Courtesy of The New York Times, commentary on what one observer feels is President Trump’s dangerous obsession with the Panama Canal: There’s a country in Latin America that’s not even as big as South Carolina, but on which the United States’ economy and national security depend: Panama. Every year, 40 percent of all U.S. container traffic, valued […]
Read more »Via World Politics Review, a report on how China is pushing back against the U.S. in Panama and Latin America: This week, a consortium of U.S. companies led by Blackrock was supposed to complete the purchase of two ports in Panama from CK Hutchison, a Chinese firm based in Hong Kong. U.S. President Donald Trump […]
Read more »Via The Diplomat, commentary on how the Chinese government frequently demands that businesses prove their political loyalty – even at the cost of their own financial interests: Hong Kong billionaire Li Ka-shing is squarely in the middle of the latest geopolitical conflict thanks to his port assets in Panama. Following threats made by U.S. President […]
Read more »Via The Economist, an article on why China hates the Panama Canal deal, but still may not block it: “We didn’t give it to China. We gave it to Panama, and we’re taking it back.” Thus spoke Donald Trump shortly after BlackRock, an American investment firm, announced on March 4th that it would buy two ports […]
Read more »Courtesy of the New York Times, a report that an investor group led by BlackRock will acquire two ports near the Panama Canal that are owned by CK Hutchison and have been the subject of a dispute between President Trump and Panama: President Trump had been hammering Panama for weeks over its most valuable asset, […]
Read more »Via The Economist, commentary on how China and America’s struggle over the Panama Canal symbolizes the greater Sino-American struggle for influence: Panama responded quickly to Donald Trump’s rhetoric about Chinese influence in the Panama Canal. On February 2nd it said it would not renew participation in the Belt and Road Initiative (bri), China’s global-development scheme, and it […]
Read more »