Article

2010-11-14 Caribbean-Latin America

Iran, Venezuela plan to build rival to Panama Canal

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Posted by tu3031 2010-11-14 09:13|| || Front Page|| [2 views ] Top

#1 Good luck with that -- it will only cost a few hundred BILLION to complete and several hundred lives due to endemic fevers in the route of the Nicaraguan Canal. Plus, the fact that there are active volcanoes in the area might make it a little more difficult. There is a reason why the PANAMA Canal was built where it was.

Posted by Shieldwolf 2010-11-14 15:53|| 2010-11-14 15:53|| Front Page Top

#2 A pretty little engineering problem that will need to be solved at the same time that the Panama Canal is in the midst of a five-year program to widen and deepen it to enable the passage of today's largest ships, currently unable to enter. Still, if the economy picks up, there'd be enough business for two canals, I should think. In the meantime, where will Nicaragua find the funds to pay for the work?

Posted by trailing wife 2010-11-14 16:01|| 2010-11-14 16:01|| Front Page Top

#3 "Iran, Venezuela plan to build rival to Panama Canal"

Hilarity ensues......

Posted by Eohippus Hupoth3220 2010-11-14 17:10|| 2010-11-14 17:10|| Front Page Top

#4 "In the meantime, where will Nicaragua find the funds to pay for the work?"

China?

Posted by European Conservative 2010-11-14 17:15|| 2010-11-14 17:15|| Front Page Top

#5 China already runs the Panama Canal via a Chinese Hong Kong corporation named Hutchison Whampoa operating under the name Hutchison Port Holdings

that link is ten yrs old...

Posted by Frank G 2010-11-14 17:27|| 2010-11-14 17:27|| Front Page Top

#6 Nicaragua is one of the few countries that still have diplomatic relationships with Taiwan.

Watch that space

Posted by European Conservative 2010-11-14 17:54|| 2010-11-14 17:54|| Front Page Top

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