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Panama Canal’s Revenue To Shrink By $200 Million Next Year Due To Ongoing Drought
August 7th, 2023

Via Marine Insight, Panama Canal Authority expects revenue to fall by $200M next year due to an ongoing drought: The managers associated with the Panama Canal stated that they expected income to fall after the authorities were compelled to restrict the number of vessels passing via each to 32 owing to inadequate rainfall. Ricaurte Vásquez, […]

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The Fed’s Inflation Fight Faces a New Challenge: A Dry Panama Canal
June 3rd, 2023

Via Bloomberg, a look at the human and economic impact of Panama’s drought: Federal Reserve Chair Jerome Powell keeps careful track of employment levels, wages, consumer prices and numerous other metrics to see where the US inflation rate may be headed in the next year. He might also want to keep an eye on water levels at Gatun Lake. That’s […]

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