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Panama Canal sees low growth in 2015

Friday, October 17, 2014


 

The Panama Canal is expected to receive a lower volume of cargo next year, as it faces a weaker global economy.

The effects of Germany's decision to cut spending on Europe's economy is of particular concern, said the Canal's administrator, Jorge Quijano.

Another reason that would affect the usage of the Panama Canal is a sliding tendency in the prices of fuels.

Full story (in Spanish)