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US
2026-09-01 17:03:29

US Military Strikes IRGC Targets Inside Iran in Retaliation for Strait of Hormuz Attacks

The U.S. Central Command (CENTCOM) announced on September 1, 2026, that U.S. forces had begun striking Islamic Revolutionary Guard Corps (IRGC) targets inside Iran at 12 p.m. ET, in response to recent IRGC attempts to attack commercial ships in the Strait of Hormuz and threaten U.S. service members. The rare direct strike on Iranian soil represents a significant escalation in U.S.-Iran tensions. The conflict has seen prior incidents, including a U.S. airstrike on a small island in the Strait of Hormuz and an Iranian retaliation on a U.S. base in Jordan. Additionally, Iranian state media reportedly threatened the life of former President Trump's son, Barron Trump, prompting a U.S. Secret Service investigation. Related developments include Trump's announcement of severe sanctions on Iran, the delay of the Trump family's WLFI token sale due to the conflict, Trump's proposal to claim the Strait of Hormuz as U.S. territory, and a U.S. helicopter attack on a vessel in the Gulf of Oman. The global economy and financial markets may face increased volatility amid the rising geopolitical tensions.

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US Military Strikes IRGC Targets Inside Iran in Retaliation for Strait of Hormuz Attacks
IMF
2026-08-25 18:14:33

IMF chief says AI investment is spreading beyond the US and could power global growth

International Monetary Fund Managing Director Kristalina Georgieva said the current wave of AI investment is no longer confined to the United States and is starting to spread across the global economy, according to the Financial Times. As countries step up spending on data centers and related infrastructure, she said AI is shifting from a US-specific trend into a broader engine for world economic growth. Georgieva also said the global economy has been hit by the Iran war and the energy shock triggered by the closure of the Strait of Hormuz, though the impact has so far been less severe than previously expected. She attributed that resilience to weaker energy demand, emergency releases of oil and natural gas reserves, increased supply from outside the Gulf, and growth in renewable energy and coal supply. At the same time, she said the world economy remains caught in a tug-of-war between the AI boom and the economic damage tied to the conflict with Iran. While AI investment is still concentrated in the US, countries involved in the AI hardware supply chain and exporting related products worldwide are also benefiting. Georgieva warned that the energy shock is not over, adding that another rise in oil prices could lift inflation, force central banks to raise interest rates, increase government financing costs, and weigh on growth.

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IMF chief says AI investment is spreading beyond the US and could power global growth
Goldman Sachs
2026-08-20 14:59:32

Goldman Sachs says AI infrastructure spending could reach $1.6 trillion by 2031

Goldman Sachs said in a forecast report that spending on artificial intelligence infrastructure could reach $1.6 trillion by 2031, according to a Techub News brief citing Crypto Briefing. The report said the expected surge in investment may reshape global economic priorities. It also pointed to possible effects on technology leadership and energy demand as capital continues to flow into AI-related buildout. The brief did not provide further details from the report, but it framed the projection as a major long-term spending estimate tied to the expansion of AI infrastructure over the rest of the decade.

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Goldman Sachs says AI infrastructure spending could reach $1.6 trillion by 2031
Goldman Sachs
2026-08-04 02:32:35

Goldman Sachs Puts 2026 Global AI Investment at $1.019 Trillion, Above the Market’s $800 Billion Benchmark

Goldman Sachs said in an Aug. 2 global economics report that the market’s commonly cited $800 billion figure for 2026 hyperscaler capital expenditure understates the scale of worldwide AI investment and overstates how much of that spending is actually taking place in the United States. After adjusting for private companies, non-U.S. firms, pre-existing spending and the geographic split of projects, the bank estimated 2026 global AI investment at roughly $1.019 trillion, including about $581 billion in the U.S. The report said the widely used benchmark misses around $200 billion of global AI investment while overstating U.S. domestic AI investment by roughly the same amount. Goldman also used two separate cross-checks — one based on forecast revisions to gross profits at AI-related listed companies, and another based on national accounts and trade data — and said the results converged around the same conclusion: global AI investment is nearing $1 trillion and U.S. AI investment is close to $600 billion. Looking ahead, Goldman expects AI investment to rise as a share of GDP. It projected the ratio for the U.S. at 1.8% in 2026, 2.5% in 2027 and 2.8% in 2028. For the world economy, it forecast 0.9%, 1.3% and 1.4% over the same period.

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Goldman Sachs Puts 2026 Global AI Investment at $1.019 Trillion, Above the Market’s $800 Billion Benchmark
France
2026-07-30 17:15:40

France warns closure of Strait of Hormuz would hit global economy

France’s Foreign Ministry called for de-escalation in the Red Sea and said any closure of the Strait of Hormuz would have consequences for the global economy, according to a report cited by ChainCatcher from Jin10. The update was published as a 7x24 newsflash and focused on the ministry’s warning about risks tied to a potential disruption in one of the world’s key shipping passages. No further details were provided in the brief. ChainCatcher attributed the item to Jin10 in its original post.

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France warns closure of Strait of Hormuz would hit global economy