Trump’s Iran War Slowing Global Economic Growth to Lowest Level Since Pandemic: World Bank

The World Bank on Thursday lowered its global growth forecast for the remainder of 2026 as the illegal US-Israeli war of choice on Iran drives up energy prices, inflation, and the cost of debt.

“The global economy is facing another major shock,” the World Bank’s latest biannual Global Economic Prospects report states. “The conflict in the Middle East has triggered sharp increases in energy prices, renewed inflationary pressures, and fueled expectations of tighter monetary policy.”

“Global growth is projected to slow to 2.5% in 2026, from 2.9% in 2025 – the lowest rate since the Covid-19 pandemic – amid weaker prospects for economies dependent on energy imports and those directly affected by hostilities,” the report continues. “Activity is expected to firm in 2027-28 as energy supplies recover, monetary easing resumes, and trade strengthens.”

The Iran War has resulted in the closure of the Strait of Hormuz, through which around 30% of the world’s fertilizer and 20% of its oil previously passed. In addition to increasing the risk of a global food crisis, the strait’s closure has sent fuel and fertilizer prices soaring, with US farm diesel costing nearly 50% more than it did on the war’s eve in February and various fertilizer products spiking by between one-quarter and one-half.

The war has affected the economies of countries far removed from Iran, as the World Bank reports forecasts that “growth in emerging market and developing economies (EMDEs) is expected to slow to 3.6% this year.”

“The level of per capita income across EMDEs excluding China and India, relative to advanced economies, is not expected to return to the pre-pandemic level until after 2028, implying nearly a decade of lost income convergence,” the international financial institution predicted.

World Bank Group president Ajay Banga said in a statement Thursday that “developing countries have faced a series of challenges over the last decade.”

“The impact differs by country, but the basic test is the same: Protect people and preserve stability today, without giving up on growth and jobs tomorrow,” Banga added. “In response to the current shock, we are providing liquidity where it is needed now – and we are ready with additional financing, guarantees, and private-sector solutions if pressures deepen. Our job is to help countries steady the ship, keep reforms moving, and emerge stronger on the other side.”

The bank said in April that up to $100 billion would be made available over the next 15 months for nations suffering the most acute economic shocks caused by the war.

Keep reading

Israel And Her Supporters In US Rage Over Peace Deal, Declare Will Not Abide, Enemies Come After Netanyahu

Israeli officials took to social media today to declare they will not abide by President Trump’s ceasefire agreement when it comes specifically to Lebanon. Pro-Israeli influencers and voices in the United States were also upset with the deal.

Israeli Prime Minister Netanyahu’s critics used the deal to attack him politically.

Comments are below.

Israeli National Security Minister Ben-Gvir:

Trump’s agreement does not bind us. Israel is not subject to the United States, and we are an independent and sovereign nation!

We emphasize: We love the USA and are grateful to President Trump. And yet, the State of Israel is not a banana republic.

Israeli Finance Minister Bezalel Smotrich:

The agreement with Iran is bad for Israel and for the entire free world. Period.

The joint campaign had many achievements in weakening Iran, and they will not go to waste. 

We will have to continue the campaign to topple the regime ourselves and in creative ways, and ensure that Iran will never have nuclear weapons.

Keep reading

With One Strike, Netanyahu Tries To Kill Two Peace Deals

It’s important to understand that, contrary to Donald Trump’s quip to Barak Ravid that Netanyahu has “no f***ing judgment,” the Israeli Prime Minister knows exactly what he is doing: With a set of strikes at the Dahiyeh neighborhood in Beirut, he is trying to kill both the pending US-Iran peace deal and the fragile peace between Israel and Lebanon that would come with it.

There is a further strategic dividend. Netanyahu is also seeking to preempt Iran’s attempt to establish a new regional deterrence equation – one in which attacks on Beirut, and potentially on Lebanon more broadly, would trigger a direct Iranian response against Israel. By striking now, he is not merely targeting an adversary; he is challenging the emergence of a regional order that would constrain Israel’s freedom of military action.

Netanyahu even posted a video on his Twitter bragging about the attack.

