Panama Canal
Body of Water
Spain's Sacyr wins bid to expand Panama Canal: official...Panama in December 1999. The largest ships that now use the canal carry up to 5,000 containers, but after the expansion supertankers and ships carrying as many as 12,000 containers will be able to sail through. "The process has been... In this article: Panama Canal, Spain, Panama, Atlantic Oceans, and Ricardo Martinelli |
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Miami Herald - Miami-Dade | May 03, 2009
Panama elects Martinelli
...Democratic Revolutionary Party. Martinelli, whose term ends in 2014, will have to guide Panama through a $5.25 billion expansion of the Panama Canal to increase its capacity and accommodate larger ships. Few problems were reported despite...
In this article: Ricardo Martinelli, Panama, Balbina Herrera, Panama City, Martin Torrijos, Tax, Unemployment, God, and Democratic Revolutionary Party
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Reuters | January 11, 2009
Panama mogul extends lead in election race - poll
...ranked third with 14.9 percent. Martinelli, a white-haired multimillionaire who owns a supermarket chain, sits on the board of one of the country's top banks and was once a Panama Canal government minister. His 18-point lead is up from 5...
In this article: Ricardo Martinelli, Panama, Balbina Herrera, La Prensa, Cost of living, Inflation, Manuel Noriega, and Martin Torrijos
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Baltimore Sun | May 04, 2009
Martinelli wins presidency
...election in a landslide Sunday, promising to guide the country through the world economic crisis and an ambitious expansion of the Panama Canal. The win by Martinelli, of the opposition Alliance for Change, marked a rare center-right...
In this article: Ricardo Martinelli, Balbina Herrera, Panama, Panama City, Martin Torrijos, United States, Tax, and Unemployment
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FACTBOX: Panamanian President-elect Ricardo Martinelli
...some facts about Panama's president-elect. * Martinelli, 57, is the multimillionaire owner of Panama's largest supermarket chain Super 99 and a former government minister of Panama Canal affairs. This was his second run at the presidency. In...
In this article: Ricardo Martinelli, Panama, United States, Balbina Herrera, and Sugar
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boston.com - Latest world news | May 04, 2009
Supermarket tycoon wins Panama election
...Hugo Chavez have advanced in Latin America in recent years but Panama has long had close ties to the United States, which built the Panama Canal and ousted dictator Gen. Manuel Noriega in 1989. Herrera was once close to Noriega, which...
In this article: Ricardo Martinelli, Panama, Balbina Herrera, Tax, Manuel Noriega, Panama City, United States, Inflation, Latin America, and Reuters
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Centre Daily Times | July 01, 2009
Pro-business president takes office in Panama
...for the capital's metropolitan area. Martinelli's predecessor, Martin Torrijos, launched a $5.25 billion project to increase the Panama Canal's capacity and allow it to accommodate larger ships. The canal is Panama's economic motor and...
In this article: Ricardo Martinelli, Panama, Panama City, Martin Torrijos, Manuel Zelaya, Latin America, and Honduras
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Taipei Times | May 04, 2009
Conservative Martinelli wins Panama election
...Martinelli - for many a proven success at big business decision-making - will oversee a massive US$5.25 billion expansion of the congested Panama Canal, by adding a third set of locks that can handle ships laden with up to 12,000 containers...
In this article: Ricardo Martinelli, Panama, Balbina Herrera, Panama City, Ice cream, Reuters, and Martin Torrijos
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Panama choses new president amid canal expansion
...president of Martinelli's political party. Herrera has promised to "expand the canal satisfactorily in the programmed amount of time" and spread the capital's wealth to the rest of the country. "My responsibility is to make the growth...
In this article: Ricardo Martinelli, Panama, Balbina Herrera, Panama City, All rights reserved, Unemployment, La Prensa, and Democratic Revolutionary Party
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USATODAY.com | May 03, 2009
Panama elects supermarket magnate president
PANAMA CITY (AP) Conservative supermarket magnate Ricardo Martinelli won Panama's presidential elections in a landslide Sunday, taking office as the Central American nation carries out an ambitious project to expand the Panama Canal.
In this article: Ricardo Martinelli, Panama, Balbina Herrera, All rights reserved, Unemployment, Alliance for Change, USA Today, and Guillermo Endara
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Description from Wikipedia:
The Panama Canal is a ship canal which joins the Caribbean Sea to the Pacific ocean. One of the largest and most difficult engineering projects ever undertaken, it had an enormous impact on shipping between the two oceans, replacing the long and treacherous route via the Drake Passage and Cape Horn at the southernmost tip of South America. A ship sailing from New York to San Francisco via the canal travels 9,500 km (6,000 mi), well under half the 22,500 km (14,000 mi) route around Cape Horn.
Although the concept of a canal near Panama dates back to the early 16th century, the first attempt to construct a canal began in 1880 under French leadership. After this attempt failed and 21,900 workers died, the project of building a canal was attempted and completed by the United States in the early 1900s, with the canal opening in 1914. The building of the 77 km (48 mi) canal was plagued by problems, including disease (particularly malaria and yellow fever) and landslides. By the time the canal was completed, a total of 27,500 workmen are estimated to have died in the French and American efforts.
While the Pacific Ocean is west of the isthmus and the Atlantic to the east, the journey through the canal from the Pacific to the Atlantic is one from southeast to northwest. This is a result of the isthmus's "curving back on itself" in the region of the canal. The Bridge of the Americas at the Pacific end is about a third of a degree of longitude east of the end near Colon on the Atlantic.
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