Guardian: Once sailing ships battled their way through the seas off Cape Horn. Now container vessels make their way through the Panama canal. The purpose is the same: to link the markets of the Pacific world with those of the Atlantic, trading the raw commodities and consumer goods that power the global economy. Like the Suez canal, the Panama canal is a vital pinch point and an immensely profitable strategic asset. Last week oil traders scrambled to plan alternative supply routes in the event that the Egyptian......
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Panama canal: Imperial trade routes
Posted by Washington Post: Juliet Eilperin on February 15th, 2011
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