Global Economy: The World Bank warns global growth may slow sharply to 2.5% in 2026 as Middle East tensions push up energy prices, inflation and borrowing costs, with risks worsening if supply disruptions expand. Climate & Disasters: ICIMOD says even a below-normal monsoon in the Hindu Kush Himalaya won’t cut disaster risk—short bursts of intense rain, heat and water stress could still trigger floods and landslides. Parliament & Policy: Nepal’s HoR unanimously approved the Intangible Cultural Heritage (Protection) Bill, 2083, moving it for consideration, while the House also passed the Appropriation Bill, 2083. Public Health: A rabies vaccine shortage is leaving patients turned away at facilities like Sukraraj Tropical and Infectious Hospital, raising fears of a looming health emergency. Transport & Regulation: Kathmandu Valley’s public transport system is set for major restructuring under KUTP/ADB support, and the Transport Department ordered clear load-capacity entries in vehicle “blue books.” Business & Consumer: The commerce department fined 12 firms, including Singha Durbar’s central canteen, over consumer protection violations. Energy Sector: The energy minister says Nepal is at the “starting point” of energy transformation, with new bills planned and a push for private sector participation. Finance & Banking: Bindra Hada Bhattarai appointed to Global IME Bank’s board, as IME marks 26 years focused on digital remittance and inclusion. Legal & Labour: The Supreme Court refused an interim order against dissolving civil servants’ trade unions, clearing the way for government action. Nepal–China Ties: Foreign Minister Shishir Khanal will visit China June 14–17 for talks and an investment conference.