Panamanian government

Panama Canal produced record revenue despite drought

The Panama Canal delivered $2.5 billion to the national treasury for last year's operations, the government has said, despite record-low water levels that limited ship transits.

About six percent of global maritime trade passes through the canal each year, and the Panama Canal Authority earns money from tolls and services rendered to ships.

Panama dictator Noriega, ousted in US invasion, dies at 83

Former Panamanian dictator Manuel Noriega, who spied for the United States before his drug trafficking and brutality triggered a U.S. invasion to oust him in 1989, has died aged 83.

President Juan Carlos Varela announced Noriega's death on Twitter late on May 29, and said his passing marked the closing of a chapter in the Central American country's history.