Introduction
Panama ( /ˈpænəmɑː/ ⓘ PAN-ə-mah, /pænəˈmɑː/ pan-ə-MAH; Spanish: Panamá IPA: [panaˈma] ⓘ), officially the Republic of Panama, is a country in Latin America at the southern end of Central America, bordering South America. It is bordered by Costa Rica to the west, Colombia to the southeast ( Colombia–Panama border), the Caribbean Sea to the north, and the Pacific Ocean to the south. Its capital and largest city is Panama City, whose metropolitan area is home to nearly half the country's over 4 million inhabitants.0 Before the arrival of Spanish colonists in the 16th century, Panama was inhabited by a number of different indigenous tribes. It broke away from Spain in 1821 and joined the Republic of Gran Colombia, a union of Nueva Granada, Ecuador, and Venezuela. After Gran Colombia dissolved in 1831, Panama and Nueva Granada eventually became the Republic of Colombia. With the backing of the United States, Panama seceded from Colombia in 1903, allowing the construction of the Panama Canal to be completed by the United States Army Corps of Engineers between 1904 and 1914. The 1977 Torrijos–Carter Treaties agreed to transfer the canal from the United States to Panama on December 31, 1999. The surrounding territory was first returned in 1979. Revenue from canal tolls continues to represent a significant portion of Panama's
GDP, especially since the
Panama Canal expansion project (finished in 2016) has doubled its capacity. Selected article -Ernesto Pérez Balladares González-Revilla (born June 29, 1946), nicknamed El Toro ("The Bull"), is a Panamanian politician who was the President of Panama between 1994 and 1999. Educated in the United States, Pérez Balladares worked as a banker before becoming part of the government of military ruler Omar Torrijos; in 1989, he also served as campaign manager for the pro- Manuel Noriega presidential candidate Carlos Duque. He was elected president in 1994 as the candidate of the Democratic Revolutionary Party (PRD), in a close three-way race with Arnulfista Party candidate Mireya Moscoso and salsa singer Ruben Blades. ( Full article...)
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