Spain's economy minister said the government forecasts GDP growth of 2.2% in 2027, 2.1% in 2028 and 2.0% in 2029.

Institutions expect hog production capacity drawdown to accelerate in June, citing two drivers: sustained deep losses in pig farming and falling piglet prices. After a May rebound, hog prices resumed sliding and since June both self-breeding and purchased-piglet operations have lost over 300 yuan per head. 7kg piglet prices stalled at end-May and fell below 200 yuan in mid-June, pushing the sow-to-piglet segment into loss. Market participants are confident this will accelerate capacity exits and improve forward supply; beyond price-driven exits, policy measures have turned to enforcement—June measures to curb overcompetition have been given hard targets and a 'four leads' directive, with effects likely to emerge over time.

AP: Pakistan says it conducted ground operations and strikes in an area along the Afghanistan border, killing 29 militants.