El imperialismo ecolÃ³gico es una realidad. Sin embargo, muchos partidos de izquierda al ser ecologistas estÃ¡n convencidos de que no es imperialismo. Ya Hayek denunciaba que existÃa una imposiciÃ³n de paÃses ricos y contaminados que obligaban a paÃses pobres y selvÃ¡ticos a generar amplias Ã¡reas protegidas. Esto genera como dice don Alpiniano en El Tomismo DesdeÃ±ado unos beneficios a unas personas que no les corresponden, imponiendo cargas a otros que no las merecen. Sin embargo, luego de que en estos paÃses -como Colombia- nadie puede hacer nada, ni tiene cÃ³mo adquirir recursos para explotar sus ventajas ahÃ sÃ llegan empresas extranjeras que, haciendo convenios con el gobierno, adquieren los beneficios que los nacionales no han tenido.
Hace Murray Rothbard, citado por el instituto Mises Hispano una distinciÃ³n importante entre la sana inversiÃ³n extranjera y la alianza de empresas ricas con gobiernos ineptos pobres:
"Los conservadores norteamericanos insisten en particular en resaltar ante los paÃses retrasados las grandes posibilidades y la importancia de las inversiones privadas procedentes de los paÃses avanzados, y les incitan a crear un clima favorable a las mismas, de modo que no se vean sujetas al instigamiento de los gobernantes. Todo ello es muy cierto, pero, una vez mÃ¡s, a menudo es irreal, dada la situaciÃ³n de estos paÃses. Estos conservadores caen persistentemente en el error de no saber distinguir entre las inversiones exteriores legÃtimas del mercado libre y las basadas en concesiones monopolistas y en donaciones de vastas extensiones de tierras otorgadas por los Estados subdesarrollados. En la medida en que las inversiones exteriores se basan en monopolios y en agresiones contra el campesinado, en esa misma medida adquiere el capitalismo extranjero las caracterÃsticas de los seÃ±ores feudales y debe ser combatido con los mismos medios"
En este sentido, estoy de acuerdo con el artÃculo -y en contra del imperialismo econÃ³mico- en que el estado confunde inversiÃ³n extranjera con monopolio extranjero. Y el monopolio es desagradable venga de donde venga, sea el monopolio estatal tan "nacional", como cualquier otro. Por eso, cuando Robledo, senador del Polo, defendÃa a los arroceros por la imposiciÃ³n ridÃcula de tener que comprar nuevas semillas estaba promoviendo algo anarcocapitalista y liberal, aunque con argumentos de izquierda.
"Una variable importante sobre la determinaciÃ³n del precio en el mercado no regulado que debiera incluirse en estudios futuros son las expectativas climatolÃ³gicas; en la medida en que se espere una disminuciÃ³n del recurso hÃdrico, generarÃ¡ expectativas de aumentos en el precio.". http://revistas.upb.edu.co/index.php/cienciasestrategicas/article/view/1093/1313
" La coherencia del resultado se corrobora en el mes de enero de 2014, donde se aprecia una caÃda grande en el precio producto de la entrada en operaciÃ³n de El Quimbo y Sogamoso, las cuales en conjunto aumentan la oferta de electricidad en 1220 MW" http://www.redalyc.org/pdf/1552/155226077004.pdf
El sistema de energÃa que nace con las leyes 142 y en concreto 143 de 1994 tiene muchas deficiencias. Aunque la L143/94 trataba de dar paso a un modelo mÃ¡s parecido al de un mercado, esa distinciÃ³n del mercado regulado del consumidor de energÃa hace que nos saquen un ojo de la cara porque sus precios estÃ¡n muy por encima de los de bolsa; aunque relativamente influidos por ellos como lo mostraba el profesor John Jairo GarcÃa. El modelo aunque avanza hacia tratar de liberar lo que considera de mercado y regular lo que considera "monopolio natural" se queda corto. Pero realmente si hay algo aburrido es la regulaciÃ³n del sistema de energÃa, como todas las regulaciones. Hablemos mÃ¡s bien de leyes bonitas, las del "fatum" o de la naturaleza... las humanas dan asco.
"Yet the Government is neglecting simple options to raise power supply - like reducing the high level of losses in transmission and distribution, which run at about 16% of power generation and amount to some 10,000 GWh per year - more than four times the energy production of El Quimbo."
Casi todas las citas salen de internet asÃ que si no refiero la fuente, estÃ¡ el link. Las formalidades APA o lo que sea me parecen demasiado engorrosas para escribir informalmente. Con el internet deberÃa bastar con el link. El Ãºnico libro que cito, con todas las normas mamonas para probar su existencia, es:
Se trasladÃ³ a Maui en 1974 y desde entonces ha ejercido numerosas profesiones, incluyendo entre otras muchas la de fotÃ³grafa submarina, empresaria o profesora de primaria.
Coincidiendo con la ediciÃ³n revisada y actualizada de Viviendo en la Tierra en el aÃ±o 2000, Alicia hizo una gran gira musical de promociÃ³n por Estados Unidos. Desde entonces Alicia vive entre Estados Unidos, PanamÃ¡, EspaÃ±a y especialmente JapÃ³n, paÃs en el que goza de un enorme reconocimiento y en el que continÃºa realizando numerosas actuaciones musicales y colaboraciones artÃsticas para libros, publicidad e incluso para diseÃ±o de moda.
"VIVIENDO EN LA TIERRA es toda una experiencia vital. Nos presenta toda la informaciÃ³n principal del Whole Earth Catalog con la calidez y el sentimiento que una chica con un melÃ³dico y apasionado nombre como Alicia Bay Laurel puede poseer. Es como una carta interminable que Alicia te escribiera sÃ³lo y Ãºnicamente a ti." --The Village Voice.
âVer, tocar o acariciar VIVIENDO EN LA TIERRA es maravilloso. Sus dibujos y diseÃ±os irradian calidez, simplicidad y sinceridad. El libro en sÃ es un objeto que induce a la serenidad y a la buena voluntad. Su informaciÃ³n es realmente Ãºtil para todo aquel que desee disfrutar de las cosas buenas de esta vida en cualquier parte del mundo." --Raymond Mungo, The New York Times Book Review
Il 30 ottobre 2013 la scenografia e gli abiti della nostra Aida sono stati inviati a Panama per una rappresentazione di Aida patrocinata dal consolato italiano a Panama e dal Teatro Nazionale di Panama. Noicattaro era rappresentata da Angela Gassi, costumista,Â Damiano Pastoressa,Â direttore degli allestimenti e Michele Lisi,Â scenografo.
Seja na praia, campo ou cidade, lembre-se que você está de férias. Precisa relaxar, descansar o corpo e deixar a alma fluir levemente. É hora de largar o salto alto dentro do armário, a maquiagem pesada e usar roupas leves e confortáveis. Mas para isso não precisa perder a vaidade e nem ficar circulando com trapinhos.
LOOK 1:Para sair por aí explorando novos lugares, sugiro uma mochila descolada, shorts jeans mega confortável, aquela blusinha que você não quer tirar do corpo e nos pés, uma sandalinha, rasteirinha ou um tênis bem cool. Lembre-se do chapéu para proteger do sol. O escolhido da vez foi um modelo tradicional que veste super bem com roupas básicas, estilo panamá com detalhe rendado.
LOOK 2: Para aquele rolezinho de final de tarde na praia, que tal um vestidinho listradinho? Nada de excessos, só com a carteira de mão para levar os apetrechos necessários e o inseparável chapéu fedora.
LOOK 3:Precisa fazer compras? Então investe no vestidinho básico liso e curto, maxi bolsa dupla face para levar tudo e mais um pouco. Se joga nas sandálias tipo alpagartas ou tênis no modelinho básico. E claro, leve um chapéu clarinho para ficar com look discreto.
LOOK 4: Macaquinho está em alta neste verão, pode usar na cidade ou praia, qualquer lugar veste bem. Para deixar o look mais moderno e jovem, combine a bolsa carteiro pink com chapéu pretinho que não tem erro.
LOOK 5:Vai para uma baladinha ou happy hour? Então vale investir um pouco mais na produção, sem perder o conforto. Se a balada for direto da praia, leve sua maxi bolsa ou então troque por uma carteira de mão. O Chapéu Rodeo Drive já fala por si só, pura elegancia. E para finalizar um macacão grafite, confortável e sexy.
I failed miserably in the two learning targets I set myself when I arrived here - mastery of the French language (I get by but am by no means fluent) and competence at drumming (I've managed to fit in two lessons in over six years). But I have learned a number of things, some about myself and some about Africa.
I learned that I'm not as emotionally self-sufficient as I'd always thought - that I need people. My first couple of years were really quite lonely, until I worked out that the best response was not to try to toughen myself up so I could cope better but to go out and find friends.
I learned that I'm not a very compassionate person. I care about injustice towards groups of people and want to do my bit to put that right, but I don't cry over the suffering of individuals nor do I give and share what I have in the way that Africans (and some Europeans/Americans) do. I don't feel sympathy when I see someone begging, I just feel a need to try to change the system. It's not a trait to be particularly proud of, but then again it is one that makes it easier to cope with a job like mine where you do witness a lot of suffering.
& I learned (or rather confirmed my suspicion) that I am physically suited to the environment here. I love the heat - don't miss winters, or indeed seasons, at all - and my only illness during my time here was the bronchitis I picked up on a winter trip to the US and a touch of flu in my first month here. Not only have I avoided malaria but I haven't even suffered one bout of diarrhoea in more than six years here!
As regards Africa and its people? Well, I've learnt that it is a highly materialistic society and with conspicuous consumption preferred over savings or investment, that Africans of different shades of brown and black can be far more racist (towards eachother) than any whites I've ever met, that things will happen when they happen no matter how many times an impatient white person looks at their watch in irritation, and that when things appear to have gone wrong, there is always a solution, especially when Africans spot a white person in need.
I've learnt a lot about the huge importance of the obligations that come with the extended family system, and the way in which this system is a strong barrier against Africa developing on the same path that the West has. On the one hand it works against people building up the kind of wealth necessary to build businesses, as the more one earns the greater the number of family members who come calling for help; I don't think I have any African colleagues who don't spend a significant proportion of their income supporting their extended family. On the other hand this means that what we in the West would call corruption and nepotism (those with power using it to favour/benefit family and friends) are in Africa normal and acceptable forms of behaviour. I'll never forget the dinner in Mali where I heard a government minister tell some friends that he was going to resign as he couldn't cope with the constant demands for money and jobs from his family and community. Taken up to the next level - the tribe - this also explains in large part why Western-style democracy does not really work in Africa.
I learnt that every sub-Saharan African, whether Christian, Muslim, atheist or animist, believes in a spirit world. This world operates in parallel with the material world but with the ability to interfere in the latter for good or evil. Typical manifestations of this belief include the protective amulets worn by many people and widespread accusations of witchcraft to explain what we would call bad luck.
Finally, I learned about a very important existential difference between the West and Africa - or, more accurately I suspect, between the West and rest of the world - in the way we look at a human being. In the West we focus almost entirely on that person as an individual, with rights and choices that attach to him/her as an individual. Here in Africa, that is not important. A human being is not seen as an individual but in terms of their relationship to others. So one is a mother, a sister, a chief, a Christian, a member of a certain tribe...
I recently spent a few days in an African household, where I was soon referred to as "aunty", the usual term for a respected (older) family friend; there was no way I would have been called by my name. Birthdays are not celebrated here either.
Of course those relationships carry obligations and expectations (built up in the culture over many generations) which are considered far more important than anything the individual concerned might prefer were they to be given free choice. It shows what a clash of cultures it is to try to impose individual human rights (eg the right of a child to go to school rather than to help with the family business, or the right of a man to live and sleep with another man rather than to marry a woman and to produce children) on societies where the happiness of the individual is considered far less important than the well-being of the community. Particularly in a part of the world where it is believed that failing to maintain the traditons of the ancestors is likely to bring misfortune.
It's ironic really that one of the things many expats relish, myself included, is the freedom from expectations and obligations that we have through living outside of our own cultures.
Unless anything momentous happens in the next 48 hours that has to be reported here, this is my last post on louiseinsenegal. Hopefully it won't be long until my first post on louiseinpanama.
The trouble with working on a fixed term contract is that there comes a time when you have to move on. My five-year contract in Senegal was extended to a sixth year, and then to a seventh, but seven is the maximum allowed and I am already several months into my seventh year, so when a suitable post was advertised in Panama (the same job that I do here but covering our Latin America region) I really had little choice but to apply.
I was successful, and within the next couple of months (I don't yet have a transfer date), I will be leaving my beloved West Africa.
Of course my new region will be full of delights. New landscapes, new birds, new cultures, new music... Many things that I should be so excited about. & I guess that, in time, I will be excited about them. But now all I can think about is how much I will miss Africa. How much I love Africa. How challenging and frustrating it can be, and how long it took me to find my place here but how happy I am now that I have found it.
Don't post comments about any of the delights of my new region or of the advantages of living in Panama, because I know all that, and at the moment it makes no difference. That isn't to say you should be sad for me... I am busy trying to see the last few corners of this region that remain unexplored (the Benin voodoo festival, and next month the Bissau carnival), to make the most of the little time that remains and to celebrate and be thankful for the wonderful years I have spent here. I have been very lucky to have the opportunity to explore a region of the world that so few people know.
âDead zones are hypoxic (low-oxygen) areas in the world's oceans and large lakes, caused by "excessive nutrient pollution from human activities coupled with other factors that deplete the oxygen required to support most marine life in bottom and near-bottom water.â [US National Ocean and Atmospheric Administration]
Every Northern Hemisphere Spring this dead zone occurs in the Gulf of Mexico and increases in size over time.
Oxygen-starved coastal waters are rapidly increasing in prevalence worldwide. However, little is known about the impacts of these âdead zonesâ in tropical ecosystems or their potential threat to coral reefs. We document the deleterious effects of such an anoxic event on coral habitat and biodiversity, and show that the risk of dead-zone events to reefs worldwide likely has been seriously underestimated. Awareness of, and research on, reef hypoxia is needed to address the threat posed by dead zones to coral reefs.
Degradation of coastal water quality in the form of low dissolved oxygen levels (hypoxia) can harm biodiversity, ecosystem function, and human wellbeing. Extreme hypoxic conditions along the coast, leading to what are often referred to as âdead zones,â are known primarily from temperate regions. However, little is known about the potential threat of hypoxia in the tropics, even though the known risk factors, including eutrophication and elevated temperatures, are common. Here we document an unprecedented hypoxic event on the Caribbean coast of Panama and assess the risk of dead zones to coral reefs worldwide. The event caused coral bleaching and massive mortality of corals and other reef-associated organisms, but observed shifts in community structure combined with laboratory experiments revealed that not all coral species are equally sensitive to hypoxia. Analyses of global databases showed that coral reefs are associated with more than half of the known tropical dead zones worldwide, with >10% of all coral reefs at elevated risk for hypoxia based on local and global risk factors. Hypoxic events in the tropics and associated mortality events have likely been underreported, perhaps by an order of magnitude, because of the lack of local scientific capacity for their detection. Monitoring and management plans for coral reef resilience should incorporate the growing threat of coastal hypoxia and include support for increased detection and research capacity.
Anyone still in favour of allowing an expansion of coal mining in the Galilee Basin, Queensland?
Anyone still comfortable with the amount of agricultural/industrial run-off into the Great Barrier Reef, marine protected areas and Australian coastal waters, which is allowed under state and federal policies?
Itâs not just our rivers and aquifers which are suffering from political inaction and vested interest greed.
The Australian Governmentâs OzCoasts website states:
A reduction in dissolved oxygen concentrations is amongst the most important effects of eutrophication on aquatic organisms . Hypoxia can cause direct mortality, reduced growth rates and altered behaviour and distributions of fish  and other organisms. In addition, bottom-water hypoxia can interact with elevated water temperatures at the surface to produce a "temperature-oxygen squeeze" effect, which can greatly reduce the amount of summer habitat available for some species . Eggs and larvae of fish (and crustaceans) may be particularly susceptible to this effect because these life history stages are less able to avoid unfavourable conditions, and because they live in near shore areas, such as estuaries, where too-high water temperatures and too-low oxygen conditions often occur . Changes in fish assemblages and crustaceans in response to hypoxia and & anoxia can render these organisms more susceptible to fishing pressure, and can increase the abundance of non-targeted species in by-catch .
Dissolved oxygen status also influences the uptake or release of nutrients from sediment. When oxygen is depleted, the nitrification pathway is blocked, and efficiencies may be lowered. As a consequence, more nutrients (e.g. nitrogen and phosphorous) are released from the sediment in bio-available forms . These nutrients help to sustain algal blooms, and therefore continue the supply organic matter to the sediments . With organic matter (energy) diverted from invertebrate consumption to microbial decomposition, the natural pattern of energy flow is altered, and pelagic and opportunistic species are favoured . Indeed, an increased ratio of planktivore:demersal fish biomass is an important effect of eutrophication . Low bottom water oxygen concentrations are also conducive to the build-up of toxic compounds such as hydrogen sulfide and ammonia gas, which can also be harmful to benthic organisms and fish. Even short-lived anoxic events can cause the mass mortality of fish and benthic organisms .
Overall, anoxic and hypoxic events can cause large reductions in the abundance, diversity and harvest of fish in affected waters , and can contribute to an overall loss of bio-diversity. However, the extent to which bottom water anoxia causes declines in overall fish production depends on a balanced between the negative and positive and effects of eutrophication in the full spectrum of habitats within the system â¦â¦
Major research institutions, universities and government (local and State) agencies gather oxygen data for specific research studies. Some information on anoxic and hypoxic events in Australian coastal waterways was compiled during the National Land & Water Resources Audit. In most cases, no data was available. However, localised or short-lived periods of hypoxia were reported in the Derwent and Huon estuaries (TAS) and in the Tuggerah Lakes (NSW). Prolonged and extensive anoxia is experienced in the Gippsland Lakes.
12- to 14-Day Voyages Visit Destinations Throughout Central and South America, Alaska, Hawaii, the Caribbean and the Panama Canal February 21, 2017 â Carnival Cruise Line has expanded its popular Carnival Journeys enrichment cruise series with 13 new 12- to 14-day seagoing adventures departing from homeports along the East and West Coasts and the Gulf […]
Hace un par de meses proyectaron en el Cineclub Municipal "Hugo del Carril" de CÃ³rdoba (Argentina) "Invisibles: Una sola mirada y cinco historias", pelÃculaâdocumental producida por Javier Bardem y dirigida por Mariano Barroso, Isabel Coixet, Javier Corcuera, Fernando LeÃ³n de Aranoa y Wim Wenders, recientemente galardonada con el premio Goya 2008 a mejor documental. En la reseÃ±a que apareciÃ³ en el nÃºmero 55 de abril de 2008 del boletÃn "MetrÃ³polis" que edita el propio Cineclub, podÃa leerse lo siguiente:
INVISIBLES es una historia de historias. Un acercamiento a aquellas personas que residen en nuestro olvido. Un deseo de dar voz a varios de los que se quedaron mudos por la indiferencia. Y un humilde homenajea esas otras personas que nunca apartaron su mirada de ellos. Pero sobre todo es la voluntad de cinco directores por hacer visibles a sus verdaderos y Ãºnicos protagonistas, a aquellos que creemos y preferimos seguir creyendo invisibles.
"Es una falacia que se han inventado los grandes estudios para ahorrar dinero. Crean divisiones mÃ¡s pequeÃ±as en las que producen pelÃculas mÃ¡s baratas, a las que llaman independientes, y con esa excusa pueden pagar menos a actores y directores. Pero si luego deciden entrar en la carrera por el oscar, se gastan cuarenta millones de dÃ³lares en publicidad".
Hair metal is a loose term, as loose as the women in your average hair metal video (this kind of wit is prevalent throughout this blog, so pat yourself on the back, wise reader, for choosing to read this). But it's a term that usually garners at least a giggle from those who remember back in the day. These are the same giggles reserved for skyrocketing bangs, mullets, pink suit jackets with the sleeves rolled up, hoop earrings and thinking "Knight Rider" was a great show. Hair metal deserves better. I'm here to give it to you. We shouldn't have to be embarrassed about it. Take me. I have some culture in my music tastes. I've played Beethoven, Tchaikovsky and Mozart in symphony orchestras and Miles Davis in jazz bands. I've listened to many of the kings and queens of jazz and own many of their records. I have the box sets of Stevie Wonder, Steely Dan and Led Zeppelin. And yet I'm an unabashed fan of metal. Metal forever and metal for life and whatnot. That includes hair metal, which, despite its wild success at its peak, probably gets teased more than any other era of music except perhaps disco. And as a result I expect exactly two people to read this until the end, including me. But here you go. The top 25 hair metal songs of all time. I did have to leave out Hall Of Fame bands such as Iron Maiden, Dio, Dream Theater, Helloween, Queensryche, Metallica, Grim Reaper, Armored Saint, Judas Priest, Chastain (obscure band but one of my favorites, probably worth a blog post at some point) and Savatage because they're not really hair metal. They're not glam metal. They're not even hard rock. They are metal, and even if I preferred those bands growing up, that's not the point of this post. If there's any point to this post at all.
I tried not to repeat bands. That probably means leaving out a lot of great songs, but I was able to find a signature hit, at least in my opinion, from many key bands from the Spandex Era.
I also didn't put them in order. Maybe I should, but just to make this list is an honor. About as big an honor as a Grammy, I'm pretty sure. Speaking of Grammy, er, grammar, I have made the bands plural even though a band is a single entity. It's much easier to read that way. I apologize in advance.
Let's get to it:
â¢ "Live Wire" By Motley Crue â Motley Crue was the first hard rock/metal/hair metal band I ever got into. My neighborhood kid friends brought me a tape one day, and I listened to it with a sense of wonder, excitement and fear. The tape was "Shout at the Devil." It seemed kinda evil, and I remember, late at night, becoming a little scared at what bringing this group into my life could mean (I was, unfortunately, kind of a deep kid who overthought far too many things. You MAY be able to see the resemblance to the adult me now.) In fairness, I was in like fifth grade, and this group at the time had just opened for Ozzy Osbourne, who bit the heads off doves and bats and drank their blood like lemonade (at least that's what I heard). My parents didn't take us to church, but that pentagram and the lyrics "Shout at the DEVIL" still made me worry that I was going to want to sacrifice small, cute animals after listening to the tape.
Of course, I also remember thinking Metallica, when I first heard "Ride The Lightning," was just various recordings of coyotes. Fortunately I got over my pansy ways. Motley Crue was my first step.
I discovered "Live Wire" later, when you fall in love with a band and check out its older albums. Motley Crue has had many great songs. The first track off their first album remains their best, especially the remix that helped take out some of the sludgy production of the original.
Shit, this may be a long post. That was a lot of description.
â¢ "Foolin'" By Def Leppard â Def Leppard's "Pyromania" was one of my first hair metal albums, after the Crue's "Shout at the Devil." I got it in a six-pack of tapes I got from those music clubs that gave you 12 for a penny if you agreed to buy six more at regular (inflated) prices and sacrifice small, cute animals. My other tapes were The Police, Duran Duran and a bunch I can't remember, so you can see where my mindset was at the time. I think "Pyromania" is a nearly perfect hard rock album, and it's by far Def Leppard's best. Def Leppard was at one time a band that sounded like AC/DC, only with catchier melodies and a better singer, and it's a shame that they castrated themselves a bit with "Hysteria," a fine record with far too many ballads and the most overplayed song in history, "Pour Some Sugar on Me." The fact that I've heard that song approximately 40 billion times and my parents' radio station (KUDL, pronounced "cuddle") could play it because it was soft enough and catchy enough not to offend the menopause crowd and yet hard enough to make the station seem "edgy" eliminates the song from my top 25. It was hard to pick between "Photograph" and "Rock of Ages" and this one, but I remember adoring this song when I was younger, and so it wins, even if the other two songs are probably better. Yep, this post will be long. Sorry.
â¢ "You Shook Me (All Night Long) By AC/DC â The OTHER most overplayed song in history, besides "Sweet Home Alabama," and there are many other AC/DC tracks I personally like better, including "Hells Bells," "Highway to Hell" and "It's A Long Way To The Top," but I believed this was the one song I could not leave off the list regardless of my personal feelings for it. It's proof that "hair metal" is a loose term because these guys were pretty much the OPPOSITE of a hair metal band. They were ugly guys who dressed like factory workers, save for Angus, who wore a schoolboy outfit that would probably get him arrested if he went anywhere but a concert hall. Yet this song helped kick off the catchy, radio-friendly-yet-hard-edged hair metal era because of its wild success. Basically every band tried to copy it. The band also featured a smoking hot blonde in the video. I can STILL see her riding that mechanical horse.
As an aside, KISS' "Rock and Roll All Nite," which compares favorably with this song in many ways (classic band, overplayed song loved by everyone, catchy as hell), is NOT on the list. It's a great song, but it's really not from the era. And the hair metal era, which boosted the careers of many older bands that actually got their start in the 70s (such as the Scorpions, Van Halen, Sammy Hagar, AC/DC and perhaps even Judas Priest and Iron Maiden) almost destroyed KISS. The band took off its makeup and made mostly forgettable records filled with songs like "Crazy Crazy Nights" and "God Gave Rock and Roll To You" that really sounded like a desperate uncle trying to fit in at one of his nephew's fun parties. Still...
â¢ "Heaven's On Fire" By KISS â This song was a glorious exception. It's my favorite song by KISS, and I really do love KISS. It's stupid as hell but even catchier.
