Financial Times: Nearly 80 countries have now introduced emergency measures to protect their economies as the world approaches a new, more dangerous phase in the energy crisis driven by the Iran war.
…Paul Diggle, chief economist at fund manager Aberdeen, said his team was now examining a scenario where Brent crude rockets to $180 a barrel, causing surging inflation and recessions in a host of European and Asian countries…
‘Won’t be anything left’: Trump issues warning to Iran after national security team meeting
Vice President JD Vance, Secretary of State Marco Rubio, CIA Director John Ratcliffe and special envoy Steve Witkoff all attended the meeting at the president’s Virginia golf club, the source said. The gathering occurred just hours after Trump arrived back in Washington from a high-stakes visit to China, a nation with close ties to Iran.
The Iran War Is Crippling One of the World’s Wealthiest Nations
Iranian attacks and the stoppage of seaborne transit have paralyzed Qatar’s vital gas exports, stalling the economic pivots intended to anchor the country’s growth…
To Critics, Trump Remarks Reveal a Billionaire Out of Touch
The president has never pretended to be an ordinary American, but a recent “truth bomb” has opened him to criticism that he doesn’t grasp the economic strain of his war with Iran…
In Iraqi Desert, Two Israeli Outposts Were Kept Secret for Months
Israel spent over a year preparing a covert site in Iraq for its operations against Iran, regional officials say. Iraqi officials later confirmed the existence of a second base…