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Latest Economy News

Latest Economy news, analysis, and expert insights from Solara Times.

Musk's 10X Economy Claim Is Three Months Old. The Architecture Behind It Is Worth Taking Seriously.
Economy

Musk's 10X Economy Claim Is Three Months Old. The Architecture Behind It Is Worth Taking Seriously.

On March 11, 2026, Elon Musk told the Abundance Summit that the global economy would be more than ten times its current size within a decade, provided no major conflict intervenes. The claim received widespread coverage as a headline prediction. What received less attention was the engineering and economic architecture Musk outlined to support it — one that connects AI compute, orbital energy infrastructure, lunar mass drivers, Optimus robots, and a fundamental rethinking of what economic growth means when labor and energy are no longer scarce.

June 21, 2026
Iran War Pushes Global Growth to Lowest Since COVID: What the World Bank Report Really Says
Economy

Iran War Pushes Global Growth to Lowest Since COVID: What the World Bank Report Really Says

The World Bank's June 2026 Global Economic Prospects report cut its 2026 global growth forecast to 2.5 percent, the lowest since the COVID-19 pandemic, citing the energy shock from the US-Israel war on Iran. With the Strait of Hormuz still functioning at reduced capacity, a fragile ceasefire broken and tentatively restored, and the IMF issuing its own downgrade days ago, the economic damage is no longer a warning. It is a documented outcome.

June 11, 2026