This is the 973rd most frequent Spanish word.
panorama
A comprehensive view or overview of a landscape, situation, or topic.
In this context, 'panorama' refers to the overall setting, situation, or characteristics of a particular sphere, in this case, politics.
El panorama político del país ha cambiado drásticamente en los últimos años.
The political landscape of the country has changed drastically in recent years.
Here, 'panorama' is used metaphorically to mean a broad and interesting range or spectrum of opportunities or options.
Explorar nuevas ideas puede ofrecer un panorama emocionante de posibilidades.
Exploring new ideas can offer an exciting outlook of possibilities.
Here, 'panorama' means a wide and beautiful view or scenery that can be seen from a high or open vantage point.