U.S. piracy from Hormuz to Panama - MR Online
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U.S. naval power and dollar dominance have always worked together: one guarded the sea lanes, the other controlled payments, insurance, credit and sanctions. Now both are being challenged at once.

Panama City, Panama — Balboa port, operated by CK Hutchison’s Panama Ports Company at the Pacific entrance to the Panama Canal. The terminal became a target of U.S. pressure after Trump threatened to “take back” the canal. A BlackRock-led consortium was set to take over Balboa and Cristóbal before Panama’s courts and government blocked the canal-terminal transfer.

U.S. naval power and dollar dominance have always worked together: one guarded the sea lanes, the other controlled payments, insurance, credit and sanctions. Now both are being challenged at once.

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