US Jobs Beat: The U.S. added 172,000 jobs in May and kept unemployment at 4.3%, but economists warn the “clear pain point” is weak wage growth versus inflation. Canada Labor Resilience: Canada also posted a strong May—88,000 jobs gained and unemployment down to 6.6%—supporting the view the economy isn’t in recession. Oil Shock Risk: Global oil inventories are running dangerously low as Strait of Hormuz reopening talks stall, raising fears of another price spike that could hit growth and markets. Eurozone Downturn: A revised 0.2% euro-zone contraction in Q1 was driven by a “staggering” Irish GDP slump, highlighting how volatile cross-border flows can distort the picture. Russia at SPIEF: Putin admitted momentum is slowing while billionaires criticized tight monetary policy as a “trap,” underscoring strain from war and sanctions. India Growth & Policy Push: India reported 7.7% FY26 GDP growth and is pressing its “Reform Express,” while RBI/finance moves aim to attract long-term foreign capital and support the rupee. AI & Energy Investment: Canada launched its National AI strategy, and the ISA/World Bank backed a bankable solar pipeline for Pacific SIDS—both tied to jobs and productivity. Local Economy Funding: New York approved $20M for East Williamsburg’s revitalization, targeting corridors, public spaces, workforce and housing. Energy Affordability Watch: Nigeria’s cooking gas price surge is drawing human-rights backlash over affordability and access.