BlackRock strikes deal to bring ports on both sides of Panama Canal under American control
The Hong Kong-based conglomerate that operates ports near the Panama Canal has agreed to sell shares of its units that operate the ports to a consortium including BlackRock Inc., after President Donald Trump alleged Chinese interference with the operations of the critical shipping lane.
Visiting congressmen review a map of the canal, Courtesy ... I am commanding the Army of Panama, and the enemy we are going to combat is the Culebra Cut and the locks and dams at both ends ...
Shipping prices have increased because of droughts last year affecting the canal locks, forcing Panama to drastically cut shipping traffic through the canal and raise rates to use it. Though ...
Donald Trump has begun his second term as president by ramping up pressure on Panama – threatening to “take back” the Panama Canal and accusing the country of ceding control of the strategically ...
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