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World Economy Apr 01, 2026

UK Chancellor Reeves convenes supermarket CEOs to tackle looming food price surge amid Middle East‑driven energy crisis

Chancellor Rachel Reeves will meet the heads of Sainsbury’s, Tesco and Morrisons to assess potentia…
The UK’s chancellor, Rachel Reeves, is set to sit down with the chief executives of Sainsbury’s, Tesco and Morrisons on Wednesday. The meeting aims to gauge the scale of possible price hikes and shortages of essential household goods as the nation grapples with a sharp rise in energy, fuel and fertiliser costs triggered by the ongoing Middle East conflict. A Treasury source described the gathering as a "fact‑finding, open discussion" intended to identify any supply squeezes and to forecast the impact on the cost of living over the coming months. Allan Leighton, executive chair of Asda, will not attend but has publicly urged the government to "stand up and start doing stuff" to aid farmers and curb fuel prices, warning that food costs will inevitably climb if the conflict persists. Simon Roberts, chief executive of Sainsbury’s, cautioned that price increases are "unlikely to rise until the summer" thanks to long‑term contracts on energy and fertiliser that currently keep a lid on costs. Nevertheless, UK growers are sounding the alarm. Producers of tomatoes, cucumbers, peppers and aubergines say higher input costs could force them to pull plants from the ground, creating potential gaps on supermarket shelves. Lee Stiles, secretary of the Lea Valley Growers’ Association – the region often dubbed London’s "salad bowl" – is lobbying for indoor food producers to be classified as "energy‑intensive users" alongside steel, chemicals, cement and glass, thereby qualifying for additional support with surging energy bills. Stiles also called on retailers to renegotiate contracts with growers to reflect the cost surge since the Middle East conflict began. He warned that the upcoming increase in standing charges on 1 April – a fixed daily fee for accessing the gas and electricity network – will further strain producers’ margins. "Growers have already invested in plants and labour for three to four months," Stiles said. "When you do the maths, the numbers don’t add up. They would lose less money by sending workers home, pulling the plants out and turning off the boiler." If domestic growers cut the season short, European glasshouses, which normally supply the UK’s salad market at this time of year, may struggle to fill the void, risking a repeat of the fresh‑produce shortages experienced in early 2023. The British Poultry Council (BPC) echoed these concerns, highlighting pressures on supplies of oil, gas, fertiliser and essential feed components. "These factors are creating sustained upward pressure on the cost of poultry production," the BPC warned, adding that while some cost increases may be absorbed, others will inevitably be passed on to consumers. Richard Griffiths, BPC chief executive, noted that while many farmers have long‑term energy deals, costs such as diesel are rising rapidly, and there are fears that vital medicines could become unavailable at any price. In response, the government has announced a £117 cut to household energy bills, an increase to the legal minimum wage, and the launch of a £1 billion "crisis and resilience" fund aimed at helping vulnerable households with expenses such as heating oil.
#tesco #morrisons #asda
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Sports Apr 01, 2026

USMNT Suffers 2-0 Loss to Portugal in World Cup Warm-Up

The US men's national team lost 2-0 to Portugal in a friendly match, extending their losing streak …
The US men's national team concluded their international window with a disappointing 2-0 loss to Portugal at Mercedes-Benz Stadium. The match marked their eighth consecutive defeat against European opponents, with a dismal goal difference of 22-6. Coach Mauricio Pochettino made several changes to the lineup from the previous match against Belgium, but the team's performance failed to improve. Despite a strong start, the US side eventually succumbed to goals from Francisco Trincão and João Félix. Christian Pulisic, a key player for the US, struggled with form and frustration throughout the match. He missed several scoring opportunities, including a low, poorly-struck effort in the sixth minute and a volleyed attempt from the edge of the six-yard box. His frustrations boiled over in the 41st minute, earning him a warning from the referee, and he was eventually subbed off at halftime. The loss to Portugal, ranked sixth in FIFA's world rankings, raises concerns for the US team as they prepare for the World Cup on home soil in two months. The team's inability to score against a top European side highlights their ongoing struggles with clinical finishing. The match also exposed vulnerabilities in the US team's defense, particularly in the midfield area. The absence of Tyler Adams, a vital defensive midfielder, was keenly felt as Portugal exploited the space and created scoring opportunities. Despite the disappointing result, Pochettino will likely use this match as a learning experience for his team. The US side will need to regroup and refocus as they prepare for the World Cup, where they will face stiff competition from top teams around the world.
#USMNT #Portugal #Christian Pulisic
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Business Apr 01, 2026

