Panama vs Nicosia

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Panama ( (listen) PAN-ə-mah, pan-ə-MAH; Spanish: Panamá IPA: [panaˈma] (listen)), officially the Republic of Panama (Spanish: República de Panamá), is a transcontinental country in Central America and South America, 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, whose metropolitan area is home to nearly half the country's 4 million people.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. The surrounding territory was transferred in 1979.Revenue from canal tolls continues to represent a significant portion of Panama's GDP, although commerce, banking, and tourism are major and growing sectors. It is regarded as a high-income country. In 2018 Panama ranked 66th in the world in terms of the Human Development Index. In 2018, Panama was ranked seventh-most competitive economy in Latin America, according to the World Economic Forum's Global Competitiveness Index. Covering around 40 percent of its land area, Panama's jungles are home to an abundance of tropical plants and animals – some of them found nowhere else on earth. Panama is a founding member of the United Nations and other international organizations such as OAS, LAIA, G77, WHO, and NAM.

Source: Wikipedia

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Nicosia ( NIK-ə-SEE-ə; Greek: Λευκωσία, romanized: Lefkosía [lefkoˈsi.a]; Turkish: Lefkoşa [lefˈkoʃa]) is the largest city, capital, and seat of government of Cyprus. It is located near the centre of the Mesaoria plain, on the banks of the River Pedieos. Nicosia is the southeasternmost of all EU member states' capitals. It has been continuously inhabited for over 4,500 years and has been the capital of Cyprus since the 10th century. The Greek Cypriot and Turkish Cypriot communities of Nicosia segregated into the south and north of the city respectively in early 1964, following the fighting of the Cyprus crisis of 1963–64 that broke out in the city.

This separation became a militarised border between the Republic of Cyprus and Northern Cyprus after Turkey invaded the island of Cyprus in 1974, occupying the north of the island, including northern Nicosia. Today North Nicosia is the capital of Northern Cyprus, a state recognized only by Turkey, that is considered to be occupied Cypriot territory by the international community. Apart from its legislative and administrative functions, Nicosia has established itself as the island's financial capital and its main international business centre. In 2018, Nicosia was the 32nd richest city in the world in relative purchasing power.

Source: Wikipedia