Pakistanis angry over detentions in Times Sq. case Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They
AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e
BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German
Minister seeks closure of anti-Berlusconi websites Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who
By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an
Edition:
U.S.
Africa
Arabic
Argentina
Brazil
Canada
China
France
Germany
India
Italy
Japan
Latin America
Mexico
Russia
Spain
United Kingdom
Home
Business
Business Home
Economy
Technology
Media
Small Business
Green Business
Legal
Deals
Earnings
Summits
Business Video
Markets
Markets Home
U.S. Markets
European Markets
Asian Markets
Global Market Data
Indices
M&A
Stocks
Bonds
Currencies
Commodities
Futures
Funds
peHUB
World
World Home
U.S.
Brazil
China
Euro Zone
Japan
Mexico
Russia
Afghan Journal
Africa Journal
India Insight
Global News Journal
Pakistan: Now or Never?
World Video
Politics
Politics Home
Front Row Washington
Politics Video
Technology
Technology Home
MediaFile
Science
Tech Video
Opinion
Opinion Home
Chrystia Freeland
Felix Salmon
Breakingviews
George Chen
Bernd Debusmann
Gregg Easterbrook
James Pethokoukis
James Saft
John Wasik
Christopher Whalen
Ian Bremmer
Mohamed El-Erian
Lawrence Summers
The Great Debate
Unstructured Finance
Newsmaker
MuniLand
Money
Money Home
Analyst Research
Global Investing
MuniLand
Reuters Money
Alerts
Watchlist
Portfolio
Stock Screener
Fund Screener
Personal Finance Video
Life & Culture
Health
Sports
Arts
Faithworld
Business Traveler
Left Field
Entertainment
Oddly Enough
Lifestyle Video
Pictures
Pictures Home
Reuters Photographers
Full Focus
Video
Article
Comments (0)
Full Focus
Editor's choice
A selection of our best photos from the past 24 hours. Full Article
Follow Reuters
Facebook
Twitter
RSS
YouTube
Read
Exclusive: Condoleezza Rice fires back at Cheney memoir
31 Aug 2011
UPDATE 1-Katia almost a hurricane; storm fears in Gulf
31 Aug 2011
Obama to address Congress on September 8
|
31 Aug 2011
Labor leaders must pay for parade if GOP banned, mayor says
30 Aug 2011
Sony sets date for mobile 3D headset Japan launch
31 Aug 2011
Discussed
173
Labor leaders must pay for parade if GOP banned, mayor says
121
White House to nominate Krueger as top economist
107
Astronomers discover planet made of diamond
Watched
Need a new liver? Get one printed
Wed, Aug 31 2011
Buenos Aires Fashion week sizzles
Mon, Aug 22 2011
Experimental plane reaches 13,000 mph
Fri, Aug 26 2011
Panama officials quit after foreign minister fired
Tweet
Share this
Email
Print
Related News
UPDATE 5-Japan finmin refrains from launching leadership bid
Tue, Aug 9 2011
Analysis & Opinion
RBI chief challenges “group wisdom” on economy
Step up, Mr Prime Minister
Related Topics
World »
By Sean Mattson
PANAMA CITY |
Wed Aug 31, 2011 9:29pm EDT
PANAMA CITY (Reuters) - A number of senior Panamanian government officials quit their posts on Wednesday to protest President Ricardo Martinelli's decision to fire former political ally Juan Carlos Varela as foreign minister.
The resignations were led by Finance Minister Alberto Vallarino, who said on Tuesday he and other top officials from Varela's party would quit over his ouster.
Vallarino said in a statement he would stay in office until his replacement was named. Analysts said the Finance Ministry changes were unlikely to harm Panama's economic outlook or fiscal policy.
Martinelli sacked Varela after accusing him of dedicating too much time to his ambition to run for president in 2014. The rupture between the two effectively ended the political alliance that put Martinelli in power in 2009. Varela remains in the largely ceremonial post of vice president.
Deputy ministers from the Interior, Labor and Finance Ministries were among the officials who resigned, some of them replaced with Martinelli loyalists in the president's biggest Cabinet reshuffle so far.
The departures do not mean the end of Martinelli's government because the president does not need the support of Varela's Panamenista Party, or PP, to get legislation passed.
Heather Berkman, an analyst at Eurasia Group, said Varela's departure from the Cabinet increased the risk that Martinelli would become more brash in his decision-making.
"Varela was sort of a moderating influence and someone that international investors and companies felt comfortable operating with," she said.
The president won a landslide victory in 2009 with the backing of Varela, who withdrew his candidacy in exchange for Martinelli's support in 2014. That deal has fallen through.
Martinelli's office swore in new senior officials, including Roberto Henriquez, who formerly held the trade portfolio, as foreign minister.
(Editing by Peter Cooney)
World
Tweet this
Link this
Share this
Digg this
Email
Reprints
We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/
Comments (0)
Be the first to comment on reuters.com.
Add yours using the box above.
Social Stream (What's this?)
Edition:
U.S.
Africa
Arabic
Argentina
Brazil
Canada
China
France
Germany
India
Italy
Japan
Latin America
Mexico
Russia
Spain
United Kingdom
Back to top
Reuters.com
Business
Markets
World
Politics
Technology
Opinion
Money
Pictures
Videos
Site Index
Mobile
Legal
Bankruptcy Law
California Legal
New York Legal
Securities Law
Support & Contact
Contact Us
Advertise With Us
Connect with Reuters
Twitter
Facebook
LinkedIn
RSS
Newsletters
About
Privacy Policy
Terms of Use
Our Flagship financial information platform incorporating Reuters Insider
An ultra-low latency infrastructure for electronic trading and data distribution
A connected approach to governance, risk and compliance
Our next generation legal research platform
Our global tax workstation
Thomsonreuters.com
About Thomson Reuters
Investor Relations
Careers
Contact Us
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.