Wednesday, August 3, 2022

To Stop Inflation Protests, Panama Fixes Prices Of Groceries, Medicine

"After enduring weeks of increasingly intense protests, strikes, and highway blockades that led
to fuel and other product shortages, the Panamanian government last week announced it will exert control over the prices of 72 food items, and this week agreed to impose price caps on 150 medicines. The commitment was the culmination of the latest round of Catholic Church-mediated negotiations between the Panamanian government and representatives of a coalition of protesters that included labor unions, civic organizations and indigenous people. The broad protest movement was initially sparked by teachers striking over the higher cost of their commutes, due to higher gas prices." ZeroHedge

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