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Economy May 22, 2026

Lebanon's Economy Collapses Under Weight of Regional Conflict and Fuel Crisis

Lebanon's economy, showing modest growth in 2025, is now facing collapse due to renewed conflict wi…
The Economic Crisis in War-Torn LebanonBeirut, Lebanon – Mario Habib, a 51-year-old barber who opened his shop in 2006 just before war broke out between Israel and Hezbollah, is now living through another conflict. Twenty years later, his business in Furn el-Shebbak neighborhood is struggling as Lebanon's economy deteriorates under the weight of renewed war and global fuel crisis. "The price of running the generator is killing me," Habib said. "Everything has gotten more expensive, the price of petrol doubled, the supermarket is more expensive, even the products [I use for my business] got more expensive."Regional Conflict Disrupts Fuel Supplies and Economic GrowthIsrael's war on Lebanon and the broader US-Israel war on Iran are severely damaging Lebanon's fragile economy. Supply issues have particularly affected oil from the Gulf region, which has largely stopped flowing since the US and Iran blockaded the Strait of Hormuz. In Lebanon, which was already suffering from a severe economic crisis, there is less work and people are losing their jobs at an alarming rate.Despite Lebanon's government expressing optimism about the country's economy in 2025, with the World Bank recording a modest 3.5 percent GDP growth that year, the renewed conflict has erased those gains. In March 2026, inflation reached an 18-month high in Lebanon. Lebanon's Bank Audi now predicts that there will be 0 percent GDP growth in 2026 if the war continues.Economic Indicators Show Deteriorating ConditionsInflation reached an 18-month high in March 2026Bank Audi projects 0% GDP growth for 2026 if war continuesLebanon had recorded 3.5% GDP growth in 2025Reconstruction and recovery costs estimated at $11bn by World BankWar-related losses in 2026 estimated at $3bn (with more expected)Oil prices have increased approximately 65% since MarchCompounding Crises Create Perfect Economic StormLebanon's current economic crisis is not solely the result of recent conflicts. The country has been facing multiple compounding crises for years:2019: Financial mismanagement led to a banking crisis, cutting people off from their savings2020: Beirut port explosion killed 218 people and devastated infrastructure2021-2022: Worsening state services and mass emigration2023-2024: Hezbollah-Israel war displaced thousands of Lebanese2024: Israel intensified attacks, displacing more than one million people2026: Renewed Israeli attacks have displaced over 1.2 million people"This is a war that comes after a war," said Sami Zoughaib, an economist and research manager at The Policy Institute, a Beirut-based think tank. "It comes after institutional collapse. It comes after one of the worst financial crises in history."Societal Impact and Economic VulnerabilityThe economic crisis is disproportionately affecting Lebanon's most vulnerable populations. According to the World Bank, agriculture, commerce, and tourism—sectors accounting for 77 percent of economic losses—are key income sources for low-wage and informal workers now at significant risk.Remittances, which were approximately $6.6bn in 2023, are expected to drop significantly in 2026 due to rising oil prices. The 65% increase in oil prices since March particularly affects remittances from Gulf countries, which are crucial to Lebanon's economy.The displacement crisis has mostly impacted Lebanon's Shia community, from which Hezbollah draws its support. However, economists warn that the economic fallout could exacerbate societal divisions, with political elites potentially scapegoating displaced people for the country's economic problems—a pattern seen in the past with Syrians and Palestinians.Future Outlook: Economic Collapse or Recovery?Should the current pattern of conflict continue, Lebanon's economy could soon become unviable, with many investors deciding that opening or operating businesses is not worth the potential returns. The impact has been felt across the country, with no community left untouched by the economic consequences of war.While some areas have been hit harder than others, economist Sami Zoughaib warns that Lebanon may be reaching a point of no return. "That is, for me, very dangerous," Zoughaib said, referring to the potential for political elites to exploit economic divisions for their own gain.For ordinary Lebanese citizens like Mario Habib, the immediate concern is survival. Despite rising costs and reduced business, Habib refuses to raise his prices. "I always prefer that the person who comes here is comfortable," he said. "A lot of things are more expensive, but I prefer to be conservative on this. I feel like if you come to me, you want to be happy and relaxed."
#Lebanon #Economy #Israel-Lebanon War
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Economy May 22, 2026

