The comparison is false. The Suez and Panama are man-made canals that charge tolls because they were built, operated, and maintained at enormous cost; large vessels commonly pay hundreds of thousands of dollars per transit.
The Strait of Hormuz is a natural international waterway, not a canal, and ships have traditionally passed without canal-style tolls.
No tolls, just fees? What Iran's plan for Strait of Hormuz means
Turkey's Bosporus is not free eitherโTurkey collected about $227 million annually in transit-related fees under the Montreux Convention.
Tรผrkiye to raise passage fees for foreign ships in Bosporus ...
More importantly, whether a country charges a transit fee has nothing to do with whether its regional behavior is peaceful or destabilizing.
"Iran doesn't charge a canal toll, therefore Iran is the good guy" is simply a non sequitur.
Companies are spending heavily on:
โขAI data centers
โขAdvanced chips and semiconductors
โขCloud computing infrastructure
โขAI software and automation tools
This investment boosts economic activity directly through construction, equipment purchases, and hiring. The IMF notes that accelerated AI adoption is creating a "technology upcycle" that is supporting growth worldwide
#ai #economy
Global social media bans for kids are hitting Big Tech's bottom line hard. Facing $34M+ non-compliance fines, massive age-verification infrastructure costs, and the total loss of a highly lucrative Gen Alpha ad demographic, platforms stand to lose billions.
Are governments actually trying to protect children, or just weaponizing "safety" to cripple the tech economy?