President Donald Trump has called for the US to retake control of the Panama Canal unless the cost of passage for naval and merchant ships is slashed. Trump’s refusal to rule out the use of force is a throwback to the 19th century era of gunboat diplomacy.
Often called one of the seven modern wonders of the world, the Panama Canal splits the continents of North and South America and launched a new era in global commerce when it opened in 1914.
Panama's President José Raúl Mulino is trying to stem the flow of migrants crossing the treacherous Darien Gap, a 70-mile stretch of jungle near the Panama-Colombia border.
Donald Trump’s threats to take back the Panama Canal have been met with laughter and mockery by Panamanians, who view him as a buffoon, while also taking his threats seriously due to
Donald Trump’s expansionist rhetoric poses a direct threat to the maritime corridor that serves as the Central American nation’s primary source of income
Doubling down on his pre-inauguration threat to reimpose U.S. control over the canal, Trump, in his inauguration speech Monday, again accused Panama of breaking the promises it made for the final transfer of the strategic waterway in 1999 and of ceding its operation to China — claims that Panama has vehemently denied.
Scotiabank has finalized an agreement to transfer its banking operations in Colombia, Costa Rica, and Panama to Colombian bank Davivienda.
THE Bank of Nova Scotia (Scotiabank) has announced plans to exit its operations in Colombia, Costa Rica, and Panama, transferring these businesses to Banco Davivienda S.A. As part of the agreement, Scotiabank will acquire a 20 per cent stake in the Colombian bank.
Built and managed by the USA for several years and transferred back to Panama in 1999, the Panama Canal has recently hit the headlines. Why did the USA gain and relinquish the Panama Canal’s control?
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Jim Shaw recalls covering the the U.S. Senate when it debated control of the Panama Canal during the Carter administration.