Coronado is a vibrant community located just one hour from Panama City, and many Panamanians have second homes here on the beach. Of the 5,000 plus population there is a large group of expats which are a mix of Canadians, Americans, and Europeans. Built in 1941, this beach community is trendy with shops, restaurants, activities, and resorts. On weekends it is a favorite getaway spot for Panama City residents to spend time at the beach.


According to Professor Rodrigo Miró, the first story about Panama was written by Gonzalo Fernández de Oviedo y Valdés and published as part of the Historia General y Natural de Las Indias in 1535. Some poets and novelists born in Panamá city are Manuel María Ayala (1785–1824), Amelia Denis de Icaza (1836–1911), Darío Herrera (1870–1914), Ricardo Miró (1883–1940), Gaspar Octavio Hernández (1893–1918), Demetrio Korsi (1899–1957), Ricardo Bermúdez (1914–2000), Joaquín Beleño (1922–88), Ernesto Endara (1932–), Diana Morán (1932–87), José Córdova (1937–), Pedro Rivera (1939–), Moravia Ochoa López (1941–), Roberto Fernández Iglesias (1941–), Juan David Morgan (1942 –), Jarl Ricardo Babot (1946–), Giovanna Benedetti (1949–), Manuel Orestes Nieto (1951–), Moisés Pascual (1955–), Héctor Miguel Collado (1960–), David Robinson Orobio (1960–), Katia Chiari (1969–), Carlos Oriel Wynter Melo (1971–), José Luis Rodríguez Pittí (1971–), Arturo Wong Sagel (1980–) and Sofía Santim (1982–).[32]
More than ever, Panama City is booming with events and activities. Make Panama City your destination and visit the many fine shops, restaurants and exhibits. Discover why Panama City is listed as one of the best art towns in America for Cities with a population of less than 50,000. Year-round events include: The Blessing of the Fleet, an Annual Independence Day Celebration, and Oktoberfest. 

It’s time to wave farewell to Panama City and get out into nature! Breathe in the fresh air of parks, islands, rainforests, and rural villages. This Panama City jungle tour will turn its back on bustling city life and welcome the rainforest in with open arms – come along for the ride!You’ll be picked up from the American Trade Hotel in the historic district, and the first part of this Panama City wildlife tour will take you past Panama Canal’s famous Culebra Cut and towards Soberania National Park, Lake Gatun, and the Chagres River.Known for its huge variety of birds (the Audubon Society's annual bird count once spotted over 500 species in 24 hours!), Soberania National Park is full of wildlife and is a wonderful place to watch for monkeys, sloths, eagles, and plenty more. There’s no denying that this spot in the Panama jungle really is the jackpot for animal lovers. You’ll also catch a boat out to Monkey Island – doesn’t take a genius to guess what you’ll find here! Keep your eyes peeled to spot a number of different species of monkey.Next, you will continue your tour up the Chagres River to an authentic Indian village. This will be an opportunity for you to get in touch with the local community, and learn all about their culture, customs, history, and more. As part of the visit, you’ll take a short hike along the trails through the rainforest to learn about how the local plants are used for medicinal purposes. With your local guide by your side through this adventure, you’ll learn plenty about the culture around you.After your Panama jungle experience of a life time, you’ll head back into the city (perhaps a little begrudgingly…) where your local guide will drop you back off at the American Trade Hotel. During the rainy season in Panama, we are unable to reach the Indian Village for the Panama City Jungle Experience. However, we can offer travelers a nice walk in the jungle as a substitute. This alternate option will be effective from early October to late December.
Panama was inhabited by indigenous tribes before Spanish colonists arrived in the 16th century. 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 US Army Corps of Engineers between 1904 and 1914. The 1977 Torrijos–Carter Treaties led to the transfer of the Canal from the United States to Panama on December 31, 1999.[9]
Prime Minister John Key responded May 7 to John Doe's remark that he had been "curiously quiet" about tax evasion in the Cook Islands by saying that the whistleblower was confused and probably European. While the Cook Islands use New Zealand currency, "I have as much responsibility for tax in the Cook Islands as I do for taxing Russia." New Zealand does represent the Cook Islands on defence and foreign policy, but not taxation, he said.[495]

