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| | Five years after handover, Panama Canal making money, looking to expand (Site not responding. Last check: 2007-11-06) |
 | | On Friday, five years to the day after Panama took control of the canal, the country is looking forward, not back, proudly noting that the canal has doubled its income, lowered its accident rate and is considering its most ambitious expansion plan ever. |
 | | Ten percent of the world's ships are unable to pass through the narrow waterway, and the canal says the expansion would help it remain one of the fastest and easiest shipping routes between the Pacific and Atlantic oceans. |
 | | The treaties gave Panama 360,240 acres of real estate that made up the Canal Zone, a fenced-in U.S. civilian and military enclave that was a sort of miniature, tropical United States. |
| www.sfgate.com /cgi-bin/article.cgi?f=/news/archive/2004/12/30/financial1404EST0124.DTL (763 words) |
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