Nov 21, 2014

Construction of Nicaragua interocean canal to begin Dec. 22

Construction of Nicaragua’s $50 billion Interoceanic Grand Canal, expected to rival the Panama Canal, will begin Dec. 22 after feasibility studies have been approved, the committee overseeing the project said on Thursday. The route suggested for the 172-mile (278-km) canal, which would be longer, ...

Oct 14, 2014

Powerful earthquake strikes off El Salvador

A magnitude 7.3 earthquake struck late on Monday off the coast of El Salvador and Nicaragua and was felt across Central America, killing at least one person, but there were no immediate reports of major damage. El Salvador’s emergency services said a dozen homes ...

'Ordinary' billionaire behind canal project

May 5, 2014

'Ordinary' billionaire behind canal project

Wang Jing, the enigmatic businessman behind Nicaragua’s $50 billion Interoceanic Grand Canal, shrugs off skepticism about how a little-known entrepreneur can be driving a huge transcontinental project, insisting he is not an agent of the Beijing government. “I know you don’t believe me,” said ...