Australia will tighten enforcement of its children's social media ban, doubling the maximum fine for technology companies that systemically violate the rule to AUD99 million (about USD68 million) and directing the government to strengthen the internet regulator's information‑gathering powers.

Schnabel warned that even if a U.S.-Iran peace deal reopens the Strait of Hormuz, price pressures could be stronger than expected. She said food, goods and services inflation face upside risks and an energy-price shock could spill over more broadly. While welcoming recent energy-price declines tied to peace prospects, she cautioned against complacency, saying uncertainty remains high even as an announced deal reduces the probability of a worst-case scenario, and that oil is likely to stay elevated as the strait reopens only gradually. Seen as the Governing Council’s most hawkish member, Schnabel reiterated she expects the ECB to raise rates further to bring inflation back to 2% in the medium term; consumer inflation expectations have risen but there are not yet signs of wage pressures.

June 26, in Xi'an Shaanxi Party Secretary Zhao Yide and Governor Zhao Gang met with BYD Chairman Wang Chuanfu. Officials urged BYD to continue supporting and investing in Shaanxi and to deepen its presence in vehicle production, high-end manufacturing and technology R&D to bolster the province's new-energy vehicle (NEV) sector. BYD said it regards Shaanxi as a core strategic region after 23 years of cooperation and will strengthen practical cooperation on NEVs, power batteries and high‑power charging infrastructure. Shaanxi pledged to maintain a first‑class business environment and provide supportive conditions and services for BYD’s expansion.