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In one of the most audacious and electrifying business moves of the 21st century, Elon Musk is reportedly making a massive ...
By Alek Buttermann in Berlin The planned sale of Hong Kong-based CK Hutchison’s global port assets, including its strategic ...
CK Hutchison signals openness to include a Chinese investor in Panama Canal ports after negotiations with BlackRock expired, ...
T wo ports, one at either end of the Panama canal, have become a battlefront in the power struggle between China and America.
The talks involve incorporating a significant Chinese strategic investor into the bid, according to a Reuters report.
Panama and the U.S. signed a new security pact on the canal, boosting defense ties as tensions with China over Latin American influence continue to rise.
In the 2001 movie “The Tailor of Panama,” which starred Pierce Brosnan and Geoffrey Rush, the US invades Panama after receiving bogus intelligence that China is trying to secretly buy the canal.
The Panama Canal has spent the past few years battling extreme weather, with the El Niño phenomenon and severe drought leading to a water-level crisis. Now, it’s President Trump’s trade war ...
Panama Canal shipping fees were not a big issue until Mr. Trump raised the matter last year. As well as highlighting the costs of using the canal, American politicians have security concerns.