Panama Canal ports sold to BlackRock in victory for Trump
- BlackRock Inc. has agreed to buy shares in Hutchison Port Holdings and Hutchison Port Group Holdings, which operate ports near the Panama Canal, for $22.8 billion following concerns over Chinese control.
- The consortium investing with BlackRock will acquire a 90% interest in Panama Ports Company, owning the ports of Balboa and Cristobal in Panama.
- U.S. Secretary of State Marco Rubio emphasized to President José Raúl Mulino the need to reduce Chinese influence over the canal after visiting Panama in February.
- Panama's decision to exit China's Belt and Road Initiative followed Rubio's visit, causing a backlash from Beijing regarding their interests in the canal.
279 Articles
279 Articles
El plan de Trump para tomar el control del canal de Panamá enfrenta resistencia: el acuerdo con BlackRock se tambalea
Por Juliana Liu, CNN Funcionarios de Beijing y Hong Kong se pronunciaron este martes en contra de una propuesta para vender puertos en el canal de Panamá a un consorcio liderado por BlackRock, haciendo caer en picada las acciones del conglomerado con sede en Hong Kong que es propietario de los puertos. No está claro cómo podrían interferir los reguladores en el plan, anunciado anteriormente este mes, dado que los puertos que CK Hutchison pretend…
BlackRock First: How the World’s Largest Asset Manager is Gaining More Control Over America Under Trump
“I hope we shall crush in its birth the aristocracy of our moneyed corporations, which dare already to challenge our government to a trial of strength and to bid defiance to the laws of their country.” ~ Thomas Jefferson Written by Bryan Lutz, Editor at Dollarcollapse.com: The corporate world is a fascinating one. Contrast it with the political one and you can find a new, curious perspective. Much of the political world pretends to own corporati…
Panama To Review All Legal & Financial Documents In BlackRock’s Port Deal
Image for representation purposes only Panama will review the recent acquisition of two key ports by a BlackRock-based group, demanding all legal and financial documents linked to the transaction. The Panama Maritime Authority, responsible for overseeing ports and shipping, will assess the deal to ensure the country’s interests are protected. The takeover involves Hong Kong-based CK Hutchison selling its port business to an investor group led by…
In Latin America, China is finally losing ground
Mexico is reviewing its tariff policy over China, and an American investor group has signed a huge deal taking control over key ports near the Panama Canal, indicating that Trump's America First foreign policy is yielding concrete results in a short time.
How Li Ka-shing, Larry Fink and Adebayo Ogunlesi closed a $22.8 billion port deal in Panama
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