US recession odds rise
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The largest prediction market puts the odds of a recession at about 29%.
Neelkanth Mishra, chief economist at Axis Bank, said India’s medium-term growth trajectory remains intact, despite some immediate, near-term impact from the war.
U.S. and Israeli attacks on Iran have driven up prices, darkened the outlook for the world economy, sent global stock markets reeling and forced developing countries to ration fuel and subsidize energy costs to protect their poorest.
David Martin reports on how the Iran war is at a crossroads as it enters its second month, with the global impact of rising oil prices and economic uncertainty at center stage.
A month since the war in Iran started, Americans continue to feel the rapid effects on their daily lives and wallets with no end date in sight.
A research reactor in Iran's Khondab was struck by airstrikes, an Iranian official said, stressing there was no radiation leak. The UN warns of a potential "catastrophe" in Lebanon. DW has more.