Petrol Purchases Plunge Drives Biggest UK Retail Sales Drop in a Year

Motorists cutting back on petrol purchases at the steepest rate since the Covid pandemic drove reta…
The Fuel-Driven Retail ContractionMotorists cutting back on petrol and fuel purchases at the steepest rate since the Covid pandemic in 2020 drove retail sales in Great Britain to their biggest monthly decline in a year. The Office for National Statistics (ONS) reported that the overall volume of retail sales plunged by 1.3% in April compared with the previous month, marking the biggest contraction since May last year and exceeding economists' expectations of a -0.6% decline.The Fuel Purchase FreefallFuel purchases plunged more than 10% month on month, representing the biggest slide since November 2020, when monthly sales fell 14.8% as pandemic protocols put households into a second national lockdown. After strong growth in March, motorists appear to be conserving fuel, with the ONS noting that "these subdued fuel purchases contributed to a sizeable monthly fall for total retail sales in April."Financial Impact AnalysisThe ONS slightly revised down its initial estimate of retail sales growth in March from 0.7% to 0.6%. That previous rise had been driven by a 6.1% increase in fuel sales volumes – and a 12% rise in the value of fuel sales, the biggest monthly increase since November 2021 – as the Iran war prompted "panic at the pumps" and a rush to stock up amid the biggest jump in fuel prices for more than three years.When excluding the impact of the dramatic fall in fuel purchases, total retail sales still fell by 0.4% month on month, indicating broader consumer caution beyond just fuel purchasing decisions.Shifting Consumer Behavior in RetailDespite the overall decline, there were "strong and sustained" sales at beauty product and computer and tech shops in April. However, retail stores faced a 0.4% decrease versus March, with clothing stores taking the brunt as sales declined 2.4% – the lowest level since June last year. This decline occurred amid variable weather conditions and lower demand as shoppers worried about rising prices.Consumer sentiment has fallen at its fastest rate for four years, according to Jacqueline Windsor, head of retail at PwC UK, who noted that "April 2026 will be remembered as the first month that the impact of the Middle East conflict first hit British consumers."Future Outlook for UK RetailThe question now is whether the downward momentum in retail sales will continue, or if May's better weather and potentially lower inflation can encourage consumers back into stores as spring turns to summer. Over the first quarter, total retail sales rose by 1.1% year on year and 0.5% compared with the final three months of last year, suggesting some underlying resilience despite the April downturn.The retail sector faces significant headwinds from geopolitical tensions affecting fuel prices and broader economic uncertainty, which may continue to influence consumer spending patterns in the coming months.
#Great Britain #Office for National Statistics #Retail Sales
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Environment May 22, 2026

Hunters Claim Shooting Big Game Can Save Africa’s Wildlife – Guardian Podcast

The Guardian releases a new podcast episode examining the controversial view that hunting big game …
Executive Summary of the Podcast EpisodeThe Guardian’s latest podcast follows hunters who argue that shooting big game can help preserve Africa’s wildlife, sparking a nuanced discussion on conservation strategies.Episode Focus and How to Access ItListen or read: Read the text version hereSupport the Guardian: theguardian.com/longreadpodRelated Publication Highlighted in the EpisodeThe episode references Adapted from The Savage Landscape: How We Made the Wilderness by Cal Flyn, published by William Collins on 7 May. The book can be ordered via guardianbookshop.com.Visual Context ProvidedPhotograph: ReutersWhy This Conversation MattersThe podcast adds to ongoing debates about the role of regulated hunting in wildlife management, offering perspectives from those directly involved in the practice.Looking AheadFuture episodes and related reporting are expected to continue exploring the complex balance between hunting, conservation funding, and ecosystem health across Africa.
#The Guardian #Podcast #African wildlife
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Business May 21, 2026

