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Panama History

Much of Panama's domestic politics and international diplomacy in the twentieth century was tied to the Panama Canal and the foreign policy of the United States. At the turn of the twentieth century, Theodore Roosevelt pursued United States diplomatic efforts to facilitate a deal with Colombia that would allow it to take over French canal operations started by Ferdinand de Lesseps. In November 1903, the United States supported a covert Separatist Junta consisting of a small number of wealthy
Panamanian landowners and led by Dr. Manuel Amador Guerrero to secede from Colombia.
On 3 November, 1903, Panama declared its independence from Colombia. The President of the Municipal Council, Demetrio H. Brid, highest authority at the time, became its de facto President, appointing a Provisional Government on November 4 to run the affairs of the new republic. The United States, as the first country to recognize the new Republic of Panama, sent troops to protect its economic interests. The 1904 Constituent Assembly elected Dr. Manuel Amador Guerrero, a prominent member of the Conservative political party, as the first constitutional President of the Republic of Panama.

In December 1903, representatives of the republic signed the Hay-Bunau Varilla Treaty which granted rights to the United States to build and administer indefinitely the Panama Canal, which was opened in 1914. This treaty became a contentious diplomatic issue between the two countries, reaching a boiling point on Martyr's Day (9 January 1964). The issues were resolved with the signing of the Torrijos-Carter Treaties in 1977.

Under the Torrijos-Carter Treaties, the United States returned all canal-related lands to Panama on December 31, 1999, but reserves the right to military intervention in the interest of its national security. Panama also gained control of canal-related buildings and infrastructure as well as full administration of the canal.

The people of Panama have already approved the widening of the canal which, after completion, will allow for post-Panamax vessels to travel through it, increasing the number of ships that currently use the canal.
The Province of Chiriqui is positioned just below Bocas del Toro, runs adjacent to the Costa Rica border to it's west and along the Pacific Ocean to it's south. The largest community in this province is David, which is  a short distance from the Pacific coast.  To the north of David lies the "Cordillera Central" mountain range, where one can find the popular tourist areas of  Boquete, Volcan and the Baru Volcano.The mountain portion of Chiriqui has the country's coolest temperatures, and climatic patterns that differ from anywhere else in Panama. There exist communities settled at 6,000 feet above sea level, where the evenings in particular are very cool and damp; temperatures often reach 0 degrees Celsius (32 degrees Fahrenheit), or cooler. It is in this region that coffee is grown, milk and cheese are processed, and ornamental plants are grown for export.


The tropical Isthmus of Panama forms a bridge between South and Central America, and borders Costa Rica to the west and Colombia to the east. Panama City has flights to and from all Central American countries and both North and South America. Major US airlines such as American, Continental and Delta fly to Tocumen Airport in Panama City on a daily basis; Copa Airlines is the national airline.

Panama uses the US dollar as its currency. Don’t be confused by its official name, the Balboa—bills are exactly the same. Panamanian coins are of the same value and size as US coins, which are also accepted.

The climate in Panama varies very little throughout the year. There are only two seasons: the dry season, from January to mid-April, and the rainy season, from mid-April to December. Temperatures usually range between 70°F and 90°F, but it can get a little cooler in the highlands, especially in the province of Chiriqui.

Spanish is the official language, but many people speak English as a second language. The country’s population of almost 3 million reflects a history of mixed ethnicities, due largely to the significant influx of immigrants that arrived during the construction of the Panama Canal. In terms of religion, the Isthmus is predominantly Roman Catholic, but there are some small groups of Muslims, Protestants, Hindus and Jews.

The capital of Panama is a modern, thriving metropolis, with plenty of restaurants, shops and entertainment. Among its main attractions are the Casco Antiguo (or Old District), Panama Viejo (or Old Panama, dating back to the 16 th Century), the Calzada de Amador and, of course, the Panama Canal. For shopping, head to Via España or to one of the new shopping malls, if you want to avoid the heat.

Panama 's economy is based on the service sector, which accounts for three-fourths of the country’s GDP. Besides the Canal, Panama City boasts an important international banking center, while Colon City, on the Caribbean coast, is home to the one of the largest free zones in the world.

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Panama
From Wikipedia, the free encyclopedia

Motto: Latin: Pro Mundi Beneficio
(English: "For the Benefit of the World")
Anthem: Himno Istmeño
Capital
(and largest city)
Panama City
~magnus/geo/geohack.php?params=8_58_N_79_32_W_type:country(75,517)"8°58'N 79°32'W
Official languages
Spanish
Government
constitutional democracy
- President
Martín Torrijos
Independence
- from Spain
28 November 1821
- from Colombia
3 November 1903
Area
- Total
75,517 km² (118th)
29,157 sq mi
- Water (%)
2.9
Population
- July 2005 estimate
3,232,000 (133rd)
- May 2000 census
2,839,177
- Density
43/km² (156th)
111/sq mi
GDP (PPP)
2005 estimate
- Total
$23.495 billion (105th)
- Per capita
$7,283 (83rd)
HDI (2003)
0.804 (high) (56th)
Currency
Balboa and US Dollar (USD) (PAB)
Time zone
(UTC-5)
- Summer (DST)
(UTC-5)
Internet TLD
.pa
Calling code
+507
Panama, officially the Republic of Panama (Spanish: República de Panamá, IPA [re'pußlika ðe pana'ma]), is the southernmost and most developed country of Central America. A transcontinental country, its isthmus constitutes the southernmost part of a natural land bridge between the continents of North America and South America. It borders Costa Rica to the northwest, Colombia to the southeast, the Atlantic Ocean to the north and the Pacific Ocean to the south.

