Tuesday, January 02, 2007

Could this be the end of the Monroe Doctrine?

"hopes are set on a contract under which Hutchison Ports, a Hong Kong company, will invest some $500m to expand the city's deep-water port. The plan is to increase its capacity to 1.6m TEUs (twenty-foot equivalent units, the standard measure of container traffic) over the next decade or so, according to Paul Gallie, Hutchison's boss in Ecuador."