The World in Brief from The Economist

America struck Iran’s southern provinces in response to an Iranian missile attack on its forces in Jordan. Also, American stocks fell and long-term borrowing costs rose, as investors worried the Federal Reserve would struggle to contain inflation.

Donald Trump said America would deliver a “beating” to Iran in response to its latest attack on its forces in the Middle East.

Donald Trump said America would deliver a “beating” to Iran in response to its latest attack on its forces in the Middle East; The Federal Reserve left its benchmark interest rate unchanged at 3.5% to 3.75%.

America accused Iran of launching a “surprise” attack on its forces in the Gulf, raising fears that fighting could resume after a days-long pause. Also, OpenAI said there had been more victims of the world’s first fully autonomous AI hack.

The NASDAQ 100, a tech-heavy index of American stocks, fell by around 1% as concerns over AI-related spending and Chinese competition hurt semiconductor-makers; Oman reportedly presented a plan to Iran for joint management of the Strait of Hormuz.

Donald Trump said America was “having good talks” with Iran, but threatened to resume strikes if negotiations failed. Also, concerns over AI-related spending and Chinese competition caused another sell-off of semiconductor stocks.

Donald Trump said America was “having good talks” with Iran, but threatened to resume strikes if the negotiations failed.

Donald Trump said America was “having good talks” with Iran, but threatened to resume strikes if the negotiations failed; Emmanuel Macron, France’s president, said the wildfires blazing in the country’s south-west were France’s “most difficult situation” since the second world war.