Tag - panama-canal

 
 

PANAMA CANAL

Hong Kong billionaire Li Ka-shing's CK Hutchison has entered into a deal with a BlackRock-led consortium to sell ports in Panama and elsewhere, putting his conglomerate’s flagship entity in the crosshairs of U.S.-China tensions.
BUSINESS / Companies
Mar 27, 2025
China pauses new deals with Li Ka-Shing family after Panama ports plan
The directive was issued to state-owned enterprises last week at the behest of senior Chinese officials.
U.S. President Donald Trump meets with Russian President Vladimir Putin in Helsinki in July 2018.
WORLD / Politics
Mar 14, 2025
Americans worry Trump is too closely aligned with Russia, poll finds
The two-day poll also found little appetite among Americans for Trump's expansionist agenda.
Balboa Port, operated by Panama Ports Company, at the Panama Canal. Conglomerate CK Hutchison, controlled by Hong Kong billionaire Li Ka-shing, has agreed to sell its ports network, including assets along the Panama Canal, to a U.S. consortium led by BlackRock.
ASIA PACIFIC / Politics / ANALYSIS
Mar 7, 2025
As Trump hails taking back of Panama Canal, Hong Kong Inc. walks tightrope
Firms in the former British colony are increasingly under pressure to shake off any connection with China amid tensions between Beijing and Washington.
A ship sails through the Panama Canal after Hong Kong's CK Hutchison agreed to sell its interests in a key Panama Canal port operator to a BlackRock-backed consortium on Tuesday.
BUSINESS / Companies
Mar 5, 2025
BlackRock to buy Hong Kong firm's Panama Canal port stake amid pressure
The $22.8 billion deal, coming amid pressure from the White House, will give the BlackRock-backed group control of ports along the strategic waterway and dozens of others.
A ship transits through the Gatun locks at the Panama Canal in Colon, Panama, on Saturday.
WORLD / Politics
Feb 5, 2025
Panama considers canceling port deal with Hong Kong firm
Such a move would mark a concession to U.S. President Donald Trump, who says China has too much control over the Panama Canal.
U.S. Secretary of State Marco Rubio addresses employees and families during a meet-and-greet at the United States Embassy in Panama City, on Sunday.
WORLD / Politics
Feb 3, 2025
Rubio tells Panama to end China's influence of canal or face U.S. action
Panama's President Jose Raul Mulino signaled he would review agreements involving China and Chinese businesses.
Institutional security officers stand during a ceremony to celebrate the 25th anniversary of the United States ceding control of the Panama Canal to the government of Panama in 1999, in Panama City on Dec. 31, 2024.
WORLD / Politics / ANALYSIS
Feb 1, 2025
Why the U.S. is claiming China’s presence violates the Panama neutrality treaty
U.S. President Donald Trump vowed to take back the waterway during his Jan. 20 inauguration speech, falsely claiming that China is operating it.
U.S. Secretary of State Marco Rubio has already indicated that the State Department will be instrumental in helping U.S. President Donald Trump achieve his policy to "curb mass migration."
WORLD / Politics
Jan 31, 2025
Rubio to take up Panama canal and migration in Latam visit
The new U.S. secretary of state will find a region reeling from the Trump administration's shock-and-awe approach to diplomacy.
The flags of Panama and China are seen during a meeting held with Chinese and Panamanian companies to sign several trade agreements, in Panama City, Panama, on Aug. 26, 2024.
WORLD / Politics
Jan 28, 2025
U.S. has options to address Chinese influence in Panama, U.S. official says
Trump has previously refused to rule out the possible use of military force, drawing criticism from Washington's Latin American friends and foes alike.
U.S. President Donald Trump signs executive orders in the Oval Office.
WORLD / Politics
Jan 21, 2025
Trump seizes control: his executive actions, from tariffs to immigration
Actions so far include pardoning nearly all charged over the 2021 Capitol riot, rescinding 78 orders by the previous administration, and again exiting the Paris Agreement.
Then President-elect Donald Trump enters the stage of his inauguration as the 47th president of the United States inside the Capitol Rotunda of the U.S. Capitol building in Washington on Monday.
WORLD / Politics
Jan 21, 2025
Trump faces stiff challenges delivering on his promised 'Golden Age'
Many of Donald Trump's proposals are so norm-shattering, they are certain to result in extensive litigation that tests the boundaries of constitutional law.
U.S. President-elect Donald Trump gestures as he makes remarks at Mar-a-Lago in Palm Beach, Florida, on Tuesday.
WORLD / Politics
Jan 8, 2025
Trump will not rule out force to take Panama Canal and Greenland
Donald Trump, who takes office on Jan. 20, also floated the idea of turning Canada into a U.S. state.
People demonstrate against U.S. President-elect Donald Trump in Panama City on Tuesday as the country marks the 25th anniversary of the United States' handover of the interoceanic Panama Canal.
COMMENTARY / World
Jan 2, 2025
MAGA goes to Panama
The Panama Canal was an American idea and the U.S. has had difficulty letting go of it ever since.
Former U.S. President Jimmy Carter (center) waves after meeting with authorities in Port-au-Prince about the upcoming elections in Haiti in 1990.
WORLD / Politics
Dec 30, 2024
'Democracy and freedom': Jimmy Carter's human rights work in Latin America
Former U.S. President Jimmy Carter defied the furor of U.S. conservatives to negotiate the handover of the Panama Canal to Panamanian control.
Singapore's Maersk Taurus container ship transits the expanded canal through Cocoli Locks at the Panama Canal, on the outskirts of Panama City, Panama on Aug. 12.
WORLD / Politics
Dec 24, 2024
Trump previews combative foreign policy with threats to Panama and Greenland
Defenders of Donald Trump's approach say he is merely a forceful advocate of "America First" policies.
The container ship MSC Marie can be seen transiting through the Panama Canal in this handout picture released by the Panama Canal Authority on Aug. 30.
WORLD / Politics
Dec 23, 2024
Trump threatens that U.S. could retake control of Panama Canal
Donald Trump's comments were an exceedingly rare example of a U.S. leader saying he could push a sovereign country to hand over territory.
A container ship transits the expanded canal through Cocoli Locks at the Panama Canal, on the outskirts of Panama City last August.
BUSINESS
Dec 22, 2024
Trump demands Panama lower transit fees or return canal
The U.S. completed the 82-kilometer canal through the Central American isthmus in 1914, but ceded it back to Panama in 1999.
The Panama Canal is Panama’s biggest source of revenue, bringing in nearly $5 billion last year.
BUSINESS
Aug 28, 2024
Panama Canal eases limits that caused global shipping bottleneck
Last year’s El Nino caused a significant drop in rainfall and forced the canal to implement daily transit restrictions.
The Monrovia NSU Challenger bulk carrier transits the expanded canal through the Cocoli Locks of the Panama Canal in April 2023.
ENVIRONMENT / Sustainability
Mar 22, 2024
'We all need water': Panama's canal, and people, thirst for more
A severe drought last year caused water levels in Gatun Lake, which provides drinking water and is the main reservoir for the canal, to fall.
Cargo ships wait in the anchor zone to cross the Panama Canal from the Pacific entrance near Panama City, Panama, on Sept. 1, 2023. Ships have been waiting for days as the congestion to cross from both sides increase due to intense droughts in the country.
WORLD / Society
Jan 3, 2024
Saving the Panama Canal will take years and cost billions, if it’s even possible
Climate change-induced drought is limiting the number of ships on the waterway, which handles about 46% of containers moving from Northeast Asia to the U.S. East Coast.

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