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World Economy Mar 28, 2026

Philippine transport workers rally over soaring fuel costs as President Marcos declares national energy emergency

Transport operators across the Philippines staged a two‑day strike demanding price controls as fuel…
Jeepney driver Arturo Modelo of Manila says his daily earnings have collapsed to roughly one‑third of the usual 600 pesos after fuel costs surged, leaving him unable even to afford his child’s lunch money.Modelo joined a two‑day transport strike on Thursday and Friday, hoping to make a “deaf government” listen to the plight of drivers who can no longer earn a living on the road.The iconic jeepney, born from repurposed U.S. military vehicles after World War II, remains the most affordable commuter option in the Philippines, yet its operators are now bearing the brunt of a global oil shock.Last week, jeepney owners walked out, and this week the protest expanded to include bus, taxi, minibus and motorcycle‑taxi drivers. Nearly a dozen national transport groups marched to the Presidential Palace demanding price caps on petrol and diesel, the removal of fuel taxes, and stricter regulation of the oil sector.Organised under the No to Oil Price Hike Coalition, the demonstrators also blamed “American aggression” against Iran for the domestic economic distress, with union chair Jerome Adonis likening the impact to “a bomb dropped on us”.In response, President Ferdinand Marcos Jr declared a national energy emergency on Tuesday night – the first such declaration in the country’s history. The emergency, set to last one year, grants the government powers to accelerate fuel procurement, curb hoarding and curb profiteering.Fuel prices remain among the highest in Southeast Asia: diesel is now about $2.3 per litre and petrol close to $2 per litre in the Philippines, versus $2.7 and $2.35 respectively in Singapore, while Malaysia, Vietnam and Thailand report roughly half those prices.To alleviate the burden, the administration has introduced a 5,000‑peso ($83) subsidy for motorcycle‑taxi drivers and other public‑transport workers, and disbursed 2.5 billion pesos (≈$414 million) in fuel subsidies to roughly 300,000 transport employees. Unions claim the sector employs about two million people, leaving many without aid.During the strike, picket lines appeared at 85 commuter terminals, and jeepneys were scarce on Manila’s usually congested streets. Authorities, however, argued that the action did not cripple the city’s transport network.Union leader Mody Floranda of the Piston group accused President Marcos of favouring oil companies, saying the president could issue an executive order to cap prices but has yet to act decisively.Energy officials note that 98 % of the Philippines’ crude oil is imported and that the country’s high 12 % value‑added tax, excise duties and a deregulated market – shaped by the Oil Industry Deregulation Law of 1998 – amplify price volatility. Professor Krista Yu of De La Salle University highlighted the nation’s limited refining capacity as a structural weakness.Chief economist Emmanuel Leyco warned that the law allowing industry‑driven price adjustments “is the main culprit”, especially as “half the population is poor”.Amid mounting pressure, Marcos signed legislation permitting the temporary suspension of fuel excise taxes when crude oil prices exceed a set threshold. Opposition lawmaker Renee Co urged that the 12 % VAT also be removed, calling both taxes “regressive” burdens on ordinary Filipinos.Co and other lawmakers have also filed a resolution demanding an immediate end to the U.S.‑Israel‑Iran conflict, linking regional geopolitics to the domestic fuel crisis.
#fuel #transport #oil
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Politics Mar 28, 2026

Tehran Missile Strike Sparks Urgent Rescue Efforts in South Tehran

A missile strike in south Tehran has prompted a rapid response from rescue workers to save lives an…
A devastating missile strike hit south Tehran, prompting an immediate and intense rescue effort. Emergency responders rushed to the scene to provide aid and assess the damage caused by the attack. The incident has raised concerns about the security situation in the region and the potential for further escalation. Details about the strike, including the number of casualties and the extent of the damage, are still emerging. Rescue workers are on the ground, working tirelessly to search for survivors and provide medical assistance to those affected. The situation remains fluid, with authorities likely to provide more information as it becomes available.
#Iran #Tehran #IRGC
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Politics Mar 28, 2026

