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"Nicaragua's parliament is due to vote on Thursday on one of the biggest infrastructure projects in Latin America's history - a trans-oceanic canal that is to be built and run by a Chinese company. If it goes ahead, the $40bn (£26bn) scheme, which is twice as expensive as Brazil's Belo Monte dam and likely to be three times longer than the Panama canal, looks set to transform global shipping and jump start the economy of this Central American nation"

"Nicaraguan officials say construction of a $50bn (£31bn) canal linking the Atlantic and the Pacific oceans will start on 22 December."