#GlobalEconomy, Hit by #IranWar & #Inflation, Faces Sharp Slowdown

The #IMF projected world output growth would fall to 3% for the year, a number pushed down by high commodity prices.

#TrumpsWar #idiocracy #kakistocracy #Trump #Netanyahu #InternationalLaw #law #Congress #WarPowers #geopolitics #NationalSecurity #MiddleEast #economy #inflation #affordability #CostOfLiving #oil #energy #EnergyCrisis
nytimes.com/2026/07/08/busines…

#US revokes license that authorized sale of Iranian #oil

The US #Treasury Dept issued the 60-day license last month, waiving #sanctions on Iranian oil as part of an interim agreement to end the fighting between the 2 countries. Treasury officials did not immediately respond to an AP inquiry on why the license was revoked.

#TrumpsWar #IranWar #Iran #war #Trump #law #WarPowers #geopolitics #NationalSecurity #economy #inflation #affordability #CostOfLiving #EnergyCrisis
apnews.com/article/iran-us-isr…

#US #economy added just 57,000 #jobs in June — far below expectations — amid elevated #inflation, global turmoil

US employers pulled back on hiring last month & added only 57,000 jobs, less than half the previous month’s total & a sign companies still have a cautious economic outlook.

#labor #CostOfLiving #affordability #trumpcession #recession #trump
apnews.com/article/jobs-econom…

Yeah. Sure. Whatever.

#Iran & #US agree to halt attacks & renew “talks”

#TrumpsWar #IranWar #Trump #law #Congress #WarPowers #economy #MarketManipulation #InsiderTrading #NationalSecurity #geopolitics #MiddleEast #inflation #oil #EnergyCrisis
reuters.com/world/asia-pacific…