*The flag in the beggining of the video is the Nicaraguan flag. I'm sorry about the confusion. Please ignore it.* Learn, Share, Subscribe The American Series: https://www.youtube.com/playlist?list=PLbZJ71IJGFRR8eYVQa9r_t3h4Tc2bmhsu The Asian series: https://www.youtube.com/playlist?list=PLbZJ71IJGFRRGIkTyr4u371Fx6e88Qx2N The European Series: https://www.youtube.com/playlist?list=PLbZJ71IJGFRTa_XMM9a4hDh2Yo9CsZzOR Social Media: https://plus.google.com/+blinder00 https://twitter.com/Sebastian2Go https://www.facebook.com/official7facts ------------------------------------------------ In this brief video you can find seven little known facts about Panama. More information about the video content bellow: 1. The US Dollar is the official currency and is used for bills but the national currency is called Balboa. In practice Panama is dollarized: US dollars are legal tender and used for all paper currency, while Panama has its own coinage. 2. The Panama Canal is one of the most ambitious engineering projects ever undertaken. It facilitates passage from the Atlantic to the Pacific for more than 14,000 ships every year. This shortcut greatly reduced the time for ships to travel between the Atlantic and Pacific Oceans, enabling them to avoid the hazardous route around the southernmost tip of South America. 3. The Panama Canal Railroad is the most expensive rail network ever built: Costing more than $8 million and taking five years to complete (1850-1855), the Panama Railroad is the most expensive rail construction project in the world. An estimated 12,000 workers died during the building of the railroad. 4. When Central America revolted against Spain in 1821, Panama joined the already independent country of Colombia. It would then spend the next 82 years struggling to gain its independence from Colombia. When Colombia rejected the United States’ Canal proposal in 1903, Panama finally broke free and declared its independence, which the U. S. immediately recognized in order to back the new government. 5. In the 1980’s general Manuel Noriega was in control of Panama. Noriega replaced presidents at his will, but when president Eric Delvalle tried to fire Noriega, the general forced the national assembly to replace him. Finally the assembly named Noriega “maximum leader” in December of 1989 and declared Panama and the United States to be at war. The U. S. had seized control of Panama City and attempted to capture Noriega. 6. In 1534, Charles V, the Holy Roman emperor, ordered a survey to determine if a canal could be built, but the surveyors decided that such a construction was impossible. In 1881, the French were the first to try, but after 20 thousand deaths, their company went bankrupt. America’s efforts fared little better; between 1904 and 1913 some 5,600 workers died due to disease or accidents. 7. The location of Panama City, the capital of the country, is not the original one. In January of 1671, privateer Henry Morgan, along with a band of 1,400 men, attacked, looted and burned the city.It was formally reestablished two years later in 1673, in a peninsula located 8 km from the original settlement. More Info: https://en.wikipedia.org/wiki/Panama#Currency https://en.wikipedia.org/wiki/Panama_Canal https://en.wikipedia.org/wiki/Panama_Canal_Railway https://en.wikipedia.org/wiki/Panama#Post-colonial_Panama https://en.wikipedia.org/wiki/Manuel_Noriega https://en.wikipedia.org/wiki/Panama_City Music: Teknoaxe – Electro Floor Motifs (Super Bass Mode) https://www.youtube.com/user/teknoaxe Images: http://kids.nationalgeographic.com/content/dam/kids/photos/Countries/H-P/money-panama.jpg https://bogotasurgery.files.wordpress.com/2013/06/moneda.jpg http://mustseeplaces.eu/wp-content/uploads/2016/03/panama-canal.jpg http://theloadstar.co.uk/wp-content/uploads/%C2%A9-Adeliepenguin.jpg http://www.panamalindatours.com/wp-content/uploads/2015/05/Ferrocarril_de_Panama-Panama_Canal_Railway.jpg http://robdiver.files.wordpress.com/2010/03/img_2111.jpg http://www.fao.org/fileadmin/user_upload/AGRO_Noticias/img/Panama-Colombia.jpg http://www.telemundo.com/sites/nbcutelemundo/files/styles/article_cover_image/public/sites/nbcutelemundo/files/images/article/2011/11/23/noriega-1_132206881061_1.jpg?itok=q7lZMzfn http://assets.nydailynews.com/polopoly_fs/1.981699!/img/httpImage/image.jpg_gen/derivatives/article_970/noriegawire24n-2-web.jpg http://henstridgephotography.com/Photos/Panama%20Canal_021.jpg http://panamacity.travel/wp-content/uploads/2013/06/Panama-City-11.jpg https://panamacity.place.hyatt.com/content/dam/PropertyWebsites/place/ptyzp/Media/All/Hyatt-Place-Panama-City-Downtown-P014-City-View.gallery-2-3-item-panel.jpg Intro video: https://www.youtube.com/watch?v=o9-QbOoJMeI Intro: Overlay by PushedToInsanity https://www.youtube.com/channel/UCDzMRfmdypVUxZ0H8xvGDOA Intro Music: Jesse Spillane – Dance Rocket http://freemusicarchive.org/music/Jesse_Spillane/
Visibility: 2509
Duration: 3m 18s
Rating: 37