It has been over 20 years since Panama gained control of the Panama Canal from the United States, a stranglehold the US had exercised since 1903. Recently expanded to allow the transit of larger ...

It took 11 years, but on the first day of World War I, the canal opened under American control. The U.S. invested over $375 million to build the canal and agreed to pay annual royalties, albeit a ...

In 1902 the U.S. Senate approved the building of the canal in Panama, but then the Colombian congress rejected the deal, hoping to renegotiate for more money. Not to be deterred, ...

Panama has taken steps to try to appease Trump, making a deal to reimburse U.S. ships for any transit fees for going through the canal, signing a security cooperation agreement, and agreeing to ...

Chinese regulators have blocked a $23 billion sale of key ports, including two in the Panama Canal, to a group led by BlackRock. REUTERS. China President Xi Jinping is reportedly “angry” over ...

The ownership of the Panama Canal has changed hands a few times throughout its history. French Ownership (1881-1889 ), United States Ownership (1904-1977) The U.S. took over the project in 1904 ...

Friday, Beijing launched a review of Hong Kong-based CK Hutchison’s planned sale of its Panama Canal ports to a US-based firm, scuttling the deal for now — and proving that China is desperate… ...

The Panama Canal is one of the most important waterways in the world, with about 7% of global trade passing through. It also relies heavily on rainfall. Without enough freshwater flowing in, the ...