A drought has forced authorities to further slash traffic in Panama Canal, disrupting global trade
- The severe drought in Panama has caused authorities to reduce ship crossings in the Panama Canal by 36%.
- The drought is estimated to cost the canal between $500 million and $700 million in 2024, exceeding previous estimates of $200 million.
- The drought has disrupted the canal's operations, creating a traffic jam of boats, raising concerns about its reliability for international shipping, and impacting global trade.
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Total News Sources0
Leaning Left16Leaning Right4Center20Last UpdatedBias Distribution50% Center
Bias Distribution
- 50% of the sources are Center
50% Center
L 40%
C 50%
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