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More than a century ago, during Great Britain�s hey day, it was said that Britannia both ruled the waves and waived the rules. As the 19th century British prime minister, Lord Palmerston, stated: �we have no eternal allies and we have no perpetual enemies. Our interests are eternal and perpetual, and those interests it is our duty to follow�. Lord Palmerston�s dictum is itself eternal and perpetual � and has international application; only the superpowers, not those sentiments, change. Latin America�s leading banking centre, Panama, understands Lord Palmerston�s view, not ... Read More
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