Following the assassination of the Panamanian president José Antonio Remón Cantera, his deputy, José Ramón Guizado, takes power, but is quickly deposed after his involvement in Cantera's death is discovered.

Panama, officially the Republic of Panama, is a country located at the southern end of Central America, bordering South America. It is bordered by Costa Rica to the west, Colombia to the southeast, the Caribbean Sea to the north, and the Pacific Ocean to the south. Its capital and largest city is Panama City, whose metropolitan area is home to nearly half of the country's over 4 million inhabitants.

Colonel José Antonio Remón Cantera was the 16th President of Panama, holding office from 1 October 1952 until his death on January 2, 1955. He was Panama's first military strongman and ruled the country behind the scenes in the late 1940s. He belonged to the National Patriotic Coalition (CNP), and was its candidate for president in May 1952.

José Ramón Guizado Valdés was the 17th President of Panama. He belonged to the National Patriotic Coalition (CNP).

January 2 is the second day of the year in the Gregorian calendar; 363 days remain until the end of the year.