Word: manfredo
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Dates: during 2000-2009
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...many Panamanians feel Torrijos and the project's backers are "looking through rose-colored glasses," says Fernando Manfredo, the canal's former deputy administrator and a leader of the anti-expansion campaign. Among their fears: increasing Panama's already sizable foreign debt, now more than $10 billion, or about 60% of GDP; other credible estimates indicate the expansion's cost would be closer to $8 billion; and uncertainties, like a possible downturn in Asia's economies, which could deflate the promised benefits. "Our big concern," says Manfredo, "is whether we'll really recuperate what we're going to throw into...