In this episode of The PDB Afternoon Bulletin:

• First, tensions between America and China over the Panama Canal are heating up, as the U.S. inks a new defense and security pact with Panama, and China accuses Defense Secretary Pete Hegseth of "spreading rumors and sowing discord" in the region.

• Later in the show, a Russian-American ballerina who had been wrongfully detained in Russia for more than a year was released from Kremlin custody on Thursday in the latest prisoner swap with the United States. 

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