Lebanon Economy Shock: Lebanon’s recovery is taking another hit as the Israel-Hezbollah war disrupts tourism and damages infrastructure, with early losses estimated at $20–30B and inflation pressures rising as the Strait of Hormuz risk looms. Hormuz Energy Risk: Iran’s new Persian Gulf Strait Authority says it has shut the Strait of Hormuz to all shipping, escalating fears of a major oil supply crisis and spiking insurance costs. US-Iran Deal Politics: Trump says he’ll send the still-secret interim Iran deal to Congress for review, while lawmakers complain they haven’t seen the text; the MOU is tied to extending a ceasefire and reopening Hormuz. G7 Focus: G7 leaders in France are coordinating responses on Ukraine and the Middle East, with Trump pressing Israel on Lebanon and warning of nuclear consequences for Iran. Jobs & Talent Practices: Oman’s “certificate culture” is blamed for starving corporate talent, while a workplace strategy report flags ageing workforces and talent gaps across EMEA. Regional HR/Legal Cooperation: Arab justice ministers discussed strengthening Arab legal cooperation, including mechanisms to combat terrorism. Iraq PPP Setback: The World Bank’s IFC says it remains committed to Iraq’s Baghdad airport PPP even after the government canceled a $764M contract amid corruption allegations. Workplace Restructuring: Robinhood cuts 10% of staff and closes some job listings as it streamlines operations.