US-Iran war to pull global economy to post-COVID low: World Bank
Global growth forecast cut to 2.5 percent due to surging energy prices, inflation and borrowing costs.

Global growth forecast cut to 2.5 percent due to surging energy prices, inflation and borrowing costs.









India’s fertility rate falls to 1.9 children per woman, with consequences for the workforce, the elderly and economy.
Chinese embassy in Washington, DC, condemns designation, calling it ‘discriminatory’.
OpenAI did not disclose the size or terms of the offering and said a timeline has not yet been determined.
Cities remain optimistic despite lagging hotel bookings and high ticket prices that might deter foreign travellers.
IATA forecasts $350bn airline fuel bill for 2026, with profits dipping to their weakest margin since the COVID-19 years.
In a ruling on Monday, a federal judge said the fee was a tax that Trump did not have the authority to impose.

Iranian World Cup excitement dulled by war and economic crisis.
Al Jazeera follows a teacher who navigates a new life marked by a weak internet, soaring prices, and solidarity rallies.
On average, US households have spent $750 more in expenses due to the war, hitting middle and lower-income people hard.
Trump seeks to shore up support among rural voters hard-hit by tariffs, economic fallout of war with Iran.