Central America
Panama posts higher economic growth amid strength in canal and banking sectors
Panama’s Monthly Index of Economic Activity (IMAE) recorded a 2.95% year-on-year increase as of May, driven by growth in the transportation, storage, communications, and financial intermediation sectors, among others, according to data released Tuesday by the National Institute of Statistics and Census (INEC).
The INEC noted that this increase was higher than the 1.53% reported during the same period last year, underlining a stronger trajectory in economic growth.
From January to May 2025, the IMAE accumulated a 5.48% increase compared to the same period in 2024, the INEC added.
Explaining the year-on-year performance, the agency highlighted that the transportation, storage, and communications sector showed favorable behavior — especially in revenue from Panama Canal tolls, net tonnage, and air transport.
Financial intermediation also reported positive results, supported by growth in local deposits and loans. Additionally, the electricity and water sector showed strong performance, particularly in the generation of hydroelectric, wind, and solar energy.
However, several economic activities showed negative trends, including the value of re-exports from the Colón Free Zone, domestic fuel sales, registrations of new vehicles, container traffic, production of grey cement and ready-mix concrete, and thermal energy generation.
The agricultural sector also declined, with drops reported in the cultivation of bananas, watermelon, tomatoes, cattle farming, and the purchase of raw milk, according to INEC.
Central America
Arévalo accuses Porras and judge of undermining democracy in Guatemala
Guatemalan President Bernardo Arévalo denounced a new attempt at a “coup” orchestrated by the Attorney General’s Office. He also requested an extraordinary session at the Organization of American States (OAS) to address the country’s ongoing political crisis.
The president has been at odds with Attorney General Consuelo Porras, who has been sanctioned by the United States and the European Union for being “corrupt” and “anti-democratic.” Since 2023, Arévalo has accused Porras of launching investigations against his party, Semilla, and the 2023 elections as part of a scheme to prevent his inauguration in January 2024.
From the presidential office, Arévalo has said he continues to “resist” the “coup plotters,” but tensions escalated last Friday when Judge Fredy Orellana, at the request of the Attorney General’s Office, ordered the electoral court to annul the Semilla party’s promoter group. Arévalo interpreted this as an attempt to revoke the positions won by the party.
“Orellana, a hitman who distorts the law in service of Consuelo Porras, is attempting to force […] the unconstitutional removal of a mayor, 23 elected deputies […], the vice president, and the president of the country,” Arévalo said in a televised address on Sunday.
“We call on the international community not to turn a blind eye to the coup being attempted in Guatemala,” he added, speaking alongside his cabinet and congressional members at the National Palace in Guatemala City.
Arévalo requested that the Organization of American States hold an extraordinary session to present “the serious threats” to the Guatemalan Constitution and democracy perpetrated by Porras and Orellana.
Yesterday, Guatemalan Foreign Minister Carlos Ramiro Martínez reaffirmed the president’s statements, emphasizing the need “to go and expose the situation” Guatemala has been facing since last week due to the actions of the Attorney General’s Office.
Central America
New dismembered bodies found in San Juan river days after mass killing in Palencia
On the morning of Monday, October 27, Guatemala’s Volunteer Firefighters confirmed the discovery of two bodies and two human heads inside plastic bags in the San Juan River, located in the Zacualpía village at kilometer 21 of the Atlantic Highway, in the jurisdiction of Palencia.
The remains were found by personnel from Companies 85, 50, and Central, who responded after receiving a report about suspicious bags floating in the water. The gruesome discovery was made just a few meters from the site where eight tortured bodies were found under the San Juan Bridge on Friday, October 24.
Local authorities do not rule out a connection between both incidents and suspect they may be tied to the same criminal organization. Investigators from the Public Ministry and the National Civil Police arrived at the scene to gather evidence and transfer the remains to the National Institute of Forensic Sciences (Inacif).
According to data from the National Economic Research Center (CIEN), Guatemala recorded 2,154 homicides between January and August 2025, an increase compared to the 1,816 reported during the same period in 2024.
Central America
Four guatemalan soldiers arrested for stealing weapons from Northern Air Command
Four soldiers were arrested in connection with the theft of weapons from the Northern Air Command of the Ministry of Defense in Petén, Guatemala, following operations conducted by the Public Ministry (Prosecutor’s Office).
“During the operations, criminal scenes were processed, analyzed, and documented photographically, possible escape routes were identified, surveillance cameras were located, and potential witnesses were interviewed,” the Prosecutor’s Office explained in a social media post.
The detained soldiers were identified as Ludwin Jónathan Cardona Baltazar, charged with illicit association, dereliction of duty, and aggravated theft; and Josué Israel Pérez Jerónimo, Alain Omar Marroquín Soch, and Carlos Ernesto Ibarra Corrales, charged with dereliction of duty, according to Guatemala’s Prensa Libre.
The military personnel reportedly stole 55 rifles, 14,420 rounds of 5.56 mm ammunition, 92 magazines of 35 rounds each, 19 magazines of 20 rounds each, and three grenade launchers, “which were allegedly moved from the arms warehouse to the outside for illicit sale.”
The Ministry of Defense stated that it will keep its internal control mechanisms active to prevent similar incidents.
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