Energy & Infrastructure Shock: Cuba suffered a nationwide blackout as fuel reserves dwindle and the grid deteriorates, with transport and surgeries disrupted. Inflation Watch: Estonia reported June CPI up 2.3% year-on-year, the slowest since April 2021, while the euro zone outlook remains “fragile” as ECB policymaker Fabio Panetta warned growth and inflation risks are still mixed. Startup & Capital Flows: Woori Financial Group unveiled a 7 trillion won ($4.5bn) roadmap to fund startups across their life cycle, and Korea Investment Corp opened a Tokyo office to expand Asia-Pacific investing. M&A & Market Regulation: Qatar’s QFMA received five acquisition/merger applications worth QR1.322bn in 2025; in the UK, Databarracks bought Acumen to expand business resilience services. Trade & Geopolitics: China and Japan gave conflicting accounts of a Senkaku Islands coast-guard confrontation, underscoring ongoing maritime risk. Business Climate Signals: NFIB’s June report showed small-business job openings largely flat, with hiring plans steady but qualified-worker shortages persisting. Corporate Moves: RENK plans to buy UK’s David Brown Defence to expand naval propulsion, while GTCR agreed to sell Corza Medical’s Biosurgery unit to EQT.