EU Fiscal Push: The EU Council adopted five country-specific recommendations for Bulgaria, urging tighter control of net spending to end its excessive deficit, targeted temporary energy-price measures, and tougher action against the shadow economy via better tax fairness and collection. IP & Innovation: WIPO’s Global Awards 2026 went to three Chinese firms, highlighting IP-driven growth in regenerative medicine, AI-assisted diagnostics, and EV battery recycling supply chains. Budget Strain in Nepal: Nepal’s auditor-backed review says revenue shortfalls and slow capital spending have left budget implementation imbalanced, with much spending stuck in current/admin costs. Armenia Infrastructure Outlook: Fitch says the TRIPP infrastructure project could support Armenia’s long-term growth, while warning that uncertainty in the peace process and tensions with Russia remain risks. Trade Deal Momentum: India and New Zealand’s new free trade agreement is framed by PM Modi as adding “depth and dynamism,” boosting market access, investment, and talent mobility. South Africa Migration Backlash: Anti-migrant protests are rising amid unemployment and weak growth; economists warn that if foreign workers leave, labour shortages could hit key sectors and worsen the informal economy. Corporate & Consumer Pressure: PepsiCo reported North America demand weakness tied to higher gas prices, even as revenue beat expectations. Creator Economy in Nigeria: Nigeria’s influencer-driven creator economy is described as topping 250,000 active creators and pushing toward a $5B industry. World Cup Spillovers: UK World Cup quarter-finals are estimated to lift wider UK sales by nearly £500m, with local venues and hospitality seeing big demand.