Since 1914 the 51-mile- (82-km-) long Panama Canal, which connects the Atlantic and Pacific Oceans, has afforded a long-sought shortcut for shipping and assures the country’s standing as one of the most strategic transportation hubs of the world. The canal also secures Panama’s ongoing role in international affairs and world commerce. The United States relinquished jurisdiction of the Panama Canal on December 31, 1999, marking an unprecedented shift in Panamanian society. For the first time in nearly a century as an independent nation, Panama controlled the entirety of its national territory.
Nearly 500 rivers lace Panama's rugged landscape. Mostly unnavigable, many originate as swift highland streams, meander in valleys, and form coastal deltas. However, the Río Chagres (Chagres River), located in central Panama, is one of the few wide rivers and a source of hydroelectric power. The central part of the river is dammed by the Gatun Dam and forms Gatun Lake, an artificial lake that constitutes part of the Panama Canal. The lake was created by the construction of the Gatun Dam across the Río Chagres between 1907 and 1913. Once created, Gatun Lake was the largest man-made lake in the world, and the dam was the largest earth dam. The river drains northwest into the Caribbean. The Kampia and Madden Lakes (also filled from the Río Chagres) provide hydroelectricity for the area of the former Canal Zone.
Putin denied "any element of corruption", and said his opponents are trying to destabilize Russia.[245] Putin also said: "WikiLeaks has showed us that official people and official organs of the US are behind this."[246] On 2016's annual Direct Line with Vladimir Putin, he called the leaked documents "reliable" but confined his comments to Roldugin, saying that Western media did not understand that the musician has spent all his off-shore income on "musical instruments for Russia". Putin also said Goldman Sachs owned shares in the parent company of Süddeutsche Zeitung, which is in fact owned by a Munich family and a German media group.[247] The Kremlin apologized for this "mistake".[248]

The Pacific coastline is extended by the Azuero Peninsula and the Gulf of Panama and by numerous headlands and bays, whereas the largest embayment on the Caribbean side is Chiriquí Lagoon. The Pacific coastline is more indented and irregular, and its continental shelf is much wider than that on the Atlantic side. In addition, most of the republic’s more than 1,600 islands lie off its Pacific coast; they include the Perlas Archipelago (Pearl Islands) and the islands of Taboga, Cébaco, Parida, Jicarón, and Coiba, the largest. The principal archipelagoes off the Caribbean coast are those of Bocas del Toro and San Blas. 

Initial reports identified five then-heads of state or government leaders from Argentina, Iceland, Saudi Arabia, Ukraine, and the United Arab Emirates as well as government officials, close relatives, and close associates of various heads of government of more than forty other countries. Names of then-current national leaders in the documents include President Khalifa bin Zayed Al Nahyan of the United Arab Emirates, Petro Poroshenko of Ukraine, King Salman of Saudi Arabia, and the Prime Minister of Iceland, Sigmundur Davíð Gunnlaugsson.[82]
The construction of the Panama Canal was of great benefit to the infrastructure and economy. Of particular note are the improvements in health and sanitation brought about by the American presence in the Canal Zone. Dr. William Gorgas, the chief sanitary officer for the canal construction, had a particularly large impact. He hypothesized that diseases were spread by the abundance of mosquitos native to the area, and ordered the fumigation of homes and the cleansing of water. This led to yellow fever being eradicated by November 1905, as well malaria rates falling dramatically.[6] However, most of the laborers for the construction of the canal were brought in from the Caribbean, which created unprecedented racial and social tensions in the city.

