Iran War
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worldTrump to Address Strait of Hormuz Demining at G7 Amid Imminent Iran Ceasefire
President Trump plans to discuss demining the Strait of Hormuz at the G7 summit as Pakistan signals an imminent peace deal with Iran, while funeral arrangements for Ayatollah Khamenei are announced.
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financeUK Economy Contracts in April Amid Iran War Energy Shock
The UK GDP shrank 0.1% in April as the Iran conflict triggered an energy shock, complicating Bank of England policy amid rising inflation and stagflation risks.
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worldIran War's 100th Day: Southeast Asia Feels the Economic Shockwaves
Disrupted Middle East energy and shipping drive up costs across Southeast Asia, from construction to food, with experts warning of long-term impact.
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worldIran War at 100 Days: Trump Faces Domestic Backlash, Invasion Odds Drop
Market indicators suggest U.S. war on Iran is unpopular, reducing full-scale invasion risk while boosting regime survival confidence.
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cryptoBitcoin Erases All Gains Since Trump's Reelection, Trades Below $61K
Bitcoin has fallen below its Election Day 2024 price, erasing the 'Trump Trade' surge as macroeconomic and geopolitical pressures mount.
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financeFed's Goolsbee: Energy Inflation Persistent Due to Iran War, Rate Cuts Unlikely
Federal Reserve Chair Goolsbee warns persistent energy inflation from the Iran war is creating stagflationary pressures, reducing the likelihood of rate cuts in 2026.
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financeSri Lanka's Sudden Rate Hike Risks Derailing IMF-Backed Recovery
Central Bank raises rates by 100 basis points to 8.75%, aiming to curb inflation and protect reserves, potentially stalling fragile growth.
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financeSri Lanka Surprises with 100-Basis-Point Rate Hike Amid Iran War Fallout
Sri Lanka's central bank raises key rate by 100 bps to combat inflation and support the rupee, as the Iran war drives up energy costs.