Day News Recap: Middle East war widens as NATO, markets and global diplomacy feel the shock
The conflict between the United States and Iran widened sharply, with both sides trading strikes for a second day and Tehran saying it fired 10 ballistic missiles at Jordan's Azraq military base, while Washington hit Iran's strategic port city of Chabahar for the first time since the war began. The escalation has pushed the confrontation beyond the Strait of Hormuz and deepened fears of a broader regional war. 🔗 🔗In Iran, huge crowds gathered in Mashhad for the burial of Supreme Leader Ali Khamenei, with the final rites bringing six days of funeral events to a close after his death... [Continue Reading]
360LiveNews Recap | 09 Jul 2026 18:21 LONDON
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Breakfast News Recap: Iran and US widen Gulf confrontation as NATO, Gaza and IMF warnings add pressure
The United States and Iran traded strikes for a second day, widening the confrontation across the Gulf and increasing pressure on the Strait of Hormuz as Gulf bases came under attack. 🔗The IMF cut its 2026 global growth forecast to 3.0 percent, saying the war in the region has fed an energy shock that is still weighing on the world economy and markets. 🔗In Gaza, Israeli air strikes and gunfire killed at least eight people, including two children, in incidents reported across Gaza City, Khan Younis and the Z... as ceasefire violations continued. 🔗Washington also signalled a major policy shift... [Continue Reading]
360LiveNews Recap | 09 Jul 2026 08:30 LONDON
IMF cuts 2026 global growth forecast as Iran war fallout hits energy markets
The International Monetary Fund has cut its 2026 global growth forecast to 3.0 percent, citing the lingering effects of the energy shock caused by the war in the Middle East. The revision comes as shipping through the Strait of Hormuz remains heavily constrained and oil markets continue to react to renewed military action. The IMF said the outlook is being shaped by both war-related disruption and a technology-driven investment boom.The fund said the 2026 forecast was lowered from 3.1 percent in April, marking its second downgrade this year. It expects global inflation to reach 4.7 percent in 2026, up from... [Continue Reading]
360LiveNews | 09 Jul 2026 05:00 LONDON
