Lucas Ramirez, Joseph Contreras – sons of ex-MLB stars – steal WBC spotlight

HOUSTON — Baseball is rarely easy to predict, and so Lucas Ramirez has made a habit of the next best thing.

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In the months leading up to hisWorld Baseball Classicdebut forTeam Brazil against Team USA, the outfielder ritually practiced affirmations and visualizations to prepare for his entry onto baseball's international scene.

"Ever since the (WBC) qualifiers, I was envisioning that first at-bat bomb," Ramirez said. "And it's crazy that it actually happened. For five months, I've been – every time before I go to bed after I pray, I visualize it. And it happened."

So when Ramirez rounded the bases at Daikin Park on Friday night after he delivered a leadoff home run in Brazil's first at-bat of the tournament – one of two solo home runs he hit in the game – he screamed, "I told you!"

"I say go out there with confidence (and) you can do anything you speak," Ramirez said later. "If you say it out loud, it'll happen. I'm telling you. It will happen."

Although Team USA broke the game open in the late innings for a 15-5 win over Brazil, two of Brazil's youngest players provided the team's brightest moments.

At 20 years and 49 days old, Ramirez is the youngest player in WBC history with a multi-homer game. His teammate, Brazil pitcher Joseph Contreras, the youngest player in the tournament at 17 years and 291 days old, got USA captain Aaron Judge toground into an inning-ending double playwith the bases loaded.

United States right fielder Aaron Judge (99) reacts after hitting a home run during the first inning against Brazil at Daikin Park. United States right fielder Aaron Judge (99) hits a home run during the first inning against Brazil at Daikin Park. United States center fielder Pete Crow-Armstrong (4) during batting practice before the game against Brazil at Daikin Park. Brazil first baseman Dante Bichette Jr. talks on the field before the game against the United States at Daikin Park.

All the electric moments from USA-Brazil World Baseball Classic game

When asked how that moment ranked in his career, Contreras, a senior at Blessed Trinity Catholic High School in the Atlanta suburbs, said, "That has to be up there. That's definitely like a top two moment. I would say the first one obviously was winning the state championship back home. There's nothing better than winning it all."

Both players represent Brazil because of their mothers' heritage and are the sons of MLB legends. Ramirez's father Manny won two World Series titles with the Red Sox and was a 12-time All-Star. Contreras' father José was a World Series champion with the White Sox in 2005 and an All-Star in 2006.

Both fathers were in the stands at Daikin Park on Friday to watch their sons' WBC debuts. The performances the sons delivered were proof that they can create their own legacies.

"Having Manny Ramirez as my father is obviously a good thing and a bad thing," Lucas Ramirez said. "It's a little hard. Everybody expects so much. That's why, maybe, I visualize and say things, I guess – because I got to paint my own picture. I got to be Lucas Ramirez, and I got my own path."

He wasted little time. Judge's two-run shot in the top of the first inning gave the USA an early 2-0 lead that was halved a short time later.

Leading off the game for Brazil against San Francisco Giants ace Logan Webb, Ramirez deposited a low inside-corner fastball over the wall in right-center field. Feet from where the ball landed, the Brazilian contingent in the home bullpen went berserk, with one reliever even hanging over the fence.

Besides thinking about hitting a bomb, Ramirez said another thought crossed his mind right before he went up to the plate.

"I'm gonna go out there and give it my all, and I'm just gonna have fun," he said. "Too many people work on the field and they make baseball their whole life. They have a bad game, and they're going to have a bad attitude the whole rest of their day. Like, this is temporary. We're here temporarily, and we're gonna go out there and have fun and be in life."

In the top of the second inning, Contreras took over for Brazil starter Bo Takahashi and exacted revenge against Judge, but not before getting into a jam.

After retiring the first batter he faced, Contreras gave up a hard-hit double to Brice Turang and surrendered back-to-back walks to Bobby Witt Jr. and Bryce Harper to load the bases for Team USA's captain.

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Contreras got to a 1-1 count against Judge and threw a two-seamer on the inside of the plate. Judge grounded into a 5-4-3 double play to end the inning. Osvaldo Carvalho, Brazil's first baseman, pumped his fist wildly while Contreras walked to the dugout and collected high-fives and pats on the back.

"It was just a surreal experience," Contreras said. "I tried to visualize on that and make sure keep breathing, but as soon as the lights came on and I was on the mound, it was like 'Alright, now you got to face Byron Buxton. OK, now it's real.' Game sped up on me a little bit but now I know for the next time."