Vinted boss on moving beyond fashion

Vinted's CEO, Adam Jay, discusses the company's growth beyond fashion and its mission to make secon…
The Rise of Secondhand Shopping Once the preserve of jumble sales and charity shops, “preloved” fashion and homewares are now leading style and shopping trends in the UK. After the rapid growth of online retail, Britain is now witnessing “the normalisation of secondhand”, according to Adam Jay, the chief executive of Vinted’s main marketplace arm. Vinted's Expansion Beyond Fashion The UK is at the forefront of an international revolution, jostling for position with France to be Vinted’s biggest market, and is also one of its fastest growing markets, as the online marketplace moves beyond just selling clothes and into everything from smartphones and books to rugs. The Data Analysis Vinted was valued at €8bn (£7bn) in April when it sold €880m in shares. Sales through the site hit €10.8bn last year. Vinted generated €1.1bn in revenue, with net profits of €62m in 2025. Sales in Britain rose 47% last year. The Impact Analysis Vinted, Shein and Temu are all growing for “fundamentally the same reason”, which is “because it’s cheap and easy. Our main competitor is new [products].” Vinted shoppers save an average 72% on the price of buying an equivalent new item. The Prediction “I see a deep and sustained change in how people buy and how people think about things that they own,” says Jay. “We want people to be thinking about how they can give every item as long as possible life. Don’t allow things to sit in the back of the cupboard for years and years untouched. Get them to someone who’s going to love them, wear them, use them.”
#Vinted #Secondhand Fashion #UK Retail
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Lifestyle May 20, 2026

The Hidden Ledger: The Guardian's Call for Financial Transparency in Relationships

The Guardian is launching a feature inviting couples to expose their hidden financial habits, offer…
The Guardian is launching a feature aimed at exposing the hidden financial habits that often plague modern relationships. The publication is seeking couples who maintain a "financial veil" over their spending habits—whether it is a recurring Pret subscription or an addiction to online shopping—to participate in a unique transparency experiment. The Guardian's Financial Transparency Experiment This initiative invites participants to record and share their money diaries in the presence of a journalist, offering anonymity to encourage honesty. The goal is to move beyond abstract statistics and capture the raw reality of how money is managed—or hidden—within intimate partnerships. Target Audience: Couples with undisclosed spending habits. Methodology: Recorded money diaries with journalist oversight. Privacy: Responses can be anonymous or published with consent. The Psychology Behind the Secret Ledger The call for stories highlights a pervasive issue: financial infidelity. Many individuals feel a sense of shame or a desire for autonomy regarding their spending, leading them to conceal purchases from their partners. This feature aims to analyze the root causes of this secrecy, ranging from a lack of trust to differing financial philosophies. Why Open Books Are Becoming the New Norm As financial literacy becomes a priority, the stigma around joint accounts and shared spending is fading. This feature underscores a broader shift where financial transparency is increasingly viewed as a cornerstone of a healthy, long-term relationship rather than a sign of distrust. What This Feature Could Reveal About Modern Couples By collecting these diaries, the Guardian is poised to uncover trends in how couples negotiate money. The data collected will likely reveal that while spending habits differ, the desire for financial honesty is a universal goal, paving the way for more open conversations in the future.
#Guardian #Money Diaries #Financial Secrecy
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Tech May 20, 2026

Google DeepMind Agrees to Talks with UK Unions Over AI Use Concerns

Google DeepMind has agreed to enter formal talks with UK tech workers that could lead to trade unio…
Google DeepMind's Shift in Labor Relations Google DeepMind, the artificial intelligence arm of Google, has agreed to enter formal talks with UK tech workers that could lead to trade union representation. This move comes amid growing staff concerns about the use of its AI by the US and Israeli governments' defence and intelligence. The Concerns Driving Unionization Hundreds of workers have signed petitions raising concerns about the application of the technology, with concern rising since the company's 2025 decision to drop a promise not to allow its technologies to be used in harmful weapons or surveillance that violated international norms. The Impact of AI on Labor Rights The move comes as Google is facing a court challenge from a DeepMind AI researcher of Palestinian heritage who alleges he was wrongfully dismissed after protesting against its work for the Israeli government. Israeli officials have credited Google's cloud computing with enabling 'phenomenal things [to] happen in combat' during the Gaza conflict. The Path Forward Google DeepMind declined to voluntarily recognise the unions for collective bargaining purposes, but said in a staff email on Wednesday that talks at Acas 'may lead to a formal ballot in a few months' time, giving all eligible employees the opportunity to vote on whether they want to be represented by the unions.' The Future of AI Development and Labor Relations A CWU source said: 'It's a concession that they need to address some of the serious issues on the shop floor. There's clearly a groundswell of opinion about the contracts they are expected to serve, for example the relationship with drone technology and the Israeli government and the relationship with the US military. This is definitely a step forward and they are not just shutting this off.'
#Google #DeepMind #UK Unions
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Entertainment May 20, 2026

Bitter Christmas Review: Almodóvar's Film Within a Film Explores Grief and Artistic Betrayal

