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IMF expects world economy to grow a sluggish 3% this year, weighed down by Iran war but helped by AI

IMF expects world economy to grow a sluggish 3% this year, weighed down by Iran war but helped by AI

Summary

The International Monetary Fund (IMF) lowered its forecast for global economic growth in 2026 to 3%, partly due to higher energy prices caused by the Iran war. However, growth is supported by strong investments in artificial intelligence (AI) and technology, with some countries like the United States benefiting despite challenges.

Key Facts

  • The IMF expects the world economy to grow 3% in 2026, down from 3.5% in 2025 and 3.1% predicted earlier this year.
  • The Iran war caused the closure of the Strait of Hormuz, which handles 20% of the world’s oil and gas, leading to a 32% rise in oil prices.
  • Higher energy costs pushed global inflation to 4.7% in 2026, up from 4.1% in 2025, slowing progress against inflation.
  • The U.S. economy is expected to grow 2.3% in 2026, helped by tax cuts, productivity gains, and a strong stock market.
  • European countries using the euro face low growth, forecast at just 0.9% in 2026, down from 1.4% in 2025, due to higher energy prices.
  • China’s growth is predicted at 4.6%, slower than in previous years, affected by energy costs and troubles in its property sector.
  • India is forecast to have the fastest growth among major economies at 6.4%, led by strong consumer spending.
  • The IMF is an international organization with 191 member countries that promotes economic stability and poverty reduction.
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Scary moments in New York City after building's columns buckle, collapse concerns grew

Scary moments in New York City after building's columns buckle, collapse concerns grew

Summary

A building in Midtown New York City had columns that started to bend, raising fears it might collapse. Officials evacuated nearby areas but later said the building is now stable and not in danger of falling.

Key Facts

  • The building is located in Midtown, New York City.
  • Its support columns began to buckle, causing safety concerns.
  • Nearby areas were evacuated to protect people.
  • City officials monitored the situation closely.
  • The building was declared stable after inspection.
  • There was no collapse or major damage reported.
  • The situation caused tense moments for residents and workers.
  • Authorities responded quickly to assess and secure the site.
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China Responds to Iran and US Resuming Strikes

China Responds to Iran and US Resuming Strikes

Summary

China warned that renewed fighting between the United States and Iran would harm everyone involved and urged both sides to return to negotiations. The U.S. launched strikes against Iran following attacks on commercial ships, raising tensions after a fragile peace deal was made in June.

Key Facts

  • The U.S. military carried out strikes in response to Iranian attacks on three commercial ships in the Strait of Hormuz.
  • President Donald Trump said the peace agreement with Iran reached on June 17 is likely over.
  • The conflict risks escalating after a ceasefire that began on April 8.
  • China called for both countries to solve their problems through talks and avoid using force.
  • About 20% of the world’s seaborne oil passes through the Strait of Hormuz, including 40% of China’s oil imports.
  • China is a major buyer of Iranian oil and has influence over Iran despite international sanctions.
  • Iran faced domestic pressure to respond to U.S. strikes but may still want to keep the peace deal partly intact.
  • The recent fighting happened during a funeral service period for a former Iranian leader killed earlier in the conflict.
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Former NATO ambassador: Trump ‘breaking the bond of trust’ with Greenland remarks

Former NATO ambassador: Trump ‘breaking the bond of trust’ with Greenland remarks

Summary

President Trump’s comments about taking over Greenland are harming trust between the United States and NATO allies. A former U.S. ambassador to NATO, Nicholas Burns, said these remarks damage the alliance’s bonds during a time when cooperation is important.

Key Facts

  • President Trump has repeatedly threatened to take control of Greenland.
  • Nicholas Burns, a former U.S. ambassador to NATO, criticized these remarks.
  • Burns said the comments break the trust between the U.S. and NATO members.
  • NATO is a military alliance of North American and European countries.
  • Burns was the U.S. envoy to NATO during the 9/11 terrorist attacks.
  • Article 5 of the NATO treaty says an attack on one member is an attack on all.
  • The criticism highlights concerns about U.S. leadership in international partnerships.
  • Greenland is a large island and autonomous territory of Denmark, important for strategic reasons.
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UN inquiry urges release of Palestinian doctor jailed by Israel

UN inquiry urges release of Palestinian doctor jailed by Israel

Summary

The United Nations has called on Israel to immediately release Dr. Hussam Abu Safia, a Palestinian doctor held without charge for over 18 months. The UN says he has faced severe abuse in prison, and his health is in serious danger.

