The Importance of Panama to The World, The Panama Canal and The Birth of Reggaeton

13/09/2023 24 min

Listen "The Importance of Panama to The World, The Panama Canal and The Birth of Reggaeton"

Episode Synopsis

Welcome to a new weekly series we are launching on the Latin Wealth platform, Wealth Wednesday! On Wealth Wednesday, we will be discussing trending news, Latino culture and topics surrounding business, host by @chrisbelloso and @ricoramirez86.
On today's episode we discussed:
- My time traveling to Panama and my overall thoughts about the country.
- What Panama is globally known for
the Panama Canal revolutionized international trade by making it easy quicker for cargo ships to travel
The French tried to build and failed - dark times and bad engineering
The US wanted to build a passage that canal to shorten the journey from the Atlantic Ocean to the Pacific Ocean
Because before the canalIf Spain wanted get cargo to Japan they would have to go under South America to its destination

But at the time Panama was still part of the republic of Colombia
And in 1904 Panama gave the US control of a 10 mile pieces of land where they could start building the canal
The US basically owned this area until about 1999 where it was given back to Panama
And they wouldn’t allow anyone to build on the land
So the US helped Panama gain its independence in 1903

- The birth of Reggaeton
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