Fox Nation's "Showdown at the Panama Canal" explores the history of the vital strategic waterway and the current high-stakes battle to reclaim control.
More than 2,000 people could be displaced by the construction of the Río Indio dam. The Panama Canal Authority says the dam solves a long-term water shortage problem.
Frequent droughts have pushed authorities to pursue a controversial plan to dam a river to save the waterway — an act that would flood the homes of thousands of people.
«The Panama Canal is our open door to the world. It brings us tourists and is the most beautiful thing we have,» says Ibethe Escobar, 28, as she looks proudly at the canal, which is just a few meters away from her ice cream stand. Locomotives are pulling ...
Prior to the origination of the plans for the Panama Canal vessels of trade had few options of getting goods from Europe and Asia to N. America.
Since returning to office, President Trump has made repeated claims that China operates the Panama Canal and threatened to take it back from the Panama Canal Authority, which has controlled it since 1999.
The Trump administration threatening partners in the Americas may prove to be short-term tactical approach but it will not prove to be a viable long-term strategy for engaging economically with the region.
The comments followed a dustup the day before when the U.S. embassy in Panama said one of the agenda items for Adm. Alvin Holsey’s visit would be discussing “efforts to protect the canal area from Chinese Communist Party influence & control.”
Data from Project44 suggests that transit times appear to reflect the efficiency of individual ocean carriers rather than any form of favoritism.