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IMF revise growth outlook for the Middle East and Central Asia: 2026 forecast cut to 0.7% from 1.9%; 2027 forecast raised to 6.5% from 4.6%.

2026-07-08

IMF revise growth outlook for the Middle East and Central Asia: 2026 forecast cut to 0.7% from 1.9%; 2027 forecast raised to 6.5% from 4.6%.

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2026-07-08

Stoxx Europe 600 fell 1.6%, on track for its largest one-day decline since mid-March.

Stoxx Europe 600 fell 1.6%, on track for its largest one-day decline since mid-March.
2026-07-08

Investinglive analyst Adam Button: US President Trump has publicly stated that, in his view, the agreement (or memorandum of understanding) with Iran is "over." This essentially confirms that the fragile ceasefire is likely to end soon, at least for

Investinglive analyst Adam Button: US President Trump has publicly stated that, in his view, the agreement (or memorandum of understanding) with Iran is "over." This essentially confirms that the fragile ceasefire is likely to end soon, at least for now, with both sides resuming mutual attacks. It seems likely that the Strait of Hormuz will return to a de facto blockade. Of course, to be honest, it was never truly completely unobstructed. However, the current winds have essentially extinguished the illusions of those who still harbored a glimmer of hope for an improvement in the situation. It's worth noting that Trump's exact words imply that he considers the ceasefire over. However, he also added that negotiations will continue, but he himself no longer wants to handle the matter personally, intending to let negotiators continue. Ultimately, he believes this is a waste of time. In short, it's just rhetoric. In conclusion, the current situation is that the agreement appears to have completely collapsed, and everything seems to be back to square one. The situation is about to become turbulent again.
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