VOICED : Amenazan con paralizar las obras del cana

VOICED : Amenazan con paralizar las obras del cana

Assessment

Interactive Video

Business, Architecture, Social Studies

9th - 10th Grade

Hard

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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.

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3 mins • 1 pt

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