The Global Week Ahead
The Israeli-Iran War Expands, Canada hosts the G7+, the UN Holds a High-level Two-State Solution Conference, and the Fed, Bank of England, and Bank of Japan Meet on Interest Rates
Israel and Iran are now going into their fourth day of ballistic missile strikes on each other after Israeli fighter bombers struck Iranian nuclear facilities, targeting senior Iranian military leaders and nuclear scientists. At the time of this writing, it appears the targeting has expanded away from military targets to civilian targets, including energy and infrastructure.
As to how long the fighting will continue, there is no clear answer but from all the conversations we have had with US government officials and Middle Eastern experts, it will likely last weeks if not months as Israeli Prime Minister Benjamin Netanyahu has made clear Israel will not let up until Iran’s growing stockpile of highly enriched uranium and all the enrichment facilities, centrifuge production lines, and other affiliated support facilities are destroyed.
But fully succeeding in destroying those facilities will not be easy, as Iran has spent years not only fortifying them but also making them particularly hard to hit. The best example of this is the Fordow Fuel Enrichment Plant, which is built deep into a mountain in Qom, Iran, estimated as deep as half a mile down. It is estimated there could be as many as 3,000 centrifuges inside Fordow. But destroying the facility is particularly hard since the facilities are buried so deeply into the mountain, and Israel is not seen as having the military capability to destroy it (only the US has the capacity).
Overall, there are an estimated twelve other nuclear facilities being targeted by Israel, and, according to initial reports, many of them have been struck and destroyed by Israeli forces.
The big question for markets will be how far the fighting spreads, specifically, to the oil and gas sector. Israel has hit the main gas depot and central oil refinery in Tehran and reportedly has hit a major natural gas facility in Bushehr, Iran. And fear is growing that Israel could focus on other Iranian oil and gas facilities.
The Israeli-Iranian fighting is going to dominate the G7+ meetings that begin Monday in Canada. But the current trade tensions brought by President Trump’s “Liberation Day” will also be a major focus of the meetings. All of the G7 leaders (the US, Japan, Canada, the UK, France, Germany, and Italy) plus the invited guest leaders of India, Ukraine, Mexico, South Africa, and South Korea will be gathered in Alberta for two days of meetings. There are reports that President Trump is hoping to announce trade deals with Canada, Mexico, and Japan, but we cannot confirm this and are doubtful they will be announced during the summit.
Elsewhere, the United Nations is holding a high-level conference this week to discuss the feasibility of a two-state solution with Israel and Palestinians. The event is being co-hosted by French President Emmanuel Macron and Saudi Arabia’s Deputy Crown Prince Mohammed Bin Salem. The US is boycotting the event and urging other countries not to participate.
In Washington, we are watching to see what President Trump does with TikTok this week as the latest deadline for the company to suspend operations Thursday. We are expecting Trump to again give an extension for the parent company, ByteDance, in the hope that a compromise can be reached.
Kazakhstan will be the scene of an important meeting of Central Asian leaders and Chinese President Xi Jinping at the China-Central Asia Leaders’ Summit. The leaders of Turkmenistan, Tajikistan, Uzbekistan, Kyrgyzstan, and Kazakhstan – all mineral-rich and eager to expand trade ties with China – will discuss ways to better coordinate on policy and trade.
Looking at the global markets radar screen, it will be a big week for central banks as the US Federal Reserve, the Bank of England, and the Bank of Japan each meet to discuss interest rates. With all that is happening in the Middle East with spiking oil prices along with ongoing global trade tensions, we do not envy any of these central banks in deciding which way to go on rates.
Looking at major economic reports being released this week, in the US, it is a shortened week with the Juneteenth holiday on Thursday (markets are closed). But on Tuesday, we will see two May economic activity reports, retail sales and industrial production reports, released. And on Wednesday, housing market data is due for release.
