World Bank warns of persistent global economic stagnation through 2026
Economics Key Points * World Bank projects 5% reduction in global GDP growth through 2026 * Geopolitical tensions, high interest rates, and commodity volatility
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WEF Chief Economists Warn: Global Growth to Weaken Amid Hormuz Closure
Economics Key Points * 89% of chief economists predict global growth will weaken in the next 12 months. * Closure of the Strait of
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Trump legal team denies collusion in creation of 'anti-weaponization' fund
Politics Key Points * Trump's legal team raised $15 million for defense fund * Federal court filing denies collusion in fund creation
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Standard Chartered Declares End of Crypto Winter: Bitcoin at $59,000
Crypto Key Points * Bitcoin's price drawdown from $126,000 to $59,000 marks a 53% decline. * Geoffrey Kendrick, Standard Chartered’
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Central European Floods: $10 Billion Toll and Policy Shifts Ahead
Climate Key Points * Central Europe floods caused $10 billion in infrastructure damage. * 27 deaths and extensive damage across Germany, Austria, and neighbours.
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FTC Alleges Amazon's Algorithmic Pricing Scheme Extracted $1 Billion
Technology Key Points * FTC alleges Amazon's 'Project Nessie' extracted over $1 billion from consumers. * Amazon spokesperson Tim Doyle
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Guinea’s ruling coalition wins first legislative elections since 2021 coup
Politics Key Points * Generation for Modernity and Development coalition wins largest bloc of seats * Election marks first legislative vote since 2021 military
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U.S. and Iran inch toward limited nuclear and de-escalation deal
Politics Key Points * U.S. and Iran nearing limited nuclear constraints and regional de-escalation agreement * Criticism from Republicans, support from European governments
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Global Cybersecurity Alert: Immediate Impact on Enterprise Software
Technology Key Points * National cybersecurity agencies report coordinated exploitation of a critical enterprise software vulnerability * State-linked and criminal actors target government networks,
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Middle East Geopolitical Tensions Escalate: US-Israel-Iran Strikes
Geopolitics Key Points * Israel conducted air and missile strikes on IRGC targets in Syria and Lebanon * US forces raised alert posture after
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Russian Offensive Intensifies in Ukraine’s Kursk and Sumy Regions
Geopolitics Key Points * Russian forces captured several villages in Ukraine's Sumy oblast between 5–11 June 2026. * Ukraine reallocated military
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24 Hours of Crypto Market Stability Amid Regulatory Uncertainty
Crypto Key Points * Zero crypto liquidations recorded in the past 24 hours * No major regulatory decisions or enforcement shocks reported * Market stability
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Climate Watchdog Highlights Escalating Global Cascade of Floods, Heatwaves and…
Climate Key Points * Global mean temperature has risen roughly 0.3°C since 2015 * 11 additional hot days per year on average
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U.S. May CPI data cools rate hike bets, shifts market dynamics
Economics Key Points * U.S. May CPI: headline inflation 0.5% MoM, 4.2% YoY; core CPI 0.2% MoM * Markets react:
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Ethereum ETF Market Impact: Crypto Cap Hits $4.1 Trillion
Crypto Key Points * Ethereum ETFs saw $2.85 billion in weekly net inflows * Crypto market cap rose 11.1% week-on-week to $4.
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