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Panama Canal Expansion: The Dangers of Long-Term Delays

Jan 27, 2014 | 11:18 GMT
The Panama Canal locks in Colon, 110 kilometers (68 miles) northwest of Panama City, Jan. 17, 2014.
The Panama Canal locks in Colon, 110 kilometers (68 miles) northwest of Panama City, Jan. 17. Expansion of the canal could cease at the end of January if Panama does not agree to pay $1.6 billion in unforeseen costs.
(RODRIGO ARANGUA/AFP/Getty Images)

The impact on global trade could be profound if delays stretch beyond a year or two. ...

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