Economy

New Nicaragua Canal May Change Global Tradei
X
August 28, 2013 10:40 PM
A Hong Kong-based company is working out the route for a canal across Nicaragua that would rival the Panama Canal, bolster world trade, and might create a strategic headache for the United States. Company officials say it may be some time next year before they finish preliminary engineering and environmental studies. The canal has been proposed many times before, but as VOA’s Jim Randle reports, some experts say this time it actually may get built.

New Nicaragua Canal May Change Global Trade

Published August 28, 2013

A Hong Kong-based company is working out the route for a canal across Nicaragua that would rival the Panama Canal, bolster world trade, and might create a strategic headache for the United States. Company officials say it may be some time next year before they finish preliminary engineering and environmental studies. The canal has been proposed many times before, but as VOA’s Jim Randle reports, some experts say this time it actually may get built.


You May Like

Video Iran Nuclear Deal Becomes US Campaign Issue

Voters in three crucial battleground states - Florida, Ohio and Pennsylvania - overwhelmingly oppose nuclear deal with Iran More

With IS in Coalition Cross-Hairs, al-Qaida's Syria Affiliate Reemerges

Jabhat al-Nusra has rebounded, increasingly casting itself as a critical player in battle for Syria’s future More

Lessons Learned From Katrina, 10 Years Later

FEMA chief Craig Fugate says key changes include better preparation, improved coordination among state, federal assistance agencies More