â¢ "We're Not Gonna Take It" By Twisted Sister â I was trying to think of perhaps the worst hair metal band in the era simply in terms of ability. I came up with Krokus, Danger Danger and Britney Fox, but I still think Twisted Sister was probably the worst. "Stay Hungry" sounds as if it was played by a bunch of fifth-graders. And yet it's not only a good record, it's a classic. Why? The power of songwriting. Dee Snider was simply a great songwriter. He wrote "I Wanna Rock" and "Stay Hungry" and "The Price," and he wrote this insanely catchy number too, filled with attitude and one of the best choruses ever for a rock song. My DAD liked this one for God's sake. Dee was also a great metal singer. He didn't resort to the "balls in a vice" falsetto that so many other singers had to abuse to fit in. They had a good look, and their videos were hilarious. They didn't take themselves too seriously, a lesson I wish more metal bands learned. â¢ "Rock Me" by Great White â A nightclub fire, as horrible as it was, shouldn't mean we overlook this band. Yes, Great White was a ripoff of many better classic rock bands, and yes this song took pieces of a half-dozen Led Zeppelin songs and glued them together, but that still makes for a great song. This band was a bit more no-nonsense than most in the era and would have fit comfortably in the 70s. It has a solid greatest-hits collection, including three off "Once Bitten," the band's biggest album, and that's far more than most hair metal bands. I also liked "Desert Moon" a lot. â¢ "Rock You Like A Hurricane" by The Scorpions â The Scorpions are proof that hair metal or pop metal could be really good if a great band played it and wrote it. The Scorpions didn't need the hair metal era to be popular, though there's no doubt they benefitted from it, and here's exhibit A: This song is one of the best songs of the 80s, with perhaps the best opening riff of all the hair metal songs. It's so simple, too: Da-da-da, dudu, dududa, dadaaa. It's also heavier than you remember, and the video is almost kinda scary, not just the band writhing around a hot girl. The centerpiece from "Love At First Sting," a classic album. The Scorpions weren't flashy, attractive guys, but they had at least a dozen great songs, were a great live band (they were the best, I thought, when I saw "Monsters of Rock" with Van Halen and Metallica) and deserve a spot in the Rock and Roll Hall of Fame. â¢ "Out of Love" by Blue Murder â Who? Yeah, I know. Blue Murder was a trio led by John Sykes, who actually played guitar on Whitesnake's monster album, not the pretty boys in the videos. This album shows just what a good guitarist (and singer) he was, and it, quite frankly, rocked. This is a sappy ballad, but it's probably my favorite hair ballad ("Still Loving You" and "Home Sweet Home" are the only ones that come close; I really wasn't much of a fan of ballads). This band put out two albums (that I know of), but the self-titled one, the debut, is still worth owning. â¢ "Modern Day Cowboy" by Tesla â Tesla opened for Def Leppard on the Hysteria tour, and it was one of those glorious, rare times when I got my socks knocked off by a band I didn't know. They kicked Leppard's butt, and I bought the album the next day. It's still one of my favorites, and it ranks up there with "Appetite for Destruction" as a debut album by a hard rock band. This is the best track on an album full of great ones, including "Little Suzy" and "Comin' Atcha Live". â¢ "Down Deep Into The Pain" by Stevie Vai â Marginal hair metal, but Vai played on Whitesnake's "Slip of the Tongue" and David Lee Roth's debut and therefore had a big role in the hair metal era. This is Devin Townsend's debut as well, as far as I can tell, and he's a big name in metal today. I always liked Vai's "The Audience Is Listening" too. â¢ "Lights of Heaven" by Joe Satriani â Speaking of instrumental guitarists, here's the best, ever. He performed in this era, so I put him here. Satriani is famous for "Surfing with the Alien," but I think the album that spawned this track is better, and this is his best song. â¢ "Wild Child" by W.A.S.P. â I love W.A.S.P. Blackie Lawless was a strange dude, almost too strange, as the band's antics and acting as Tipper Gore's thorn overshadowed the fact that Lawless not only had a terrific metal voice, he wrote a TON of catchy, hard tunes. This is my favorite track, but there are many other great ones, including a song, "Helldorado," that the band released in 1999 (!). â¢ "Panama" by Van Halen â One of my best friends who enjoys this kind of music and is probably the biggest Rush fan ever says Van Halen was a hair band. I have passionately disagreed, but I'll give him this point: "1984" was basically a hair metal album, and so I've included what I think was the best track here. Man, "1984" was a great album: "Jump," "Hot For Teacher," "I'll Wait" and this song. Was "1984" Van Halen's best album? I think so. â¢ "Cherry Pie" by Warrant â I was not a fan of Warrant, just like I wasn't a fan of many of the marginal glam hair bands that played pop metal more watered down than a free casino drink. But Warrant redeemed itself with this outrageous, horrible hunk of cheese that just happens to feature one of the catchiest choruses in the history of hair metal. One of the best videos, too. I mean, at one point, the band hoses down the incredibly hot blonde. You know, cause she's SO HOT. Get it? I thought you might. P.S. I just watched the video. Yeah, it holds up even less than I thought. I really didn't think that was cool at one point, did I? â¢ "In My Dreams" by Dokken â If you overlook the fact that magazines loved to focus on the fact that George Lynch and Don Dokken hated each other, and if you maybe ignore the fact that Don Dokken had the personality of a moldy sponge, you'd be left with a pretty damn good hair metal band. Dokken was a terrible live band. You really could see why the guys hated each other, as there was no chemistry at all. Don, who I think was a lot older than he let on, came out for Dokken's Monsters of Rock gig, the same one I saw in Kansas City, and said "Hey, I smell some DOOOOOBAGE," and it went downhill from there. Even so, Jeff Pilson, the bass player, could sing, Don had a good hair metal voice and Lynch could really play. They also wrote some great songs. They would have a nice greatest hits collection. "Kiss of Death" is a close second. â¢ "Youth Gone Wild" by Skid Row â Skid Row holds a special spot somewhere in my cold metal heart not only for this killer, killer, killer song but for the fact that the band was set up to have a nice, long, cheesy career. The opening track of their debut was "Big Guns," a song about a woman's...never mind. Anyway, the band followed up with a second album, and it was the heaviest I'd ever heard from a supposed hair metal band. Seriously, some pretty fierce power metal bands couldn't match that guitar crunch, and Bach could always scream with the best of them. I'm convinced it destroyed their career, but I admire them for sticking to their roots and not putting out a featherweight product because that's what the label (and unfortunately probably the public) wanted. â¢ "The Final Countdown" by Europe â Abused by many sports teams now, this song featured the best keyboard riff in a hair metal song, like, ever. It's a good example of a riff really acting as the chorus, since there wasn't much of a chorus. They just sang the song's name over that sweet riff a few times. It worked, just as it did for "Layla." Unbelievably, Europe, not a great band by any stretch, did have another great song, this one on their first album, called "Wings of Tomorrow." Check it out. â¢ "All We Are" by Warlock â Warlock was heavier than most hair metal bands, but I still count it because the video for this song is candy-corn corny. Here's a secret: I really have a thing for metal chicks, and Doro was the metalist chickiest of all. Her pipes were as amazing as her blonde hair that went down to her waist. â¢ "Addicted to that Rush" by Mr. Big â Mr. Big hit it big with "Be With You," a pretty awful hair metal ballad that sounded like a ripoff of "More Than Words," Extreme's big one (which is a much better song, but it won't make this list either). But this song leads off their lesser-known debut album, and it's a shredder, something Racer X might have played (and I just looked it up, and sure enough, the band's guitarist, Paul Gilbert, played in it). Mr. Big also had Billy Sheehan and therefore had more chops in the cushions of their couch than even most power metal bands. â¢ "Cryin' in the Rain" by Whitesnake â I was a bigger fan of Whitesnake than the band probably deserved, though David Coverdale could really sing, and they had some good songs even before the monster self-titled album was released ("Slide It In," "Slow 'N' Easy" and "Love Ain't No Stranger" are three of the best). Yes, this album had many whoppers, but I always thought "Still of the Night" was too much of a Zep rip-off, and I never really forgave Whitesnake for releasing a remixed, poppier version of "Here I Go Again." So this is my pick, which features an incredible solo by John Sykes and some tour-de-force vocals from Coverdale. I really would have liked to have seen Tawny slither (see what I did there?) to this one. Whitesnake gets a lot of derision these days, and I have two theories as to why. The first is simple: The band name sucks. The second, I think, comes from the fact that many people love to make fun of this era, as I've said before. I can't blame them. This era, like Disco, really makes you wonder what the fuck we were all thinking. But like Disco, this era put out a lot of great music that's unfairly judged because of all the costumes and hair and overall silliness. Whitesnake absorbs quite a bit of that today because they weren't quite Bon Jovi, Def Leppard, Guns and Roses or Motley Crue, bands that people still love today without shame. But Whitesnake was bigger than most other bands such as Quiet Riot, Cinderella and probably even Ratt. They already were a fairly established band when "Whitesnake" was released, and that album sold millions and was huge. HUGE. So people remember them as much as Def Leppard, but they don't carry the same nostalgia as Leppard does and therefore people don't mind throwing darts their way. Whitesnake is probably the Village People of the hair metal era. We can be honest, though: Rudy Sarzo probably didn't need to lick the neck of his guitar in those videos quite that much either. P.S. After Tawny kinda wigged out and beat up her baseball husband, it took away a bit of the luster of her on that car, didn't it? Bowling For Soup's "1985" video nailed the parody. â¢ "Sweet Child O' Mine" by Guns and Roses â I honestly couldn't decide between this one and "Welcome to the Jungle" and "Paradise City" and "Rocket Queen" and...I think you get the point. What an amazing album. It still holds up today: Pull out the CD (oh don't lie, you do TOO still have it) and give it a whirl. I chose this song because Slash's solo is one of the best on any song, ever. Slash was hair metal's Jimmie Page, a guitarist who could play solos that matched the songs rather than tossing some fast scales and tricks around for 30 seconds. â¢ "Cum On Feel The Noize" by Quiet Riot â Yeah, it's a cover, but really, does anyone associate Slade with this song? (Slade had a big hit of its own. Remember "Run Runaway"? I do.) Quiet Riot proved it could write their own song with "Metal Health," but this by far their best single. Even the verses sounded as good as the chorus. I remember seeing them on the TV show "Solid Gold," and to their credit, they actually chose to play their song live, rather than just lip synch it like 95 percent of all the other groups. â¢ "You Give Love A Bad Name" by Bon Jovi â I didn't really get Bon Jovi, even if I thought "Runaway" was a good song. Bon Jovi seemed like a bunch of pretty boys that had zero good songs (besides "Runaway"), and yet all these girls wore their shirts and thought Jon Bon Jovi was dreamy. Then I heard this song and instantly loved it, and I could not BELIEVE it was Bon Jovi. So I sighed, bought the album, popped in the cassette and...wow, ticked off the hits, one by one. Sure enough, "Livin' On A Prayer," "Wanted Dead or Alive" and "Never Say Goodbye" (yuck) followed. Classic record. Easily one of the best from the era, and eventually that alone will put this band in the Rock and Roll Hall of Fame one day. I was sorely tempted to put "Livin' On A Prayer" in this list too but I wanted to follow my rule. I find it interesting that this band still seems to have major credibility. I realize Motley Crue and Def Leppard still tour, but I don't think there's any doubt that most people who go to those shows are there to see them sing their classic hits. Most other hair metal bands only tour small clubs or package themselves with other hair metal bands to land bigger concerts. But Bon Jovi is still seen as more than a nostalgia act and draws big crowds on its own. It had a big hit, "It's My Life," many years after this era (even though the song sounded like it came from the band's hair metal days). â¢ "Prime Mover" by Zodiac Mindwarp â What a name, right? Sometimes a band that has no business even making a record drinks some really good gin or smokes a magic mushroom and writes an incredible song that is far catchier than it should be. This is that song, a messy masterpiece that even manages to avoid many of the trappings of the hair metal era and therefore could honestly be on the radio today without too many giggles. â¢ "Round and Round" by Ratt â If you forced me to pick a favorite song out of this whole list, this might be it. There's some serious nostalgia here, as this was the first hair metal song that truly hooked me after I discovered Motley Crue and became more comfortable with listening to heavy metal, and the video STILL cracks me up. But it's still an incredible riff, terrific chorus and a great duel guitar solo. Perfect song. Ratt, like W.A.S.P., was a touch underrated. They had almost as good a catalogue as Def Leppard. Seriously. "Lay It Down" is another monster, and there are a dozen others, like "Way Cool Jr.," "Wanted Man" and "You're In Love." But Ratt never had one of those sappy ballads that drew in the girls, and the guys in the band had a bit of a creepy look to them. It seemed to me only the more serious hardcore metal chicks (and I dated a couple) really liked Ratt, whereas everyone, even the cheerleaders, liked Def Leppard. Whatever. That's what made me like Ratt even more.
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Ichiban- Manifest - 12
Gang Starr- You Know My Steez - Moment Of Truth
Geto Boys- Yes Yes Yall - The Foundation
Mos Def- Ghetto Rock - Sex Love Money Ghetto Rock EP
HiFidel Dj Crucial- Burn - Traveling Between St Louis And Chicago
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Krs One- Just Like That - 12 Single
Slick Rick OutKast- I Wanna Rock Freestyle - 12
Nice Smooth- Hip Hop Junkies - Aint A Damn Thing Changed
Diggin- Be A Father To Your Child feat Ed OG And The Bull Dogs - Park Jams Vol 1
KRSOne- Sound Of Da Police - Return Of The Boom Bap
Lords Of The Underground- Chief Rocka - Here Come The Lords
Immortal Technique- Rich Mans World - Occupy This Album
Us3- Cantaloop Flip Fantasia ReRecorded Remastered - Cantaloop Flip Fantasia ReRecorded Remastered Single
Paris- Change We Can Believe In feat Sandy Griffith - Pistol Politics
Lords Of The Underground- Tic Toc - Once Upon A Time In 94
RZA As Bobby Digital- You Cant Stop Me Now feat Inspectah Deck - Digi Snacks Bonus Track Version
DJ Quik- Born And Raised In Compton - The Best Of DJ Quik Da Finale
The Game- Anything You Ask For - GAME
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E40- Captain Save A Hoe feat DShot BLegit Suga T The Click - The Mail Man Original Master Peace
Slick Rick- Teenage Love - The Great Adventures Of Slick Rick
UTFO- Ya Cold Wanna Be Wit Me - Hits
Guru- Lost Souls - Jazzmatazz Vol 2 The New Reality
DJ Cavem Moetavation- We Are Because They Were feat Panama Soweto Molina Speaks Tajai Speech - The Produce Section The Harvest
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I will be staying in Panama just to overnight - arriving already in the evening - therefore I would like to have at least a glimpse of the Canal. Anyone know of an hotel from where I can see the canal? Already tried The Country Inns & Suites Panama Canal (Amador) and B&B La Estancia but they are fully booked. Albrook seems to have very bad reputation, any other advice? Consider that I am a woman travelling by herself...Thank you!
we are a traveling family with 3 kids and drove from Costa Rica to Peru.
we are selling our 4x4 1999 Mitsubishi Nativa which is in a GREAT condition and equipted with many additions for a great travel. the car has panamanian plate and the ownership transfer is very easy and simple.
the car includes a family tent, chast cooler, AC converter, great stero system, vehicle gear, we added a rear "cage" the securely holds the cooler and additional food box and more!!!
this is a great car to travel in this continent and you can find parts everyware! we never had any problem since, unlike other vehicles (e.g. from Europe), this car is common.
as for the car: 1999 Mitsubishi Nativa 4WD (4x4) Red color V6 3.0 Gasoline motor no mechanical problems whatsoever! Great condition great external and interior condition price: 11k USD-negotiable
so if you like to get more info and pics, let us know.
A few decades ago back on the mainland in rural north-west New York state my wife Linda and I did a website named The Gobbler. See TheGobbler. It followed a printed version that we put out eight times a year and distributed to local businesses and to subscribers through the 1990s:
The Gobbler was a seasonal & regional journal from the Chautauqua Lake area of New York with a
Green Philosophy towards nature, spirit, art and politics. The Gobbler was been part chronicle, part almanac,
part journal of fiction and even environmental newsletter.
The area we focused on was within what used to be called "courtin' distance" to our place in Panama, New York. "Courtin' distance" was how far a boy might travel to visit a girl and get back home to finish his chores before dinner. We thought that covered an area of about 50 square miles.
A lot of that area around our place was either state conservation land, trailers on old lots, and Amish or "English" farms. Some gravel covered roads near us had no power or telephone lines. You might see a horse and buggy there.
The point is that that is where we are headed back to - that is if we can survive the times we are in right now. Printed local publications, some telephone and maybe even telegraph communication. If we're lucky there will be some ham radios left too.
What there will not be are high resolution small portable screens with stereo sound and motion and touch detection that absorb hours of our days and know more about us than we do. We will more likely be using those Samsungs, iPhones and tablets for drink coasters and sushi plates.
Here in Hawaii, where there is close ground water (until the rain cycle fails,) all the added sunlight, humidity and CO2 which have created an environment that is causing the plants to grow like crazy.
Find a place and grow food now!
The moral of the story is to start growing as much food as you can immediately. Don't wait for the kids to be gone or retirement. Don't wait for the money to buy that homestead or farm. Join a community garden or start one.
We are getting closer to that time when the shipping containers crossing the the Pacific (on the water or in the air) won't be coming cheaply and reliably. When that occurs we will really be on our own.
A worldwide reset is on the way. When completed there will be far fewer people and much less available energy for getting work done. We will all be on our way to a life like the indigenous Hawaiians or the faithful Amish.
We will all be on a path back to something like the 17th to 19th century - if we're lucky. And it is going to take quite a bit of practice to get along in that world.
Getting a headstart is not only fair, it is required.
Hone your skills. As Dmitry Orlov said on several occasions "Collapse now and avoid the rush!"
Below is a video of a talk given by Orlov about that subject (less than two weeks after "3/11" the Fukushima Daiichi triple meltdown).
That gigantic Panama Papers leak revealing the sometimes shady tax haven dealings of the wealthy? If you ask the law firm the data came from, it's no leak at all... it's the fallout from an attack. Mossack Fonseca co-founder Ramon Fonseca tellsReuters that this "is a hack," not the action of of a rogue insider. His company even has a theory behind the hack that it's investigating, but he won't say what that is -- he'll only say that the firm has filed a complaint, and that there's a "government institution" looking into it.
In one of the biggest data leaks ever (even larger than the NSA wires leak in 2013), Panama-based legal firm Mossack Fonseca has seen 2.6 terabytes of its private data leaked to journalists. Shared with German newspaper Suddeutsche Zeitung, it was then spread to a wider network of journalists globally -- 370 reporters from 100 media organizations have looked into the leak for a year. The research has already unearthed that 12 national leaders, including monarchs, presidents and prime ministers, have been using offshore tax havens, including a $2 billion paper trail that leads to Russia's Vladimir Putin. Meanwhile, FIFA's attempts to clean itself up faces fresh criticism after the leak appears to connect executives being investigated to members of the ethics committee itself.
If you think that ex-dictator Manuel Noriega's lawsuit over his appearance in Call of Duty: Black Ops II is more than a little ridiculous, you're not alone. Activision has filed a motion to dismiss the former Panamanian leader's complaint before it ever reaches a courtroom, citing a California statute that prevent lawsuits threatening free speech. As attorney Rudy Giuliani (yes, that Rudy Giuliani) explains, it's "absurd" that a ruler convicted of crimes against his own citizens would demand compensation from a company that's exercising its civil rights. If Noriega won, he could set a precedent where historical personas and their families could ban appearances in any media format.
The studios behind the Call of Duty series may have garnered some extra sales by putting real people into their over-the-top shooters, but it looks like that strategy could land them in court. Former Panamanian dictator Manuel Noriega has sued the games' publisher, Activision, for using his likeness in Call of Duty: Black Ops II without his permission. He argues that he's entitled to damages because his presence both violated his publicity rights and helped "heighten realism," leading to added profits that should have been his.
Incredipede has wobbled its way to mobile, available now for $4 on the App Store and Google Play. The mobile version of Incredipede retains most of the pretty wood-cut art and graphics of the PC version, with only a few effects disabled, and it has a few improvements for touchscreens.
The "what's under my fat finger window," as developer Colin Northway calls it, allows players to make detailed adjustments to Quozzle, the game's creature, even on tiny screens.
"Building creatures in Incredipede is especially visceral on touchscreens," Northway says. "Pulling legs out of Quozzle with your finger feels wet and slimy. It adds a whole new dimension to the game and has made the sandbox my favorite mode."
Colin Northway and his wife, Sarah Northway, famously travel the globe while developing their games, and Incredipede mobile is no different. They shipped this one from a tiny island in Panama, and they've also sent out games from Mexico, the Philippines and Costa Rica. See beautiful photos of the Northways' adventurous indie lives in their Flickr album.
"I can watch any five-second clip and think about the amount of hours that were put into it to make it sound just that way."
Papo & Yo Sound Designer Brian D'Oliveira isn't exaggerating – he traveled to Panama to capture unique, authentic sounds for the game, with a pledge to not use any pre-existing or canned noises. If Quico, the main character in Papo & Yo, ran across a tile roof in the game, D'Oliveira and his team actually walked across a tile roof. The same went for mud, water, dirt, foliage, the ambient jungle noises, animal sounds and ticking cogs throughout the game.
D'Oliveira trudged through the tropics for some of the noises, and for others he brought the tropics to the studio, to record in a controlled, aurally clean environment. The result is a complex blend of nature noises, befitting an emotionally complex game. Papo & Yo is out now for PC, currently on sale on Steam for $13.50 through April 28.
Google has expanded its Maps traffic coverage before, but rarely on a grand scale. The search giant isn't standing on tradition this time: it just flipped on live traffic data for at least the major roads in over 130 cities. Most of the coverage centers around smaller cities in the US, although Google is tipping its hat to Latin America with first-time support for Bogota, San Jose (in Costa Rica) and Panama City. Coverage has also been improved in a dozen other countries worldwide. While the widened reach still won't ease the burden of anyone already caught in a traffic jam, any democratization of smarter driving directions is good in our book.
Today Apple launched the new iPad in an additional 12 countries around the world. While eleven of the countries -- Brunei, Croatia, Cyprus, Dominican Republic, El Salvador, Guatemala, Malaysia, Panama, St Maarten, Uruguay and Venezuela -- are relatively small markets, the new iPad also went on sale in South Korea, one of the most technologically advanced countries on the planet and one of the major tech markets in Asia. Check out the video below, first posted by Apple 2.0, to see South Korean Apple fans lining up for the new tablet at a local Apple reseller.
Apple's new iPad international rollout isn't done for the month either. One week from today on Friday, April 27, Apple will begin selling the new iPad in an additional nine countries: Colombia, Estonia, India, Israel, Latvia, Lithuania, Montenegro, South Africa and Thailand. The new iPad will then be available in 56 countries around the world.
Apple today issued a press release announcing the new third-generation iPad will go on sale in another twleve countries starting on Friday, April 20. Notably, one of the twelve is the important South Korean market. The other eleven countries include Brunei, Croatia, Cyprus, Dominican Republic, El Salvador, Guatemala, Malaysia, Panama, St Maarten, Uruguay and Venezuela.
Then one week later on Friday, April 27, Apple will begin selling the new iPad in an additional nine countries: Colombia, Estonia, India, Israel, Latvia, Lithuania, Montenegro, South Africa and Thailand. Both the Wi-Fi and 4G models will be on sale and available through Apple's online store and at select Apple Authorized Resellers.
The new iPad will be available in 56 countries around the world as of April 27th.
Apple is getting ready to add a whole slew of new locations to its iPhone 4S world domination plan. Starting November 11th, the company's latest smartphone will be available in Hong Kong, South Korea and 13 additional countries, including Albania, Armenia, Bulgaria, El Salvador, Greece, Guatemala, Malta, Montenegro, New Zealand, Panama, Poland, Portugal, and Romania. Pre-orders for those locations (save for Albania, El Salvador, Guatemala, Malta, Montenegro and Panama) will begin on the 4th. The handset is currently available in 29 countries -- that number will increase to more than 70 by year's end. Press info can be found after the break.
Our sister site Engadget reports that Apple is now offering unlocked iPhones in Hong Kong via its online store. HK$5,500 (≈ US$700) will buy you an 8GB model, HK$6,200 (≈ US$800) gets you 16GB.
The Apple Store's terms and conditions limit sales to individuals in Hong Kong only, but who knows what the gray market will bring.
Three Russian carriers will also begin selling unlocked iPhones on October 3, with the 8GB model selling for over US$900.
In related news, 29 new countries will begin selling the iPhone, some today: Botswana, Brazil, Cameroon, Central African Republic, Croatia, Dominican Republic, Egypt, Equatorial Guinea, Guinea, Guinea-Bissau, Ivory Coast, Jamaica, Jordan, Kenya, Latvia, Lithuania, Madagascar, Mali, Malta, Mauritius, Nicaragua, Niger, Panama, Qatar, Senegal, South Africa, Turkey and Venezuela.
CÃ¡ceres GonzÃ¡les, Daniel A. , Schulte, Katharina, Schmidt, Marco, and Zizka, Georg (2011) A synopsis of the Bromeliaceae of Panama, including new records for the country. Willdenowia, 41 (2). pp. 357-369.
Now being one of the world's most recognizable people, Daniel leads a somewhat normal life. He has made friends working on the Harry Potter films, which include his co-stars Rupert Grint and Emma Watson.
Several top global banks have made it into the press again â for the wrong reasons, reasons to do with international money laundering schemes. From facilitating trading with companies in sanctioned countries, to moving cash for Russian launderers to channeling Mexican drug money, these banks were caught and assessed steep fines by regulators. Even worse is the reputational damage that comes from not .
These banks probably thought they were taking the ârisk-based approachâ that is at the center of most anti-money laundering (AML) regulations and know your customer (KYC) appraoches. But were they doing enough? Did they truly know the customer, their business and the relationship? Did they understand who stood behind the customer â where the funds were coming from?
Over the past years, regulatory pressure on banks has increased and resulted in more sophisticated risk-based approaches that require banks to consider much more information on the customer and implement effective measures to mitigate risks. Still, financial institutions often fear that a customer does not want to open an account if they are asked too many questions. So they only ask a limited set of questions and check third-party data sources to enrich the data with information such as beneficial owner, and to check against:
But still thatâs not enough for an effective customer risk view. Financial institutions also have to classify a customer. Our recommendation is to use both:
Rules-based risk classification that can put somebody into a high-risk segment if, for example, you detect any kind of business relationship with a high-risk country, or if there is inconsistent information provided by the customer or detected about the customer.
Analytical methods to automatically find out if thereâs something unusual (e.g., similarity to a previously filed customer). These are typically based on AI.
But the classification shouldnât stop there. After onboarding, financial institutions have to have a transaction monitoring system in place to track each transaction for suspicious behavior. A mere rules-based monitoring should be complemented by powerful advanced analytics to be able to discover new, so far unknown patterns of crime.
Missing: An Enterprise Risk KYC View
Unfortunately, the important link between KYC actions during onboarding and the ongoing risk classification via transaction monitoring is still missing in many banks today. This causes two problems:
No risk classification on an ongoing basis, although any single transaction of a customer might have an impact on the customerâs risk situation
No detection of deviations in behavior when the customerâs real behavior does not match the KYC information and the information known about the customer
The result will be ineffective and inefficient controls with many false positives, and a heightened risk of missing the real unusual behavior for a client.
This is why we have not only integrated any kind of data into the KYC risk classification process supported by SironÂ® KYC, but also made any of the KYC information available in our transaction monitoring system, SironÂ® AML. This ensures our customers always know about the latest risk of any customer at any time.
Facilitating the entire KYC lifecycle process via modules of SironÂ®Anti-Financial Crime Solutions makes sure that the financial institution uses an audit-secure process at low cost that operates in the background and secures the reputation in an automatic and silent way.
Increased transparency on the customerâs business (especially in high risk areas) will be required soon. Looking at the upcoming 5th EU ML Directive we will see further data sources like central registries for beneficial owners and PEPs that also need to be integrated to track and manage customer risk throughout the life of the relationship effectively. Our job is to make this kind of enterprise-wide, cross-lifecycle view of a customerâs risk not only possible, but easy.
Researchers conducted a test of the new four-strain influenza vaccine, available for the first time this year, to determine how well it protected against the flu in young children. The four strain vaccine, which protects against four types of influenza–two viruses from the A class and two from the B class–does as good a job of protecting against flu than the three-strain shot, but is better at preventing moderate to severe disease than the traditional immunization. The international group of researchers, who described their findings in a report published in the New England Journal of Medicine, attributed the four-strain, or quadrivalent vaccine’s effectiveness to the fact that it contained both circulating B types of influenza. In previous years, in which only one of the B strains was included, the immunization had a 50-50 chance of being mismatched to the circulating virus, making it less effective. The scientists tested the quadrivalent flu vaccine in 2,379 children ages three to eight in Bangladesh, the Dominican Republic, Honduras, Lebanon, Panama, the Philippines, Thailand and Turkey and compared their rates of flu infection to a control group of 2398 children who received a hepatitis A vaccine. The study was sponsored by GlaxoSmithKline, which donated both vaccines for the trial. Compared to the control group, the four strain vaccine was 55% effective in protecting against flu. That’s similar to the efficacy of the three strain shots, but, the research team found, the quadrivalent shot was 70% effective in preventing more serious cases of the flu; most of the children who did get sick after getting vaccinated only had mild symptoms. The four-strain shot also resulted in 69% fewer medical visits, 75% fewer hospitalizations, 77% fewerÂ absencesÂ from school, and 61% fewer parentÂ absencesÂ from work. That’s an important benefit, since flu can result in lost school days for children and lower productivity for adults. “The efficacy of the vaccine was higher against moderate-to-severe disease–a potentially important end point associated with the highest clinical, social, and economic burden–than against illness of any severity,” the authors conclude.
Hats have gone in and out of fashion. In Greek and Roman times, the hat indicated freedom. In more modern times, the hat indicated your desire to stay out of the harsh frontier sun. What do hats mean now? I would like to think they still indicate a little about the person, even though we are in a "dressed-down" fashion trend these days.
The hat of all hats in my opinion is the fedora. Interestingly enough, the fedora was originally worn by women and soon adopted by men. Although, the fedora was not instantly iconic. It is rather a reaction of another hat, but more on that later. The fedora is a (typically) pinched front (tear drop usually) hat with a full brim that is usually pulled down over the eyes.
There are many variations hats (besides the baseball cap):
Porkpies (what Frank Sinatra wore and what you can stylishly get away with today without any undo pressure)
Standard Fedora (think Casablanca and a step up in class - if possible)
Hombergs (a favorite of Winston Churchill)
Bowler (left side)/Derby (right side and practically identical - just a rounder crown). One thing to note about the derby. It was originally the hat of a gentleman. With the coming of the frontier days and the introduction of a western hat, hat makers began to branch out and made a hybrid western derby, which was the birth of the fedora.
Panama - the classic from Ecuador. In fact, good panamas only come from Ecuador. Is there a better hat to smoke a cigar in? I think not.
Indiana Jone's Fedora (notice there is no "flip" to the back part of the brim)
Of course there is also the Western Hat and its many variations. I might get into that for a different post. Then there is the hooligan hat or driving cap or flat cap depending on where you are from. The fact of the matter is, wearing a hat is a style signature. You have to wear it with confidence. I think a lot of guys don't know how to wear anything but a baseball cap anymore (which should only be worn while playing or going to a baseball game in my opinion). Better yet remember when this was in style? LOL!
The sad thing is that visors persist in golf. Oh sad, sad days.
I digress; Here are some hat wearing guidelines to help you wear that stylish hat with confidence (hat etiquette):
Go to a haberdashery that will help you find a hat to fit not only your head, but your face.
Remove your hat when you enter a house, business, an elevator, or restaurant. Unless you really are a gangster or a cowboy, never wear your hat while having dinner.
Touch the brim of your hat when you meet a friend and raise the front of the hat when you meet a lady friend.
That's about it. Otherwise make sure to dust your hat off with a medium stiff bristle brush, store it on a hat block if you can or a hat hook otherwise and don't set the hat on a flat surface or you will ruin the blocking of the brim. Otherwise enjoy your new status in the world with a fine hat.
La eventual instalaciÃ³n de Sunrise Airways generarÃ¡ el primer desarrollo de una rÃ¡pida competencia en una ruta emergente. Por la caracterÃsticas del negocio de las dos empresas, la chilena LAW estÃ¡ llamada a mantener la posiciÃ³n privilegiada que actualmente ostenta. Sunrise Airways ofrece dos clases de servicios (First y Economy Class) en su Ãºnico aviÃ³n configurado para un total de 150 pasajeros.
Wanda Jackson- Lets Have A Party - Wanda Jackson
Ernest Gonzales- Self Awakening Faunts Remix - Self Awakening EP
- voicebreak -
Luther Vandross- Never Too Much - Never Too Much
Slow Magic- Toddler Tiger - Triangle
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Ryan Hemsworth- Shouldve - No Plans
Break Science- Once In A While feat Sonya Kitchell - Seven Bridges
Kill Paris- Baby Come Back kill Paris Remix - Kill Paris
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Harlem Underground Band- Aint No Sunshine - Harlem Underground
Elvis Costello The Roots- Stick Out Your Tongue - Wise Up Ghost
Alice Russell- Citizens - To Dust
Mayer Hawthorne- The Ills - A Strange Arrangement
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James Brown The Famous Flames- Try Me - Number 1s
Various Artists- Betty Wright Paralyzed - Eccentric Soul The Deep City Label
- Del - Sedayeh Del Funk Psychedelia And Pop From The Iranian PreRevolution Generation
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- Oh Ya Ya - Pop Yeh Yeh Psychedelic Rock From Singapore And Malaysia 19641970
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Tinariwen- Aghregh Medin Hassans Song - Emmaar
Compilation- Diddy Wah Diddy - Bo Diddley The Chess Box Box Set
Bob Dylan- Simple Twist Of Fate - Bob Dylan Live 1975 The Rolling Thunder Review
Damien Jurado- Suns In Our Mind - Brothers And Sisters Of The Eternal Son
Beck- Country Down - Morning Phase
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Lake- No Wonder I - Circular Doorway
Charlie Watkins- Back At The Station - The Cold Hand Of Justice
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House Shoes- The Makings - Doover Vol 1
Invincible- Spacious Skies - ShapeShifters
Gabriel Teodros- Computer Love - The Lost Files Of Getazia 13
B Lewis- Your Shoes Untied - Mercury Backburner
Kill Them With Colour- Bad Remix - 12
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Tampa Red- You Cant Get That Stuff No More - Sitting On Top Of The World
The Souljazz Orchestra- East Flows The River - Inner Fire
Quantic- Painting Silhouettes - Magnetica
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Various Artists- Antibalas Che Che Cole Makossa feat Mayra Vega - Turntables On The Hudson 4
Orgone- Cruel Intentions - Killion Vaults
The Whitefield Brothers- Joyful Exaltation feat Bajka - Earthology
Various Artists- Its A Shame - Studio One Funk
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- Two For The Time - Beats With Devotion
Aether- Orfeu Negro - Artifacts
Jesse Boykins III- B4 The Night Is Thru - Love Apparatus
Clubfeet- Cape Town Panama Remix - Heirs Graces The Remixes
AU- Get Alive - Both Lights
Alterfix- We Got The Skills - We Got The Skills
Qwel Maker- El Camino - Owl
- Snowball - Wwoz Sounds Of New Orleans Vol 38
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Delicate Steve- Wally Wilder - Positive Force
Brad Mehldau- Dear Prudence - Largo
The Blind Boys Of Alabama- I Shall Not Be Moved - Ill Find A Way
Dr Dog- Nellie - BRoom
King Khan The Shrines- Pray For Lil - Idle No More
Full Belly- Nairobi Sasquatch - New Voice
Moe- Okayalright - Wormwood
Ralph Stanley- Looking For The Stone - Mountain Preachers Child
Snubluk- Little Drops Of Poison Tom Waits Remix - Remix Tape Volume 1
DJ Cavem Moetavation- Artichoke Heart Chakra - The Produce Section The Harvest
Diplo- Will Calls Grizzly Bear Remix - Single
Patterson Hood- Fifteen Days Leaving Time Again - Heat Lightning Rumbles In The Distance
Water Babys- Binary Bird - Water Babys
West Water Outlaws- Real Killer Live Acoustic Bonus Track - Real Killer
Diane Coffee- WWWoman - My Friend Fish
Pretty Lights- Yellow Bird - A Color Map Of The Sun Deluxe Version
The Wood Brothers- Wastin My Mind - The Muse
The Babysitters- Spin A Top - Have A Seat
Jake Schepps The Expedition Quartet- Cousin Sally Brown - An Evening In The Village The Music Of Bla Bartk
The Infamous Stringdusters- Walking On The Moon - Silver Sky
Paper Bird- Past The Sky - Rooms
Ladysmith Black Mambazo WEnglish Chamber Orchestr- Homeless - No Boundaries
The Widows Bane- Schtucken Nist In Harts - Dont Be Afraid Its Only Death
Sharon Jones The DapKings- 100 Days 100 Nights - 100 Days 100 Nights
DeVotchKa- Sunshine - 100 Lovers
Dirty Few- Whiskey Business - Get Loose Have Fun
Thao The Get Down Stay Down- Brand New Key - The Feeling Kind EP
The Railsplitters- Longs Peak - The Railsplitters
Rubedo- Aint It Funny - Love Is The Answer
Faceman- Fullmetaljacket - Feedingtime
Equalibrum- Return Journey - Lift Off
The Dendrites- Sizzle - Ref 1
The Reminders- They All Know - Accumen1
Man Mantis- Maybe I Could Have Once - Sojourn 3 Single
Pizza Time- La Verdad - Quiero Mas
Cate Le Bon- Are You With Me Now - Mug Museum
RJD2- Ghostwriter Remix - The Horror Deluxe
Gregory Alan Isakov- Amsterdam - The Weatherman
Department Of Eagles- No One Does It Like You - In Ear Park
Foxygen- Bowling Trophies - We Are The 21st Century Ambassadors Of Peace Magic
New Riders Of The Purple Sage- Panama Red - The Best Of New Riders Of The Purple Sage
The Moondoggies- Dont Ask Why - Adis Im A Ghost
Steve Itterly- Whats The Point - Flirtin With Mermaids
Arctic Monkeys- Do I Wanna Know - AM
Metronomy- A Thing For Me Breakbot Remix - A Thing For Me EP
Esta fecha conmemora la fundaciÃ³n de la UniÃ³n de las RepÃºblicas Americanas, posteriormente llamada UniÃ³n Panamericana y a partir de 1948 OrganizaciÃ³n de los Estados Americanos (OEA).
