Today’s Forbes Daily newsletter covers AI using garbage as training data, Israel and Lebanon ceasefire extended, workforce cuts at Meta and Microsoft and more. Source: forbes.com

Germany’s economy continues to falter under the shock of soaring energy prices. In the wake of the Iran war, the German economy minister has had to cut her own forecast by half. Source: dw.com

The listed entities are barred from receiving ‘dual-use’ items originating in China, according to a statement from the Ministry of Commerce. Source: scmp.com

The U.S. and Iran are each trying to trigger economic damage to make the other side relent. The standoff risks worsening the damage across the global economy. Source: ms.now

French consumer confidence fell sharply in April, recording ​its largest drop since the ‌start of the Ukraine war in 2022, the INSEE official ​statistics agency said on ​Friday. Source: reuters.com

The Middle East conflict will lead to slower economic growth and higher inflation in Switzerland, but the Swiss ​National Bank has unrestricted scope to target price stability, SNB ‌Chairman Martin Schlegel said on Friday. Source: reuters.com