[LINK] Finally, the Nicaragua Canal?

[rfmcdonald]

The Latin Business Chronicle carries a report regarding Nicaragua's interest in building the Nicaragua Canal, an oft-discussed route that would connect the Atlantic and Pacific oceans via Lake Nicaragua. If the canal was built, the income might well transform Nicaragua's economy, making the country one of the richest in Central America. "If" is the major question: The impoverished country would require foreign funding to build the canal, and international capital might well prefer a modernization and expansion of the existing Panama Canal to a second, entirely new project.