Panama Canal

large canal in Panama

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01.07.2024Labour Party wins the general election

01.07.2024Labour Party wins the general election

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business 2025-05-04 00:00
Trump's tariffs devastate Panama Canal trade impact
  • President Trump's tariffs on China have led to a significant drop in manufacturing orders and freight vessel sailings from China.
  • The Panama Canal, which depends heavily on U.S. trade, is facing potential revenue losses and declining activity as a result.
  • The situation raises concerns about the long-term economic stability of the Panama Canal amid increasing competition and changing trade dynamics.
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Pete Hegseth warns China about the Panama Canal control
politics 2025-04-13 14:19
Pete Hegseth warns China about the Panama Canal control
  • Pete Hegseth visited Panama and signed agreements to prevent Chinese control of the Panama Canal.
  • The U.S. aims to strengthen its military cooperation with Panama as tensions with China escalate.
  • Hegseth's announcements reinforce the importance of the Canal for American security interests.
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U.S. vows to reclaim control over Panama Canal from Chinese influence
politics 2025-04-09 22:06
U.S. vows to reclaim control over Panama Canal from Chinese influence
  • During a recent visit to Panama, U.S. Secretary of Defense Pete Hegseth highlighted concerns about Chinese influence over the Panama Canal.
  • The canal, crucial for U.S. trade, is currently affected by a pending sale of port operations from CK Hutchison to BlackRock.
  • Hegseth reaffirmed the U.S. commitment to collaborate with Panama to ensure the canal's security and integrity against potential threats.
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Panama files criminal complaint against canal port owner for breach of contract
politics 2025-04-09 15:55
Panama files criminal complaint against canal port owner for breach of contract
  • Comptroller General Anel Flores announced a criminal complaint against Panama Ports Company for breach of contract.
  • An audit revealed over $300 million in losses to the Panamanian state due to irregularities in the company's operations.
  • The complaint is part of ongoing scrutiny over foreign investments in Panama, particularly amid rising geopolitical tensions.
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U.S. warns of alarming Chinese military presence in the Western Hemisphere
politics 2025-04-09 14:55
U.S. warns of alarming Chinese military presence in the Western Hemisphere
  • U.S. Secretary of Defense Pete Hegseth emphasized China's significant military presence in the Western Hemisphere during a security conference.
  • He pointed out the control of strategic infrastructure by China-based companies, framing it as a military and economic threat to the region.
  • Hegseth called for regional cooperation among governments to deter Chinese influence and address broader security threats.
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Panama's comptroller accuses CK Hutchison of serious financial irregularities
business 2025-04-08 16:44
Panama's comptroller accuses CK Hutchison of serious financial irregularities
  • An audit by Panama's comptroller authority revealed financial irregularities in the concession for Canal ports.
  • CK Hutchison owes around $300 million after failing to meet financial obligations during their contract.
  • The reported issues could complicate the sale of port control to BlackRock and impact U.S.-Panama relations.
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Hegseth heads to Panama to discuss canal control with local leaders
politics 2025-04-07 11:35
Hegseth heads to Panama to discuss canal control with local leaders
  • Defense Secretary Pete Hegseth is visiting Panama for two days to meet with local leaders and U.S. troops.
  • The visit coincides with the 2025 Central American Security Conference, which focuses on regional defense and cybersecurity.
  • Hegseth's discussions highlight ongoing U.S. efforts to strengthen partnerships and address concerns regarding China's influence over the Panama Canal.
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China challenges BlackRock's takeover of Panama Canal ports amid political tensions
politics 2025-03-21 00:00
China challenges BlackRock's takeover of Panama Canal ports amid political tensions
  • BlackRock plans to acquire two major ports on the Panama Canal from CK Hutchison in a $23 billion deal.
  • Chinese and Hong Kong authorities are expressing significant concerns and investigating the potential implications of the transaction.
  • The situation highlights growing tensions between the U.S. and China over control and influence in critical maritime trade routes.
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Rubio warns Panama about U.S. action over Chinese influence on canal
politics 2025-02-06 11:18
Rubio warns Panama about U.S. action over Chinese influence on canal
  • Marco Rubio emphasized the need for immediate action from Panama to reduce Chinese influence over the canal during a meeting with President José Raúl Mulino.
  • The U.S. alleges that China's involvement in the area violates the 1999 treaty that established the canal's permanent neutrality.
  • If Panama does not act, the U.S. may take measures to protect its rights under the treaty.
