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Donald Trump Designates Erik Paul Bethel as US Ambassador to Panama


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Donald Trump desgina a Erik Paul Bethel como embajador de EEUU en Panamá

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Teiga Castrellón

La Casa Blanca dio a conocer que el presidente estadounidense Donald Trump hizo pública su intención de nominar y nombrar a diferentes personas para puestos claves en su administración, entre los que se encuentra el futuro embajador de EEUU en Panamá.

Según la nota de la Casa Blanca el elegido por el presidente estadounidense para ocupar el cargo de embajador en Panamá es Erik Paul Bethel, de Florida.

Según indica la hoja de vida que extiende la Casa Blanca sobre Bethel, este recientemente completó su mandato como Director Ejecutivo Alterno del Banco Mundial en los Estados Unidos. 

"En ese cargo, el Sr. Bethel encabezó una serie de iniciativas, incluida la racionalización de las operaciones del Banco Mundial y la promoción de nuevas tecnologías como el aprendizaje automático, la inteligencia artificial y la cadena de bloques", añade el reporte.

Bethel es un financiero con más de 25 años de experiencia en capital privado y la banca de inversión en América Latina y Asia, además es un reconocido experto en inversiones y actividades financieras chinas en la región de América Latina.

En enero del 2020 se informaba que Estados Unidos nombraba a Philip Laidlaw como nuevo encargado de negocios en Panamá, el cual hasta la fecha se consideraba la máxima representación estadounidense en nuestro país.

 

Moderator comment: Below is an unedited automated translation of the above news article.

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Donald Trump designates Erik Paul Bethel as US ambassador to Panama

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Teiga Castrellón • Apr 20, 2020 - 03:44 PM

The White House disclosed that US President Donald Trump made public his intention to nominate and appoint different people for key positions in his administration, among which is the future US Ambassador to Panama.

According to the White House note, the one chosen by the American president to occupy the post of ambassador to Panama is Erik Paul Bethel, from Florida.

As indicated by the resume that the White House extends over Bethel, he recently completed his term as Alternate Executive Director of the World Bank in the United States.

"In that role, Mr. Bethel spearheaded a number of initiatives, including streamlining World Bank operations and promoting new technologies like machine learning, artificial intelligence and the blockchain," the report added.

Bethel is a financier with more than 25 years of experience in private equity and investment banking in Latin America and Asia, and is a recognized expert in Chinese investments and financial activities in the Latin American region.

In January 2020, it was reported that the United States appointed Philip Laidlaw as the new charge d'affaires in Panama, which to date was considered the highest US representation in our country.

 

https://www.telemetro.com/nacionales/2020/04/20/donald-trump-designa-erik-paul-bethel/2790391.html

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  • Moderator_02 changed the title to Donald Trump Designates Erik Paul Bethel as US Ambassador to Panama
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Moderator comment: Quoted from the World Bank website. Highlighting added by the Moderator.

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Mr. Bethel was nominated by the President and confirmed by the Senate to represent the United States on the World Bank Board of Directors in April 2018.

Mr. Bethel has 25 years of financial experience as an investment banker and private equity professional focused on Emerging Markets. Prior to being nominated to serve at the World Bank, Mr. Bethel was a Managing Director at Franklin Templeton Investments where he executed private equity transactions in Latin America. Prior to this, he was based in Shanghai, China as Managing Partner of SinoLatin Capital and Managing Director of ChinaVest. Earlier in his career, Mr. Bethel held a variety of Emerging Markets-focused private equity and investment banking positions at J.P. Morgan and Morgan Stanley & Co. in both New York and Mexico City.   

Mr. Bethel earned a B.S. in Economics and Political Science from the United States Naval Academy, Annapolis and an M.B.A. from The Wharton School of Business, University of Pennsylvania. He speaks Spanish, Portuguese and Mandarin.


https://www.worldbank.org/en/about/people/e/erik-bethel

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El presidente Trump nominará a Erik Bethel para el cargo de embajador ante Panamá

Según la información brindada por la Casa Blanca mediante un comunicado, Bethel es experto en finanzas e inversión privada. Su nominación deberá ser aprobada por el senado estadounidense.
 
Dalia Pichel
20 abr 2020 - 03:55 PM

https://www.prensa.com/locales/el-presidente-trump-nominara-a-erick-paul-bethel-para-el-cargo-de-embajador-ante-panama/

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Trump names new ambassador to Panama

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Posted 20/04/2020

President Donald Trump has named Erik Paul Bethel as the new United States Ambassador to Panama, says a note from the White House.

Bethel's nomination comes after completing his term as Alternate Executive Director of the World Bank in the US.

