Nicaragua gives Chinese firm contract to build alternative to Panama Canal

Project will reinforce China's growing influence on global trade and weaken US dominance over a key shipping route

guardian.co.uk, Jonathan Watts and agencies, Thursday 6 June 2013

Nicaragua's new waterway will be a higher-capacity alternative to the 99-year-old
 Panama Canal (pictured), which is currently being widened at the cost of $5.2bn.
Photograph: Danny Lehman/Corbis

Nicaragua has awarded a Chinese company a 100-year concession to build an alternative to the Panama Canal, in a step that looks set to have profound geopolitical ramifications.

The president of the country's national assembly, Rene Nuñez, announced the $40bn (£26bn) project, which will reinforce Beijing's growing influence on global trade and weaken US dominance over the key shipping route between the Pacific and Atlantic oceans.

The name of the company and other details have yet to be released, but the opposition congressman Luis Callejas said the government planned to grant a 100-year lease to the Chinese operator.

The national assembly will debate two bills on the project, including an outline for an environmental impact assessment, on Friday.

Nicaragua's president, Daniel Ortega, said recently that the new channel would be built in the north of the country, through the waters of Lake Nicaragua.

The new route will be a higher-capacity alternative to the 99-year-old Panama Canal, which is currently being widened at the cost of $5.2bn.

Last year, the Nicaraguan government noted that the new canal should be able to allow passage for mega-container ships with a dead weight of up to 250,000 tonnes. This is more than double the size of the vessels that will be able to pass through the Panama Canal after its expansion, it said.

According to a bill submitted to congress last year, Nicaragua's canal will be 22 metres deep, 20 metres wide and 286 km (178 miles) long - bigger than Panama and Suez in all dimensions.

Under the initial plans for the project, the government was expected to be the majority shareholder, with construction taking 10 years and the first ship passing through the canal within six years. It is unclear if this is still the case.

Two former Colombian officials recently accused China of influencing the international court of justice to secure the territorial waters that Nicaragua needs for the project.

In an op-ed piece for the magazine Semana, Noemí Sanín, a former Colombian foreign secretary, and Miguel Ceballos, a former vice-minister of justice, said a Chinese judge had settled in Nicaragua's favour on a 13-year-old dispute over 75,000 square kilometres of sea.

They said this took place soon after Nicaraguan officials signed a memorandum of understanding last September with Wang Jing, the chairman of Xinwei Telecom and president of the newly established Hong Kong firm HK Nicaragua Canal Development Investment Company, to build and operate the canal.

Nicaragua has accused Colombia and Costa Rica, which also has a claim on territory likely to be used by the new canal, of trying to prevent the project going ahead.

Additional reporting by Gareth Richards

The planned rail line would run alongside the Panamanian border

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"The Recalibration of Awareness – Apr 20/21, 2012 (Kryon channeled by Lee Carroll) (Subjects: Old Energy, Recalibration Lectures, God / Creator, Religions/Spiritual systems  (Catholic Church, Priests/Nun’s, Worship, John Paul Pope, Women in the Church otherwise church will go, Current Pope won’t do it),  Middle East, Jews, Governments will change (Internet, Media, Democracies, Dictators, North Korea, Nations voted at once), Integrity (Businesses, Tobacco Companies, Bankers/ Financial Institutes, Pharmaceutical company to collapse),  Illuminati (Started in Greece, with Shipping, Financial markets, Stock markets, Pharmaceutical money (fund to build Africa, to develop)), Shift of Human Consciousness, (Old) Souls, Women, Masters to/already come back, Global Unity.... etc.) - (Text version) 

“… The Illuminati

One more. "Kryon, what about the Illuminati?" OK, I'll tell you, for these things are already known by many.

Everything you thought about the Illuminati of the past is correct. This was not conspiracy, but fact. However, in the light of what I just said above, it could not sustain itself in an energy where everyone talks to everyone, and has since gone dormant.

The Illuminati was based in Greece, and it started by controlling the most potent economic attribute that could manipulate the strings of commerce on the earth - shipping. Once they had control of shipping, what followed was financial markets. This, then, worked its way to insurance, world stock markets and banking. This was prevalent for decades, right up to the mid '80s.

I have a question for the elders in the room. Look back in your lifetime, dear ones. What was the stock market like when you were younger? If you remember, you will say it had incremental changes up and down, except for occasional major shifts - which, by the way, were also controlled. It was steady, up or down. It didn't vacillate wildly, with hundreds of point-shifts from month to month. It never did. That's what a controlled market looks like. Now take a look at your current stock market. Does it look controlled? It is not! It is free-wheeling and it can go wherever it is driven by normal financial activity.

This should tell you something, dear ones. The Illuminati is no longer in control. It lost in banking, in tobacco, and it's about to lose in big pharma and insurance because awareness lets people know what is controlled and what is not. Awareness of truth will trump any other energy, and integrity will win some major battles.

So, did the Illuminate die? No. They simply lost their method of control. ...”