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  • IMF Cuts US Growth Forecast, Cites Trump Tariffs as Major Factor

    IMF Cuts US Growth Forecast, Cites Trump Tariffs as Major Factor

    The International Monetary Fund (IMF) has revised its growth forecast for the United States, indicating a significant reduction due to the impact of tariffs introduced by the Trump administration. The IMF warns that the U.S. economy will face the most substantial adverse effects from these tariffs, which were initially aimed at protecting American industries. This…

  • CrowdStrike Software Update Causes Global IT Outage, Recovery Expected to Take Time

    CrowdStrike Software Update Causes Global IT Outage, Recovery Expected to Take Time

    Following a global IT outage, the CEO of cybersecurity firm CrowdStrike has announced that recovery efforts are underway but warned that a return to normal operations might take some time. The outage, caused by a defective software update, has led to widespread disruptions, including thousands of flight cancellations, banking and healthcare service interruptions, and some…