Panama, officially the Republic of Panama, is a country in Central America that connects North and 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. The capital and largest city is Panama City.
Geography and Climate
Panama’s landscape is characterized by a central spine of mountains and hills forming the continental divide. The highest point is Volcán Barú, rising to 3,475 meters (11,398 feet). The country’s tropical climate features high temperatures and humidity, with a rainy season typically from April to December.
Economy
Panama has a high-income economy, with significant contributions from commerce, banking, and tourism. The Panama Canal is a crucial asset, facilitating international trade by connecting the Atlantic and Pacific Oceans.
Culture
Panama boasts a rich cultural heritage, influenced by indigenous groups, Afro-Caribbean communities, and Spanish colonial history. The country’s biodiversity is notable, with various national parks and reserves protecting its unique flora and fauna.
Recent Developments
- Port Sales: China’s State Administration for Market Regulation is reviewing the sale of two Panama Canal ports by Hong Kong’s CK Hutchison to a BlackRock-led consortium, citing concerns over market competition and public interest.
- Maritime Actions: Panama’s maritime authority has deregistered 107 vessels included in international sanctions lists, with 18 more under process.
- Political Asylum: Former President Ricardo Martinelli has been granted permission to take asylum in Nicaragua after facing legal challenges in Panama.
For more information on visiting Panama, including attractions like the Panama Canal, Casco Antiguo, and the Amador Causeway, you can refer to the official tourism website.