Fue celebrada por primera vez el 14 de abril de 1931 como sÃmbolo de la uniÃ³n voluntaria de distintos paÃses del continente americano.
Actualmente, la OEA estÃ¡ integrada por mÃ¡s de treinta y cinco Estados que buscan consolidar una agenda con temas comunes. El espÃritu de esta uniÃ³n responde a la consolidaciÃ³n de relaciones diplomÃ¡ticas para velar por los estados de paz en el continente.
Marcela Duarte , colega de ZH que, como eu, gosta de fotografar gatos quando viaja, mandou sua contribuiÃ§Ã£o para a seÃ§Ã£o GATOS DE VIAGEM . Ela fotografou esses bichanos quando foi, recentemente, ao PANAMÃ . Embora adore gatos, nunca tinha me perguntado por que eles gostam tanto de lugares altos, como mostram as fotos da Marcela. Encontrei duas respostas razoÃ¡veis: 1 - Buscam lugares seguros, livres de ataques de quem quer que seja. 2 - Do alto, tÃªm uma visÃ£o melhor, podem observar o mundo e monitorar seu territÃ³rio. SÃ£o bons motivos, nÃ£o?
Interview of Robert C. Newcomb by Raimund E. Goerler
Newcomb, Robert C.
Robert Newcomb served as Navigation Officer on the icebreaker USS Glacier during both Operation Deepfreeze I and II to Antarctica. In 1947 he was commissioned an ensign in the U.S. Navy, and while assigned to the aircraft carrier, the USS Kearsarge, was introduced to the science of navigation, an interest he pursued for his entire career. After one year he was named executive officer and navigator, and later commanding officer, of the minesweeper, the USS Pigeon, during which time he mastered dead reckoning, as well as celestial and electronic navigation.
In 1955 Newcomb was named navigator of the USS Glacier, one of the largest and most powerful icebreakers built at the time. Its first assignment was to proceed to McMurdo Sound in Antarctica, with earlier stops en route at Panama and New Zealand. The voyage was very rough in the far southern waters; the ship would roll 65 to 70 degrees, but it performed splendidly. Patrick Maher was the Commanding Officer and was an experienced and effective skipper, well liked by his entire crew. Apart from Captain Maher, few of the crew had had any previous experience in Antarctica. The Glacier also transported several important scientists who planned to study flora and fauna in the oceans and on ocean bottoms. By and large the military and civilian personnel worked well together, although Newcomb noticed occasional minor tension between Admirals Dufek and Byrd.
As the ship approached Antarctica, navigation through the ice fields was a great challenge. Celestial navigation was useless in an environment of near or total
day light, as were magnetic compasses that far south. Dead reckoning had to be used. This too was challenging due to the need for constantly changing directions as the ship plowed through the ice. Another difficulty was that during Deepfreeze I and II most of the nautical charts were made from aerial photographs that did not show the depth of water. At times the ship had to break through ice ten to twelve feet thick.
On Deepfreeze I the icebreaker initially could not get within six miles of McMurdo Station, and the cargo had to be offloaded onto the ice for transport to the base. This too could be risky; once the driver of a D8 tractor fell through the ice to his death. The buildings for the base were pre-fabricated, and were assembled by Navy Seabees. No serious construction problems were reported. As for the scientists, they got busy immediately on their research projects.
Once the ship was unloaded, the Glacier moved about and broke ice for others as a need arose. It was called upon to free a New Zealand ship, the Endeavor from the ice. Much work was also done on taking soundings and updating navigational charts. Similar tasks were undertaken during Deepfreeze II. As a result of his excellent service in Antarctica, a small bay there was named in his honor. In the years since his service in Antarctica, Newcomb has maintained contacts and friendships with many of his colleagues from the two expeditions. He does not recall, however, that his service there had any great impact on his subsequent naval career. He regards the greatest accomplishments of his navy career as commanding a minesweeper at age 27, serving as commanding officer of a destroyer, and being the navigator of the Glacier.
Service aboard the icebreaker USS Glacier during Operations Deepfreeze I & II
Typical icebreaker challenges: Unloading cargo, navigation, moving through ice
Anecdotes from his days in Antarctica
Newcombâs long career as a naval officer
AGB, Icebreaker, US Coast Guard, p. 4
Byrd, Richard, Admiral, pp. 7-9, 15
CIC, Combat Information Center
Dufek, George, Admiral, pp. 7-9, 15
Kalb, Bernard, reporter, pp. 6, 10
Maher, Patrick, Commander of USS Glacier, pp. 3, 6-7, 9
Shoemaker, Brian, pp. 10, 20
Siple, Paul, p. 8
Tressler, Willis, oceanographer, p. 6
Interview of Donald McLean by Brian Shoemaker
Dr. Donald McLean, a medical doctor and surgeon, participated in the Ronne Antarctic Expedition during 1946 and 1947. After being interviewed by Finn and Jackie Ronne in Washington, D.C., McLean joined the ship in December 1946 for the voyage south to Antarctica. En route he visited Panama, Valparaiso and Punta Arenas. In Chile there was discussion about the wisdom of having two women, Jackie Ronne, and Jenny Darlington, wife of the pilot, Harry, join the expedition. In fact, they did so, and became the first women to over-winter in Antarctica. At first the two women were good friends, but when Finn Ronne demoted Harry Darlington as Chief Pilot of the expedition, even before the ship reached Antarctica, the womenâs friendship abruptly ended.
Approaching Antarctica, the ship anchored near Stonington Island. Admiral Byrd had established his East Base there previously, although it had since been abandoned, and was later ransacked by the Chileans and Argentines. There were 23 members of the Ronne Antarctic Expedition counting the two women. The British had already established another base just a quarter mile away. It had 13 members, including Bernard Stonehouse, an ornithologist. Ronne ordered the Americans to have little to do with the British.
The Americans, however, did need to use the British dog teams to run cover for the planes. Most of the dogs Ronne had brought from home had died en route. What was left of the American dog team was unreliable. The dog teams also functioned as potential rescue backups for the planes in the event of a crash. One British plane crashed and the crew was rescued. Several dog sled trips were made to different locations. One trip of about 400 miles lasted for eight weeks. McLean participated with the British in one survey trip of several weeks across the Palmer Peninsula. Control points were surveyed where caches, including 50-gallon drums of fuel, could be left to service the planes. The British dog team also proved invaluable when one of the Americans, Harris-Clichy Peterson, fell in a crevasse, and with the aid of the dog team was found alive and rescued two days later. He suffered no permanent ill effects. Nelson McClary once tumbled 50 feet over the edge of a glacier, but he too was rescued unharmed. In fact Mclean reports there were no serious injuries or any serious illness during the Expedition, although he himself once suffered a broken ankle.
The split between Finn Ronne and Harry Darlington caused tension in the camp. About one-third of the crew sided with the Darlingtons, about one-third with Ronne, and about one-third in the middle. Oneâs position at the dinner table was a clear indication of his personal relationship to Ronne. Darlington and Ronne always sat at opposite ends of the table. What Ronne really wanted from the team was âa great deal of respect, but didnât get it because he didnât seem to deserve it.â For example he resorted to petty punishments of his critics by taking away their jam and jelly.
Despite Ronneâs objections, McLean cultivated a relationship with the nearby British team, especially the British doctor, Dick Budson. The British were never invited to visit the American base, and there was never any mutual socializing on holidays such as Christmas or New Yearâs. McLean, however, visited the British base on several occasions for scones and tea. For many years he maintained a friendship with Kevin Walton. Years later, Walton gave McLean an American flag that he had stolen from the American base. McLean donated it to the Byrd Polar Research Center at Ohio State.
There were several principal scientists on the Expedition. These included two geologists, Bob Nickles and Bob Dodson; Andy Thompson, a geophysicist; and H.C. Peterson, a cosmologist. As for Finn Ronne, McLean said that he did a great job of organizing and planning the expedition, including fund raising, but he was very petty in his criticisms and not a great leader. He once drew a beautiful map of a penguin rookery McLean planned to visit, but usually he was not seen as a sharing individual or one who had warm feelings for others. He had a âtremendous ego,â and sometimes became emotionally upset. Typically he would turn his back and walk away from confrontational situations.
Most of McLeanâs usual duties were not related to medicine. Aboard ship he stood regular watch, and took care of the sick dogs. On shore he helped Andy Thompson with his seismograph recordings. He sought to keep in personal contact with all team members, including Finn Ronne. Ronne did not come to realize until the end of the Expedition how little respect McLean had for him. McLean was very close to Harry Darlington and Andy Thompson, and they remained friends for life. Ike Schlossback was a valuable member of the expedition. He had been a submariner and a pilot, and was always friendly and fair. Many years later he lived with the McLeanâs for two months before entering a retirement home.
The Ronne Antarctic Expedition ended in March, 1948, and arrived back in the states in June. Their departure from Antarctica was facilitated by the icebreakers Edisto and Burton Island. Had Jenny Darlington not been pregnant, the expedition might have stayed on an additional year. McLean returned to active duty in the Navy and served for two years in Greenland. He became a specialist in micro-surgery. After his service in Greenland ended, McLean left the Navy and went into private practice in Alaska. But he considers his polar experiences to have been instrumental in his later interests and successes in life.
Recollections of the Finn Ronne Antarctic Expedition, 1947-1948
Leadership style of Finn Ronne
Contributions of other team members of the Expedition
Personal interactions and occasional conflicts
Occasional contacts with a nearby British base, including use of their dog teams
Adams, Chuck, pilot, pp. 4-5, 10, 25
Budson, Dick, British physician, pp. 17
Darlington, Harry, pilot, pp. 2-5, 14-16, 18, 22
Darlington, Jenny, wife of Harry, pp. 2-5, 16
Dodson, Bob, pp. 9, 12, 27
Gutenko, Sig, camp cook, pp. 11
Lassiter, Jim, head pilot, pp. 4-5
Latady, Bill, photographer, pp. 3, 27
McClary, Nelson, pp. 2, 9-11, 17, 26
Nickles, Bob, geologist, p. 19
Peterson, Harris-Clichy, expert on cosmic rays, pp. 9, 19
Robertson, Jim, airplane mechanic, p. 3
Ronne, Edith âJackie,â wife of Finn, pp. 2-6, 16
Ronne, Finn, mentioned throughout document
Schlossback, Ike, pilot, pp. 3, 9, 22-24
Stonehouse, Bernard, British ornithologist, p. 7
Thompson, Andy, geophysicist, pp. 2, 11, 19, 21-11
Walton, Kevin, member of British Antarctic team, pp. 7, 17
Interview of John Hobbie Roscoe by Brian Shoemaker
Roscoe, John Hobbie, 1919-
John Roscoe, born in 1919, received an excellent education at Flushing High School in Syracuse, New York. He graduated from Syracuse University in 1940, and in 1941 earned a Masterâs Degree there in Geography under George Cressy. His plans for pursuing a Ph.D. at UCLA in the field of cartography, with an emphasis on aerial photogrammetry and photo interpretation, were interrupted when he was urgently recruited to join the Intelligence Office for the Army Air Corps. He remained there until the spring of 1943 working as an interpreter of aerial photographs. He also wrote the manual for aerial photo interpretation, and was one of the very first persons to see the aerial photographs of damage to Pearl Harbor and Wake Island.
In 1943 he was called to active military service as a Lieutenant in the Marine Corps. He continued his work as a photo interpreter at the Naval Photo Intelligence School. Later he was assigned to the European theatre of operations. He interpreted through aerial photographs the success of bombing raids in Germany, and he believed his team achieved a 99% success rate in interpretation.
Soon after the war ended, Roscoe accepted an Associate Professorship in the Department of Geography at the University of Georgia, but before the first semester ended he was recalled to active duty. He was ordered to join Task Force 68 already on its way to Antarctica. He joined up with Admirals Byrd and Quackenbush in Panama. Roscoe was the only qualified photo interpreter on the expedition, named Operation Highjump. Byrd hoped to photomap as much of Antarctica as he could. Roscoe traveled aboard the command ship, the Mount Olympus, one of thirteen ships in the 5,000 man expedition. As they approached Antarctica they discovered that several hundred miles of the Ross Sea were completely blocked with solid floe ice. The submarine, the USS Stennet, was so badly damaged by ice that it had to return to Panama for repairs. The only two icebreakers on the expedition left temporarily to free the Stennet, and several ships, including the Mount Olympus were locked fast in the ice. Eventually all ships made it safely to an area of open water in the Ross Sea.
Admiral Byrd flew into the base at Little America on the first plane. At the time, Byrd was at an advanced age, not well, retired from active service, and had no command. The two icebreakers, the USS Northwind, and the USS Edisto, had rejoined the expedition. Roscoe was a member of the initial landing party, a reconnaissance team, as it entered the abandoned base at Little America, established earlier by Byrd in 1939. The Seabees came next and carved a road through the ice ridges. Soon a tent camp was built, with five rows of ten four-man tents each. Each had a small pot bellied stove in the center. The mess hall was off to one side, and the airfield one-half mile away. Roscoeâs tent mates were Major Weir and Richard Byrd, Jr. Weir was head of the Marines that were flying. The Marines had two R4D aircraft; the Navy had four.
One of the great difficulties in getting aerial films was because of the magnetic situation so close to the Pole it was difficult to interpret flight directions accurately. The compasses were off on the planes. For safety reasons two R4D aircraft flew together on photographic flights so that if one of them went down, the other could radio for a search team. All of the R4Ds and the American Mariners, flying boats, had trimetrigon film and camera settings. Another plane used to photograph wildlife and glacial formations was the OY-1, a small, single-engine aircraft. Admiral Byrd consulted Colonel Roscoe about planning photographic flights, and interpreting the films later on. Some twelve correspondents, representing radio networks and national newspapers, were on the mission. Although the relationship between Byrd and Roscoe was tumultuous at times, on the trip home at the end of the expedition, Byrd named Roscoe his envoy to the Prime Minister of New Zealand. Roscoe,along with the twelve correspondents, were all given an extensive tour of New Zealand.
The expedition continued on to the United States. After the conclusion of Operation Highjump, Roscoe left the service, and worked in Navy Intelligence as a civilian. He worked for a time as the Navy representative to a military working group, the genesis of what in 1949 would become the Joint Staff of the military branches. Later he agreed to work as the Air Force representative on this committee.
Roscoe returned to Antarctica the following year as a member of Operation Windmill, to map âcontrol points.â These were needed to make accurate maps, and were points for which the exact latitude, longitude, and elevation had been determined. Two icebreakers, the Burton Island and the Edisto made the trip. Roscoe represented Naval Intelligence, but he went as a civilian. His principal responsibility was to interpret aerial photographs. He also constructed cairns holding metal claims markers (claiming certain territories for the United States) at various points along the coast, including Haswell Island, a penguin rookery, McMurdo Sound, and Victoria Land. He also landed on virtually inaccessible Peter the First Island. Here he collected a skua, and a Chinstrap penguin, both of which he later had stuffed. He also took home a female sled dog, who back in Washington gave birth to 16 pups. As a result of his work with aerial photographs he named several glacial ice floes.
Roscoe also visited Little America, now covered with ice since the previous expedition, Operation Highjump. The rows of tents and the R4D aircraft were all buried in ice. One aircraft engine was dug out and it worked fine. Also a Weasel vehicle was chipped out of the ice and it also ran well.
Once Operation Windmill concluded, Roscoe returned to duty with the Navy in Washington, D.C., and worked to assemble a bibliography on Antarctica that later was published. It categorized every expedition separately, including the old ones. As Operation Deepfreeze was being planned by Byrd and others, Roscoe, a civilian, was assigned by the Navy to work with Byrd. By then Roscoe and Byrd had developed a close working relationship. Byrd was a principal advisor in planning for the International Geophysical Year (IGY) in 1956-57. He returned to Antarctica in Deepfreeze I, but Roscoe did not, although he served as Byrdâs scientific and international affairs advisor. He made all the arrangements for the interchanges of people to send to foreign expeditions. In Washington he worked closely with Harry Dater, and Vi Malcolm, the last Commanders of the WAVES. Their office in Washington was in the Executive Office Building, next to the Blair House, and across the street from the White House. On his final trip to Antarctica, Operation Deepfreeze I, Byrd was accompanied to Antarctica by Paul Siple. Roscoe remained in Washington to run the office. Byrd became ill while there, cut short his trip, and after his return home he died in April, 1957.
Shortly before the death of Admiral Byrd, Roscoe resigned from Civil Service and accepted an attractive position with the Lockheed Corporation. He designed the photographic system for the first American satellite. The Russians had just launched their Sputnik satellite. Roscoe never returned to the polar regions. He recalled various ways his polar experiences had affected his life. He found the Antarctic continent absolutely beautiful. It went beyond âblack and whiteâ colors since there were many shades of white, all of which Roscoe had learned to interpret as he studied aerial photographs. He also had become acutely aware of the dangers of the continent. He used the data he gathered there to earn his doctorate from the University of Maryland in 1952. His six-volume dissertation was on the morphology of the Antarctic continent. He used Operation Highjump photographs plus some others. He also edited a 5000-entry bibliography on the Antarctic in 16 languages.
Roscoe also served as Vice President of the American Polar Society from 1957 until (at least) 2002 (the date of this interview). Roscoe continued to add to his impressive polar library, and suggested that he might be willing to donate it to the Byrd Polar Research Center. He suggested names from time to time for Antarctic features. He cooperated with publishers of such projects as Burrellâs Board of Place Names and Geographic Names of the Antarctic. He served on the Board of the Polar Times, and occasionally contributed to an article. A glacier was named for Roscoe. Since his retirement from Lockheed in 1982, Roscoe has developed an interest in history, and has done much reading and some research on the Crusades and the Knights Templar. He has also been an active member of the Masons.
Details about Operations Highjump, Windmill, and Deepfreeze in Antarctica
Role of Admiral Richard Byrd in Antarctic explorations
Pioneering role of Roscoe in interpreting aerial photography in Antarctica
Personal and professional challenges in Antarctic exploration
Contributions of various participants in Antarctic exploration
Roscoeâs post-polar career at Lockheed and elsewhere
Apfel, Earl, geologist, p. 51
Behrendt, John, member of IGY expedition, p. 55
Butters, [?], Captain USMC, pp. 63-64
Byrd, Admiral Richard, mentioned throughout
Byrd, Richard, Jr. pp. 86-87
Chaney, [?], Admiral Byrdâs Chief of Staff, p. 36
Cox, Charles, p. 18
Cruzen, Richard, Admiral USN, p. 12
Darlington, Jenny, pp. 55-56
Dater, Henry âHarryâ, pp. 74, 76-77, 91-92
Dufek, Admiral George, p. 88
Frazier, [?], deputy commander on the Burton Island, pp. 51, 53
Fuchs, Bunny, p. 110
Gooderham, pp. 12-13
Gould, Lawrence, Antarctic explorer, p. 65
Hillary, Sir Edmund, p. 111
Howard, August âArtâ, founder of the American Polar Society, pp. 28, 112-14
Ketchum, Hank, commander of the icebreaker Burton Island, pp. 51, 53
Law, Phil, pp. 102-03
Lyon, Waldo, pp. 18-19
Mawson, Douglas, Australian polar explorer, pp. 101-02
Pearson, Drew, Newspaper columnist, pp. 45, 64
Peterson, Pete, physicist, pp. 55-56, 68-69
Quackenbush, Robert, Rear Admiral USN, p. 12
Ronne, Finn, explorer, pp. 54, 68
Ronne, Edith âJackie,â wife of Finn, pp. 54-55
Shinn, Gus, pilot, pp 41-42
Shirley, Charles, chief photographer, p. 15
Siple, Paul, geographer, pp. 26, 36-37, 74, 76-77, 88, 112
Siple, Ruth, pp. 26-27
Sullivan, Walter, science writer, pp. 23, 25
Victor, Paul Emile, French pilot and explorer, pp. 75-76
Weir, [?], Major, pilot, pp. 35, 37, 64
Wilkins, Sir Hubert, polar explorer, pp. 19, 102
"I was at the end of my rope. I couldn't dodge it any longer. My copy of Fuse was eying me, begging me to review it, but I had one last shot. The last ace up my sleeve. I jumped over the couch in slow motion as my mom asked me what the hell I was doing as HEALTH starts playing."
This is my review of Max Payne 3 for PC.
"Scott Shelby from Heavy Rain? Man, the guy just couldn't catch a break, but he caught my bullets."
Max Payne 3 is a third person shooter. It's not action adventure, as there's no puzzle or platforming elements. There's no branching story, and the HUD is so minimalistic that it's actually less visible than even the darkSector HUD. It's linear with tightly closed off levels and uses set piece moments as if it were Uncharted. How on earth could I possibly give this game a 10/10? Well, to put it simply, because Rockstar shows Naughty Dog and its copy cats how to do a linear third person shooter right. With style, originality, and a freshness that's like a shock to the brain and will probably make some shooters look downright bland by comparison.
It's not even appropriate to cal the game a third person shooter. You certainly are in an over the shoulder shoot out in every level, but the approach is far more cinematic while still retaining substance. Rather than just give you recharges to your bullet time meter every so often, the game only rewards it for keeping the fight pressing the fight by firing bullets at enemies while dodging theirs either by using the bullet dodge move (effectively a slow motion jump in any direction that gives you free bullet time even if you lack it, but also leaves you potentially vulnerable due to moving) or holding out behind cover. Headshots give an instant boost, and you can chain them together using bullet time to make Splinter Cell's Sam Fisher and his Mark and Execute move look like a cheat code.
Likewise, while Max may be on a linear path, he can effectively try to use anything as cover, be it by crouching or by using the soft-cover button. Combining this with the liberal use of free aim (your aiming reticule is always a single centered dot in your vision that goes red when targeting enemies) makes battle strategies far more varied. If you get knocked down with painkillers (the game's version of medkits), you even go into Last Stand mode where your next bullet, if it hits your killer, will revive you and give you a fighting chance to survive. You can also carry two pistols at once along with a single two handed weapon -- which inexplicably has to be dropped if you want to dual-wield your pistols. Do yourself a favor on PC and reassign the the key 3 to the two handed weapon instead of the dual pistols, otherwise you will likely drop your rifles without wanting to. This allows for a variety in weapon selection, although weapons are limited to only a few options per level, so you don't ever feel overwhelmed with choices.
"It was in that moment, I realized the horrible truth. The windows weren't glossy, they were just that filthy..."
The game strongly encourages you come to terms with its unique control scheme and options, as ignoring them often seriously hinders your ability due to just how damn unforgiving the game is.I tried at brief points to not predict enemies and just play it like a standard shooter, and often was met with three bullets to the face. You have to use every advantage Rockstar gives you, especially considering how cut throat and aggressive the AI is. They will flank you, they will use grenades (which you inexplicably don't have access to in the singleplayer campaign), and they will kill you. They will kill you, a lot. I'm saying that as a guy who waltzed through Dead Space 2 on Hardcore across two different platforms, who usually is first to third place in Killzone 3 multiplayer, and who beat Dark Souls' first boss without dying. This game, will steal, your lunch money. It will beat you down, but it will be, nine times out of ten, very fair about it. There are a few cheap shots that test your reflexes or require you know a pill container is around a corner that you never noticed, but most of the time, it's purely your own failure -- a good example being when you enter Last Stand mode, but realize your gun is out of ammo because you were spamming it wildly or weren't paying attention, leaving you to die anyway despite the chance at salvation.
Not only is this not a bad thing, it's a great thing, as the game provides a sense of challenge I thought developers had long since forgotten. This is a modern Wolfenstein. However, it is not a heartless game, as it will help you if you repeatedly fail at a section. Two deaths bring you back to full health and with a small portion of bullet time -- enough to get one headshot if you're quick. Repeated deaths beyond this slowly net you painkillers and more bullet time. I learned how the system worked during a shoot out in an office where I was low on health and severely out matched. It took nearly seven if not more tries to survive, even with the bonus painkillers. (Note: I have not tested this on Hardcore difficulty)
The change in how I played the game from beginning to end was astounding. As a beginner, I might try to just turtle it out at the door way, but as a pro, I could use bullet dodge, get behind a desk, use burst to spam a line of bullets from my handheld machine gun into the nearest gun toting gang members, and then duck for cover as their buddy comes up with a shotgun, firing bullets over the cover with blindfire to keep him at bay. You learn to predict your shots, aim faster, and respond to situations far more actively and intimately than the standard fare of run and gun. It pays to practice and experiment, especially considering you can gain experience for the game's other modes while playing the singleplayer campaign, and that's not the only thing you'll find while playing.
"For the life of me, I couldn't quite figure why they kept this section, but I trudged on like the drunk I was."
Throughout the game, you can collect evidence that provides narrated exposition about various aspects of the story, similar to Bioshock's audio tapes but far more organic and congruent to the present situation. The entire main plot is narrated by Max, but as a result his actual present persona has very little to say for a significant part of the campaign. Max is content to sit back, drink, and pop pills until the shooting starts. Once it does, rarely does anyone saying anything but screams or necessary dialogue -- maybe a moment of snark here or there but thankfully no Nathan Drake level of talking that makes you wonder how anyone even is focusing on the battle.
The main story thread is a solid one, excluding an awkwardly paced set of New Jersey flashbacks and a mission in Panama that literally seems to serve no purpose beyond padding out the game and turning two characters into a different light that could have been done in a far more time-efficient manner. This isn't to say these sections are bad -- there's no real part in the game I could particularly look back to and say "no, that was AWFUL, skip that" -- but they feel misplaced, as if Rockstar was in the middle of editing when 2K burst in and told them to get it out the door (considering the delays, I doubt this was the case). Most of the characters who stay alive for more than two chapters some how relate to the conspiracy building around Max. We know from the beginning that he's being played, but by who and why is left to your guess until near the end of the second act, when it starts to become very clear both who is trying to pin the blame on you and why they are willing to throw a veritable army's worth of goons at you. If only your partner Passos stopped calling you "bro" so often, and if we had less interludes of Max drinking, it might be a narrative on par with Bioshock Infinite (it certainly is more cohesively put together), but those few hang ups may not matter to you.
An important side note I want to bring up: I have a friend who actually lives in Sao Paulo. While at present he's only seen press video of the game's portrayal of his home city, he has stated that they are generally accurate, except that the favelas (poor areas) are not nearly in as bad a state as shown in the game. However, if they were to say this game is set in Rio, it would apparently be 100% accurate. If he has any further comments on the matter I will update this particular paragraph of the review and if necessary the score according to what he finds when he finally plays the game.
And dare I say it, the set piece moments in this game do help sell the story. Not because they are specifically beautiful or amazing, but because they continue the inventiveness and challenge of the core gameplay. Most of them require you pull off an insane amount of kills in a brief amount of time using specific weapons while moving -- feeling more like elaborate bullet dodge moves with scripted changes. A sequence where you snipe aboard a helicopter early in the game in particular was stand out, although it hardly compares to some of the final levels. There is one section in which you have a large airport terminal to shoot through. and it is probably one of the best unscripted third person sequences ever imagined, let alone executed perfectly.
"The easter egg flew past, and was gone in a moment."
This isn't all that there is to Max Payne 3 though. While the solid story campaign will keep you playing for easily over twelve hours, there are three additional modes of play, two of which come free and out of the box. Arcade Mode puts you through the same missions that you've played before, but with various variants, such as completing each level in under a minute (headshots give you time boosts of six seconds), meeting specific challenges that push your strategies to the limit, or being able to place your own modifiers on each level -- with everything from a black and white aesthetic and old school controls to explosive bullets and rampaging lone wolf AI enemies. You can gain experience in this mode as well as perform "grinds" (see: Achievements) that impact your unlocks in the final free mode, the multiplayer mode.
Gamers wary of multiplayer added to normally singleplayer games should not be worried -- this isn't some basic Call of Duty rip off, nor is it a half-baked idea like Dead Space 2's competitive multiplayer. This is a fully fleshed out, heavily involved multiplayer that Rockstar is continuing to support even this far after launch. Loadouts are weight based but also require unlocks, and all weapons from the main game are supported. How you build your loadout and perks seriously impacts how you move and shoot in the game's competitive multiplayer. While I wasn't deeply keen on the default PC controls in multiplayer (they work far better in singleplayer), you can either get used to them or reassign them (having CRTL as sprint? Really, Rockstar?). The community is a bit broken up and isolated, but if you can find a good group to play with, the polish in the singleplayer shines through. Pulling off kills and activating match shift perks is enjoyable. Due to the limited number of players though, I have only gotten to try Team Deathmatch, and await getting to try the other modes, one of which is said to be similar to Killzone 3's Operations mode but with branching paths for the multiplayer narrative.
The last mode of play is sadly behind a pay wall of ten dollars. Dead Men (Co-op), with a name that seems to smirk in the face of Kane & Lynch, is a surprisingly satisfying mode. One player takes on the role of Max, the other as Raul Passos, his partner through most of the game. Together you fight increasingly intense waves... and I'm not sure if there's even an end. During my time playing the mode, my partner and I survived up to wave 33, and there was no clear end in sight. It also surprisingly takes a note from Zombie Mode from Treyarch's CoD entries by having purchasable items, areas of the map, and boosters via a currency known as "grit". The only downside in this mode is that the overhead speaker is supposed to be a reporter and he has VERY few lines to add to the situation. He grows old fast, while the waves of baddies don't. There is also the issue of, at present, only two maps being available to play, although they are quite large and offer a lot of replayability.
"It was like- screw it, you know what? I don't have time for monologues, I need to shave this beard!"
Max Payne 3 really surprised me. I expected the stereotype Rockstar action experience that I had known in my previous attempts to enjoy their games. I expected the linearity and action set pieces to bore me and irritate me as much as they bugged me in Uncharted. I expected a lot of things, and it's clear that in the end, I truly misjudged Max's ability to get the job done, just like his opponents in game. The singleplayer alone is worth the purchase, and if you can get some friends or find a group of people who still play it on your platform of choice, you have to do yourself a favor and give the multiplayer a try. While some of the multiplayer addon packs might seem a bit overpriced for what they offer, the co-op mode is worth it with a friend in hand, especially if you're a big fan of buddy cop action movies.
"After all the bullets had fired and the clips ran out, I looked down and was unharmed. Maybe a few scrapes, a few bruises, but in the end, I was still a 10/10."
Cheers, Paradigm the Fallen
I'm all out of painkillers...
Trivia: This is the first and so far only Max Payne game not made by Remedy, instead developed by Rockstar. There has been some controversy amongst Max Payne fans about the changes in tone and context of the narrative since the original games were somewhat less serious and far more noir focused.