The exchange of fire between Israel and Iran last week was about far more than retaliation. After Israel defied President Trump and struck Beirut’s Dahiyeh neighborhood, Iran responded by attacking Israel directly – the first time Tehran had launched strikes on Israel in response to an Israeli attack on Lebanon. Israel defied Trump once more and retaliated against Iran, prompting another Iranian response, after which Israel confined its next strike to southern Lebanon rather than Beirut.

The cycle reflected Iran’s attempt to establish a new regional equation: that attacks on Lebanon would no longer be cost-free for Israel, but would carry the risk of direct Iranian retaliation. For the first time in decades, a major regional power was seeking to place hard-power constraints on Israel’s freedom of military action beyond its borders.

Having reestablished its own deterrence, Tehran was now attempting to establish extended deterrence to its partners as part of a broader effort to rebuild its forward-defense posture. Israel, unsurprisingly, viewed this as a direct challenge to its long-standing freedom of maneuver and moved quickly to prevent the new doctrine from taking hold.

Of course, extended deterrence can not be established through a single exchange of fire. At a minimum, it would require several rounds of action and reaction before either side accepted it as a new reality. And even then, it would never be foolproof. Tehran understands that its purpose cannot simply be to eliminate Israeli strikes on Lebanon, but to force Israeli leaders to think twice before authorizing them by attaching a new and significant cost: the likelihood of direct Iranian retaliation.

It was therefore clear that Netanyahu had not abandoned the fight. Yet for several days, even as Hezbollah and Israel continued to exchange fire, he refrained from striking Beirut’s southern suburbs and testing Iran’s new red line.

Keep reading

How Israel Planned the Gaza Genocide Decades Ago

The truth slowly comes to light: Israel‘s genocide in Gaza was planned decades ago.

Listen to the testimonies of four Israeli soldiers who served in Gaza.

Soldier 1: “Human lives didn’t matter. You could kill, there was no law. No one would say a word to you. But it’s not a good feeling. It mainly kills your humanity.”

Soldier 2: “At first I wasn’t willing to execute Arabs who weren’t resisting [that is, civilians]. Then we came to the conclusion that we had to kill. We went through the process of ceasing to see them as human beings.”

Soldier 3: “We caught guys, lined them up and eliminated them. In retrospect, it looks like murder.”

Soldier 4: “We would roam through refugee camps in Gaza and carry out purges… Every soldier who was there created a ‘concentration camp’, and they didn’t hesitate to kill people who caused a slight disturbance.”

No, these testimonies are not new. The whistleblowers did not serve in Gaza during the current, ongoing genocide there. These accounts are nearly 60 years old, published last week by the Israeli newspaper Haaretz under the headline “We were ordered to kill”.

Israeli soldiers interviewed shortly after the 1967 war – often referred to as the Six-Day War – not only confessed that they and others routinely committed war crimes but they pointed out that they did so under orders from their commanders.

The accounts were compiled into a book, The Seventh Day: Soldiers Talk About the Six-Day War, by Avraham Shapira, though many testimonies were not included because they were too shocking.

None of this should be simply of historical interest. These accounts are a vivid reminder that what Israel has been doing during its current, near three-year destruction of Gaza – levelling all homes, hospitals, schools, universities, bakeries and government offices; murdering tens of thousands, more likely hundreds of thousands, of Palestinian civilians; and blocking aid and starving the population – is part of a decades-old pattern of Israeli military conduct.

Nothing “started” on 7 October 2023, when Hamas broke out for a single day of the Gaza “concentration camp” – the plight of Gaza’s Palestinians noted 59 years ago by Soldier 4.

Rather, Israel found an excuse that day to breathe new life into an old story, one in which it has been slaughtering and expelling Palestinians for decades. The chief difference this time is simply one of scale and duration.

Washington and other western capitals have given Israel the time and space to finish in Gaza what, earlier, it had only been able to achieve in part. Israel’s much greater firepower today, provided by modern munitions supplied by the United States, has allowed Israel to realise what before it could only dream of doing: wiping Gaza off the map.

Keep reading

It’s a Most Confusing Time To Be in the US Military

It’s a most confusing time to be in the U.S. military. Who knows why we fight?

At the top, there’s a lack of principles, a lack of clarity, a lack of care.

There’s no accountability for losses and bad decisions.

