Panama Row Over Costly Canal Contract - Presented by: The Aol. On Network

It's one of the most important cargo routes in the world. And a third set of locks for the Panama Canal would double its capacity. But the project has hit a brick wall. The Spanish-led consortium building it says flawed geographical studies carried out by the Canal authority had caused unforeseen setbacks. It wants an extra $1 billion to complete the final quarter of the contract. That, says the canal administrators, is not acceptable.



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