Columbia student released from ICE custody hours after arrest

A sharp drop in regional inflation raised hopes for a cooling economy as central banks signaled patience with policy adjustments. Analysts say consumer prices may be near a turning point, though wage growth remains a concern for policymakers.

In political news, a coalition agreement was reached after weeks of negotiations, paving the way for a new government. Key priorities include economic reform, healthcare funding, and climate commitments, with several cabinet posts still to be announced.

On the global front, talks between major powers resumed with a focus on trade, security, and cyber norms. Analysts warn that while dialogue has improved, sanctions and strategic competition will continue to shape the international landscape.