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EU: We have not yet received Hungarys revised recovery plan.
June 4th - On June 2nd, Zheng Yi, President of the American Chamber of Commerce in Shanghai, stated that the establishment of a constructive strategic and stable relationship between the United States and China sets the tone for the future development of bilateral relations, moving away from the inertia of overly focusing on strategic competition and achieving a significant shift in the tone of bilateral relations. From a business perspective, this is a very positive outcome. If the US and China adhere to this framework in the foreseeable future, it will be of great significance. This framework clarifies the basic positioning of the bilateral relationship and is key to US-China cooperation.
Russia has stated that it is engaging in highly constructive and mutually beneficial dialogue and cooperation with Armenia.
June 4th - Switzerland will reconsider extending the service life of its existing fighter jets after a proposed 6 billion Swiss franc (approximately $7.6 billion) deal to purchase new aircraft from the United States stalled due to price disputes. According to a statement released Thursday, lawmakers said Switzerland should consider extending the service life of its F-5 Tiger and F/A-18 fighter jets into the 2030s. They stated that this move would avoid a "serious weakening of combat fighter capabilities" caused by delays in the delivery of Lockheed Martins F-35 fighter jets. Earlier this week, the Swiss Federal Office for Defence Procurement stated that work to ensure the F/A-18 fleet could remain in service until the early 2030s had been completed. Defense Minister Martin Pfister opposed the extension, warning that it would incur costs of millions of Swiss francs. In a statement, he said the proposal was neither in Switzerlands security interests nor in line with its financial responsibility to its people.
Market news: SpaceX estimates its quantifiable target market size to be approximately $28.5 trillion.