US Economy & Markets: KPMG’s chief economist Diane Swonk warns the US is vulnerable to a stock-market correction, arguing wealth is highly concentrated and the “K-shaped” economy may feel the hit even if data looks strong. Housing Policy: The US Senate passed a bipartisan housing bill to cut red tape, expand local control, and boost supply, with a ban on corporate purchases of single-family homes. Tech & Finance: Franklin Templeton is creating a dedicated Franklin Crypto unit after buying 250 Digital, while Agora hired former Robinhood Crypto COO Tanya Denisova to run operations for its stablecoin push. Energy & Geopolitics: The US temporarily lifted major Iran sanctions for 60 days, reopening crude oil trade and logistics—while global markets react to shifting risk and oil expectations. India Markets & Industry: India’s Sensex and Nifty fell sharply on metal and IT selling; Tata Motors posted its best-ever FY26 PV sales, and Akasa Air targets ~30% capacity growth. Trade Rules (Armenia): From July 1, Armenia will require conformity assessment documents for certain imported goods submitted to customs under domestic consumption. Blue Economy (Tanzania): Canada-backed ReSea handed over productive equipment for seaweed and other coastal enterprises, aiming to build climate resilience and jobs.