Free Republic 4th Qtr 2025 Fundraising Target: $81,000 Receipts & Pledges to-date: $69,371
85%  
Woo hoo!! And now only $289 to reach 86%!! Thank you all very much!! God bless.

Keyword: scarcitygate

Brevity: Headers | « Text »
  • The Panama Canal Is Running Dry:Climate extremes are wreaking havoc on global shipping. [oh, no]

    02/07/2024 4:38:54 AM PST · by xoxox · 76 replies
    Foreign Policy via McKinsey ^ | JANUARY 15, 2024, 8:00 AM | Mie Hoejris Dahl, a Danish freelance journalist based in Mexico City.
    For months, a withering drought has created major traffic jams at the Panama Canal. The drought, which may have been exacerbated by climate change, has left the canal’s water levels lower than ever, forcing Panama to let fewer ships through. The restrictions have led to delays, increased shipping costs, and uncertainty over the future of one of the world’s critical trade chokepoints. “This has fundamentally changed how shipping through the canal works,” said Soren Stokkebaek Andersen, a regional commercial manager at Leth Agencies, a shipping agency.