Key Facts

  • Dr. Hussam Abu Safia is the director of Gaza’s Kamal Adwan Hospital.
  • He has been detained by Israel since December 2024 without any formal charges.
  • Israel labels him an "unlawful combatant," allowing detention without trial.
  • Reports say Abu Safia has been severely abused and shows signs of torture.
  • His condition deteriorated to the point that his lawyer struggled to recognize him.
  • The UN inquiry commission and other UN bodies have called for his immediate release.
  • Israel’s Prison Service denies the abuse allegations and says the claims have no factual basis.
  • Abu Safia is one of 14 Palestinian doctors held by Israel without charge, all involved in Gaza’s healthcare system.
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Mourners greet Khamenei funeral procession in Iraq as US, Iran trade strikes

Mourners greet Khamenei funeral procession in Iraq as US, Iran trade strikes

Summary

Thousands of people gathered in Najaf, Iraq, to attend the funeral procession for Iran’s late Supreme Leader Ayatollah Ali Khamenei. Meanwhile, the United States and Iran exchanged military strikes.

Key Facts

  • The funeral took place in Najaf, a sacred city for Shiite Muslims in Iraq.
  • Khamenei’s coffin was carried on a truck covered with the Iranian flag.
  • The procession traveled to several important Shiite religious sites.
  • After the procession in Iraq, the coffin was scheduled to return to Iran.
  • At the same time, the US and Iran conducted military strikes against each other.
  • The event highlights ongoing tensions between the United States and Iran.
  • Ayatollah Ali Khamenei was Iran’s Supreme Leader until his death.
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French icemakers under pressure as demand surges amid heatwave

French icemakers under pressure as demand surges amid heatwave

Summary

France is experiencing a severe heatwave, causing a big rise in demand for ice. Icemakers are struggling to keep enough ice available, and some businesses face hard decisions because of this shortage.

Key Facts

  • Much of France is under a severe heat alert.
  • The heatwave has caused a large increase in the need for ice.
  • Icemakers are having trouble producing enough ice to meet demand.
  • Some businesses have to make difficult choices due to the ice shortage.
  • The situation is putting pressure on the ice supply chain in France.
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What parents should know about the infant botulism outbreak caused by baby formula

What parents should know about the infant botulism outbreak caused by baby formula

Summary

Four infants have been hospitalized with botulism linked to Nara Organics baby formula. The U.S. Food and Drug Administration (FDA) is expanding its investigation into the outbreak. Experts are advising parents on the risks and what to watch for.

Key Facts

  • Botulism is a serious illness caused by bacteria that produce toxins affecting the nerves.
  • Four babies became sick after consuming Nara Organics baby formula.
  • The FDA is investigating the formula to find the cause of contamination.
  • Parents are encouraged to monitor infants for symptoms such as weakness or difficulty feeding.
  • Nara Organics has not yet issued a recall, but the situation is developing.
  • Health officials stress the importance of quick medical care if botulism is suspected.
  • Infant botulism is rare but can be life-threatening without prompt treatment.
  • Experts recommend consulting a doctor before switching baby formula products during the investigation.
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UK's Farage resigns as MP to force snap vote in finances row

UK's Farage resigns as MP to force snap vote in finances row

Summary

Nigel Farage, a British politician known for his anti-immigration views, said he will resign as a member of parliament to run again in a quick election. This decision follows questions about his finances and failing to report gifts, some reportedly from a convicted fraudster.

Key Facts

  • Nigel Farage is a British politician and leader of the Reform UK party.
  • He plans to resign from parliament to trigger a special election called a by-election.
  • The move is seen as risky or unusual in British politics.
  • Farage and his party are currently popular in national opinion polls.
  • He faces criticism for not disclosing gifts he received.
  • Some of the undisclosed gifts allegedly came from a person convicted of fraud.
  • The by-election will focus attention on his financial conduct.
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Iran’s supreme leader’s coffin arrives in Najaf

Iran’s supreme leader’s coffin arrives in Najaf

Summary

Thousands of people gathered in the city of Najaf, Iraq, to honor the late supreme leader Ayatollah Ali Khamenei as his coffin was carried through the city. The event was part of the preparations for his burial scheduled on Thursday.

