This article is adapted from AQ’s special report on trends to watch in Latin America in 2025.
Panama
To hold its status in global trade, the canal expanded. Now it faces water level challenges, as well as pressure from U.S. President-elect Donald Trump.
The president is facing a fiscal crunch, a migration crisis and problems with the Panama Canal. There’s also his powerful political sponsor.
What steps has the president taken thus far to address issues of migration, social security, and the economy?
José Raúl Mulino promises to close the Darién Gap to migration while pushing a major dam to shore up the Panama Canal.
“Mulino voters are hoping to go back to the time of Martinelli when there was a lot of economic growth and prosperity,” said the AS/COA vice president.
The former security minister and running mate of Ricardo Martinelli won with more than 34% of the vote. Analysts share what this means for Panama’s politics and economy.