Trade Diplomacy: US Ambassador Sergio Gor says the India-US trade deal is in the “final steps,” with about “last 1%” of items left, as talks with USTR Jamieson Greer and India’s commerce team gather momentum. EU-China Friction Management: The EU and China launched a structured trade dialogue and set an October push for “tangible results” to ease disputes and rebalance market access. UK Growth Update: The UK economy grew 0.6% in Q1 and 2025 growth was revised slightly lower, a mixed read for policymakers as political leadership shifts loom. Monetary Resilience: ECB chief Christine Lagarde argues Europe is more resilient to shocks thanks to stronger banking rules and low-carbon investment. EV Policy Shockwaves (India): Delhi approved EV Policy 2026, banning incentives for hybrids and tightening eligibility timelines and subsidy conditions starting July 1. Energy & Industry: Egypt’s petroleum minister reviewed EGPC plans to boost oil and gas output, while Indonesia said LNG price cuts should ease industrial costs. Governance & Delivery: New Zealand’s Treasury was rated “weak” on economy-wide policy advice in a performance review, and a separate review found ministers losing confidence in Treasury forecasting. Fiscal Compliance (Nigeria): Nigeria Customs stepped up sensitisation for the Green Tax Surcharge ahead of its July 1 start. Social Policy (Ghana): President Mahama urged traditional leaders to back Free Primary Healthcare by driving uptake of community health services.