Panamanian President Jose Raul Mulino declares no more single company concessions for ports previously held by CK Hutchison. Panama’s Supreme Court voided the contracts, citing constitutional violations. China warns Panama of “heavy prices” for ruling, vows to protect Chinese interests. Uncertainty remains on enforcement timeline as CK Hutchison pursues arbitration. Future ownership of ports and $23 billion deal in question.

Read more at Yahoo Finance: Panama’s president says port contracts will not be issued to a single operator