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Halafi Mengedi
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Joined: 30 May 2010, 23:04

Asseb is on the verge: Panama Canal Ports Officially Sold To US Company

Post by Halafi Mengedi » 09 Mar 2025, 01:24

Trump inside the Bayfront Convention Center in Erie
©IMAGN
President Trump recently reiterated his desire to retake control of the Panama Canal, citing national security concerns. In a major development, Hong Kong-based CK Hutchison announced the sale of its 90% stake in Panama Ports Company to a consortium led by BlackRock Inc. BlackRock is a U.S.-based company founded in New York in 1988. The deal will officially shift control of critical ports to U.S. interests.