US-Iran Breakthrough for Switzerland Signing: The US and Iran reached a preliminary framework to end the war and reopen the Strait of Hormuz, with a formal memorandum of understanding set to be signed in Switzerland on 19 June; markets cheered as oil slid and stocks jumped, but key issues like Iran’s nuclear file remain unresolved and Israel says it will stay “indefinitely” in seized areas in Lebanon, Syria and Gaza. EU and Global Response: EU leaders welcomed the ceasefire push, urging swift implementation and warning against weaponising energy dependencies, while G7 security and protest tensions continue around the summit. Swiss Domestic Politics: Switzerland rejected the “10 million” population cap initiative in a referendum, with preliminary results showing about 55% against; older voters and city dwellers were most sceptical, and the vote keeps EU free movement ties intact. Swiss Science & Health: ETH Zurich researchers unveiled a light-controlled molecular switch designed to wake lung cancer cells from a treatment-resistant dormant state, aiming for tumour-specific impact. Business/Markets Watch: Investors are also tracking how the Hormuz reopening could take months to fully restore supply routes and infrastructure, shaping inflation and energy-sensitive sectors. Culture & Sports: Swiss animation secured a strong presence at Annecy with multiple selected films, while World Cup coverage continues to dominate attention.