In Asia, Japan’s May trade balance is out on Wednesday, and its May CPI print is out on Friday. And China releases industrial production and retail sales figures. And in Europe, there are a large number of speeches by European Central Bank Board members, plus the Eurogroup meets in Luxembourg on Thursday. The major reports markets include Germany’s ZEW June Survey, along with the business confidence figures. France releases its May retail sales on Friday.
Below are all the other major geopolitical and geoeconomic events we are tracking this coming week:
Sunday, June 15, 2025
Global
· The G7 Leaders’ Summit begins in Alberta, Canada and goes through June 17. In advance of the meeting, the 50th G7 meeting, Canadian Prime Minister Mark Carney, who is chairing the Summit, announced the priorities for the meeting will include: “1) Protecting our communities and the world—strengthening peace and security, countering foreign interference and transnational crime, and improving joint responses to wildfires. 2) Building energy security and accelerating the digital transition—fortifying critical mineral supply chains and using artificial intelligence and quantum to unleash economic growth, and 3) Securing the partnerships of the future—catalyzing enormous private investment to build stronger infrastructure, create higher-paying jobs, and open dynamic markets where businesses can compete and succeed.
· The US hosts the FIFA World Cup 2025 through July 13. 32 teams will take part in the newly expanded format.
· It is Father’s Day, celebrated globally.
Americas
Political/Social Events –
· French President Emmanuel Macron and Danish Prime Minister Mette Frederiksen pay a joint visit to Greenland. The point of the meeting is to support the independence of Greenland in the face of President Trump’s efforts to acquire it, which Macron has termed as “preying on” the Danish territory.
Economic Reports/Events –
· Peru GDP Growth Rate (April)/ Unemployment Rate (May)
Asia
Political/Social Events –
· Nothing significant to report.
Economic Reports/Events –
· Nothing significant to report.
Europe
Political/Social Events –
· There will be an informal meeting of EU Agricultural Ministers through June 17 in Warsaw.
· Cities in Spain, Portugal, France, Italy, Croatia, and Greece will participate in the Southern European Meeting Against Touristization (SET) 2025. The point of the conference is to find ways to curb mass tourism.
· Zug, Switzerland holds Executive Council by-elections.
Economic Reports/Events –
· Nothing significant to report.
Middle East
Political/Social Events –
· Morocco and France, in addition to eight other countries from the 5+5 Defense Initiative, will conduct the Sea Border 25 joint naval exercise through June 20.
Economic Reports/Events –
· Israel Balance of Trade (May)/ GDP Growth Annualized 2nd Est Q1/ Unemployment Rate (May)
· Saudi Arabia Inflation Rate (May)/ Wholesale Prices (May)
· Jordan Unemployment Rate Q1
Africa
Political/Social Events –
· Nothing significant to report.
Economic Reports/Events –
· Nothing significant to report.
Monday, June 16, 2025
Global
· The UN Security Council will is scheduled to hold consultations on Protection of civilians in armed conflict. In the afternoon, the Security Council is scheduled to hold consultations on Sudan.
· OPEC releases its monthly oil report.
· The UN Climate Change June Climate Meetings in Bonn, Germany begin and run through June 26.
Americas
Political/Social Events –
· A U.S. Federal Judge is scheduled to hear the legal arguments over the White House’s efforts to block Harvard’s ability to have international students.
· The US House of Representatives is out of session this coming week, but the US Senate is in session.
Economic Reports/Events –
· Brazil IBC-BR Economic Activity APR/ BCB Focus Market Readout
· Canada Housing Starts MAY
· USA NY Empire State Manufacturing Index/ NOPA Crush Report
Asia
Political/Social Events –
· Chinese President Xi Jinping will arrive in Kazakhstan for meetings in advance of the China-Central Asia Leaders’ Summit (which begins the following day). Xi is looking to deepen ties with the mineral-rich country and expand trade overall.
· Russian Foreign Minister Sergei Lavrov will travel to New Delhi, India for meetings with Indian External Affairs Minister Subrahmanyam Jaishankar.
