EU Migration Pact: The EU’s Migration and Asylum Pact formally entered into force June 12, aiming for a more uniform asylum process and faster entry/return procedures—though critics say it won’t stop illegal migration and will keep fueling political fights. EU-China Strains: China abruptly canceled key EU high-level meetings in Beijing, including a digital policy dialogue and an EU deputy chief’s visit, highlighting ongoing tensions over tech, AI governance, and cross-border rules. EU-India Trade Under Pressure: The EU’s 21st Russia sanctions proposal would include entities based in India, potentially complicating ratification of an EU-India trade deal finalized in January. G7 in France: As leaders head to the G7 summit in Evian (June 15-17), India’s PM Narendra Modi says India will voice Global South aspirations at the table while he tours France and Slovakia, including “Bharat Innovates” and VivaTech. U.S.-Iran Deal Watch: Reports say a US-Iran agreement could be signed soon, possibly around the G7, with talks focused on reopening the Strait of Hormuz and addressing nuclear steps. World Economy Risk: The World Bank warns global growth may hit 2.5% in 2026, with the Iran conflict and supply disruptions a major drag. Space & Markets: SpaceX’s IPO sent shares soaring and made Elon Musk the first trillionaire, while stocks rose as oil prices eased. NOAA Cuts Alarm: A report warns proposed NOAA budget cuts could leave Kansans less prepared for billion-dollar weather disasters.