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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Panama then rescinded the concession on the land where the Sola family had planned to spend $30 million on a cruise port.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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25.01.25 - 21:15
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Rubio To Visit Panama Amid Rising Tensions Over Canal (ZeroHedge)
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Rubio To Visit Panama Amid Rising Tensions Over Canal
Authored by Darlene McCormick Sanchez via The Epoch Times (emphasis ours),
Secretary of State Marco Rubio is set to make his first trip abroad next week, which will include a stop in Panama amid rising tensions over President Donald Trump's vow to take back the Panama Canal.
Secretary of State Marco Rubio at the State Department in Washington on Jan. 21, 2025. Andrew Caballero-Reynolds/AFP via Getty Images
“China is operating the Panama Canal. And we didn't give it to China. We gave it to Panama, and we're taking it back,” Trump said during his inaugural speech.
Panamanian President José Raúl Mulino has denied that China is running the canal and stated it won't be returned to the United States.
Tammy Bruce, department spokeswoman, said Rubio—a Florida Senator with Cuban roots—also planned to visit El Salvador, Guatemala, Costa Rica, and the Dominican Republic.
Bruce said the visit stemmed from Rubio's interest in the region a...
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20.12.24 - 16:48
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U.S. STOCKS Mission Produce, Sirius XM, Carnival Corp (Reuters EN)
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BUZZ-U.S. STOCKS ON THE MOVE-Mission Produce, Sirius XM, Carnival Corp Eikon search string for individual stock moves: STXBZ The Day Ahead newsletter: https://refini.tv/3LI4BU7 The Morning News Call newsletter: https://refini.tv/3dKUyB8 The S&P 500 and the Nasdaq dipped on Friday as fears over high interest rates next year loomed, although a cooler-than-expected inflation report kept losses in check....
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03.12.24 - 10:32
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Carnival, Banca Generali join STOXX 600; Volvo Car, Hugo Boss exit (Reuters EN)
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Carnival, Banca Generali join STOXX 600; Volvo Car, Hugo Boss exit LONDON, Dec 3 (Reuters) - British travel company Carnival and Italian banking group Banca Generali are among nine companies set to be added to the STOXX 600 as part of the index's quarterly review, while Volvo Car and Hugo Boss are among nine set to leave, STOXX said on Monday. Sparebank, Bridgepoint, Playtech, TP ICAP, Redcare Pharmacy, Vopak and VZ Holding are the seven other additions, index provider STOXX said in an email....
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