
Blackrock Now Owns The Panama Canal, Should You Worry?
BlackRock just threw a $19 billion wildcard into the drama swirling around the Panama Canal. The US investment giant, fronting a consortium, snapped up CK Hutchison’s ports business, a Chinese multinational conglomerate, snagging control of the critical Balboa and Cristobal terminals. It’s a flashpoint for US-Panama relations, a fresh setpiece for global trade games, and…