Word: panama
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...will Southerners view Carter in 1980? The authors note that his stands on the Panama Canal, the B-l bomber and SALT certainly dismay conservatives. If his image is perceived as liberal in 1980, they contend, he will be in trouble. Of course, they add, Carter's vulnerability down home raises a related question: "Is the G.O.P. wise enough, and unified enough, to capitalize...
With high drama, the Senate shut its ;all wooden doors for a secret debate on the latest hurdle facing the Panama Canal treaties: charges linking Moisés Torrijos, the brother of Panama's strongman, General Omar Torrijos, to heroin smuggling in the U.S. Called at the insistence of Kansas Republican Robert Dole and other treaty opponents, the two-day session attracted as many as 70 Senators, practically a mob in Capitol Hill terms. But when the doors reopened at midweek, after 14 hours of testimony and discussion, the great drug drama turned out to be something of a bust...
...accusations against Moisés Torrijos, now Panama's Ambassador to Spain, went back to 1971, when two Panamanians were arrested at New York's Kennedy Airport carrying 155 lbs. of heroin. A federal grand jury subsequently handed down a sealed indictment?which the Justice Department unsealed last week?charging that Moisés had helped to arrange the smuggling operation. Along with the indictment, antitreaty Senators cited a four-year-old, 20-page Senate intelligence committee report, also released last week, which said that "some sources" had testified that President Torrijos "knew about" drug trafficking by his brother and other Panamanian...
...public debate ahead, the success of the Administration's carefully crafted strategy on the treaties remains in doubt. The plan has been to proceed in stages: first Senate Majority Leader Robert Byrd and then Minority Leader Howard Baker were to endorse the treaties after well-publicized visits to Panama; then they were to bring the treaties to the Senate floor, where individual Senators would be allowed to appease critics at home by amending the pact with an "understanding" clarifying the U.S. right to intervene to protect the canal's neutrality after 2000. But as of last week the pro-treaty...
...Still, Panama's economy is weighted toward service industries, and there lies the biggest growth potential. Some businessmen think the government should expand the single-track Panama Railroad to handle more traffic in the containers borne by ships too large to navigate the canal. The free-trade zone in Colon already contributes 7½ % of the gross domestic product; the zone could spread onto American-occupied land near by that would be ceded to Panama under the treaties. Panamanians are even now enlarging the country's international financial center, an outpost of 81 banks from all over that...