Latin America

Panama Canal Opens $5B Locks, Bullish Despite Shipping Woes

With a band playing and flags waving, a Chinese ship carrying more than 9,000 containers on Sunday entered the newly expanded locks that will double the Panama Canal's capacity in a multibillion-dollar bet on a bright economic future despite tough times for international shipping.

Panama Canal Opens $5B Locks, Bullish Despite Shipping Woes

With a band playing and flags waving, a Chinese ship carrying more than 9,000 containers on Sunday entered the newly expanded locks that will double the Panama Canal's capacity in a multibillion-dollar bet on a bright economic future despite tough times for international shipping.

What’s Puerto Rico’s Problem?

Puerto Rico is facing a crisis that could have major implications here in the U.S. Here are five problems that have been devastating for the island and its economy.