News

Panama, BlackRock and Suez Canal

Digest more
Panama Casts Doubt on BlackRock Canal Ports Deal Touted by Trump
The country’s top auditor said CK Hutchison owes the government $300 million, posing a hurdle to a plan touted by Trump to bring the ports under U.S. control.
BlackRock’s Panama port deal in jeopardy over process ‘breaches’
A deal to transfer control over major Panama ports from China-tied CK Hutchison to American firm BlackRock hit roadblocks after Panama’s top auditor accused the Hong Kong business of wrongdoings and owing hundreds of millions of dollars in unpaid fees.
China delays $23B sale of Panama Canal ports to US-backed consortium led by BlackRock
The transaction has drawn fierce criticism from influential Chinese political offices, including the mainland’s Liaison Office.

Hegseth says U.S. partnering with Panama

Digest more
Another Way the Panama Canal Figures Into U.S.-China Fight
The Panama Canal has been a focal point of President Trump's broadside against China since his inaugural speech, and it's getting new focus as Beijing looks at alternatives to trading with the U.S. De
Panama Should Secure Canal With US Not China, Hegseth Says
U.S. Defense Secretary Peter Hegseth said on Wednesday he sees the Panama Canal as key terrain that Panama should secure together with the United States and not with China, adding it was important to protect it from "malign" influence.
'We're taking back the canal': Hegseth says U.S. partnering with Panama
Defense Secretary Pete Hegseth says the U.S. is partnering with Panama to secure the Panama Canal. Also, FBI Director Kash Patel was removed as Acting ATF Director. Independent Veterans of America founder and CEO and Iraq veteran Paul Rieckhoff joins Christina Ruffini to weigh in.
Why BlackRock boss Larry Fink believes he will win over control of the Panama Canal
Larry Fink is playing the long game. With a little time, a possible nudge from President Trump and some on-the-ground ...
US-China rivalry over Panama Canal sparks tensions, leaving Panama caught in war of words
Panama promotes itself “as the bridge of the world, heart of the universe” but lately the narrow Central American Isthmus and ...
US to 'take back' Panama Canal from Chinese influence, visiting Pentagon chief says
The United States will "take back" the Panama Canal from Chinese influence, U.S. Defense Secretary Pete Hegseth said on ...
BlackRock's Fink says CEOs tell him they think US economy is in a recession
BlackRock CEO Larry Fink said the stock market drop could continue amid trade war and recession concerns, but that it would ...
Hegseth spurs fiery response from Beijing over Panama Canal ‘threat’ comments
US Defense Secretary Pete Hegseth said Tuesday the Panama Canal faces ongoing threats from China but that together the United ...
Hong Kong company denies that it failed to pay Panama under a contract to operate its canal ports
A subsidiary of a Hong Kong conglomerate, which is embroiled in U.S.-China tensions over its Panama Canal port assets has ...
Explore more
OilPrice.com1d
U.S. Defense Secretary Vows to “Take Back” Panama Canal
U.S. Secretary of Defense Pete Hegseth has stated that the U.S. will "take back" the Panama Canal from "China's influence," ...
Panama's comptroller office to sue over renewal of CK Hutchison contract
Panama's Comptroller General office will file a lawsuit against the officials who authorized the renewal of a 25-year port ...