U.S.-China Fallout: Trump wrapped up his Beijing summit saying he made “no commitment” on Taiwan and won’t decide on arms sales “for a fairly short period,” while Xi warned Taiwan is the “most important issue” and cautioned against mishandling. Middle East Energy Shock: China urged the U.S. and Iran to negotiate and reopen the Strait of Hormuz, as the Strait’s near-standstill keeps global shipping and oil markets on edge. Ukraine Escalation: Russia hit Ukraine with an intense drone-and-missile barrage, killing at least 24 in Kyiv and injuring dozens, while Zelenskiy warned Russia may seek to involve Belarus in attacks. U.S. Domestic Pressure: Texas AG Ken Paxton launched a sweeping probe with the DOJ into meatpacking for possible antitrust violations tied to rancher pay and grocery prices. Germany–U.S. Tensions: A survey says German firms are passing tariff costs to Americans, and Merz called for Iran to return to talks. Climate & Migration: West and Central Africa leaders demanded more climate funding as displacement rises. Economy Mood: A Pew poll finds 59% of Americans think the best years are behind them. Aviation Upgrade: The U.S. plans $835.8M in air traffic control upgrades at eight airports. Philippines Finance: ADB offered Marcos $1.75B to cushion Middle East crisis impacts.