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04.02.26 - 10:12
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Panama ports defeat shows China faces tougher test in Latin America (SCMP)
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China said Panama risks paying a “hefty political and economic price” following the cancellation of Hong Kong-based CK Hutchison Holdings' contract to operate two major ports serving the Panama Canal.
“The Panamanian authorities' insistence on this despite widespread concerns is tantamount to shooting themselves in the foot,” China's Hong Kong and Macau Affairs Office said in a commentary posted on its WeChat account on Tuesday. The decision by the Panama Supreme Court “is legally unfounded and......
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14.08.25 - 19:33
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No Panama Port Deal For CK Hutchison And BlackRock This Year (ZeroHedge)
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No Panama Port Deal For CK Hutchison And BlackRock This Year
The $19 billion sale of CK Hutchison's 43 global ports, including two strategically vital ports on the Panama Canal (Balboa and Cristóbal terminals), to a BlackRock-led consortium is far from completion, mired in the crossfire of US-China trade and geopolitical tensions.
CK Hutchison co-managing director Frank Sixt told Wall Street analysts during its interim earnings results earlier today that the deal's complexity means it likely won't be completed this year, especially after China demanded earlier this summer that its largest shipping company, Cosco, be included in the Western-investor deal.
"We are in a new stage of our deal and that includes, as we have said, discussions with a major strategic Chinese investor," Sixt said.
He continued, "I believe that there is a reasonable chance that those discussions will lead to a deal that is good for all of the parties, ourselves included, and most importantly,...
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10.06.25 - 18:03
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Stephanie Evans Greene Named JetBlue′s Senior Vice President, Marketing and Brand (Business Wire)
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NEW YORK--(BUSINESS WIRE)--JetBlue (NASDAQ: JBLU) today announced that Stephanie Evans Greene has been appointed senior vice president, marketing and brand. In this role, she will lead the airline's advertising, marketing, product development as well as digital commerce strategy, brand strategy, and customer strategy. She will report to JetBlue's president, Marty St. George, and be part of the company's senior leadership team.
Greene brings more than 25 years of marketing and brand leadership experience, having guided growth strategies and high-impact campaigns for major travel, luxury, wellness, and tech brands. She's held senior marketing roles at Carnival Cruise Line, Google, Hearts on Fire, and AirSculpt—and earlier in her career, led major client accounts at the global agencies Arnold Worldwide and Ogilvy.
“Stephanie is not only a bold and modern brand thinker—she's a business builder,” said St. George. “Her experience leading digital-first marketing, e-commerce, and customer loyalty s...
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07.02.25 - 09:00
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Decades-Long Chinese Influence In Panama Begins To Unravel (ZeroHedge)
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Decades-Long Chinese Influence In Panama Begins To Unravel
Authored by Darlene McCormick Sanchez via The Epoch Times (emphasis ours),
About 10 years ago, Louis Sola's family maritime business was given a concession to build a marina and cruise port on Amador, a causeway located at the Pacific entrance to the Panama Canal.
Illustration by The Epoch Times, Google Earth, Shutterstock
“This would have been the very first cruise port in the Pacific,” Sola, who now serves as the U.S. Federal Maritime Commission chairman, said.
Everything changed in 2017 when Panama signed on with the Chinese regime's Belt and Road Initiative. The initiative required the Panamanian government to recognize Taiwan as part of China—much to the surprise and concern of the United States, which has positioned itself as an ally of Taiwan.
Panama then rescinded the concession on the land where the Sola family had planned to spend $30 million on a cruise port.
Instead, Panama nationalized the project, gave a concessio...
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