IBOV 172,236.05 ▲ 2.22% IPC MEX 71,866.30 ▲ 0.66% MERVAL 2,848,945 — — USD/BRL5.59▲ 1.57% USD/MXN18.72▲ 1.02% USD/CLP977.56▲ 1.07% USD/COP3,292▲ 5.50% USD/PEN3.41▲ 0.17% USD/ARS1,545▼ 0.02% USD/UYU40.45▲ 0.35% USD/PYG6,450▲ 1.45% USD/BOB11.74▼ 0.59% USD/DOP60.42▲ 2.34% USD/CRC446.56▼ 0.38% USD/GTQ7.64▼ 0.05% USD/HNL26.89▲ 0.02% USD/NIO36.62▲ 2.53% USD/VES897.02▲ 0.07% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.79▲ 2.42% USD/TTD6.72▼ 0.03% EUR/BRL6.25▲ 2.00% BRENT 89.66 ▼ 3.14% WTI 84.45 ▼ 2.76% IRON ORE 161.91 — — COPPER 6.26 ▼ 1.14% GOLD 4,061 ▼ 1.30% SILVER 51.90 ▼ 1.27% SOY 1,186 ▲ 0.34% CORN 439.75 ▲ 0.11% WHEAT 586.00 ▼ 0.34% COFFEE 267.70 ▼ 2.16% SUGAR 18.01 ▼ 1.10% ORANGE JUICE 143.50 ▲ 3.72% COTTON 78.30 ▼ 0.61% COCOA 4,822 ▼ 3.64% BEEF 216.33 ▲ 1.06% CATTLE 328.83 ▲ 2.02% LITHIUM 60.47 ▼ 1.43% PETR4 44.77 ▼ 0.93% VALE3 65.07 ▼ 1.57% ITUB4 41.93 ▲ 0.50% BBDC4 14.70 ▲ 0.14% ABEV3 15.75 ▲ 0.90% BBAS3 17.12 ▲ 0.59% B3SA3 14.88 ▲ 0.20% WEGE3 51.75 ▲ 1.99% PRIO3 59.15 ▼ 0.40% SUZB3 55.02 ▲ 1.51% RENT3 30.51 ▼ 1.04% AZZA3 15.09 ▼ 0.20% CSAN3 2.76 ▼ 0.36% RAIZ4 24.40 ▼ 12.86% PCAR3 2.44 ▲ 0.41% GMAT3 3.89 ▲ 1.57% PSSA3 45.98 ▲ 0.72% CVCB3 0.88 ▲ 1.15% POSI3 3.06 ▲ 0.99% SLCE3 16.95 ▼ 2.02% NATU3 5.69 ▼ 0.35% BRKM5 3.03 ▲ 0.33% RANI3 8.50 ▼ 2.97% CSNA3 4.39 ▼ 2.23% IBOV 172,236.05 ▲ 2.22% IPC MEX 71,866.30 ▲ 0.66% MERVAL 2,848,945 — — USD/BRL 5.58 ▲ 1.29% USD/MXN 18.71 ▲ 0.93% USD/CLP 977.65 ▲ 1.08% USD/COP 3,293 ▲ 5.53% USD/PEN 3.41 ▲ 0.14% USD/ARS 1,545 ▼ 0.02% USD/UYU 40.45 ▲ 0.35% USD/PYG 6,450 ▲ 1.45% USD/BOB 11.74 ▼ 0.59% USD/DOP 60.42 ▲ 2.34% USD/CRC 446.56 ▼ 0.38% USD/GTQ 7.64 ▼ 0.05% USD/HNL 26.89 ▲ 0.02% USD/NIO 36.62 ▲ 2.53% USD/VES 897.02 ▲ 0.07% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.79 ▲ 2.42% USD/TTD 6.72 ▲ 2.10% EUR/BRL 6.24 ▲ 1.76% BRENT 89.66 ▼ 3.14% WTI 84.45 ▼ 2.76% IRON ORE 161.91 — — COPPER 6.26 ▼ 1.14% GOLD 4,061 ▼ 1.30% SILVER 51.90 ▼ 1.27% SOY 1,186 ▲ 0.34% CORN 439.75 ▲ 0.11% WHEAT 586.00 ▼ 0.34% COFFEE 267.70 ▼ 2.16% SUGAR 18.01 ▼ 1.10% ORANGE JUICE 143.50 ▲ 3.72% COTTON 78.30 ▼ 0.61% COCOA 4,822 ▼ 3.64% BEEF 216.33 ▲ 1.06% CATTLE 328.83 ▲ 2.02% LITHIUM 60.47 ▼ 1.43% PETR4 44.77 ▼ 0.93% VALE3 65.07 ▼ 1.57% ITUB4 41.93 ▲ 0.50% BBDC4 14.70 ▲ 0.14% ABEV3 15.75 ▲ 0.90% BBAS3 17.12 ▲ 0.59% B3SA3 14.88 ▲ 0.20% WEGE3 51.75 ▲ 1.99% PRIO3 59.15 ▼ 0.40% SUZB3 55.02 ▲ 1.51% RENT3 30.51 ▼ 1.04% AZZA3 15.09 ▼ 0.20% CSAN3 2.76 ▼ 0.36% RAIZ4 24.40 ▼ 12.86% PCAR3 2.44 ▲ 0.41% GMAT3 3.89 ▲ 1.57% PSSA3 45.98 ▲ 0.72% CVCB3 0.88 ▲ 1.15% POSI3 3.06 ▲ 0.99% SLCE3 16.95 ▼ 2.02% NATU3 5.69 ▼ 0.35% BRKM5 3.03 ▲ 0.33% RANI3 8.50 ▼ 2.97% CSNA3 4.39 ▼ 2.23%
since 2009
Tuesday, November 10, 2026

