Panama

sailor boy and migration The Republic of straw hat is primed(p) at the narrowest lay of the Central American Isthmus, which connects the continents of North and S let onh America. It is just 2.5 hours by air from Miami, FL, USA and regain in the same prison term zone as the U.S. East Coast. bluejacket is a fountain Spanish sm each(prenominal) town in Central America with a mixed universe of discourse of Creoles, mestizos, European immigrants, Africans, and indigenous Indians. In 2000, Panama had approximately 2.816 one thousand thousand inhabitants, 700,000 of whom lived in Panama urban center, with another 300,000 in the present(prenominal) suburbs. The urban elite is primarily Creole, close toly of Spanish descent. in that location argon also populations of Spanish, Italian, Greek, and Jewish origins.The official lecture is Spanish, and English is used blanket(a)ly in business, particularly banking and tourism, and by some people of African descent. 8 out of 10 Pa namanians living within the banking sector of Panama City are bi-lingual in English and Spanish. Panama became an autonomous democracy because of its turn as the custodian of the transisthmus shipping routethe elbow way of life between the seas. It gained independence in 1903 as part of an American-sponsored snub against Colombia that led to the signing of a treaty granting the United States the whip to build the Panama Canal.

The economy relies on transit, transhipping, and banking to earn outside(prenominal) currency. Panama exports coffee, bananas, beef, and tropical hardwoods. As a major global transshipping center, all types of the worlds industrial goods pass through Panama, which keeps or imports electronics, automob! iles, and a wide variety of luxury goods. Panama also imports petroleum, as it has no oil fields. Panama has been able to acquire constancy with turn out banking secrecy and privacy protection laws. Panama is the most steadfast jurisdiction offering banking secrecy.  Countries like the United States and china use up a vested interest in Panamas stableness because of the Panama Canal.  The stability of...If you want to get a full essay, instal it on our website: OrderEssay.net

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