Panama Canal Authority will extend its advance slot-allocation mechanism for Panamax locks and implement a long-term slot plan for transits from Jan 3 to Apr 3, 2027. Customers using Panamax locks can secure slots in advance via sealed-bid auctions.

Senior U.S. and Indian officials say bilateral trade negotiations have stalled and the odds of reaching a deal are falling. Indian finance minister Nirmala Sitharaman said on Monday at the Munich Security Conference the talks have 'reached a plateau' and further concessions by either side would be very difficult; USTR Greer said on Friday talks were in a final phase but not 'imminent'. Both sides agreed a temporary pact earlier this year and have continued negotiating; India is seeking U.S. guarantees of preferential tariff treatment versus other countries and protection from future punitive measures after any agreement.

A helicopter carrying 25 passengers and 7 crew crashed in southwest Nigeria, the country's aviation minister said.