PANAMA CITY (AP) — Panama President Jose Raul Mulino has accused U.S. President Donald Trump of lying when he said in his address to Congress that his administration was “reclaiming” the Panama Canal. Trump was referencing a deal announced Tuesday for a …
A consortium led by American asset management giant BlackRock and Switzerland-based Terminal Investment Limited (TiL) have revealed intentions to buy the majority of port holdings belonging to Hong Kong-based CK Hutchison in a deal estimated at $22.8 …
President Trump has threatened to “take back” the Panama Canal, saying Panama is violating a decades-old treaty that ceded U.S. control of the waterway. WSJ breaks down his strategy and the risks that come with it.
The United States is one step closer to reclaiming a strategic foothold in the Panama Canal as a BlackRock-led consortium strikes a £17.92 billion ($23 billion) deal to acquire key port operations from Chinese-owned CK Hutchison. The deal, which President …
HONG KONG – Hong Kong's edge as a financial hub will erode further as the city becomes embroiled in China-U.S. tensions, with the flash sale of a Hong Kong-owned global ports business highlighting geopolitical volatility, executives and analysts said. …
PANAMA CITY, March 6 (Xinhua) -- Panamanian President Jose Raul Mulino said Thursday that the Panama Canal "is and will always be Panamanian," following U.S. President Donald Trump's claims of wanting to retake possession of the waterway. In …
A consortium led by BlackRock has bought two ports on either side of the Panama Canal just a few weeks after President Trump threatened to use force to restore U.S. control over the energy chokepoint. The deal was worth $22.8 billion and also involved a …
News in the past days have hailed BlackRock, an American multinational investment company, as the new owner of the Panama Canal, with multiple articles and TikToks claiming BlackRock has bought the waterway. But did BlackRock buy the Panama Canal? What …
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