Max Payne 3 is available at Gamestop, Amazon, Steam, PSN, and XBL for any price ranging from $9.99 to $49.99, usually $29.99.
Voluptuosas mujeres venezolanas ofrecen sus servicios sexuales en Madrid, Paramaribo o PanamÃ¡ para enviar remesas y alimentar a familiares que se quedaron en el paÃs sudamericano. AFP / EL NACIONAL WEB
El motivo de la proliferaciÃ³n de prostitutas de Venezuela, que fue considerado hasta hace poco una meca del petrÃ³leo y reinas de belleza, es una debacle econÃ³mica y polÃtica de tal magnitud que ha llevado al 82% de sus 30 millones de habitantes por debajo de los lÃmites de la pobreza. CLIC AQUI para seguir leyendo...
Ab Februar 2016 fliegt Emirates den ersten Direktflug von Dubai nach Panama City. Ihre Maschine fliegt den lÃ¤ngsten Flug der Welt in 17 Stunden und 20 Minuten und auf dem RÃ¼ckflug ganze 15 Stunden und 45 Minuten. Zu weiteren Giganten der LÃ¼fte gelten die australische Fluggesellschaft Qantas die 13.800 Kilometer mit der Boeing 747-400 von […]
Congressman Southerland to present at “First Friday” Friday, February 4: The Bay County Chamber of Commerce will hold itâs monthly morning meeting âFirst Fridayâ at the Florida State University Panama [...]
3 katlÄ± BÃ¼yÃ¼k Ä°stanbul TÃ¼neli’nin zemin etÃ¼dÃ¼nÃ¼ yapmak Ã¼zere Fugro Scout, bir ay BoÄazâda inceleme yapacak. Ä°stanbul BoÄazÄ±’nÄ±n altÄ±ndan hem karayolu hem demiryolu ulaÅÄ±mÄ±na uygun tasarlanan 3 katlÄ±Â BÃ¼yÃ¼k Ä°stanbul TÃ¼neliÂ iÃ§in ilk somut Ã§alÄ±Åma baÅladÄ±. GÃ¼nde 6 milyondan fazla yolcu taÅÄ±nmasÄ± planlanan tÃ¼nelin zemin etÃ¼dÃ¼nÃ¼ yapmak Ã¼zere Panama bayraklÄ±Â Fugro ScoutÂ adlÄ± araÅtÄ±rma gemisi BoÄaz’a girdi. Panama bayraklÄ± […]
I was born and raised in Houston. I've only been to Galveston Island a few times. On one of those visits I remember touring the historic Moody Mansion. My dad was not interested in any beach, worry over his freckled skin kept him away. At one time my mother loved it, and during her youth she spent many days sunbathing on the beach. However, on September 1, 1957, my mother's first husband went wade fishing at San Luis Pass early in the morning. While fishing he stepped off into a sink hole and drowned. After this horrible event, my mother was not as interested in Galveston. My husband's family has roots in Galveston. My father-in-law was born in Galveston. My husband's paternal grandmother grew up there. Her father was an engineer. He helped build the seawall. He also helped build the Panama Canal. My father-in-law has a large architectural drawing of the Panama Canal. My husband's aunt Lily, and her late husband Lloyd, have lived at West Bay, on the Island, since the late 50s or early 60s. They were Galveston Island fishing guides. She was the first woman fishing guide in the state of Texas. Lloyd Pepper built custom fishing rods. Uncle Lloyd passed away last December. The following links are on this well-known couple of Galveston: West Bay Guides Have Seen Changes Gulf Coast Closeup
Gary Cartwright begins the account of the history of Galveston with a grand tour of the Island. This tour is from what the Island looked like in the early 90s. I don't know what has changed since Hurricane Ike in 2008. This chapter is interesting, he gave a personalized tour, from one side of the Island to the other. Further chapters are on the earliest known history of the Island, the Karankawas, Cabeza de Vaca, Spanish pirates, Jean Lafitte, African slaves, Sam Houston, the war of Texas Independence, the Civil War, the Great Hurricane of 1900, the building of the seawall, a new city government, gambling, prostitution, the revitalization of Galveston in the 1970s; and the main families who were the wealthy influencers of the Island. These families were the Moodys, Sealys, and Kempners.
A few things I learned.
The people who live on Galveston Island simply call the place the Island.
Bolivar Roads is where the ships pass through. However, I wonder if the name has changed since the writing of this book.
Galveston survived the Great Depression without problems.
Details of the Great Hurricane of 1900 and its aftermath I'd not known. This includes a 2 story pile of debris that was as wide as 6-8 city blocks. This debris was caused by the enormous push of the water on the Island. When the water retreated, the debris was left.
A few places in the book Cartwright shares gossipy information about the three main families, and the prostitution and gambling rackets. For me, this was interesting, because people are interesting. This information whether it is nice or not is apart of the history of the Island.
Mexico's Hector Herrera, right, falls to the ground as United States' Matt Besler looks for the ball during the second half of a World Cup qualifying soccer match Friday, Nov. 11, 2016, in Columbus, Ohio. (AP Photo/Jay LaPrete)
COLUMBUS, Ohio (AP) â A pro-American crowd of 24,650 chanted "Dos a cero!" at the start.
Mexican supporters yelled "Dos a uno!" as they left.
Rafa Marquez scored a tiebreaking goal on a header in the 89th minute, giving Mexico a 2-1 victory Friday night and its first victory at the United States in World Cup qualifying since 1972.
After winning four straight home qualifiers against Mexico by 2-0 scores â all in Columbus â the U.S. hoped to open the final round of the North and Central American and Caribbean region with another victory. Instead, the Americans began the hexagonal with a loss for the second straight cycle, and they play Tuesday night at Costa Rica, where they have never won in qualifying.
"It gets a sense of anger in us. It gets a sense of absolutely urgency," U.S. coach Jurgen Klinsmann said. "It's not a problem, but it's obviously disappointing."
Miguel Layun put Mexico ahead in the 20th minute, but Bobby Wood tied it in the 49th.
The U.S. dominated the second half before the 37-year-old Marquez, unmarked and drifting across the penalty area at the near post, got a glancing nod on Layun's corner kick. The Mexican captain lifted the ball over goalkeeper Brad Guzan for his 17th international goal.
Mexico's previous win at the U.S. in qualifying was also by a 2-1 score, at the Los Angeles Coliseum.
"I think we deserved this match," Layun said. "We were focused."
Klinsmann said John Brooks was supposed to mark Marquez on the corner kick. Jozy Altidore blocked the defender from getting there.
"We lost him there. Individual mistake," Klinsmann said.
The Americans had been 30-0-2 at home in qualifying since a 3-2 loss to Honduras at Washington's RFK Stadium in September 2001.
"They're very good in terms of when they have a little time circulating the ball, and they start to find space," American captain Michael Bradley said.
Guzan had lost the U.S. goalkeeper job to Tim Howard, who started at the last two World Cups. But Howard pulled a muscle in his right leg on a goal kick and was replaced in the 40th minute.
Howard was to have a scan Saturday, a day before the U.S. travels, and Klinsmann said Howard likely will miss the match at Costa Rica.
"He knows it's not looking that good," Klinsmann said.
The top three teams in the six-nation round qualify for the World Cup, and the fourth-place country advances to a playoff.
With the U.S. struggling early in what Klinsmann called a 3-4-3 formation, Mexico could have led 3-0. Howard tipped Jesus Corona's 10th-minute shot off a post and Carlos Vela's 25th-minute header hit a crossbar.
"Out midfielders didn't get into the one-on-one battles we expected them to," Klinsmann said, citing Jermaine Jones and Bradley.
After switching to a more familiar 4-4-2 in the 27th minute, the Americans began to find their rhythm, and Wood scored off a pass from Altidore.
It was 44 degrees at game time, half the 90-degree temperature for the 2013 match in Columbus, when the U.S. clinched its seventh straight World Cup berth.
Mexico went ahead after Bradley and Giovani dos Santos battled for the ball 30 yards out. The ball skipped to Layun, who took a touch, and his right-footed shot deflected off Timmy Chandler past Howard's left for his fourth international goal in 46 appearances,
Wood tied the score after Brooks forced a turnover. Altidore turned his defender and passed to Wood, who took two touches as he split defenders. His 8-yard, left-footed shot deflected off a leg of Layun for his eighth goal in 28 international appearances. Wood also scored against Mexico last fall during an extra-time loss in the playoff for a berth in the 2017 Confederations Cup.
Altidore and Wood have combined for seven goals in 11 games they've started together.
Notes: All three visiting teams had victories in their openers. Costa Rica won 2-0 at Trinidad and Tobago on goals by Christian Bolanos in the 65th and Ronald Matarrita in second-half injury time, and Panama won 1-0 at Honduras on Fidel Escobar's 22nd-minute goal. ... CONCACAF and Fox extended their Gold Cup agreement to cover the 2017 and 2019 tournaments. ... Mexico's Carlos Salcedo is suspended for Tuesday after receiving two yellow cards late in the match.
A rain forest sings with the sounds of insects, birds, maybe a howler monkey or two. But scientists are discovering that some forest dwellers also communicate in ways humans usually can't hear â via ultrasound. A team from Dartmouth College has recorded these signals in treetops on a pristine Panamanian island called Barro Colorado , and slowed them down to make sense of them. The ultrasonic chatter, it turns out, is actually a complicated conversation between mating insects and the bats that aim to eat them. The insects are katydids , cousins to locusts and grasshoppers, which make their calls by rubbing their wings together. Some types live in North America, but the variety is nothing compared to the 250 or so species that live in Panama, where some behemoths are the size of a cell phone, and others are almost microscopic. Many look like they're in a Halloween costume, with funny looking helmet-heads or big horns. Hungry bats find them all irresistible. "Katydids are the potato chips
How People Get Hantavirus Pulmonary Syndrome (HPS)
Where HPS is FoundCases of HPS occur sporadically, usually in rural areas where forests, fields, and farms offer suitable habitat for the virus's rodent hosts. The peridomestic setting (for example, barns, outbuildings, and sheds) are potential sites where people may be exposed to the virus. In the US and Canada, the Sin Nombre hantavirus is responsible for the majority of cases of HPS. The host of the Sin Nombre virus is the deer mouse (Peromyscus maniculatus), present throughout the western and central US and Canada. Several other hantaviruses are capable of causing HPS in the US. The New York hantavirus, hosted by the white-footed mouse, is associated with HPS cases in the northeastern US. The Black Creek hantavirus, hosted by the cotton rat, is found in the southeastern US. Cases of HPS have been confirmed elsewhere in the Americas, including Canada, Argentina, Bolivia, Brazil, Chile, Panama, Paraguay, and Uruguay.
Signs & Symptoms for Hantavirus Pulmonary Syndrome (HPS)
Due to the small number of HPS cases, the "incubation time" is not positively known. However, on the basis of limited information, it appears that symptoms may develop between 1 and 5 weeks after exposure to fresh urine, droppings, or saliva of infected rodents.
Early symptoms include fatigue, fever and muscle aches, especially in the large muscle groupsâthighs, hips, back, and sometimes shoulders. These symptoms are universal. There may also be headaches, dizziness, chills, and abdominal problems, such as nausea, vomiting, diarrhea, and abdominal pain. About half of all HPS patients experience these symptoms.
Four to 10 days after the initial phase of illness, the late symptoms of HPS appear. These include coughing and shortness of breath, with the sensation of, as one survivor put it, a "...tight band around my chest and a pillow over my face" as the lungs fill with fluid. Is the Disease Fatal?
Yes. HPS can be fatal. It has a mortality rate of 38%.
3 paÅºdziernika prezydent Obama przekazaÅ do Kongresu 3 umowy o wolnym handlu StanÃ³w Zjednoczonych z KoreÄ PÅd., KolumbiÄ i PanamÄ . Sektor drobiarski w USA przyjÄ Å tÄ decyzjÄ z duÅ¼ym zadowoleniem i oczekuje rychÅego zatwierdzenia umÃ³w przez Kongres, ze wzglÄdu na szansÄ ekspansji amerykaÅskiego eksportu drobiu - informuje FAMMU/FAPA na podst. ThePoultrySite.
Su historia se ha escrito, cantado y llevado al cine. Su rostro estÃ¡ en los billetes, su nombre en calles, avenidas, escuelas y universidades. Todas las plazas centrales de ciudades y pueblos en Venezuela tienen su rostro, su efigie o una estatua ecuestre.
Se trata de una presencia que abarca todos los espacios, como lo describiÃ³ el poeta Pablo Neruda en su "Canto a BolÃvar".
"Todo lleva tu nombre, padre, en nuestra morada:
tu apellido la caÃ±a levanta a la dulzura,
el estaÃ±o bolÃvar tiene un fulgor bolÃvar,
el pÃ¡jaro bolÃvar sobre el volcÃ¡n bolÃvar,
(â¦) tu herencia es el pan nuestro de cada dÃa, padre".
Incluso, en un paÃs con el que el Libertador jamÃ¡s llegÃ³ a tener buenas relaciones, como EE.UU., su presencia es inocultable.
El segundo ocurriÃ³ en 1963 durante la presidencia de John F. Kennedy, cuando se decide bautizar la nave insignia de los submarinos nucleares como el USS SimÃ³n BolÃvar. Esta se mantuvo activa hasta el 12 de febrero de 1995, luego de 32 aÃ±os de servicio y 1.040 exitosas inmersiones.
A pesar de que el paso de BolÃvar "por el pensamiento republicano estadounidense es muy poco significativo, el pueblo llano de ese paÃs siempre guardÃ³ admiraciÃ³n por la figura del Libertador", dijo a RT el historiador MartÃn Guedez.
Pero cuando se trata de BolÃvar, agrega, "una cosa es la clase dominante que, en EE.UU. fue y es, rabiosamente antibolivariana y otra cosa muy diferente, el pueblo". Por eso tantas localidades le rinden tributo.
Washington y BolÃvar
El escritor e intelectual venezolano Luis Britto GarcÃa recordÃ³ que el Libertador "siempre tuvo sentimientos de admiraciÃ³n y respeto hacia George Washington, como personaje polÃtico".
Consultado por RT, relatÃ³ que hace algunos aÃ±os se decÃa que Washington aparecÃa en los billetes venezolanos, "porque la imagen escogida de BolÃvar fue tomada de un retrato en el que posÃ³ llevando una medalla con el rostro del estadounidense".
Desde el punto de vista polÃtico, BolÃvar mantuvo diferencias muy serias con EE.UU., "sobre todo porque ese paÃs contrabandeaba armas para los realistas y se negaba a venderlas a los patriotas. AdemÃ¡s de la oposiciÃ³n estadounidense al Congreso AnfictiÃ³nico de PanamÃ¡", apunta Britto garcÃa.
Pero, actualmente "hay poca expresiÃ³n de reconocimiento al Libertador suramericano y abunda una propaganda antibolivariana, gracias a una derechizaciÃ³n de la opiniÃ³n pÃºblica de EE.UU.".
Petras observa que, con el triunfo electoral de Hugo ChÃ¡vez, "los medios de comunicaciÃ³n comenzaron a demonizar a la revoluciÃ³n venezolana y a olvidar los grandes acontecimientos liderados por SimÃ³n BolÃvar".
AÃ±ada ahora a estas cifras, que Venezuela posee las mÃ¡s grandes reservas petroleras del planeta, calculadas en mÃ¡s de 300 mil millones de barriles. Sin contar con sus extraordinarias reservas en minerales, agua y biodiversidad.
Por eso, ahora en Venezuela estÃ¡ en desarrollo un profundo conflicto polÃtico y una muy peligrosa guerra en puertas, diseÃ±ada y dirigida por los Estados Unidos, para acabar de una vez por todas con la RevoluciÃ³n Bolivariana, debilitar la soberanÃa nacional y finalmente apoderarse de nuestras inmensas riquezas petroleras y gasÃferas.
EstÃ¡ en marcha la segunda fase de 45 dÃas de esta guerra no-convencional contra Venezuela. Durante la primera fase se realizaron operaciones sicolÃ³gicas y mediÃ¡ticas, movilizaciÃ³n de calle, protestas violentas, presiÃ³n internacional, sanciones contra funcionarios y dirigentes del Gobierno Bolivariano, entre otras acciones.
La fase actual es de ofensiva militar o de insurgencia armada y se desplegarÃ¡ sobre el foquismo violento y el paramilitarismo, articulados con bandas criminales, con mÃ¡s
sabotajes y asesinatos, mÃ¡s odio y mÃ¡s intolerancia, para crear un clima de ingobernabilidad, caotizaciÃ³n, neurotizaciÃ³n, guerra civil y desbordamiento que le abra paso a una intervenciÃ³n multinacional, supuestamente humanitaria, y a la implosiÃ³n del Estado-NaciÃ³n.
OS= En este momento, es obvio que hay un plan insurreccional contra el gobierno bolivariano. Es la cuarta intentona insurreccional en lo que va de perÃodo constitucional del presidente NicolÃ¡s Maduro. En este esquema Â¿Es posible una intervenciÃ³n internacional?
LBG= Muy especÃficas en zonas de clase media alta, con aspiraciones de clase media alta y ademÃ¡s, los efectos de eso es que se ponen presos ellos mismos. Bloquean los
accesos de entrada y salida entonces la propia clase media alta o con aspiraciones de alta, queda presa allÃ, la afectada es ella, pero eso queda representado en los medios como una sublevaciÃ³n popular y masiva en todo el paÃs. No son ninguna de esas cosas: Ni es popular, ocurre en sectores de clase media y muchos de los que participan en ella son paramilitares o delincuentes. Ni es generalizada, porque ocurre nada mÃ¡s en 19 municipios. Ni es sublevaciÃ³n, porque resulta que la policÃa local protege a los que perturban y cometen actos de terrorismoâ¦
LBG= Todo es posible porque no hay un poder efectivo. Es un mensaje que lanza el terrorismo: âYa no existe el gobierno, por lo tanto hay que crear otroâ, ese es el mensaje fundamental.
OS= El gobierno estÃ¡ trabajando en distintos escenarios, en distintos tableros: el polÃtico, con el llamado al diÃ¡logo y la convocatoria a una Asamblea Nacional Constituyente. El tablero militar y el tablero comunicacional. Quiero que hablemos un poco del tablero polÃtico y especÃficamente de la convocatoria a la Asamblea Nacional Constituyente, pero cuando regresemos de los comerciales. Ya venimos.
OS= Te preguntaba Luis, en este escenario insurreccional Â¿CuÃ¡l serÃa el rol, el papel, de la convocatoria presidencial a una Asamblea Nacional Constituyente?
LBG=Bueno, a mÃ me da la impresiÃ³n de que es establecer una diferencia en la metodologÃa. Mientras uno de los grupos estÃ¡ recurriendo a la violencia desnuda, a los
cortes de comunicaciones, a incendiar hospitales y hospitales infantiles para colmo, quemar unidades de transporte pÃºblico popular, etc. El otro dice, âbueno, vamos a
AdemÃ¡s, histÃ³ricamente cada vez que viene un proceso electoral hay un pico de desabastecimiento, creado por ese mismo monopolio de importadores y distribuidores para que el voto sea negativo. Vamos a contar con otro pico de desabastecimiento para la constituyente y para las elecciones que vengan.
OS= Y se agudiza con las protestas violentas que cierran, obstaculizan el trÃ¡nsito de alimentos.
Todos los venezolanos debemos ver La Planta Insolente, pelÃcula dirigida por RomÃ¡n Chalbaud con libreto de Luis Britto GarcÃa. Gira en torno a la figura del presidente antimperialista Cipriano Castro, quien gobernÃ³ el paÃs entre 1899 y 1908. Trata hechos histÃ³ricos fundamentales para comprender la Venezuela contemporÃ¡nea: el proyecto integracionista liderado por Venezuela en 1900; la invasiÃ³n de Colombia contra Venezuela en 1901, mediante la cual aquella naciÃ³n sirviÃ³ a la estrategia estadounidense de desestabilizar nuestro gobierno; la llamada âRevoluciÃ³n Libertadoraâ que aglutinÃ³ a la oposiciÃ³n que desatÃ³ una guerra civil entre 1901 y 1903, y dejÃ³ un saldo de miles de muertos y cuantiosos daÃ±os; el bloqueo extranjero de diciembre 1902 a febrero de 1903 , cuando varias potencias aplicaron la diplomacia de las caÃ±oneras causando devastaciÃ³n y muerte; la resistencia patriÃ³tica de nuestro pueblo; y finalmente, el apoyo forÃ¡neo a la traiciÃ³n de GÃ³mez contra Castro.
Si se acercan a las salas de cine observarÃ¡n que se ha establecido un cerco publicitario contra la pelÃcula. Las trasnacionales temen que el espÃritu redentor de Castro tome las calles, y su coraje nos inspire. Propongo, por tanto, que la pelÃcula sea difundida en todo el territorio nacional en cada espacio donde se debata sobre la Asamblea Constituyente, para que nunca mÃ¡s la planta Insolente del extranjero profane el sagrado suelo de la patria.
Great Article, is there an updated list of post-panama canal expansion ready ports anywhere? With completion deadlines continually getting pushed back I imagine ports that were not going to be ready, will be capable of handling post panamax ships in time. Thanks
Un grupo de miembros del partido Cambio DemocrÃ¡tico (CD), realizaron una vigilia frente al Ministerio PÃºblico, para exigir que se termine la persecuciÃ³n polÃtica y que se cumpla con el debido proceso.
Otras de las peticiones de CD, es que la Procuradora que no filtren en los medios de comunicaciÃ³n los expedientes de los exfuncionarios.
Nulidad: El abogado SittÃ³n advirtiÃ³ que la FiscalÃa Segunda AnticorrupciÃ³n realizÃ³ actos de investigaciÃ³n en contra del expresidente, pese a que su despacho no tenÃa competencia para investigarlo, lo que demuestra uno de los tantos vicios de nulidad.
PersecuciÃ³n: El expresidente Martinelli ha hecho alusiÃ³n al Plan Varela. DestacÃ³ que las acusaciones en su contra son por presiones aplicadas a exfuncionarios de su gobierno que en estos momentos estÃ¡n imputados, porque les han encontrado cuantiosos recursos.
Una muestra de la existencia del Plan Varela saliÃ³ a relucir en la noche de ayer, cuando los nueve magistrados de la Corte Suprema de Justicia, en pleno, dispusieron admitir una investigaciÃ³n en contra del expresidente de la RepÃºblica Ricardo Martinelli.
Los magistrados decidieron dar luz verde al proceso contra Martinelli, a pesar de que sus abogados, en horas de la maÃ±ana, habÃan presentado tres recursos que advertÃan vicios en este proceso.
Por su parte, el exmandatario, quien viajÃ³ a la sesiÃ³n plenaria del Parlacen, en Guatemala, denunciÃ³ a los medios internacionales las presiones polÃticas a las que estÃ¡ sometido el sistema de justicia en PanamÃ¡.
Dijo que estas presiones estÃ¡n siendo utilizadas para perseguirlo polÃticamente, porque es la Ãºnica voz de la oposiciÃ³n del paÃs.
âSoy objeto de una persecuciÃ³n polÃtica por parte del presidente Varelaâ, dijo Martinelli ante los medios de Guatemala, al detallar la existencia de dichas presiones por parte del Gobierno dentro de los despachos de instrucciÃ³n del Ministerio PÃºblico.
ExplicÃ³ el exmandatario que lo que buscan es que las personas que trabajaron en su gobierno y que se les han encontrado cuantiosos recursos declaren en su contra.
Las palabras de Martinelli se dan en alusiÃ³n a las declaraciones indagatorias de los exdirectores del Programa de Ayuda Nacional (PAN) Giacomo Tamburrelli y Rafael Guardia, las cuales fueron publicadas Ãntegramente en los medios de comunicaciÃ³n y en las redes sociales.
Este mismo despliegue mediÃ¡tico se vio de manifiesto en la Corte Suprema de Justicia, ya que antes de conocerse el fallo de admitir la investigaciÃ³n contra Martinelli, el mismo habÃa sido publicado en cuentas de Twitter de adversarios del exmandatario y en algunos canales de televisiÃ³n contrarios a su administraciÃ³n gubernamental.
Para el abogado Sidney SittÃ³n, el sistema de administraciÃ³n de justicia estÃ¡ padeciendo de un sÃndrome de decadencia.
Ricardo Martinelli serÃa investigado mediante el Sistema Penal Acusatorio en un juicio especial en el pleno de la Corte, por su condiciÃ³n de parlamentario, tal como lo establece la Ley 63 de 2008, que crea este nuevo sistema de procedimientos penales.
SittÃ³n indicÃ³ que uno de los principios de esta normativa procesal es el derecho a la presunciÃ³n de inocencia y, por consiguiente, se prohÃbe la promociÃ³n en los medios de comunicaciÃ³n en los casos penales en los que se mencione el nombre de los imputados.
A juicio de SittÃ³n, la decadencia a la que se refiere es que es completamente inaceptable que la Corte Suprema asuma una situaciÃ³n similar a la aplicada por la Asamblea Nacional sobre la investigaciÃ³n que realiza este Ã³rgano del Estado en contra del magistrado suspendido Alejandro Moncada Luna.
Sidney SittÃ³n considera que la Corte no debe limitarse a que el levantamiento del fuero del expresidente Martinelli solo recaiga en el Tribunal Electoral.
SittÃ³n explicÃ³ que este mismo pleno de la Corte considerÃ³ que no era viable una investigaciÃ³n en contra de Torrijos, por haber gozado del fuero de parlamentario centroamericano, en momentos en que era investigado por el otorgamiento de sobornos para aprobar el contrato del Cemis.
La propia diputada oficialista Zulay RodrÃguez reconociÃ³ que no se puede investigar al expresidente Martinelli, porque goza de fuero, y puso como ejemplo el caso de su copartidario MartÃn Torrijos, que recibiÃ³ sobreseimiento por la propia Corte, al gozar de fuero como parlamentario.
Sin embargo, pese a estas advertencias, la Corte no ha tomado en cuenta al Parlacen y decidiÃ³ nombrar a los magistrados que se encargarÃ¡n del proceso, sin siquiera, tampoco, esperar la decisiÃ³n de los magistrados del Tribunal Electoral, quienes deberÃ¡n decidir si levantan el fuero electoral al exmandatario.
Ambos magistrados fueron nombrados durante la administraciÃ³n del expresidente MartÃn Torrijos.
ExplicÃ³ el jurista que existe un tratado internacional que establece el protocolo del Parlacen para que se le levante el fuero al expresidente por esta vÃa y para ello debe agotarse el proceso que esta norma establece y que es ley de la RepÃºblica.
âÃl (Ricardo Martinelli) tiene inmunidad plena en su persona y en sus bienes, y eso lo dice la ConvenciÃ³n de Vienaâ, seÃ±alÃ³ SittÃ³n.
El expresidente Ricardo Martinelli hablÃ³ alto y claro a su llegada a la sesiÃ³n del Parlacen en Guatemala.
âYo no vengo a esconderme en ningÃºn lugar, yo vengo a dar la cara y a demostrar que Juan Carlos Varela es un perseguidorâ, destacÃ³ Martinelli.
Para el exmandatario, hay una abierta injerencia del presidente Varela dentro del sistema de administraciÃ³n de justicia, con el propÃ³sito de acallar a la oposiciÃ³n polÃtica del paÃs.
SerÃ¡ al Tribunal Electoral que le tocarÃ¡ levantarle el fuero a Martinelli, que segÃºn el dirigente de la oposiciÃ³n, con sus hechos ha demostrado una abierta parcialidad a favor del gobierno de turno.
Expresidente de la RepÃºblica , Ricardo Martinelli, a su llegada hoy a Guatemala para participar en la sesiÃ³n plenaria del Parlamento Centroamericano (Parlacen), dejÃ³ claro que regresarÃ¡ a PanamÃ¡ y que no tiene nada que esconder.
Martinelli asegurÃ³ que denunciarÃ¡ al presidente de la RepÃºblica, Juan Carlos Varela, en todos lados por la persecuciÃ³n polÃtica que ha montado en su contra y miembros del partido Cambio DemocrÃ¡tico.
AclarÃ³ que regresarÃ¡ a PanamÃ¡, porque tiene sus negocios y vive allÃ¡.
AÃ±adiÃ³ que emprederÃ¡ un viaje por Estados Unidos y Europa para denunciar la situaciÃ³n que se estÃ¡ dando en PanamÃ¡.
Hasta el momento PanamÃ¡ no le ha solicitado al Parlamento Centroamericano levantarle la inmunidad a Martinelli para que sea investigado.
Tras su visita a Guatemala, el exmandatario iniciarÃ¡ una gira internacional para "denunciar las violaciones a los derechos humanos y la persecuciÃ³n polÃtica" de la que dice ser vÃctima por parte del gobierno de Juan Carlos Varela.
El mecanismo que utilizÃ³ Varela para canalizar los recursos del PAN para su circuito polÃtico era el mismo: las compras eran fraccionadas en menos de 50 mil dÃ³lares, el proveedor era escogido por el mismo diputado, y el PAN desembolsaba el dinero.
En mayo de 2008, Varela recibiÃ³ del PAN 200 mil dÃ³lares para que lo repartiera a 70 personas de su circuito bajo la figura de asistencia econÃ³mica. Los pagos variaban entre 2,400 dÃ³lares y 2,800 dÃ³lares.
El 9 de noviembre de 2009, Varela recibiÃ³ dos desembolsos del PAN, uno por 49 mil 984 dÃ³lares y otro de 29 mil 986 dÃ³lares. La primera compra, de 2,562 bolsas de comida, Varela la dirigiÃ³ a una empresa en la ciudad capital llamada Red Love S.A.
La otra compra de bolsas de comida, Varela la otorgÃ³ directamente a Hermec Plus, una empresa que dice dedicarse a la venta de medicinas veterinarias, semillas agrÃcolas y materiales de construcciÃ³n.
Otra de las empresas utilizadas por Varela para recibir fondos del PAN fue Price Plus Investment S.A., a la cual beneficiÃ³ el 13 y 14 julio de 2011 con dos compras de bolsas de comida por casi 100 mil dÃ³lares.
El 23 de mayo de 2011, Varela pidiÃ³ al PAN el desembolso de 57 mil 780 dÃ³lares para la compra de una ambulancia. La compra directa fue adjudicada a la empresa Panacub Enterprise S.A., cuya ubicaciÃ³n estÃ¡ registrada en el edificio Century Tower. Se trata de la compra de una camioneta Nissan Patrol color blanco, cuyo distribuidor oficial en ese entonces era Panamotor.
âAplaudo que se hagan pÃºblicas las partidas asignadas a todos los diputados del paÃs, sean gobierno u oposiciÃ³n, y que se auditen como ya se estÃ¡ haciendo por parte de la ContralorÃa y el MEFâ, dijo Varela.
4.1 Millones de dÃ³lares fueron las partidas asignadas a Varela entre 2009 y 2013.
El informe aÃ±ade que durante el pasado aÃ±o, los tres meses que experimentaron el mayor movimiento de turistas fueron diciembre, con un registro de 4,198 usuarios; seguido de noviembre, con 2,280 pasajeros, y en el mes de agosto se movilizaron un total de 1,926 viajeros. De igual manera, el Aeropuerto Internacional Scarlett MartÃnez registrÃ³ durante ese periodo del aÃ±o 2014, un total de 941 operaciones de vuelos.
