Meet

• The Federal Reserve has maintained its target interest rate range for the fourth consecutive meeting, keeping borrowing costs elevated. • High interest rates on U.S. Treasury securities are directly increasing the federal government's overall cost of borrowing. • The Treasury projects that U.S. debt as a percentage of GDP will grow to more than five times the size of the economy over the next 75 years.

• G7 leaders met in Évian-les-Bains, France, to address critical global issues including war, AI governance, and the realignment of international supply chains. • U.S. President Donald Trump announced a deal to end the conflict with Iran just before the summit, focusing discussions on Middle East stability and reopening the Strait of Hormuz. • The G7 officially labeled the U.S.-Iran agreement a “historic opportunity,” signaling a collective Western effort to stabilize the region.

• Federal Reserve Chair Kevin Warsh is expected to withhold his "dot plot" projection during the June 2026 meeting, while Bank of America reports at least three members may project further rate hikes for the year. • A rate cut is considered implausible due to rising inflation data, with May's wholesale producer prices (PPI) climbing 6.5% year-over-year and consumer prices (CPI) at 4.2%. • Economic uncertainty persists as G7 tariff discussions and fluctuating oil prices create a murky inflation outlook, despite a recent ceasefire providing some downward pressure.

• World leaders have gathered in Evian-les-Bains, France, for the 2026 G7 summit to address critical global challenges. • Indian Prime Minister Narendra Modi has met with German Chancellor Friedrich Merz and is scheduled to hold discussions with U.S. President Donald Trump today. • European leaders aim to persuade Trump to sustain sanctions and military aid to Kyiv while establishing a diplomatic framework between Europe, Ukraine, Russia, and the U.S.

• EastEnders actor Lacey Turner, known for her long-running role as Stacey Slater, has been announced as the first celebrity contestant for Strictly Come Dancing 2026. • The upcoming series is expected to mark a "new era" for the BBC show following a major structural overhaul of the program. • Turner brings a high profile to the competition, having won multiple awards for her television work and appearing in the BBC series Our Girl.

World leaders will be joined by Volodymyr Zelenskyy as they try to keep Donald Trump on sideSo what we now have is the leaders of Canada, EU, Germany, Italy, Japan, the UK waiting for Trump, Macron and Zelenskyy.It sounded as if someone, possibly Meloni, was telling some sort of story that involved the White House, but it’s impossible to make out what it was. Continue reading...

• The FCM M&E 2026 Trends Report indicates that MICE planners continue to prioritize face-to-face meetings despite a heightened focus on risk management and logistics. • Safety and flexibility have become primary drivers in decision-making, with planners implementing stricter oversight of event security and operational agility. • There is a significant shift toward ESG (Environmental, Social, and Governance) goals, with an emphasis on environmentally conscious venues, waste management, and positive community impact.