This tag is associated with 11 posts

Nicaragua Canal: Major Project, Major Impact

By Taylor Butch The Nicaraguan canal, once completed, will be deeper, wider, and nearly three times as long as the Panama canal, and this waterway is expected to transform Central America and the surrounding region. Construction of the $50 billion, 172-mile-long waterway that would transport goods between the Pacific Ocean and the Caribbean broke ground on … Continue reading

China’s New Silk Road Stretches To South America

By Andrew Korybko Chinese Premier Li Keqiang is visiting South America, and it’s expected that he’ll formalize its regional version of the Silk Road, the Twin Ocean Railroad, during his trip. This far-reaching project endeavors to construct a 5,300 km railroad from Brazil to Peru, traversing some of the world’s most difficult and sensitive terrain. Along … Continue reading

Nicaragua Canal To Strengthen BRICS, Undermine U.S.

The Nicaragua Canal project undermines the US influence in Latin America and its control over the transoceanic routes, facilitating strengthening the role of BRICS, notably China and Russia in the region. . By Ekaterina Blinova, Sputnik News The Nicaragua Canal project has sparked controversy in the West, that fears the new interoceanic route will undermine the US’ … Continue reading

Russia, Nicaragua Agree On Simplified Port Entry Protocols For Russian Warships

By Sputnik News Russia and Nicaragua signed on Thursday an intergovernmental agreement on simplified procedures, allowing visits of Russian warships to ports in the Latin American country, Russian Defense Minister Sergei Shoigu said. Shoigu, who is on the second leg of his three-day Latin American tour, told reporters in Managua that several other agreements were signed aimed at expanding bilateral military-technical cooperation. The minister … Continue reading

China Pivots East, Ends Up In America’s Backyard

By Andrew Korybko, Sputnik News China’s enormous investments in Latin America appear to be paying off, as the country now commands influence all throughout the hemisphere. Its new role in the region could portend an American pushback, however, as Washington becomes more defensive over its traditional backyard. Argentine President Cristina Fernandez de Kirchner’s recent visit to Beijing … Continue reading

Lead From Behind: How Unipolarity Is Adapting To Multipolarity – OpEd

The U.S. is constructing a global system of bilateral and multilateral alliances to assist it in more efficiently projecting power throughout the 21st century. As the world moves towards multipolarity, the U.S. is prepared to exploit this trend to its geopolitical advantage. . By Sputnik News, Andrew Korybko Instead of ‘going it alone’ as Bush was prone … Continue reading

A Big Step Forward for Bolstering Financial Inclusion – IMF

By David Marston, Era Dabla-Norris, and D. Filiz Unsal Economists are paying increasing attention to the link between financial inclusion—greater availability of and access to financial services—and economic development. In a new paper, we take a closer look at exactly how financial inclusion impacts a country’s economy and what policies are most effective in promoting … Continue reading

Russia To Surround USA With Its Influence – OpEd

Russian Defense Minister Sergei Shoigu has recently visited Iran and India, while Federation Council Speaker Valentina Matviyenko has paid a visit to Nicaragua. The officials discussed Russia’s participation in the construction of a transatlantic channel of military and strategic importance. Russia’s most recent agreements became a response to the challenges from the United States. The … Continue reading

An Investor’s Primer To Nicaragua’s Canal

By Daniel Workman Representatives of Nicaragua’s government and the HKND Group broke ground on a new canal that will cross Nicaragua on Monday. Well, they broke ground on an access road required to move supplies to be able to build a  new port along the Pacific; this port is required to be up and running … Continue reading

Nicaragua Starts Work On $50B Rival To Panama Canal That Links Atlantic, Pacific Oceans

The Nicaraguan alternative to the Panama Canal will be a waterway connecting the Atlantic and the Pacific oceans and is to be the most ambitious construction project in Latin America. On Monday Nicaragua officially began work on a canal which will be a competitor to the Panama Canal 600 kilometers south. The Nicaragua canal will … Continue reading

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