Bitter Christmas, the latest film from Pedro Almodóvar, is a complex and personal movie that explor…
The Lead Bitter Christmas, the latest film from Pedro Almodóvar, is a complex and personal movie that explores themes of grief, loss, and artistic betrayal. The film, which screened at the Cannes film festival, is a double-layered creation that blurs the lines between reality and fiction. Almodóvar's Film Within a Film With its rich, warm, summery colours, nothing could surely be less bitter or less Christmassy than this film. It’s the latest from Cannes competition regular Pedro Almodóvar, partly set during Christmas; the female lead actually complains about the yuletide traffic at one stage. But there’s no tinsel or sleigh bells or shopping for presents. Like Die Hard, it eludes classification. It is another – which is to say, yet another – double-layered creation by Almodóvar, a kind of movie auto-metafiction of the sort that he has virtually invented, a life-v-art dialectical process that he is evidently unable to do without. Exploring Themes of Grief and Loss Like the recent Pain and Glory, Bitter Christmas is a candidly personal movie, circling around ideas like grief, loss, the vampirism of art and the betrayal involved in basing fictional characters on real people. Perhaps by emphasising this last point, Almodóvar is pre-empting or cauterising a crisis in his own life, showing us a gay male artist’s perspective on the question of whether women are not being given enough credit as the wellspring for inspiration or indeed as artists themselves. The Film's Complex Structure The film features a complex structure, with a story within a story. In the mid-2000s, an era of fliptop phones, Elsa (Bárbara Lennie) is a struggling indie film-maker now reduced to shooting TV ads; her younger boyfriend Bonifacio (Patrick Criado) is a firefighter and part-time lapdancer whom she met at a club on a hen night when she went backstage to offer him the lead in her upcoming underpants commercial. Elsa has friends who are plagued with problems: Patricia (Victoria Luengo) has to deal with a young son while her husband is away on business trips where he is cheating on her, and Natalia (played by Milena Smit, from Almodóvar’s Parallel Mothers) is profoundly depressed by the loss of her young son. The Impact of Artistic Betrayal But all this is being imagined in the present day by a grey-haired film director called Raúl (Leonardo Sbaraglia), who is working on an autobiographical script of his own called Bitter Christmas; Elsa would appear to be a version of him while his boyfriend Santi (Quim Gutiérrez) is clearly the model for Bonifacio. But the entire action of the film seems to be projected from the complex relationship with his friend and producing partner Mónica (Aitana Sánchez-Gijón), who is leaving him at a difficult time for a three-month sabbatical to be with her friend Elena whose son is desperately ill. The Future of Almodóvar's Filmography What we are perhaps leading to is an epiphany of truth for Raúl as artist and friend. Elsa is not based on him; he, Raúl, is not the centre of things. In fact, Elsa is his friend and ally Mónica, whom he has been taking for granted. That is the real parallel and it is Mónica’s feelings and Mónica’s identity who should be the central inspiration of his script and indeed the central point of his life right now. This is the enlightenment which he arguably approaches when he continues his script past the “The End” of the first draft, as Elsa appears to be coming to terms with her mother’s parting.
#Pedro Almodóvar #Bitter Christmas #Cannes Film Festival
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Entertainment May 20, 2026