SZ asked the ICIJ for help because of the amount of data involved. Journalists from 107 media organizations in 80 countries analyzed documents detailing the operations of the law firm.[4] After more than a year of analysis, the first news stories were published on April 3, 2016, along with 150 of the documents themselves.[12] The project represents an important milestone in the use of data journalism software tools and mobile collaboration.
In March 2005, Dan Gertler International formed a new company, Global Enterprises Corporate (GEC), with Global Resources, owned by Beny Steinmetz. A former DRC mines minister, Simon Tuma-Waku, was "special adviser". The company formed a joint copper and cobalt mining venture with DRC agency La Générale Des Carriers et Des Mines (Gécamines), which held 25%, and GEC 75%, which they placed into an Isle of Man holding company, Nikanor plc. The IPO raised £400 million in London and the company eventually reached a market capitalization of $1.5 billion for an initial investment of $3 million.[450]
In 2015, Süddeutsche Zeitung (SZ) was contacted by an anonymous source calling him or herself "John Doe," who offered to leak the documents. Doe did not demand any financial compensation in return, according to the SZ. The total volume of data comes to about 2.76 terabytes, making it the biggest data leak in history. The data pertains to the period spanning from the 1970s to the spring of 2016.
A project to build a third set of locks for the Panama Canal A was overwhelmingly approved in a referendum (with low voter turnout, however) on October 22, 2006. The official estimated cost of the project is US$5.25 billion, but the canal is of major economic importance because it provides millions of dollars of toll revenue to the national economy and provides massive employment. Transfer of control of the Canal to the Panamanian government completed in 1999, after 85 years of US control.
Yes. In a speech last year in Singapore, David Cameron said “the corrupt, criminals and money launderers” take advantage of anonymous company structures. The government is trying to do something about this. It wants to set up a central register that will reveal the beneficial owners of offshore companies. From June, UK companies will have to reveal their “significant” owners for the first time.
^ Jump up to: a b Золото партитуры [Gold of the score]. Novaya Gazeta (in Russian). Moscow. April 3, 2016. Archived from the original on April 6, 2016. Retrieved April 6, 2016. Gold sheet music – Why Sergei Roldugin, a close friend of Vladimir Putin, may be deemed to be not only a virtuoso musician, but also the owner of shady offshore Empire with assets in the billions of dollars
Diamond Ocean Enterprises, a Mossack Fonseca entity set up in 2005, reported its purpose as financial consulting to a Namibian diamond manufacturer and polisher.[209] According to the law firm's records, Deutsche Investment Consultants (Asia) Limited, a Mossack Fonseca company set up in the British Virgin Islands for the now-imprisoned Mafioso Vito Palazzolo by Wolf-Peter Berthold, a German banker based in Hong Kong, is a director of the firm. Its shareholders include Peter von Palace Kolbatschenko, Palazzolo's son, Berthold, and Giovanni Agusta.[209]
While no standard official definition exists, The Economist and the International Monetary Fund describe an offshore financial center, or tax haven, as a jurisdiction whose banking infrastructure primarily provides services to people or businesses who do not live there, requires little or no disclosure of information when doing business, and offers low taxes.[32][33]
Undergoing redevelopment, the old quarter has become one of the city's main tourist attractions, second only to the Panama Canal. Both government and private sectors are working on its restoration.[30] President Ricardo Martinelli built an extension to the Cinta Costera maritime highway viaduct in 2014 named "Cinta Costera 3" around the Casco Antiguo.[31]
This non-smoking hotel offers air-conditioned rooms with panoramic lagoon or resort views. It features an outdoor pool and fitness center. Emerald Coast Beaches are a 20 minute drive away. I loved our villa. There was so much to do at the hotel while the beaches were closed to the public. The staff was super friendly. Everything was very clean, spacious, and had the comfort of home. I will definitely be staying here again.
Indications in the Maltese press of Mizzi's links to an offshore trust[211] did not prevent Mizzi from being elected deputy leader for party affairs of the ruling Labour Party on February 25, 2016, following a change in the party statutes to enable a sitting MP to be appointed. Mizzi stepped down as deputy leader of the Labour Party on April 28, 2016.[212][213][214][215][216][217]