· Indian Prime Minister Narendra Modi will visit Cyprus through June 16.
· US, Japanese, and Philippine Coast Guard units will be holding drills off the coast of the Philippines.
Economic Reports/Events –
· The Bank of Japan meets to discuss monetary policy.
· New Zealand Composite & Services NZ PCI MAY
· China House Price Index YoY MAY/ Industrial Production YoY MAY/ Retail Sales YoY MAY/ Fixed Asset Investment (YTD) YoY/ Unemployment Rate MAY/ New Yuan Loans MAY/ M2 Money Supply YoY MAY/ Outstanding Loan Growth YoY MAY/ Total Social Financing MAY
· India WPI Food/ Fuel/ Inflation/ Manufacturing Index YoY MAY
· Pakistan Interest Rate Decision
· Kazakhstan Industrial Production YoY MAY
· Sri Lanka Manufacturing PMI MAY/ Services PMI MAY
· Singapore Balance of Trade MAY
Europe
Political/Social Events –
· There will be an EU Transport, Telecommunications, and Energy (Energy) meeting Luxembourg. Ministers will be invited to express their opinions on the REPowerEU roadmap, which the Commission made public on 6 May. The roadmap follows up on the March 2022 European Council meeting, when leaders agreed to phase out Europe's dependency on Russian energy imports as soon as possible.
· There will be an informal meeting of EU Agriculture Ministers through June 17 in Warsaw, Poland.
· The 55th Paris Air Show begins in Le Bourget Airfield and runs through June 22.
· The International Conference on the Science of Science and Innovation begins in Copenhagen, Denmark.
Economic Reports/Events –
· European Central Bank Board Member Piero Cipollone will give the opening at the Osservatorio Banca Impresa 2030 Meeting in Milan, Italy.
· Switzerland Producer & Import Prices YoY MAY/ SECO Economic Forecasts
· Turkey Current Account APR/ Retail Sales YoY APR/ Budget Balance MAY
· Italy Inflation Rate YoY Final MAY
· Euro Area Labour Cost Index YoY Final Q1/ Wage Growth YoY Q1
· Serbia Building Permits APR
· Poland Core Inflation Rate YoY MAY
· Belarus Industrial Production YoY MAY
Middle East
Political/Social Events –
· Nothing significant to report.
Economic Reports/Events –
· Israel M1 Money Supply YoY MAY
Africa
Political/Social Events –
· Nothing significant to report.
Economic Reports/Events –
· Angola Foreign Exchange Reserves MAY/ M3 Money Supply YoY MAY
· Nigeria Food Inflation YoY MAY/ Inflation Rate YoY MAY
Tuesday, June 17, 2025
Global
· A UN Conference – co-chaired by Saudi Arabia’s Deputy Crown Prince Mohammed Bin Salme and France’s President Emmanual Macron – on a possible two-state solution with Israel will begin and run through June 20. Entitled “Peaceful Settlement of the Question of Palestine and the Implementation of the Two-State Solution” will involve an estimated 150 countries. However, Israel and the U.S. have elected not to participate. The US has condemned the conference and urged other countries not to participate. President Emmanuel Macron has suggested France could recognize a Palestinian state in Israeli-occupied territories at the conference. Saudi Crown Prince Mohammed bin Salman may attend but has not confirmed his attendance yet.
· The UN Security Council is scheduled to hold a briefing on the Middle East, followed by consultations on the Middle East (Syria).
· The International Energy Agency (IEA) June 2025 Oil Report is released.
Americas
Political/Social Events –
· The Economic Commission for Latin America and the Caribbean (ECLAC) Regional Conference on South – South Cooperation in Latin America and the Caribbean is held in Santiago, Chile. The Conference brings together representatives of the region’s countries, the United Nations system, and regional and international organizations.
