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"Panama Seeks US Rejection Over Canal Sale Deal, Calls Chinese Influence Quest...

Politics Created 1 week ago 6 Reads

In 1999, the United States ceded control of the Panama Canal to Panama under an agreement signed by President Jimmy Carter. However, in 2025, the Chinese conglomerate CK Hutchison proposed selling their stake in the canal's operations to a US-based consortium, leading to tensions and accusations of interference from both sides.

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BlackRock Announces Deal to Acquire Key Panama Canal Ports, Addressing US-China Tensions Amid Rising Trade Friction

Business Created 1 week ago 6 Reads

In 1999, President Bill Clinton signed the Panama Canal Treaty with Panama, transferring sovereignty of the canal to the Panamanian government. However, the U.S. still maintains significant control ov...

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