Middle East

Business

IMF Cuts Global Growth Forecast as Middle East War Shocks World Economy

The International Monetary Fund has revised global growth down to 3.1% for 2026, warning that the Middle East conflict is generating rising commodity prices, tighter financial conditions, and heightened uncertainty worldwide.

Earth

Israel-Hezbollah Ceasefire Takes Effect as Middle East Diplomacy Intensifies

A fragile 10-day ceasefire between Israel and Hezbollah came into force on April 17, 2026, raising cautious optimism across the region amid ongoing diplomatic negotiations over Iran.