Fed Overhaul: The U.S. Federal Reserve named Marc Andreessen, Raj Chetty and Mervyn King to new task forces aimed at changing how it runs operations, as the Fed weighs interest-rate communication and balance-sheet holdings. AI at Work: Privacy concerns are rising over AI notetakers that summarize meetings and may store sensitive data, with worries about confidentiality and misuse. Eurozone Manufacturing: Italy’s industrial output fell more than expected in May, a fresh sign of manufacturing weakness amid energy and geopolitical strain. UK Tax Debate: Economists are urging Andy Burnham to scrap income tax and National Insurance and replace them with a single “national contributions” charge. Inflation vs Spending: U.S. consumers are still spending despite high prices, but lower-income households are starting to cut back, raising the question of how long resilience lasts. Syria Sanctions Shift: The U.S. begins removing Syria from its state sponsors of terrorism list, potentially reopening trade and investment channels. India Fuel Policy: India’s E20 petrol rollout may cut mileage 3–5% in some vehicles, but the government says benefits include cleaner emissions and better engine performance. Global Shipping: Shanghai ranks second worldwide among shipping hubs, supported by a broader maritime ecosystem and record port throughput. Turkey Finance & Trade: Turkey’s de-dollarization push is gaining ground, while forecasts point to a May current account deficit and the auto sector targets $43bn exports. Semiconductors: SK hynix’s mega Nasdaq listing raised $26.5bn, underscoring AI-driven demand for memory chips.