Key Facts

  • The coffin of Ayatollah Ali Khamenei was moved through Najaf, a holy city in Iraq.
  • A large number of mourners came to pay their respects.
  • This procession was a tribute before the burial ceremony.
  • The burial was planned to take place on Thursday.
  • Ayatollah Ali Khamenei was the supreme leader of Iran.
  • Najaf is considered a significant religious site for many people.
  • The ceremony attracted many attendees from the region.
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Trump turns on Spain and demands Greenland as NATO summit exposes cracks

Trump turns on Spain and demands Greenland as NATO summit exposes cracks

Summary

At a NATO meeting, President Donald Trump upset other leaders by calling for the U.S. to stop trading with Spain and by making new demands about Greenland, which is part of Denmark. He also declared that a temporary peace deal with Iran was finished after recent fighting.

Key Facts

  • President Trump disrupted a NATO summit by making unexpected demands.
  • He called for the United States to end trade relations with Spain.
  • Trump renewed claims over Greenland, which is controlled by Denmark.
  • Denmark is a NATO ally, and these demands caused tension between members.
  • He said a temporary peace deal with Iran was over following new clashes.
  • The NATO summit showed signs of disagreement among member countries.
  • The issues included trade, territorial claims, and international security.
  • The events took place on July 8, 2026.
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Syria in tough balancing act as it tightens security after Damascus blasts

Syria in tough balancing act as it tightens security after Damascus blasts

Summary

Syrian authorities have increased security in Damascus after bombings hit the city, including an attack near French President Macron's visit. The government has set up more checkpoints, patrols, and protective zones to prevent future attacks as they investigate those responsible.

Key Facts

  • Bomb blasts occurred in Damascus on July 2 and during President Macron’s visit on July 9.
  • The latest attack involved two explosives hidden in a rubbish bin and a parked car, killing one person and injuring 36.
  • The attack happened near President Macron’s hotel but did not threaten the French delegation’s security zone.
  • Authorities have tightened security with armed patrols, checkpoints, concrete barriers, and vehicle searches.
  • Investigations suggest the bombings were linked to Iranian-backed groups and a Palestinian-Syrian suspect.
  • Security forces have seized explosives and weapons connected to the Iranian Revolutionary Guard Corps.
  • The government is working to maintain stability and attract international support during Syria’s transition after longtime leader Bashar al-Assad’s removal.
  • No group has claimed responsibility for the attacks so far.
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Nato leaders will not mention World Cup to Donald Trump to avoid irritating him at summit

Nato leaders will not mention World Cup to Donald Trump to avoid irritating him at summit

Summary

NATO leaders decided not to talk about the recent football World Cup matches with President Donald Trump during a summit to avoid upsetting him. They focused on working together to keep the military alliance strong and on track with defense spending goals instead.

Key Facts

  • NATO leaders agreed informally not to mention the World Cup to President Trump at the Ankara summit.
  • European leaders want to avoid upsetting Trump amid worries he might destabilize NATO with comments about defense spending.
  • NATO members aim to spend 5% of their GDP on defense by 2035.
  • Belgium recently defeated the US 4-1 in a World Cup match.
  • Belgium’s Prime Minister Bart De Wever said he would avoid talking about the soccer result with Trump.
  • Trump asked FIFA’s president to review a red card shown to US player Folarin Balogun.
  • Some Belgian players mocked Trump by mimicking his dance during their victory celebration.
  • UK and Norway leaders joked about the World Cup as part of their meeting in Ankara.
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WATCH:  'Moana' stars celebrate live-action film premiere

WATCH: 'Moana' stars celebrate live-action film premiere

Summary

The stars of the new live-action version of "Moana" celebrated the film's premiere. They talked about what makes this version special before it is released across the country.

Key Facts

  • The article is about the live-action film "Moana."
  • The cast members attended the film's premiere event.
  • They shared their thoughts on the movie's unique features.
  • The nationwide release of the film is coming soon.
  • The article includes a video interview segment from "GMA."
  • The focus is on the entertainment and film industry.
  • The live-action film is based on the original animated "Moana" story.
  • The news is from July 8, 2026.
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Iran signals defiance as Trump fumes over Strait of Hormuz strikes

Iran signals defiance as Trump fumes over Strait of Hormuz strikes

Summary

Iran has repeated its claim of control over the Strait of Hormuz after recent attacks on ships in the area. U.S. President Donald Trump criticized Iranian leaders and said the agreement between the two countries is no longer valid, following military actions and disagreements over the terms of the deal.

