Rubio said that the US would be obligated to protect the Panama Canal if it came under attack, adding that he found it “absurd that we would have to pay fees to transit a zone that we are ...

An investment group led by asset manager BlackRock has announced a deal to acquire two ports on either end of the Panama Canal for a total $23 billion, according to The New York Times. Hong Kong-based ...

A cargo ship sails through the Panama Canal, in Panama City, June 13, 2024. (AP Photo/Matias Delacroix, File) U.S. Secretary ...

BlackRock will purchase the ports of Cristobal and Balboa on the Atlantic and Pacific ends of the Panama Canal after President Trump raised concerns about Chinese influence.

The $23 billion deal, announced by Hong Kong-based CK Hutchison Holdings, transfers control of the Balboa and Cristobal ports to a consortium led by BlackRock, Global Infrastructure Partners, and ...

BlackRock, its recently acquired Global Infrastructure Partners, and Terminal Investment Limited are purchasing a 90% stake in CK Hutchinson's Panama Ports Company, which owns and operates the Balboa ...

President Donald Trump has made repeated claims that China “operates” the Panama Canal ... Ocean end and Balboa at the Pacific Ocean end, image They sit at either end of the canal and have ...

Panama maintains that it has full control over the canal and that the Hong Kong-based group’s operation of the ports did not amount to Chinese control over the waterway, and that therefore the ...

Since returning to office, President Trump has made repeated claims that China operates the Panama Canal and threatened ... or four times there in the canal zone what they were making in the ...

Those folks, unfortunately a lot of them died in Panama. PAUL SOLMAN: The U.S., by treaty, did own the canal, though, and the 10-mile zone next to it. Why give them away? ANDREW THOMAS ...