Maritime Security & Trade: Ukraine says Russian drones killed a crew member on a Panama-flagged vessel in the Black Sea and injured others, with a second strike hitting a Saint Kitts and Nevis-flagged ship—raising fresh concerns for freedom of navigation and global shipping. Panama Canal Watch: NOAA warns a strengthening El Niño could become one of the strongest on record, increasing drought risk and potentially disrupting Panama Canal traffic; the ACP has already tightened Neopanamax draft limits as a precaution. Public Procurement: Panama’s DGCP suspended a Tocumen International Airport solid waste management tender worth about $967,626 after a supplier challenged the specifications—another reminder that procurement rules can quickly reshape project timelines. Surveillance Exports: Human Rights Watch reports Bulgaria licensed a surveillance firm linked to NSO Group to export phone-tracking and interception tools to governments accused of repression, including Panama—spotlighting EU dual-use control gaps. Brand & Consumer Play: Coca-Cola launched its “Feel It All” FIFA World Cup 2026 campaign in Ghana with watch parties and fan activations tied to Ghana’s matches. Sports Business: FIFA’s mandatory hydration breaks are drawing backlash from fans and teams, with debate over whether player safety or broadcast interests are driving the policy.