MADRID—The Spanish-led consortium expanding the Panama Canal said Thursday it has warned Panamanian authorities that work will be halted unless Panama’s government pays an extra $1.6 billion for cost overruns in the massive project.
Panama’s president, Ricardo Martinelli, quickly rejected the apparent ultimatum. On his official Twitter account, the president said Thursday he will travel to Spain “to defend Panama’s interests in…
See the original post here: Row May Halt Panama Canal Expansion
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