As Egypt is set to inaugurate its ‘new’ Suez Canal in an extravagant event that will see several world leaders converge at the opening ceremony, international media has been busy publishing numerous reports and analyses on the impacts of the New Suez Canal. Below is a snippet of various international media outlets’ coverage of the new canal. The New York Times In David Kirkpatrick’s New York Times’ article on the New Suez Canal, the focus is on what the new Canal means for President Abdel Fattah Al-Sisi’s power and reputation. The article does not go into much detail or analysis about the Canal, but cites economists as saying that the Canal is “unlikely to transform the water passage from the Mediterranean to the Red Sea. The added capacity will do little, they say, because the canal has not been operating at full capacity anyway, and global shipping remains in a slump.” Particularly, David Kirkpatrick focuses on the celebrations and Egyptian media coverage of the event. Bloomberg In one of the most widely shared pieces about the Suez Canal, Bloomberg’s Ahmed Feteha writes a detailed piece which questions whether the world…