Por su parte, Sunwing Airlines, que forma parte de la empresa TUI, la operadora turÃstica mÃ¡s grande del mundo, ampliÃ³ de uno a cuatro sus vuelos semanales entre el Aeropuerto Scarlett MartÃnez y CanadÃ¡ a finales del aÃ±o pasado, reafirmando de esta manera la confianza en el crecimiento econÃ³mico y de la industria turÃstica en la regiÃ³n coclesana.
El expresidente de la RepÃºblica, Ricardo Martinelli, denunciÃ³ que existe âpersecuciÃ³n polÃticaâ en su contra y de quienes âestÃ¡n a mi ladoâ.
RecordÃ³ que anteriormente ha venido seÃ±alando que el Programa de Ayuda Nacional (PAN) debe ser cerrado, e investigar a quienes hayan utilizado fondos de este estamento desde antes, cuando se denominÃ³ FES y FIS.
Un contubernio entre el jefe del Ãrgano Ejecutivo, Juan Carlos Varela, y la procuradora general de la naciÃ³n, Kenia Porcell de Alvarado, se genera para afectar al exmandatario Ricardo Martinelli y al partido Cambio DemocrÃ¡tico (CD), los Ãºnicos opuestos al Gobierno, denunciaron varios juristas.
Uno de ellos fue el abogado Jorge Torregrosa, quien manifestÃ³ en el programa âReporte Estelarâ que se transmite en KW Continente, que Varela y Porcell de Alvarado buscan enjuiciar al expresidente para asÃ desviar la atenciÃ³n pÃºblica de los graves problemas que atraviesa el paÃs como la delincuencia y el estancamiento de la economÃa.
Torregrosa, miembro de CD, le solicitÃ³ a Varela que âsaque sus manosâ del Ministerio PÃºblico, mientras que le pidiÃ³ a Porcell de Alvarado que se apegue a las normas y al debido proceso, ya que ella es responsable por sus actuaciones.
AgregÃ³ que en la actualidad no existe el respeto al debido proceso ni las garantÃas fundamentales de los exfuncionarios del pasado gobierno que son blanco de sumarias penales, ya que los fiscales anticorrupciÃ³n presionan a los sindicados para que apunten hacia otras personas.
Torregrosa dio como ejemplo que el dÃa de ayer, el exdirector del Programa de Ayuda Nacional (PN) Rafael Guardia fue llevado a la FiscalÃa AnticorrupciÃ³n para una diligencia judicial sin la presencia de su representante legal.
A juicio del abogado, esto sucede porque los funcionarios de instrucciÃ³n que investigaron actos de corrupciÃ³n en el pasado son los mismos que hacen las averiguaciones en la actualidad, salvo en algunos casos que fueron rotados.
Almengor destacÃ³, en el caso del abogado de la Presidencia de la RepÃºblica, David Hidalgo, que no estÃ¡ facultado legalmente para participar en diligencias judiciales ni contrariar o refutar a testigos, ya que no es querellante en el proceso de los pinchazos telefÃ³nicos.
El lunes pasado, abogados de Cambio DemocrÃ¡tico pidieron que se respeten las garantÃas constitucionales en el paÃs y exigieron que se cumpla con la ConstituciÃ³n y la ley.
Al igual que la dirigencia de Cambio DemocrÃ¡tico, coincidieron en que todo es parte de un show mediÃ¡tico que involucra a la Corte Suprema de Justicia (CSJ).
La jurista pidiÃ³ a las autoridades de justicia, en este caso a la procuradora Kenia Porcell, cumplir su rol con independencia y actuar en apego al debido proceso.
El partido opositor seÃ±alÃ³ que los agentes de justicia se han convertido en âproductores de dramas para el entretenimiento mediÃ¡ticoâ, esto al politizar las investigaciones y al prejudicializar las decisiones judiciales.
Con esta campaÃ±a de persecuciÃ³n, la Corte Suprema de Justicia y el Ministerio PÃºblico serÃan objeto de manipulaciÃ³n por parte del Ãrgano Ejecutivo.
El jurista seÃ±alÃ³ que, a pesar de vivir en democracia, todo indica que en estos momentos se estÃ¡ aplicando una dictadura civil.
Martinelli apoya carta de los obispos que piden respeto al debido proceso
El exmandatario se reuniÃ³ ayer con el arzobispo y la ComisiÃ³n de Justicia y Paz.
El recorrido del expresidente Ricardo Martinelli para denunciar la persecuciÃ³n polÃtica de la que afirma es objeto comenzÃ³ ayer en la curia metropolitana.
âNi yo ni Cambio DemocrÃ¡tico estamos en contra de que se presenten denuncias con pruebas ante las respectivas instancias legales. Lo que estamos en contra es de que se presenten en los medios, con el Ãºnico fin de hacer show mediÃ¡tico. Tampoco estamos en contra de que las denuncias presentadas en las instancias legales se investiguen. Lo que hemos pedido es que se respete la presunciÃ³n de inocencia, la reserva del sumario, el debido proceso y que no se politicen ni se mediaticenâ, sostuvo Martinelli.
Con estas palabras, el exmandatario expresÃ³ su apoyo al reciente pronunciamiento de la Conferencia Episcopal, en el que se pidiÃ³ se investiguen los supuestos actos de corrupciÃ³n, pero garantizando el respeto a las garantÃas fundamentales de los implicados y al debido proceso.
El Ministerio PÃºblico, en contubernio con el Ãrgano Ejecutivo, estÃ¡ usando todas las influencias e interferencias para coaccionar a las personas que han sido indagadas en las denuncias contra exfuncionarios del pasado gobierno, para que cambien sus declaraciones e involucren directamente al expresidente Ricardo Martinelli.
El expresidente hizo pÃºblica su preocupaciÃ³n, porque se estÃ¡n violando los debidos procesos, la ley. AgregÃ³ que ante esta situaciÃ³n va a denunciar en todos los paÃses del mundo el formato que quiere implantar Juan Carlos Varela en PanamÃ¡.
La actual procuradora general de la naciÃ³n, Kenia Porcell, laborÃ³ por seis meses como asesora del Consejo de Seguridad, en el gobierno del presidente Juan Carlos Varela, quien luego la designÃ³ en el cargo que desempeÃ±a.
Ante esta irregularidad, el abogado Sidney SittÃ³n afirmÃ³ que el expediente contra el expresidente Martinelli que estÃ¡ en la Corte Suprema de Justicia debe ser declarado nulo, porque se sustentan en amenazas y coacciones.
Las declaraciones de Tamburrelli fueron la base para que la exfiscal segunda anticorrupciÃ³n Lizzett Chevalier remitiera copia del expediente a la Corte para que fuese investigado Ricardo Martinelli.
El documento hecho pÃºblico ayer es un recurso de objeciÃ³n que presentarÃ¡ el abogado Gonzalo Moncada Luna ante la nueva fiscal segunda anticorrupciÃ³n, Vielka Broce de Birne, para denunciar que su cliente fue coaccionado y amenazado por la antecesora de este despacho de instrucciÃ³n.
SittÃ³n indicÃ³ que dicho documento es prueba para que los magistrados de la Corte comprueben que se violÃ³ la ConstituciÃ³n y el CÃ³digo Judicial y por ende decreten la nulidad del proceso.
El documento revela que Chevalier obligÃ³ a Tamburrelli a incriminar a Ricardo Martinelli en su indagatoria, en las investigaciones por la compra de la comida deshidratada, o de lo contrario serÃa trasladado a La Gran Joya.
âSi no hubiesen presiones ni amenazas de Varela en el sistema judicial, me quitarÃa la inmunidadâ, destacÃ³ Martinelli. El exmandatario tiene inmunidad por ser parlamentario centroamericano.
Y es que el exjefe del Ejecutivo descubriÃ³ que en este caso y los demÃ¡s procesos que se siguen a los exfuncionarios de su gobierno estÃ¡ la mano del presidente Juan Carlos Varela.
Martinelli planteÃ³ que con el Plan Varela se busca acallar la voz de la oposiciÃ³n, el cual es ejecutado por el abogado Rogelio SaltarÃn, representante legal del mandatario y quien sirve de puente entre el Gobierno y el Ministerio PÃºblico.
âLizzett Chevalier, directamente, amenazÃ³ a su cliente para que este implicara lo suficientemente a personas que ella consideraba responsables en este supuesto delito de la comida deshidratada, Â¿un expresidente de la RepÃºblica?â, dice el documento.
En horas de la maÃ±ana, Martinelli denunciÃ³ en la cadena CNN que Varela se ha enfocado en imprimir el miedo entre sus opositores.
âVarela ha decidido no continuar con el sendero de crecimiento y estÃ¡ enfocado en una cacerÃa de brujasâ, dijo Martinelli, al destacar que desde que su sucesor ocupÃ³ la silla presidencial se han estancado las inversiones pÃºblicas y privadas en el paÃs.
(Ciudad de PanamÃ¡, 16 de enero. Noticias24PanamÃ¡) â El expresidente de la RepÃºblica Ricardo Martinelli, acusÃ³ al actual mandatario Juan Carlos Varela, de persecuciÃ³n en su contra, tal como indicÃ³ en una entrevista para CNN en EspaÃ±ol.
âEl estÃ¡ haciendo las bases para convertirse en un dictadorâ dijo Martinelli, al tiempo que expresÃ³ sentirse âextremadamente preocupado por el futuro de PanamÃ¡â.
Martinelli indicÃ³ que Varela en vez de dedicarse a trabajar por el bien de todos los ciudadanos y a continuar por el sendero de crecimiento se enfoca en realizar âuna persecuciÃ³n y cacerÃa de brujasâ.
âYo estoy esperando que vengan contra mÃ en cualquier momento, yo no tengo nada de que esconderme, nada de que temer, por que aquÃ ya han infringido una gran cantidad de miedo a todos los opositoresâ, insistiÃ³ el exmandatario.
Desde antes de asumir como presidente de la RepÃºblica, Juan Carlos Varela puso en marcha el denominado Plan Varela, con el que busca controlar todos los Ã³rganos del Estado e instituciones autÃ³nomas, con el fin de acabar con todo aquel que se oponga a su gobierno.
Para el jurista, el motivo era un mecanismo de presiÃ³n para que declarara en contra del expresidente Ricardo Martinelli, pero como no lo hizo, lo destituyeron y dejaron sin el derecho a la pensiÃ³n especial que recibe todo uniformado cuando se acoge a su merecido retiro.
Con el Plan Varela, con el cual se busca acabar con todos los dirigentes de CD, que es el Ãºnico colectivo que estÃ¡ en oposiciÃ³n, teniendo en cuenta que el Partido Revolucionario DemocrÃ¡tico (PRD) tiene un pacto de gobernabilidad, ha llegado hasta el punto de que ayer la fiscal segunda AnticorrupciÃ³n, Lizzeth Chevalier, supuestamente solicitÃ³ a la Corte que se investigue al expresidente Ricardo Martinelli.
En una presunta nota, sin firma y que no ha sido recibida en la Corte, la fiscal compulsa el expediente en el que investiga al exdirector del Programa de Ayuda Nacional, Giacomo Tamburrelli, para que inicie un proceso contra el exmandatario.
"Soy la Ãºnica voz de oposiciÃ³n por eso me quieren callar"
"Soy la Ãºnica voz de oposiciÃ³n que critica al dictador Varela y por eso me quieren callar y me inventan toda clase de ilegalidades jurÃdicas", asÃ reaccionÃ³ el expresidente de la RepÃºblica, Ricardo Martinelli en su cuenta de twitter a las publicaciones en su contra.
"Como el lÃder de la oposiciÃ³n debo aguantarme todas las mentiras que me inventan para callarme. Por eso me persiguen polÃticamente a diario", indicÃ³ Martinelli en otro tuit.
AÃ±adiÃ³ "Si aquÃ imperarÃ¡ el imperio de la ley y no el odio y persecuciÃ³n polÃtica de Varela, quienes lo adversan no necesitarÃamos inmunidad".
Finalmente, el exmandatario seÃ±alÃ³ "El tiempo me darÃ¡ la razÃ³n. Si me callan a mÃ te van a callar a ti igual. AquÃ solo hay persecuciÃ³n polÃtica y no impera el debido proceso".
"Esto solo pasaba en dictadura y ahora", escribiÃ³ en su cuenta de twitter Martinelli. En otro tuit seÃ±alÃ³ lo siguiente: "En PanamÃ¡ bajo este Gobierno NO se respeta el debido proceso y la persecuciÃ³n polÃtica es lo que impera contra quienes adversan a Varela".
LA PRENSA - Alberto Cigarruista se convirtiÃ³ en magistrado del Tribunal de Cuentas por imposiciÃ³n del Ejecutivo. AsÃ lo dio a entender el propio abogado, quien asegurÃ³ que el presidente, Juan Carlos Varela, le ofreciÃ³ ese cargo al no poder complacerlo con un ministerio, su primera solicitud.
De ser ciertas las declaraciones de Cigarruistas, Varela no solo transgredirÃa las separaciÃ³n de los poderes del Estado, contenidas en el artÃculo 2 de la ConstituciÃ³n, que advierte que los tres Ãrganos âactÃºan limitada y separadamenteâ.
En la pÃ¡gina 15 de su plan de gobierno aparece el eje 2, dedicado al âfortalecimiento de la democracia y del Estado de Derecho. Renovar la RepÃºblicaâ.
âLos corruptos no podrÃ¡n regresar al Estado por nombramiento, ni por elecciÃ³n ni por contratoâ, advierte el documento. Desde que apareciÃ³ el nombre de Cigarruista como posible magistrado del Tribunal de Cuentas, varios sectores de la sociedad civil lo han acusado de corrupto.
âEl caso Cemis sale luego que se comentara que el nombramiento de Cigarruista en la Corte se hiciera mediante varios sobornosâ, dijo Mercedes AraÃºz de Grimaldo, exprocuradora de la NaciÃ³n.
AraÃºz de Grimaldo enfatizÃ³ en que este hecho demuestra la complacencia del Ã³rgano Judicial hacia la figura presidencial. âActÃºan en complacencia del Ejecutivo. No le dan la independencia que se merece la Corteâ, dijo.
âEs sorprendente que de 50 aspirantes, los Magistrados de la Corte en su mayorÃa coincidieron dÃ¡ndole su voto a un solo candidatoâ, indicÃ³ Aurelio BarrÃa, dirigente de la Cruzada Civilista. âEl Ejecutivo no debe hacer manifestaciÃ³n ni recomendaciÃ³n alguna sobre designaciones propias de otros Ãrganos del Estado para que se mantenga la independencia necesaria. Si eso que dice Cigarruista se dio, flaco favor le hace el Ejecutivo al rescate que procuramos de la separaciÃ³n e independencia de los Ãrganos del Estadoâ, agregÃ³ BarrÃa.
Cigarruista admite injerencia de Varela en su designaciÃ³n
PANAMÃ AMÃRICA - En declaraciones a Telemetro, el controversial polÃtico, quien fuera candidato del Partido PanameÃ±ista en las pasadas elecciones, aceptÃ³ que detrÃ¡s de su nombramiento estuvo el presidente Juan Carlos Varela.
"Le pedÃ al Presidente (Juan Carlos Varela) ser Ministro y me ofreciÃ³ el Tribunal de Cuentas buscando votos", fue lo que confesÃ³ Cigarruista en una entrevista al canal Telemetro.
El polÃtico enfatizÃ³ que su peticiÃ³n al mandatario fue que le diera un ministerio, pero este le contestÃ³ que ya estaban todos ocupados, por lo que le ofreciÃ³ la magistratura.
AgregÃ³ que cuando le hizo la peticiÃ³n al Presidente, este le contestÃ³ que ya todos los ministerios estaban comprometidos, y por eso le darÃa el Tribunal de Cuentas, pues allÃ tenÃa amigos magistrados que harÃan posible su nombramiento.
La designaciÃ³n del magistrado de Cuentas le correspondiÃ³ a la Corte Suprema de Justicia, luego de que se le venciera el periodo a Ileana Turner Montenegro.
Los otros magistrados del Tribunal de Cuentas, Oscar Vargas y Ãlvaro Visuetti, cuyos periodos vencen en 2017 y 2019, respectivamente, fueron designados durante el gobierno de MartÃn Torrijos.
Tras estas declaraciones, diversas corrientes de la sociedad rechazaron la injerencia del Gobierno en el Ãrgano Judicial.
La abogada Mariela Ledezma, en su cuenta de Twitter, expresÃ³ que se le debe exigir al presidente Varela explicar su involucramiento si se supone que era la Corte Suprema la instancia que tenÃa que hacer la designaciÃ³n.
Otra que quiere escuchar la explicaciÃ³n del presidenta sobre lo expresado por Cigarruista es la dirigente del Movimiento Independiente (Movin) Anette Planells, quien considera que esta es una intromisiÃ³n del Ejecutivo con la que se ânubla la independencia de los Ã³rganos del Estadoâ.
Planells considerÃ³ necesario ver caras nuevas en estas posiciones, que no hayan estado comprometidas con el manejo de la justicia en el pasado.
Por su parte, el veterano dirigente panameÃ±ista Jorge Gamboa Arosemena calificÃ³ como un descaro lo acontecido.
âCigarruista renunciÃ³ al partido hace 15 dÃas. Ya habÃa renunciado cuando pagaron para que fuera a la Corte. La podredumbre continÃºaâ, expresÃ³.
En tanto, Magaly Castillo, de la Alianza Ciudadana Pro Justicia, posteÃ³ en su cuenta que si la indignaciÃ³n contra Cigarruista que se plasmÃ³ en las redes sociales se trasladara a las calles, no tomarÃa posesiÃ³n el prÃ³ximo 15 de enero.
En un comunicado, la Alianza Ciudadana Pro Justicia indicÃ³ que con el nombramiento de Cigarruista se ignorÃ³ la hoja de vida de otros 50 candidatos al puesto y se terminÃ³ por confirmar las intenciones de la Corte Suprema en escoger al candidato del Ejecutivo.
La organizaciÃ³n de la sociedad civil reprochÃ³ el hecho de que âla ley establece que el puesto es incompatible con la polÃticaâ, y con esta designaciÃ³n, la Corte demuestra que âlo Ãºnico que le preocupa es complacer al Ejecutivoâ.
Aun el propio presidente Juan Carlos Varela habÃa reconocido que Cigarruista era un gran dirigente polÃtico en el periodo de campaÃ±a, cuando este convocaba a inscripciones masivas de simpatizantes en el interior del paÃs.
La sociedad civil recordÃ³ que fue el presidente Varela quien se comprometiÃ³ en su plan de gobierno a consensuar con la sociedad civil sus ejecutorÃas.
âPromoveremos una mayor participaciÃ³n de las organizaciones de la sociedad civil, inclusive mediante observatorios ciudadanos, en el diseÃ±o, la implementaciÃ³n y evaluaciÃ³n de las polÃticas pÃºblicas...â, plasmÃ³ el mandatario en su programa de gestiÃ³n.
No obstante, el abogado Ernesto CedeÃ±o opina que âla administraciÃ³n Varela se estÃ¡ divorciando de la sociedad civil que la empoderÃ³ en el solio presidencialâ.
Carlos Gasnell, de Transparencia Internacional, afirmÃ³ recientemente que se ha hablado mucho del combate a la corrupciÃ³n, pero no de la consulta y participaciÃ³n ciudadana.
âHemos visto cerca de cinco nombramientos, pero cero consulta y participaciÃ³n ciudadanaâ, detallÃ³.
âEl poder es el Ãºnico dulce que no empalaga, y por eso hay que quitÃ¡rselo a los niÃ±os. En PanamÃ¡ hay muchos profesionales y deben generarse los espacios para que aspiren a los puestos mÃ¡s altosâ, opinÃ³ Vergara.
Sostuvo que el mensaje -del presidente Varela- pareciera ser que no existen mÃ¡s profesionales capacitados para el cargo.
Al vicepresidente del TE se le habÃa visto en actividades pÃºblicas con el presidente de la RepÃºblica, Juan Carlos Varela, en este caso, la puesta en marcha de un proyecto institucional en la provincia de ColÃ³n.
AÃ±adiÃ³ que el momento tampoco es el adecuado, pues existen impugnaciones que requieren trÃ¡mites.
âLa democracia es asÃ, implica renovar personas, entonces es bueno que en todas las instituciones se permita, por eso en PanamÃ¡ no se concede que haya un presidente por mÃ¡s de cinco aÃ±osâ, destacÃ³.
A pesar de que en los Ãºltimos tres meses la canasta bÃ¡sica de alimentos (CBA) ha mostrado un incremento tanto en los supermercados como en los minisÃºper, un comunicado de la SecretarÃa de ComunicaciÃ³n de la Presidencia indica que el Control de Precios generÃ³ un ahorro de $63.11 para los panameÃ±os.
De acuerdo con el documento, este logro se observÃ³ entre los meses de julio a noviembre de 2014 con la puesta en marcha del decreto de Control de Precios y su cumplimiento por parte de los dueÃ±os de locales que venden los productos establecidos.
Sin embargo, en el Ãºltimo informe especial de la CBA de la Acodeco, el costo en los supermercados para el mes de noviembre fue de $289.06 para las ciudades de PanamÃ¡, San Miguelito, ArraijÃ¡n y La Chorrera, mientras que para los minisÃºper y abarroterÃas fue de $306.85.
Ambos resultados son superiores a los registrados en el mes de octubre, en el que se refleja que el costo en los supermercados era de $288.10 y en los minisÃºper de $306.32, segÃºn la Acodeco. De igual forma se observa en el mes de septiembre. (Ver infografÃa).
El mismo informe del mes de noviembre muestra que los productos que incrementaron su precio fueron: los plÃ¡tanos con $0.07, la lechuga con $0.15, la naranja con $0.01, el pescado cojinÃºa con $0.09 y la pasta de tomate con $0.02.
Al comparar los grupos de alimentos que conforman la CBA con octubre pasado, se muestra que cinco de ellos aumentaron, uno se mantuvo igual y dos disminuyeron.
Para el presidente del Colegio de Economistas de PanamÃ¡, Olmedo Estrada, no es tan cierto que la poblaciÃ³n encuentra ese ahorro a la hora de adquirir los productos.
SeÃ±alÃ³ que se trata de un cÃ¡lculo matemÃ¡tico sencillo que hace el Gobierno comparando el ahorro logrado en solo 22 productos, que no representa el universo de consumo en la canasta bÃ¡sica familiar.
Indica que matemÃ¡ticamente disminuyen los 22 productos, no obstante, el resto no regulado ha sido objeto de aumento de precios en los Ãºltimos cuatro o seis meses.
Por su parte, la directora de la CÃ¡mara de Comercio, Industrias y Agricultura de PanamÃ¡ (CCIAP), Ãrsula Kiener, enfatizÃ³ en que no ha visto tal ahorro de $63.
Mediante el comunicado las autoridades seÃ±alan que el decreto de Control de Precios ha ido de la mano con la implementaciÃ³n del Pacto Nacional por el Agro, pero a juicio de Kiener hasta la fecha solo se han presentado proyectos que parecen positivos, pero no se han empezado a realizar como debe ser.
Para el presidente del Sindicato de Industriales de PanamÃ¡ (SIP), Ricardo Sotelo, con la medida del control sÃ se ha dado un ahorro en los productos regulados, pero no se sabe cuÃ¡l ha sido su magnitud.
AÃ±adiÃ³, âaunque no estamos de acuerdo con la medida, no fue sorpresa que la extendieranâ.
RÃ³mulo Roux, Secretario General del Partido Cambio DemocrÃ¡tico (CD) denunciÃ³ este martes a Nex Noticias, que durante las elecciones parciales convocadas por el Tribunal Electoral en los distintos puntos del paÃs, hubo una alianza de esta entidad, junto con los partidos PanameÃ±istas y el Partido Revolucionario DemocrÃ¡tico para robar curules.
"El TE en alianza electorera con el PRD y el PanameÃ±ismo, en cercana colaboraciÃ³n con el ejecutivo, se trataron de robar las 11 curules. Solo pudieron por ahora, robarse 5â, sentenciÃ³.
Roux ademÃ¡s sostuvo que de esas 5, existen 3 circuitos plurinominales en la que el TE violÃ³ la constituciÃ³n permitiendo el doble voto, lo que hacia prÃ¡cticamente imposible al CD, que ganara nuevamente esas curules. âEl TE permitiÃ³ alianzas entre partidos violando el CÃ³digo Electoralâ.
Por otro lado, seÃ±alÃ³ que en cuanto a las otras 2 curules que intentan robarse, haciendo referencia al TE, PRD y PanameÃ±istas, manifestÃ³ que impugnarÃ¡n las elecciones en la que los candidatos oficialistas en el circuito 4-5 y 4-6 de la provincia de ChiriquÃ, cometieron flagrantes violaciones al CÃ³digo Electoral.
âLo hicieron con de forma burda porque saben que cuentan con el apoyo incondicional del TE y la alianza del Gobiernoâ, aseverÃ³.
RuÃz, Rosas y Ellis presentan impugnaciones de elecciones en los circuitos 4-5, 4-6 y 9-1
Tal y como lo habÃa anunciado RÃ³mulo Roux, secretario general del partido Cambio DemocrÃ¡tico (CD), varios candidatos a diputados presentaron demandas de impugnaciÃ³n por supuestas irregularidades en las elecciones parciales de los circuitos 4-5, 4-6 (ChiriquÃ) y 9-1 (Veraguas).
Manolo RuÃz (4-5) , Ana Giselle Rosas (4-6) y Porfirio Ellis (9-1) presentaron este 25 de diciembre, sus impugnaciones ante la FiscalÃa Electoral en PanamÃ¡, tras las elecciones realizadas en pasado domingo en ChiruqÃ y Veraguas.
"Presentando ante TE Demanda Nulidad de Elecciones celebradas el 21 de diciembre en el Circuito 4-6", escribiÃ³ Rosas en su cuenta de Twitter.
Los candidatos de CD habÃan denunciado ante de las elecciones parciales en ChiriquÃ y Veraguas, irregularidades como reparticiÃ³n de bolsas de comida y cheques de la Red de Oportunidades, acciones que, segÃºn ellos, favorecÃan a los candidatos de otros colectivos.
SegÃºn Roux, las pruebas en los circuitos 4-5 y 4-6 ya existen
La Estrella - El opositor Cambio DemocrÃ¡tico analiza presentar recursos de impugnaciÃ³n en los circuitos 4-5 y 4-6. AsÃ lo adelantÃ³ el secretario general del colectivo, RÃ³mulo Roux.
En los circuitos mencionados ganaron Athenas Athanasiadis, del Partido Revolucionario DemocrÃ¡tico, y Jorge Albero Rosas, del Partido PanameÃ±ista, respectivamente.
SegÃºn Roux, las pruebas en los circuitos 4-5 y 4-6 ya existen.
AgregÃ³ que en los tres circuitos plurinominales, aparte de las violaciones directas a las leyes electorales, van a presentar recursos de inconstitucionalidad ya que el Tribunal Electoral violÃ³ la ConstituciÃ³n en la forma en que se desarrollaron dichos procesos.
El expresidente Ricardo Martinelli escribiÃ³ en su cuenta de Twitter tras conocer los resultados de algunas de las votaciones de estas elecciones parciales.
"Doble voto inventado por Pinilla define los resultados en circuitos plurinominales. Regalo de navidad para el oficialismo", afirmÃ³ Martinelli en su red social.
En el circuito 6-1, Manuel Cohen conservÃ³ su curul con 8,170 votos, mientras que en el circuito 4-5 la candidata por el PRD, Athenas Athanasiadis, ganÃ³ con 9,617 votos.
En tanto, el panameÃ±ista IvÃ¡n Arrocha mantuvo su curul en el circuito 2-1, obtuvo 14,865 votos.
En el circuito 4-6, donde la disputa se daba entre Jorge Alberto Rosas, por el panameÃ±ismo, y Ana Giselle Rosas de Vallarino, por Cambio DemocrÃ¡tico, se impuso el candidato por el Partido PanameÃ±ista con 7,931 votos. Las elecciones se dieron en otros tres circuitos a nivel nacional.
Este panorama es calificado como el resultado del denunciado âdoble votoâ implantado con una solapada ilegalidad por parte del Tribunal Electoral, el cual beneficia de forma directa al PRD, que mantiene un pacto de gobernabilidad con el partido gobernante.
Fuentes del partido Cambio DemocrÃ¡tico seÃ±alaron que los resultados de estas elecciones parciales son producto del plan del âdoble voto ilegalâ impuesto por el Tribunal Electoral.
El CD ganÃ³ cinco de las 10 curules que fueron impugnadas y perdiÃ³ las que estaban en juego en los circuitos plurinominales, donde la situaciÃ³n era complicada por el doble voto.
Tras conocer estos resultados, el expresidente Ricardo Martinelli posteÃ³ en su cuenta de Twitter: Doble voto inventado por Pinilla (Erasmo, magistrado presidente del TE) define los resultados en circuitos plurinominales. Regalo de Navidad para el oficialismo.
La composiciÃ³n de la Asamblea Nacional, tras las elecciones parciales ordenadas a nivel nacional por el Tribunal Electoral, coloca al PRD con la mayorÃa de 26 diputados, 25 del partido Cambio DemocrÃ¡tico, 16 del panameÃ±ismo; Molirena 2; Partido Popular 1 y 1 independiente.
Para el jurista Ernesto CedeÃ±o, el pacto de gobernabilidad resultÃ³ en las elecciones de ayer, sin embargo, considera que ambos colectivos tienen un âasâ bajo la manga que la ciudadanÃa no sospecha. Hay un beneficio extra contractual que no sabemos.
Por su parte, el analista polÃtico Mario Rognoni asegurÃ³ que si el PRD y el panameÃ±ismo no se hubieran aliado, no hubieran podido derrotar al CD en estas elecciones parciales.
Hay una mÃ¡xima que dice que el enemigo de mi enemigo es mi amigo... ellos se unieron por un fin especÃfico, que era derrotar a Cambio DemocrÃ¡tico.
Analistas afirman que el Tribunal Electoral sembrÃ³ algunas dudas
Para expertos en materia polÃtica, el Ãºnico perdedor durante estas elecciones parciales fue el Tribunal Electoral.
En el caso de Edwin Cabrera, el mayor pecado de los magistrados, cuestionados fuertemente durante todo el proceso electoral, fue cambiar las reglas en el Ãºltimo momento. âEl Tribunal Electoral ha tomado decisiones absurdas como haber entregado una credencial en el 4-1, en el 9-1 y en el 2-1 para luego llamar a elecciones en estos circuitos. Pero ademÃ¡s, mediante un decreto modificaron las normas para la asignaciÃ³n de curules en los circuitos donde se debÃan hacer de forma plurinominal y no uninominalâ.
Para la exdiputada Teresita Yanis de Arias, el TE tuvo desaciertos que no deben repetirse.
âA mÃ lo que me ha llamado la atenciÃ³n ha sido la decisiÃ³n del Tribunal Electoral para resolver lo que fue, a todas luces, un fraude electoral masivoâ.
En tanto, Mario Rognoni destacÃ³ que este tipo de elecciones no motivan a los electores a salir.
Maritales es una obra ganadora del premio Dramaturgia de la prestigiosa Monte Avila Editores ediciÃ³n 2008. El autor es Ciro Acevedo YaÃ±ez, actor, director y dramaturgo venezolano.
Esta no es una obra para teatro escolar ni con temÃ¡tica juvenil, como su nombre lo indica trata sobre conflictos de pareja que los adolescentes y jÃ³venes no van a entender. Si estas buscando un texto para presentar de manera profesional, sigue leyendo. Y si el texto te gusta ponte en contacto con el autor sobre los derechos de presentaciÃ³n de su obra.