Following his scoreless frame, Contreras allowed two of the next three batters he faced to reach base before Kyle Schwarber scored on a wild pitch and knocked the teenager out of the game with Brazil trailing 3-1. Still, Team USA came away impressed by Contreras' outing.

"Impressive. I know I wasn't doing that at that age, that's for sure," Judge said. "Just great stuff. I know he had some poise on the mound. He's throwing up to 100 miles an hour. He's facing Team USA, a lot of guys he has seen on TV or different things like that. It was just impressive seeing him control himself out there and get out of a big jam."

In the eighth inning, Ramirez blasted another home run on a one-out pitch from USA reliever Gabe Speier, making the score 8-5.

When Ramirez and Team Brazil manager Yuichi Matsumoto exited the interview room after the game, a Team USA contingent was waiting in the hallway for their turn. USA manager Mark DeRosa told Ramirez, "Way to swing the bat!" Judge shook hands with Ramirez, who in turn asked the three-time American League MVP to take a selfie with him.

Ramirez plays in the Los Angeles Angels organization and spent the 2025 season at the High-A level. Contreras will graduate from high school this spring and is committed to play college ball at Vanderbilt, if he is not drafted by an MLB organization.

Neither has made it to the majors yet, though each inherited certain traits from their dads.

Ramirez mirrors his father's swing mechanics, though he was taught to hit lefty instead of righthanded. The 20-year-old was drafted in the 17th round in 2024 and last March helped Brazil qualify for the WBC.

The first pitch Contreras learned how to throw was his father's infamous forkball. The son is 6-foot-4, tall and lanky like his father, and possesses the same quiet confidence.

"Oh man, that kid is something special," Ramirez said. "Obviously, he comes from a father who plays baseball as well, so that's been great. That kid's going to be lights out one day."

Ramirez regularly takes Christmastime trips to Brazil to visit his grandmother and grandfather, who own a livestock farm there. He said playing for Team Brazil has only strengthened his connection to the country. Ramirez, who speaks fluent Spanish as well as some Portuguese, has asked older players about Brazil's lone prior WBC appearance in 2013 and been taught by some teammates how to dance to Brazilian funk music.

Friday night's loss to the USA in pool play left Brazil still searching for its first WBC win after going 0-3 in the 2013 tournament. Brazil is scheduled to play remaining pool games against Italy, Mexico and Great Britain in Houston.

The final scoreline could have been worse, but Team USA's offense was more junk than juggernaut. Despite Brazil's pitchers walking 17 batters, hitting two more batters and incurring three pitch clock violations, the Americans hit 5-for-21 with runners in scoring position and stranded 13 baserunners.

What most fans will remember about the night, however, is how two burgeoning stars stole the spotlight from the tournament favorite.

Certainly, Ramirez and Contreras will never forget it. And next time Ramirez goes to visualize his success, he can close his eyes and picture those moments again and again.

This article originally appeared on USA TODAY:Manny Ramirez's son a star for Brazil in WBC game vs USA

Lucas Ramirez, Joseph Contreras – sons of ex-MLB stars – steal WBC spotlight

HOUSTON — Baseball is rarely easy to predict, and so Lucas Ramirez has made a habit of the next best thing. In...
Alex Ovechkin calls Capitals' trade of John Carlson 'the toughest day in my career'

The Washington Capitals made one of the most surprising moves of the NHL trade deadline bydealing defenseman John Carlson, the second-longest tenured player on the team, to the Anaheim Ducks.

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Their longest-tenured player has some thoughts on that.

Speaking with reporters the day after the Capitals announced the move,which will net them a conditional first-round pick and a 2027 third-round pick, all-time NHL leading goal-scorer Alex Ovechkin went beyond calling it a sad day:

"Obviously a sad day. Probably the toughest day in my career, talking personal-wise. It sucks. It's sad."

Ovechkin and Carlson had been teammates for 17 years, going back to the defenseman's NHL debut in 2010. Along with other franchise staples like Nicklas Backstrom, the pair presided over an era of Capitals history defined by regular playoff appearances and their Stanley Cup title in 2017-18.

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Carlson ranks behind only Ovechkin in games played for the Capitals and behind only Backstrom and Ovechkin on the franchise's all-time assists leaderboard. Ovechkin believes the franchise has never had a better blueliner:

"He's obviously the best defenseman in this franchise's whole history, leader. Obviously, an unbelievable man and a great friend for all of us. It's hard. It's a hard day."

