The global battle for control of ports. Economist report
As The Economist writes, a global war is underway for control of ports, with China, the United States, and other players competing with billion-dollar investments to secure strategic routes and infrastructure. This results in a bifurcation of maritime networks, with enormous expenses but also risks of overcapacity, inefficiencies, and higher costs for consumers.
The blockade of Hormuz is a big deal for Panama (and for the US)
The blockade of the Strait of Hormuz has caused prices for crossing the Panama Canal to soar: this is linked to the strong Asian demand for fossil fuels, which is benefiting the United States. Numbers and details.
Will Elon Musk build a tunnel under the Panama Canal?
The mayor of Panama City wants to entrust Elon Musk’s The Boring Company with the construction of a pedestrian tunnel under the canal. The project, presented as a tourist attraction, would help the United States strengthen control over the country’s key infrastructure. All the details.
