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On May 31, White House National Economic Council Director Hassett stated on Sunday that the way the media reports economic news often leads to an overemphasis on the most serious problems at a particular moment. "One thing I've noticed in the White House is that whenever a consumer price index looks a little disappointing, we just talk about that one thing," Hassett said during an appearance on ABC's "This Week." He was referring to gasoline prices and their impact on inflation. Hassett stated that everyone should look at the big picture, not just energy prices or a particular area of the economy that is temporarily experiencing difficulties. "What you should do is take these fluctuations in stride and focus on changes in real wages," he said. "If you look closely, you'll see that increased employment, a rising stock market, and strong corporate profits are translating into higher wages."

On May 31st, STMicroelectronics, a major manufacturer of MCUs and power semiconductors, issued a "Price Adjustment Notice" to its customers on May 28th, announcing a price increase for some products effective June 28, 2026. This is STMicroelectronics' second price increase this year, following its initial announcement on March 24th. The fact that STMicroelectronics has announced another price adjustment just two months later highlights the continued pressure on its cost side.

US President Trump: We will also continue to advance our strategic cooperation with the governments of Syria and Iraq, and our relationship with them will continue to deepen!

U.S. President Trump: I am pleased to announce that U.S. Ambassador to Turkey Tom Barrack has performed an outstanding job and will be appointed as Special Presidential Envoy for Syria and Iraq.

According to Iranian state media, the Iranian Islamic Revolutionary Guard Corps struck a stronghold of a separatist group in northern Iraq.

On May 31, the Ukrainian Ministry of Defense officially refuted Russian accusations, denying that Ukrainian forces attacked the transport workshop of the Zaporizhia nuclear power plant, and calling the Russian claims baseless fake news.

On May 31, European Central Bank (ECB) Governing Council member Pereira stated that the ECB should not hesitate to act given persistently high consumer price pressures. In a media interview on Saturday evening, he said, "I think it's better to act sooner rather than later to avoid a larger second-round effect. When there is a potential inflationary spiral, I tend to act more quickly and decisively." These comments come ahead of the ECB's monetary policy meeting on June 10-11, when markets and economists expect officials to raise interest rates by 25 basis points.

On May 31, Federal Reserve Governor Waller stated during a panel discussion at the 32nd Dubrovnik Economic Conference that the global adoption of stablecoins could amplify the influence of Federal Reserve policy. "For countries that adopt stablecoins, it's like a fixed exchange rate system," he said. "You're inputting US currency costs, so in more countries that use stablecoins, it actually expands the reach of US monetary policy."

May 31 - According to a report by the German newspaper Welt am Sonntag on May 30, citing an anonymous Pentagon source, the United States plans to accelerate its troop withdrawal from Europe and will submit a related plan to its NATO allies next month.

May 31st - A recent survey indicates that over 1,000 food items will see price increases in the Japanese market this June. According to Japanese media, rising costs of raw materials and packaging materials due to the situation in the Middle East are expected to continue in the coming months. Teikoku Databank surveyed 195 major food and beverage manufacturers nationwide, inquiring about their price increase intentions. The results show that 1,078 food items will see price increases in June, including processed foods, seasonings, and cooking oil. Instant noodles are expected to see price increases of 6% to 10%, cooking oil 11% to 15%, and potato chips 5% to 30%.

Officials from the Africa Centres for Disease Control and Prevention say that more than 1,100 suspected Ebola cases are still under investigation.

According to the Financial Times, officials from the Africa Centres for Disease Control and Prevention stated that as of May 30, the Democratic Republic of Congo and Uganda had reported 263 confirmed cases of Ebola, including 43 deaths.

Invesco Great Wall Global Chip LOF: Trading will be suspended from the opening of the market on June 1, 2026 until 10:30 on that day.

On May 31, it was learned from China National Nuclear Corporation (CNNC) that the second unit of the "Super Carbon One" supercritical carbon dioxide waste heat power generation project, located in Liupanshui, Guizhou Province, successfully connected to the grid, marking the full completion of the world's first demonstration project of supercritical carbon dioxide waste heat power generation technology. Once both units are operational, "Super Carbon One" will have a stable installed capacity of 30 megawatts.

May 31 - According to Iran's Fars News Agency, Iran unveiled a new type of attack boat on May 30, becoming a new symbol of the Iranian navy's power.

According to Iran's Tasnim News Agency, Iranian Parliament Speaker Qalibaf stated that the task of diplomacy is to translate military victories into political and legal outcomes.