Panama Says Canal Expansion on Track

Apr 24, 2009

The Panama canal’s $5.25bn expansion program is proceeding on-time and on-budget, says the Panama Canal Authority’s (PCA) vice president of research and market analysis Rodolfo Sabonge. “We have gone through world wars, Asian flu, the Iraq war, and other economic and financial upheavals in the world, but we have...

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“The crisis has been a setback for reserve diversification."

Jan Dehn, Ashmore Investment Management