Illinois Investment Push: Gov. JB Pritzker highlighted major new projects in Peoria and beyond, including a $250m soybean processing and solar plant in Gilman aimed at scaling biofuel and farm feed while creating jobs. Iran Inflation Shock: Iran’s official inflation rate jumped to 88.6% year-on-year in June, with food prices surging—bread and grains up 138.8% and red meat/poultry up 178.2%. AI Bubble Debate: U.S. tech stock swings are reigniting fears of an AI bubble, as big firms fund AI buildouts with debt and investors question payoff. Trade Facilitation: Türkiye and Saudi Arabia signed a joint action plan to ease customs and speed mutual recognition of Authorized Economic Operator programs. Food Supply Innovation: Istanbul’s soilless farming sector is expanding, with 29 enterprises producing nearly 951,000 kg of crops annually. Student Loan Limits: The U.S. moves to cap graduate federal borrowing at $20,500 a year and $100,000 overall from July 1, with economists debating whether it will curb tuition. UK Corporate Compliance: UK Companies House reminders focus on keeping Person with Significant Control (PSC) records accurate, with enforcement risks for lapses. Tesla Safety Probe Closed: NHTSA ended its power steering investigation into Tesla Model 3 and Y after a prior recall addressed the issue. Pakistan Cotton Exchange Disruption: Karachi business groups warn the historic Cotton Exchange building’s sealing/occupation is disrupting cotton trade and hurting exporters. Microsoft “AI Tax” Concern: Businesses brace for Microsoft 365 price increases from July 1, with analysts calling it an “AI tax” that could hit frontline-heavy firms hardest. Nonprofit Crackdown: U.S. Treasury Secretary Scott Bessent warned tax-exempt groups abusing their status could face criminal liability and asset forfeiture. World Cup Consumer Boost: Malaysia’s World Cup viewing is expected to lift food and beverage spending by up to RM2.1bn, mainly around match-day consumption.