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Sweden’s Gripen Fighter Jet Expands Global Orders, Ukraine Secures 36 Aircraft
Ukraine orders 20 Gripen E/F jets for EUR 2.5 billion plus 16 free C/D models from Sweden, with Brazil planning additional purchases.
Wealthsimple Opens IPO Access to Retail Investors, SpaceX Joins June 04
Wealthsimple IPO Access lets Canadian retail investors request shares in select IPOs at offering price with no minimum order or fees.
UK Tightens Passport Rules for Dual Citizens, Stranding Canadians, June 04
From February 25, 2026, dual British-Canadian citizens must use British passports to enter the UK. Canadian passports alone are no longer accepted.
Russia’s Economy Faces Stagnation as Investment Collapses, June 05
VTB Bank warns Russia’s economy faces stagnation in 2026 with capital investment down 14.3% and borrowing costs high. Growth forecast at 0% to 0.5%.
Singapore Clarifies Retrenchment Rules After H&M Restructuring, June 05
Singapore’s MOM and NTUC clarify that workers are retrenched if their Singapore role becomes redundant, even if they apply for overseas positions.
AI Stock Rally Creates 2 Million New Millionaires in 2025
AI-driven stock rally creates 2 million new millionaires globally in 2025. Global HNWI wealth reaches $98.3 trillion amid strong growth.
Japan’s BOJ Hints at June Rate Hike as Inflation Concerns Rise, June 05
BOJ Governor Ueda signals June rate hike to combat inflation. Yen remains weak at 160 per dollar despite hawkish signals.
Macquarie Fields High School Closed After Vandalism, June 05
NSW high school closes after vandals smash windows, spray graffiti, and damage 20+ classrooms. Police investigate. Students moved to remote learning.
Ancient Yeast Bakes 5,300-Year-Old Sourdough, June 05
Scientists extract yeast from 5,300-year-old mummy Ötzi and successfully bake sourdough bread using ancient fungi. Researchers plan to brew beer next.