The chapter discusses the current crisis at the Panama Canal due to a severe drought in Panama, leading the Panama Canal Authority to limit ships passing through and reduce their weight. It highlights the impact on global shipping trade, the shortage of fresh water, and potential solutions such as damming up the Indio River.
A drought has dramatically reduced the Panama Canal’s capacity, leading to higher costs and big delays for US-bound goods. Reporter Mie Dahl and economics professor Sharat Ganapati deliver the shipping news.
This episode was produced by Jesse Alejandro Cottrell and Haleema Shah, edited by Matt Collette, fact-checked by Laura Bullard, engineered by Patrick Boyd, and hosted by Noel King.
Transcript at vox.com/todayexplained
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