UK Hospitality Sector Faces Mass Job Cuts and Closures Amid Soaring Costs

Two-thirds of UK hospitality businesses plan to cut jobs and one in seven will close due to increas…
The UK hospitality sector is bracing for significant job cuts and business closures as cost increases from new business rates and higher wage bills come into effect. An industry-wide survey of 20,000 hospitality businesses found that 64% of firms plan to cut jobs, 42% intend to reduce trading hours, and one in seven will be forced to close.The increased costs are attributed to changes announced by Chancellor Rachel Reeves at the November budget, including increases to the national living wage and national minimum wage, which are expected to result in an extra £1.4bn in costs for the sector. Additionally, changes to business rates will see the average hotel in England facing an increase of £28,900 more this year (up 30%), while the average restaurant can expect a 15% increase worth £1,800.The trade bodies, including UKHospitality and the British Beer and Pub Association, have warned that the conflict in the Middle East will accelerate the impact of rising wage and tax costs, with energy bills expected to rise steeply. The economic shock wave caused by the war in the Middle East has pushed economic confidence to an all-time low, according to new figures from the Institute of Directors (IoD).The IoD's Economic Confidence Index fell to its lowest ever score of -76 in March, with business directors citing labour bills, supply chain inflation, and energy as the biggest drivers of cost increases over the next 12 months. The thinktank estimates that UK companies invest the equivalent of 11.1% of GDP, well behind countries such as Japan at 18.2%, and European nations including France, at 12.7%, and Germany, at 12%.
#UK hospitality #business rates #minimum wage
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Sports Apr 01, 2026

Turkey and Sweden Secure 2026 World Cup Berths as Kosovo and Poland Miss Playoff Finals

Turkey ended a 24‑year drought and Sweden clinched a spot in the 2026 FIFA World Cup after dramatic…
Turkey broke a 24‑year absence from the FIFA World Cup by defeating Kosovo 1‑0 in the playoff final held in Pristina. The decisive goal came from forward Kerem Akturkoglu in the 53rd minute, delivering the Turkish side, ranked 25th globally, a long‑awaited return to football’s premier tournament.The match unfolded before a sold‑out crowd eager to witness Kosovo, ranked 79th, potentially make its first major‑tournament appearance less than a decade after joining FIFA and UEFA. Despite the home advantage, the hosts fell short, ending a remarkable qualifying run.Turkey’s success arrived under the guidance of coach Vincenzo Montella, who blended emerging talents with seasoned internationals to overcome the pressure of two decades of missed qualifications.In the parallel European playoff, Sweden edged Poland 3‑2 to claim their own World Cup ticket. Viktor Gyokeres secured the victory with a late winner two minutes from full‑time, after a seesaw battle that saw Anthony Elanga open the scoring, Nicola Zalewski equalise, and Gustaf Lagerbielke restore Sweden’s lead in the 44th minute.Poland briefly levelled the contest after the break through Karol Swiderski, but Gyokeres capitalised on a chaotic scramble in the box to clinch the win.Sweden’s triumph places them in Group F for the 2026 World Cup alongside the Netherlands, Japan and Tunisia, marking the nation’s first tournament appearance since 2018.
#Turkey national football team #Sweden national football team #2026 FIFA World Cup
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Politics Apr 01, 2026

Iranian Foreign Minister Confirms Direct Contact with US Envoy Witkoff, Denies Ongoing Negotiations Amid War

Iran’s foreign minister Abbas Araghchi acknowledged receiving messages from US special envoy Steve …
Iranian Foreign Minister Abbas Araghchi told Al Jazeera that Tehran has been exchanging messages with the United States, either directly or via regional partners, as the US‑Israel war on Iran continues. He emphasized that these contacts do not constitute formal negotiations. "I receive messages from US special envoy Steve Witkoff directly, as before, and this does not mean that we are in negotiations," Araghchi said. He added that all communications are routed through the Foreign Ministry or security agencies, and there is no truth to claims of active talks with any US party. Reflecting on past diplomatic experience, Araghchi recalled a previous agreement—referring to the 2015 Joint Comprehensive Plan of Action (JCPOA)—that the United States later abandoned. "We do not have any faith that negotiations with the US will yield results; the trust level is at zero," he asserted. President Masoud Pezeshkian echoed the skepticism, stating that the US "does not believe in diplomacy" after Iran was attacked twice during prior negotiations. In a phone call with European Council President Antonio Costa, Pezeshkian said Iran possesses the "necessary will" to end the war, but insists on guarantees to prevent further aggression. US Defence Secretary Pete Hegseth countered, saying Washington aims to secure a deal that would end the conflict and reopen the Strait of Hormuz, yet remains prepared to "negotiate with bombs" if needed. Addressing the strategic waterway, Araghchi noted that the strait lies within Oman’s and Iran’s territorial waters and can be used strategically. "Only for the ships of those who are at war with us, this strait is closed. That is normal during war," he explained, adding that some nations avoid the route due to security concerns and high insurance costs, while others have negotiated access. He warned that any post‑war arrangement for the strait will be decided jointly by Oman and Iran, with the potential to transform it into a "peaceful waterway." Regarding rumors of a possible US ground operation, Araghchi said Tehran is unafraid: "We are waiting for them. I don’t think they’d dare to do such a thing. There will be a lot of strength waiting for them." He affirmed Iran’s readiness to repel any ground attack. The foreign minister clarified that Iran has neither responded to nor submitted any counter‑proposals to the US 15‑point plan aimed at ending the war. The proposal, according to earlier reports, calls for Iran to renounce the acquisition of nuclear weapons and to limit its missile stockpile in range and quantity. Araghchi concluded that Iran will only accept an end to all attacks in the region, not merely a ceasefire, underscoring the country's firm stance amid ongoing hostilities.
#Abbas Araghchi #Steve Witkoff #Strait of Hormuz
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News Mar 31, 2026

