Word: canally
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Last week President Reagan announced that the U.S. would withhold $6.5 million in fees collected by the Panama Canal Commission and scheduled to be paid to the Panamanian government this week. The money was held, said Washington, at the request of Delvalle, whom the U.S. continues to recognize as Panama's President. Reagan also suspended trade preferences that will affect $96 million in commerce between the U.S. and Panama. There will be no "business as usual" with the Noriega regime, the President said. Secretary of State George Shultz argued that a severe economic squeeze would force Noriega out. Other officials...
...Angry dock workers moved huge blockades across the entrance to their port near the Panama Canal to fight off an army takeover by troops loyal to Noriega...
...United States has applied economic pressure, including blocking the transfer of currency to Panama and witholding Panama Canal fees, in an attempt to encourage the ouster of Noriega...
...Balboa Port, about a mile outside the Panama Canal, about 300 striking dock workers moved carsized containers across the port entrance to fight off an army takeover ordered Thursday by the government...
Ports at Panama City and Colon, used primarily to receive and ship cargo, closed earlier in the week when dock workers angry about not being paid went on strike. The Panama Canal Commission said the shutdowns had no effect on its operations...