As we noted in Insider Report for February 14, President Trump stunned everyone, us included, with his announcement that the United States would be “reclaiming” the Panama Canal. He prominently reiterated this to a worldwide audience during his address to the Joint Session of Congress on March 4. Earlier in the day, news outlets announced that CK Hutchison Holding had brokered a deal to offload its Panama Canal port holdings to a consortium headed by BlackRock. The Hong Kong-Beijing conglomerate (formerly known as Hutchison Whampoa, before its 2015 merger with Cheung Kong Holdings) has been China’s key instrument for controlling the Panama Canal and influencing the Panamanian government.

Now, as we experienced more than four decades ago, the same controlled regime media still insists that fears of China controlling the canal through Hutchison are farfetched. After all, Hutchison is a private company. Yes, well, that lie was exposed many years ago. For details about Hutchison Whampoa’s direct, close ties to the CCP, see our January 31, 2000 article “Reclaim Our Canal,” which covers 16 fallacies about the Canal and the Carter- Torrijos treaties.

Your editor was just about to do a one-hour program on the Panama Canal on national radio show on March 4 when a news flash on the BlackRock-Panama deal caught my eye. This is how the Associated Press described it: “In a filing, CK Hutchison Holding said Tuesday that it would sell all shares in Hutchison Port Holdings and in Hutchison Port Group Holdings to the BlackRock consortium in a deal valued at nearly $23 billion, including $5 billion in debt. The deal has to be approved by Panama’s government….”

So, assuming the deal goes through, is this a good fix? Well, arguably it is marginally better, in that at least the U.S. Government would have leverage over an American-led consortium that it does not enjoy in the current setup. However, we don’t need to run through the extensive litany of concerns over BlackRock and its CEO Larry Fink to point out that this is far from the ideal solution. BlackRock and Fink have been in the forefront of the globalist World Economic Forum’s Great Reset. Fink is the world corporate leader, using BlackRock’s $10 trillion clout, who pushed other corporations to support DEI, ESG, Agenda 2030, Net Zero, Green New Deal, carbon capture, etc. Fink, of course, is a member of the Council on Foreign Relations and BlackRock is a corporate CFR member at the highest level.

We reported in the opening phase of the Biden-Harris administration:

Following the UN script, BlackRock’s Fink declares that “human-produced emissions need to decline by 8-10% annually between 2020 and 2050 and achieve ‘net zero by mid-century.” “It’s important to recognize,” Fink admits, “that net zero demands a transformation of the entire economy.” That is precisely what UN officials have been saying for years. As we reported nearly a decade ago, then-UN climate chief Christiana Figueres told delegates at the 2012 Climate Summit in Doha, Qatar: “It must be understood that what is occurring here, not just in Doha, but in the whole climate change process is a complete transformation of the economic structure of the world.”

BlackRock, Citigroup, and the rest of the Wall Street globalist gang repeat the UN’s completely unsubstantiated and unscientific claim that human-produced greenhouse gasses are causing an “existential threat,” a “climate emergency.” They are insisting that America strip itself of carbon-based energy now while China merely pledges to go “carbon neutral nearly forty years from now, in 2060. What could possibly go wrong with that deal? By that time our economy would be totally shredded by Biden’s destructive energy-gutting Green New Deal, while China would have become the new global hegemon bestriding the world.

China, until very recently, has been an obsession with the Fink/BlackRock gang. Fink has been willing to turn a blind eye to Xi’s totalitarian rule and the CCP’s ongoing bloody record of mass murder, torture, religious persecution, organ harvesting, female gendercide, mass surveillance, censorship, fentanyl warfare, data hacking, pandemic response, cyber warfare, intellectual property theft, technology theft, aggressive espionage, and more. No matter, Fink the DEI/ESG moralist looked the other way and played the total sycophant to the Beijing thugs. In 2021, his servile obeisance was rewarded when the CCP allowed BlackRock to become the first global asset manager to operate a wholly owned onshore mutual fund business in China. Supposedly, he has cooled somewhat on China over the past year. Or is that all show? And do Xi and the CCP view the switch out from Hutchison to BlackRock as an acceptable (even preferable) change … for the time being? — WFJ

(Article "Panama Canal: From CCP to CFR/BlackRock?" imported from The Insider Report - March 7, 2025 - A product of The New American)