WASHINGTON, DC - OCTOBER 31: Alex Ovechkin #8 of the Washington Capitals speaks with John Carlson #74 during the second period of the game against the New York Islanders at Capital One Arena on October 31, 2025 in Washington, DC. (Photo by Scott Taetsch/Getty Images)

The move answers one question for the franchise, making clear general manager Brian MacLellan is prioritizing the future over the 2025-26 season, but makes another question even more pressing.

Ovechkin is a free agent after this season, in which he holds an $8 million cap hit, andhe's been fairly mum on what he's planning to do.There are indications he'd like to return to his native Russia and play in the KHL before retirement,but he's going to have options regardless.

Asked about his future with the Capitals on Friday, he basically just shrugged:

"I don't know. I'm still here, so we'll see. We'll see what's going to happen, but yeah, it's a hard one."

The Capitals traded another of their most tenured players on Friday as well, sending longtime fourth-line center Nic Dowd to the Vegas Golden Knights. Ovechkin and Tom Wilson are now the only active Capitals players who made their debuts with the team before 2019.

Alex Ovechkin calls Capitals' trade of John Carlson 'the toughest day in my career'

The Washington Capitals made one of the most surprising moves of the NHL trade deadline bydealing defenseman John Carlson...
What to know: Downtown Anchorage braces for a canine takeover as the Iditarod's 54th run begins

ANCHORAGE, Alaska (AP) — Hundreds of barking dogs will take over downtown Anchorage on Saturday for the ceremonial start of the world's most famous sled dog race. The event, catered to fans who hope to see and cheer on their favorite mushers, takes place a day before the competitive start.

Associated Press FILE - Michelle Phillips (14), of Canada, mushes down Fourth Street during the Ceremonial Start of the Iditarod Trail Sled Dog Race, in Anchorage, Alaska, March 1, 2025. (AP Photo/Amanda Loman, File) FILE - Susan Butcher races in the Iditarod Trail Sled Dog Race, in Anchorage, Alaska, March 7, 1987. (AP Photo/Rob Stapleton, File) FILE - Ryan Redington of Knik, Alaska, grandson of Joe Redington Sr., the father of the Iditarod, drives his team on the Yukon River past the bluffs near Grayling, Alaska, on the Iditarod Trail Sled Dog Race, March 10, 2007. (AP Photo/Al Grillo)

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Here's what to know about the 54th running of the Iditarod Trail Sled Dog Race, which features a new amateur category and financial support from a Norwegian billionaire.

What is the Iditarod?

The Iditarod was conceived by co-founders Dorothy Page and Joe Redington Sr. as a long-distance sled dog race to honor both Alaska's mushing tradition and the Iditarod Trail. That was a 938-mile (1,510-kilometer) freight and mail route that ran from Seward on Alaska's southern coast to Nome, on the Bering Sea on Alaska's western coast.

The start of the race was placed in the Anchorage area to energize residents of the state's largest city. The lateHoward Farleywas instrumental in making Nome, about 1,000 miles (1,610 kilometers) away, the finish line.

Thirty-four mushers started the 1973 race, but only 22 finished.

Dick Wilmarth won it in 20 days. He never raced again. When asked why, he once said, "Cause I won."

Since then, mushers have become faster and faster, with winners reaching the finish line a block off the Bering Sea in about 10 days.

It's a small field of competitive mushers

The number of mushers jostling to be the first to Nome has varied over the years, but the retirements of many longtime mushers and thehigh cost of supplies, such as dog food, have kept the fields small this decade.

The largest field was 96 mushers starting the race in 2008. Over the race's first five decades, about 60 competed on average. Just 33 started the race in 2023 and 2025 — the fewest ever.

This year, 34 mushers are competing, matching the number who started in 1973. They will glide their sleds over 11 miles (18 kilometers) of trails in Anchorage past cheering fans on Saturday. The competitive 1,000-mile (1,610-kilometer) race starts Sunday on a frozen lake about 75 miles (120 kilometers) north of Anchorage.

A Norwegian billionaire provides financial backing

There actually are 37 mushers in this year's race, but three are not eligible for the championship or prize money. The Iditarod has started a new Iditarod Expedition Musher Program, which allows people to race in the honorary category.

Participating this year will be Norwegian billionaire Kjell Rokke, who now lives in Switzerland, and Canadian entrepreneur Steve Curtis. Unlike Iditarod contestants, they are allowed outside help.

