Panama is making waves in the shipping world. The country's president, Jose Raul Mulino, has hinted that Panama might take over two major ports near the Panama Canal. This move could disrupt a huge $20 billion deal involving BlackRock and Mediterranean Shipping Company (MSC). The ports in question,
Panama is taking a stand against what it sees as a raw deal. The country's top financial watchdog has declared that criminal charges will be filed. This move targets both local government figures and executives from CK Hutchison Holdings, a major player in the port business. The issue? A contract th
Panama's relationship with China and the United States is heating up. In a sudden turn of events, Panama has decided not to renew a major infrastructure deal with China, citing pressure from the United States to reduce Chinese influence over the Panama Canal, a critical pathway for global trade. C
Panama is taking a big step back from China's global investment plan. The country decided not to renew a 2017 deal with China's "Belt and Road Initiative. " This decision came after Panama President José Raúl Mulino met with US Secretary of State Marco Rubio. In 2013, China began this initiative to
Ports of Indiana just opened a brand new $6 million dock, calling it a 'landmark event' that will bring in tons of new business. Sounds great, right? But before we all celebrate, let's dig a little deeper. The CEO, Jody Peacock, paints a rosy picture: new cargo, new investments, Indiana businesses