Ukrainian Drone Strikes Cripple Russia's Ust‑Luga Oil Hub as EU Diplomats Arrive in Kyiv

Ukrainian drones have hit Russia's Baltic port of Ust‑Luga five times in ten days, halting a sizabl…
Ukrainian unmanned aircraft have targeted the Russian Baltic port of Ust‑Luga for the fifth time within a ten‑day span, intensifying Kyiv's campaign against Russia's oil‑export infrastructure. Regional governor Alexander Drozdenko reported that three individuals, two of them children, received medical care after the latest overnight raid, and several structures sustained damage. He added that regional air‑raid alerts have since been lifted, though details on port damage remain scarce. Located on the southeastern coast of the Gulf of Finland, Ust‑Luga comprises an extensive network of oil‑processing plants and export terminals. The facility moved 32.9 million metric tonnes of oil products in the previous year and typically handles around 700,000 barrels of crude oil per day. The series of strikes on March 22, 25, 27, 29 and 31 forced temporary suspensions of export operations. According to market‑based calculations, the cumulative effect of drone attacks, a contested pipeline strike and the seizure of tankers has halted roughly 40 % of Russia's oil export capacity. The disruption has contributed to a surge in global oil prices, with Brent crude climbing above $116 a barrel – its highest level in nearly two weeks amid escalating conflicts involving the United States, Israel and Iran. While Kyiv continues to press its aerial campaign, the European Union dispatched senior diplomats, including top envoy Kaja Kallas, to the Ukrainian capital. Their visit, timed with the fourth anniversary of the Bucha massacre, underscored EU commitment to holding Russia accountable for alleged war crimes. Kallas posted on X, describing Bucha as a symbol of Russian brutality, and affirmed that the EU will not allow such atrocities to go unpunished. Ukrainian Foreign Minister Andrii Sybiha echoed the message, urging international partners to keep their focus on Ukraine despite the widening war in the Middle East. Financially, the EU’s planned €90 billion loan for Ukraine has been stalled by Hungarian Prime Minister Viktor Orban, who objects to Russia's oil transit through the Druzhba pipeline and is also impeding Ukraine's EU accession talks. In parallel, Kyiv announced that its air‑defence forces intercepted 267 of 289 Russian drones launched overnight, while Russian officials claimed control of the village of Mala Korchakivka in the Sumy region. The convergence of intensified drone attacks on Russian oil assets, soaring energy prices, and high‑level EU diplomatic activity highlights the expanding geopolitical ripple effects of the Ukraine conflict across Europe and the broader Middle‑East theater.
#russia #ukraine #drones
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Politics Mar 31, 2026

Hundreds Protest in West Bank Against Israeli Death Penalty for Palestinians

Hundreds of Palestinians protested across the West Bank against Israel's new law approving the deat…
Hundreds of Palestinians took to the streets across the occupied West Bank on Tuesday to voice their opposition to a newly passed Israeli law that allows for the death penalty against Palestinians convicted of deadly attacks. The demonstrations, which were staged in several cities including Ramallah, Tubas, Nablus, Jenin, and Hebron, were organized by prisoner advocacy groups. The protests drew a broad crowd, including families of prisoners, senior members of the Fatah party, civil society organizations, trade unions, and women's groups. More than 9,500 Palestinians are currently held in Israeli prisons, including 350 children and 73 women, with many facing torture, starvation, and medical neglect, leading to dozens of deaths. Israel's Knesset passed the death penalty legislation on Monday evening in a 62-48 vote, with Israeli Prime Minister Benjamin Netanyahu voting in support of the law. The law allows for executions to be carried out by hanging by prison guards appointed by the Israeli Prison Service, with those involved having anonymity and legal immunity. Human rights organizations and Palestinian officials have denounced the law as discriminatory and in breach of international law, as it does not apply equally to Israeli convicts. Amnesty International has called on Israeli authorities to repeal the law, describing it as "a public display of cruelty, discrimination and utter contempt for human rights". The European Union and several countries, including Germany, have also expressed concern over the passage of the legislation, with Germany stating it could "not endorse" the new law and the EU calling on Israel to abide by its previous principled position and obligations under international law.
#Israel #West Bank #Knesset
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News Mar 31, 2026

