EU-Russia Tensions: EU foreign policy chief Kaja Kallas warned Russia is escalating “hybrid attacks,” pointing to incidents across Europe and pushing for tougher costs, including tighter Schengen rules and visa bans for some Russians. US Economy & Markets: The Federal Reserve is widely expected to raise rates again as inflation stays sticky, with Iran-linked oil pressures and global bond-market stress in the mix. Iran War Costs: The CBO says the six-month Iran conflict has already cost $38bn and could rise by $3bn a month, squeezing munitions and budgets while lifting energy prices. Crypto Deadlock: A major US Senate crypto bill collapsed after lawmakers failed to bridge gaps over ethics and safeguards, dealing a blow to industry hopes. AI & Cyber for Business: A business chamber event focused on practical cyber safety and AI use, urging firms to protect customers and set clear responsibilities for AI tools. Trade & Forced Labor: USTR trained 50+ trading partners on enforcing forced-labor import bans, as more countries adopt similar measures. Energy Diplomacy: G20 energy talks in Texas are underway as Iran war disruptions keep fuel markets volatile. Climate Pressure: A UN survey found large-scale war is rising fast as a top global risk, while climate reporting warns the world is nearing dangerous warming limits. Local Impact: Washington, Pennsylvania, faces worsening flood damage as cleanup continues and officials seek longer-term fixes.