Economy
Cuba Has Plunged Into Its Third Island-Wide Blackout This Year — and the Power Crisis Is Getting Worse
Cuba's national electrical grid collapsed for the third time in 2026 on Monday, July 7, plunging the island of 11 million people into total...
The Iran War Cost the Global Economy $4.8 Trillion in Six Months — A New Assessment Puts a Number on the Damage
Six months have passed since US and Israeli forces struck Iran on February 28, 2026, triggering a conflict that closed the Strait of Hormuz,...
Russia Kills 22 in Kyiv Overnight as All 29 Ballistic Missiles Strike Their Targets — Hours Before NATO Summit
Russia unleashed waves of missiles and drones at Ukraine early Monday, killing at least 22 people in attacks that...
NATO Nations Agree to Spend 3.5% of GDP on Defence — the Biggest Military Spending Surge Since the Cold War
NATO member states agreed at the alliance's annual summit in Ankara, Turkey, on July 7 and 8 to raise...
US Farmers Are Being Squeezed From Every Direction — and the Iran War Just Made It Worse
American farmers entered 2026 already under significant financial and operational stress. By the Fourth of July, their situation had...
US Economy Added Only 57,000 Jobs in June — Less Than Half of What Was Forecast
The United States economy added just 57,000 jobs in June, the Bureau of Labor Statistics reported Thursday — less...
How the Iran War, Venezuela Earthquake and US Tariffs Are Combining to Reshape the Global Economy in 2026
The global economy entered 2026 with cautious optimism: inflation was subsiding, interest rates were expected to fall, and supply...
China’s Economy Is Growing — But the Numbers Hide a Deeper Problem
China's headline economic figures suggest a country navigating a difficult global environment with reasonable stability. Exports are surging. The...