Nicaraguan President Daniel Ortega Monday launched the blueprints for a 445-kilometer long canal through his country linking the Caribbean SSea with the Pacific Ocean, which would be an ...

China’s ambitious plan to construct a massive canal through Nicaragua threatens to reshape global trade, challenging the dominance of the Panama Canal and raising geopolitical tensions.

President Manuel Ortega said on Saturday that the construction of a massive inter-oceanic canal in Nicaragua that could significantly alter global trade would start at the end of 2014.

When construction crews begin digging a new canal this month across Nicaragua, connecting the Pacific and Atlantic, it’ll be a boon to global shipping and, the government says, to the economy of ...