Key Facts

  • Iran insists it controls the Strait of Hormuz and says it can manage ship traffic there.
  • Several ships were hit by drones in the Strait of Hormuz, causing tensions.
  • The U.S. military responded with strikes on southern Iran, which President Trump described as much stronger than Iran's actions.
  • Iran's military fired projectiles towards Bahrain and Kuwait and shot down a U.S. drone.
  • Iran claims the U.S. broke the deal (Memorandum of Understanding - MoU) by resuming sanctions and military actions.
  • The MoU included a 60-day agreement allowing Iran to export oil with U.S. permission, which was recently canceled.
  • Both countries interpret Article 5 of the MoU differently: Iran says it gives them control over passage, while the U.S. says Iran must not block ships but has no veto power.
  • Talks between Iran, Oman, and the U.S. about managing the strait have happened but have not led to an agreement.
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Le Pen taking 'a gamble' in decision to run for president

Le Pen taking 'a gamble' in decision to run for president

Summary

Marine Le Pen has announced she will run for president of France despite being convicted of embezzlement. She is hoping her appeal against the conviction, decided Tuesday, will succeed.

Key Facts

  • Marine Le Pen is running for president of France.
  • She was recently convicted of embezzlement.
  • Her appeal against the conviction was decided on Tuesday.
  • Le Pen remains on the campaign trail while awaiting the appeal outcome.
  • The situation is described as a significant risk or gamble for her political future.
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German doctor jailed for killing 15 of his patients

German doctor jailed for killing 15 of his patients

Summary

A German doctor has been sentenced to life in prison for killing 15 patients between 2021 and 2024. He gave lethal medicines without consent and tried to hide his crimes by setting fires. Authorities are investigating many more possible victims.

Key Facts

  • The doctor is 41 years old and was found guilty in a Berlin court.
  • He killed 12 women and 3 men, aged 25 to 94, who were seriously ill but not about to die.
  • He administered deadly drugs during home visits without patients agreeing to it.
  • The doctor tried to cover up his actions by setting fires several times.
  • In July 2024, he killed two patients in one day and attempted to burn one house.
  • During his trial, he admitted killing 12 patients and said he thought he was helping them.
  • Prosecutors are looking into 76 other possible killings linked to the doctor.
  • The court banned him for life from practicing medicine and ordered preventive detention.
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'In Waves': A luminous, moving love story on the waves

'In Waves': A luminous, moving love story on the waves

Summary

The article discusses the animated film "In Waves," directed by Phuong Mai Nguyen and based on a popular graphic novel, which has emotionally touched viewers. It also highlights other cultural topics, including a dark thriller called "The Heat," a comedy about France’s famous theatre La Comédie Française, and a special screening of restored films by director Jacques Tati.

Key Facts

  • "In Waves" is an animated movie adapted from a bestselling graphic novel.
  • The film has been reported to move audiences to tears.
  • Stéphane Demoustier’s "The Heat" is a dark thriller released in the summer.
  • A comedy about La Comédie Française, France’s oldest and most prestigious theatre, has recently been shared.
  • Jacques Tati’s classic films are being shown again in restored 4K quality.
  • The article also references notable cultural events and personalities apart from the movie.
  • All topics relate to cinema, theatre, and cultural experiences.
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Latest news after Trump says U.S-Iran ceasefire is over following heated strikes

Latest news after Trump says U.S-Iran ceasefire is over following heated strikes

Summary

President Donald Trump said the ceasefire between the U.S. and Iran has ended after both sides exchanged military strikes. He criticized Iran's leaders and responded to the recent conflict in the region.

Key Facts

  • President Trump declared the U.S.-Iran ceasefire is over.
  • Both the U.S. and Iran exchanged military strikes recently.
  • President Trump referred to Iranian leaders with a critical term.
  • The conflict involved heated exchanges of attacks.
  • CBS News reporters Olivia Gazis and Ramy Inocencio covered the story.
  • The situation is ongoing and tensions remain high in the region.
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Tyler Perry’s ‘Ruthless’ Season 6 Episode 4 – Release Date, How to Watch

Tyler Perry’s ‘Ruthless’ Season 6 Episode 4 – Release Date, How to Watch

Summary

Tyler Perry’s television show "Ruthless" Season 6 Episode 4 will be released on July 14, 2026. New episodes come out every Wednesday on the streaming service Paramount+, with the show following the story of a dangerous cult and increasing conflicts inside it.

Key Facts

  • "Ruthless" Season 6 Episode 4 is available on July 14, 2026, at midnight Pacific Time (3 a.m. Eastern Time).
  • The show streams on Paramount+, which requires a paid subscription starting at $7.99 per month.
  • New episodes release weekly each Wednesday through August 25, 2026.
  • The series explores tension and power struggles inside the Rakudushi cult compound.
  • The FBI increases pressure on the cult as alliances shift and chaos grows inside the group.
  • Tyler Perry is the creator of the series.
  • Episode 4’s specific plot details have not been publicly shared yet.
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