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>> PANAMA CANAL Latest News

14 HOURS AGO - Business Insider

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Panama Canal sets sights on new $17 billion expansion project

By Simon Gardner and Elida MorenoCOCOLI, Panama (Reuters) - As it enters the final stretch of a massive expansion, the Panama Canal Authority is setting its sights on an even more ambitious project worth up to $17 billion that would allow it to handle the world's biggest ships.Workers are now installing giant, 22-story lock gates to accommodate larger "Post-Panamax" ships ...

Tags: Panama Canal sets sights on new $17 billion expansion project,  Panama Canal Latest News

MAR 10, 2015 - Business Insider

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These cities will soon be havens for the super-rich

With their emerging markets and rising regional influence, the cities of Belgrade, Panama City, Addis Ababa, and Yangon may soon become global financial capitals and havens for the super-rich, global real estate consultancy Knight Frank predicted in its annual Wealth Report last week. The report documents the patterns of high-net-worth individuals — those worth over $30 million — to predict how global wealth will evolve ...

Tags: These cities will soon be havens for the super-rich,  Panama Canal Latest News

MAR 06, 2015 - Zero Hedge

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West-Coast Port Fiasco Does ‘Permanent, Irrevocable Damage’

The labor dispute that wreaked havoc on West Coast ports and on shippers for months was tentatively settled on February 20. By then, it was too late. Cargo had been delayed for weeks. Perishable goods with sell-by dates were stuck in refrigerated containers somewhere. Companies around the country spent endless working hours to keep the supply chain from collapsing. Cargo ...

Tags: West-Coast Port Fiasco Does ‘Permanent, Irrevocable Damage’,  Panama Canal Latest News