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Middle East Ceasefire Fractures: Trump says Iran’s latest response leaves the truce “on life support,” dashing hopes for a quick reopening of the Strait of Hormuz and sending oil prices higher. Energy Supply Shock Hits Consumer Goods: Japan’s Calbee is switching some chip and snack packaging to black-and-white ink due to Strait-linked shortages of petrochemical inputs. US–China High-Stakes Meeting: Trump heads to Beijing for talks with Xi, with Iran and Taiwan arms sales expected to dominate. Food and Retail Pressure: Korea tightens labeling rules for decaffeinated coffee and alcohol, while the UK weighs expanding the BBC licence fee to streaming. Politics at Home: Starmer faces growing Labour unrest, with calls for him to quit reaching 81 MPs. Business Reshuffle: Coinbase cuts about 14% of staff as it pivots to be “AI-native.” Publishing/Media: A new book, Assetization, argues finance is shifting as investment products become easier to create and access.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.

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