Word: panamanians
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FIRST BIG WELL in Central America has been brought in by California's Union Oil Co. in Costa Rica. After several dry wells on 3,500,000-acre concession near Panamanian border, Union hit 1,000 bbls.-per-day well at 4,950 ft. Union considers find "of tremendous importance," will next start drilling on 350,000-acre concession in Panama...
...consider herself obliged to respect any of the decisions or recommendations adopted by the conference.'' Panama should have been invited, said the communiqué, because 1) the Panama Canal "is in some respects similar to the Suez Canal," and 2) a large merchant fleet flies the Panamanian flag.* On a visit to Cairo last week, Panama's Ambassador to Italy, doubling as Minister to Egypt, declared that Gamal Abdel Nasser had the right to nationalize the Suez Canal Company, and that Panama would never accept international control of its canal-comments that afforded Nasser & Co. some small...
...Nearly 4,000,000 tons of shipping, virtually none of it owned or manned by Panamanians, operates under Panamanian registry to escape home-country taxes, labor unions or maritime codes...
Relaxed in the air-conditioned VIP waiting room at Panama's Tocumen Airport, ex-Strongman Juan Perón affably thanked the Panamanian government for "eight good months" and sent his warmest regards to "the humble and suffering, and all the workers" of Panama. Upstairs, the former Argentine dictator's shapely secretary, Dancer Isabel Martínez, stopped sipping a Coke long enough to pose for photographers and describe her boss as "an extraordinary man in all respects." Then Perón, 60, and Isabel, 23, climbed aboard a plane for Venezuela...
...household was apparently changing countries on its own hook; Panamanian officials vowed that they had no complaints about Perón's behavior. Perón himself was silent on why he was moving, but one reason was probably his peeve at being asked to leave Panama during the conference of American Presidents. He might also desire to close ranks with the colony of Peronist exiles in Venezuela, some of them doing well in the booming horse-racing business. As Perón landed in Caracas, he was cheered by some 100 of these supporters with a fervor reminiscent...