· Mexico’s Federal Economic Competition Commission (Cofece) – the country’s antitrust body – will deliver a ruling on Google’s alleged monopoly in the digital advertising market.
· Argentina celebrates The Commemoration of General Don Martín Miguel de Güemes, a public holiday. The day commemorates the general who helped win Argentina’s independence from Spain in 1820.
· Virginia holds gubernatorial primaries.
Economic Reports/Events –
· The US Federal Reserve Board’s Open Markets Committee meets today and tomorrow to discuss interest rates.
· Canada Foreign Securities Purchases APR
· USA Import & Export Prices YoY MAY/ Retail Sales YoY MAY/ Redbook YoY JUN/14/ Capacity Utilization MAY/ Industrial Production YoY MAY/ Manufacturing Production YoY MAY/ Business Inventories MoM APR/ NAHB Housing Market Index JUN/ API Crude Oil Stock Change JUN/13/ International Monetary Market (IMM)
· Chile Interest Rate Decision
Asia
Political/Social Events –
· The China-Central Asia Leaders’ Summit will take place in Astana, Kazakhstan. The Summit brings together the leaders of China, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan.
· New Zealand's Prime Minister Christopher Luxon will visit China through June 20.
· Russia and North Korea will resume passenger train connections after a 4-year hiatus.
· The Circular Economy Forum 2025 begins in Manila. The event, sponsored by the Asian Development Bank, runs through Thursday and the primary focus of this year’s conference is how to reduce plastic pollution.
Economic Reports/Events –
· South Korea Import & Exports Prices YoY MAY
· New Zealand Import Prices YoY MAY/ Global Dairy Trade Price Index JUN
· Singapore Non-Oil Exports YoY MAY
· Japan Bank of Japan Interest Rate Decision
· Hong Kong Unemployment Rate MAY
· Philippines Cash Remittances APR
Europe
Political/Social Events –
· The EU Environmental Council meets in Luxembourg. EU Environmental Ministers are expected to reach an agreement on the Council's position regarding a new regulation that will replace the current directives on end-of-life vehicles (ELV), as well as those on reusability, recyclability, and recoverability. Ministers will also exchange views on the preparations for the 30th Conference of the Parties to the United Nations Framework Convention on Climate Change (COP30), which will take place in the Brazilian city of Belém in November 2025.
· The SeaEnergy Forum which is focused on offshore renewable energy begins in Paris and runs through June 18.
· Today is Iceland Independence Day, celebrating the country’s freedom from Denmark.
· In England, the Royal Ascot horse races begin. The races were first run in 1711 when Queen Anne arranged them.
Economic Reports/Events –
· Hungary Gross Wage YoY APR
· France IEA Oil Market Report
· Euro Area ZEW Economic Sentiment Index JUN
· Germany ZEW Economic Sentiment Index JUN/ ZEW Current Conditions JUN
· Ireland Balance of Trade APR
· Belarus GDP YoY MAY
Middle East
Political/Social Events –
· Nothing significant to report.
Economic Reports/Events –
· Nothing significant to report.
Africa
Political/Social Events –
· Nothing significant to report.
Economic Reports/Events –
· Nigeria GDP Growth Rate YoY Q1
Wednesday, June 18, 2025
Global
· Nothing significant to report.
Americas
Political/Social Events –
· US Trade Representative Jamison Greer will host Malaysian Trade Minister Tengku Zafrul Aziz for trade talks. Malaysia was hit with a 24 percent “reciprocal” tariffs when President Trump announced the “Liberation Day” tariffs.
· The US Senate Judiciary Committee holds hearing on Joe Biden’s ‘cognitive decline’ and possible cover-up. The Senate is now following the House of Representatives in running a probe into the then-President’s mental state and if a group of aides covered it up.
· Today is Juneteenth National Independence Day, a public holiday in the US.
· Argentinian unions will go on strike in advance of former President Cristina Fernandez’s court appearance which will begin her six-year prison sentence for corruption.