Etymology
There are various stories about the etymology of Panama's name. Some say that it comes from an unspecified indigenous language from words meaning variously "an abundance of fish" or "an abundance of butterflies." Another humorous tale states that the name comes from the indigenous kuna word bannaba, meaning "farther that way," which is what the Kunas told explorers looking for gold.

History of Panama
Much of Panama's domestic politics and international diplomacy in the 20th century was tied to the Panama Canal and the foreign policy of the United States. At the turn of the 20th century, Theodore Roosevelt pursued United States diplomatic efforts to facilitate a deal with Colombia that would allow it to take over French canal operations started by Ferdinand de Lesseps. In November 1903 the United States supported a covert Separatist Junta consisting of a small number of wealthy Panamanian landowners and led by Dr. Manuel Amador Guerrero to secede from Colombia.
On 3 November, 1903, Panama declared its independence from Colombia. The President of the Municipal Council, Demetrio H. Brid, highest authority at the time, became its de facto President, appointing on November 4 a Provisional Government to run the affairs of the new republic. The United States, as the first country to recognize the new Republic of Panama, sent troops to protect its economic interests. The 1904 Constituent Assembly elected Dr. Manuel Amador Guerrero, a prominent member of the Conservative political party, as the first constitutional President of the Republic of Panama.
In December 1903 representatives of the republic signed the Hay-Bunau Varilla Treaty which granted rights to the United States to build and administer indefinitely the Panama Canal, which was opened in 1914. This treaty became a contentious diplomatic issue between the two countries, reaching a boiling point on 9 January 1964: Martyr's Day. These issues were resolved with the signing of the Torrijos-Carter Treaties in 1977.
The original intent of the founding fathers was to bring harmony between the two major political parties (Conservatives and Liberals). The Panamanian government went through periods of political instability and corruption, however, and at various times in its history, the mandate of an elected president terminated prematurely. In 1968, a coup toppled the government of the recently elected Arnulfo Arias Madrid. Gen. Omar Torrijos eventually became the leading power in the governing military junta, and later became an autocratic strong man until his death in an apparent airplane accident in 1981. After Torrijos's death, power was eventually concentrated in the hands of Gen. Manuel Noriega, a former head of Panama's secret police. Noriega was implicated in drug trafficking by the United States, resulting in difficult relations by the end of the 1980’s.
To remove Gen. Manuel Noriega, on December 20, 1989, the United States invaded Panama in a large military operation involving 25,000 United States troops (see US invasion of Panama). Allegedly, the death of an unarmed U.S. soldier in plain clothes in Panama at a Panamanian Defence Forces roadblock was one of the precipitating causes for the invasion along with drug trafficking charges and Noriega's refusal to hand over power after being defeated in elections. However, according to the Panamanian government at the time, the officer's vehicle attempted to drive through the roadblock, which was located near a sensitive military location. A few hours after the invasion, in a ceremony that took place inside a U.S. military base in the former Panama Canal Zone, Guillermo Endara, the winning candidate in the May 1989 elections, was sworn in as the new president of Panama. The invasion occurred 10 years before the Panama Canal administration was to be turned over to Panamanian control, according to the timetable set up by the Torrijos-Carter Treaties. After the invasion, Noriega sought asylum in the Vatican diplomatic mission represented by Monsignor Jose S. Laboa. To induce Noriega's surrender, US forces played loud music outside the embassy. After a few days, Noriega surrendered to the American military, and was taken to Florida to be formally arrested and charged by U.S. federal authorities. He will be eligible for parole in 2007.
Under the Torrijos-Carter Treaties, the United States returned all canal-related lands to Panama on December 31, 1999, but reserves the right to military intervention in the interest of its national security. Panama also gained control of canal-related buildings and infrastructure as well as full administration of the canal.

Politics of Panama takes place in a framework of a presidential representative democratic republic, whereby the President of Panama is both head of state and head of government, and of a pluriform multi-party system. Executive power is exercised by the government. Legislative power is vested in both the government and the National Assembly. The Judiciary is independent of the executive and the legislature.


The nine provinces and three provincial-level comarcas of Panama.
Panama's political divisions are 9 provinces, 75 districts or municipalities, 5 indigenous
Chiriquí
Bocas del Toro
Coclé
Colón
Darién
Herrera
Los Santos
Panamá
Veraguas
Provincial-level comarcas
Emberá
Kuna Yala
Ngöbe-Buglé

Geography of Panama
Panama is located in Central America, bordering both the Caribbean Sea and the North Pacific Ocean, between Colombia and Costa Rica. Its location on the eastern end of the isthmus forming a landbridge connecting Central and South America is strategic. By 1999, Panama controlled the Panama Canal that links the North Atlantic Ocean via the Caribbean Sea with the North Pacific Ocean.
A nearly impenetrable jungle forms the Darien Gap between Panama and Colombia. It creates a break in the Pan-American Highway, which otherwise forms a complete road from Alaska to Chile.
 
