Panama Canal's administrator Jorge Quijano speaks during a press conference in Panama City, Thursday, Jan. 2, 2014. The consortium responsible for most of the canal's expansion issued an ultimatum Wednesday giving the Panama Canal Authority 21 days to pay for a cost overrun that's roughly half the Canal's original 3.2 billion-U.S.dollar bid to build a third set of locks. Quijano, said the dispute won't delay the completion of the canal expansion and that Panama is ready to finish it if necessary.
src:IANS