Budapest vs Panama

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Budapest (, Hungarian pronunciation: [ˈbudɒpɛʃt]) is the capital and the most populous city of Hungary, and the ninth-largest city in the European Union by population within city limits. The city has an estimated population of 1,752,286 over a land area of about 525 square kilometres (203 square miles). Budapest is both a city and county, and forms the centre of the Budapest metropolitan area, which has an area of 7,626 square kilometres (2,944 square miles) and a population of 3,303,786, comprising 33% of the population of Hungary.The history of Budapest began when an early Celtic settlement transformed into the Roman town of Aquincum, the capital of Lower Pannonia. The Hungarians arrived in the territory in the late 9th century, but the area was pillaged by the Mongols in 1241–42. Re-established Buda became one of the centres of Renaissance humanist culture by the 15th century. The Battle of Mohács, in 1526, was followed by nearly 150 years of Ottoman rule. After the reconquest of Buda in 1686, the region entered a new age of prosperity, with Pest-Buda becoming a global city after the unification of Buda, Óbuda, and Pest on 17 November 1873, with the name 'Budapest' given to the new capital. Budapest also became the co-capital of the Austro-Hungarian Empire, a great power that dissolved in 1918, following World War I. The city was the focal point of the Hungarian Revolution of 1848, the Battle of Budapest in 1945, and the Hungarian Revolution of 1956.Budapest is a Beta + global city with strengths in commerce, finance, media, art, fashion, research, technology, education, and entertainment.

It is Hungary's financial centre and was ranked as the second fastest-developing urban economy in Europe. Budapest is the headquarters of the European Institute of Innovation and Technology, the European Police College and the first foreign office of the China Investment Promotion Agency. Over 40 colleges and universities are located in Budapest, including the Eötvös Loránd University, the Semmelweis University and the Budapest University of Technology and Economics. Opened in 1896, the city's subway system, the Budapest Metro, serves 1.27 million, while the Budapest Tram Network serves 1.08 million passengers daily.The central area of Budapest along the Danube River is classified as a UNESCO World Heritage Site and has several notable monuments, including the Hungarian Parliament and the Buda Castle. The city also has around 80 geothermal springs, the largest thermal water cave system, second largest synagogue, and third largest Parliament building in the world. Budapest attracts around 12 million international tourists per year, making it a highly popular destination in Europe. The city was chosen as the Best European Destination of 2019, a major poll conducted by EBD, a tourism organisation partnering with the European Commission. It also topped the Best European Destinations 2020 list by Big7Media. Budapest also ranks as the third-best European city in a similar poll conducted by Which?.

Source: Wikipedia

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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 agreed to transfer the canal from the United States to Panama on December 31, 1999. The surrounding territory was first returned 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 having a high-income economy. In 2019 Panama ranked 57th in the world in terms of the Human Development Index. In 2018, Panama was ranked the 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