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Sam Taliaferro
Jan 25, 2009, 1:40:47 PM1/25/09
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Panama Condo fire sales coming soon
“I don’t think that the traditional method of selling properties will be successful in the future. Foreign buyers have been affected by the global economic crisis and are reluctant to pay the full asking price for a particular condominium. However in an auction they will have the opportunity to bid for a home at a reasonable price,” said Gilbert.
Bank confidence slipping?
The $1.11 billion for what Torrijos called the first phase of the program is to come from state-owned Banco Nacional de Panama, the Andean Development Corporation and the Inter-American Development Bank.
Consumer confidence high in Panama
Although the rest of the worlds consumer confidence may be in the toilet, Panama's is still riding high. As this particle points out, it is due partially to a 13th month year end mandatory bonus and Panamanian's belief in a brighter future.
Ship builders see cancellations of post Panamax vessels.
DryShips also nixed its planned $1.17 billion purchase of nine new Capesize vessels, pointing to the steep drop in charter rates and ship values in recent months. The global credit crisis pushed down values of ships dramatically, because letters of credit - which are required in a majority of shipping deals - were increasingly hard to secure.
An outsiders critique of Boquete
I arrived in Boquete blindly to write a freelance article for a major US news publication and hoped to gather enough information in three days to put together a cohesive and accurate piece. This objective, I soon realized, was paramount to ignoring new neighbors for several years, then showing up unannounced and asking if they have happen to have all the ingredients for a traditional Valencia paella.
Galt's Gulch: Where is the Ultimate Safe Haven?
"Those of you who read Atlas Shrugged by Ayn Rand probably recall that John Galt (the central character) persuaded the leading industrialists and other productive capitalists in the U.S. to go on strike and move to a hidden valley called Galt's Gulch where they would be free of a socialist government.
What would Thomas Jefferson say?
Once in a great while I find something that changes my life in a very positive way that I want to share with the world. About 6 months ago I stumbled on a podcast called the Thomas Jefferson hour
Los Faros on shakey ground
As bank financing dries up due to a lack of confidence in the wake of the economic crisis, the Spanish developer Grupo Mall hopes to find “creative solutions” to keep the ball rolling on its Los Faros complex of three luxury apartment towers in Punta Pacifica.
--
Did you know there is a new country in Central America and it has
quickly become the top retirement destination in the western
hemisphere? Be sure to visit the Republic of Chiriqui and find
out why. http://m1e.net/c?88452906-iQcix6Ng4m1Gw%403925431-3xUVzgMA1q396
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Prima Panama
PO box 87-2100
Plaza Concordia Zona 7
Panama City, Other 0000000
Panama
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link below or copy and paste it into your web browser:
http://www.listcast.com/x?function=view&c=88452906r-59ac083a*587555d-062fa802
http://m1e.net/c?88452906-xO4b.CLRqLjMQ%403925430-xDAx0Wwub5kVc
Panama Condo fire sales coming soon
“I don’t think that the traditional method of selling properties will be successful in the future. Foreign buyers have been affected by the global economic crisis and are reluctant to pay the full asking price for a particular condominium. However in an auction they will have the opportunity to bid for a home at a reasonable price,” said Gilbert.
Bank confidence slipping?
The $1.11 billion for what Torrijos called the first phase of the program is to come from state-owned Banco Nacional de Panama, the Andean Development Corporation and the Inter-American Development Bank.
Consumer confidence high in Panama
Although the rest of the worlds consumer confidence may be in the toilet, Panama's is still riding high. As this particle points out, it is due partially to a 13th month year end mandatory bonus and Panamanian's belief in a brighter future.
Ship builders see cancellations of post Panamax vessels.
DryShips also nixed its planned $1.17 billion purchase of nine new Capesize vessels, pointing to the steep drop in charter rates and ship values in recent months. The global credit crisis pushed down values of ships dramatically, because letters of credit - which are required in a majority of shipping deals - were increasingly hard to secure.
An outsiders critique of Boquete
I arrived in Boquete blindly to write a freelance article for a major US news publication and hoped to gather enough information in three days to put together a cohesive and accurate piece. This objective, I soon realized, was paramount to ignoring new neighbors for several years, then showing up unannounced and asking if they have happen to have all the ingredients for a traditional Valencia paella.
Galt's Gulch: Where is the Ultimate Safe Haven?
"Those of you who read Atlas Shrugged by Ayn Rand probably recall that John Galt (the central character) persuaded the leading industrialists and other productive capitalists in the U.S. to go on strike and move to a hidden valley called Galt's Gulch where they would be free of a socialist government.
What would Thomas Jefferson say?
Once in a great while I find something that changes my life in a very positive way that I want to share with the world. About 6 months ago I stumbled on a podcast called the Thomas Jefferson hour
Los Faros on shakey ground
As bank financing dries up due to a lack of confidence in the wake of the economic crisis, the Spanish developer Grupo Mall hopes to find “creative solutions” to keep the ball rolling on its Los Faros complex of three luxury apartment towers in Punta Pacifica.
--
Did you know there is a new country in Central America and it has
quickly become the top retirement destination in the western
hemisphere? Be sure to visit the Republic of Chiriqui and find
out why. http://m1e.net/c?88452906-iQcix6Ng4m1Gw%403925431-3xUVzgMA1q396
To unsubscribe/change profile: http://www.listcast.com/x?u=88452906r-59ac083a
To subscribe: http://www.listcast.com/x?oid=26634a
Prima Panama
PO box 87-2100
Plaza Concordia Zona 7
Panama City, Other 0000000
Panama
Email list management powered by Listcast
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