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Panama

World news about “Panama” published by euronews.

23/12 07:36 CET

Nicaragua announces start of work on China-backed canal

Nicaragua announces start of work on China-backed canal

Nicaragua has announced the start of work on a controversial shipping canal costing almost 50 billion euros in a project backed by China. The government says that the 278 kilometre waterway would raise economic growth by 10 percent annually and would rival Panama's…