Central America
Panama’s President Mulino: “We are regaining international trust” to exit tax haven lists
Panama’s President José Raúl Mulino stated on Tuesday that the Central American country is “regaining international trust” regarding lists that label it as a tax haven, and that it hopes to be removed from these lists in the near future.
“At the international level, we are regaining confidence. Panama is taking firm steps to get off the European Union’s list, thanks to the coordinated work of various institutions,” Mulino said during his first-year report speech before the deputies.
The Panamanian president emphasized that he has “increased” his “engagement” with the Organisation for Economic Co-operation and Development (OECD) “not only with the aim of leaving these lists but also to begin our path toward joining that important group of democratic states and prosperous economies.”
Since taking office on July 1, 2024, Mulino has stressed that he will work to have Panama removed from what he calls “discriminatory” lists that consider it a tax haven. He has even focused part of his official conversations during trips to Europe on this issue.
Currently, Panama has strengthened banking regulations following the 2016 Panama Papers scandal. However, it remains on some lists, such as that of the Netherlands, while it has been removed from others, including the Financial Action Task Force’s (FATF) grey list in 2023.
Additionally, the European Commission recommended in June that Panama be removed from its list of jurisdictions with a high risk of money laundering and terrorist financing. The European Parliament and member states still have a month (extendable to two) to review the proposal, and unless opposed, it will take effect after that period.
Central America
Guatemala Declares Highest Alert in Areas Affected by Fuego Volcano Eruption
Guatemalan authorities declared a red alert, the highest level of danger, on Tuesday in areas affected by the eruption of the Fuego Volcano, located about 35 kilometers from the country’s capital.
The most active volcano in Central America entered an eruptive phase on Monday morning, and its activity intensified overnight with lava emissions and large columns of gas and ash.
No fatalities have been reported, but the volcanic activity forced the evacuation of around 500 people as a precautionary measure.
The National Coordination for Disaster Reduction (Conred) declared a state of emergency in the departments of Sacatepéquez, Chimaltenango and Escuintla, the agency announced through its official X account.
The affected regions are home to approximately 1.6 million people. However, ashfall has so far impacted only about five municipalities.
Despite the increase in the alert level, authorities reopened a road leading to the city of Antigua, the country’s main tourist destination, after evaluating safety conditions in the area.
The Fuego Volcano is one of Guatemala’s most active geological formations and has a history of frequent eruptions, requiring continuous monitoring by national emergency agencies.
Central America
U.S. Defense Secretary to Close Multinational Military Exercises in Panama to Protect Canal
U.S. Secretary of Defense Pete Hegseth will travel to Panama next week to close multinational military exercises involving more than 20 countries aimed at strengthening security measures for the Panama Canal against potential threats, a Panamanian government official announced Monday.
This will mark Hegseth’s second visit to Panama. The U.S. defense chief is expected to arrive on August 13 for the closing ceremony of the military drills, which began this week and have been conducted in the Central American country for more than two decades to support the protection of the interoceanic waterway, according to Panama’s Security Minister Frank Ábrego.
The exercises include participation from the United States, Argentina, Brazil, Chile, Colombia, Mexico, the Netherlands, Peru and the United Kingdom, among other nations.
“The canal is a strategic infrastructure that connects markets and supports global supply chains. Its security and uninterrupted operation are of fundamental importance for Panama, the United States and the international community,” said U.S. Ambassador to Panama Kevin Marino Cabrera.
The drills include maritime training operations, exercises in jungle areas surrounding the canal, as well as virtual simulations focused on cybersecurity and strategic planning.
The Panama Canal, one of the world’s most important trade routes, handles approximately 5% of global maritime commerce, making its security a priority for international trade and logistics networks.
Ábrego emphasized that preparedness and international coordination are essential to maintaining stability.
“The best way to preserve peace and guarantee the continuity of global trade is to be prepared to respond in a coordinated and effective manner to any threat,” the Panamanian official said.
Central America
Prosecutors Accuse Ex-Defense Minister of Undermining Press Freedom in Honduras
Honduras’ Public Prosecutor’s Office on Wednesday filed criminal charges against retired General Roosevelt Hernández, the country’s former defense minister and former chief of the Joint Chiefs of Staff, over his alleged role in actions that prosecutors say undermined press freedom and freedom of expression.
Prosecutors said the case was brought by the Special Prosecutor’s Office for the Protection of Journalists, Social Communicators, Human Rights Defenders and Justice Officials following an investigation into content published between 2025 and 2026 on a digital media platform operated by the Honduran Armed Forces.
According to the investigation, the publications were reported by journalists and the Honduran Journalists Association (CPH), which described them as part of an alleged campaign to discredit members of the press and media organizations.
The case dates back to May 2025, when the CPH filed complaints with national and international organizations after the Armed Forces referred to three journalists as “hitmen” in an article published by FF.AA. Digital. The association argued that the publication endangered the journalists’ safety and constituted an attack on press freedom.
The journalists identified in the publication as “hitmen of the truth” were Rodrigo Wong Arévalo, director of the television news program Abriendo Brecha; Dagoberto Rodríguez, director of Radio Cadena Voces; and Juan Carlos Sierra, president of the Honduran Journalists Association. The article also included photographs of the three journalists and the CPH’s logo.
The Public Prosecutor’s Office said the case file includes formal complaints, pretrial investigative proceedings, a specialized forensic analysis of audiovisual and digital material, and witness testimony gathered during the investigation to determine whether the publications violated freedom of expression and the exercise of journalism.
Authorities emphasized that freedom of the press and freedom of expression are protected under the Honduran Constitution as well as international treaties ratified by the country.
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