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Donald Trump blasts Jimmy Carter for Panama Canal diplomacy
politics 2025-01-11 07:03
Donald Trump blasts Jimmy Carter for Panama Canal diplomacy
  • Donald Trump, the president-elect, indicated willingness to use military force for Greenland and the Panama Canal.
  • Foreign Secretary David Lammy refrained from condemning Trump's rhetoric, citing the importance of national security concerns.
  • International responses highlight the complexity of U.S. foreign policy and regional dynamics regarding these strategic areas.
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Trump threatens military action to seize Greenland and Panama Canal
politics 2025-01-11 00:00
Trump threatens military action to seize Greenland and Panama Canal
  • Trump declared U.S. control over both Greenland and the Panama Canal as essential for national security.
  • European leaders and Denmark's Prime Minister emphasized the importance of respecting state sovereignty amid Trump's aggressive rhetoric.
  • The ongoing tension could reshape international relations, especially between the U.S. and NATO allies.
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Some Republicans regret the 1978 treaties that gave away control of the Panama Canal
politics 2025-01-10 05:00
Some Republicans regret the 1978 treaties that gave away control of the Panama Canal
  • House Republicans introduced a bill enabling Trump to negotiate the reacquisition of the Panama Canal due to concerns over Chinese influence.
  • The bill is backed by 15 other Republican representatives and requires Trump to report on the negotiations to Congress.
  • Johnson argues that owning the canal is vital for America's strength abroad and could bring economic benefits.
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Trump claims victory on groceries in his second term
politics 2024-12-29 13:04
Trump claims victory on groceries in his second term
  • The electoral win of Donald Trump has led to a change in public sentiment regarding political stability.
  • Trump plans to focus on deregulation, tax cuts, and trade reforms to invigorate the American economy.
  • His approach suggests a strategy for economic growth amid concerns about federal spending and historical trade issues.
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Trump demands US ownership of Panama Canal after claiming it was foolishly given away
politics 2024-12-27 00:14
Trump demands US ownership of Panama Canal after claiming it was foolishly given away
  • Donald Trump publicly criticized Panama's fees on ships passing through the canal, labeling them as excessive and unfair.
  • He mentioned China's growing influence over the canal as a concern for U.S. national security and commerce.
  • Trump threatened to demand control of the canal back from Panama if the issue of high fees persists.
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Panama asserts ownership of the Canal amid Trump's threats
politics 2024-12-25 15:30
Panama asserts ownership of the Canal amid Trump's threats
  • Donald Trump criticized the fees charged by Panama for usage of the Panama Canal, calling them unfair.
  • Panama's President José Raúl Mulino reaffirmed the nation's ownership over the canal and rejected Trump's claims.
  • The incident reflects ongoing U.S.-Latin America tensions, highlighting concerns over sovereignty and economic fairness.
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Panama Canal Plans to Save Water Amid Drought
environment, politics 2024-08-14 00:00
Panama Canal Plans to Save Water Amid Drought
  • The Panama Canal is implementing measures to save water amid a drought.
  • The overseers are eager to expand water storage due to the impact of climate change.
  • Climate change is forcing the Panama Canal to take action to ensure smooth shipping operations.
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Court ruling may allow new reservoir construction for Panama Canal, but 6-year timeline projected
environment 2024-07-09 01:02
Court ruling may allow new reservoir construction for Panama Canal, but 6-year timeline projected
  • A court ruling is considering the construction of a new reservoir for the water-starved Panama Canal.
  • If permitted, the project could take around six years to complete.
  • The new reservoir aims to address the ongoing water scarcity issues faced by the Panama Canal.
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New study attributes low rainfall at Panama Canal to El Nino, not climate change
environment 2024-05-01 07:18
New study attributes low rainfall at Panama Canal to El Nino, not climate change
  • A recent study unveiled that El Nino, not climate change, was the primary cause of low rainfall disrupting the Panama Canal.
  • Scientists noted a doubled likelihood of low precipitation at Panama Canal during the last year's rainy season due to natural warming of the central Pacific associated with El Nino.
  • The study emphasizes the impact of El Nino on water management issues at the Panama Canal, leading to shipping restrictions.
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Historic Moments in Panama Canal History
international affairs 2018-05-04 18:32
Historic Moments in Panama Canal History
  • Thirteen years of negotiations culminated in the signing of the Panama Canal treaty.
  • President-elect Taft embarked on a journey to Panama to oversee construction.
  • Construction of the Panama Canal began on May 4, 1904.
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