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Panamanians Vote to Approve Canal Expansion, Exit Polls Say

Oct 23, 2006

Panamanians overwhelmingly approved a $5.25 billion plan to expand the Panama Canal and allow today's super freighters to use the waterway, according...

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"[While] it’s good to build more infrastructure and increase investment, you have to be conscious about the macro effects of too big an increase in domestic demand, including of course public expenditure."

Julio Velarde, Peru central bank


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