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IMF Cuts Global Growth Forecast, Warns of Recession Risk Amid Mideast War
CultureAPReutersBBC+133bloombergNYTwsjFTle-mondewapoThe GuardianNPR+125 more7d ago136 sources

IMF Cuts Global Growth Forecast, Warns of Recession Risk Amid Mideast War

The International Monetary Fund has lowered its global growth forecast and issued a warning about a potential worldwide recession. This outlook is largely attributed to the escalating conflict in the Middle East and its impact on energy markets.

Trump's 'Gift' from Iran Confirmed as Tankers Through Hormuz; Bolton Offers Details
WorldAPReutersbloomberg+67NYTwsjwapoThe GuardianAl JazeeraFox Newstimes-ukcbc+59 more26d ago70 sources

Trump's 'Gift' from Iran Confirmed as Tankers Through Hormuz; Bolton Offers Details

US President Donald Trump confirmed Iran allowed ten oil tankers to pass through the Strait of Hormuz as a 'gift,' with John Bolton suggesting the 'big present' is likely an oil-filled tanker. Trump also stated that taking control of Iranian oil, similar to Venezuela, is an option he is considering.