El Salvador–Japan Deal: El Salvador and Japan are deepening ties after the Second Meeting of Political Consultations, with cooperation flagged for infrastructure, education, healthcare, and disaster risk—plus trade push for premium Salvadoran exports like Pacamara coffee, cacao, and rum. Startup Momentum: El Salvador has broken into Latin America’s top 10 startup ecosystems for the first time (10th regionally, 80th globally), driven by a tech-and-digital-assets pivot, including a 0% tax rate on innovation and an AI law that created a state AI laboratory. Crypto Policy Signal: Switzerland’s decision to keep a 0% capital gains tax on Bitcoin is adding fuel to the “crypto hub” race—an area where El Salvador is already widely watched. Regional Security Spillover: Costa Rica says it will adopt the Salvadoran prison “Zero Leisure” work model after Salvadoran security officials visited, aiming to cut costs and expand productive prison work. Press Freedom Warning: Reporters Without Borders reports global press freedom at a record low, citing expanding restrictions and criminalization of journalism.