Save the Cruces Trail and Panama Canal Watershed

THE BUZZ A $50 Billion Chinese Canal in Nicaragua? Julian Snelder January 22, 2015 in Share 1 There is pride in Hong Kong that a local private company is pushing ahead with perhaps the world's largest-ever civil works project, the 280km long, 500m wide Nicaragua Canal . Construction began in December 2014. The South China Morning Post  dismisses outside suspicions  while modestly describing the scheme as being “centered on the creation of a more just, reasonable and equitable world order.” That a private company should be undertaking such munificence is remarkable. One thing's for certain: it can't be doing it for the money. Financially the  numbers don't add up . At a cost of at least US$50 billion, the project will take many years and require tens of thousands of workers. Legal, social, corruption and environmental concerns aside (and all are daunting), the financial returns are violently challenged. The century-old Panama Cana...

22 January 2015   Last updated at  05:02 GMT Share this page Print Share Facebook Twitter Egypt seeks to build confidence with second Suez Canal By Orla Guerin BBC News, Cairo "Officials say the new waterway will be a symbol of the new Egypt" Continue reading the main story Egypt transition Revolution map Mubarak cases Sisi's first 100 days Mystery man Few things in Egypt are more iconic, revered and profitable than the Suez Canal. So in a bid to refloat the country's ailing economy, President Abdul Fattah al-Sisi is building another one. He broke ground on the second Suez Canal last August, at a ceremony full of pomp and patriotism. With fighter jets conducting aerial displays overhead, Egypt's new strongman promised it would be "a channel of prosperity". Tight deadline It was not plain sailing at the start. There was some flooding at the drilling site in September. Added to that, commemorative sta...