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Severe drought conditions have reduced water levels in the Panama Canal, forcing authorities to reduce ship crossings. The crisis in the Red Sea has compounded impacts on trade.
Protests extended into a second week Monday over a long-term copper mining concession for a Canadian company, as Panama's government sought to calm anger by promising to let Panamanians decide in ...
Some companies had planned to reroute to the Red Sea — a key route between Asia and Europe — to avoid delays at the Panama Canal, analysts say. Now, that's no longer an option for most.
The UN trade body sounded an alarm Thursday that global trade is being disrupted by attacks in the Red Sea, the war in Ukraine, and low water levels in the Panama Canal.
Panama's leader calls for referendum on mining concession, seeking to calm protests over the dealBack to video A broad cross-section of society has joined in demonstrations across the country for more ...
Turmoil in Panama - Navigating Crises at the Canal 03/20/2025 Panama's famous canal connects the Atlantic and Pacific Oceans. But, this important gateway for world trade is increasingly blocked.
Panama Mining, the local subsidiary, employs more than 9,000 people, and the company says its operations accounted for 4.8% of Panama’s gross domestic product in 2021. Cortizo’s administration says ...
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