Norwegian musher Thomas Waerner, whowon the 2020 Iditarodand then famously was stuck in Alaska for three months because of the COVID-19 pandemic, will provide support for Rokke running a dog team. Four-time champion Jeff King will aid Curtis on a snowmachine.

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Rokke is providing financial support to the race, including boosting the race purse by $100,000 to a total of $650,000 and providing $170,000 in support for the 17 Alaska Native villages that serve as checkpoints.

Iditarod CEO Rob Urbach said Rokke's donation to the purse should raise the payouts to competitors, with the winner getting about $80,000, well above the nearly $57,000 paid to the top musher last year.

"I believe it is healthy for the sport to evolve and look at new opportunities," Waerner told The Associated Press in an interview conducted by private message. "The cost of running a competitive kennel has increased significantly over the years, and this initiative is an attempt to explore more sustainable ways to finance both a racing kennel and the race itself — while maintaining high standards for dog care, training, competition, and overall quality."

Curtis, whose addition was only announced three days before the ceremonial start, was also expected to provide financial support to the Iditarod, but details were not immediately available.

This year's field includes four competitive mushers from other countries: two from Canada, one from Norway and one from Denmark.

Three former champions

Even though Waerner is ineligible to win, the field includes three other former champions all looking for their second title:defending champion Jessie Holmes, 2023 championRyan Redingtonand 2019 winnerPete Kaiser.

Holmes, a former reality television star on National Geographic's "Life Below Zero," is trying to join former champions Susan Butcher andLance Mackeyas the only mushers to win their second title the year after winning their first.

Both Butcher and Mackey went on to win four championships apiece. Each died from cancer, Butcher in 2006 and Mackey in 2022.

Redington is the grandson of Joe Redington Sr., the race's co-founder, and Kaiser was the fist Yup'ik to win the race.

Over the mountains and through the snow

Deep snow should greet mushers along much of the 1,000-mile (1,610-kilometer) trek to the state's western coast.

The route takes mushers over two mountain ranges, the frozen Yukon River and treacherous Bering Sea ice before ending on Front Street in Nome.

The finish line is near City Hall, built on the former site of The Dexter, a bar that was owned by Wyatt Earp — he of the Gunfight-at-the-OK-Corral fame — during Nome's heady gold rush days.

The winner is expected to reach Nome early the week of March 16.

What to know: Downtown Anchorage braces for a canine takeover as the Iditarod’s 54th run begins

ANCHORAGE, Alaska (AP) — Hundreds of barking dogs will take over downtown Anchorage on Saturday for the ceremonial start ...
Iran's president defies US demands but apologizes for strikes on neighbors

DUBAI, United Arab Emirates (AP) — Iran's president said Saturday that a demand by the United States for an unconditional surrender is a "dream that they should to take to their grave."

Associated Press Smoke rises following an Israeli airstrike in Dahiyeh, Beirut's southern suburbs, in Beirut, Lebanon, Friday, March 6, 2026. (AP Photo/Hussein Malla) Israeli soldiers work on tanks at a staging area in northern Israel near the border with Lebanon, Friday, March 6, 2026. (AP Photo/Ariel Schalit) Iranians attend Friday prayers in the courtyard of the Imam Khomeini Grand mosque in Tehran, Iran, Friday, March 6, 2026. (AP Photo/Vahid Salemi) Shiite Muslims shout slogans as they burn effigies of President Donald Trump and Israeli Prime Minister Benjamin Netanyahu during a protest against the killing of Iran's Supreme Leader Ayatollah Ali Khamenei, in Budgam, northeast of Srinagar, Indian controlled Kashmir, Friday, March 6, 2026. (AP Photo/Dar Yasin) Women hold Iranian flags and pictures of the late Iranian Supreme Leader Ali Khamenei as government supporters march against the ongoing U.S.-Israeli military campaign after Friday prayers at the Imam Khomeini Grand mosque in Tehran, Iran, Friday, March 6, 2026. (AP Photo/Vahid Salemi)

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President Masoud Pezeshkian made the statement in a prerecorded address aired by state television.

He also apologized for Iran's attacks on regional countries, insisting that Tehran would halt them and suggesting they were caused by miscommunication in the ranks. His statement aired after repeated attacks Saturday morning on Bahrain, Saudi Arabia and the United Arab Emirates.

Also Saturday, long-haul carrier Emirates said that "'all flights to and from Dubai have been suspended until further notice" after an Iranian attack earlier in the morning.

