Panama maintains that it has full control over the canal and that the Hong Kong-based group's operation of the ports did not amount to Chinese control over the waterway, and that

Panamanian President Jose Raul Mulino said on Wednesday morning that U.S. President Donald Trump was lying when he said that the North American leader's administration was "reclaiming" the Panama Canal.

The agreement will give a BlackRock consortium a majority stake in two terminal ports. Trump has said he wants the trade route under US control.

More than 2,000 people could be displaced by the construction of the Río Indio dam. The Panama Canal Authority says the dam solves a long-term water shortage problem.

A Hong Kong-based company announced Tuesday that it would sell its stake in two ports on the Panama Canal to a U.S.-led consortium, apparently responding to threats from President

The head of the Soy Transportation Coalition says the Trump administration has been monitoring the Panama Canal for potential Chinese influence. Mike Steenhoek tells Brownfield, “The question that lawmakers and the administration have been talking about lately is,

A cargo ship sails through the Panama Canal, in Panama City, June 13, 2024. (AP Photo/Matias Delacroix, File) U.S. Secretary of State Marco Rubio, third from right, tours the Miraflores Locks at the Panama Canal in Panama City,

A Hong Kong-based conglomerate has agreed to sell its controlling stake in a subsidiary that operates ports near the Panama Canal to a consortium including BlackRock Inc., effectively putting the port

The flash sale of a Hong Kong-owned global ports business highlights geopolitical volatility, executives and analysts said.

The $23 billion deal, announced by Hong Kong-based CK Hutchison Holdings, transfers control of the Balboa and Cristobal ports to a consortium led by BlackRock, Global Infrastructu

The Panama Canal's water levels have been dwindling, and this shift will have significant economic consequences for the region. To combat the change, the Panama government approved the Rio Indio Reservoir Project. The plan could guarantee water supply to approximately 50% of the country's population but will also displace many Panamanians.