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Why is the OECD predicting global economic slowdown?

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Economic growth is expected to slow almost to a halt according to the OECD.

 
The body cites supply chain disruptions, rising inflation, and ongoing uncertainties related to the COVID-19 pandemic, as key drivers to this poor outlook.

Advanced economies, including the United States and the European Union and Australia, are expected to face the brunt of this deceleration, but emerging economies are set to grapple with their own set of challenges.

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Israel targets Iran’s Fordow facility amid tensions

Israel seeks to damage Iran’s Fordow facility before halting operations; Trump suggests US knows Khamenei’s location, avoids assassination.

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Israel seeks to damage Iran’s Fordow facility before halting operations; Trump suggests US knows Khamenei’s location, avoids assassination.

In Short:
Israel aims to damage Iran’s Fordow nuclear facility and is seeking US assistance, despite uncertainty about American military involvement. Tensions rise as President Trump holds national security meetings, contemplating military options against Iran.

Israel plans to continue its operations against Iran until the Fordow nuclear facility is significantly damaged. The facility, located underground near Qom, is crucial for uranium enrichment.

Israel acknowledges that its own military capabilities cannot reach the depths of Fordow, but it is relying on the United States for support.

Israel’s National Security Advisor, Tzachi Hanegbi, indicated ongoing discussions with US officials but expressed uncertainty regarding US involvement in military actions.

Iran’s nuclear weapon

Many in Israel and the West suspect that Fordow is part of Iran’s nuclear weapon development, a claim that Iran denies.

President Donald Trump left the G7 summit early due to this ongoing conflict and convened a national security meeting at the White House.

The meeting, which lasted nearly two hours, included key security figures such as CIA Director John Ratcliffe and Director of National Intelligence Tulsi Gabbard.

Reports suggest that Trump is considering the use of a “bunker buster” bomb against Fordow.

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Trump says it was a mistake to exclude Putin as G7 leaders meet

G7 leaders clash with Trump on tariffs while struggling for unity amid the escalating Israel-Iran conflict.

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G7 leaders clash with Trump on tariffs while struggling for unity amid the escalating Israel-Iran conflict.


G7 leaders confront President Trump over rising tariffs and a fragmented global economy.

But unity is also fraying over how to respond to the escalating Israel-Iran conflict, with world powers divided on a path forward.

The summit exposes deep divides at a time of urgent global crisis.

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#G7Summit #TradeWars #TariffTensions #TrumpAtG7 #GlobalDiplomacy #IsraelIranCrisis #CeasefireDebate #WorldLeaders

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Israel targets Iranian state TV in escalating airstrike

Israel’s airstrike on Iranian state TV disrupts live broadcast and damages uranium site, escalating tensions and prompting Iran to seek U.S. intervention for a ceasefire.

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Israel’s airstrike on Iranian state TV disrupts live broadcast and damages uranium site, escalating tensions and prompting Iran to seek U.S. intervention for a ceasefire.


Israel targets Iranian state TV in an airstrike that knocks the network off-air during a live broadcast.

The attack damaged Iran’s uranium enrichment site, sparking further retaliation.

Iran has called on the U.S. to help broker a ceasefire as tensions spiral into dangerous territory.

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#IsraelIran #MiddleEastConflict #IranTVStrike #Airstrike #CeasefireNow #MilitaryEscalation #WarFootage #Geopolitics

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