A cargo ship is pictured crossing through the Miraflores locks, a day before the inauguration of the Panama Canal Expansion project, in Panama City, Panama June 25, 2016. Panama opened the long-delayed expansion of its shipping canal on Sunday with just a dozen of the 70 heads of state invited to see the debut of the third set of locks attending the ceremony. Analysts said the rank of those leading the delegations was affected by the Panama Papers scandal, in which millions of documents were leaked from law firm Mossack Fonseca, revealing how some of the world’s richest people use offshore companies to avoid tax and launder money. Panama’s foreign ministry said the event was a diplomatic success, with representatives from nearly all the invited countries in attendance, including from China, Japan, Peru, South Korea, Colombia and Mexico, as well as executives from top shipping firms and thousands of […]