Advertisement
YOU ARE HERE: LAT HomeCollectionsFixme

BRIEFLY

February 27, 1988

Political upheavals in Panama have aroused foreign creditor banks' concerns that capital may flee the nation and exacerbate existing economic strains, bankers said. On Thursday, President Eric A. Delvalle dismissed military strongman Manuel Noriega; Delvalle himself was then ousted by Panamanian legislators who named education minister Manuel Solis Palma acting president. With no central bank or currency of its own, it is virtually impossible for Panama to influence cash flows.

Advertisement
Los Angeles Times Articles
|
|
|