Time running out for Panama dailies

With the potential closing of La Estrella, Panama’s oldest newspaper and El Siglo its tabloid stablemate, only three days away, the United States Ambassador to Panama held out little hope for their survival on Monday.

“If the captain does not give way, I have nothing more to say. ” said Ambassador John Feeley referring to Abdul Waked the owner of  the newspapers, whose operations have been affected since May 5, when The US  Treasury Department included Waked in the Clinton List for activities linked to money laundering and drug trafficking.

Source: Newsroom Panama