U.S. Defense Department watchdog warned that the Islamic State (IS) was "resurging" in Syria and is trying to expand its command and control in neighboring Iraq taking advantage of the United States withdrawing its troops from the war-infested country.
This warning is contained in the second quarterly report by the Inspector General on Operation Inherent Resolve (OIR), the American military operation to combat the Islamic State in Iraq and Syria.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.