Unions and left-wing demand decent wages and an end to corruption in Panama

By · · 3 min read

RIO DE JANEIRO, BRAZIL – Unions and left-wing militants protested this Wednesday (22) in front of the Parliament of Panama, in the capital, in repudiation of electoral reform and demanded decent wages in the country, hard hit by unemployment and informality amid the crisis derived from the pandemic.

About 2,000 people, according to preliminary data from the Ombudsman’s Office, marched from the historic Porras Park to the surroundings of the Assembly of Panama (AN, Parliament), carrying banners and chanting against the Government and corruption.

Read also: Check out our coverage on Panama

Free daily brief — no card needed
Get every Central America story in one morning email
We build you a personalized brief around the topics you follow — free for 7 days. Love it? Your first month after that is US$1.

Some of those present burned animal dolls with the logos of the most representative political parties of the country while they formed a circle and chanted.

Unions and left-wing demand decent wages and an end to corruption in Panama
Unions and left-wing demand decent wages and an end to corruption in Panama.
RT
Ask Rio Times
17 years of Latin America reporting, on demand.
Open the full Ask Rio Times →

This demonstration, which passed without incidents and was observed by a strong police contingent, took place one day after the Minister of Labor, Doris Zapata, expressed that there is not a favorable environment, given the pandemic crisis, for an increase in the minimum wage, which must be reviewed this 2021 by the current law.

“The minister speaks on behalf of her bosses, the employers. Why doesn’t she say that they can’t raise the prices of food, electricity, the cost construction materials? She won’t open her mouth,” Saúl Méndez, secretary of the powerful National Union of Construction and Similar Workers (Suntracs), told efe agency.

The LatAm Brief

One email, every weekday morning. What moved in Latin American markets, politics and expat life.

Yesterday’s subject line: “Exxon takes a first step back to Venezuela”

Free. We send a confirmation link first — nothing arrives until you click it. Unsubscribe with one click in any edition. If you stop opening us for 30 days we stop sending by ourselves, as we assume the interest is no longer there. See our privacy policy. We never share your email.

The crisis caused by the pandemic catapulted unemployment from 7.1% to 18.5% as of September 2020 and informality to more than 52%. Local analysts estimate that unemployment has already exceeded 20% and have suggested that an increase in the minimum wage will serve to boost consumption and thus the economy, which collapsed by 17.9% last year.

In Panama, there are about thirty different minimum wages. The last revision occurred in December 2019, when President Laurentino Cortizo decreed an average hike of 3.3%. In 2017, the then ruler Juan Carlos Varela approved a 6.5% hike in large companies and 4.5% in small businesses.

Among those present at Wednesday’s demonstration was the National Union of Educators of Panama (UNEP) protesting “the abuse of the Assembly (…) who intend to include 300 articles to an electoral reform” already agreed upon in a national commission for months, its coordinator, professor Edy Pinto, explained to Efe.

The Panamanian Parliament tried to apply some modifications to an electoral reform project, which provoked the withdrawal of the Electoral Tribunal, a wave of criticism, and one of the most crowded rallies of the last years in the country to demand the revocation of the measure.

This controversy is being discussed this week in a “technical table” called by the Parliament to understand the magistrates of the governing body of the elections.

Also present were representatives of the feminist movement, who wanted to raise their voices for the women domestic workers since, according to them, they are invisible before the State since they do not receive any economic aid.

While union representatives were grouped in “cabildos” to show their main complaints, some of their delegates went to the Parliament to deliver a document with a series of points to show that “we do not want more robberies or robberies, nor that the people continue to be exploited. We demand work and a decent salary!

This article was produced by The Rio Times’ automated AI newsroom. Editorial responsibility: Matthias Camenzind, Publisher and Editor-in-Chief. The Rio Times also runs Ask Rio Times, which answers from 100,000+ of our own articles, the daily Latin America Power Map, and prediction-market odds on elections and markets.. How we use AI · Report an error

The Rio Times · Power Map
See who really holds power in Latin America
Click to open the Power Map →

Brazil runoff date: Sunday, October 25, poll closing times and when results start · Brazil runoff polls: Flávio 51%, Lula 49% · Kalshi and Polymarket odds

Rotate for Best Experience

This report is optimized for landscape viewing. Rotate your phone for the full experience.