IMF warns of long-lasting economic impact of Gaza war on Middle East

Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The IMF has warned that the Israel-Hamas war is likely to have a long-lasting impact on the Middle East and north Africa, as its managing director said that Gaza’s economy …

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Venezuela oil sector hit by loss of its widest US license

By Marianna Parraga and Deisy Buitrago HOUSTON/CARACAS (Reuters) -Venezuela’s loss of a key U.S. license that allowed it to freely export and increase investment in its oil sector will hit the volume and quality of its crude and fuel sales while prompting a flurry of requests for individual U.S deal …

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2025 BMW X3, 2024 Saleen 302 Mustang: Today’s Car News

BMW is just weeks out from revealing its redesigned fourth-generation X3. The new compact crossover will ride on an updated version of its predecessor’s platform, and there will still be gas engines under the hood. A separate electric variant likely to be called the iX3 is coming based on BMW’s …

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Iran warns of shift in nuclear stance if Israel threatens atomic sites

Iran has warned Israel it is likely to review its nuclear stance if its atomic facilities are threatened, as tensions rise following the Islamic republic’s weekend drone and missile attack on Israel. Iran’s Revolutionary Guards said on Thursday that Tehran may “reconsider” its nuclear policy, which it has long insisted …

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