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 On the Scene: In Gaza, Darkness Brings Dread and Death

Palestinians fear nighttime raids, many feel abandoned by outside world, VOA's Scott Bobb reports More

African Small Farmers Could Be Key to Ending Food Insecurity

Experts say providing access to microloans, crop insurance, better storage facilities, irrigation, road systems and market information could enable greater production More

University of Michigan Wins Solar Car Race

Squad guided its student-designed solar-powered vehicle to fifth consecutive time victory in eight-day bi-annual American Solar Challenge More