“Ogunlesi had built GIP in less than two decades into one of the standout firms in the lucrative private investment industry, ...
In a US$23 billion deal, the Hong Kong conglomerate CK Hutchison Holdings will sell all shares in Panama Canal ports to a U.S ...
China’s footprint in Panama has expanded significantly over the past eight years. Many in the U.S. see the move as a security threat – not just President Donald Trump. But Panama has already ...
Panama’s president accused Donald Trump of lying to Congress after the US leader reiterated his intention to take over the ...
An investor group led by BlackRock will acquire two ports near the Panama Canal that are owned by CK Hutchison and have been ...
China came in second, with 46 million tons. Japan, South Korea, Mexico, Chile, and Peru followed. In January, however, President Trump announced his displeasure with the Panama Canal, claiming in ...
Mr. Trump has said that the United States needs the Panama Canal for "economic security," falsely alleging that it is being "operated by China." "The Panama Canal is vital to our country.
Trump and his supporters have also complained about the fees that ships are charged to use the waterway and alleged that China has been operating the canal, an assertion denied by Panama's government.
BlackRock on Tuesday announced the purchase of the ports at the Panama Canal that President Donald Trump raised security concerns regarding their connections to China. BlackRock announced the $22. ...
President José Raúl Mulino announced the decision after discussions with Secretary of State Marco Rubio, who raised concerns about China’s expanding influence in the Panama Canal region.
The focus was the Chinese consortium running the ports. Panama rejected that China had any influence over canal operations.
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