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    tomder55 Posts: 1,742, Reputation: 346
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    Mar 11, 2025, 04:33 AM
    Panama Canal This is how the take over will work
    Panama President Laurentino Cortizo Cohen is a conservative businessman . We don't need to take over the canal zone. He can be negotiated with ;which is what Trump is really doing . The issues is rate fees and the presence of Chinese running the ports at the canal entries.
    WWIII in the shadows - Page 2

    Fee rates are still an issue. The port issue is settled .

    BlackRock is leading a consortium that is going to buy 43 ports . Included is the purchase of the 2 ports at both ends of the canal zone.

    In a filing, CK Hutchison Holding said Tuesday that it would sell all shares in Hutchison Port Holdings and in Hutchison Port Group Holdings to the consortium in a deal valued at nearly $23 billion, including $5 billion in debt.
    The deal will give the BlackRock consortium control over 43 ports in 23 countries, including the ports of Balboa and Cristobal, located at either end of the Panama Canal. Other ports are in Mexico, the Netherlands, Egypt, Australia, Pakistan and elsewhere.
    Of note ;the Chinese are also constructing a bridge over the canal and a subway tunnel under the canal.
    4th Bridge Over the Panama Canal | TYLin Group

    About BlackRock . It is owned by Larry Fink who was a huge Democrat donor . It manages a small portfolio of over $11 trillion in assets. Conservatives know it because it lead the effort to have companies adopt DEI agendas. No DEI ;No funding. That's how it worked. (aka debanking)

    That changed last month when they announced an end to their DEI push . Turns out all the efforts for the Dems went nowhere. The good news was that Kam lost. But the real reason was because banking regulators last year turned on them because they are too big.

    Now Fink is playing nice in the sandbox with Trump.

    How BlackRock CEO Larry Fink has turned into the darling of the MAGA movement

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