#GeoPol #PanamaCanal #BlackRock #CKHutchinson #Panama #USpol #China

(1/n)

Would #BlackRock have invested in a sinking ship?--Probably not.

True, the Canal is no ship and, quite to the contrary, it is not shipping. However, the carrying capacity has been continuously eroding as #ClimateChange takes a grip of the region 1):

in 2024, #Panama experienced its second driest year on record.

A new "#MultimodalDryCanal project simply might not...

1)
economist.com/the-americas/202…

Severe drought is constraining the Panama Canal

Costs for ships to go through it are spiralling. Consumers will feel the pinch

^{The Economist}