Panama Canal is not for sale, Panama's president says. What ... - CBS News
2 days ago · The Panama Canal has been owned and operated by the Panama Canal Authority, a government-owned agency, since 1999. The agency was established shortly before the canal was returned to Panama.
Panama's president calls Trump's Chinese canal claim 'nonsense'
The US maintained control over the canal zone until 1977, when treaties gradually ceded the land back to Panama. After a period of joint control, Panama took sole control in 1999.
Trump Wants U.S. Control of the Panama Canal. Here Are 3 …
2 days ago · While it is unclear what prompted Mr. Trump’s recent obsession with the Panama Canal, some Republicans have long objected to turning it over to Panamanian control. When Ronald Reagan ran for ...
Trump threatens to try to take back the Panama Canal | AP News
6 days ago · PHOENIX (AP) — Donald Trump suggested Sunday that his new administration could try to regain control of the Panama Canal that the United States “foolishly” ceded to its Central American ally, contending that shippers are charged “ridiculous” fees to pass through the vital transportation channel linking the Atlantic and Pacific Oceans. Panama’s conservative …
Panama’s president and Trump spar over Panama Canal
6 days ago · In a video posted to social media, Panamanian President José Raúl Mulino, who was elected earlier this year on a pledge to bring his country closer to the United States, rejected Trump’s...
The Canal is off the table: Latin America closes ranks with Panama …
2 days ago · “Every square meter of the Panama Canal and its adjacent zone belongs to Panama and will continue to do so,” Mulino said, days before the 25th anniversary of the complete handover of the infrastructure to Panama City agreed upon in 1977 with the signing of the Torrijos-Carter Treaties, referring to former U.S. president Jimmy Carter and ...
Explainer: What is the Panama Canal and why has Trump …
5 days ago · Latin American leaders on Monday rallied to Panama's defense after U.S. President-elect Donald Trump threatened to reimpose U.S. control over the Panama Canal, a key global shipping route located ...
Panama Canal traffic cut by more than a third because of drought
Jan 19, 2024 · PANAMA CITY (AP) — A severe drought that began last year has forced authorities to slash ship crossings by 36% in the Panama Canal, one of the world’s most important trade routes. The new cuts announced Wednesday by authorities in Panama are set to deal an even greater economic blow than previously expected.
Ruling could permit a new reservoir for the water-starved Panama Canal ...
Jul 8, 2024 · PANAMA CITY (AP) — A court ruling could permit the construction of a new reservoir to feed the water-starved Panama Canal, but the project might take six years to build, the managers of the waterway said Monday.
More upheaval for global shipping as Panama Canal cuts traffic …
Jan 19, 2024 · One of the most severe droughts to ever hit the Central American country has stirred chaos in the 80-kilometre route, causing a traffic jam of vessels, casting doubts on the canal's reliability...