ICIJ partner Ouestaf.com was able to establish through the Panama Papers the existence of secret contracts between and DP World FZE (DP)and Mamadou Pouye, the bribery codefendant of Karim Wade, son of former prime minister Abdoulaye Wade. This information was not available at their trial; Ouestaf confirmed their financial ties to the corporation for the first time during the Panama Papers investigation.[20] Wade was sentenced in 2015 to a six-year prison term by the Cour de répression de l'enrichissement illicite (Crei), a specialized anti-corruption court.[20] Wade was accused of illegally amassing assets of more than $240 million; and his childhood friend Pouye was sentenced to five years for allegedly helping him.[20] Both denied wrongdoing and the United Nations and Amnesty International said their rights had been violated at trial.[471] Ouestaf's investigation did not address the legality of their trial. It did conclude that they had succeeded in tracing a payment to Pouye's oversea shell company from a subsidiary of DP.
The Panamanian Public Forces are the national security forces of Panama. Panama is the second country in Latin America (the other being Costa Rica) to permanently abolish its standing army. Panama maintains armed police and security forces, and small air and maritime forces. They are tasked with law enforcement and can perform limited military actions.

Hamad bin Khalifa Al Thani, former Emir of Qatar,[1] is listed as owner of Afrodille S.A., which had a bank account in Luxembourg and shares in two South African companies. Al Thani also held a majority of the shares in Rienne S.A. and Yalis S.A., holding a term deposit with the Bank of China in Luxembourg. A relative owned 25% of these: Sheikh Hamad bin Jassim Al Thani, Qatar's former prime minister and foreign minister.[3]
Paralleling the principal mountain chains, a lower mountain arc extends along Panama’s southern coast. It appears only in well-separated segments—for example, on Azuero Peninsula as the Canajagua Massif and in eastern Panama as the Sierra de Jungurudó, Sapo Mountains, and the Majé Mountains. The highlands and mountains are made up primarily of igneous (volcanic) rocks.
Three Mossack Fonseca companies started for clients of Helene Mathieu Legal Consultants were later sanctioned by the US Treasury's Office of Foreign Assets Control (OFAC). Pangates International Corporation was accused in July 2014 of supplying the government of Syria with "a large amount of specialty petroleum products" with "limited civilian application in Syria". The other two, Maxima Middle East Trading and Morgan Additives Manufacturing Co, and their owners Wael Abdulkarim and Ahmad Barqawi, were said to have "engaged in deceptive measures" to supply oil products to Syria.[100]
According to Forbes, "Hinojosa and other prominent Mexicans, mostly businessmen with close ties to the government, including at least one member of the Forbes billionaires list, were the subject of extensive articles published online by ICIJ investigation partners Proceso and Aristegui Noticias Sunday."[410] Proceso also said that the Mexicans mentioned in the leaked documents included individuals linked to drug cartels.[408]
In 2010, it was estimated that 94.1 percent of the population was literate (94.7 percent of males and 93.5 percent of females).[83] Education in Panama is compulsory for the children between 6 and 18. In recent decades, school enrollment at all levels, but especially at upper levels, has increased significantly. Panama used to participate in the PISA exams but due to debts and unsatisfactory exam results is postponing participation until 2018.[84]
^ Uri Blau; Daniel Dolev; Shuki Sadeh (April 3, 2016). "Panama Papers: Hundreds of Israeli Companies, Shareholders Listed in Leaked Documents Detailing Offshore Holdings: Leaked documents of Panamanian law firm reveal shell companies linked to prominent Israeli lawyers and business persons". Haaretz. Archived from the original on April 25, 2016. Retrieved April 25, 2016.
According to Ouestaf the documents make it clear that while Crei investigators were interested in the funds in Pouye's Monaco account, they did not know that their source was an offshore account he created himself.[20] The two contracts prove that there was in fact a relationship between the defendants and DP World. Investigator Papa Alboury Ndao told the court in February[when?] that he had discovered two payments of $13 million each from a subsidiary of DP World FZE to a Singapore bank account belonging to Karim Wade. However the bank in Singapore refused to cooperate and Ndao was forced to drop that line of inquiry.[20]
The Bangkok Post reported that the "Anti-Money Laundering Office (AMLO) is seeking information from its foreign counterparts regarding twenty-one Thai nationals reportedly included in a list of people worldwide using a Panama-based law firm apparently specializing in money laundering and tax evasion." It is not clear why AMLO is investigating only twenty-one. The Panama Papers include at least 780 names of individuals based in Thailand and another 50 companies based in Thailand. Some are foreigners or foreign-owned companies, but 634 individual addresses in Thailand appear in the documents that have surfaced to date, including the CEOs of giant companies Bangkok Land and Phatra Finance.[386]

