Iran's foreign minister Araghchi replied to the Lebanese president, saying if Lebanon were a 'bargaining chip' Tehran could have reached an agreement with the United States long ago.

After a week of steep equity losses and the rupiah hitting record lows, Indonesia’s finance ministry and central bank said they will intensify efforts to stabilise the currency and draw capital inflows. Central Bank Governor Perry Warjiyo said authorities will keep market liquidity ample, coordinate to raise yields to attract inflows, and will raise the interest rate paid on government deposits at the central bank.

Fed Governor Michael Barr criticized recent rollbacks easing limits on bank lending, saying proposals have substantially weakened bank oversight and that vulnerabilities from looser rules may not be visible now but could accumulate over several years and cause serious economic damage. He said Trump-era officials loosened capital requirements, narrowed the regulatory perimeter and facilitated competition between traditional banks and private-credit firms. Barr warned that weaker capital, liquidity and supervisory standards would raise the risk of bank stress; while banks need room to support economic innovation, history shows profit-driven innovation without adequate safeguards can create excessive risk that, if realized, threatens firms, households and the broader economy.