BlackRock Buys Key Panama Ports Amid U.S.-China Tensions
Washington (Agencies): A consortium led by BlackRock has acquired two key ports on either side of the Panama Canal, Balboa and Cristobal, from Hong Kong-based CK Hutchinson for $19 billion.…
China Builds System Capable of Laying Submarine Cables in Deepest Ocean
Beijing, China (Agencies): Chinese engineers have achieved a groundbreaking milestone by constructing the first cable-laying system capable of reaching the deepest known place in the ocean, the Challenger Deep, located…
China, Russia hold simultaneous joint naval drill, patrol
BEIJING (Agencies): The navies of China and Russia are holding a joint exercise in the South China Sea and a joint maritime patrol in the Pacific Ocean in moves experts…
US to deploy 5 aircraft carriers in western Pacific in show of strength to China
WASHINGTON (Agencies) – As tensions rise in the Indo-Pacific region, the United States is expected to deploy nearly half of its aircraft carrier fleet to the western Pacific this year.…