The $5-Billion Panama Canal Expansion Opens Sunday, Amidst Shipping Concerns

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New Panama Canal

 – June 25, 2016

After more than $5 billion and close to a decade of construction, Panama opens the long awaited expansion of its storied canal. Set to potentially double its current cargo, the expansion has weathered cost disputes, serious questions regarding its design and a global slump in international shipping.

Will the canal bring the benefits promised to this tiny Central America nation?

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