$16 Million Bribe to Ecuador’s Vice President

September, 28 2017 (Panampost) A top executive with the Brazilian construction company Odebrecht has come out in confirmation of claims that Ecuador’s Vice President Jorge Glas accepted bribes on government contracts. Former Director of Odebrecht, José Conceição Santos, said he paid Glas US $16 million through the Vice President’s uncle, Ricardo Rivera. Two million dollars [...]

Colombian air force kills dissident Farc rebel leader

September, 28 2017 (BBC) A leader of a dissident Farc rebel group has been killed in the Colombian province of Guaviare, the country's ministry of defence has announced. The man, who used the alias Euclides Mora, was kicked out of the Farc last December with four other rebel leaders for not agreeing to the terms [...]

Brazil poll shows Temer approval plummets on new graft charges

September, 28 2017 (Reuters) BRASILIA (Reuters) - The approval rating for Brazilian President Michel Temer’s scandal-plagued government has sunk further since new corruption charges were brought against him, and 92 percent of Brazilians do not trust him, a new poll published on Thursday showed. The survey by pollster Ibope said the number of people who [...]

Espionage, Murder, Bribes: The Perilous Life of Journalists in Mexico

September, 19 2017 (Panampost) By Fernando Valdés In Mexico, freedom of expression is fully recognized by the law, and in day-to-day life it seems to be absolute; however, this is only true until the moment when truth clears the blurry line between what is political and what is criminal. Murder “Beware. They are coming for [...]

U.S. not ruling out possible oil embargo on Venezuela: Haley

September, 21 2017 (Reuters) NEW YORK (Reuters) - U.S. Ambassador to the United Nations Nikki Haley said on Thursday a range of options remained on the table, including a possible oil embargo, if Venezuela did not move to restore its democratic processes. “There’s a lot of support in Latin America to see Venezuela start to [...]