Caracas vs Panama City

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Caracas (, Spanish: [kaˈɾakas]), officially Santiago de León de Caracas, abbreviated as CCS, is the capital and largest city of Venezuela, and the centre of the Metropolitan Region of Caracas (or Greater Caracas). Caracas is located across the Guaire River at the northern portion of the country, within the Caracas Valley of the Venezuelan coastal mountain range (Cordillera de la Costa). The valley is near the Caribbean Sea, separated from the coast by a steep 2,200-metre-high (7,200 ft) mountain range, Cerro El Ávila; to the south there are more hills and mountains. The Metropolitan Region of Caracas has an estimated population of almost 5 million inhabitants. The middle of the city remains Catedral, situated near Bolívar Square, although some consider the center to become Plaza Venezuela, located at the Los Caobos region.

Businesses in town include service companies, banks, and malls. Caracas has a mostly service-based market, besides some industrial action in its metropolitan area. The Caracas Stock Exchange and Petróleos de Venezuela (PDVSA) are headquartered in Caracas. PDVSA is the largest company in Venezuela. Caracas is also Venezuela's cultural capital, with many restaurants, theaters, museums, and shopping centers. Caracas has some of the tallest skyscrapers in Latin America, like the Parque Central Towers. The Museum of Contemporary Art of Caracas is one of the most important in South America.Caracas has among the highest per capita murder rates in the world, with 111.19 homicides per 100,000 inhabitants.

Source: Wikipedia

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Panama City (Spanish: Ciudad de Panamá; pronounced [sjuˈða(ð) ðe panaˈma]), also simply known as Panama (or Panamá in Spanish), is the capital and largest city of Panama. It has an urban population of 880,691, with over 1.5 million in its metropolitan area. The city is located at the Pacific entrance of the Panama Canal, in the province of Panama. The city is the political and administrative center of the country, as well as a hub for banking and commerce.The city of Panama was founded on 15 August, 1519, by Spanish conquistador Pedro Arias Dávila. The city was the starting point for expeditions that conquered the Inca Empire in Peru.

It was a stopover point on one of the most important trade routes in the American continent, leading to the fairs of Nombre de Dios and Portobelo, through which passed most of the gold and silver that Spain took from the Americas. On 28 January, 1671, the original city was destroyed by a fire when the privateer Henry Morgan sacked and set fire to it. The city was formally reestablished two years later on 21 January, 1673, on a peninsula located 8 km (5 miles) from the original settlement. The site of the previously devastated city is still in ruins, and is now a popular tourist attraction, and is regularly visited by school trips.

Source: Wikipedia