Economic Reports/Events –
· The Federal Reserve Open Market Committee votes on interest rates. Fed Chair Jay Powell holds a press conference at 2:00 p.m.
· USA MBA Mortgage Market Index JUN/13/ MBA Mortgage Refinance Index JUN/13/ MBA Purchase Index JUN/13/ Building Permits Prel MAY/ Housing Starts MAY/ EIA Crude Oil & Gasoline Stocks Change JUN/13/ 15- & 30-Year Mortgage Rate JUN/19/ Net Long-term TIC Flows APR/ Foreign Bond Investment APR/ Overall Net Capital Flows APR
· Governor of the Bank of Canada Tiff Macklem will give a speech at the St. John’s Board of Trade.
· Chile Monetary Policy Meeting Minutes
· Mexico Aggregate Demand YoY Q1/ Private Spending YoY Q1
· Colombia ISE Economic Activity YoY APR
· Argentina Retail Sales YoY APR/ Leading Indicator MoM MAY
· Brazil Interest Rate Decision
Asia
Political/Social Events –
· Japanese Prime Minister Shigeru Ishida will host German President Frank-Walter Steinmeier for bilateral talks. Steinmeier, who will be in Japan through June 20, will also meet with Japanese Emperor Naruhito and then travel to Osaka to attend Expo 2025.
· China will hold its annual 618 Shopping Festival. It is a major e-commerce shopping campaign here retailers offer significant discounts and promotions and dovetails with the government’s drive to increase consumer spending.
· The inaugural Nikkei Forum Medini, co-organized by Nikkei Inc. and Iskandar Investment, will take place over two days in Medini, Malaysia's southern state of Johor, bringing together global leaders and experts to discuss regional integration, clean energy, finance, technology and innovation. Malaysian Prime Minister Anwar Ibrahim will deliver the keynote address on Thursday.
Economic Reports/Events –
· New Zealand Current Account Q1
· Japan Imports/ Exports/ Balance of Trade MAY/ Machinery Orders YoY APR
· Australia Westpac Leading Index MoM MAY
· Indonesia Interest Rate Decision/ Lending & Deposit Facility Rate JUN
Europe
Political/Social Events –
· Russian President Vladimir Putin will host Indonesian President Subianto Prabowo for meetings through June 20. Prabowo, who is skipping attending the G7 Meetings in Canada despite being personally invited by Canadian Prime Minister Mark Carney, will also attend the 28th International Economic Forum in St. Petersburg which begins today. Putin is expected to give the opening remarks. 137 countries are sending participants to the Summit.
· Guernsey (England) holds elections.
Economic Reports/Events –
· European Central Bank Board Member Frank Elderson gives the keynote speech at the SRB Legal Conference 2025 "Banking Crises – law, policy and practice: European and global perspectives" in Brussels, Belgium.
· European Central Bank Board Member Sharon Donnery will give a speech at the Credit Management Summit 2025 in Milan, Italy.
· Bank of England Executive Director for Prudential Policy David Bailey will give a speech at Risk.net Live Europe Conference in London entitled “Innovation and Growth: The PRA’s Approach to Competitiveness.”
· European Central Bank Board Member Pedro Machado will participate on a panel at the SRB Legal Conference 2025 "Banking Crises – law, policy and practice: European and global perspectives" in Brussels, Belgium.
· European Central Bank Board Member Philip R. Lane will chair the keynote session at 9th Annual Macroprudential Conference organized by Deutsche Bundesbank, De Nederlandsche Bank, Central Bank of Ireland and Sveriges Riksbank in Amsterdam, Netherlands.
· European Central Bank Board Member Luis de Guindos will give dinner remarks at the Osservatorio Permanente Giovani-Editori in Milan, Italy.
