IMF warns Europe: Public debt could surge to 130% of GDP by 2040 without action
A new International Monetary Fund (IMF) study warns that Europe needs deep structural reforms and fiscal adjustment, as rising public spending threatens the long-term sustainability of government finances
US to enforce naval blockade of Iran starting Tuesday at 11:00 p.m.
The blockade will apply to all vessels, regardless of flag. It covers Iran’s entire coastline and includes Iranian ports and oil terminals, though it is not limited to those facilities
US strikes Iranian submarine using maritime drones for the first time, following Ukraine’s example
Three kamikaze drones struck the port at Bandar Abbas Naval Base - “Last night’s strikes reduced Iran’s ability to continue attacking commercial vessels,” CENTCOM said