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Panama gains independence from Spain.
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Literally they just became a country.
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Panama splits from Colombia and becomes fully independent.
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The US bought control of the Panama canal for $10 million.
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The Panama canal has been finished and is ready for use.
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Panama fights in the first world war.
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Panama ceases to be a protectorate of the US.
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Panama fights in world war two.
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The US invades Panama.
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The US handed over control of the Panama canal to Panama.