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Tag: PANAMA CANAL

economics

$22 Billion Panama Canal Deal Following Trump’s Controversial Remarks

March 9, 2025March 9, 2025 - by Sofia Nawab - Leave a Comment

A $22 billion deal involving Panama Canal ports is underway, initiated by President Trump’s declaration regarding US control over the canal. CK Hutchison, a Hong Kong firm, is selling its …

$22 Billion Panama Canal Deal Following Trump’s Controversial Remarks Read More
Global news

Global Attention on Greenland Elections Amid Independence Aspirations

March 9, 2025March 9, 2025 - by Liam Nguyen - Leave a Comment

The upcoming Greenland elections, set for March 11, are significant due to the potential for increased independence from Denmark amidst U.S. interest. President Trump has continually expressed desires for Greenland’s …

Global Attention on Greenland Elections Amid Independence Aspirations Read More
Global news

Global News Roundup: Gaza Truce Expires, PKK Ceasefire Declared, BlackRock Ventures into Panama Canal

March 7, 2025March 7, 2025 - by Liam Nguyen - Leave a Comment

This article provides a summary of key global events discussed in the latest episode of American Prestige, including the expiration of the Gaza truce, the PKK’s ceasefire declaration in Turkey, …

Global News Roundup: Gaza Truce Expires, PKK Ceasefire Declared, BlackRock Ventures into Panama Canal Read More
economics / Global news

Former Ambassador Discusses Panama’s Sovereignty and U.S. Tariff Policy

March 6, 2025March 6, 2025 - by Liam Nguyen - Leave a Comment

Former Ambassador Edward O’Donnell addressed a sold-out audience on Panama and tariffs, discussing geopolitical tensions, foreign policy approaches, and the Panama Canal’s history. The event highlighted the impact of tariffs …

Former Ambassador Discusses Panama’s Sovereignty and U.S. Tariff Policy Read More
Business

BlackRock’s $23 Billion Strategic Acquisition of Global Ports Including Panama Canal

March 6, 2025March 6, 2025 - by Marcus Chen - Leave a Comment

BlackRock has negotiated a $23 billion deal to acquire over 40 ports, including key ports at the Panama Canal, with support from MSC and TIL Group. The consortium will maintain …

BlackRock’s $23 Billion Strategic Acquisition of Global Ports Including Panama Canal Read More
Business / economics

Trump Reiterates Control Goals Over Panama Canal Following Major Port Deal

March 6, 2025March 6, 2025 - by Liam Nguyen - Leave a Comment

President Trump aims to take control of the Panama Canal following a US$22.8 billion deal between BlackRock, MSC, and CK Hutchison. The transaction involves acquiring a significant stake in Panama …

Trump Reiterates Control Goals Over Panama Canal Following Major Port Deal Read More
Business / economics

Hong Kong’s Financial Hub Status Under Threat Amid U.S.-China Tensions

March 6, 2025March 6, 2025 - by Liam Nguyen - Leave a Comment

Tensions between the U.S. and China threaten Hong Kong’s financial hub status, as evidenced by CK Hutchison’s sale of port assets to BlackRock. The region faces challenges in maintaining its …

Hong Kong’s Financial Hub Status Under Threat Amid U.S.-China Tensions Read More
Technology

BlackRock Acquires Key Panama Canal Ports Amid Trump Concerns

March 6, 2025March 6, 2025 - by Sofia Nawab - Leave a Comment

BlackRock has agreed to purchase two ports at the Panama Canal for $22.8 billion from CK Hutchison. This deal responds to President Trump’s concerns over Chinese control of canal operations. …

BlackRock Acquires Key Panama Canal Ports Amid Trump Concerns Read More
Business

Trump Celebrates U.S. Control of Panama Canal Ports in BlackRock-Lead Deal

March 5, 2025March 5, 2025 - by Marcus Chen - Leave a Comment

President Trump announced a deal led by BlackRock to acquire Panama Canal ports, enhancing U.S. control and removing Chinese ownership. The acquisition involves CK Hutchison’s substantial port operations, resulting in …

Trump Celebrates U.S. Control of Panama Canal Ports in BlackRock-Lead Deal Read More
economics

BlackRock and Consortium Acquire Panama Canal Ports Amid U.S.-China Tensions

March 4, 2025March 4, 2025 - by Allegra Nguyen - Leave a Comment

BlackRock is acquiring a 90% interest in Panama Ports Co. from CK Hutchison Holdings, amidst U.S. concerns regarding Chinese influence over the Panama Canal. Senator Ted Cruz raised alarms about …

BlackRock and Consortium Acquire Panama Canal Ports Amid U.S.-China Tensions Read More

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