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The Philippines central bank policy rate as of June 18 was 4.5%, compared to an expected 4.75% and a previous value of 4.50%.The Swiss government says the current plan remains for the United States and Iran, along with Pakistan, Qatar and other relevant countries, to hold preliminary talks on the implementation of the peace agreement on Friday in Bilgenberg.On June 18, Sun Lei, Chinas Deputy Permanent Representative to the United Nations, delivered a general statement at the 36th Meeting of States Parties to the United Nations Convention on the Law of the Sea on June 17, clarifying Chinas position on the renewed hype surrounding the so-called "South China Sea Arbitration Case" by certain countries. Sun Lei emphasized that this meeting was not a suitable forum for discussing the South China Sea issue, but China had to clarify its solemn position regarding erroneous claims. The "South China Sea Arbitration Case" violates the principle of "state consent." The "arbitral tribunal" exceeded its authority and rendered a wrongful judgment; its "award" is illegal and invalid. The "arbitration case" is a political provocation disguised as law, aimed at denying Chinas territorial sovereignty and maritime rights in the South China Sea. China has never accepted or recognized this "award," and Chinas territorial sovereignty and maritime rights in the South China Sea are unaffected by it under any circumstances.The UK unemployment rate was 4.46% in May, up from 4.40% in the previous month.Switzerlands trade balance in May was 6.11 billion Swiss francs, compared with 3.098 billion Swiss francs in the previous month.