Iran war
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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.
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financeSingapore Holds 2026 GDP Forecast at 2-4% Despite Rising Geopolitical Risks
Singapore maintains its 2026 economic growth forecast at 2-4% after a strong Q1, despite downside risks from the Middle East conflict.
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worldTulsi Gabbard Quits as Intel Chief to Care for Husband with Rare Bone Cancer
Director of National Intelligence Tulsi Gabbard resigns, citing her husband's rare bone cancer diagnosis, ending a controversial tenure marked by Iran war tensions.
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worldWalmart Warns US Shoppers Cut Spending as Gas Prices Surge
Walmart says higher gas prices from the Iran war are slowing sales growth, signaling growing consumer strain.
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financeGlobal Stocks Slide as 30-Year U.S. Treasury Yields Hit 19-Year High
Global stocks fell Tuesday as U.S. bond yields soared and oil prices eased, with markets digesting Iran war headlines and inflation fears.
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financeJapan Factory Sentiment Edges Up, Services Slip in May Reuters Poll
Japan's factory manager mood improved slightly in May but remains below March's high, while the services sector slipped amid supply chain worries.