The U.S. ceded control of the waterway to Panama in 1977, with the handover being completed in 1999. The Suez Canal, built in the 1800s, connects the Mediterranean Sea to the Red Sea.

Society Neither the Panama Canal nor the Suez Canal: China’s $10 Billion bet on a new ‘Silk Road’ Beijing hopes to make a splash on the trade scene with the construction of the Pinglu Canal ...

An effort to establish a canal through Panama led by Ferdinand de Lesseps, who built Egypt’s Suez Canal, began in 1880 but progressed little over nine years before going bankrupt. Advertisement ...

Newsweek reached out the Panama Canal Authority and Suez Canal Authority by email outside of normal business hours on Saturday evening for comment. Why It Matters.

The social and racial divide along the Panama Canal Zone in its American heyday was stark: a silver and gold, segregated system of pay — and life. “Separate schools, clubhouses, commissaries ...

The Panama Canal and the Suez Canal are considered the world's two most important waterways. When did Panama gain control of the canal? The U.S. built the canal and operated it until a treaty ...

Chinese regulators have blocked a $23 billion sale of key ports, including two in the Panama Canal, to a group led by BlackRock. REUTERS. China President Xi Jinping is reportedly “angry” over ...

Despite competition from the Suez Canal, Vásquez predicts that the Panama Canal will recover to pre-drought volumes, with a focus on larger vessels and energy-related trade.

Born from “gunboat diplomacy,” the Panama Canal is under threat from US saber rattling once again. More than 100 years after the construction of the engineering marvel that linked the Atlantic ...

WASHINGTON, April 26 (Reuters) - U.S. President Donald Trump said on Saturday that American military and commercial ships should be allowed to travel through the Panama Canal and Suez Canal free ...

The canal authority had contemplated that option for decades, especially as the population of the Panama City metro area swelled to 2.5 million, increasing demand for drinking water.

An effort to establish a canal through Panama led by Ferdinand de Lesseps, who built Egypt’s Suez Canal, began in 1880 but progressed little over nine years before going bankrupt.