June 13, Thursday, 2024

1. Leaders of the Group of Seven nations are aiming to reach an agreement on a plan to utilize frozen Russian assets to support Ukraine. One of the main focuses is whether the G7 nations will agree to utilize Russia’s central bank assets, which have been frozen by Western sanctions, to assist Ukraine.
2. The World Bank says Myanmar’s economy faces some extremely difficult challenges, as inflation surges and trade falls. Fighting has been raging in the country since the military seized power in a coup nearly three and a half years ago.
3. People across Japan will soon be facing another price hike, with mail feels in the country set to rise for the first time in 30 years. Starting from October, postage for standard-size items will go up to 110 yen, or around 70 cents. The cost of postcards will rise more than 30 percent in yen terms to just over 50 cents. Express mail will get about a 15 percent increase.