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In 1501, Rodrigo de Bastidas was the first European to explore the Isthmus of Panama sailing along the eastern coast. A year later Christopher Columbus on his fourth voyage, sailing south and eastward from upper Central America, explored Bocas del Toro, Veragua, the Chagres River and Portobelo (Beautiful Port) which he named.
The secession of Panama from Colombia was formalized on 3 November 1903, with the establishment of the Republic of Panama and the abolition of the Colombia-Costa Rica border. From the Independence of Panama from Spain in 1821, Panama had simultaneously declared independence from Spain and joined itself to the confederation of Gran Colombia ...
The balance concerned trade of the North Americans with Europe and Asia. The railroad company, because of its exceptionally high financial return, paid a total of nearly US$38 million in dividends between 1853 and 1905. Panama received US$25,000 from Colombia's annuity and benefited from transient trade and some inflow of capital.
Panama, [a] officially the Republic of Panama, [b] 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, the Caribbean Sea to the north, and the Pacific Ocean to the south.
Panama's first act of separation from Spain came without violence. When Simón Bolívar's victory at Boyacá on August 7, 1819, clinched the liberation of New Granada, the Spanish viceroy fled Colombia for Panama, where he ruled harshly until his death in 1821. His replacement in Panama, a liberal constitutionalist, permitted a free press and ...
The U.S. signed a treaty in 1903 that allowed it to build and operate the Canal. President Jimmy Carter gave control back to Panama in 1978 under a new treaty. One expert, though, said Cuomo’s ...
Contiguous transcontinental states are those countries that have one continuous or immediately adjacent piece of territory that spans a continental boundary.More specifically, they contain a portion of their territory on one continent and a portion of their territory on another continent, while having these two portions connected via a natural geological land connection (e.g. Russia) or the ...
The Panama Canal is an 82-km (51-mile) artificial waterway that connects the Pacific and Atlantic Oceans through Panama, saving ships thousands of miles and weeks of travel around the stormy, icy ...