Panama

Country Panama
Capital Panama City
Continent North America(Central America)
Currency Balboa(PAB) & United States dollar(USD)
Languages Spanish

Panama City

Information

Introduction

Explored and settled by the Spanish in the 16th century, Panama broke with Spain in 1821 and joined a union of Colombia, Ecuador, and Venezuela - named the Republic of Gran Colombia. When the latter dissolved in 1830, Panama remained part of Colombia. With US backing, Panama seceded from Colombia in 1903 and promptly signed a treaty with the US allowing for the construction of a canal and US sovereignty over a strip of land on either side of the structure (the Panama Canal Zone). The Panama Canal was built by the US Army Corps of Engineers between 1904 and 1914. In 1977, an agreement was signed for the complete transfer of the Canal from the US to Panama by the end of the century. Certain portions of the Zone and increasing responsibility over the Canal were turned over in the subsequent decades. With US help, dictator Manuel NORIEGA was deposed in 1989. The entire Panama Canal, the area supporting the Canal, and remaining US military bases were transferred to Panama by the end of 1999. In October 2006, Panamanians approved an ambitious plan (estimated to cost $5.3 billion) to expand the Canal. The project, which began in 2007 and could double the Canal's capacity, is expected to be completed in 2014-15.

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References

Panama - Wikipedia
Panama - CIA World Fact Book
Panama - BBC
Panama - Timeline - BBC

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News Headlines

Google News
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Panama says sunken Iranian tanker had papers in order - Channel NewsAsia

Panama says sunken Iranian tanker had papers in order
Channel NewsAsia
PANAMA CITY: The Iranian tanker that sank after a collision in the East China Sea, causing the worst oil ship disaster in years, had its paperwork in order, according an initial review by maritime authorities in Panama, whose flag it was sailing under ...

and more »


Service members punished for bringing women back to Panama ... - ABC News

ABC News



FSU to offer new engineering degrees at Panama City campus - WTXL ABC 27

WTXL ABC 27

FSU to offer new engineering degrees at Panama City campus
WTXL ABC 27
The university will begin offering a bachelor's degree in mechanical engineering and a master's degree in systems engineering. The programs are in partnership with the FAMU-FSU College of Engineering. FSU to offer new engineering degrees at Panama City ...



Panama hotel owners want Trump's name off the property - NBCNews.com

NBCNews.com

Panama hotel owners want Trump's name off the property
NBCNews.com
Owners of a Trump-branded skyscraper hotel in Panama are suing the hotel arm of President Donald Trump's business, according to a complaint filed in federal court in New York on Tuesday. The owners are demanding the termination of the management ...
Trump International Accused of Bullying Panama Hotel OwnersBloomberg
Panama hotel votes to drop Trump, but his company won't go: Travel ...Travel Weekly

all 9 news articles »


Smithsonian Releases Endangered Frogs in Panama - Smithsonian's National Zoo and Conservation Biology Institute (press release)

Smithsonian's National Zoo and Conservation Biology Institute (press release)

Smithsonian Releases Endangered Frogs in Panama
Smithsonian's National Zoo and Conservation Biology Institute (press release)
Once common along highland streams in western Costa Rica and Panama, the variable harlequin frog, Atelopus varius, is endangered throughout its range, decimated by a disease caused by the amphibian chytrid fungus. On Jan. 17, Smithsonian researchers ...



Panama's Ministry of Economy and Finance Presents to National Assembly Landmark Legislation to Criminalize Tax ... - PR Newswire (press release)

Panama's Ministry of Economy and Finance Presents to National Assembly Landmark Legislation to Criminalize Tax ...
PR Newswire (press release)
The initiative looks to add "Crimes against the National Treasury" (Chapter XII), to Title VII of Panama's Criminal Code, and would protect Panama's financial center as well as the logistical activities and legal services against possible abuses from ...

and more »


Panama City Beach moving forward with funding for new fire station - WJHG-TV

WJHG-TV

Panama City Beach moving forward with funding for new fire station
WJHG-TV
PANAMA CITY BEACH, Fla. (WJHG/WECP) - A new fire station is set to open in Panama City Beach, but locals are divided on how the project will be paid for. Last week the Panama City Beach city council passed a law to assess properties in the city to pay ...

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EU recommends removing Panama and 7 others from tax haven blacklist - Financial Times

NDTV

EU recommends removing Panama and 7 others from tax haven blacklist
Financial Times
European officials have recommended that eight countries, including Panama and Tunisia be moved from the EU's tax haven blacklist to its grey list, after they promise to reform. The Europe Council's group of tax experts the so-called Code of Conduct ...
EU to remove Panama, Korea, UAE, 5 others from tax haven blacklistReuters
EU To Remove Panama, Seven Others From Tax Haven Blacklist: SourceNDTV
EU to remove Panama, seven other countries from tax haven blacklist: SourceHindustan Times

all 27 news articles »


FSU Panama City to offer new engineering programs from the FAMU-FSU College of Engineering - Florida State News

Florida State News

FSU Panama City to offer new engineering programs from the FAMU-FSU College of Engineering
Florida State News
FSU Panama City's new engineering programs represent an expansion of the FAMU-FSU College of Engineering. FSU Panama City announced it will add two new engineering programs in fall 2018. The university will begin offering a bachelor's degree in ...



Panama Papers scandal: NAB springs into action against Moonis, Aleem Khan - The News International

The Nation

Panama Papers scandal: NAB springs into action against Moonis, Aleem Khan
The News International
LAHORE: The National Accountability Bureau (NAB) has sprung into action against politicians whose names had appeared in the Panama Papers for establishing offshore companies, it was learnt. On the orders of NAB Chairman Justice (retd) Javed Iqbal ...
NAB seeks details of offshore companies owned by Aleem Khan, Moonis ElahiDAWN.com

all 2 news articles »