Passengers at Dubai International Airport, the world's busiest for international travel, heard a boom while sheltering in train tunnels at the massive facility.

Emirates has been trying to get its sprawling travel network up and running after several days of halting flights over the war.

THIS IS A BREAKING NEWS UPDATE. AP's earlier story follows below.

DUBAI, United Arab Emirates (AP) — Intense Iranian fire targeted the Gulf Arab states early Saturday as Israel and the United States kept up their airstrikes targeting the Islamic Republic.

There was no foreseeable end to the fighting. U.S. President Donald Trump's administration approved a new $151 million arms sale to Israel after Trump said he would not negotiate with Iran without its "unconditional surrender" and U.S. officials warned ofa forthcoming bombing campaignthey said would be the most intense yet in the weeklong conflict.

Iran's U.N. ambassador said the country would "take all necessary measures" to defend itself.

Associated Press video showed explosions flashing and smoke rising over western Tehran as Israel said it had begun a broad wave of strikes. Also early Saturday, loud booms sounded in Jerusalem and incoming missiles from Iran had people heading to bomb shelters across Israel.

There were no immediate reports of casualties by Israel's emergency services.

The U.S. and Israel have battered Iran with strikes, targeting its military capabilities, leadership and nuclear program. The stated goals and timelines for the warhave repeatedly shifted, as the U.S. has at times suggested it seeks to topple Iran's governmentor elevate new leadership from within.

Iran strikes Gulf States as fighting spreads

In a sign of the widening nature of the conflict, sirens sounded early Saturdayin Bahrainas Iranian attacks targeted the island kingdom. AndSaudi Arabiasaid it destroyed drones headed toward its vast Shaybah oil field and shot down a ballistic missile launched toward Prince Sultan Air Base, whichhosts U.S. forces.

In Dubai, several blasts were heard Saturday morning and the government said it had activated air defenses. Passengers waiting for flights out at Dubai International Airport, the world's busiest for international travel, found themselves ushered down into train tunnels at the sprawling airfield after the alert sounded.

Qatar's energy minister, Saad al-Kaabi, warned in an interview with the Financial Times that the war could "bring down the economies of the world," predicting a widespread shutdown of Gulf energy exports that could send oil to $150 a barrel.

The price for a barrel of benchmark U.S. crude rose above $90 on Friday for the first timein more than two years.

Writing for the Qatar-funded satellite news network Al Jazeera, a regional analyst warned Iran was making "a strategic miscalculation of historic proportions." Al Jazeera, a pan-Arab satellite news network owned and funded by Qatar's government, has been used in the past to signal Doha's opinions on regional matters.

Sultan al-Khulaifi, a senior researcher at the Center for Conflict and Humanitarian Studies, wrote: "By spreading the conflict to the Gulf, Tehran is doing precisely what Israel could not do alone: steering the war away from the Israeli-Iranian axis and transforming it into a confrontation between Iran and its Arab neighbors."

On Saturday, the defense minister of Saudi Arabia and Pakistan's army chief met to discuss ways to stop the attacks coming from Iran, the state-run Saudi Press Agency reported. Saudi Prince Khalid bin Salman, a son of King Salman, talked with Field Marshal Asim Munir in Riyadh about the Iranian attacks. Saudi Arabia and nuclear-armed Pakistan have signed a mutual defense pact that defines any attack on either nation as an attack on both.

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Russia is providing information to Iran, officials say

Russia has provided Iran with information that could help Tehran strike American warships, aircraft and other assets in the region, according to two officials familiar with U.S. intelligence on the matter.

The people, who were not authorized to comment publicly and spoke on the condition of anonymity, cautioned that the U.S. intelligence has not uncovered that Russia is directing Iran on what to do with the information.

Still, it's the first indication that Moscow has sought to get involved in the war.

Trump says US will help rebuild Iran once it has 'ACCEPTABLE' leaders

In a social media post Friday, Trump said "There will be no deal with Iran except UNCONDITIONAL SURRENDER!" After a surrender, "and the selection of a GREAT & ACCEPTABLE Leader(s)," he wrote, the U.S. and its allies will help rebuild Iran, making it "economically bigger, better, and stronger than ever before."

Those comments were likely to raise further questions about the endgame of the war. The fighting has killed at least 1,230 people in Iran, more than 200 in Lebanon and around a dozen in Israel, according to officials in those countries.Six U.S. troopshave been killed.

