Courtesy of the Washington Post, editorial commentary on how a dry Panama Canal demonstrates how climate change will scramble globalization: Global shipping companies excited by the potential new routes that climate change and melting ice are opening up around the North Pole have gotten walloped by some unexpected bad news. The Panama Canal might be […]
Read more »Courtesy of The Economist, a look at how the dwindling of the Panama Canal boosts rival trade routes: It has been an unhappy new year in the world’s busiest shipping lanes. Houthi rebels began attacking vessels passing into the Red Sea through the Bab al-Mandab Strait in early December. Trade volumes through the Suez Canal […]
Read more »Courtesy of Bloomberg, an article on how a combination of climate change and infrastructure is to blame for critical shipping delays at the Panama Canal: The vestiges of an ancient forest tell the story of just how bad things are at the drought-stricken Panama Canal. A few hundred feet from the massive ships hauling goods across […]
Read more »Courtesy of Latinometrics, a look at Latin American’s significant investment in Chinese solar panels: In the last six years, Latin America has imported $26B — or almost twice the GDP of Nicaragua — worth of solar panels from China, the world’s leader in producing and selling them.
Read more »Via Geopolitical Futures, a look at how Panama is looking for solutions beyond its traditional economic engine: Throughout 2023, the Panama Canal Authority has introduced various restrictions on the size and frequency of vessels transiting the canal amid an extended period of low water levels. Just last week, authorities reduced the daily number of available […]
Read more »Courtesy of The Wall Street Journal, a look at how more than 200 vessels are stuck on either side of the waterway as a serious drought cuts crossings: A flotilla of ships are stuck on both sides of the Panama Canal, waiting for weeks to cross after the waterway’s authorities cut transits to conserve water […]
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