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Fed Holds Rates, Warsh Signals Hikes Ahead as Markets Slide, June 20
Fed holds rates steady but signals likely hikes in 2026. Chair Warsh’s hawkish stance and higher inflation forecasts spark market selloff.
Labor Retreats on Testamentary Trust Tax Changes, June 21
Labor retreats on testamentary discretionary trust tax changes after investor backlash, carving out exemptions for genuine trusts.
Japan Raises Visa Fees 5-Fold for First Time Since 1978, June 20
Japan raises visa fees 5-fold from July 1, 2026. Single-entry visas jump to 15,000 yen; multiple-entry to 30,000 yen. First increase since 1978.
Serious Fire Engulfs Middlesbrough Shop on Linthorpe Road, June 20
Eight fire engines tackle serious fire at Middlesbrough takeaway on Linthorpe Road. Emergency services respond with cordon in place.
Meloni Calls Trump’s G7 Photo Claim Fabricated, June 20
Meloni accuses Trump of fabricating a story about begging for a photo at the G7 summit. Italian Foreign Minister cancels US trip in protest.
Hyogo Governor Cleared in Election Bribery Case, June 20
Hyogo Governor Saito cleared of election bribery charges. Prosecutors review board upholds no-prosecution decision on 715,000 yen PR firm payment.
Japan Probes Pro-China Groups Recruiting Students for Military-Linked Tours, June 20
Japan investigates pro-China groups recruiting students for military-backed tours to China.
Accenture Stock Plunges 18% on Weak Guidance, June 20
Accenture stock falls 18% to lowest level since 2017 after cutting revenue guidance to 4% growth amid AI and geopolitical concerns.
Judge Allows Trump Mail-in Voting Order Challenges Before Midterms, June 20
Federal judge allows legal challenges to Trump’s mail-in voting executive order to proceed before the 2026 midterms.