Claimed he would, than called it off. I guess this is how he earned the moniker TACO? It’s anyone’s guess what he will do.
One thing for sure about Trump is he never has a straight answer for anything. That’s a certainty
Trump calls off fresh strikes hours after threatening to hit Iran ‘very hard’
Trump says planned strikes on Iran are canceled, cites progress on potential deal
Speaking of Trump and Bibi’s war of choice;
World Bank lowers global growth forecast on Iran war impacts
The World Bank on Thursday lowered its global growth forecast to its lowest level since the pandemic, warning of the expanding economic impacts of the war in the Middle East on countries around the globe.
Worldwide growth is now forecast to drop to 2.5 percent in 2026, from 2.9 percent a year earlier, with headline inflation averaging four percent, the multilateral lender said in its Global Economic Prospects report.
The US-Israel war on Iran has sent energy prices skyrocketing, causing steeper inflation with the potential for increased borrowing costs as central banks seek to tame the rampant price increases.
The World Bank said it was making up to $60 billion immediately available to developing countries which have been hardest hit by the crisis. It said that number could increase to $100 billion over 15 months.
“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,” said Ajay Banga, the Bank’s president.
Growth forecasts for two-thirds of the world’s economies have been downgraded in the new report relative to January of this year.
And World Bank officials warned of the unequal nature of the shock, hitting low-income and developing countries harder than advanced economies.
“For now, Asia is the worst affected section of the global economy,” said Indermit Gill, chief economist at the World Bank.
