Suspected US Airstrike Kills Seven Iraqi Soldiers

IMF Downgrades Global Growth Forecast Second Time In A Row The IMF downgraded global growth prospects for the second time this year, saying it expects the global economy to grow by just 3 percent in 2026. As Statista's Katharina Buchholz reports, in January, this projection had still stood at 3.3 percent. While the downgrade is slight, it still conveys the multiple risks to the global economy currently present. As shocks from the Iran war persist, driving up the price of energy and other traded goods, disinflation has stalled and financial markets continue to be at risk of...

President Trump is expected to unveil his request for a $1.5 trillion military budget for the 2027 fiscal year on Thursday, Reuters has reported, marking a 50% increase from this year’s already massive budget. The 2026 military budget marked the first to officially exceed $1 trillion, which was achieved by Congress passing a 2026 National Defense […]