Withing the usual cacophony on world monetray and macro matters, it is changes like these which are expected to reshape the world economy.
Canals played a major role in world trading and there has been huge politics around their construction. Panama Canal was also one such canal which overnight allowed ships to move from Atlantic Ocean to Pacific Ocean by crossing the canal instead of rounding the South American continent coastline.
The Panama Canal is being revamped now and is being widened. It will now be able to take wider ships across Pacific:
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Utopia, you are standing in it! 
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