UK Politics & Leadership: Andy Burnham’s byelection win clears his path to challenge Keir Starmer, but he’s still not launched a formal leadership bid, keeping Labour’s internal fight in limbo. Middle East Trade & Energy: A Lebanon ceasefire is reviving US-Iran talks, with envoys heading to Switzerland as negotiators try to turn an interim pact into a lasting deal that could reopen the Strait of Hormuz and steady oil flows. Pakistan–Saudi Economic Package: PM Shehbaz and Saudi Crown Prince MBS agreed to finalize a comprehensive economic package, tying it to regional diplomacy after the US–Iran framework. Fiscal Decentralisation Watch: Pakistan’s Sindh budget drew criticism from PRAC for cutting development and underfunding Karachi and local governments, raising risks to growth and services. Cuba Market Reforms: Cuba’s National Assembly approved sweeping reforms to liberalize business and decentralize finance, but skepticism remains as the crisis deepens. EU Industrial Policy: China’s chamber warned the EU’s Industrial Accelerator Act could backfire via procurement and investment rules, urging clearer, open-market safeguards. Trade Logistics: A TradeMark Africa analysis flags the Durban–Kasumbalesa corridor as a make-or-break route for intra-African trade under AfCFTA. Tourism & Regulation: Karnataka plans a coastal tourism cabinet push to cut CRZ and forest-clearance bottlenecks, aiming to unlock jobs and investment.