A financial professional with more than 25 years of experience in private equity and investment banking in Latin America and Asia. He is an expert in investments and financial activities in Latin American

Bethel was a member of the Board of Governors of Opportunity International, a nonprofit organization that provides financial services to people living in poverty in developing countries.

He graduated from the United States Naval Academy and the University of Pennsylvania. He speaks Spanish, Portuguese and Mandarin.

Philip Laidlaw is the current acting chief of mission of the US Embassy.

The United States has not designated an ambassador to Panama since John Feeley resigned over a disagreement with Trump policies.

Bethel's nomination comes after completing his term as Alternate Executive Director of the World Bank in the United States.

A financial professional with more than 25 years of experience in private equity and investment banking in Latin America and Asia. He is an expert in investments and financial activities in Latin America.

Erik Paul Bethel was a member of the Board of Governors of Opportunity International, a nonprofit organization that provides financial services to people living in poverty in developing countries.

Bethel graduated from the United States Naval Academy and the University of Pennsylvania. He speaks Spanish, Portuguese and Mandarin.

Currently, Philip  Laidlaw is the acting chief of mission of the US Embassy in Panama 

Since March 2018, the United States has not designated an ambassador to Panama, following the resignation of John Feeley over a disagreement with Trump policies.

 

https://www.newsroompanama.com/business/trump-names-new-ambassador-to-panama

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Erik Bethel, el experto en finanzas que podría representar a EEUU en Panamá

El presidente Donald Trump hizo el anuncio el lunes como parte de su intención de contar con un representante diplomático de ese país en el istmo

Por Redacción La Estrella de Panamá

Erik Paul Bethel, con larga trayectoria en banca y finanzas, y exrepresentante de Estados Unidos ante el Banco Mundial, fue nominado por el presidente Donald Trump como nuevo embajador de la nación estadounidense en Panamá.

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El prenombrado es un experto en banca, finanzas y mercados emergentes.Redes sociales
 

Según información publicada por la embajada en su tio web oficial, Bethel es un experto en inversiones chinas y actividades financieras en la región latinoamericana que “comenzó su carrera cubriendo Brasil, Colombia y México. Luego, se trasladó a la ciudad de México para trabajar en el área de banca de inversiones y posteriormente a Shanghai, China, en calidad de gestor de patrimonio”.

“Ha formado parte de la junta directiva de Opportunity International, una organización sin fines de lucro dedicada a brindar servicios financieros a personas que viven en condiciones de pobreza en países de desarrollo”, reza el texto.

El prenombrado es un experto en mercados emergentes con amplia experiencia en el mercado de inversiones y un profesional de capital privado.

Durante su desempeño como director ejecutivo suplente de Estados Unidos ante el Banco Mundial “lideró numerosas iniciativas, incluyendo la optimización de las operaciones del Banco Mundial y la promoción de nuevas tecnologías, tales como el aprendizaje automatizado, inteligencia artificial y blockchain, o cadenas de bloques”, publicó la embajada.

Fue director gerente en Franklin Templeton Investments, donde realizó transacciones de capital privado en América Latina. Antes de esto, tenía su sede en Shanghai, China, como socio gerente de SinoLatin Capital y director gerente de ChinaVest.

Anteriormente en su carrera, Bethel ocupó una variedad de posiciones de banca de inversión y capital privado centradas en mercados emergentes en JP Morgan y Morgan Stanley & Co., tanto en Nueva York como en ciudad de México.

Es egresado de la Academia Naval de Estados Unidos en Economía y Ciencias Políticas, donde fue becario de la fundación Olmsted, de la Fundación Cox y llegó a ser comandante de batallón. Obtuvo un M.B.A. de la Wharton School of Business, Universidad de Pennsylvania.

Habla español, portugués y mandarín.

El anuncio de la Casa Blanca se hizo efectivo este lunes, en medio de la pandemia de Covid-19 y luego de que Panamá permaneciera durante más de 26 meses sin un embajador en propiedad, tras la retirada del diplomático John Feeley.

Las relaciones entre Panamá y Estados Unidos se tensaron en 2017, cuando la administración de Juan Carlos Varela abrió las puertas diplomáticas entre China y el país canalero, un anuncio que se efectuó en forma simultánea por ambos países en junio 2017 y del cual se enteró Estados Unidos unas horas antes, lo que enfrió las dinámicas entre los dos grandes socios históricos.

 

Moderator comment: Below is an unedited automated translation of the above news article.

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Erik Bethel, the finance expert who could represent the US in Panama

President Donald Trump made the announcement on Monday as part of his intention to have a diplomatic representative of that country on the isthmus.