· Great Britain Inflation Rate YoY MAY/ Retail Price Index YoY MAY
· Slovakia Harmonized Inflation Rate YoY MAY
· Euro Area Current Account APR/ CPI Final MAY/ Inflation Rate YoY Final MAY/ Eurogroup Meeting
· Italy Current Account APR
· Serbia Current Account APR
· Russia Consumer Confidence Q2
Middle East
Political/Social Events –
· Nothing significant to report.
Economic Reports/Events –
· Nothing significant to report.
Africa
Political/Social Events –
· Commonwealth Trade Ministers will meet through June 20 in Windhoek, Namibia. Simultaneously, the inaugural Commonwealth Business Summit will be held.
· Today is Seychelles Constitution Day, a national holiday.
Economic Reports/Events –
· South Africa Inflation Rate YoY MAY/ Retail Sales YoY APR
Thursday, June 19, 2025
Global
· Guyana’s President Ali will chair the UN Security Council meeting to discuss policies to alleviate poverty to further global peace and security.
Americas
Political/Social Events –
· Today is Juneteenth. Financial markets in the US are closed.
· Today is the deadline for ByteDance, the Chinese parent company of TikTok, to divest the US assets. However, President Trump is expected to authorize and provide an extension.
Economic Reports/Events –
· Canada CFIB Business Barometer (JUN).
· Argentina Consumer Confidence, Balance of Trade, Unemployment
Asia
Political/Social Events –
· Nothing significant to report.
Economic Reports/Events –
· New Zealand GDP Growth Rate YoY Q1
· Japan Reuters Tankan Index JUN/ Foreign Bond Investment JUN/14/ Stock Investment by Foreigners JUN/14
· Philippines Central Bank Interest Rate Decision
· Australia Employment Change MAY/ Unemployment Rate MAY/ Participation Rate MAY
· South Korea PPI
Europe
Political/Social Events –
· The Eurogroup will meet in Luxembourg. Ministers are expected to discuss the International Monetary Fund Article IV review of euro area policies , Budgetary developments in euro area members, Euro area enlargement, specifically Bulgaria, and the Eurogroup President election process.
· The London-based think tank, Chatham House, holds its 10th London Conference. A large number of government and corporate leaders will be in attendance and/or speaking.
Economic Reports/Events –
· European Central Bank President Christine Lagarde will give a speech at the 9th Annual Research Conference "Economic and financial integration in a stormy and fragmenting World" organized by National Bank of Ukraine and National Bank of Poland in Kyiv, Ukraine.
· European Central Bank Board Member Claudia Buch participates in a fireside chat at the Room for Discussion event organized by the University of Amsterdam in Amsterdam, Netherlands.
· European Central Bank Board Member Luis de Guindos will give a speech on "The challenges of this century, Eurozone economic outlook" at Young Factor conference organized by Osservatorio Permanente Giovani-Editori in Milan, Italy.
· European Central Bank Board Member Claudia Buch will moderate a policy panel at 9th Annual Macroprudential Conference organized by Deutsche Bundesbank, De Nederlandsche Bank, Central Bank of Ireland and Sveriges Riksbank in Amsterdam, Netherlands.
· European Central Bank President Christine Lagarde give a video remark at Financi'Elles event dedicated to 60 years of the law on the financial emancipation of women.
· Bank of England Interest Rate Decision and meeting minutes
Middle East
Political/Social Events –
· Nothing significant to report.
Economic Reports/Events –
· Turkey Central Bank Interest Rate Decision
Africa
Political/Social Events –
· Nothing significant to report.
Economic Reports/Events –
· Nothing significant to report.
Friday, June 20, 2025
Global
· Nothing significant to report.
Americas
Political/Social Events –
· Nothing significant to report.
Economic Reports/Events –
· US Philadelphia Fed’s Manufacturing Index/Business Conditions/CAPEX Index/Employment/New Orders
· Canada New Housing Price Index, Retail Sales, PPI, Raw Materials Prices
· Colombia Imports/Exports/Balance of Trade
Asia
Political/Social Events –
· Nothing significant to report.
