Financial Times
Transportation correspondent for the Financial Times
PROFILE
Robert Wright
Guest
FROM Robert Wright
Which Way, L.A.?
Panama Votes to Expand Canal The Panama Canal can handle ships carrying 4,000 containers, but super-sized cargo vessels carry three times that many and more. Yesterday, the voters of Panama agreed to expand the canal, with work expected to begin as soon as next year. Though the turnout was low, the margin was high--with 78% of the voters agreeing to expand the Panama Canal. The project will cost at least 5.2 billion dollars, creating 40,000 jobs in a pverty-stricken country with 9.5 percent unemployment. Will that make Panama more competitive with Egypt and its Suez Canal?
To the Point
Panama Votes to Expand Canal The Panama Canal can handle ships carrying 4,000 containers, but super-sized cargo vessels carry three times that many and more. Yesterday, the voters of Panama agreed to expand the canal, with work expected to begin as soon as next year. Though the turnout was low, the margin was high--with 78% of the voters agreeing to expand the Panama Canal. The project will cost at least $5.2 billion, creating 40,000 jobs in a poverty-stricken country with 9.5 percent unemployment. Will that make Panama more competitive with Egypt and its Suez Canal?
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To the Point
Trump's new look at civil rights and global warming President Trump is reportedly ready to pull the US out of the Paris Agreement on Climate Change. We look at the possible consequences. On the second half of the program, we hear about cuts in Obama-Era civil rights programs called for by the Trump Administration's first budget plan.
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To the Point
Trump plays scolder-in-chief with NATO allies At the opening of NATO’s dramatic new headquarters in Brussels today, President Trump acknowledged that Article 5 — promising that “an attack on one nation is an attack on all” -- has only been invoked one time: in the aftermath of September 11. But the President failed to provide what 27 other Alliance members have been waiting for: a re-commitment by America’s new leader to Article 5. Instead, they got a scolding.
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Will the Senate write a healthcare bill in secret? While Democrats and Republicans argue White House relations with Russia, another question is being decided behind closed doors: who gets help buying health insurance and who doesn't? We hear how the pros and cons are being shrouded in secrecy.