By Drafting The Star of Panama
Updated 04/22/2020 00:00

Erik Paul Bethel, with a long history in banking and finance, and former United States representative to the World Bank, was nominated by President Donald Trump as the new ambassador of the American nation in Panama.

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The pledge is an expert in banking, finance and emerging markets. Social Media

According to information published by the embassy on its official website, Bethel is an expert in Chinese investments and financial activities in the Latin American region who “started his career covering Brazil, Colombia and Mexico. Later, he moved to Mexico City to work in the investment banking area and later to Shanghai, China, as a wealth manager. ”

"He has served on the board of directors of Opportunity International, a non-profit organization dedicated to providing financial services to people living in poverty in developing countries," reads the text.

The pledge is an emerging market expert with extensive investment market experience and a private equity professional.

During his tenure as deputy chief executive officer of the United States at the World Bank, “he led numerous initiatives, including optimizing World Bank operations and promoting new technologies, such as machine learning, artificial intelligence and blockchain, or blockchains. ”, Published the embassy.

He was managing director at Franklin Templeton Investments, where he conducted private equity transactions in Latin America. Prior to this, he was based in Shanghai, China, as managing partner of SinoLatin Capital and managing director of ChinaVest.

Earlier in his career, Bethel held a variety of emerging market investment and private equity positions focused on JP Morgan and Morgan Stanley & Co., both in New York and Mexico City.

He is a graduate of the United States Naval Academy in Economics and Political Science, where he was a fellow of the Olmsted Foundation, the Cox Foundation, and became a battalion commander. Earned an M.B.A. from the Wharton School of Business, University of Pennsylvania.

He speaks Spanish, Portuguese and Mandarin.

The announcement by the White House took effect this Monday, amid the Covid-19 pandemic and after Panama remained for more than 26 months without a proprietary ambassador, following the withdrawal of diplomat John Feeley.

Relations between Panama and the United States were strained in 2017, when the Juan Carlos Varela administration opened diplomatic doors between China and the canal country, an announcement that was made simultaneously by both countries in June 2017 and which was learned by States United a few hours earlier, which cooled the dynamics between the two great historical partners.

 

https://www.laestrella.com.pa/nacional/200422/erik-bethel-experto-finanzas-representar

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Estados Unidos a Panamá: olvidemos la diplomacia, hablemos de negocios

Diez de los últimos 17 embajadores que ha tenido Estados Unidos en Panamá han salido de las filas de la carrera diplomática. Bethel, en contraste, se sumaría a la minoría apuntada como nombramiento político y con casi nula trayectoria en el servicio público

Por Rekha Chandiramani

La Casa Blanca anunció esta semana la nominación de Erik Bethel –un banquero de inversiones de Florida– para el cargo de embajador plenipotenciario de ese país en Panamá. Es la apuesta del presidente estadounidense Donald Trump para cubrir un puesto diplomático que está vacante desde hace dos años, tras la polémica renuncia a inicios de 2018 del último embajador estadounidense en funciones, John D. Feeley. La nominación tiene que pasar por la lupa del Senado estadounidense antes de materializarse.
 
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Septiembre de 2019, Trump se reúne con líderes de la región, entre ellos el presidente Laurentino CortizoArchivo |La Estrella de Panamá
 
El perfil de Bethel se traduce en un mensaje claro. Estados Unidos –o por lo menos Trump– quiere hacer más negocios con Panamá. Toda la trayectoria de Bethel se condensa en ámbitos privados de inversiones internacionales. Sin duda una hoja de vida envidiable para cualquier banquero: 25 años de experiencia en el mercado de capitales y banca de inversión; ha estado en firmas como J.P. Morgan, Franklin Templeton Investments, Sinolatin Capital y ChinaVest, trabajando en Nueva York, México, Colombia Brasil y China. Lo más reciente y más cercano al servicio público en su haber es la representación de Estados Unidos en la junta directiva del Banco Mundial, cargo para el que Trump lo designó y el Senado lo ratificó en 2018.

Si bien la prerrogativa de nombrar el embajador es enteramente del presidente de ese país y el cargo no tiene como requisito ser de carrera diplomática, la nominación de un banquero como embajador de EEUU en Panamá se aleja de la tendencia histórica en la que 10 de los 17 –o el 58.8%– de los embajadores que ha tenido ese país desde 1960 tenían pasado diplomático, según datos del servicio exterior de ese país.

Incluso las agendas más intensas a nivel diplomático entre ambos países, han sido las de seguridad, migración y cooperación regional. En ese contexto, por la antigua sede de la avenida Balboa y ahora en la de Clayton han desfilado desde estrategas militares hasta internacionalistas.

