VOICED : Amenazan con paralizar las obras del cana

The Panama Canal expansion project faces potential halts due to a financial dispute. The consortium, led by SACIR, demands an additional $1.6 billion for unforeseen costs, which canal authorities reject. The project, initially set to finish in 2014, is delayed due to disagreements over cement quality. The financial markets reacted negatively, impacting SACIR's stock. The canal is crucial for Panama's economy, handling 5% of global maritime trade and contributing significantly to state revenue since Panama took over its management.

What action did the consortium threaten to take if their demands were not met?

• Sue the local authorities

• Halt the expansion work

• Increase the project cost

• Change the project timeline

Who is Jorge Quijano in the context of the Panama Canal expansion?

• A representative of the Italian firm

• A local government official

• The project manager for SACIR

• The canal administrator

What was the main reason for the nine-month delay in the project?

• Financial issues

• Labor strikes

• Cement quality disagreement

• Weather conditions

How did the stock market react to the issues faced by SACIR?

• The stock value was unaffected

• The stock value dropped significantly

• The stock value remained stable

• The stock value increased

What percentage of global maritime trade passes through the Panama Canal?

• 10%

• 5%

• 15%

• 20%