Economic Reports/Events –
· China FDI (YTD), Central Government Debt, Loan Prime Rate 1Y/5Y
· Japan Inflation, Bank of Japan Policy Meeting Minutes
· India Central Bank Monetary Policy Summary of Rate Decisions, Bank Loan Growth
Europe
Political/Social Events –
· The EU Employment, Social Policy, Health and Consumer Affairs Council (Social Policy) will meet in Luxembourg. Ministers will seek agreement on the quality framework for traineeships, the Equal Treatment Directive, and gender equality in the AI-driven digital age.
· Italian Prime Minister Giorgia Meloni and European Commission President Ursula von der Leyen will co-host a joint summit of Italy's Mattei Plan — Rome's strategic development initiative for Africa — and the European Union's Global Gateway strategy, the bloc's flagship infrastructure investment framework.
Economic Reports/Events –
· European Central Bank Board Member Pedro Machado participates on a panel discussion at Banco de España's Legal Conference "Central banks and supervisors, emerging challenges and the law" in Madrid, Spain.
· ECB Economic Bulletin, Eurozone Consumer Confidence
· Italy Construction Output
· Germany PPI
· UK Retail Sales, Public Sector Net Borrowing ex-Banks
· France Business Confidence and Consumer Confidence
· Russian Central Bank Summary of Key Rate Decision
Middle East
Political/Social Events –
· Turkish President Erdogan will host Armenian Prime Minister Pashinyan in Ankara. The two leaders are expected to discuss efforts to reach a peace agreement between Armenia and Azerbaijan.
Economic Reports/Events –
· Turkey Consumer Confidence
Africa
Political/Social Events –
· The West African Economic Summit 2025 begins in Abuja, Nigeria and runs through June 21.
· Today is Martyr’s Day in Eritrea, a national holiday.
Economic Reports/Events –
· Nothing significant to report.
Saturday, June 21, 2025
Global
· Nothing significant to report.
Americas
Political/Social Events –
· Nothing significant to report.
Economic Reports/Events –
· Nothing significant to report.
Asia
Political/Social Events –
· Nothing significant to report.
Economic Reports/Events –
· Nothing significant to report.
Europe
Political/Social Events –
· Nothing significant to report.
Economic Reports/Events –
· Nothing significant to report.
Middle East
Political/Social Events –
· The Organization of Islamic Cooperation (OIC) of Foreign Ministers will meet in Istanbul, Turkey through June 22.
Economic Reports/Events –
· Nothing significant to report.
Africa
Political/Social Events –
· Today is Martyrs’ Day in Togo, a national holiday.
Economic Reports/Events –
· Nothing significant to report.
Sunday, June 22, 2025
Global
· Nothing significant to report.
Americas
Political/Social Events –
· U.S. Speaker of the House Michael Johnson (R-LA) is scheduled to visit Israel. He will address the Israeli Knesset (NOTE: Johnson’s trip may be canceled because of the outbreak of fighting between Israel and Iran.)
· Today is the tentative date Telsa will launch their new Robotaxis in Austin, Texas.
Economic Reports/Events –
· Nothing significant to report.
Asia
Political/Social Events –
· The Tokyo Metropolitan Assembly elections take place. There are 127 seats representing the 14 million residents of Tokyo open for election.
· Today is the 60th anniversary of Japan and South Korea establishing diplomatic ties.
Economic Reports/Events –
· Nothing significant to report.
Europe
Political/Social Events –
· Nothing significant to report.
Economic Reports/Events –
· Nothing significant to report.
Middle East
Political/Social Events –
· Nothing significant to report.
Economic Reports/Events –
· Nothing significant to report.
Africa
Political/Social Events –
· The US-Africa Business Summit begins in Luanda, Angola. More than 1,500 attendees including a number of African government leaders, are expected to attend the three-day event.
Economic Reports/Events –
· Nothing significant to report.