Panama hat miners of the California Gold Rush traveled to California via the Isthmus of Panama and Pacific Mail Steamship Company. In 1906 , U.S. President Theodore Roosevelt visited the construction site of the Panama Canal and was photographed wearing a Panama hat, which further increased the hats' popularity. Although the Panama hat continues to provide a livelihood for thousands of Ecuadorians, fewer than a dozen weavers capable of making the finest "Montecristi superfinos" remain. Production in Ecuador is dwindling, due to economic problems in Ecuador and competition from Chinese hat producers. The tamsui hat was a straw hat made in Formosa
Panama Papers their final report public. He said that he had always "assumed" that the final report would be transparent. On April 8, President Varela denounced France's proposal to return Panama to a list of countries that did not cooperate with information exchange. Minister of the Presidency Alvaro Alemán categorically denied that Panama is a tax haven, and said the country would not be a scapegoat. Alemán said that talks with the French ambassador to Panama had begun. On April 25, a meeting of the Panamanian and French finance ministers resulted in an agreement under which Panama will provide information to France