Panama. On June 22, Panama was removed from the list compiled by the OECD on countries that are failing in international cooperation on economic crime. President Mireya Moscoso stated that the efforts made since last year to tighten up legislation in this area have borne fruit and that Panama, which has long been a known cure for money laundering, has received recognition for it. A conference on illegal money laundering was also held in Panama at the end of August.
In mid-August, violent riots occurred in the city of Colón, when an umbrella organization for the unemployed demonstrated against the failure of promised government measures against unemployment. The demonstration began peacefully, but degenerated when the protesters went on a rampage and caused $ 1 million in damages.
Work to improve communications in the channel zone continued during the year. In December, the widening of the canal’s narrow passage at Corte Culebra was completed, and on July 1, a railway line connecting the Caribbean with the Pacific Ocean was opened. There are also plans to build a second bridge across the canal, in addition to the 40-year-old Puente de las Américas.
- Abbreviationfinder: lists typical abbreviations and country overview of Panama, including bordering countries, geography, history, politics, and economics.
Tropical climate; always humid in the north, alternately humid in the south. The average annual temperature is 26 ° C, in the mountains it is a little cooler.
The annual rainfall is around 4500 mm in the north and only 2000 mm in the south. In the south there is a short dry season, especially from January to April.
PANAMA – COUNTRY IN THE SHADOW OF THE CHANNEL
Panama City was founded by the Spanish conquerors in 1519. Numerous ethnic populations have contributed to the city’s development into the current international metropolis. This can be seen e.g. In Panamanian food culture, a mix of Spanish, African and indigenous cuisine.
Only a short distance from the city can be seen the passage of ships on the Panama Canal, completed in 1914. The Panama Stock is at its narrowest at this point, only 82 kilometers. At the turn of the millennium, Panama celebrated the transfer of the canal from the United States to Panama’s property.
The country, which under Spanish rule was the place to load and store gold from Peru and when other countries became independent in the 19th century only part of New Granada, made up of Colombia and Venezuela, threatened to be a permanent transit point between North and South America unless the California gold rush and the Caribbean Sea would have burst into flames. The canal project was of particular interest to the United States, but the reluctant Colombia, to which Panama thus belonged, was reluctant to discuss the matter. With the help of a small group of independence, the United States organized independence for Panama in 1903 and began negotiations with this fast-paced independent state on the construction of the canal.
According to Countryaah, the population of Panama in 2001 was 3,330,106, ranking number 131 in the world. The population growth rate was 1.910% yearly, and the population density was 44.7971 people per km2.