Economy of Panama
Panama's economy is service-based, heavily weighted toward banking, commerce, and tourism, due to its key geographic location. The handover of the canal and military installations by the US has given rise to new construction projects. The Martín Torrijos administration has undertaken controversial structural reforms, such as a fiscal reform and a very difficult Social Security Reform. Furthermore, a Referendum regarding the building of a third set of locks for the Panama Canal was approved overwhelmingly (though with low voter turnout) on 22 October 2006. The official estimate of the building of the third set of locks is US$5.25 Billion.
The Panamanian currency is the balboa, fixed at parity with the United States dollar.
Fastest Growing GDP Rate in Latin America
No other country had export and import levels as high as Panama. Its exports of 64 percent of GDP were much higher than the number two in that category, the Dominican Republic (48 percent), while its imports of 61 percent were much higher than Honduras at 51 percent.
Globalism
The high levels of Panamanian trade are in large part due to the Colon Free Trade Zone, the largest free trade zone in the Western Hemisphere. Last year the zone accounted for 92 percent of Panama's exports and 65 percent of its imports, according to an analysis of figures from the Colon zone management and estimates of Panama's trade by the United Nations Economic Commission for Latin America and the Caribbean (ECLAC).
Panama also did well in tourism receipts and foreign direct investment as a percent of GDP (the fourth-highest in Latin America in both categories) and Internet penetration (eight-highest rate in Latin America).
Inflation
Panama, long a bastion of low inflation, will get the honor of having the region's lowest inflation in 2007, according to the IMF. The rate is predicted at 2.3 percent, compared to 2.8 percent estimated for 2006.
Real Estate
Panama City has has seen a race between two rival projects aimed at becoming the tallest building in Latin America. The 104-story residential and hotel building, Ice Tower, is slated to be completed in 2010.
Spain-based Olloqui Group is constructing a 93-floor building, Palacio de la Bahía, located on the Bay of Panama. It is expected to be finished in 2009. The two projects were originally smaller, but subsequently started adding floors to obtain status at the tallest building in the region.
Grupo Mall, another Spanish developer, is building a multitower center of apartments, hotel and commercial mall. The project is scheduled for partial completion in 2009
The real estate boom isn't limited to Panama City, as there are also developments in different parts of the country.
Apart from the existing demand, future developments will also be helped by such factors as the planned expansion of the Panama Canal, a possible refinery by U.S. oil giant Oxy and a new container port near the Pacific entrance of the canal.

Demographics

Demographics of Panama
The culture, customs, and language of the Panamanians are predominantly Caribbean Spanish. Ethnically, the majority of the population is mestizo or mixed Spanish, Chinese , Amerindian, and African descent. Spanish is the official and dominant language; English is a common second language spoken by the West Indians and by many in business and professional fields. More than half the population lives in the Panama City–Colón metropolitan corridor.
The overwhelming majority of Panamanians are Roman Catholic, accounting for almost 80% of the population. Although the Constitution recognises Catholicism as the religion of the great majority, Panama has no official religion. Minority religions in Panama include Protestantism (12%), Islam (4.4%), the Bahá'í Faith (1.2%), Buddhism (at least 1%), Judaism (0.4%), and Hinduism (0.3%). The Jewish community in Panama, with over 10,000 members, is by far the biggest in the region (including Central America, Colombia and the Caribbean). Jewish immigration began in the late 19th Century, and at present there are three synagogues in Panama City, as well as three Jewish schools. Within Latin America, Panama has one of the largest Jewish communities in proportion to its population, surpassed by Uruguay and Argentina. Panama's communities of Muslims, East Asians, and South Asians, are also among the largest.
Panama City hosts one of only seven Bahá'í Houses of Worship in the world. Completed in 1972, it is perched on a high cliff overlooking the canal, and is constructed of local stone laid in a pattern reminiscent of Native American fabric designs.
Panama, because of its historical reliance on commerce, is above all a melting pot. This is shown, for instance, by its considerable population of Chinese origin. (See main article at Chinatowns in Latin America—Panama). Many Chinese immigrated to Panama to help build the Panama Railroad. A term for "corner store" in Panamanian Spanish is el chino, reflecting the fact that many corner stores are owned and run by Chinese immigrants. (Other countries have similar social patterns, for instance, the "Arab" corner store of France.)
There are seven indigenous peoples in Panama:
Emberá
Wounaan
Ngöbe
Buglé
Kuna
Naso (Teribe)
Bribri
The country is also the smallest in Spanish-speaking Latin America in terms of population, with Uruguay as the second smallest (by almost 400,000). However, since Panama has a higher birth rate, it is likely that in the coming years its population will surpass Uruguay's.
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