Trump hails ‘reclaiming’ of Panama Canal after BlackRock-led group’s deal to buy stake
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After Trump threats, Hong Kong firm to sell stake in Panama Canal ports
US firm agrees to buy Panama Canal ports at center of Trump fury
American asset management giant BlackRock has agreed to buy two ports at either end of the Panama Canal from a Hong Kong-based firm whose ownership had angered President Donald Trump.
Panama President José Raúl Mulino has accused U.S. President Donald Trump of lying when Trump said in his address to Congress the night before that his administration was “reclaiming” the Panama Canal.
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INTERNATIONAL VIEW - Trump’s threats to take over the Panama Canal anger many in the countryRight?» For decades, the canal and the Canal Zone belonged to the U.S. This was made possible by a barter deal: The U.S. supported Panama's bid for independence from Colombia and in return secured the Canal Zone – a strip of land 16 kilometers wide and ...
The Panama Canal, an engineering wonder and the lifeblood of global maritime commerce, draws in thousands of tourists annually. However, despite its undeniable historical and economic allure, canal zone tours frequently fall short of expectations.
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