Panama

Panama (i/ˈpænəmɑː/ PAN-ə-mah ; Spanish: Panamá ), officially the Republic of Panama (Spanish: República de Panamá ), is the southernmost country of Central America. Situated on the isthmus connecting North and South America, it is bordered by Costa Rica to the west, Colombia to the southeast, the Caribbean to the north and the Pacific Ocean to the south. The capital is Panama City.

Explored and settled by the Spanish in the 16th century, Panama broke with Spain in 1821 and joined a union of Nueva Granada, Ecuador, and Venezuela, named the Republic of Gran Colombia. When Gran Colombia dissolved in 1831, Panama and Nueva Granada remained joined. Nueva Granada later became the Republic of Colombia. With the backing of the United States, Panama seceded from Colombia in 1903, allowing the Panama Canal to be built by the U.S. Army Corps of Engineers between 1904 and 1914. In 1977, an agreement was signed for the complete transfer of the Canal from the United States to Panama by the end of the 20th century.

Revenue from canal tolls represents today a significant portion of Panama's GDP. Panama has the third- or fourth-largest economy in Central America and it is also the fastest growing economy and the largest per capita consumer in Central America. In 2010 Panama ranked 4th among Latin American countries in terms of the Human Development Index, and 54th in the world in 2010. As of 2010, Panama is the second most competitive economy in Latin America as well according to the Global Competitiveness Index from the World Economic Forum (WEF). Panama's jungle is home to an abundance of tropical plants, animals and birds – some of them to be found nowhere else in the world.

Read more about PanamaEtymology, History, Politics, Geography, Demographics, Culture, Economy

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Catholic University - List of Catholic Universities - Panama
... Universidad Católica Santa María La Antigua, Panama City. ...
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... State University reported having found what may be one of Morgan's ships off the coast of Panama ... Lajas Reef some sources are stating it was at the mouth of Panama's Chagres River, where a 52-by-22-foot (16 by 7 m) section from the starboard side of a wooden ship's hull was found ... Finds will stay in Panama ...
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... Panama Hattie is a musical with music and lyrics by Cole Porter and book by Herbert Fields and B ... The title is a play on words, referring to the popular Panama hat ...
1903 In The United States - Events - October–December
... November 4 – With the encouragement of the United States, Panama proclaims itself independent from Colombia ... United States recognizes the independence of Panama ... – The Hay-Bunau-Varilla Treaty is signed by the United States and Panama, giving the U.S ...