Panama
Panama: Free-Trade Tax Haven

Panama: Free-Trade Tax Haven

Negotiated by President Bush in 2004-2006, the U.S.-Panama free-trade agreement has since stalled in the face of congressional opposition. However, recent House votes have suggested a renewed interest in ratifying the agreement, which would normalize Panama’s status as a notorious tax haven for U.S.-based corporations, along with other, seedier entities.

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The Audacity of Free Trade Agreements

The Audacity of Free Trade Agreements

Congress could vote any day now to strike a new blow against already-battered U.S. workers and the unemployed. Committees in the House and Senate recently marked up the Colombia, Panama, and South Korea Free Trade Agreements (FTAs). The Obama administration is urging passage of all three relics of the Bush administration before the summer recess. The full-court press on the FTAs represents a reversal for a president elected on a trade reform platform.

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Yankees Head Home

Absent in the discussion of the conflict brewing in the Andes over a Colombian military incursion into Ecuador to kill a guerrilla leader is the role of U.S. military in the conflict. It goes well beyond providing satellite intelligence on the location of guerrilla camps: the two countries have opposing responses to Washington’s attempt to militarize the hemisphere. Ecuador’s constituent assembly proposes prohibiting all foreign military presence, while Colombia seeks ever greater U.S. military hardware, intelligence and troops. The U.S. response has been quite undiplomatic.

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United Nations v. United States

This is a moment of several overlapping transitions at the United Nations. A new secretary-general will take over when Kofi Annan’s 10 years are up at the end of December. New countries will join the Security Council as temporary members. And UN agencies are choosing new leadership.

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