Panama , 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, 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. Commerce, banking, and tourism are major sectors. Panama is regarded as having a high-income economy . In 2019 Panama ranked 57th in the world in terms of the Human Development Index . In 2018, Panama was ranked the seventh-most competitive economy in Latin America, according to the World Economic Forum 's Global Competitiveness Index. Panama was ranked 84th in the Global Innovation Index in 2023. Covering around 40 percent of its land area, Panama's jungles are home to an abundance of tropical plants and animals – some of them found nowhere else on earth.
Panama is a founding member of the United Nations and other international organizations such as the Organization of American States , Latin America Integration Association , Group of 77 , World Health Organization , and Non-Aligned Movement . (Full article... )
Rivera with the New York Yankees in 2007
Mariano Rivera (born November 29, 1969) is a Panamanian-American former professional baseball pitcher who played 19 seasons in Major League Baseball (MLB) for the New York Yankees , from 1995 to 2013. Nicknamed "Mo " and "Sandman ", he spent most of his career as a relief pitcher and served as the Yankees' closer for 17 seasons. A thirteen-time All-Star and five-time World Series champion, he is MLB's career leader in saves (652) and games finished (952). Rivera won five American League (AL) Rolaids Relief Man Awards and three Delivery Man of the Year Awards , and he finished in the top three in voting for the AL Cy Young Award four times. He was inducted into the Baseball Hall of Fame as part of its class of 2019 in his first year of eligibility, and is to date the only player ever to be elected unanimously by the Baseball Writers' Association of America (BBWAA).
Raised in the modest Panamanian fishing village of
Puerto Caimito , Rivera was an amateur player until he was signed by the Yankees organization in 1990. He debuted in the major leagues in 1995 as a
starting pitcher , before permanently converting to a relief pitcher late that year. After a breakthrough season in 1996 as a
setup man , he became the Yankees' closer in 1997. In the following seasons, he established himself as one of baseball's top relievers,
leading the major leagues in saves in 1999, 2001, and 2004. Rivera primarily threw a sharp-moving, mid-90s mile-per-hour
cut fastball that frequently broke hitters' bats and earned a reputation as one of the league's toughest
pitches to hit. With his presence at the end of games, signaled by his foreboding entrance song "
Enter Sandman ", Rivera was a key contributor to the Yankees'
dynasty in the late 1990s and early 2000s that won four championships in five years. He was an accomplished
postseason performer, winning the 1999
World Series Most Valuable Player (MVP) Award and the
2003 AL Championship Series MVP Award , while setting postseason records that included lowest
earned run average (ERA) (0.70) and most saves (42). (
Full article... )
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That the pearls in the Spanish Crown came from Panama?
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