Pero con la llegada de Trump a la presidencia en 2017, la diplomacia de ese país tiene una mirada más centrada en los negocios. Prueba de ello es el discurso de Trump en el Foro Económico de Davos, en 2018. “América está abierto a los negocios”, refiriéndose a Estados Unidos. Esa posición aún es criticada por algunos medios estadounidenses, que cuestionan el supuesto provecho empresarial personal de la familia Trump como producto de sus acercamientos políticos.

Influencia regional

Panamá es un punto estratégico en la región. Lo reconocen y lo han sabido aprovechar –quizá mejor que nosotros– todas las potencias por muchos años.

Pero más allá de las inversiones que quiera hacer Estados Unidos en Panamá, para las cuales ya tiene una hoja de ruta con acuerdos de energía y seguridad firmados en los albores de la actual administración, el foco de Estados Unidos está puesto en el potencial de toda la región.

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“Sea quien sea el embajador, la soberanía de Panamá no debe de ser sometida a los caprichos de otro país. Eso está pasando”
GILMA CAMARGO
ABOGADA INTERNACIONALISTA

Como lo planteó el mismo Bethel en una serie de artículos de su autoría publicados en el sitio Seekingalpha en 2010, el litio –un mineral que se usa para hacer las baterías de computadoras personales, teléfonos inteligentes y autos eléctricos– es crucial en estos tiempos en que el petróleo se desploma y crece la conciencia por el daño ambiental. El litio tiene una mayor capacidad de carga y menor peso en comparación con las baterías de níquel.

En su escrito, Bethel proyectaba un crecimiento de la demanda de litio en 100%, y subrayando que las mayores reservas de litio del mundo están en Bolivia, junto con Argentina y Chile. “Países con importantes reservas de litio serán muy importantes desde una perspectiva geo-económica”, planteaba el banquero hace 10 años.

Pero hasta el expresidente boliviano Evo Morales estaba consciente del apetito internacional por el mineral, cuando en una entrevista posterior a su renuncia confesó que “el litio tuvo mucho que ver en lo que pasó”, refiriéndose a su salida del poder en noviembre de 2019.

Para la abogada internacionalista Gilma Camargo, Trump quiere usar a Panamá como sede para controlar la región. Designando a una persona que no es política de carrera, demuestra que viene con planes específicos tanto económicos como de política regional, explica la jurista al tiempo que espera cuestionamientos a su perfil antes de su ratificación.

La experiencia en finanzas del designado pretende hacer a la región más dependiente económicamente de capitales estadounidenses, para espantar a China y otros países que quieren invertir en la región, sostiene la jurista. Aun así, considera que lo más importante no es a quién designen como embajador, sino la política que adopte Panamá, que no sea “reaccionaria” ni “elitista”.

La polémica renuncia de John D. Feeley

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Exembajador de EEUU en Panamá, John D. Feeley Archivo | La Estrella de Panamá

Contexto

Los últimos cuatro embajadores de Estados Unidos en Panamá fueron de carrera diplomática. Barbara Stephenson, Phylis Powers, Jonathan Farrar y John Feeley. Este último renunció a finales de 2017, apenas en su segundo año de haber sido nombrado como embajador tras una larga carrera diplomática. La carta de renuncia, según el mismo Feeley, fue filtrada por Washington, obligándolo a hablar públicamente sobre los motivos de su partida.

En una columna que publicó en el Washington Post, Feeley criticó abiertamente la administración de Trump diciendo que los principios de la política exterior habían sido traicionados, su negativa de condenar un ataque de grupos supremacistas blancos, su actitud acosadora y su retórica antimigratoria. “Por eso no puedo seguir sirviendo al presidente”, tituló Feeley en su reveladora columna de opinión del 9 de marzo de 2018.

Tras ese episodio y con la sede siendo manejada por jefes de misión diplomática, Trump nomina –a meses de las elecciones y en plena pandemia– a Bethel para el puesto.

 

Moderator comment: Below is an unedited automated translation of the above news article.

Quote

United States to Panama: let's forget diplomacy, let's talk about business

Ten of the last 17 ambassadors the United States has had in Panama have come out of the ranks of the diplomatic career. Bethel, in contrast, would join the minority targeted as a political appointment and with almost no record in public service

By Rekha Chandiramani
Updated 04/24/2020 00:00

The White House announced this week the nomination of Erik Bethel - a Florida investment banker - for the post of that country's plenipotentiary ambassador to Panama. It is the commitment of US President Donald Trump to fill a diplomatic position that has been vacant for two years, after the controversial resignation in early 2018 of the last acting US Ambassador, John D. Feeley. The nomination has to go through the magnifying glass of the US Senate before materializing.

