How might the war in Iran affect the global economy and what steps could we take to support recovery?
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
"The United States must respond to this attack," said the President
The Israeli military says Friday's "incident is under review", expressing "deep sorrow for any harm caused"
TEL AVIV, June 10 (Reuters) - Benjamin Netanyahu will seek re-election this year, his party announced on Wednesday, after U.S. President Donald Trump said he wasn't sure if the Israeli prime minister would stand again. In a brief statement, Netanyahu's Likud Party said he would run in the election and, God willing, he would win. The election has not yet been formally announced but must be held by October. Earlier, ABC News Chief Washington Correspondent Jonathan Karl posted on X that Trump had told him he did not know if Netanyahu would stand
June 3 (Reuters) - The United Nations General Assembly on Wednesday elected Austria, Portugal, Trinidad and Tobago and Zimbabwe to the 15-member U.N. Security Council for two-year terms starting on January1, 2027. A third round of voting was being heldto determine who would take the fifth available seat, the Philippines or Kyrgyzstan. Germany, which had lobbied hard for a seat, came third for the two places contested by the Western European and Others Group, with 104 votes, against 134 for Portugal and 131 for Austria
Israeli attacks came near Khan Younis, in Gaza City and Deir el-Balah as Hamas and other groups met mediators in Cairo
By David Lawder, Eman Abouhassira and Ahmed Elimam WASHINGTON/DUBAI, June 7 (Reuters) - The U.S. government will attempt to redirect Iranian assets to Gulf states for rebuilding and repairs of future damage caused by Iran, a source familiar with the matter said on Saturday, a day after a wave of attacks by Iran against Kuwait and Bahrain. U.S. Treasury Secretary Scott Bessent has also directed a team to assess costs for damage already inflicted on Gulf allies by Iran, the source said, adding that the U.S. will consider using Iranian assets for those repairs as well
June 2 (Reuters) - The United States issued new Iran-related sanctions on Tuesday, targeting individuals and crypto exchanges, a notice on the Treasury Department website showed. The U.S. sanctioned four Iranian nationals and four Iran-based digital asset exchangesNobitex, Bitpin, Ramzinex and Wallex, the Treasury said. Foreign financial institutions and individuals may also be sanctioned if they engage in certain transactions with the four firms, the department added. (Reporting by Bhargav Acharya; Editing by Christian Martinez and Costas Pitas)
The deal is contingent on Hezbollah halting attacks on Israeli forces and withdrawing fighters from southern Lebanon, the U.S. State Department said
By Alexander Cornwell, Rami Ayyub and Steve Holland JERUSALEM/WASHINGTON, June 5 (Reuters) - Benjamin Netanyahu has long portrayed himself to the Israeli public as being uniquely adept in dealing with Donald Trump, capable of winning and sustaining the U.S. president's backing. But an acrimonious phone call this week where the president called the prime minister "fucking crazy", first leaked to the media and later publicly confirmed by Trump himself, laid bare the strains that have at times emerged between the two leaders
BEIRUT, June 1 (Reuters) - Lebanon's embassy in Washington said in a statement on Monday that Hezbollah had accepted a U.S. proposal for a mutual cessation of hostilities that would be extended to encompass all Lebanese territory. The statement, shared by the Lebanese presidency on X, said the arrangement would first see Israel refrain from striking Beirut's southern suburbs in exchange for Iran-backed Hezbollah halting its attacks against Israel, after Israel had threatened to attack the capital's suburbs on Monday