The U.S. acquired the rights to build and operate the Panama Canal in exchange for US$10 million and annual payments of $250,000. Later, the Torrijos-Carter Treaty in 1977 committed the U.S. to ...
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Panama Canal agency warns water shortage "is not over"The Panama Canal Authority (ACP) said Wednesday that the famed waterway continues to face a water shortage, despite recent rains alleviating most restrictions imposed following last year's drought.
The Panama Canal's water levels have been dwindling, and this shift will have significant economic consequences for the region. To combat the change, the Panama government approved the Rio Indio ...
Water levels in Gatun Lake, the rainfall-fed principal reservoir that floats ships through the Panama Canal’s lock system, have “continued to decline to unprecedented levels for this time of ...
Insufficient rainfall has once again forced the Panama Canal to reduce the draft of ships crossing through the inter-oceanic route – another episode of the water supply crisis that threatens the ...
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