https://finance.yahoo.com/news/panama-canal-drying-bonds-getting-151404166.html

Panama’s Canal Is Drying Up and Its Bonds Are Getting Hit Hard

Anyone know more about this situation? It seems like a (temporary?) water situation is getting hyped to fuel financial fall-out to me blamed on "climate change".

"The lake has long been suffering with erratic rainfall in what is normally one of the world’s wettest countries. Now, an El Nino weather pattern threatens to further reduce water levels."

"long been suffering"

"The canal authority has restricted the number of ships that can cross to about 32 and forced those that are allowed to enter to reduce their drafts, meaning they take less cargo. Typically about 38 vessels navigate it daily, according to the canal authority.==

Another story said 40 vessels were typical (last year, though)

https://phys.org/news/2023-08-drought-hit-panama-canal-restrict-access.html

https://phys.org/news/2023-08-drought-hit-panama-canal-restrict-access.html

"In 2022, an average of 40 ships crossed through the canal a day, a number which has now dropped to 32 to save water."

From the first reference. This says a lot in my opinion: "For investors, the long line of cargo vessels anchoring at the mouths of the 50-mile canal was confirmation that the effects of climate change were catching up with the canal — and the economy."

>>19435619

Could it be related to this?

https://en.wikipedia.org/wiki/Dog_days

"The dog days or dog days of summer are the hot, sultry days of summer. They were historically the period following the heliacal rising of the star system Sirius (known colloquially as the "Dog Star"), which Hellenistic astrology connected with heat, drought, sudden thunderstorms, lethargy, fever, mad dogs, and bad luck. They are now taken to be the hottest, most uncomfortable part of summer in the Northern Hemisphere."

Not saying I believe it myself, but why have a "National Dog Day" this time of year unless connected in some manner to "dog days" of summer.

This gives other tie-ins to movies, etc.

https://en.wikipedia.org/wiki/Dog_Days_(disambiguation)