Maritime & Cybersecurity Boost: The U.S. delivered over $5 million in maritime, border, and cybersecurity gear to Panama’s SENAFRONT and SENAN in June, including refrigerated trucks, mobile workshops, RHIB boats, navigation systems, generator parts, 400 comms sets, and cyber operations support—aimed at tightening the fight against cartels. UN Diplomacy: Panama President José Raúl Mulino heads to New York for UN General Assembly High-Level Week, with meetings lined up including Spain’s Pedro Sánchez and the European Commission’s Ursula von der Leyen, plus a UN speech on Sept. 23. First Lady at the UN: First Lady Maricel Cohen de Mulino will take her resilience and childhood agenda to the UN, including a Sept. 23 high-level forum where she will present a “Global Resilience Vocabulary” initiative. Housing Incentive: Panama announced a $3,000 non-refundable subsidy for buyers of homes priced at $80,000 or less, with conditions including at least a 1% down payment and mortgage approval. Canal & Trade Pressure: Reports warn El Niño could cut Panama Canal revenues by up to $400 million in 2027, adding strain to shipping and logistics. China-Taiwan Tension: China threatened “serious consequences” after Panama lawmakers backed a parliamentary exchange group with Taiwan, while Panama’s government distanced itself from the move. Spanish Investment Interest: Commerce Minister Julio Moltó says Spanish business leaders are increasingly interested in Panama as a Latin America hub, with a delegation visit planned for October.