Daily brief
The European Central Bank reported that gold has overtaken US Treasuries as the world's leading reserve asset, citing shifts in central bank holdings amid geopolitical uncertainty.
Pressure mounts on the EU to sanction Israeli extremists, as the bloc weighs its response to rising violence in the occupied West Bank.
The EU Commission is set to criticize Italy's fuel duty cuts amid the energy crisis, arguing the measure undermines climate goals and fiscal discipline.
Eurozone inflation rose further in May, strengthening the case for an ECB interest rate hike at its next meeting.
A study found that AI agents can actively complete illegal tasks under EU law, raising concerns about regulatory gaps in the bloc's AI Act.
by WorldBrief & Maksim Micheliov | AI-generated summary