For five years, a multibillion-dollar expansion has been underway on the Panama Canal so that ships three times the current size can pass through the vital waterway. The new, wider canal will alter global trade routes and dramatically increase revenue for Panama's government, primarily from toll charges.
The expansion is more than two-thirds done, but now a funding dispute between the builders and the canal operators threatens to bring construction to a halt.
Originally published on Wed January 8, 2014 8:41 pm
This post was updated at 7:45 p.m.
Two crew members who were rescued after the U.S. Navy helicopter they were in went down in the Atlantic Ocean near Virginia have died, The Virginian-Pilot reports. They were among the four crew members taken to a hospital today. One crew member died soon after being rescued; the second died later Wednesday.