Sheep in the Box Review: Kore-eda's AI Fable Falls Short at Cannes

Hirokazu Kore-eda's latest film 'Sheep in the Box' premieres at Cannes to mixed reviews, presenting…
The Lead: A Disappointing Return to FormHirokazu Kore-eda's latest film "Sheep in the Box" has premiered at the Cannes Film Festival to largely negative reviews, with critics describing it as a "bafflingly unsatisfying and unconvincing muddle of ideas and moods." The film, which explores the concept of AI humanoid robot children replacing deceased children, represents a significant departure for the acclaimed director, whose previous works have been celebrated for their emotional depth and nuanced storytelling.The Film: A Futuristic Tale of Grief and Technology"Sheep in the Box" follows Otone (Haruka Ayasi), an architect, and her husband Kensuke (Daigo Yamamoto), a carpenter, who are offered a promotional free offer by a company called REbirth: an ultra-hi-tech humanoid robot replica of their deceased seven-year-old son Kakeru. The robot is designed to have the physical form, speech patterns, and memories of the original child, based on videos, photos, and other research materials provided by the grieving parents.The film presents several intriguing concepts: the robot being taken to the scene of the hit-and-run that killed the original Kakeru in hopes of recovering details about the culprit; the robot serving as a confessor for Kensuke to admit his guilt about his son's death; and a subplot involving other abandoned robot children planning a "replicant revolt." However, these ideas remain largely undeveloped, leaving audiences with more questions than answers.Critical Reception: A Missed OpportunityThe review from The Guardian is particularly scathing, noting that the film "isn't as interesting as films on similar themes including Kogonada's After Yang and Benjamin Cleary's Swan Song." The critic specifically faults Kore-eda's "quietist, un-emphasised style" for being unsuitable to the material, suggesting that the director's typically subtle approach doesn't work with the ambitious sci-fi concepts presented.One of the primary criticisms is the film's tonal inconsistency, attempting to be both a sci-fi dystopia and a relatable story about parental grief, with these two elements ultimately undermining each other. The performances are also noted as problematic, with the robot child being "unpersuasively performed in a returning keynote of bland serenity," while the human parents react with bizarre matter-of-factness to what should be an emotionally charged situation.Impact on Kore-eda's Legacy and AI CinemaThis film represents a significant departure for Hirokazu Kore-eda, whose previous works like "Shoplifters" and "Like Father, Like Son" have been celebrated for their emotional authenticity and humanistic approach. The negative reception of "Sheep in the Box" raises questions about whether the director can successfully transition into more genre-oriented territory while maintaining his signature style.In the broader context of AI cinema, the film joins a growing conversation about artificial intelligence and humanity in film, alongside works like Spike Jonze's "Her" and Alex Garland's "Ex Machina." However, where those films have been praised for their thoughtful exploration of AI ethics and human connection, "Sheep in the Box" appears to have missed the mark, failing to deliver either compelling drama or meaningful commentary on its central themes.Future Outlook: A Setback in an Otherwise Distinguished CareerWhile "Sheep in the Box" may represent a misstep for Kore-eda, it's unlikely to significantly impact the director's otherwise distinguished career. The filmmaker has previously demonstrated remarkable range and depth, and this ambitious if flawed experiment may ultimately be viewed as an interesting if unsuccessful detour rather than a definitive statement on his abilities.For audiences interested in exploring AI and humanity in cinema, the film serves as a cautionary tale about the challenges of blending emotional storytelling with complex technological concepts. As the conversation around AI continues to evolve in both society and art, "Sheep in the Box" may be remembered more for what it attempted than for what it ultimately achieved.
#Sheep in the Box #Hirokazu Kore-eda #Cannes Film Festival
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World Wide May 20, 2026

Who Were the Victims of the San Diego Mosque Shooting?

On May 18, 2026, a gun attack at the Islamic Center of San Diego killed three community members – s…
On May 18, 2026, a gun attack at the Islamic Center of San Diego left three community members dead, including security guard Amin Abdullah, longtime staffer Mansour Kaziha, and neighbor Nader Awad who rushed to help. The incident, investigated as a hate crime, has sparked an outpouring of grief and a renewed debate on protecting places of worship.Victims’ Backgrounds and RolesMansour Kaziha (78) – a Syrian‑born employee who helped build the mosque in the 1980s, ran its gift shop, and prepared meals for Ramadan. He was described by the board chairman as “a cornerstone, a pillar of this masjid.”Nader Awad (57) – a resident across the street who attended daily prayers and, when he heard gunfire, ran into the mosque to assist, even diverting other congregants.Amin Abdullah (51) – the mosque’s security guard, a father of eight, who greeted visitors with “as‑salamu alaikum.” Police chief Scott Wahl called his actions “heroic” and credited him with preventing a larger tragedy.Key Facts and Numbers from the AttackThree victims were killed; two teenage attackers also died from self‑inflicted gunshot wounds.The attack occurred during daylight hours on a Monday, shortly after police were alerted to one attacker’s possible suicidal intent.Social media accounts show Amin Abdullah had roughly 1,800 followers, underscoring his community visibility.Community and Law‑Enforcement ResponseThe mosque’s imam, Taha Hassane, referred to the victims as “martyrs and heroes.” Families held vigils, and local officials classified the incident as a hate crime, prompting calls for stronger security protocols at religious institutions nationwide.Future Outlook for Mosque Security in the U.S.Law‑makers and faith‑based groups are now urging increased funding for security training, surveillance upgrades, and rapid‑response coordination with police. The tragedy underscores the need for proactive measures to protect vulnerable communities and may shape future legislation on hate‑crime prevention.
#San Diego #Islamic Center of San Diego #Amin Abdullah
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