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Panama’s paradox is a boom with gloom over Martinelli's strong-arm ruling style

Thursday, January 19, 2012

Panama is expected to be Latin America’s economic star in 2012, with a 6.8 percent economic growth rate and no money woes in the foreseeable future. Yet, many Panamanians are sounding surprisingly gloomy about their future.

According to the World Bank’s Global Economic Prospects 2012 released earlier this week, Panama’s growth rate will be the highest in Latin America this year.

But the latest headlines from Panama confirm a growing political turmoil over Martinelli’s strong-armed ruling style.

Original source: Miami Herald