World
U.S. forces struck about 90 targets in Iran for a second night, and Iran fired missiles and drones toward U.S. bases in Kuwait, Bahrain and Qatar. Each side accused the other of breaking their deal.
By News Unc
The United States and Iran exchanged strikes overnight into Thursday, July 9, for a second straight night, hours after President Trump said he believed their ceasefire was over. Both governments accused the other of violating the terms of the deal they signed in mid-June.
U.S. Central Command said its forces struck about 90 targets in Iran, including missile and drone storage sites, with explosions reported in cities along the Strait of Hormuz, Just Security's daily summary reports, citing the Associated Press and The New York Times. Iran's military said it responded with drone and missile strikes on U.S. bases in Kuwait, Bahrain and Qatar; Kuwait said its air defenses intercepted missile and drone attacks, and air raid sirens sounded in Bahrain. Iran's health ministry said U.S. strikes over the two days had killed at least 14 people and wounded 78.
A U.S. official said technical talks between the two countries would continue. The renewed fighting came as the International Monetary Fund warned that the war was weighing on the global economy.
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Economy & business
The fund cited the war in the Middle East, higher energy prices and stalled progress on inflation, but expects a rebound to 3.4 percent in 2027.
By News Unc
The International Monetary Fund lowered its forecast for global economic growth this year to 3.0 percent from 3.1 percent in its July 8 World Economic Outlook update, citing the war in the Middle East, higher energy prices and geopolitical uncertainty, Reuters reports. It raised its 2027 forecast to 3.4 percent from 3.2 percent and its 2026 global inflation forecast to 4.7 percent.
The IMF said the world economy had so far weathered the shock from the war better than feared, but its forecast assumes the Strait of Hormuz begins reopening in mid-July; the update was prepared before the renewed U.S.-Iran fighting. It cut its forecast for the Middle East and Central Asia to 0.7 percent growth this year, and for the euro area to 0.9 percent.
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Courts
The ruling follows the Supreme Court's decision not to hear the president's appeal of the 2023 verdict.
By News Unc
A federal judge in New York ruled Wednesday, July 8, that writer E. Jean Carroll can collect the damages a jury awarded her against President Trump, after the Supreme Court declined to hear his appeal of the 2023 verdict that found him liable for sexual abuse and defamation, The Wall Street Journal reports. The jury had awarded her $5 million; the money, about $5.8 million with interest, had been held in escrow during the appeal, according to Democracy Now.
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