To start this tour, you will follow the Panama Canal north to the town of Gamboa, where the Chagres River meets the canal. You will begin the wildlife viewing from a boat on the waters of the canal and Gatun Lake. You will ride along the waters of the Panama Canal right next to the ships passing through as well as have an up close view of the the abundant wildlife on its shores.  You will visit the famous Monkey Islands where you will see capuchins, howlers, and tamarins. Once you finish with the canal and lake boat ride (around 90 minutes), you will head 45 minutes north to the Caribbean side of Panama. You will visit the Agua Clara Visitor Center to see the new expansion locks working up close.  Located on the west side of the brand new Agua Clara Locks, the Agua Clara Visitor Center allows you to observe transiting vessels from a scenic lookout point and learn first hand about the various operations of the Panama Canal, the history of its construction, its participation in the world markets, and the importance of its watershed. An observational deck lets you watch the ships pass through the Agua Clara Locks on their way to the Pacific or Atlantic oceans. The next stop will be a visit to San Lorenzo National Park where you will visit a remote rainforest full of flora and fauna, followed by a freshly made picnic lunch and a tour Fort San Lorenzo. A 400 year old Spanish fort on a scenic cliff overlooking the Caribbean, here you will recount the many attacks by pirates and privateers that happened at one of the most historically important places in Panama.  The Fort of San Lorenzo, located on an 80 foot (25m) cliff overlooking the Caribbean Sea at the estuary of the Chagres River, was declared a UNESCO World Heritage Site in 1980 along with the fortifications of the city of Portobelo. It was part of the defensive system for the transatlantic trade of the Spanish Crown, and is a fine example of military architecture of the seventeenth and eighteenth centuries. The Fort of San Lorenzo is one of the oldest fortresses in Spanish America. Here you will recount the many attacks by pirates and privateers that happened at one of the most historically important places in Panama.  Once you finish the tour of the fort, you will return to Panama City for hotel drop off.


The Panama Papers show Major-General of Justice and head of Armenia's Compulsory Enforcement Service Mihran Poghosyan was connected to three Panama-registered companies: Sigtem Real Estates Inc., Hopkinten Trading Inc., and Bangio Invest S.A., which issued bearer shares only. Poghosyan, who has a degree in economics, was the sole owner of Sigtem and Hopkinten,[168][169] which together owned Best Realty Ltd, recently awarded government contracts.[168]
Cameron criticized complex offshore structures in 2013, saying that it is "not fair and not right what some [companies] are doing by saying 'I've got lots of sales here in the UK but I'm going to pay a sort of royalty fee to another company that I own in another country that has some special tax dispensation.'" He said he would bring up the issue at the G8 summit that year.[309] At the summit, Cameron demanded more transparency, arguing that it would be better for business.[302] In 2014, Cameron asked all Overseas Territories and Crown dependencies to set up an open register of firms and individuals with investments registered in their jurisdictions, but by the time of the Panama Papers leak in April 2016, only Montserrat and Gibraltar had agreed to do so.[310]
The Mossack Fonseca files show Khashoggi appeared as early as 1978, when he became president of the Panamanian company ISIS Overseas S.A. The documents reveal that Fonseca's clients included Sheikh Kamal Adham, Saudi Arabia's first intelligence chief (1963–79), brother-in-law of King Faisal, who was named by a US Senate committee as the CIA's “principal liaison for the entire the Middle East from the mid-1960s through 1979”. Adham controlled offshore companies involved in the B.C.C.I. banking scandal.[380]
The city proper has approximately 880,691 inhabitants in 23 boroughs.[25] The inhabitants of Panama City are commonly referred to as capitalinos and include large numbers of Afro-Panamanians, mestizos, and mulattos, with notable white and Asian minorities.[26] There is a great deal of cultural diversity within the city, which manifests itself in the wide variety of languages commonly spoken, such as German, Portuguese, French, Arabic, Chinese, Hebrew and English, in addition to Spanish.[18]
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