Trump Considers Shifting Iran War Costs to Arab Allies, Reviving Gulf‑War Funding Playbook

White House officials say President Trump is exploring a plan to ask Arab nations to finance the U.…
President Donald Trump is reportedly weighing a request for Arab countries to fund the U.S.–Israel war on Iran, White House spokesperson Karoline Leavitt told reporters on Monday. Leavitt said the president is "quite interested" in calling on regional partners to share the expense.The idea mirrors the financing arrangement of the 1990‑91 Gulf War, when a coalition of Arab and Western nations covered roughly 88% of the $61 billion cost, leaving the United States to foot only about 12%.Trump also hinted that, even if the Strait of Hormuz remains closed, other export‑dependent partners should manage the crisis. The strait carries about 20% of the world’s oil and LNG shipments; its shutdown has pushed Brent crude to **$116 per barrel**, up from pre‑war levels near **$65**.Iran, meanwhile, has demanded that the United States pay reparations to Iranian victims as a precondition for any cease‑fire.So far, there is no clear commitment from Gulf Cooperation Council (GCC) members—countries that have themselves been hit by Iranian strikes—to finance the conflict. Analysts estimate the total bill could run into tens of billions of dollars, though exact figures remain uncertain.Experts note a shift in regional attitudes: GCC states opposed the war before it began and continue to call for diplomacy, according to Zeidon Alkinani of the Arab Perspectives Institute. He added that Israel appears to be the primary driver pushing the United States into the confrontation.History shows the United States has repeatedly sought external funding for wars it leads. During the Gulf War, Saudi Arabia contributed $16.8 billion (27% of total costs) and Kuwait $16 billion (26%). Japan, Germany, the UAE and South Korea also supplied sizable sums.Post‑World War II, the U.S. administered the Marshall Plan, providing over $13 billion to rebuild Europe, while Germany and Japan paid reparations and later funded the upkeep of U.S. bases—about $1 billion annually each.In the ongoing Ukraine war, the United States once delivered the largest aid package—€114.64 billion (≈$134 billion) by mid‑2025. Since Trump returned to office in 2025, he has withdrawn **99% of U.S. support**, shifting the financial load to European allies and turning the U.S. into a major arms supplier, with weapons sales reaching a record **$318.7 billion in 2024**. Recent deals, such as a $10 billion weapons package for Ukraine financed by European partners, illustrate this new model.These precedents underscore a pattern: when U.S. leadership faces costly overseas engagements, it often looks to allies—especially those with strategic interests—to share or assume the fiscal burden.
#war #ukraine #germany
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Sports Mar 31, 2026

Bosnia clinches 2026 World Cup berth as Italy endures third straight playoff heartbreak

Italy missed the 2026 World Cup for the third consecutive time, losing to Bosnia and Herzegovina on…
Italy’s World Cup hopes were extinguished on March 31, 2026, when Bosnia and Herzegovina won the playoff final on penalties, marking the Azzurri’s third successive failure to qualify for the tournament. The defeat follows two recent setbacks – a surprise loss to North Macedonia in 2022 and a two‑legged defeat by Sweden in 2021 – underscoring a growing crisis for a nation that once celebrated four World Cup triumphs. In a dramatic encounter in Sarajevo, Moise Kean opened the scoring in the 60th minute, giving Italy an early lead. However, the advantage was short‑lived; a red card for Alessandro Bastoni just before halftime reduced Italy to ten men, and Haris Tabaković equalised in the 79th minute. The match proceeded to extra time, where both sides failed to find a winner, setting the stage for a penalty shootout. During the shootout, Bosnia displayed composure, converting four of four penalties. Italy faltered, with Francesco Esposito blasting over the bar and Bryan Cristante striking the cross‑bar, handing the hosts a 4‑2 shootout victory and a place at this summer’s World Cup. Post‑match, Italy manager Gennaro Gattuso described the result as “difficult to digest” and issued a personal apology, acknowledging that the Azzurri are now “the only former champion not to qualify for this edition.” Beyond the scoreline, the game highlighted Italy’s tactical vulnerabilities: early nervousness, a loss of midfield control after Bastoni’s dismissal, and an inability to capitalize on chances despite a dominant possession spell. Bosnia, meanwhile, showed resilience, maintaining pressure throughout and ultimately rewarding it in the decisive shootout. The outcome reshapes the European qualification landscape. Bosnia and Herzegovina secure their first World Cup appearance since 2014, while Italy faces renewed scrutiny over its footballing direction, with calls for structural reforms echoing the fallout from their 2018 “apocalypse” miss.
#italy #but #his
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