Iranian President Masoud Pezeshkian wrote on social media that "some countries" had begun mediation efforts, without elaborating.

Iranian state television reported Friday that a leadership council had started discussing how to convene the country's Assembly of Experts, which willselect the new supreme leader.

US official warns that 'biggest bombing' is coming

U.S. Treasury Secretary Scott Bessent said in a television interview on Friday that the "biggest bombing campaign" of the war was still to come.

Israel has said that over the past week it has heavily bombed an extensive underground bunker that Iranian leaders had planned to use during the hostilities.

New information surfaced suggesting that a deadly Feb. 28 explosion at a school in the Iranian city of Minab, some 1,100 kilometers (680 miles) southeast of Tehran, was likely caused by U.S. airstrikes. The information included satellite images, expert analysis, a U.S. official and public information released by U.S. and Israeli military forces.

Iranian state media has said more than 165 people were killed in the blast, most of them of children.

Iran has blamed Israel andthe U.S.for the explosion. Neither country has accepted responsibility, though Defense Secretary Pete Hegseth has said the U.S. is investigating.

Fighting with Israeli troops reported in eastern Lebanon

The Iranian-backed militant group Hezbollah said its fighters clashed with an Israeli force that landed late Friday in the mountains of eastern Lebanon. The Lebanese Health Ministry said at least three people were killed.

Israel did not acknowledge the fighting, and its military did not immediately respond to requests for comment.

Israel has carried out waves of airstrikes on the southern suburbs of Beirut, where Hezbollah has a large presence but which is also home to hundreds of thousands of civilians.

Lebanon's Health Ministry said at least 217 people have been killed by Israeli strikes since Monday and 798 wounded.

Roads in the Lebanese capital were choked with evacuating traffic as smoke rose over the city's southern districts. Two hospitals evacuated patients and staff.

"What can we do? We prayed here under the tree. During the night, we slept in the car because there is no place to stay," Jihan Shehadeh, one of the tens of thousands of displaced, said.

Metz reported from Ramallah, West Bank, Rising from Bangkok and Abou AlJoud from Beirut. Associated Press journalists around the world contributed.

Iran's president defies US demands but apologizes for strikes on neighbors

DUBAI, United Arab Emirates (AP) — Iran's president said Saturday that a demand by the United States for an unconditi...
Hong Kong firm seeks $2 billion over Panama's takeover of 2 key canal ports

HONG KONG (AP) — A subsidiary of a Hong Kong-based company that has lost control of two critical ports on the Panama Canal said it is seeking $2 billion of compensation in damages from Panama over its "illegal" takeover of the ports.

Associated Press

Panama Ports Company, a unit of Hong Kong's CK Hutchison Holdings, said in a Friday statement that it is demanding the sum underinternational arbitration proceedingsthat it had already started.

Panama's government last weekseizedcontrol of the Balboa and Cristobal ports on each end of the Panama Canal, a crucial waterway for maritime trade, after the country's Supreme Courtdeclaredearlier that a concession allowing the Panama Ports Company to run the pair of ports was unconstitutional.

Panama Ports Company operated the two ports since 1997 and had only renewed its concession in 2021 for another 25 years. Beijing and Hong Kong's governmentshad also hit backat Panama over the seizure of the two ports.

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The two ports came into the spotlight after U.S. PresidentDonald Trump,early last year, accused China of "running" the Panama Canal.

After CK Hutchison announceda dealin March last year that it would sell the bulk of their dozens of global ports, including the two Panama ports, to a consortium that involved U.S. investment firm BlackRock in a $23 billion deal, Beijing was quick to protest and the deal has been largely stalled over the past months.

CK Hutchison and the Panama Ports Company "will not relent and they are not coming for some token relief – they will assert all of their rights and damages they are due because of the radical breaches and anti-investor conduct of the Panamanian State," Friday's statement said.

In the statement, Panama Ports Company also said the Panamanian state had previously misstated the compensation figure sought in press comments. Panama Economy Minister Felipe Chapman had earlier said the company wasseeking $1.5 billionin compensation.

In a separate statement on Friday, CK Hutchison accused Panama of occupying the two ports andtaking the propertyand personnel of the Panama Ports Company "without transparency." The company also said it would continue to "pursue recourse to available national and international legal proceedings" on the matter.

Hong Kong firm seeks $2 billion over Panama's takeover of 2 key canal ports

HONG KONG (AP) — A subsidiary of a Hong Kong-based company that has lost control of two critical ports on the Panama Cana...

 

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