Obra de teatro para dos mujeres y un hombre
SERGIO: CincuentÃ³n bien conservado
MARY: PrÃ³xima a los 30 aÃ±os. Hermosa
LAURA: Cuarentona bien conservada.
Al centro, un espacio que aparenta ser un ventanal, servirÃ¡ para proyectar el mundo audiovisual que interiorizan los personajes de este mundo clase media conformado por: Sergio, somnoliento y apoltronado en su chaise longue mientras hace zapping. Viste una bata que le resta juventud. A su lado esparcidos, estÃ¡n los periÃ³dicos del dÃa y las revistas econÃ³micas de la semana y un bar portÃ¡til.
Ambos miran frontalmente al pÃºblico la secuencia del audiovisual:
1. Una misiÃ³n interplanetaria. Un mÃ³dulo espacial se desplaza por el universo, al fondo se ve la tierra.
2. Grandes inundaciones por efecto invernadero.
3. Rostro de niÃ±o africano, con evidentes signos de hambre.
4. Una pareja brinda amorosamente en un lujoso restaurante.
5. Ruinas por un bombardeo en el medio oriente.
6. Rostros sonrientes de polÃticos reunidos en una cumbre mundial.
7. EmisiÃ³n de gases altamente contaminante.
8. Deshielo de glaciales.
9. Una pareja besÃ¡ndose apasionadamente.
10. Subjetiva de una mujer llevÃ¡ndose a la boca una anticonceptiva.
(El audio en off es ininteligible porque se ha alterado mecÃ¡nicamente la velocidad del narrador. A Sergio le causa repulsiÃ³n la Ãºltima imagen de la secuencia. Compulso, apaga la emisiÃ³n del noticiero televisivo. Mary inalterable.)
SERGIO: Â¡SinvergÃ¼enzas!â¦ RazÃ³n tenÃa mamÃ¡ cuando sentenciÃ³ que las anticonceptivas, serÃan el comienzo de la degeneraciÃ³n moral.
The Language Schools receptionist can be reached at 802.443.5510. Please note that crowd management will be in effect at Language Schools events, and venues will be filled only to their stated capacity. --------------------------------------------------------------------------------
Language Schools are upon us, and I invite you to enjoy some of the cultural events taking place this summer. As in past years, we are listing what the Language Schools directors consider to be some of the highlights of the session. Please join us at some of these special cultural occasions.
As a reminder, due to Vermont state laws regarding public events, the majority of the Language Schools activities will not be open to the public. Members of the College community are not considered part of the general public and may attend events of interestâin language, of course. If you would like to bring a guest who is not a member of the College community, please check the events calendar to see if the event is open to the public. If it is not an open event, outside guests are not permitted to attend.
Please note that the Arabic and Italian Schools and School of Korean are located at our West Coast site, at Mills College, in Oakland, California.
The faculty and staff of the Language Schools look forward to seeing you over the course of the summer.
Dean of the Language Schools
Chinese School Saturday, July 8, 7:30 p.m. â Mahaney Center for the Arts Concert Hall
Music from China â Musical Performance
Music From China is a New York-based chamber group playing traditional Chinese instruments in styles ranging from mellow, tuneful classical and folk repertoire to cutting-edge compositions by todayâs composers. The ensemble will consist of three players performing on Chinese instruments including the erhu (two-string fiddle), zheng (long zither), pipa (lute), yangqin (hammered dulcimer), ruan (picked guitar), and dizi (bamboo flute).
School of Japanese
Friday, July 14, 7:30 p.m. â Mahaney Center for the Arts Concert Hall
Rakugo is a traditional Japanese art of storytelling, where performers sit in front of the audience and tell humorous, scary, or moving dramatic stories using vivid facial expressions and body language to convey different characters. At the yearly Rakugo performance, professional Rakugo players perform classic stories while a traditional paper-cutter cuts any student's request into a paper masterpiece.Â Students from the Rakugo club perform as well, and outside guests are welcome (basic English subtitles are provided).
Mid-July through September, hours vary - Center Gallery, McCullough Student Center
Zarzuela Poster Exhibit â Posters by Alfredo RamÃ³n
The Spanish School is celebrating 100 years this summer! Come browse the collection of Spanish School zarzuela performance posters from past years. The posters were created by Alfredo RamÃ³n, artist and Spanish School Faculty member, and span from the 1970âs through 2000.
Monday, July 17, 8:30 pm. â Mahaney Center for the Arts Concert Hall
Jonathan "Juanito" Pascual is acclaimed as one of the top flamenco guitarists on the international music scene. NPR has called him âone of the hottest flamenco guitarists in recent yearsâ and Boston Globe describes him as a âflamenco phenomâ.
Born in Minneapolis, MN on July 26, 1973,Â Juanito is recognized in both Spain and the United States as a unique and creative voice with mesmerizing virtuosity, warm and evocative playing, and original compositional style.Â Juanito has performed in many of the best-known fine arts centers, clubs, and festivals in the United States, and abroad including the renowned Tanglewood Jazz Festival, Lincoln Center, the 92nd St. Y, Blue Note Jazz Club, Boston's Jordan Hall, Regattabar, Panama Jazz Festival, Mexico City's Eurojazz Festival, and Madrid's Casa Patas. He has been featured in special events including concerts hosted by Jane Goodall in Panama, as a guest musician on Garrison Keillorâs Prairie Home Companion cruise in the Mediterranean, and as a guest on National Public Radio's "The World" program among other television and radio programs.Â In 2009, Juanito made his on-screen debut alongside Steve Martin and Andy Garcia in the 2009 "Pink Panther 2" film and is a featured soloist on the soundtrack composed by Spanish composer Arturo Cardelus of the 2016 film "Call Me Francesco" by Italian director Daniele Luchetti, about the current Pope.
Friday, July 28, 8 p.m â Mahaney Center for the Arts Concert Hall
Classical Music Recital
This classical music recital features gifted School of French student musicians performing on a variety of instruments and/or voice.Â The concert will be under the direction of our new Music Director, Clementine Dubost.Â A reception in the CFA lower lobby will follow the concert.
Friday, July 28, 9 p.m. â Wilson Hall, McCullough Student Center
Rythms of Brazil--Concert
Take a journey through the rhythms of Brazilian popular music. This concert will feature a rich variety of Brazilian music, including choro, samba, bossa nova, baiÃ£o, and MPB, with musicians Richard Miller (guitar), Vanderlei Pereira (percussion), Gigi MacLaugjlin (vocals), and Isabella Perazzo Campos (piano). You will witness an authentic Brazilian concert, where the audience also sings the lyricsÂ and dances samba and forrÃ³ with the abandon of a Carnaval party.
Davis School of Russian
Saturday, August 5,Â 8:00 p.m. âÂ Town Hall Theatre
Zolotoi Plyosâ Concert
Zolotoi Plyos, will return to campus to sing, dance, play folk instruments, and re-enact various Russian folk rituals during this exciting performance presented annually. Children are most welcome!
The Story of the Ancient CityâJerusalem Through the Camera Lens â Lecture by Shimon Lev
The lecture, presented in English, will examine the work of some of Jerusalem's well known photographers from the early century. Shimon Lev will talk about the significance and complexity from the photographer personal view as for the subject, artistic style and capturing the power of the moment. Photos from his exhibit that will reflect the many faces of the city's men, women and children, its sites, buildings, streets and familiar places from 1900-1950. Visit the website for more information.
Thursday, August 10, 8:30 pm - Town Hall Theater, Pre-performance talk (English) at 7:45 p.m.
Friday, August 11, 8:30 pm - Town Hall Theater, Pre-performance talk (English) at 7:45 p.m.*
âMarriage of Figaroâ - Opera performed by German for Singers students
Mozartâs âMarriage of Figaroâ, a comic opera in four acts that tells the story of how the servants Figaro and Susanna succeed in getting married, foiling the efforts of their philandering employer Count Almaviva to seduce Susanna and teaching him a lesson in fidelity.
Please note: There are a limited number of $15 tickets for the general public and college ID holders not associated with the German School.
*After the performance, you are invited to a reception in Jackson Gallery with cash bar
August 14-18, hours vary - Davis Family Library, Atrium
500th Anniversary of Martin Lutherâs Reformation - Exhibit
Come visit an exhibition commemorating the 500th anniversary of Martin Lutherâs Reformation, created by the students and faculty of the German School. The exhibit will include sound collages, interviews, a computer-based quiz, movable exhibition pieces, visuals and artifacts, and reproductions of Lutherâs writings.
For those asking about a company called Swiss Metals claiming to operate in Panama, an article in PanamaGuide.com reads :
Swiss Metal Assets S.A. (SMA), the Panamanian branch of Schweizerische Metallhandels AG, with offices in Switzerland and the Republic of Panama now offers you solutions for the protection of your wealth. Protection of your wealth can be achieved through purchasing physical ownership of rare industrial metals and industrial silver granulates. SMA products allows you to convert your currency into High Demand Rare Industrial Metals, TAX FREE.
Swiss Metal Assets, S.A., (SMA), and its trading partner Schweizerische Metallhandel AG, (SMH) are operating together throughout Europe and the Americas focusing on the trade and distribution of rare industrial and precious metals. *_Our business is not Stocks, Bonds, Shares Certificates, or Futures_* Five years ago three German entrepreneurs realized that there was a need for people to exchange the paper cash into real assets such as metals. They began selling Silver and Gold only, but after speaking with the owner of Haines & Maassen, one of the top traders in the world in rare industrial metals they made an agreement to offer Rare Industrial Metals to the general public for the first time as a contingency to secure and preserve wealth. Together they set up a company where you can invest in these metals and store them in the Swiss duty free zone, ZÃ¼rcher Freilager AG, a Swiss Warehouse Operator since 1923. Since then we have converted cash into real metals assets worth millions of dollars for Germans and many other Europeans. Now for the first time this is available in the Americas. (more)
The following process is supposed to be followed:
1. Sign Purchase and Storage Contracts
2. Receipt of Clientâs funds by Swiss Metal Assets
3. Transport of Metal Asset to the Entrepot Warehouse
4. Assets are assigned a Charge Number and an Invoice Generated
5. Client receives Invoice and Ownership Certificate
6. Time line is generally three weeks from receipt of funds
1. Two Options Client Request for ReSale or Industry Request for Purchase
2. With Client Request we will ask our Metal Trader for the daily price of each metal and advise client
3. With Industry Request our Metal Trader will provide the purchase price to the seller
4. Funds will be transferred to any Bank Account world wide
Floor 18, Office O of the Aseguradora Ancon tower, presumably the office of Swissmetal, Inc.
More recently, the SMH website announces that:
Panama City, Panama â Strong demand and rapid growth of Schweizerische Metallhandels A.G. (SMH AG), and their partner in the Americas Schweizerische Metallhandel Panama S.A. (SMH Panama) , a Panama based supplier of rare strategic metals, has allowed them to welcome Swissmetal Inc (SMI), as their second service provider. Knut Andersen, previously the sales manager of Swiss Metal Assets (SMA), their first provider, is spear-heading the new venture. SMI has been running at full capacity from their new Panama location in Costa Del Este since October 2012.
Clients of SMH are asked to sign this waiver of rights
Several clients who hired lawyers found to their surprise that:
SMH SCHWEIZERISCHE METALLHANDEL PANAMA,S.A., had as first directors:
SMH SCHWEIZERISCHE METALLHANDEL PANAMA, S.A., never had a business license. The company was dissolved on October 16, 2016. This means that a period of 3 years is open for liquidation of its assets with their last directors as trustees liable for its debts.
No Panama company called Swiss Metal Assets S.A. exists in the Public Registry but a New York LLC was registered in New York by Juliette Passer since July 21, 2011 https://opencorporates.com/companies/us_ny/4121004
The Panama Ministry of Commerce lists a company called Swissmetal Inc. with offices in Costa del Este, Panama City:
NÃºmero de Aviso de OperaciÃ³n:
2276052-1-786004 DV 23
Fecha de GeneraciÃ³n:
KNUT EGIL ANDERSEN
PANAMÃ, PANAMA, JUAN DIAZ
COSTA DEL ESTE
PH TORRE ASEGURADORA ANCON
PISO 18 LOCAL O
SERVICIO DE PROMOVER Y MERCADEAR LAS VENTAS DE METALES Y OTROS SIMILARES
This office is now part of an unrelated French company.
Investors should ask a lawyer to review a contract or conduct due diligence of its directors before sending funds to accounts related to any investment. Your suggesitons or corrections to this data are welcome and may be posted anonymously in the comments.
See also: http://www.panama-guide.com/article.php/20110107163500673 http://smhpa.com/contact/ https://www.panamaemprende.gob.pa/publico.php?pag=certificAO&anio=2014&ao=11692&Suc=655436&a_buscar=__swiss_______on_on&np=1 http://www.ripoffreport.com/reports/smh-schweizerische-metallhandel-panama-s-a/panama-city-other/smh-schweizerische-metallhandel-panama-s-a-smi-swissmetal-inc-i-have-also-invested-i-1355113
Bermuda Deputy PM and Finance Minister said it the way it is: OECD founder UK is actually a tax haven. And Richards is no parochial nationalist: he has experience working at a pension fund, courses at the IMF and an MBA in Canada.
'The UK is a tax haven' â Bermuda attacks plan to end financial secrecy
Monday 6 February 2017 15.32 GMT Last modified on Monday 6 February 2017 22.00 GMT
The government of Bermuda has hit back at British efforts to end offshore financial secrecy, claiming the UK itself is a âtax havenâ.
Speaking ahead of a meeting on Wednesday between Theresa May and the leaders of Britainâs overseas territories, Bermudaâs deputy premier and finance minister, Bob Richards, pushed back against proposed legislation that would create public registers naming the owners of offshore companies.
Richards said the UK should get its own house in order before making demands from its dependencies.
âThe UK is a tax haven,â he said, citing non-dom laws that allow foreign nationals to live in Britain without paying tax on overseas income.
âYou have more billionaires resident in London than any place on earth. They are not here for the weather, they are here for the tax climate. We have a double standard going on here.
âWe have a much more transparent, much cleaner system than the countries that promulgate these rules in the first place. The popular notion that somehow there is something nefarious going on in a small island that is relatively successful is false.â
From April 2017, however, non-doms will lose some of their advantages and foreign nationals will no longer be able to enjoy tax breaks indefinitely in the UK. Those resident in the UK for 15 out of the previous 20 years will be liable for inheritance, capital gains and income tax on their worldwide assets.
A cross-party group of 88 MPs, led by the tax campaigner Margaret Hodge, is backing an amendment to the governmentâs criminal finances bill that would force British territories to follow the UK in making public their company ownership registers by 2020.
âThere is a thing in this world called privacy and at least in my island privacy still exists,â added Richards. âThere is no public right to know anybodyâs private business.â
The Panama Papers exposed how thousands of offshore companies have been used to help hide the proceeds of fraud, political corruption and tax evasion.
Unlike most tax havens, Bermuda does keep a central government record of who owns its offshore entities. This information is available to other governments on request, but not to the general public.
Deputy PM Richards
Richards told the Guardian he would resist calls, first made by David Cameron in 2013, to open up the register. âThe register in Bermuda is there to protect the governmentâs reputation ... It is not the publicâs business. We are not here to tell you who is doing business in Bermuda,â he said.
âThere is a thing in this world called privacy and at least in my island privacy still exists,â added Richards. âThere is no public right to know anybodyâs private business.â
The Panama Papers exposed how thousands of offshore companies have been used to help hide the proceeds of fraud, political corruption and tax evasion.
Unlike most tax havens, Bermuda does keep a central government record of who owns its offshore entities. This information is available to other governments on request, but not to the general public.
Richards told the Guardian he would resist calls, first made by David Cameron in 2013, to open up the register. âThe register in Bermuda is there to protect the governmentâs reputation ... It is not the publicâs business. We are not here to tell you who is doing business in Bermuda,â he said.
The mid-Atlantic nation is a major centre of tax avoidance, with Google and other multinationals attracted by a zero corporation tax rate. Oxfam found that US corporations reported $80bn (Â£64bn) in profits in Bermuda in 2012 â more than their combined reported profits in Japan, China, Germany and France.
Bermuda should do what guarantees the future of its next generation. Destroying its financial center will not provide jobs for the future.
âPeople are pressuring overseas territories because they feel we are defenceless, in some way easy pickings,â said Richards. âThey are moving the goalposts on us almost every three weeks.â
The Bermudian premier, Michael Dunkley, has joined Richards in London this week for a series of briefings with UK ministers, with Brexit top of the agenda. Richards said his government was in listening mode but, if pushed, it would not hesitate to protect its interests.
He said last year he âwould not hesitate to go for independenceâ if his country were threatened by Brexit. Bermudaâs last push for independence was in a 1995 referendum.
Richards said: âAt the moment our interests are aligned but if that changes then we will have to think of ourselves. We must protect Bermudaâs interests. This amendment being proposed [by Hodge] is not in the interests of Bermuda.â
See full text in https://www.theguardian.com/business/2017/feb/06/uk-tax-haven-bermuda-financial-secrecy-offshore-companies
The Panama Stock Exchange reported that an auction will be held for the lot of land and improvements for the Hotel Unicorn (Park Inn by Radisson under construction on Finca 1025) in 44 Street and Justo Arosemena Av., in Bella Vista, one of the prime neighborhoods of downtown Panama City.
Corporate bonds were issued of which about $ 2.7 million were placed on the market for the issuer UHR Development (BVP: UHRD). The property will be auctioned by the bond trustee to interested qualified buyers under the terms and conditions of said issue.
The Independent provided this 1994 glimpse into how George Soros made billions with an offshore Netherlands Antilles fund using tax breaks which are now villified under the Panama Papers by the International Consortium of Journalists he sponsors. The Quantum fund was formed by Citco (Curacao Investment Trust Co) instead of a Panama law firm.
Lifting the lid of the Soros money machine:
In an exclusive journey through the labyrinthine empire of the master speculator, Stephanie Cooke and Charles Raw find gains are 'reallocated' to a charmed circle of associates
STEPHANIE COOKE and CHARLES RAW Saturday 5 March 1994
'I STILL consider myself selfish and greedy,' says George Soros. 'I am not putting myself forward as any kind of saint. I have very healthy appetites and I put myself first.'
Mr Soros is the man who made dollars 1bn when Britain left the European exchange rate mechanism in September 1992, earning him the status of a legendary investor. But that status was tarnished last month, when he lost a similar sum on the yen.
Nevertheless, he has set the tone for a new generation of large-scale professional investors who run so-called hedge funds on behalf of wealthy private clients. Markets regularly hang on his predictions for the course of gold, currencies and shares.
The size of these hedge funds means they are regularly singled out as the cause of seismic shifts in financial markets. That is putting Mr Soros into sharper focus, simply because he is the leader of the pack. If he should falter, the knock-on effect could be widespread.
That is why central banks have started to ask questions about unregulated offshore operations such as his.
Ever the master of public relations, Mr Soros welcomed the central banks' probe. 'I feel there is an innate instability in unregulated markets,' he told the Reuters news agency.
Until now, however, remarkably little has been known about how the Soros financial empire is organised.
The first detailed analysis of the funds' published documents reveals that he has created a complex and bizarre financial creature in which the interests of Mr Soros, his family, close friends and key executives in the business are incestuously intertwined with those of his public investors.
Some of those investors may not have noticed that in the past few years Mr Soros has altered the structure of the organisation so as to reallocate some of the profits in favour of his private circle.
Mr Soros started his offshore fund operation with dollars 4m in 1969, at the age of 39, after learning the arbitrage and investment business in London and New York.
He appears from the start to have aimed at wealthy individuals and professional European investors. He told prospective clients that the purpose of his key Quantum fund was 'to enable sophisticated investors to participate in an internationally diversified investment portfolio'. The Quantum fund is active in currency, commodity and interest- rate markets as well as equities and fixed-interest securities.
Later, in the early 1980s, Soros honed to perfection the technique of charging buyers a premium based on the supply and demand of fund shares.
Normally an open-ended investment fund is sold or redeemed at net asset value, with a sales charge added or an administrative charge deducted. But the Quantum fund can issue shares at a premium to its net asset value. The premium, however, is not based on an open market value.
Instead it is set by the fund's managing director, Citco (Curacao Investment Trust Co) in Curacao in the Netherlands Antilles. This is declared to be 'by or at the direction of the fund's board of supervisory directors', which is chaired by Alberto Foglia of the Banca del Ceresio in Lugano, Switzerland. Its seven other members are mainly European bankers and brokers, including in London the renowned fund manager Nils Taube of Lord Rothschild's St James's Place Capital.
In the late 1980s the Quantum fund's documents stated that the premium would not rise above 25 per cent. As the premium for buying the fund was as low as 1 per cent during that period, it was not an unduly onerous restriction. But in the past few years, as the fund's fortunes have risen, the restriction has been quietly dropped and the premium soared at one point to nearly 40 per cent. After the Japanese loss last month, it dropped four points to 35 per cent, but is now back to 36 per cent.
Possibly to avoid problems with the US authorities, Soros states that his funds are barred to Americans - whether in the US or abroad. At least one exception to this is Soros himself, who became a US citizen in 1961.
By 1972 the fund was worth dollars 20m. For reasons not made clear in recent documents, the operation was relaunched under the Quantum name in 1973. The fund was registered in the Netherlands Antilles, but Soros ran it from New York through Soros Fund Management. No information is given about this firm's precise corporate status, other than that it has always been wholly owned by him personally.
Although Soros now leaves the running of SFM to his executives, the documents state that in his 'personal capacity, he manages a securities trading partnership formed for the benefit of members of the Soros family and several other family accounts'.
By the end of 1980 the fund was worth more than dollars 380m and the net asset value of each share had risen by almost 4,400 per cent. In 1981 Quantum shares fell by 23 per cent, their first drop in value, and the fund nearly halved to dollars 193m. The following year a new category of share was created - the B share - in which Soros placed money invested by himself and his trusts and charities. His own main investment in the fund is now via these shares. It is through them that he apparently exercises control over the fund, although the voting rights of these shares are not explained in more recent documents. He can and does convert B into A shares from time to time, but these are primarily held by outsiders. No single external investor is allowed to exercise more than 4.9 per cent of the votes.
Although the fund recovered and grew once more, it hit another rocky patch in the late 1980s when more investors were selling Quantum shares than were buying. Around this time Soros made serious efforts to expand his operation.
In 1989, in spite of the fact that very few investors came into the fund, the net asset value of Quantum increased by 31.6 per cent.
Mr Soros had demonstrated the magical effect of simple mathematics, something not immediately apparent to laymen. Because of the high number of redemptions during 1989, the benefits were divided among fewer shares, so the net asset value still rose.
By then the operation was working as follows. Under an agreement approved by shareholders in 1988, Soros Fund Management is paid a basic investment advisory fee of 1 per cent a year, payable monthly. But the real cash cow is the annual performance fee. The fee is mainly composed of a sum equal to 15 per cent of any increase in net assets resulting from the fund's operation - before the deduction of the performance fee itself, of course.
There is another element in the fee - 15 per cent 'in net assets resulting from premiums realised on fund share subscriptions and premiums or discounts realised on fund share redemptions'.
Although the fund can issue shares at a premium direct to investors and - as is normal with open-ended funds - redeem them, in practice Quantum acts differently.
It has a subsidiary called Quasco which sells Quantum shares at a premium and buys them back either at a smaller premium or, should the situation arise, a discount of up to 1 per cent. Quasco makes a profit from the margin between the premiums charged to buyers and the price offered to sellers. In recent years the margin has been around 4-5 per cent.
Quasco's accounts are not available, but it is clear it makes a substantial amount of money through these dealings. This money has historically been reinvested in the fund and SFM has taken its 15 per cent cut.
Indeed, the very fact that the money was ploughed back has been used as a strong promotional point by brokers selling the funds.
But in 1991 things started to change. In a significant restructuring of the operation that included the launch of new funds, Mr Soros began the 'reallocation' of some of the gain for 'selected persons associated with SFM'.
By then Mr Soros had apparently finally decided that Quantum's growth had to be curtailed. In February of that year he announced the biggest distribution so far: dollars 4,000 per share, a total of dollars 611m. To satisfy investors who did not want cash, he offered shares in a new fund, Quasar International.
Quasar was a different animal to Quantum. Instead of investing directly in securities, it would invest only in one entity - Quasar International Partners. That in turn would carry out investment activities under advice from SFM. But Quasar, like Quantum, had a dealing subsidiary, Quinter.
The fund was not the only investor in the partnership, however. Mr Soros, 'certain members of his family and other selected persons associated with the partnership's management' also joined the club.
The Quasar fund has had a very successful run. In only its second year of operation it showed an increase in net asset value per share of 56.2 per cent, following a 44.9 per cent rise the previous year.
The accounts for the year ending 31 January 1993 show that of the dollars 18.2m netted on premiums, dollars 5.6m was 'reallocated to other partners'. In the previous year they were allotted dollars 2.55m in premiums. These reallocations were based on their share of the partnership, which had risen from 24.6 per cent at the outset to 29 per cent by the end of the second year, partly because of the reallocations.
Thus Mr Soros, his family and key members of his management team had effectively increased the membership dues for Quantum's sophisticated investors in the fund, and helped to dilute the fund's interest in the partnership.
In the explanatory memorandum about Quasar, Mr Soros explained that 'the Fund's net profit or loss from transactions in the Fund shares (whether realized directly or through Quinter) generally is accounted for as if earned by the Partnership, and thus is shared among the Fund and the other partners.'
Close examination of the accounts also reveals that the 'selected persons' appear to have benefited in another way from the establishment of the partnership.
In April 1991 Soros told Quantum shareholders that they had subscribed for a total of dollars 541m in 'Quasar', without specifying whether he meant the fund or the partnership.
In fact the accounts reveal that while dollars 541m of Quantum's assets were indeed transferred to the Quasar partnership, the Quasar fund's initial net asset value was only dollars 493m - a difference of dollars 48m.
The Quantum investors choosing to invest in Quasar were thus effectively paying a premium of about 9.5 per cent for their new shares.
Another discrepancy appeared in the calculation of the net asset value at the end of the second year. While the fund's holding of the partnership at that time was 71 per cent, when it came to dividing up the net increase in the partnership's capital resulting from operations, the fund got only 67.1 per cent. This is possibly because the 'selected persons' do not pay advisory fees.
The pattern for spinning off new funds had been set.
When Quantum's next distribution of dollars 1.166m was made in February 1992, two further funds were launched: Quota and Quantum Emerging Growth.
Quota was different because it would be managed entirely by outside advisers (but, of course, under SFM's overall direction).
Quantum Emerging Growth remained inside the SFM stable - but its performance fee was set at 20 per cent and also spawned a partnership arrangement similar to the Quasar operation. In effect, therefore, it too raised the stakes for the growing ranks of investors in what was by this stage fast becoming the Soros phenomenon.
This time, though, there was no discrepancy between the assets of Quantum transferred to the partnership and the new fund's equity stake, according to the accounts issued for the first 15 months to 31 March 1993.
During that period the 'selected persons' put some dollars 100m into the partnership. Their share rose from less than 5 per cent at the outset to 15 per cent at the end of the period. Their allocation of the dollars 40m in profits, generated by the premiums from dealings in the fund's shares, was dollars 4.7m.
As the fund's fortunes rocketed, self-restraint among its management seemed to wane. The 25 per cent restriction on the premium had long since disappeared.
Then it spawned two property funds, each with a high- profile partner.
One, Quantum Realty Trust, was with Paul Reichmann, whose Olympia & York operation had collapsed as a result of the financial drain of the Canary Wharf development in London's Docklands.
The other, Quantum UK Realty Fund, was with John Ritblat of British Land. Again, capital was provided partly out of distributions from Quantum and Quasar as well as by Mr Soros and his family, but also this time by other participants.
Although the structure of these new funds is highly complex, they are essentially closed- end operations. What may not have been noticed was that in June 1993 the directors of the open-ended flagship - the Quantum fund - removed an important investment restriction: a prohibition on direct investment in property.
Until the audited accounts for 1993 are available (they are expected to be out in May or June), investors will not know whether advantage has been taken of this change, or what effect it may have had on the liquidity of the fund.
Last year, Quantum quietly transformed itself. On 1 August 'substantially all' of Quantum's assets and liabilities were transferred to a new Curacao partnership, Quantum Partners.
As with Quasar and Quantum Emerging Growth, the Quantum fund is not the only partner. 'Selected persons associated with SFM' - including SFM's managing directors - subscribed for 1.3 per cent of the new partnership's net equity.
In effect they were getting a share in Quantum without having to pay a premium. Already by the end of September their share of the net equity had risen to 1.9 per cent - dollars 78m - and, as with Quasar and Quantum Emerging, they would get a share of the net premiums made from dealings in the flagship fund.
Again, just how much this will be will not be known until the 1993 accounts are available. But in 1992 such dealings contributed dollars 68m towards the rise in the fund's net asset value.
Additionally, SFM's managing directors and 'trusts and charitable foundations created by them' have taken an insurance policy on the future of the fund. This comes in the form of dollars 220m of convertible debentures that pay 6 per cent a year and are convertible in 2003 into partnership shares at 120 per cent of their net asset value on the issue date. They may be worth considerably more than that by then.
In the great tidal wave of money into the Soros empire, which at the end of 1993 stood at dollars 4.9bn for Quantum alone and more than dollars 10bn for the whole group, there is another sum that may one day cause repercussions of its own: the size of the performance fee that SFM leaves in the fund. At the end of 1992, the latest reckoning available, that totalled nearly dollars 550m.
These deferred fees are so structured that they share in the appreciation of the fund, but investors are given no clear picture of when SFM can or will withdraw them.
It is curious that Mr Soros has not yet taken this money out, since it would be one way of reducing the size of the funds. But to take it out quickly now might suggest he was losing confidence in his own creation.
See full text in http://www.independent.co.uk/news/business/lifting-the-lid-of-the-soros-money-machine-in-an-exclusive-journey-through-the-labyrinthine-empire-1427341.html
In the next hours expect more news about one of the newcomer banks in the Panama financial system and the developer of the Soho shopping mall.
Action Exposes Extensive Drug Money Laundering Network Based in Panama
WASHINGTON â Today, the U.S. Department of the Treasuryâs Office of Foreign Assets Control (OFAC)
designated the Waked Money Laundering Organization (Waked MLO) and its leaders, Nidal Ahmed Waked Hatum (Waked Hatum) and Abdul Mohamed Waked Fares (Waked Fares), as Specially Designated Narcotics Traffickers pursuant to the Foreign Narcotics Kingpin Designation Act (Kingpin Act). OFAC also targeted six Waked MLO associates and 68 companies tied to the drug money laundering network, including Grupo Wisa, S.A., Vida Panama (Zona Libre) S.A., and Balboa Bank & Trust. Panamanian-Colombian-Spanish national Waked Hatum and Panamanian-Lebanese-Colombian national Waked Fares co-lead the Waked MLO, which uses trade-based money laundering schemes, such as false commercial invoicing; bulk cash smuggling; and other money laundering methods, to launder drug proceeds on behalf of multiple international drug traffickers and their organizations. As a result of todayâs action, all assets of these individuals and entities that are under the jurisdiction of the United States or in the control of U.S. persons are frozen, and U.S. persons are generally prohibited from engaging in transactions with them.
