BlackRock Agrees to Buy Panama Canal Ports as Trump Continues Threats
BlackRock, America’s largest asset manager which handles over $11 trillion in assets, has agreed to purchase two ports on either end of the Panama Canal. BlackRock is buying the ports from Hong Kong-based CK Hutchison in a deal worth about $22.8 billion.
Trump threatened to take back the canal because of what he called Chinese influence. CK Hutchison, a Hong Kong company, is ...
A cargo ship sails through the Panama Canal, in Panama City, June 13, 2024. (AP Photo/Matias Delacroix, File) U.S. Secretary ...
The Panama Canal's water levels have been dwindling, and this shift will have significant economic consequences for the ...
Donald Trump's consistent pressure around the Panama Canal has finally yielded some results as a Hong Kong conglomerate has ...
"The Russian economy does not need the [Panama] Canal at all, it is not important for us - even a tenth of a percent of our turnover does not pass through it, except for some volumes of bananas, and ...
Gatestone Institute senior fellow Gordon Chang analyzes the 'unhinged' comments from the Chinese Communist Party, their ...
HONG KONG (Reuters) - Shares of CK Hutchison were set to open up 2.9% in Hong Kong on Thursday, extending the previous day's ...
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