The Iran war brought global economic momentum to a halt, the International Monetary Fund said on Tuesday, providing new projections for slower growth and higher inflation. Why it matters: It is the latest major economic institution to warn about stagflation-like global economic fallout from the war. The conflict upended what was shaping up to be a solid year for the global economy. - The IMF joins the Organisation for Economic Co-operation and Development, which last month scrapped a planned upgrade to its own forecasts in the wake of the Iran war. What they're saying: "Prior to the war, we were poised to upgrade our global growth forecast," the IMF says in its latest World Economic Outlook, pointing to a tech investment boom, easing…
The Iran war brought global economic momentum to a halt, the International Monetary Fund said on Tuesday, providing new projections for slower growth and higher inflation. Why it matters: It is the latest major economic institution to warn about stagflation-like global economic fallout from the war. The conflict upended what was shaping up to be a solid year for the global economy. - The IMF joins the Organisation for Economic Co-operation and Development, which last month scrapped a planned upgrade to its own forecasts in the wake of the Iran war. What they're saying: "Prior to the war, we were poised to upgrade our global growth forecast," the IMF says in its latest World Economic Outlook, pointing to a tech investment boom, easing…Open
NPR speaks with Father James Martin, a Jesuit priest and author, about how Catholics are reacting to President Trump's recent criticism of Pope Leo.
NPR speaks with Father James Martin, a Jesuit priest and author, about how Catholics are reacting to President Trump's recent criticism of Pope Leo.Open
Ship-tracking data showed that several vessels, including some that had been docked at Iranian ports, had moved through the strait as the U.S. military began its blockade.
After spending most of her Washington career as a Republican, she joins a crowded field of Democrats running in a Virginia district that doesn’t exist yet.
An official briefed on Israel's strategy for the talks described Tuesday's meeting as "preparatory" and aimed at laying out a framework for future negotiations.
An official briefed on Israel's strategy for the talks described Tuesday's meeting as "preparatory" and aimed at laying out a framework for future negotiations.Open
Eric Swalwell is resigning from Congress after multiple women accused him of sexual assault and misconduct. And, Trump is feuding with Pope Leo, calling him weak on crime for opposing the war.
Eric Swalwell is resigning from Congress after multiple women accused him of sexual assault and misconduct. And, Trump is feuding with Pope Leo, calling him weak on crime for opposing the war.Open