âThis action exposes the Waked Money Laundering Organization and disrupts its ability to launder drug trafficking proceeds using trade-based methods, duty-free retail, real estate development, and financial services throughout the region,â said John E. Smith, Acting OFAC Director. âWe look forward to working jointly with the Panamanian authorities to protect the Panamanian and U.S. financial systems from abuse by narcotics traffickers and other illicit actors.â
In addition to the Waked MLO and its two leaders, the OFAC action designated six Panama-based MLO associates for providing material support and/or acting on behalf of the MLO: Gazy Waked Hatum, Ali Waked Hatum, and Jalal Waked Hatum, brothers of Waked Hatum who manage Waked Hatumâs import/export, retail, and real estate businesses; Mohamed Abdo Waked Darwich, Waked Faresâ son, who manages Waked Faresâ duty-free retail and real estate development operations; and two attorneys, Norman Douglas Castro Montoto and Lucia Touzard Romo, who provide a variety of services, including incorporating shell companies, to the Waked MLO and serve various roles in several Waked-related companies.
Todayâs designations also target the principal Panama-based companies used by the Waked MLO to launder drug and other illicit proceeds: Vida Panama (Zona Libre) S.A., an import/export company in Panamaâs Colon Free Trade Zone; Grupo Wisa S.A., a holding company for businesses involved in real estate, construction, retail, hospitality, and media, including the La Riviera chain of duty-free stores operating throughout Latin America; Soho Panama S.A. and related entities, including a luxury mall and real estate development in downtown Panama City; Balboa Bank & Trust, a Panamanian bank; and the Strategic Investors Group Inc., a holding company that owns and controls Balboa Bank & Trust as well as two other financial services companies. Balboa Bank & Trust was used to launder narcotics and other illicit proceeds for multiple international criminal organizations.
See full text in https://www.treasury.gov/press-center/press-releases/Pages/jl0450.aspx See also Balboa Bank & Trust www.balboabanktrust.com Strategic Investors Group Inc. http://www.sigroup-inc.com Strategic Investors Group Inc. stock http://www.panabolsa.com/es/emisor/sigr/ Grupo Wisa www.grupowisa.com
Due to the negative effects of an OFAC listing, Balboa Bank & Trust was intervened by the Panama regulator as of 2:30 pm of May 5 for 30 days until June 5, subject to a 30-day extension. The text in Spanish of the regulator notice is in
The International Consortium of Investigative Journalists (ICIJ) funded by George Soros will release on May 9 what they claim are the actual emails of the people behind offshore companies formed by Mossack Fonseca. More than 50% are not related to Panama companies, but IBCs from BVI and Bahamas, yet they are called the Panama Papers because they were formed by a law firm in Panama founded by a lawyer born in FÃ¼rth, Germany. None of the funds from the companies reported so far were kept in Panama banks - instead they were kept at banks in Switzerland, Channel Islands and Hong Kong who requested those companies for clients on whom presumably they conducted KYC due diligence searches.
None of that will matter because on May 9 the data base of all correspondence will be released, after being censored by ICIJ to make sure that no friends of its sponsors are disclosed (what they call "a careful release of basic corporate information"). Since ICIJ has threatened to release correspondence dating back to the formation of the firm in 1978, current and former clients should consult with legal counsel in their country about the consequences of this release.
The International Consortium of Investigative Journalists will release on May 9 a searchable database with information on more than 200,000 offshore entities that are part of the Panama Papers investigation.
The database will likely be the largest ever release of secret offshore companies and the people behind them.
The data comes from the Panamanian law firm Mossack Fonseca, one of the top players in the offshore world, and includes information about companies, trusts, foundations and funds incorporated in 21 tax havens, from Hong Kong to Nevada in the United States. It links to people in more than 200 countries and territories.
When the data is released, users will be able to search through the data and visualize the networks around thousands of offshore entities, including, when available, Mossack Fonsecaâs internal records of the companyâs true owners. The interactive database will also include information about more than 100,000 additional companies that were part of the 2013 ICIJ Offshore Leaks investigation.
While the database opens up a world that has never been revealed on such a massive scale, the application will not be a âdata dumpâ of the original documents â it will be a careful release of basic corporate information.
The journalist consortium responsible for the "Panama Papers" story is funded by the Ford Foundation and George Soros' Open Society Foundation. On April 5 show, researcher Leo Zagami breaks down how the "Panama Papers" could influence global politics.
For just $309, you too can hide your assets â in the U.S.
The website for Corporation Makers promises that owning a business can remain âyour deep dark secret.â
âDo you wish to own land or other assets without anyone becoming aware of it?â it advertises.
Not a problem. All for as little as $309.
The pitch doesnât rely on the loose rules of well-known offshore havens such as the Cayman Islands. Itâs about Nevada.
Nevada is among a handful of U.S. states with liberal incorporation laws that offer many of the same benefits that have drawn business tycoons, politicians and money launderers from around the world to hide their wealth in exotic locales â a secret economy revealed this week in a series of reports based on leaked documents from a Panamanian law firm.
The so-called Panama Papers show how the firm Mossack Fonseca set up shell companies for the rich to shield their millions from the prying eyes of tax authorities and the public.
The firmâs most common destination was the British Virgin Islands, where it worked with more than 100,000 entities. But its seventh-most popular place to set up corporations â after island nations such as Seychelles â was Nevada, with more than 1,000 companies.
In pursuit of fees and other revenue, several U.S. states have competed with each other in recent decades to attract people from around the world starting businesses. The states promise minimal taxation and maximum legal protection and privacy, much like offshore tax havens.
âThe mechanisms are pretty much the same here,â said Matthew Gardner, executive director of the Institute on Taxation and Economic Policy, a nonprofit in Washington. âThereâs nothing special happening in Panama. Panama is pretty much a microcosm of what the U.S. is a willing partner in.â
Financial watchdog groups have dubbed the competition among states a ârace to the bottomâ that places the U.S. among the worst places in the world for corporate transparency.
âFrom the states' perspective, the end game is to raise revenue for the state by creaming off fees from large numbers of companies incorporating there â and the consequences be damned,â one such group, the Tax Justice Network, based in the United Kingdom, wrote in a 2015 report.
When John Cassara, a former special agent with the U.S. Department of the Treasury who investigated money laundering and fraud, was training foreign investigators, they would often ask about âthis thing called Delaware.â
âYouâve heard the expression âfollow the moneyâ?â Cassara said. âWell, when the money trail leads to a Delaware corporation, it is almost a dead end for law enforcement.â
More than a century ago, Delaware sought to attract businesses by allowing companies to write governance rules that shielded management from liability and eliminated standard protections for shareholders.
Today, the state is the legal home to 1.1 million companies, 95% of which have their principal location in another state or country. Tens of thousands of businesses list the same Delaware addresses, home to their incorporating agents.
The businesses registered in Delaware include 65% of Fortune 500 companies.
But many more are limited liability corporations essentially unknown to all but the owners and their agents and lawyers, drawing enough criticism that the state maintains a âfacts and mythsâ Web page.
âDelaware has a comprehensive statutory and regulatory regime to protect the public from improper behavior by business entities, just like other states,â it says.
State officials say that over the last decade or so they have cracked down on a variety of questionable practices, including the use of shelf corporations, or old shell companies that are sold to start-ups trying to pass themselves off as businesses established long ago.
Not in dispute are the benefits to Delaware: corporate franchise taxes â the fees for maintaining a business â provide the state nearly $1 billion a year, or a quarter of its annual revenue.
That success has drawn the attention of other states looking for sources of revenue.
In the 1980s, Nevada began revamping its corporate laws to minimize liability for management.
Among its biggest draws is secrecy.
The state allows ânomineesâ to file company documents while the identities of the true owners remain hidden.
That is a key selling point for many incorporation companies that specialize in establishing businesses in Nevada.
A common practice is for a nominee to be âappointed in the morning,â file state paperwork by lunch, and then resign by dinner, according to the incorporation site www.Nevada123.com.
âThe less the public knows about your affairs, the less engaged they can become,â the site says.
Nevada and other states say their rules are not meant to encourage illegal activity.
But secretive entities have long been used to move and hide money. Hard-to-trace shell companies have served as fronts for controversial foreign buyers of top-end real estate in cities including New York and Miami.
Federal rules have also allowed U.S. political donors to hide campaign contributions by donating to super PACs through limited liability corporations.
One prominent Republican donor, the gambling industry magnate Sheldon Adelson, tried to hide behind secrecy protections when he purchased the Las Vegas Review-Journal last year.
The companyâs journalists were informed one day that their new owner was a company called the âNews + Media Capital Group,â which had been recently incorporated in Delaware with âundisclosed financial backers with expertise in the media industry.â
Corporate documents listed Michael Schroeder, a Connecticut newspaper publisher, as the companyâs manager but did not name the owner, whose identity was only revealed after the newsroom revolted and its reporters launched their own investigation.
Adelson had originally denied buying the paper.
Gardner, of the financial watchdog nonprofit, explained the cost of such secrecy: âThere is a basic matter of democratic distrust when you donât know whoâs running things.â
Secrecy has been allowed to flourish in the U.S. even as the government tries to improve corporate transparency abroad in an effort to cut off funding for terrorism, drug trafficking and other illicit activity.
But pressure is building on federal and state officials to address corporate secrecy. This week, U.S. Treasury officials said they could soon issue a rule change that has been in the works to require banks and other financial institutions to obtain information about the owners of companies.
News reports about the Panama Papers this week have already put some state officials on the defensive, with some critics calling for federal requirements that states disclose businessesâ true owners.
Wyoming launched an audit Monday of 24 companies in the state linked to Mossack Fonseca and discovered they had failed to provide ârequired statutory information for performing the duties of a registered agent under Wyoming law.â
Wyoming Secretary of State Ed Murray promised to fight fraud and possibly seek changes in state law. At the same time, he defended the way Wyoming did business.
âI oppose a one-size-fits-all federal law mandating the dissolving of privacy protections,â he said in a statement. âWe are not naive as to the importance of the release of these 'Panama Papers,' but we will not compromise the privacy of our customers.â
See full text and comments in http://www.latimes.com/world/la-fg-panama-papers-americans-20160407-story.html
PANAMA PAPERS INFORMANT FIRST SOUGHT TO SELL THE INFORMATION IN PANAMA
The story of the informant (or informants) responsible for releasing the "Panama Papers" document to the global press is far more complex than the media is making it out to be. Mossack and Fonseca's description of the theft of the information, as a cyber-hack, is simply not true, as you know. Let's clear the air on the individuals known to be involved, especially since readers are now writing in, and asking me to identify the players.
First of all, the original informant, as previously detailed in this blog, was a receptionist at the Mossack law firm; she served as RamÃ³n Fonseca's longtime mistress, and, of course, had access to the firm's email accounts. After the affair ended badly, she left the firm, taking with her a large number of emails and documents.
Thereafter, she attempted to vend her documents around Panama City, and did sell off small segments; this was back in 2008 and 2009, a fact that seems to have escaped most of the published stories purporting to report on the facts, which made it appear that this all occurred only one year ago. Some of her documents did find their way into the hands of US law enforcement agencies, leading to speculation that the information may have been responsible for subsequent indictments of narcotics traffickers, the demise of HSBC, and the departure of Citibank from Panama.
Her name is Jahaira M., for those who are still curious, though I have omitted her last name to spare her hundreds of hungry journalists appearing at her door tonight. The most recent action, regarding the documents, that I am aware of is a contact she had in Germany, which may explain the appearance of the documents first at Sueddeutsche Zeitung. She is believed to still reside in the Republic of Panama; That is why I chose a photo of her that preserves her privacy.
Second, the sources may consist of more than one cooperating individual; we have previously covered the matter of the married Panamanian couple, he a wealth management officer at Mossack and Fonseca, she a former compliance officer there. It is not know whether he is still working there, so it is best that both of these individuals remain anonymous for now. I have deleted part of their last name; Mr. & Mrs. San***z.
They were active in what I can only describe as Panama's extreme nightlife scene, where my investigators first had contact with them; this was after Jahaira was hawking her emails and documents. The couple were also selling confidential MF documents, and again some found their way into the hands of US law enforcement, which probably contributed to subsequent arrests.
Therefore, we cannot say for certain that any one individual is the sole confidential informant that leaked the documents we now refer to as the "Panama Papers."
Full text in pictures in http://rijock.blogspot.ru/2016/04/panama-papers-informant-first-sought-to.html See also Google+
Hillary Clinton last week lunged into her most flagrant fit of hypocrisy yet.
With Bernie Sanders surging, she took new aim at the rich â including their use of tax dodges.
She told MSNBC: âWe can go after some of these schemes â¦ the kind of misclassifying of income, trying to make it look like itâs a capital gain, when itâs really ordinary income, going ahead and routing income through the Bahamas or the Cayman Islands or wherever.â
Huh. Bloomberg News reported in 2014 on the Clintonsâ use of a prime tax dodge: They put their Chappaqua home into a âresidence trustâ in 2010. Such trusts can save hundreds of thousands of dollars in estate taxes.
Meanwhile, the Clintonsâ family wealth has grown big-time thanks to firms with significant holdings in places like .â.â. the Caymans.
As The Daily Caller notes, Bill Clinton spent years as a partner in his (now-ex-) buddy Ron Burkleâs investment fund Yucaipa Global â registered in the Cayman Islands. In five years, Bill pocketed at least $10 million.
In 2011, her hubby also earned at least $225,000 in speaking fees from Whisky Productions for an âevent that will target the business community in Grand Cayman.â
Itâs a family thing: Chelsea Clintonâs hubby, Marc Mezvinsky, is a partner in a hedge fund with multiple holdings incorporated in the Cayman Islands.
And donât get us started on the whole clanâs use of the Clinton Foundation.
Full text and videos in http://nypost.com/2016/01/18/hillary-clintons-caymans-tax-dodge-hypocrisy/
See also http://mypanamalawyer.blogspot.com/2009/04/clinton-invested-in-cayman-tax-haven.html
The country faces a review on its financial services sector by the Global Forum.
Following the announcement of President Juan Carlos Varela on the commitment of Panama to exchange financial information, the director of the Center for Fiscal Policy and Administration of the Organization for Economic Cooperation and Development (OECD) Pascal Saint-Amans acknowledged that the pledge is a step forward for Panama but said the country still has a long way to go.
Saint-Amans spoke with La Prensa during the annual meetings of the International Monetary Fund and World Bank, which concluded yesterday in Lima, Peru. The following are questions and answers from the interview.
What do you think of Varela's pledge?
It is a good step forward. In October of last year, 94 countries committed themselves to the automatic exchange of information. They pledged to implement the standard. Panama was one of the few jurisdictions that did not make the pledge, along with Bahrain, the Marshall Islands, Vanuatu and Nauru, with Panama being the only significant financial center.
Panama said it would exchange information, but that it would not accede to a multilateral convention. what is your opinion of that?
From a legal point of view, once a commitment is made, it has to be implemented. To share information, it can be done through a multilateral convention, or it can be done bilaterally. In that case, one should move fast if you want to grant the exchange of information to all interested countries that meet the standard of confidentiality.
Do you think that Panama will pass to the second phase of the review of its jurisdiction?
The peer review, which includes 30 countries, has made that recommendation to the Global Forum, which has until the end of October to decide. I think it was premature of Panama to announce that, as it broke the rules of confidentiality. It is more than likely, but who knows. There are members of the Global Forum who are not in the peer review group. We have to wait for the Global Forum, which is the sole decision-making body in this matter. In substance, it is true that the members of the review group have recognized some progress that was made in Panama.
Varela said that debate on the exchange of information should be conducted in the UN. Do you agree?
It is an opinion I respect completely. But in this case, there are 127 jurisdictions, including Panama, that are members of the Global Forum. What matters is that all countries are equal. No longer is the OECD a group of countries dictating what rules other countries have to make.
In Panama there is a concern because the steps demanded by the OECD could hurt the competitiveness of the financial services industry. Do you agree?
It is not true. Because all countries have moved. What happens is actually the opposite. Panama won a competitive advantage by not conforming. That is why other countries think that the situation is very unfair because Panama is receiving money that they have lost. The perception in Panama is really different from the perception outside.
Do you think that those flows of money look to hide the funds from tax authorities?
The reviewer group will decide that. But that's basically what we heard from the banking industry.
In the country there is a sense that a double standard is used. That the United States is not required to provide information with the same level of transparency that it demands from Panama. Is that a fair statement?
The rules are the same the United States is expected to act with reciprocity with any other country. Look at the review of the United States. It has a mark in regards to beneficiaries and they have to change. Currently they are providing required information, but not enough
- See more at: https://ssl.prensa.com/suscdigital
More Pascal Saint-Amans statements in Panama: Profits for two men and a dog http://mypanamalawyer.blogspot.com/2015/07/panama-profits-for-two-men-and-dog.html
The Economic Case for Tax Havens http://mypanamalawyer.blogspot.com/2014/10/the-economic-case-for-tax-havens.html
The reorganization committee of Banco Universal started last week the process of sending letters to all general license banks to participate in the sale process of the company. Banco Universal was intervened by the regulators back in June 2015 and is one of the smallest banks of the Panamanian banking system.
The process of receiving proposals will be open for 20 days, said Gustavo Villa, secretary general of the Superintendency of Banks of Panama (SBP). Those interested in acquiring the operations of Banco Universal will have 20 days, starting August 10, to submit their bids.
In negotiating Banco Universal operations there are two possible scenarios: the purchase of the loan portfolio, or the purchase of portfolios, plus deposits.
Interested parties will have available a virtual data room with general information about the bank after signing a confidentiality agreement. They should express a non-binding offer at that time, and if they are interested or not to continue in the process. The entire sale process is expected to last between 90 and 120 days.
BANCO UNIVERSAL, S.A. (under intervention)
FINANCIAL STATEMENTS (in thousands of dollars)
Local Deposits in Banks
Foreign Deposits in Banks
INVESTMENTS IN SECURITIES
Earnings for the Period
Gain or Loss in Securities available for Sale
LIABILITIES AND EQUITY
For full text see http://www.critica.com.pa/nacional/el-proximo-lunes-inicia-proceso-de-venta-del-banco-universal-401034
Global Finance magazine has an interview with a technocrat featured as "the new guard" Pascal Saint-Amans (@PSaintAmans), an OECD veteran named director of its Centre for Tax Policy and Administration in February 2012, who is overseeing the guidelines review.
It is very revealing that Saint-Amans told Global Finance in an interview: âProfits cannot be located in a place where you have two men and a dog,â which basically means that Panama will never cease to be in black or grey lists (or that Panama has 3 million people and 1.5 million dogs).
Multinational corporations could have a much more difficult time shifting profits to low-tax jurisdictionsâand deductions to high-tax onesâunder new OECD rules.
When Apple CEO Tim Cook testified in defense of the computer giantâs tax practices on Capitol Hill in late May, Cook was speaking for many multinational corporate executives when he insisted that Apple paid every bit of tax the company owed to the US and other countries. But that, according to critics, is precisely the problem. The current international tax system, based on a practice known as transfer pricing, lets multinationals shift income from parent companies or their subsidiaries located in high-tax jurisdictions, such as the US, to those in low-tax regimes, and do the opposite with deductions. As a result, critics say, companies artificially minimize their liabilities or even avoid them entirely, and do so legally, thanks to the widely accepted current basis for transfer pricing.
With a great deal of scrutiny coming to bear on corporate tax practices worldwide, the Organisation for Economic Co-operation and Development (OECD) is looking at ways to revamp its guidelines on international tax practices. Until there is clarity on how this review will evolve, however, corporations are wondering, and worrying over, what it will ultimately mean. An OECD report in February to the G20 countries noted: âThere is increased segregation between the location where actual business activities take place and the location where profits are reported for tax purposes.â
And though the cost to governments, many of whom are facing sovereign debt woes because of gaping fiscal deficits, may be impossible to gauge precisely, some estimates put it in the trillions of dollars. âIf we could estimate it, we could tax it,â says David Spencer, an international tax attorney based in New York, who describes the problem as âmonumental.â
The scope of the tax shortfall is evident in a 2008 World Trade Organization estimate that only 40% of world trade occurs between independent companies. The rest is conducted intracompanyâand taxing of that income falls under the current murky transfer pricing rules. That proportion has probably decreased since then, as the global economic downturn has seen industries consolidate further. To help close this gap in lost tax revenues, the OECD has revisited the guidelines it established in 1995, and revamped in 2010, as the basis of transfer pricing practices in most of the world. An action plan that the OECD presented to the G20 in late July detailed 15 steps it expects to take over the next year to two and a half years to deal with transfer pricing and related issues.
The OECD is acting after being accused of dragging its feet. âThe current system is not workable,â says H. David Rosenbloom, a professor and director of the International Tax Program at New York Universityâand former Treasury official.
OECDâS NEW GUARD
The evolving perspective at the OECD is owing in part to changes within the organizationâs structure. Some critics say that much of the tax staff of the OECD until recently was âcapturedâ by private industry, with members moving between positions in the organization and private industry as if through a revolving door. But it may have as much to do with the shifting power of member countries. Countries such as Brazil, China and India have rejected the OECDâs guidelines in favor of their own, more draconian regulations, bringing pressure to bear on the organization to enact change.
Saint-Amans, OECD: Profits cannot be located in a place where you have two men and a dog
Regardless of the reason behind it, the OECD has had âa very serious change of heartâ about the current system, observes Spencer. âThere is a new guard that realizes itâs up against the wall.â
The new guard includes Pascal Saint-Amans, an OECD veteran named director of its Centre for Tax Policy and Administration in February 2012, who is overseeing the guidelines review. As Saint-Amans told Global Finance in an interview: âProfits cannot be located in a place where you have two men and a dog.â
In fact, a growing number of countries arenât waiting for the OECD to act. France recently slapped Amazon and Google with tax bills of â¬700 million ($930 million) and â¬1.7 billion, respectively, for reassessed liabilities based on their transfer pricing practices, while Denmark hit Microsoft with a â¬778 million reassessment. India is seeking $2.5 billion from Vodafone in a long-running dispute over that companyâs 2007 acquisition of telecom assets from another company based in the Cayman Islands and Mauritius. All of those companies declined to comment, as did Apple and several other multinationals contacted for this article. For such companies, uncertainty over tax liabilities are increasingly a key concern. If the OECD fails to come up with a more effective system, companies may find that âindividual countries do their own thing,â Robert Stack, deputy US Treasury secretary and the departmentâs international tax counsel, warned at the tax conference in New York.
The question is what type of change the OECD can get most if not all countries to accept, since it operates by consensus. Even if its action plan is accepted by the G20, as is expected at a meeting this month, and the OECD finalizes its proposal within the envisioned time frame, global governments and legislatures would then have to pass laws to embrace them. During that interval, corporations are sure to lobby against many of the changesâand dissenting countries, to push for even stronger ones.
The OECDâs current transfer pricing guidelines are used widely in tax treaties based on the so-called âarmâs-lengthâ principle, under which companies are supposed to price intracompany transactions as if they were conducted between independent companies. That is supposed to result in appropriate taxation by each jurisdiction.
But critics say such pricing can understate income, because independent companies naturally enjoy smaller profits on transactions than those between parents and their subsidiaries, thanks to economies of scope and scale. And so-called âcomparablesââbased, for example, on royalty agreements within industriesâthat companies currently rely on to price cost-sharing agreements and other transactions between parents and subsidiaries may be even more misleading in the case of difficult-to-value intangible assets. Yet those assets are increasingly the basis of such transactions.
As a result, some critics go so far as to label the armâs-length principle a tax-avoidance device designed to help companies move income to tax havens, where subsidiaries that do little or nothing can claim income. These critics want to see the OECD move toward what is called âformulary apportionment,â where profits are allocated among jurisdictions based on a formula that takes into account returns on assets or some other measure of profit.
But it falls far short in the eyes of some. âYou canât stop income shifting to tax havens without unitary taxation based on formulary apportionment,â says Michael McIntyre, a law professor at Wayne State University.
Some supporters of the formulary approach nonetheless say unitary taxation is unfeasible. And defenders of the current system warn that the formulary approach, at least without agreement on the formula to be used, would result in taxation of the same income in more than one jurisdiction, an outcome known as double taxation, which is now avoided by tax treaties that embrace the armâs-length principle. Says Patrick Evans, chief tax counsel of the Washington, DCâbased industry group Tax Executives Institute: âOur members are extremely concerned about the double taxation issue, and if thereâs no agreement on the formula, then double taxation is likely.â
Saint-Amans says he doesnât care whether the OECD ultimately keeps the armâs-length principle in place or jettisons it in favor of the formulary approach, as he sees problems with both. âI am agnostic,â he points out. But the OECDâs action plan continues to favor the armâs-length principle. Saint-Amans adds that it would be difficult, if not impossible, to get countries to agree on what formula to use for the formulary approach. Quips Saint-Amans: âI donât have a century to work on that.â
For a microcosmic view of the problem, consider the US. It has such a system in place for state and local taxes, but at last count the 50 states were using some 20 different formulas to apportion profits. And China and India are unlikely to accept any formula that doesnât include a premium for the advantage that their cheap labor provides companies based elsewhere.
Instead, the OECD action plan calls for better enforcement of the arms-length principle, a position that the US supports but that Brazil, China and India, as well as many other countries, do not. They want more stringent rules.
The Treasuryâs Stack told the April tax conference that the US doesnât like the formulary approach, and that its own efforts to improve enforcement of the arms-length principle would be helped immensely if Congress simply repealed what are known as âcheck the boxâ rules for subsidiaries called âcontrolled foreign companies,â under which their parents can simply instruct the IRS to ignore them for tax purposes, so tax on their income is indefinitely deferred. Still, Stack acknowledged that âwe are aloneâ among individual countries supporting the armâs-length principle.
Although the OECD action plan backs the principle, many observers expect mandatory information sharing to strengthen the hand of authorities now in the dark about what companies are doing to shift profits to low-tax jurisdictions and deductions to high-tax ones. Saint-Amans says heâs more concerned with âdouble nontaxation,â where income is taxed nowhere, than with double taxation, though he warns that if countries donât accept the OECDâs new guidelines, companies will doubtless face more double taxation.
CURTAILING TAX AVOIDANCE
The action plan also contains concrete measures aimed at what it calls tax âavoidance.â One of the most significant would curtail deductions on intracompany loans that are more like equity investments than debt, which bank holding companies use widely. Another would close the loopholes concerning tax residency that many technology companies have exploited to great effect. (See sidebar for a look at how Apple has done so.)
Regardless of what exactly the OECD eventually does, many experts contend that companies will find it difficult to continue using their most aggressive tax practices because of the backlash they now produce. Marc Sanders, a partner in the Amsterdam-based consulting firm VMW Taxand, told the April tax conference in New York that more and more companies have concluded that such practices now pose too much tax and reputational risk. As Sanders put it, âMere letterbox or conduit companies donât cut it anymore.â
HOW AN IRISH SUBSIDIARY PRODUCES STATELESS INCOME FOR APPLE
The case study on Apple that the US Senateâs Permanent Subcommittee on Investigations outlined in hearings in May offers a perfect example of what tax experts call âdouble nontaxation.â
Neither the company nor its Irish subsidiary Apple Operations International paid any tax anywhere on $29.9 billion that AOI earned from 2009 to 2012, owing to the difference in the way the US and Ireland define residency for tax purposes.
How so? Although AOI, which has no employees but is the holding company for most of Appleâs foreign entities, is incorporated in Ireland, it is not tax-resident in Ireland. Thatâs because AOI is neither managed nor controlled there, which is how Ireland defines tax residency, but rather in the US. And because AOI was not incorporated in the US, which is how the US defines residency, AOI is not a US tax resident under US tax law. The result of that double nontaxation is almost $30 billion in âstateless income,â to use yet another term of international tax art.
APPROACHES TO INTRACOMPANY INCOME TAXATION
There are two basic approaches to taxing income shifted by multinational corporations to, from and between subsidiaries in different jurisdictions, as follows:
1) The arms-length principle. Under this approach, which is used by most countries in the developed world under guidelines established by the OECD, companies must price these transactions as if they were conducted between independent companies (in effect, using the âmarket priceâ for the transaction).
Supporters say the arms-length principle for âtransfer pricingâ is the fairest means of taxing income generated by multinationals. Critics say companies take advantage of the leeway provided by this approach to shift more income to low-tax jurisdictions and more deductions to high-tax ones than they should so as to minimize or avoid tax.
2) Formulary apportionment. Under this approach, which the OECD is being urged by many emerging countries as well as nongovernmental organizations to adopt, companies would pay tax on such cross-border transactions based on a formula for apportioning profits among the jurisdictions in which they operate.
Critics say such a system would result in income being taxed by more than one jurisdiction unless countries can agree on a formula, and they contend such agreements would be difficult if not impossible to achieve. Supporters say its no more necessary for countries to agree on a formula for apportioning profits according to where they are earned than it is for them to apply the same tax rates, so long as they can resolve their difference through tax treaties, as they do now.
Some supporters say such a system should also require that companies report to each country what they earn elsewhere. When such reporting is combined with formulary apportionment, the resulting approach is known as âunitary taxation.â
Full text in https://www.gfmag.com/magazine/september-2013/cover-story-the-global-war-on-tax-havens
Top 30 listed countries: Andorra, Liechtenstein, Guernsey, Monaco, Mauritius, Liberia, Seychelles, Brunei, Hong Kong, Maldives, Cook Islands, Nauru, Niue, Marshall Islands, Vanuatu, Anguilla, Antigua and Barbuda, Bahamas, Barbados, Belize, Bermuda, British Virgin Islands, Cayman Islands, Grenada, Montserrat, Panama, St Vincent and the Grenadines, St Kitts and Nevis, Turks and Caicos, US Virgin Islands.
Panama is listed by Bulgaria, Croatia, Estonia, Greece, Italy, Latvia, Lithuania, Poland, Portugal, Slovenia, and Spain.
Full text in the European Commission website http://ec.europa.eu/
Attorney Alvaro Aguilar will be moderating a panel on anti-counterfeiting measures at the AmCham Trade & Investment Forum
PRLog - April 5, 2015 - PANAMA CITY, Panama -- On Wednesday, April 8, Lombardi Aguilar Group (www.laglex.com) partner Alvaro Aguilar-Alfu will be moderating a panel at the American Chamber of Commerce & Industry of Panama (AmCham Panama) Trade & Investment Forum on "Challenges and Realities of the Fight Against Illicit Trade". Aguilar will moderate a panel discussing the effects of illicit trade on the pharmaceutical and health industries.
The forum will have panels and exhibits from:
- Representatives Intelectual Property Registry (DIGERPI), Judicial Investigation Directorate (DIJ), Intellectual Property Attorney General and other government agencies engaged in fighting illegal trade,
- Representatives of multinational corporations and local businesses affected by illicit trade,
- Business Alliance for Secure Commerce (BASC) and local Food & Drug Administration (FDA) representatives.
- The Director of the Global Intellectual Property Center (GIPC) of the US Chamber of Commerce.
"The best known forms of illegal trade include manufacturing of counterfeit clothes, shoes, watches, audiovisual media (discs, movies, games)", Aguilar said. "The offering to the public of counterfeit versions of products which failure can cause accidents - such as auto parts, software, and other construction products - should cause concern. In the most dramatic cases, products for human consumption such as food, drugs and cigarettes are regularly altered or forged. The geographical position of Panama and logistical advantages are exploited by the merchants of illicit trade for transferring products to the Americas and other continents."
Mr. Aguilar is a graduate of Universidad Santa Maria la Antigua (LLB) and Washington College of Law at The American University (LLM). He has 20 years of experience in intellectual property protection and litigation on behalf of local, European and U.S. companies doing business in Latin America. Mr. Aguilar also serves as Chairman of the AmCham Panama Trade & Investment Committee, which provides a friendly forum for information exchange and collaboration between the public and private sector, strengthening relationships with key groups of stakeholders in the region, including the National Government, embassies and other private-sector organizations.
