UK Politics & Rates: Bank of England chief economist Huw Pill warned against “complacency” on inflation after voting for rate hikes, stressing CPI still runs above target and policy may not have been restrictive enough. UK Devolution & Growth Plan: Labour frontrunner Andy Burnham is set to unveil his economic agenda, with a big push for faster devolution and a “No 10 in the North” style shift of power from Whitehall. Inflation & Markets: BIS flagged global “pressure points” from sovereign debt and the risk of inflation re-anchoring, while Wall Street optimism lifted RBC’s S&P 500 forecast to 8,150. Energy & Commodities: Oil jumped on Strait of Hormuz supply fears, then eased as concerns cooled; gold and silver slipped on weaker global cues. Tourism Economics: Dublin Airport expansion is criticized for driving up rents and house prices, while Nepal’s tourism boom is outpacing government readiness. MSME Focus: Myanmar marked World MSME Day with leaders calling MSMEs the jobs engine; Pakistan’s survey shows support for a 5% tax on influencer income. Regional Development: South Korea plans up to 20 trillion won for southwest chip investment; Portugal issued its first offshore aquaculture permit, signaling a push for a tech-led Blue Economy. Risk & Resilience: Venezuela’s quake losses are projected to top $10bn, with much damage uninsured.