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The Rio Times
The Rio Times
Americas · 18 mins ago
A War Far Away Is Making the Panama Canal Richer Than Expected
Trade Key Facts —The beat. The Panama Canal expects to top its $5.2bn revenue forecast for the year ending in September. —The cause. The closure of the Strait of Hormuz pushed more ships toward the canal as a safer route. —The traffic. Daily crossings peaked at 40 to 41 ships, up from a normal 34 […] The post A War Far Away Is Making the Panama Canal Richer Than Expected appeared first on The Rio Times.
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