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September 2019, Trump meets with leaders of the region, including President Laurentino Cortizo Archivo | La Estrella de Panamá
 
Bethel's profile translates into a clear message. The United States - or at least Trump - wants to do more business with Panama. Bethel's entire career is condensed in private spheres of international investment. Without a doubt, an enviable resume for any banker: 25 years of experience in the capital market and investment banking; has been in firms like J.P. Morgan, Franklin Templeton Investments, Sinolatin Capital and ChinaVest, working in New York, Mexico, Colombia, Brazil and China. The most recent and closest to public service to his credit is the representation of the United States on the board of directors of the World Bank, a position for which Trump appointed him and the Senate ratified it in 2018.

Although the prerogative to appoint the ambassador is entirely the president of that country and the post does not have to be a diplomatic career, the nomination of a banker as US ambassador to Panama departs from the historical trend in which 10 of the 17 - or 58.8% - of the ambassadors that country has had since 1960 had a diplomatic background, according to data from that country's foreign service.

Even the most intense diplomatic agendas between the two countries have been those of security, migration and regional cooperation. In this context, from the former headquarters of Balboa Avenue and now in Clayton Avenue, military strategists to internationalists have marched past.

But with Trump's arrival to the presidency in 2017, that country's diplomacy has a more business-focused look. Proof of this is Trump's speech at the Davos Economic Forum in 2018. "America is open to business," referring to the United States. That position is still criticized by some US media, which question the alleged personal business profit of the Trump family as a product of their political approaches.

Regional influence

Panama is a strategic point in the region. They recognize it and have known how to take advantage of - perhaps better than we do - all the powers for many years.

But beyond the investments that the United States wants to make in Panama, for which it already has a roadmap with energy and security agreements signed at the dawn of the current administration, the focus of the United States is on the potential of all the region.

Quote

“Whoever is the ambassador, the sovereignty of Panama should not be subject to the whims of another country. That is happening ”
GILMA CAMARGO
INTERNATIONALIST LAWYER

As Bethel himself put it in a series of articles he authored published on the Seekingalpha site in 2010, lithium - a mineral used to make batteries for personal computers, smartphones, and electric cars - is crucial in these times in that oil collapses and awareness of environmental damage grows. Lithium has a higher charging capacity and less weight compared to nickel batteries.

In his brief, Bethel projected growth in demand for lithium by 100%, stressing that the world's largest lithium reserves are in Bolivia, along with Argentina and Chile. "Countries with significant lithium reserves will be very important from a geo-economic perspective," said the banker 10 years ago.

But even former Bolivian President Evo Morales was aware of the international appetite for the mineral, when in an interview after his resignation he confessed that "lithium had a lot to do with what happened", referring to his departure from power in November 2019.

For internationalist lawyer Gilma Camargo, Trump wants to use Panama as a headquarters to control the region. Appointing a person who is not a career politician, shows that he comes with specific plans, both economic and regional policy, explains the lawyer while waiting for questions to his profile before ratification.

The designee's financial experience aims to make the region more economically dependent on US capital, to scare away China and other countries that want to invest in the region, says the lawyer. Even so, he considers that the most important thing is not who they designate as ambassador, but the policy adopted by Panama, which is not "reactionary" or "elitist".

The controversial resignation of John D. Feeley

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Former US Ambassador to Panama, John D. Feeley Archive | The Panama Star

Context

The last four United States ambassadors in Panama were in a diplomatic career. Barbara Stephenson, Phylis Powers, Jonathan Farrar, and John Feeley. The latter resigned in late 2017, just in his second year of being appointed as ambassador after a long diplomatic career. The resignation letter, according to Feeley himself, was leaked by Washington, forcing him to speak publicly about the reasons for his departure.

In a column he published in the Washington Post, Feeley openly criticized the Trump administration, saying that the principles of foreign policy had been betrayed, his refusal to condemn an attack by white supremacist groups, his harassing attitude and his anti-immigration rhetoric. "That is why I cannot continue to serve the President," Feeley titled in his revealing opinion column on March 9, 2018.

After that episode and with the headquarters being managed by heads of the diplomatic mission, Trump nominates - months after the elections and in the midst of a pandemic - Bethel for the position.

 

https://www.laestrella.com.pa/nacional/200424/estados-unidos-panama-olvidemos-diplomacia

 

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Anyone remember the public meeting at Boquete Library with John Feeley?

Considering Varela’s economic agreements with China, could there be good reason for Erik Bethel with years of banking/finance experience plus speaks Mandarin to be named as US Ambassador for Panama?

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