July 15, 2025
Inflation ticked up to 2.7% in June as the effects of tariffs took hold, potentially complicating Donald Trump’s economic playbook. Consumer prices rose 0.3% since May, fueled by higher gas and apparel costs. Core inflation – which is seen as more reliable because it discounts volatile food and energy prices – also edged up to 2.9% year-over-year. With new tariffs looming Aug. 1, policymakers are bracing for more turbulence.
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In this Quick Take, Ian Bremmer examines the second week of the US-Israel war with Iran and warns that the conflict risks spiraling into a longer and more destabilizing situation.
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What might Iran look like a year from now? Ian Bremmer and Brooking’s Thomas Wright discuss possible outcomes.
Smoke rises after an Israeli strike on Beirut's southern suburbs, following an escalation between Hezbollah and Israel amid the US-Israeli conflict with Iran, on March 6, 2026.
REUTERS/Khalil Ashawi
The Lebanese militant group’s strikes against Israel on Monday appear to have given the Israelis the pretext to launch a massive counter-attack, with the ultimate aim being to disarm the Iran-backed group once and for all.
Iran conflict fueled food crisis, Rapper set to win in Nepal, US gives Russia sanction relief
Mar 06, 2026
Cargo ships are unloading newly arrived chemical fertilizers at the port terminal in Lianyungang, East China's Jiangsu province, on February 27, 2024.
(Photo by Costfoto/NurPhoto)
Disruptions to a key Gulf waterway in the Iran conflict aren't just threatening the world’s oil and gas supplies; they could also cause a food security crisis.
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