In this episode of The PDB Afternoon Bulletin:

We'll kick things off with President Trump's address to Congress last night, where he declared that the U.S. is "reclaiming the Panama Canal." His statement comes as we learn that asset manager BlackRock has struck a billion dollar deal to place the canal's ports under U.S. control.

Later in the show, Secretary of State Marco Rubio announced Tuesday that the Trump administration has officially designated the Iranian-backed Houthi rebels of Yemen as a foreign terrorist organization, reimposing a label that former President Joe Biden had lifted.

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PDB Afternoon Bulletin | March 5th, 2025: The US 'Reclaims' The Panama Canal & White House Designates Yemen's Houthis A Foreign Terrorist Organization