Share on Google Plus Share on Twitter Share on Facebook Share on LinkedIn Share on PInterest Share on Fark! Share on Reddit Share on StumbleUpon Tell A Friend 3 (3 Shares)  
Printer Friendly Page Save As Favorite View Favorites View Stats   8 comments

General News

Nicaragua and China to Build New Canal

By (about the author)     Permalink       (Page 1 of 1 pages)
Related Topic(s): ; ; ; ; ; ; , Add Tags Add to My Group(s)

Interesting 2   Must Read 1   News 1  
View Ratings | Rate It

opednews.com

Become a Fan
  (13 fans)
- Advertisement -



possible routes for canal by Simone Foxman

The beginning of a second canal connecting the Atlantic and Pacific Oceans will begin in earnest in December of this year. In effect, Nicaragua and China have agreed that a $40 billion canal project running through Nicaragua will modernize the short cut from one ocean to the other, a move made necessary because the Panama Canal is too small for many modern ships to pass through.

Thus, the US will no longer control traffic between the two oceans.

A new paradigm is dawning in the Americas and it points to a diminishing role for the super power, even in its own back yard.

The president of Nicaragua, Daniel Ortega, is the leader of the Sandinista National Liberation Front who has returned to power after his first term in office in the 1980s. It was during those Reagan years where the US President violated US Congressional mandate and continued to support the Contra terrorist group and their wanton killing of rural peasants and farmers that forced President Ortega from office the first time and that finally came to a head during the Iran/Contra Affair in 1986.

This time around, Nicaraguan President Ortega and Chinese President Xi Jinping have been able to finalize this important agreement and will be able to finance this, at least partly, through the QE money from the US taxpayer.

- Advertisement -

- Advertisement -

 

57 year old Californian male - I've lived in four different countries, USA, Switzerland, Mexico, Venezuela - speak three languages fluently, English, French, Spanish - part-time journalist for Empower-Sport Magazine. I also write four newsletters.

Share on Google Plus Submit to Twitter Add this Page to Facebook! Share on LinkedIn Pin It! Add this Page to Fark! Submit to Reddit Submit to Stumble Upon


Go To Commenting

The views expressed in this article are the sole responsibility of the author and do not necessarily reflect those of this website or its editors.

Writers Guidelines

Contact Author Contact Editor View Authors' Articles
- Advertisement -

Most Popular Articles by this Author:     (View All Most Popular Articles by this Author)

Elecricity for Venezuela - Rednecks in Chavezland

The Tarahumara Indians of Mexico "Olympics Too Short"

The new and revised Preamble to the Constitution

Chapter Thirteen: The Cuban Missile Crisis of October, 1962

IMMIGRATION FROM THE IMMIGRANT'S POINT OF VIEW

THE FOURTH POWER AND THE RISE OF YELLOW JOURNALISM

Comments

The time limit for entering new comments on this article has expired.

This limit can be removed. Our paid membership program is designed to give you many benefits, such as removing this time limit. To learn more, please click here.

Comments: Expand   Shrink   Hide  
5 people are discussing this page, with 8 comments
To view all comments:
Expand Comments
(Or you can set your preferences to show all comments, always)

Does this mean that China will control the canal a... by rini920 on Friday, Feb 21, 2014 at 12:09:12 PM
Absolutely. The agreement gives China sole rights ... by John Little on Friday, Feb 21, 2014 at 1:04:38 PM
Bigger ships and more Chinese junk for East Coas... by KurtB on Saturday, Feb 22, 2014 at 7:22:55 PM
KurtB, That's one destination to be sure. But a n... by John Little on Sunday, Feb 23, 2014 at 3:40:17 PM
John - it is called progress.  China can affo... by Doc McCoy on Sunday, Feb 23, 2014 at 12:51:52 AM
Yep. There's no such thing as a free lunch, so we ... by John Little on Sunday, Feb 23, 2014 at 3:41:32 PM
This story indeed shows that we are entering a new... by Howard Schneider on Sunday, Feb 23, 2014 at 1:38:31 PM
Thanks, This will only help the European Union an... by John Little on Sunday, Feb 23, 2014 at 3:49:59 PM