A summer of turmoil and near-total war as Iran and Israel trade shots, as the conflict between the two rivals almost plunges the world into a destructive war and total shutdown of oil trade in the region. As Israel accuses Iran of nearly building a nuclear weapon the US, under President Trump, carries out a strike against nuclear facilities. The first direct American military action carried out against the Islamic Republic. Although there is a pause in fighting for the moment, a new round of fighting is likely to follow, with even worse consequences for the global economy. In the US as well, President Trump passed the so-called "Big Beautiful Bill", which will have far-reaching economic effects, such as cuts to Medicaid and SNAP services.

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