US President-elect Donald Trump has once again sparked controversy by suggesting that the United States should buy and take control of Greenland, calling it an "absolute necessity" for national security.

‘We are not for sale,’ Greenland PM rebuffs Trump’s idea of buying the island

Panama's president Jose Raul Mulino on Sunday dismissed recent threats made by US President-elect Donald Trump to retake control of the Panama Canal over complaints of "unfair" treatment of American ships.

Panama rubbishes Donald Trump's threat to take control of Canal

“Our Navy and Commerce have been treated in a very unfair and injudicious way. The fees being charged by Panama are ridiculous, especially knowing the extraordinary generosity that has been bestowed to Panama by the US. This complete 'rip-off' of our country will immediately stop,” Trump posted on his Truth Social platform on Saturday (December 21).



Trump accuses Panama of 'ripping off' the US with excessive fees, threatens to take back control

President-elect Donald Trump has called for the Panama Canal to be returned to the United States if Panama fails to manage it in a manner he deems acceptable. He also criticised the Central American country for allegedly imposing excessive charges on vessels using the vital waterway.

The United States has had 46 presidents to date, with 45 men serving in the position. As per Article Two of the United States Constitution, a person must be at least 35 years old to be eligible to take office.

The youngest US president was also the first American to win a Nobel Prize

In a major setback for Chinese leader Xi Jinping's objective to expand Beijing's pervasive footprint in Latin America, Nicaragua has cancelled a controversial plan to build a canal linking the Atlantic and the Pacific nearly a decade after it first broke ground.

Setback for Xi's China as Nicaragua drops plan to build Atlantic-Pacific canal

Global trade faces turbulent waters as two critical shipping routes grapple with unprecedented challenges. In the red sea, a series of attacks on vessels has disrupted traffic through the suez canal, while on the other side of the world, a severe drought at the panama canal has slowed maritime trade to a crawl.

Global trade plagued by Red Sea attacks & Panama canal drought

Recent attacks on vessels in the Red Sea region and a severe drought at the Panama Canal have disrupted global trade, causing significant slowdowns and redirections in maritime traffic, according to the IMF.

Global trade disrupted by Red Sea attacks and Panama Canal drought: IMF

In a concerning development for global trade, the panama canal is facing a critical water shortage. Unlike the Suez Canal, the panama canal relies on freshwater from lake Gatun, and its water level has reached dangerously low levels. The canal's dependence on rainwater, coupled with the El Nino weather phenomenon has resulted in the second driest year in its 110-year-old history. Watch to know more!

Water shortage threatens Panama Canal operations

Panama Canal has been hit by a severe drought that began last year. It has forced authorities to slash ship crossings by 36 per cent in the Panama Canal. A report by The Associated Press mentioned that the new cuts were announced Wednesday (Jan 17) by authorities in Panama.

Severe drought causes major drop in Panama Canal traffic which could cost millions of dollars

The Red Sea crisis has disrupted the global shipping industry. But that's hardly the only issue that shipping giants are facing right now. The industry fears it will continue to face significant disruptions in 2024.

Panama canal: Severe drought hits canal, administrators forced to cut vessel crossings

Researchers have rediscovered a 22-million-year-old mangrove forest that was swept away by a massive volcanic eruption. The forest that once thrived with huge trees and lush green grasses on an island in the Panama Canal fell prey to natural disasters that triggered complete destruction.

Volcano destroyed this forest 22-million-years ago. It has now been rediscovered

This report delves into the Panama Canal crisis, where a severe drought threatens to disrupt this holiday season. This environmental disaster has led to drastic drops in canal water levels, causing significant delays in global trade. With only 24 ships allowed daily, down from 38, the world faces potential shortages and inflated prices on everything from festive decorations to children's toys. This crisis is a stark reminder of climate change's far-reaching impacts, echoing concerns that will be addressed at the upcoming COP28 conference.

Gravitas | Christmas at Risk: Panama Canal Drought Disrupts Global Trade

The Panama Canal a vital lifeline for global trade is currently grappling with its worst traffic jam ever. The canal has become a traffic jam of the seas in total 200 vessels are stuck on either side of the Waterway. Commercial ships are facing long queues and delays to travel through the Panama Canal as a lengthy drought in the Central American country has led to a cut in the number of vessels that can actually pass the crossings every day.

Panama Canal traffic jam: Drought limits the number of vessels able to pass

The drought-hit Panama Canal is suffering from an issue of traffic as a flotilla of ships is reportedly stuck on both sides. The vessels have been waiting for weeks to cross after the authorities reduced transits to conserve water.

Drought-hit Panama Canal reels under traffic jams with over 200-ship backlog

Drought-hit Panama Canal will expand restrictions on the largest ships crossing the waterway, the canal authority's administration said on Wednesday (June 21). According to a report by the news agency Reuters, the restrictions would come into effect from Sunday and limit the neo-Panamax container ships to a depth limit of 43.

Drought-hit Panama Canal to expand restrictions on largest ships crossing the waterway

Expanded canal hopes to profit from burgeoning US-Asia trade

New and improved Panama canal opens

The $5.5-million expansion is expected to benefit world trade as it will serve as an inter-oceanic highway between the US and Asia

Newly expanded Panama Canal opens for bigger business

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