Lots of noise, as wire taps would be illegal in Panama and there have been some. But as they say in Spanish, "politiqueria", playing to the press. No long term effect, but could affect getting things done over the next couple of months. Martinelli has firm control of the National Assembly and Supreme Court so there will be no real challenges to his Presidency.
You are right that a lot of people not paying attention this time of year, and the policy is just to deny cable as misinterpretation of intent. I really hope this PP gets done right away and that Q2 is positive. Then the interim turmoil would not affect the company very much.
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