Europe Economy War Pain, US Tariffs Coming Back, Flawed AI Medical Advice

Your morning briefing. All the news you need to start your day.

On today's podcast:

(1) The US and Iran are looking to arrange a second round of peace talks in the coming days as a standoff in the Strait of Hormuz worsens a global energy crisis and complicates diplomatic prospects.

(2) President Christine Lagarde said higher energy costs have pushed the euro zone away from the European Central Bank’s base-case outlook, though not enough yet to warrant leaning toward raising interest rates.

(3) Britain will suffer the biggest economic shock from the Iran war of any major advanced economy and struggle to cushion the blow through either interest rate cuts or state support, according to the International Monetary Fund.

(4) UK Prime Minister Keir Starmer and his Dutch counterpart Rob Jetten met energy leaders to discuss cooperation in the North Sea as the war in the Middle East disrupts global supplies.

(5) President Donald Trump’s tariffs may be restored by July to the levels in place before the Supreme Court struck down many of his levies, Treasury Secretary Scott Bessent said.

(6) Artificial intelligence-driven chatbots are giving users problematic medical advice about half the time, according to a new study, highlighting the health risks of the technology that’s becoming increasingly integral in day-to-day life.

Podcast Conversation: Diplomacy on Ice - Finland’s president is in Canada for talks on Arctic security and regional tensions. But the lighter moment getting attention was both leaders hitting the ice with the Ottawa Charge hockey team. For more on Carney's 'Middle Powers' push listen to this episode of the Here's Why podcast

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