Nicaragua to Build $30 Billion Waterway to Rival Panama Canal - News and Current Events | futures io social day trading
futures io futures trading


Nicaragua to Build $30 Billion Waterway to Rival Panama Canal
Updated: Views / Replies:288 / 0
Created: by kbit Attachments:0

Welcome to futures io.

(If you already have an account, login at the top of the page)

futures io is the largest futures trading community on the planet, with over 90,000 members. At futures io, our goal has always been and always will be to create a friendly, positive, forward-thinking community where members can openly share and discuss everything the world of trading has to offer. The community is one of the friendliest you will find on any subject, with members going out of their way to help others. Some of the primary differences between futures io and other trading sites revolve around the standards of our community. Those standards include a code of conduct for our members, as well as extremely high standards that govern which partners we do business with, and which products or services we recommend to our members.

At futures io, our focus is on quality education. No hype, gimmicks, or secret sauce. The truth is: trading is hard. To succeed, you need to surround yourself with the right support system, educational content, and trading mentors – all of which you can find on futures io, utilizing our social trading environment.

With futures io, you can find honest trading reviews on brokers, trading rooms, indicator packages, trading strategies, and much more. Our trading review process is highly moderated to ensure that only genuine users are allowed, so you don’t need to worry about fake reviews.

We are fundamentally different than most other trading sites:
  • We are here to help. Just let us know what you need.
  • We work extremely hard to keep things positive in our community.
  • We do not tolerate rude behavior, trolling, or vendors advertising in posts.
  • We firmly believe in and encourage sharing. The holy grail is within you, we can help you find it.
  • We expect our members to participate and become a part of the community. Help yourself by helping others.

You'll need to register in order to view the content of the threads and start contributing to our community.  It's free and simple.

-- Big Mike, Site Administrator

Reply
 
Thread Tools Search this Thread
 

Nicaragua to Build $30 Billion Waterway to Rival Panama Canal

  #1 (permalink)
Elite Member
Aurora, Il USA
 
Futures Experience: Advanced
Platform: TradeStation
Favorite Futures: futures
 
kbit's Avatar
 
Posts: 5,872 since Nov 2010
Thanks: 3,301 given, 3,332 received

Nicaragua to Build $30 Billion Waterway to Rival Panama Canal

The 51 mile Panama Canal was built back in 1914 to offer ships a faster route between the Atlantic and Pacific Oceans. Five percent of the annual world trade passes through the canal, more than one million ships since 1914, which last year helped generate $1 billion for Panama in 2011.

Nicaragua was considering the construction of its own canal, until Panama beat them to it, however once again the rumours of a Nicaraguan Canal are surfacing, with countries such as China, Russia, Brazil, and Japan, willing to invest $30 billion in order to develop another route between the Atlantic and Pacific. The Nicaraguan government hopes that the waterway will promote foreign investment and development in the country, which is the second poorest in the Americas, after Haiti.

Eden Pastor, the leader of the project, has said that his team has “had talks with Japan, China, Russia, Venezuela, Brazil and South Korea and everyone is interested” in contributing to the $30 billion plan.

On Tuesday the Nicaraguan President, Daniel Ortega, submitted a draft bill for consideration which detailed six potential routes for the new canal, one of which would pass through the San Juan river on the border of Costa Rica.

At the moment the Panama Canal is in the middle of a $5.25 billion project designed to expand its size and allow for larger ships, but the Nicaraguan Canal will be built even wider and deeper in order to accommodate the largest ships that wish to pass through.


Nicaragua to Build $30 Billion Waterway to Rival Panama Canal

Reply With Quote

Reply



futures io > > > > Nicaragua to Build $30 Billion Waterway to Rival Panama Canal

Thread Tools Search this Thread
Search this Thread:

Advanced Search



Upcoming Webinars and Events (4:30PM ET unless noted)

Linda Bradford Raschke: Reading The Tape

Elite only

Adam Grimes: TBA

Elite only

NinjaTrader: TBA

January

Ran Aroussi: TBA

Elite only
     

Similar Threads
Thread Thread Starter Forum Replies Last Post
Plans for a New Pipeline to Rival Keystone XL kbit News and Current Events 0 March 29th, 2012 10:52 PM
Two Iranian naval ships have sailed through Egypt's Suez Canal into the Mediterranean GridKing News and Current Events 1 February 20th, 2012 05:10 PM
Founder Of $30 Billion Hedge Fund BlueCrest Says Most Euro Banks Are Insolvent; Euro Quick Summary News and Current Events 0 December 15th, 2011 01:30 PM
BOA needs-to-build-50-billion-cushion-for-housing-loss kbit News and Current Events 2 July 19th, 2011 02:53 PM
Mortgage exec gets 30 years for $3 billion fraud kbit News and Current Events 1 June 30th, 2011 09:21 PM


All times are GMT -4. The time now is 02:53 AM.

Copyright © 2017 by futures io, s.a., Av Ricardo J. Alfaro, Century Tower, Panama, +507 833-9432, info@futures.io
All information is for educational use only and is not investment advice.
There is a substantial risk of loss in trading commodity futures, stocks, options and foreign exchange products. Past performance is not indicative of future results.
no new posts
Page generated 2017-12-12 in 0.06 seconds with 19 queries on phoenix via your IP 54.90.207.75