The recent agreement between Hong Kong's CK Hutchison Holdings and U.S.-based BlackRock Inc. to transfer ownership of strategic ports at both ends of the...
The Pentagon has been directed to develop military strategies to ensure U.S. access to the Panama Canal, following President Donald Trump's assertions to "take back" control of this critical waterway.
Former President Donald Trump reportedly directed the U.S. military to develop plans for increasing the American troop presence in the Panama Canal, according to NBC News. U.S. Southern Command is said to be evaluating multiple options, including diplomatic cooperation with Panama and potential direct action to regain control of the critical shipping lane.
A consortium led by BlackRock Inc. has agreed to purchase a 90% stake in Panama Ports Company from Hong Kong-based CK Hutchison Holdings for $22.8 billion
On Sunday, February 2, 2025, Panama announced it will terminate a significant development agreement with China after discussions with U.S. Secretary of State Marco Rubio. This decision comes amid U.S. concerns over China's growing influence in the Panama Canal region.
