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Dollar-Yen Hits 160.59 as BOJ Prepares 1% Rate Hike, June 13
Dollar-yen rises to 160.59 as BOJ prepares 1% rate hike while FOMC holds steady. Geopolitical easing supports yen. Watch central bank messaging.
Federal Judge Blocks Trump’s $1.8B ‘Anti-Weaponization Fund’ June 13
Judge Brinkema blocks Trump’s $1.8 billion anti-weaponization fund indefinitely, rejecting DOJ mootness claims despite administration statements.
Biel Power Outage Cuts City June 12, Hospitals Unaffected
Biel power outage on June 12 caused by equipment failure at Mett substation. Most areas restored within 48 minutes. No injuries reported.
Mass Shooting in Midland, Texas Kills 1, Injures 10 on June 12
One killed, 10 injured in Midland, Texas shooting. Suspect Victor Mata Villarreal found dead after standoff. Texas Rangers investigating.
Stadler Rail Unveils New SBB Freight Locomotive, June 13
Stadler Rail and SBB unveil EURO DuFour freight locomotive with 15% lower energy consumption and 20% less rail wear.
Social Security Trust Fund Depletes in 2032, States Grapple With Taxation
Social Security trust fund depletes in 2032. Eight states still tax benefits. Experts debate fixes as funding shortfall looms for future retirees.
Labor’s CGT and Negative Gearing Reforms Reshape Australian Tax System, June 13
Labor’s 2026 Budget replaces the 50% CGT discount with inflation indexation and a 30% minimum tax on capital gains from July 2027.
Swiss Government Land Seizure in Raub Sparks Demolition Row, June 13
Swiss authorities demolished an illegal four-storey structure on government land, costing 600,000 francs to enforce property laws.
Beisia Opens First Discount Store “Kokotoku” on June 12
Beisia opens discount supermarket “Kokotoku” in Saitama June 12, with 1-2 decade lower prices. Plans 5 stores in 2 years.