The government keeps the people isolated from war’s true costs. There’s no call for sacrifice. No war bonds, no draft, no increase in taxes. Costs are largely kicked into the future as the national debt soars ever higher.

An all-volunteer military is essentially told to follow orders. Never mind about the morality or legality of the same.

The people are encouraged to cheer on or otherwise to support their warriors and warfighters. Basically, to wave the flag but otherwise to go about their business.

A divided Congress has essentially rendered itself powerless over war-making. Meanwhile, Members of Congress fight for their share of an expanding Pentagon pie of money (or pork) for their districts.

The Secretary of State says we went to war with Iran because Israel forced the U.S. government’s hand. So apparently in this case the U.S. military fights for Israel.

So far, the main beneficiaries of the war appear to be defense contractors, fossil fuel companies and banks, so apparently the U.S. military is fighting for them as well.

Clearly, with Iran the U.S. military is not fighting to defend the American people or to support and defend the U.S. Constitution.

Again, who knows why we fight?

Keep reading

US To Withdraw a THIRD of NATO Fighter Jets, Other Deep Strike Capabilities From Europe: REPORT

Europeans will have to put their money and effort where their big mouths are.

After years of working to counter almost every move by US President Donald J. Trump, the loud-mouth European leaders will have to pick up the slack and fend off for themselves in the defense of their troubled continent.

Reports are arising today of US’ plans to diminish access to military capabilities for NATO ‘allies’, part of its plan to withdraw from the European security architecture.

According to  Euronews, “everything linked to deep strike capabilities will be cut, Euronews has learned. Specifically, this includes US long-range bombers such as the B2 and B-52. Naval assets, including missile-launching submarine and aircraft carriers, will also be withdrawn and re-directed to other theatres.”

The New York Times reported:

“The United States plans to significantly reduce the aircraft and warships that it makes available for NATO operations in Europe, according to two senior European officials, accelerating America’s effort to scale down the protection it has offered to European allies for eight decades.”

Keep reading

As Ukraine Runs Out Of Men, To Keep War Going, Zelenskiy To Create Mercenary Army – What Could Go Wrong?

As the number of fighting-age men dwindles in Ukraine, as the Christian ethnocide plays out, Ukraine is launching a major recruitment drive that will allow private companies to source, screen, and deliver foreign fighters to its armed forces, with the goal of filling 30 to 50 percent of its assault and infantry positions with non-Ukrainians. This will allow globalist forces to keep the war going at any cost.

There has also been talk of enabling mass migration of third world men into the area.

Hundreds of thousands of Ukrainian men have deserted this year, and many of those have fled the country. Daily videos of violent bounty hunters clashing with civilians are appearing online as the war loses the support of more and more of the Ukrainian people.

Defense Minister Mykhailo Fedorov announced the target on Thursday, describing the initiative as a way to bolster combat units and preserve Ukrainian lives. Commander-in-Chief Gen. Oleksandr Syrskyi echoed the statement, calling the plan “the first stage of a large-scale transformation” of the military.

Under the new system, private recruiting firms will handle the search, vetting, selection, and logistics for foreign volunteers. Companies will be compensated for each recruit who successfully signs a contract and joins a unit. Foreign fighters will serve under the same terms, pay, and conditions as Ukrainian personnel, without a separate foreign legion structure.“

We are opening the market for recruiting foreigners to strengthen combat units and save the lives of Ukrainian military personnel,” Fedorov said.

The recruitment effort forms the centerpiece of a broader military service overhaul announced by President Volodymyr Zelenskyy on the same day following a meeting with Prime Minister Yulia Svyrydenko, Fedorov, and Finance Minister Serhii Marchenko, writes SOFX.

As part of the reforms, minimum pay for rear-area personnel will rise to 30,000 hryvnias (approximately $670) per month — double the previous floor. Frontline infantry will receive 300,000 hryvnias (roughly $6,700) for a month of service, which Fedorov described as the highest infantry compensation rate globally. With combat bonuses, total monthly pay for assault troops can exceed $10,000 (about 460,000 hryvnias).

New contracts will last 10 to 14 months for infantry and assault roles, and 24 months for specialized units such as drone operators, artillery crews, and electronic-warfare personnel. Each contract will be followed by a demobilization window exempting soldiers from further mobilization.

