Tariff Refund Backlash: Corporate America is getting billions back from Trump-era tariff refunds (Apple alone about $2.2B), but households see little relief as the refund system mainly benefits importers and customs filers after the Supreme Court struck down the levies. Food Price Risk: The UN’s FAO warns another global food price surge is coming as conflicts and El Niño raise costs and squeeze yields, with the commodity-to-shelf-price hit showing up over months. Central Banking Watch: India’s RBI held the repo rate at 5.25%, and economists say the pause supports business confidence; RBI Governor Malhotra also stressed strong fundamentals and a manageable current account deficit. Markets & Metals: Gold jumped in India as safe-haven demand rose alongside geopolitical uncertainty and the RBI’s steady stance. Corporate Finance: High Tide closed $40M in senior secured credit facilities to boost flexibility; Turkish Airlines reported higher revenue but sharply lower net income as fuel costs surged. Regional Growth: Indonesia’s Q2 GDP grew 5.29% y/y, while UK services job cuts kept running for 22 months despite growth signals. Local Economy & Services: Southeast Saskatchewan launched an “Economic Nutrition Certification” to map local spending impacts; Haryana plans doorstep food testing with revived mobile labs. Fraud & Enforcement: US prosecutors charged 19 in a home care fraud scheme tied to Medicare/Medicaid claims, as health-care enforcement expands.