-
Stocks climb as oil prices retreat
-
'Gen Z has risen up': Tens of thousands demand better education in France
-
Vstock Transfer Names Securities Industry Veteran Erica Goodstein General Counsel and Chief Compliance Officer
-
$10 Million and Counting: Hola Prime Hits Major Trader Payout Milestone
-
Four Indonesian seamen return home after Somali pirate ordeal
-
UEFA investigate Ireland-Israel tunnel bustup after spitting claim
-
Crisis-striken Haiti postpones elections
-
Djokovic wins China Open and keeps unbeaten record after de Minaur retires
-
Germany arrests ex-spy chief on suspicion of giving secrets to foreign powers
-
Amsterdam's Rijksmuseum hosts 'homecoming' show for Willem de Kooning
-
Djokovic wins China Open after de Minaur retires
-
World Bank forecasts modest growth for Latin America, highlights climate risks
-
IMF warns cost-of-living shocks cause 'lasting deterioration' in affordability
-
'Afraid for my future': Tens of thousands demand better education in France
-
Alcaraz wins Japan Open for first title since injury return
-
Pakistan PM urges Imran Khan supporters to end protest march
-
'We're working to keep football clean', Turkish minister says
-
Alex Bodi își continuă expansiunea: planuri pentru deschiderea unui showroom ALIX LASERS la București
-
FIFA chief Infantino hit by Norwegian double complaint
-
STARTRADER Adds 20 Stock and ETF CFDs to Its 24/7 Trading Range
-
Exiled Catalan separatist leader Puigdemont cleared to return to Spain
-
Bulgaria searches for missing crew after drones hit more Black Sea ships
-
Stock markets climb as oil prices retreat
-
Alcaraz wins Japan Open for first title since return from injury
-
'No future': Thousands mass in France for high school protests
-
India, Qatar, S.Africa among nations who want to host 2036 Olympics
-
Nobel physics prize honours work on 'ghostly messengers' from outer space
-
Muchova squeaks out win over Osaka to reach China Open quarter-finals
-
Bulgaria searches for missing crew after drones hit two more ships in Black Sea
-
Kenya reports first-ever Ebola death
-
Le Pen vows drastic cost savings to prevent French 'default'
-
Tennis world No.1 Sinner's season over due to knee injury
-
'Eats through a straw': French teens wounded in high school protests
-
Yemen's Houthis claim attack on Riyadh airport, deny losing territory
-
Thousands mass in France for high school protests
-
7-Eleven exits India amid mounting competition
-
Moscow denies sanitary measures over plague reports
-
The alleged murder by US marine on Okinawa: five things to know
-
Samoa look to recreate 2022 final run at Rugby League World Cup
-
End of an era as Messi prepares to hang up Argentina boots
-
Asian stocks mostly up after tech-led Wall St record
-
Superstar duo headline strong New Zealand squad for Rugby League World Cup
-
German factory orders plunge as recovery still fragile
-
South Korea warns of possible AI use in banking hacks
-
Coco Gauff calls out online racism following China open video review
-
EU vows AI rules will protect Europeans. Will they?
-
KVB Accelerates Middle East Footprint with Strategic MENA Regional Expansion
-
Myanmar leader to visit Malaysia after migrant returns begin
-
Purple reign: Philippines seeks to keep grip on ube throne
-
Germany's AfD poised to preside over state assembly for first time
Panama govt, protesters edge closer in talks to end road closures
The Panamanian government and protesters edged closer Monday to an agreement to end a weeks-long living cost revolt that has blocked roads, interrupted food supplies and damaged the economy.
Authorities agreed in the early morning hours to reduce the price of 72 basic consumer items by some 30 percent on average.
"The national government has every intention of continuing dialogue and today has shown it also has the will to reach agreements," Labor Minister Doris Zapata said on the fifth day of marathon talks in Penonome, 150 kilometers (93 miles) southwest of the capital Panama City.
"There is already the first step on the road to solving the problems of the social crisis that this country is experiencing," said Fernando Abrego, a spokesman for one of the demonstrators.
For three weeks, amid worsening economic woes for Panama, protesters demanding lower fuel, food and medicine prices have blockaded the crucial Pan-American Highway and other major roads with stalled trucks and burning tires. Some have clashed with police.
Despite its dollarized economy and impressive growth figures, the country of 4.4 million people has one of the world's highest rates of social inequality, with poor access to health services, education and clean drinking water in some areas.
The demonstrations have triggered food and fuel shortages in some parts of the country, and the business sector says some $500 million has been lost.
Even before the talks started, the government had lowered the price of 18 basic products and that of fuel from $5.20 per gallon to $3.25 in an unsuccessful bid to end the standoff.
Protesters had demanded a lowering of the price of 82 products and want a limit to be imposed on company profits, a measure the government has rejected.
Other demands include reducing the price of medicines and electricity, increasing investment in education and the public health system, and measures against government corruption.
Luis Sanchez, another spokesman for the protesters, said some roads have been opened in a gesture of good faith.
But the government asked for all blockades to be ended.
"There is a population distressed by the closures," said Zapata.
W.Lapointe--BTB