Fedorov indicated that the army plans to begin discharging its longest-serving and most combat-experienced troops before the end of 2026, balancing the arrival of foreign recruits with the release of exhausted Ukrainian personnel.

Ukraine’s military has faced significant manpower challenges. Many long-serving troops are battle-weary with no fixed end to their service, while recent mobilization efforts have struggled to attract motivated infantry. A 2025 attempt to recruit 18-to-24-year-olds with competitive pay and short contracts saw limited uptake for ground combat roles, succeeding mainly in high-demand technical specialties like drone units.

Foreign volunteers already play a substantial role in frontline infantry duties, particularly fighters from Latin America. Colombians form one of the largest foreign contingents, with many deployed after minimal training. The Atlantic Council has estimated that 300 to 550 Colombians have been killed in Ukraine — the highest toll among foreign nationalities — with most losses attributed to FPV and kamikaze drones targeting infantry positions.

Keep reading

Humanoid Warbot Live-Fires Mortars At Vegas Test Range

It is not just one-way attack drones (read JPMorgan report) operating on AI-enabled kill chains that human soldiers have to worry about on the modern battlefield. We have been laying out this story and were among the first to point out that humanoid robots are not only entering factory floors and warehouses, but are also moving toward the battlefield.

San Francisco-based robotics company Foundation Future Industries is developing a “dual-use” humanoid robot called the “Phantom MK1,” designed for heavy manufacturing, logistics, and the military.

The defense angle for the Phantom MK1 is quite simple: replace the human soldier with the robot for close-quarters battle (CQB) operations, including breaching and room-clearing support.

Beyond CQB, a never-before-seen video now shows the Phantom MK1 operating a mobile light mortar system during a live-fire training exercise in Las Vegas, Nevada.

To better understand the Foundation’s position, we reached out for comment. The company responded with the following statement:

The US military has backed Foundation in over $73M on grants and contracts to develop their robot to this point.

Although many of the use cases they’ve worked on have been logistics-focused, the ultimate goal has always been kinetic use cases. 

Although drones and UGVs have been promising new robots on the Ukrainian battlefield, humanoids are the only robot being built that promises to interact with the entire fleet and arsenal of human weapons and vehicles. 

Launching mortars and soon breaching doors have become near-term proofs of humanoids moving from logistics to kinetic engagements. 

Keep reading

Russian Governors Rush To Deny Fuel Crisis As Rationing Spreads

Russia’s authorities and regional governors are racing to assure residents there are no fuel shortages amid an intensified Ukrainian drone campaign at Russian refineries and fuel supply roads.

Ukraine has stepped up attacks this month on key fuel supply routes in its territories occupied by Russia, including Crimea and Mariupol. Several Russian regions have been experiencing fuel shortages as Ukraine hits Russian oil refineries.

Last week, the Moscow Times reported that some gasoline stations in Moscow and regions in northern Russia have started to cap fuel purchases per driver, in a move to prevent panic buying.

Officials are playing down the fuel crisis.

Alexander Drozdenko, governor of the northwestern Leningrad region, said this week that “Supplies are being delivered according to plan, there are no shortages,” as carried by Bloomberg.

Some isolated complaints about fuel shortages “do not reflect the overall situation,” the regional official said.

Governors all across Russia are looking to play down the extent of the crisis.

Meanwhile, earlier this month Russia admitted for the first time that its crude oil production is falling.

Russia’s crude oil production has declined since the beginning of the year as a number of local refineries are under unscheduled repairs and maintenance, Russia’s Deputy Prime Minister Alexander Novak said, in the first public acknowledgement from Moscow that its output is flailing.

“We have a number of refineries under unscheduled repairs. However, we are maximizing the use of the export infrastructure,” said Novak, who represents Russia at the OPEC+ meetings and at discussions about the alliance’s output.

Russia is preparing to sharply reduce crude oil exports this month as mounting refinery disruptions, fuel shortages, and Ukraine’s bombing campaign force Moscow to divert more barrels into the domestic market.

Exports from Russia’s western ports of Primorsk, Ust-Luga and Novorossiysk are expected to fall to roughly 1.7 million barrels per day in June from 2.5 million bpd in May, according to Reuters calculations based on preliminary industry and trading data.

Keep reading