Statue of Vasques Nuñex de Balboa on Ave. Balboa, Panama City, Panama. History of Panama: Panama was discovered by the Spanish in the early 16th century. - See more at: http://www.bestplacesintheworldtoretire.com/questions-and-answers/1149-what-is-the-history-of-panama#sthash.6kSqrKmV.dpuf
Wally “Famous” Amos’ November 18,1980 Wally “Famous” Amos’ signature Panama hat and embroidered shirt are donated to the National Museum of American History’s Business Americana collection. It is the first memorabilia added to the collection by an African American entrepreneur and recognizes the achievement of Amos, who built his company from a mom-and-pop enterprise to a $250 million cookie manufacturing business.
Government- Panama's government is run by a Constitutional Democracy. Like the United States, the government is divided into three separate branches; the Executive, Legislative, and Judicial branches. Representation is split evenly amongst the nine provinces of Panama. The country is currently led by President Ricardo Martinelli of the Democratic Change party. Despite Panama's history of corrupt leaders and officials, the country has maintained a stable, fair government in recent years.