BlackRock Agrees to Buy Panama Canal Ports as Trump Continues Threats
BlackRock, America’s largest asset manager which handles over $11 trillion in assets, has agreed to purchase two ports on either end of the Panama Canal. BlackRock is buying the ports from Hong Kong-based CK Hutchison in a deal worth about $22.8 billion.
A Hong Kong-based conglomerate has agreed to sell its controlling stake in a subsidiary that operates ports near the Panama ...
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Panama Port Deal Plants U.S. Flag in China-Dominated SectorBlackRock’s move reflects the view that America’s best chance to counter China will hinge on private investment.
The Panama Canal's water levels have been dwindling, and this shift will have significant economic consequences for the ...
A cargo ship sails through the Panama Canal, in Panama City, June 13, 2024. (AP Photo/Matias Delacroix, File) U.S. Secretary ...
Trump’s threats to ‘take back’ the canal amid false claims of Chinese influence have sparked nationwide protests and evoked ...
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