June 4, 2026
United States:
Iran Says No Progress in US Talks as Lebanon Sees More Clashes
Iran said there had been no recent progress in talks with the US over an interim peace deal, while fighting persisted in Lebanon despite Washington’s declaration of a ceasefire between Israel and the country.
Iranian Foreign Minister Abbas Araghchi said late Wednesday that “no tangible progress has been achieved in the negotiation process” with the US, according to the semi-official Tasnim news agency.
Europe:
UK Job Cut Notices Surge to Highest Since 2020 as Iran War Bites
The number of British workers that face losing their jobs jumped to its highest in more than five years, the latest sign that the labor market is deteriorating amid the economic effects of conflict in the Middle East.
More than 37,000 potential layoff notices — a leading indicator of future job cuts — were filed in the four weeks to May 24, up 62% on a similar period last year, data from the Insolvency Service showed.
Asia:
BOJ Is Said to Mull June Rate Hike With Another Possible in 2026
Bank of Japan officials are set to consider a quarter percentage point increase to the benchmark interest rate this month and see the possibility of a further rate hike later this year, according to people familiar with the matter.
The BOJ is likely to discuss raising the policy rate to 1% at its meeting ending June 16, the people said.
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