Panama Canal

After The Suez Canal, Is The Panama Canal Next? 1

After The Suez Canal, Is The Panama Canal Next?

After the Suez Canal incident, the Panama Canal is facing a similar situation, with ships now paying tolls almost eight times higher due to drought. On a recent day, more than fifty ships—from cargo ships loaded with food to tankers transporting propane—were waiting to pass through the Panama Canal. Longer

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Panama Canal Is Going Dry

Panama Canal is going dry as a severe drought has caused water levels in the lake that feeds the locks in the Panama Canal to drop far below normal. Federal Reserve Chair Jerome Powell keeps careful track of employment levels, wages, consumer prices and numerous other metrics to see where the US inflation rate may

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