After the Japanese trade deal with the US, there are reports that an agreement with the European Union is very near.

Also, presenter Roger Hearing takes a look at how algae is damaging the fishing industry in Australia.

And Iran struggles under a heatwave that makes normal life impossible.

Japanese Prime Minister Shigeru Ishiba is under increasing pressure after his coalition government lost its majority in the upper house of parliament. Mr. Ishiba says Japan needs political stability to address its mounting economic challenges.

Also, Rahul Tandon examines global container shipping volumes to see how tariffs are redrawing trade routes.

And two former U.S. Federal Reserve chairs, Ben Bernanke and Janet Yellen, issue a rare warning that political interference could seriously damage America’s economic credibility.

Voters head to the polls in Japan this weekend in a crucial Upper House election. The vote comes amid rising economic pressures, including the threat of US tariffs on key exports like cars, high inflation, low productivity and a rapidly ageing population.

Also, the EU cuts its price cap on Russian crude oil to 47 dollars a barrel. France says it could force Moscow into a ceasefire in Ukraine.

And after three decades on air, could The Late Show become too expensive for US television to sustain?