Panama Canal expansion in doubt yet again as saga grinds on


  • World
  • Friday, 21 Feb 2014

A general view of the construction site of the Panama Canal Expansion project is seen on the outskirts of Colon City January 2, 2014. REUTERS/Carlos Jasso

PANAMA CITY/MADRID (Reuters) - A deal to resume work on the multibillion-dollar Panama Canal appeared in doubt on Thursday, just hours after an apparent breakthrough, in the latest twist in a protracted dispute over massive cost overruns.

The Panama Canal Authority said late on Wednesday that the Spanish-led consortium expanding the major world waterway had agreed to restart work first thing on Thursday after a two-week stoppage.

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