Following a Court Ruling, The Government of Panama Has Taken Back Control Over Both Entrances to the Panama Canal - Cancelled Chinese Contracts - The Last Refuge

Following a Court Ruling, The Government of Panama Has Taken Back Control Over Both Entrances to the Panama Canal - Cancelled Chinese Contracts - The Last Refuge - Sundance

• The highest court in Panama has nulled the ‘Chinese’ contract for the operation of both entrance ports on the Panama Canal.
• The Panamanian government took back control and assigned operations to APM Terminals, a subsidiary of the Danish group A.P. Moller-Maersk.
• The state takeover comes after a 14-month long saga begun by President Trump who reasserted American interests in the hemisphere and rejected the concept of allowing China to have strategic control over such vital North American infrastructure...