WTO Fisheries Subsidies: The WTO’s Fisheries Subsidies Agreement (in force since Sept 2025) is a win for marine protection and fairer competition for Pacific fishers, but the second phase (“Fish 2”) could be derailed if India, Indonesia and the United States stall talks. Tuvalu Trust Fund Scrutiny: An AFP investigation says Tuvalu’s $200m climate trust fund—managed via Mercer—has fossil-fuel exposure through stakes in coal, gas and major oil assets; Tuvalu says it is reviewing the risk. Pacific Business: The Pacific Business Brief flags ADB fuel relief planning for countries hit by the regional fuel crisis, with support ranging from $10m to $100m depending on need. Fisheries Enforcement: Operation Tui Moana 2026 wrapped up after three weeks of regional surveillance involving Tuvalu and other Pacific states, with Quad partners supporting patrols to deter IUU fishing. Visa Revenue Pressure: New Zealand is cutting Pacific visa fees and extending default multi-entry visas, with officials warning of a $1–2m annual revenue hit and added pressure on immigration funding. Education Finance: The University of the South Pacific council in Tonga adopted unqualified 2025 accounts and reviewed 2026 forecasts, including rising costs and affordability pressures, and named Tuvalu’s Governor-General as USP Chancellor from 1 July 2026.