About The American Chamber of Commerce & Industry of Panama (AmCham Panama)
Founded in 1979, AMCHAM Panama http://www.panamcham.com is a non-profit, non-political, independent, voluntary association supported primarily by its members. Much of the organization's work is accomplished through the efforts of volunteer member committees which collaborate to help AMCHAM promote free enterprise in Panama. AmCham Panama has over 450 active members, from small local companies to major multinational companies based in the United States.
About Lombardi Aguilar Group (LAG)
Lombardi Aguilar Group is a partnership of consultants created as an alternative for clients worldwide who seek fast, innovative and effective solutions to their legal problems. The firm currently provides services to individual and corporate clients in Panama as well in the Americas, Europe and Asia. Its partners maintain a commitment with professional ethics and social responsibility by participating in the board of directors of groups such as the Panama Bar Association, the Alliance Francaise, the German and the American Chambers of Commerce (AMCHAM) of Panama, and the Association of Chinese-Panamanian Professionals (APROCHIPA).
The firm centers its law practice in private client services and asset protection (Private Interest Foundations, Trusts), business structures (Offshore Corporations), tax planning, real estate and e-commerce. It also advices in areas of Law such as Corporate, Commercial, Intellectual Property, Maritime, Tax, Environmental, Life Sciences and Immigration Law as well as related litigation.
For more information, contact +507 3406444, e-mail info (at) laglex.com, or see: Lombardi Aguilar Group http://www.laglawyers.com
See full text in http://www.prlog.org/12442772-lombardi-aguilar-group-partner-to-moderate-panel-at-amcham-trade-investment-forum.html
The tenders form part of a broader move to diversify the energy mix and boost capacity in one of Latin Americaâs fastest-growing economies with ambitious investment plans â from both public and private sources â being rolled out across the utility spectrum. Panama plans to make available two separate contracts, each for the supply of 350 MW of thermal energy. Contractors will be given 90 days to prepare bids for the first project â a 10-year contract commencing July 2017 â while a deadline of 180 days has been set for a second, 15-year contract, scheduled for launch in January 2019.
ETESAâs general manager, IvÃ¡n BarrÃa, said that with interest among industry players high, he was confident competition around pricing for the projects would be aggressive. BarrÃa also explained Panamaâs shift in focus towards thermal energy, saying: â...we have hard energy needs, having contracted significant renewable energy in the past: now we need to complement that.â
In a separate development, the World Bankâs financing arm, the IFC, announced in January that a $300m financing package for constructing the second and third phases of the Penonome wind farm project had been finalised. Once completed, the project will offer 215 MW of installed capacity, making it the largest grid-connected wind farm in Central America. The wind farm, which will house 86 turbines, is expected to generate around 448 GWh of energy annually, equivalent to about 5% of total electricity demand.
Panama is also looking to boost the role of hydroelectric power in meeting rising demand for electricity. Its $1bn Chan II hydroelectric project, earmarked for the western province of Bocas del Toro, will add around 214 MW of capacity once operational, which is expected to provide up to 9% of total demand.
The country is currently struggling to keep up with soaring demand for power. Electricity consumption is expected to grow at around 8% annually, according to government forecasts, with the cost of putting in place the additional power-generating capacity required to meet demand over the next decade estimated at around $3bn. More than a third of the countryâs electricity comes from burning fossil fuels, which, until the recent slump in oil prices, have been costly, and bring environmental risks.
Harnessing the elements
While Panamaâs hydroelectric plants, which account for around half of total supply, provide cleaner, renewable energy, they remain vulnerable to the effects of the dry season.
The risks of the large share of water in the energy mix were highlighted at the start of 2013 when, due to a prolonged summer, reservoir water had fallen to such low levels that generation capacity was being compromised at the same time that peak demand reached a record 1445 MW. As a result, the government implemented emergency measures to reduce national energy consumption, particularly in the month of May when the water levels reached one of their lowest points in history.
However, the dry season is also traditionally marked by stronger winds, which Panama is keen to harness through its Penonome project, as a means of offsetting the drop in hydro capacity. The Penonome wind farm initiative is operated by a subsidiary of regional player InterEnergy Holdings, while construction of the Chan II dam was awarded to Brazilian civil engineering company Odebrecht. Work is expected to begin in December and Panama hopes to start generating electricity at the site in 2019.
Addressing the challenges
However, there are concerns that the project could run into opposition from local communities. The site lies to the west of lands occupied by the Ngobe Bugle indigenous community, which has protested against mining and hydro projects there. Protests have also been held over the Barro Blanco hydro project to the south in ChiriquÃ province.
Panama additionally faces challenges at the opposite end of the power chain. Distribution companies Ensa and Gas Natural Fenosa have both highlighted the problem of electricity theft, with combined costs to the two players over the past five years estimated at the equivalent of $125m. Ensa put its losses from theft at $80m, while Gas Natural Fenosaâs manager, Vivian Pineda, said the firm believed the number of households in Panama stealing electricity stood at around 40,000, costing the provider some $45m.
Broadening the energy mix will certainly strengthen Panamaâs efforts to keep pace with rising demand for power and support economic growth. However, rumblings of discontent among local communities, alongside concerns about electricity theft, highlight the importance of carefully managing the sectorâs development.
Full text in http://www.oxfordbusinessgroup.com/news/panam%C3%A1-busca-elevar-su-generaci%C3%B3n-de-energ%C3%ADa?utm_source=Oxford+Business+Group&utm_medium=email&utm_campaign=5373099_EU+-+Panama+-+19%2f02%2f2015+-+Panam%c3%a1+busca+elevar+su+generaci%c3%b3n+de+energ%c3%ada&utm_content=Panama-EU-19%2f02%2f15&dm_i=1P7V,375WR,HYTLQE,BGEP9,1#âenglishâ
A geostrategic location and the presence of the Panama Canal make Panama a natural centre for transportation and logistics. In fact, the transportation, logistics and communication sector combined is easily the largest contributor to GDP, a fact recognised by the current administration. In its Strategic Economic Plan 2010-14, the logistics sector, along with finance, agriculture and tourism, was identified as one of the countryâs four pillars of economic growth. To secure the future of the sector the administration is investing $9.6bn, equivalent to 70% of public sector investment, from 2010 to 2014 in infrastructure upgrades alone. Public spending on infrastructure extends well beyond the flagship $5.25bn Panama Canal Expansion and includes the construction of a line on the Panama City Metro, a large overhaul of the national road network and several upgrades to maritime and airport infrastructure. With the canalâs ability to attract global trade, the country has been working for nearly a decade to create a business-friendly regulatory framework â replete with special economic areas and incentives for multinational headquarters â which should serve in attracting further investment as it continues developing the transport and logistics hub. While on the one hand the government is moving quickly to ensure its infrastructure networks are capable of providing a platform for the growing logistics and value-added manufacturing industries, on the other it is aggressively revamping airport infrastructure and further pushing to establish itself as a major aviation centre.
Figures published by the National Statistics Agency (Instituto Nacional De EstadÃ stica y Censo, INEC) aptly portray the sectorâs wider role within the rapidly growing economy. According to the latest available figures from INEC at the time of writing, the transportation and communication sector accounted for 24.1% of the nationâs total GDP (at 1996 prices) in 2012. Moreover, the sector has grown at double-digit rates in each of the past five years apart from 2009 when the global financial crisis slowed progress in the sector to 8.2%. The sectorâs average annual growth rate from 2008 to 2012 was an impressive 12.7%. It has also been a major attractor of foreign direct investment (FDI) as logistics, construction and infrastructure firms look to take advantage of the countryâs expanding role in regional and global transport. FDI stock in the transportation, logistics and communication sector reached $4.52bn in 2011 and represented 19.6% of the national total of $23.1bn, according to data from the National Comptroller.
Heavy spending on infrastructure development has yielded improved scores in the World Economic Forumâs âGlobal Competitiveness Report 2013-14â. Indeed, Panamaâs score in the reportâs metric on overall quality of infrastructure has improved drastically under the current administration from 67th in the 2009-10 iteration of the report to 30th in the 2013-14 edition. Other related categories also paint a similar picture. Panama improved from 54th in the 2009-10 index to 35th in 2013-14 in goods market efficiency, from 18th to sixth in quality of port infrastructure, from 32nd to fifth in air transport infrastructure, from 62nd to 30th in railroad infrastructure, and from 62nd to 48th in road infrastructure.
Despite steadily improving infrastructure across the country, the transportation and logistics sector lacks a titular head in the form of a dedicated Ministry of Transportation and Logistics. In its place is the Ministry of Public Works (Ministerio de Obras PÃºblicas, MOP) which oversees the construction and maintenance of the national public infrastructure network, though in practice the MOP is primarily responsible for the national road network together with the autonomous Terrestrial Transport and Transit Authority. Numerous additional public entities with varying degrees of autonomy oversee the rest of the sector, including the Metro de PanamÃ¡ Secretariat, a special secretariat created in 2009 to monitor the planning, construction and administration of the Panama City Metro. The Panama Canal Authority (Autoridad del Canal de PanamÃ¡, ACP) has been in complete control of the Panama Canal and its finances since the country took over control in 1999. Although it possesses a board consisting of various ministerial heads, another autonomous government agency, the Panama Maritime Authority (Autoridad MarÃtima de PanamÃ¡, AMP) is charged with overseeing all things maritime. Meanwhile, in the aviation sector it is the Civil Aviation Authority (Autoridad AeronÃ¡utica Civil, AAC), which also boasts a diverse board full of governmental leaders, that supervises the countryâs aeronautical activity.
In October 2010 the Ministry of Industry and Commerce (Ministerio de Comercio e Industrias, MICI), together with the Georgia Tech Panama Logistics Innovation and Research Centre, launched the National Logistics Council (Consejo Nacional de LogÃstica, CNL). The CNL was created to establish a platform for collaboration among the government, private sector and academic institutions and eventually facilitate the development of the country into âthe logistics and trade hub of the Americasâ. However, the lack of a governmental ministry or secretariat charged with overseeing the long-term development of all infrastructures and responsible for coordinating inter-agency stratagem and budgets is a common complaint from the private sector given the already large and growing impact of the sector on the wider economy. Indeed, though the creation of the CNL represents a step forward in the logistics segment, it still falls short of the sort of authority granted the Secretary of Science, Technology and Information, for example, in driving the growth of the information and communication sector.
The legislative environment in Panama has for the most part been conducive to business and investment in the country. Legal and tax incentives have been established through several laws for companies basing themselves in one of the countryâs free or special economic and trade zones.
The ColÃ³n Free Zone (CFZ), the second-largest of its kind in the world, is a strong example of the importance of creating such areas, in particular for logistic and reexport companies. New special economic areas including Panama Pacifico and the City of Knowledge have also been created and should lead the way forward in the future (see Economy chapter).
However, in the second quarter of 2012 a new piece of legislation passed through the national legislature and was signed by the president. Known as Act 41, the legislation could cause issues with international investors within the maritime sector. The law stipulates that 75% of shares and personnel within the maritime services and auxiliary fuel distribution sector be sourced domestically. The rule sparked backlash from the EU, which considers it to be in violation of international commitments already made by Panama.
The Hub & Spoke
Panamaâs location bodes well not only for its status as a trading hub, but also for its growing stature as a major regional centre of aviation. Indeed, Panama Cityâs location is within ânarrow-bodyâ range, the typical distance that the single-aisle airplanes which dominate the Latin American market can travel, of nearly all major cities within the Americas. Additionally, its improving airport infrastructure, expanding tourism sector and rapid economic growth are all supporting the countryâs efforts to become the most important transit hub in the region.
The impressive growth of Panamaâs only major airline, Copa Airlines, also points towards a bright future for the sector. Founded in 1947, the CompaÃ±Ãa PanameÃ±a de AviaciÃ³n (Copa) is now the flagship airline of the country and one of the most prominent airlines in the expanding, yet still underserved, Latin America region.
Following the 2005 purchase of AeroRepublica in Colombia and the companyâs initial public offering on the New York Stock Exchange, making Copa the third Latin American airline to list on the exchange, growth has been impressive. According to figures from Copa, from 2005 to 2013 capacity has increased at a compound annual growth rate (CAGR) of 17%, while earnings have experienced a CAGR of 21% during the same timeframe. As a result Copa has become one of the most profitable airlines on the planet, recording an operating profit margin of 17.9% for 2012. According to the latest data from the International Air Transport Associationâs 2010 airline profitability report, the carrier ranked 10th in 2007 and fourth in 2008, with operating profit margins around 18-20%.
Meanwhile, the airlineâs expansion plans include increasing its numbers in terms of fleet, route and frequency over the next five years. Indeed, Copaâs fleet plan includes the addition of 44 (30 firm orders and 14 optional) new aircraft between 2013 and 2018, most of which are single-aisle Boeing 737-800s with a range of 3000 nautical miles.
Although Copa is responsible for more than 80% of daily operations at Tocumen International Airport, several international airlines also operate out of Tocumen including KLM, United Airlines, American Airlines, Iberia and Delta Airlines. In total, commercial airlines flying from Panama City service around 70 destinations â up from 29 in 2004.
The AAC has been working together with the Ministry of Foreign Relations and the executive branch to firm up accords with foreign nations over air traffic rights. According to Ivan Vergara, director of air transport at the AAC, âOver the past several years we have signed agreements with Brazil, Ecuador and Peru and expanded our accord with Mexico. In 2013 we also added or expanded agreements with Costa Rica and France as well.â Indeed, with Air France joining KLM and Iberia in operating transatlantic flights to Europe in November of 2013, Panama City could soon establish itself as a transit hub not only for travellers going from South America to North America, but to Europe as well.
One of the flagship projects of President Ricardo Martinelliâs administration, the construction of the $1.88bn Metro de PanamÃ¡ should help to alleviate traffic congestion within the capital. The first line is expected to be inaugurated on March 5, 2014. The long-term master plan for the systemâs development calls for the construction of four separate lines and one tramway line by 2035, though thus far construction has been started only on the first line (see analysis).
In fact, the metro is just one part of a complete renovation of Panama Cityâs transportation system as the MOP has been in the midst of a major overhaul to the capital cityâs road network since 2011. Meanwhile, structural changes to the existing public transportation system â mainly the replacement of the cityâs diablo rojo (red devil) bus network â should also ease congestion in the medium to long term.
Over the course of the past few years numerous projects to improve road connectivity and traffic flow have seen various parts of Panama City turned into construction zones. In total the MOP reported in June 2013 that a combined eight road projects totalling $1.7bn were under way in the capital city. The largest project is the $782m construction of an underground connection between Avenida Balboa and Avenida Los Poetas, which was awarded to Brazilâs Odebrecht. It not only involves the construction of a new tunnel, but also renovations to Los Poetas, the construction of new sports facilities, bike lanes, gardens and even a sporting arena, the MaracanÃ£ Stadium. However, the project has become a source of controversy as it will also include the extension of the Cinta Costera (Coastal Beltway), a highway constructed a few years ago to relieve congestion inside the city and whose extension will wrap around the cityâs Casco Viejo (Historic District).
While the project includes green areas and pedestrian walks it has drawn criticism as the beltway is seen as an eye sore and counterproductive to ongoing efforts to renovate the historic district. Fears that it would lead to the removal of Casco Viejo from UNESCOâs list of World Heritage Sites â due to the destruction of the centuries-old sea wall to make way for the highway â have been allayed as UNESCO announced in June 2013 the project would not impact Casco Viejoâs status.
The preservation of the historic district itself is a $175m project also being completed by Odebrecht and is seen as a key part of the countryâs tourism development plan. Apart from renovating the areaâs small streets and alleyways, the project also includes the construction of a new road dubbed VÃa Cincuentenario. Both projects are expected to be completed in 2014.
Other projects include the $237m improvement and expansion of Avenida Domingo DÃaz, which consists of the construction of three vehicular and three pedestrian bridges and the expansion of the road to six lanes.
Via Brasil, another major artery, is also being renovated in a two-phase project to the tune of $217m and $181m for each respective phase. The remainder of the investment, $76.5m, was poured into the construction of three underpasses, which are now fully operational.
In 2012 the introduction of a new stretch of highway from Panama City to ColÃ³n â easily the most important intra-city highway in Panama â reduced travel time from the capital to the ColÃ³n Free Zone to just 45 minutes. The project began in 2010, and when construction was completed in 2012, investment in the project reached $186m, MOP figures show. The $80.7m renovation of the Bridge of the Americas â which spans the Pacific entrance to the Panama Canal â is another major project which was started in 2010, though it will not be completed until the end of 2014.
Obviously many of the maritime transport activities revolve around the Panama Canal, which has extensive port facilities at both entrances in the Port of CristÃ³bal (Atlantic), the Manzanillo International Container Terminal (MIT, Atlantic), the ColÃ³n Container Terminal (Atlantic) and the Port of Balboa (Pacific). In total Panama boasts 14 private and 14 state-owned and operated ports. Ensuring the country is able to meet demand increases following the arrival of post-Panamax ships after the completion of the Panama Canal expansion project is crucial to sustaining the long-term growth of the sector.
âPanama needs to have more terminals built in order to continue growing, especially a new post-Panamax port inside the canal,â Ricardo Lince Boyd, the executive president of Agencias Continental, a local ports and shipping logistics firm, told OBG.
Both the Port of Cristobal and the Port of Balboa are receiving an upgrade by the Panama Ports Company, operator of both ports, at a cost of $1bn. All expansion projects at both ports are expected to be completed by 2015 and will improve their combined capacity to 6.5m twenty-foot equivalent units (TEUs).
Meanwhile, the MIT and the ColÃ³n Container Terminal (CCT) serve the CFZ and have also received sizeable investments in recent years. According to information published by Georgia Tech, the CCT recently spent $100m upgrading its terminal to its current capacity of 1.3m TEUs. The MIT is currently investing $270m to upgrade capacity to a total of 4m TEUs per year.
Identified as one of the four pillars of future economic growth, the logistics sector is arguably the most integral piece in further developing the Panamanian economy. According to Proinvex, the investment promotion agency, roughly 3% of global maritime trade, including 10% of US international seaborne trade, passed through the canal in 2013. These figures are likely to swell upon the doubling of the canalâs cargo capacity once the expansion project is complete. This fact alone gives the country an edge over competing logistics centres in the Caribbean and along the Atlantic coasts of the US and South America. Still, obstacles do stand in the way, mainly a lack of qualified personnel.
All of the ingredients for Panama to become a centre for transportation and logistics are beginning to coalesce. Domestic connectivity is being upgraded via major infrastructure projects such as the Metro de PanamÃ¡, the Panama-ColÃ³n Highway and an overhaul of the national road system. Meanwhile, international connectivity is also being improved thanks to continued investment in airports and seaports. Nevertheless, if the goal of improving national transportation infrastructure is to capitalise on goods moving through the canal by expanding the logistics and transport sectors, there are still obstacles to overcome such as the short supply of labour and strong regional competition.
Full text in http://www.oxfordbusinessgroup.com/overview/moving-along-continuing-expand-transport-and-logistics-network
The investigation on alleged corruption by former officials of the previous administration has resulted in doubts about the enforcement of Politically-Exposed Persons (PEP) KYC rules by local banks, since several of those officials were signatories of companies receiving funds from possible kickbacks. The KYC procedures of 15 banks are subject to inspection.
Date: January 29, 2015
SUPERINTENDENCY OF BANKS OF PANAMA
Following up on the information in Circular SBP-DR-0152-2014, released on November 26, 2014 and sent to all regulators, the Superintendency started a special examinations program on all banks in the market, aimed at verifying compliance with the regime established to prevent their services from being misused for money laundering, the financing of terrorism and related crimes, or crimes of a similar nature or origin. This program is in addition to the examinations conducted by the Superintendency.
The special examinations program is currently being exercised in fifteen (15) banks of the System. To date, five (5) of these inspections have been concluded, five (5) are being finalized and five (5) will be started shortly.
The Superintendency has pressed charges for allegedly failing to comply with the provisions of the Banking Law, Law 42 of 2000 and Rule 12-2005 on two (2) of the five (5) banks whose inspections have been completed. The files on the other three (3) are under assessment to determine charges. At the same time, the rest of the examinations being conducted could also end in administrative processes against these banks.
It is worth emphasizing that the concluded and ongoing administrative processes, as well as those that will be conducted later on must comply with the due process and secrecy required by our countryâs laws.
We reiterate that the Superintendency of Banks will apply the sanctions provided for in the Banking Law and Law 42 of 2000 in those cases where noncompliance with the legal and regulatory frameworks for the prevention of money laundering and the financing of terrorism and of the banking regime is proven. To illustrate, failure to comply with the provisions on the prevention of money laundering and the financing of terrorism can incur fines of up to B/.1 million and breaches of other Banking Law provisions can incur fines of up to B/.500,000, depending on the seriousness of the breach, recidivism, the extent of the damage and the harm caused.
These penalties will be applied without prejudice to those established by other competent authorities.
It is also important to clarify that according to the provisions in the Banking Law, any information on individual clients of banks obtained by the Superintendency while discharging its duties must be maintained under strict confidentiality and would only be disclosed when required by competent authority in accordance with legal provisions during a criminal proceeding.
Located in the Baru district, on the Pacific side of Chiriqui province, Baru Free Trade Zone was created by Law No. 19 of 2001 with the purpose of establishing a special tax and customs regime to promote tourism, a logistic multimodal system, export processing zones and petroleum development area. Baru has an area of 588.7 sq. km. and population of 60,551 inhabitants. The zone is divided in 5 small villages, which are eager to develop the economic potential of the area. Baru FTZ meets the requirements to be a dynamic place for business, based on the following features:
Commercial Zone: It is expected to become an important platform for agricultural exports since Chiriqui Province is rich in agricultural production. It enjoys an easy access to ports on the Pacific side, and therefore, enables it to export goods to the whole continent, Europe and Asia, as well as to new markets. It is seen in the future as a regional warehouse and distribution center for all sorts of merchandise. There are duty free shops in the border area of Paso Canoas and Puerto Armuelles, where you can find commodities such as liquors, perfumes, electric appliances, car devices, and so forth.
Tourism Development Zone: Plenty of virgin natural resources and convenient access ways, Baru provides the opportunity to launch any kind of ecological adventure, while offering interesting and picturesque sightseeing such as Paso Canoas International village, near the border with Costa Rica, in which you can find a multiple variety of shops and commercial establishments. The multicultural nature of Baru adds special charm for visitors. The company Fish on Panama, Inc. has already invested more than US$ 500,000 in developing sports fishing activities. There are incentives to promote tourism development which allow to import free of tax ships, yachts, airplanes and any other vehicle that will be required to develop such activities. Furthermore, companies that invest in the tourism zone will be exempted from the income tax and can receive other fiscal benefits.
Manufacturing Zone: Baru aims at transforming itself into a manufacture and re-exports zone of agricultural products. Its main objective is to guarantee regular supply of perishable agricultural products to markets in Europe, US, Canada and Asia. It also seeks to boost a regional economic cooperation framework in areas such as transport, classification, management, packaging design, freight handling and warehousing techniques and so forth. For instance, wood manufacturing and exporting firm Tecno Empresarial, S.A. has made an important impact to the region, where it has invested above US$ 1.5 millions. Based on the zone regulations, companies could be exempted from income tax, import tax on equipment and machinery, and be subject to any other benefits for being involved in activities related to manufacture.
Petroleum Zone: Baru Free Trade Zone is able to store, manufacture, refine, purify, blend, market, transship, transport, pump, process, transform, sell, export, re-export, provide and in general sense, operate and handle crude, semi-crude and any other oil related products. A 204 km-long roadways in the region, and a 131 km-long oil pipeline crosses the Isthmus from the Pacific to the Caribbean Ocean, by which oil from Ecuador is transported to the terminals located in Panama, such as Charco Azul, which allows oil tankers of 300,000 dwt to dock.
INCENTIVES AT BFZ
A special and simplified procedure for the establishment and operation of a manufacture zone to export, which enables the creation of large factories to export a huge variety of goods.
Exemption of payment of the Panama income tax, patents, licenses and tax on other goods or capital.
Exemption of the import tax of raw or semi-elaborated materials, construction materials, equipment, furniture, accessories, appliance, or services that will be used in the operation of the company.
Exemption of the consumption or sales tax (ITBM)
Exemption of tax on interests, bonds and stocks.
Exemption of exports tax.
Issuance of one-year-valid resident business visa to perform transactions or business, which is also applicable on equal terms to spouse and children of the applicant.
Use of multiple reentry permit until visa expiration date.
Facilities & Advantages
Baru Free Trade Zone has the following facilities to offer:
Infrastructure: Airport, docks, paved highways, the second transcontinental oil pipeline built in the Americas.
Public utilities such as electricity, telephone lines and drinking water.
Adequate land features for the construction of deep ports.
Flat and fertile lands.
Extended beaches for tourism development.
Abundant fauna and flora.
HOW TO ESTABLISH BUSINESS AT BFZ?
Power of Attorney addressed to the General Manager of the Baru Free Zone, requesting company registration.
Notarized copy of the companyâs Article of Incorporation.
Four-month valid Certificate of Public Register of the company.
Copy of the petitionerâs Lease Agreement requesting the Permit for Operation.
Valid Certificate of Tax Payment.
Completely fill out the form ZFB-05 on Permit for Operation Application.
Copy of personal ID or passport of the Legal representative as well as the Manager of the company.
Letter of Commercial References.
Letter of Banking References
Form ZFB-09 related to the Income Statement of the companyâs legal representative.
Form ZFB-10 related to the Income Statement of the companyâs manager.
Certificate of Tax Payments of Baru Free Zone. Fees for Operation Permits (US$ 1,200, annually) and Operation Code Fee (US$ 200, annually).
Will Germany, UK and Netherlands end up in the OECD "black list" of terrible "tax havens"?
Forget about the Bahamas, Panama, Cayman Islands, or Fiji. If you want to avoid paying taxes and have no problem with dicey business practices, Europe has a lot to offer.
Europe is far from innocent in the international offshore tax evasion industry, as the Tax Justice Network (TJN) recently demonstrated. Many European countries, with their stable infrastructure and professional personnel, provide fertile ground for businesses or individuals to evade taxes.
There are more than a few gaps that need to be filled in Europe, according to Markus Meinzer of the TJN. He helped paint a picture of who's who among European tax havens.
The independent mini-state of Andorra in the Pyrenees, which is not a part of the European Union, offers a secretive place for those in neighboring countries to stash their money. Particularly attractive is the personal service offered by banking advisers there. It's also easy for Spaniards and French to simply drive there to deposit cash. Afterwards, one can always tank up and buy cigarettes there - tax-free, of course.
As a country sharing borders with Germany, Hungary, Slovakia, Slovenia, Italy, the Czech Republic and Switzerland, Austria draws foreign capital by promising secrecy to account holders. It caters especially to Europe's German-speaking population, Meinzer said. But he also said that he knows of Argentines who, for example, combine investing in Austrian bonds with the advantages of bank secrecy. Due precisely to the lack of financial transparency and its geographic location, Austria has also attracted wealth from Arab world dictators for decades.
The British Channel Islands Jersey, Guernsey and Sark are home to hundreds of financial institutions and insurance companies drawn to their simple and low taxes. While Jersey probably "hides the most dirty business," according to Meinzer, Guernsey is the most innovative.
With its so-called self-protected companies, an apparent single company is organized into cells with protective legal walls between them. And on Sark, according to British newspaper The Guardian, there are 24 companies registered for each of the approximately 600 inhabitants.
Cyprus is the perfect example of what can go wrong with depending on such dubious business models. It was particularly oriented toward former Soviet countries, and acted as a hub for them. Transactions over letterbox companies brought money into Cyprus, then back to countries like Russia - thus avoiding Russian tax authorities. But since the Cyprus bailout , in part by the EU, the Mediterranean island will have to come up with a new business model.
England, with London, represents one of the largest hubs for tax evasion and capital flight. Meinzer described London as "the mother of all tax havens" since the zone, which does not answer to the crown, has developed a network that continues to bring money back to the capital of the former empire. Money flows from there to British Channel Islands, such as Guernsey, Jersey or to the Isle of Man, then overseas to British territories in the Caribbean, such as the Cayman or Virgin Islands - or in Europe, to Gibraltar. London, is the seat of many dubious "letterbox companies," which only exist on the Internet.
Frankfurt is a great place for foreign investors to earn tax-free interest
Germany protects the data of foreign investors, who also don't have to pay taxes on interest.
Only Germans, or foreigners resident in Germany, have to actually shell out a flat rate withholding tax on interest income, Meinzer said.
Information on such yields also rarely flows out of Germany, he added: "Foreign investors with German accounts are protected with a certain degree of anonymity."
That's why Germany ranks ninth in the world for financial secrecy, according to TJN.
At the southern tip of the Iberian Peninsula, Gibraltar has specialized in allowing such letterbox companies, called "trusts." The structure of such trusts means there is no real owner of the company. They are often used to add a layer of secrecy to letterbox companies, Meinzer said, which is particularly good for money laundering.
Meinzer cited insider information in calling it "the dirty end of the spectrum" for bringing money back into financial markets. The presence of many gambling casinos there also comes into play.
It's called the "double Irish" in the financial world: A company founds two subsidiaries in Ireland with its business tax rate of 12.5 percent. Then, one claims to be based in a different tax haven. (Comparable taxes in the United States, for example, are around 35 percent.)
This is completely legal in Ireland, and therefore an optimal location for companies such as Google, Apple or Amazon.While the one company does business in Europe, it pays the other patent fees. Profits vanish, as costs and income equal out on the balance sheet.
Although other countries like the Netherlands offer similar models, Meinzer said the difference is that people do actually work in Ireland, which at least creates some jobs and a bit of growth in the country.
Isle of Man
Taxes are kind of an afterthought on this island between England, Scotland and Ireland. Inheritances and capital gains aren't taxed at all, while the highest level of taxation lies at 20 percent. Corporate tax is nonexistent. It's especially loved as a hidey-hole for British millionaires.
Luxembourg is the second-largest financial hub in Europe, after London. Innumerable investors and around 150 different banks enjoy a lenient tax framework in Europe's stocks and bonds center. Luxembourg's status as an EU member makes it particularly attractive for European companies and the international market, Meinzer explained. "If I want to get around German laws, for example, I could go through Luxembourg," Meinzer said, adding that 40 German banks do business there.
With its low tax rates, Malta, like Cyprus, has long drawn foreign capital. Although corporate taxes are around 35 percent, companies can get most of that refunded.
It's a favorite among German companies, which earn a higher profit if based on Malta. Meinzer said that while it's clearly a tax paradise for companies, it's not clear if that's also the case for individuals.
The Principality of Monaco continues to be home to the rich and famous, being surrounded by France. Millionaires happily set themselves up there due to the fact that they pay no income or inheritance taxes. The city-state also does not prosecute financial crimes committed abroad. Businesses, however, must pay taxes there - at rates of around 33 percent. France, though it doesn't play an active role, lends a protective hand, Meinzer said.
What Luxembourg is for private investors, the Netherlands is for large corporations. Business taxes are incredibly low, with many tax advantages for interest and licensing income.
With the "Dutch sandwich," a parent company has a subsidiary in the Netherlands, which it uses as a cheap tax base to develop its European business.
Although there are supposedly no more completely anonymous bank accounts in Switzerland (and neighboring Liechtenstein), it continues to draw large sums of money due to its strict banking secrecy. Considering the volume of money in Switzerland, it made first place on the TJN's Financial Secrecy Index.
Tomado de: http://www.senadoragloriainesramirez.org/index.php/2010/01/en-sucre-asesinan-lider-indigena-de-los-zenues/
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Tomado de: http://www.todacolombia.com/conquista.html
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