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The John Batchelor Show

#NewWorldReport: Panama reorganizes for the future. Latin American Research Professor Evan Ellis, U.S. Army War College Strategic Studies Institute. @revanellis #NewWorldReportEllis

The John Batchelor Show

John Batchelor

News, Arts, Books, Society & Culture

4.52.8K Ratings

🗓️ 11 July 2024

⏱️ 8 minutes

🧾️ Download transcript

Summary


#NewWorldReport: Panama reorganizes for the future. Latin American Research Professor Evan Ellis, U.S. Army War College Strategic Studies Institute. @revanellis #NewWorldReportEllis
https://www.reuters.com/markets/commodities/panama-canal-expects-new-water-reservoir-ship-crossings-6-years-202
4-07-08/

1910 Panama

Transcript

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0:00.0

Oh, he's cute. Mr. I can never sleep when I'm traveling. He's hugging his pillow like a sloth on a branch.

0:10.0

He couldn't sleep before. Now listen to him. Sounds like an elephant with a chest infection.

0:15.0

Well, they call him a dreamer. And now they're right.

0:19.0

All aboard, Mr. I can never sleep when I'm traveling.

0:23.0

Find all the comfort you need in the quiet lounge.

0:26.0

Piando Ferries, there is another way. I'm John Bachelors with Professor Rabinelis of the U.S. Army War College.

0:39.2

The Panama Canal doesn't get any more famous than that.

0:42.4

It's associated with a romantic period

0:44.4

where Teddy Roosevelt was going to remake America's economy for the 20th century.

0:50.5

Reuters reporting, the Panama Canal expects to complete a billion dollar construction of a new water

0:56.7

reservoir within six years that will help ensure passage of 36 ships a day. The Indio River Reservoir Project would become part of the

1:06.7

network of existing artificial lakes that allow for safe passes to the canal and

1:12.3

provide water for human consumption.

1:14.9

You will all recall that the drought that hit Central America these last months meant that there

1:22.1

was not sufficient water in the reservoirs to maintain the

1:26.0

traffic through the Panama Canal and therefore the revenue dropped sharply at the same time

1:32.1

there was disorder over a copper mine there was

1:35.1

disorder over a previous president Martinelli being condemned and he remains

1:39.2

in a Nicaraguan embassy for refuge and there's always an enormous amount of controversy over the

1:45.0

Darien gap, the tens of thousands of people coming through the gap

1:49.4

and heading to America.

1:51.2

So, Professor, there's a new president in Panama and there's a billion dollar

...

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