Lebanon on Brink of Humanitarian Crisis as Israeli Attacks Displace Millions

The ongoing Israeli attacks on Lebanon have displaced nearly a quarter of the country's population,…
The Israeli attacks on Lebanon have pushed the country's population to the brink of a humanitarian crisis, with millions of civilians suffering and nearly a quarter of the population displaced. The conflict, which began four weeks into the US-Israeli war on Iran, has resulted in 1,094 deaths and 3,119 injuries in Lebanon, according to the country's Ministry of Public Health.The displaced are extremely frustrated and fatigued, with many feeling the pressure of deadly Israeli attacks, increasing petrol prices, and a general slowdown in business. The crisis has hit the most vulnerable populations, including migrant workers, Syrians, and those with chronic diseases.The humanitarian situation is dire, with women, children, and those with psychological issues suffering the most. The mass evacuation orders have resulted in a massive displacement crisis, with at least 1.2 million people displaced, according to the Lebanese government. The crisis has also had a significant impact on the country's healthcare system, with many women displaced from their healthcare networks.The never-ending trauma of the conflict has also taken a toll on the mental health of the population, with three in five people in Lebanon screening positive for depression, anxiety, or PTSD. The National Lifeline in Lebanon (1564) for Emotional Support and Suicide Prevention Hotline has seen a substantial increase in calls, with almost 50 calls a day, up from 30 a day during the 2024 Israeli attacks.
#Lebanon #Israel #United Nations
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World Economy Mar 28, 2026

Investors Bet on Trump's Iran Policy Reversals: The TACO Trade

The ongoing conflict between the US, Israel, and Iran has led to a phenomenon known as the TACO tra…
The conflict between the US, Israel, and Iran has entered its fourth week, with the Strait of Hormuz remaining effectively closed. This has led to a broadening of the global energy crisis, with the economic outlook darkening across Asia, Europe, and beyond.Japan has responded by releasing 80 million barrels of oil from its national reserves, enough to last for 45 days. The country's reliance on Middle Eastern crude oil imports stands at 90 percent.The Organisation for Economic Co-operation and Development (OECD) has warned that the conflict will have a significant impact on the UK economy, predicting inflation of 4 percent this year. UK Foreign Secretary Yvette Cooper has stated that Iran cannot be allowed to hold the global economy hostage.The uncertainty surrounding Trump's policy on Iran has led to the emergence of the TACO trade, an acronym that stands for Trump Always Chickens Out. This phenomenon refers to investors betting that the US president will back down from his threats, resulting in profits for those who bought in.Observers note that Trump's inconsistent messaging has created an opportunity for investors to bet on his policy reversals. For example, Trump extended his deadline for Iran to reopen the Strait of Hormuz from 48 hours to five days, and later promised to hold off from attacks on Iran's energy facilities for an additional 10 days. This type of about-face has opened the door to investors willing to bet that the US president will back down.Lena Komileva, chief economist at consultancy firm (g+)economics, notes that global markets have been less inclined to rebound after Trump's Iran-related policy reversals compared to similar shifts in response to his tariff policies. This is due to the complexity of the conflict and the unique objectives of the parties involved.
#trump #iran #list
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Politics Mar 28, 2026

El Salvador's Emergency Decree Leaves Thousands of Children Orphaned

El Salvador's emergency decree has resulted in thousands of children being left without parents, sp…
El Salvador's emergency decree, implemented to combat gang violence, has had a devastating impact on the country's most vulnerable population: its children. Thousands of minors have been left without parents due to the aggressive measures taken by the government. The decree, which grants the military and police sweeping powers to detain and prosecute suspected gang members, has led to widespread arrests and alleged human rights abuses. Many of those detained have been parents, leaving their children without caregivers. Human rights organizations have expressed deep concern about the welfare of these orphaned children, warning of a potential humanitarian crisis in the making. The situation highlights the need for a balanced approach to addressing gang violence while protecting the rights and well-being of all citizens, especially the most vulnerable.
#El Salvador #Nayib Bukele #Emergency Decree
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Politics Mar 28, 2026

Search Underway for Missing Aid Boats Bound for Cuba

A humanitarian aid convoy from Mexico to Cuba has gone missing with two sailboats and nine people o…
Mexico's Navy and the United States Coast Guard are conducting a search for two missing sailboats that were part of a humanitarian convoy to Cuba. The vessels, which departed from Isla Mujeres in Mexico on March 20, were expected to arrive in Cuba on Tuesday or Wednesday of this week. Nine people were on board the two sailboats, which were organised by the Nuesta America Convoy. The convoy has accused the US government of 'strangling' Cuba by cutting off fuel, flights, and critical supplies for survival. Cuban President Miguel Diaz-Canel expressed anxiety about the fate of the boats, stating that Cuba is doing everything possible to search for and rescue those on board. The US Coast Guard initially reported that the boats had been located, but later retracted the statement. Search efforts are currently being led by Cuba and Mexico, but the US Coast Guard has stated that it is prepared to provide support if requested. The convoy comes in response to worsening humanitarian conditions in Cuba, which has largely been cut off from foreign oil supplies since January. The US has imposed an oil blockade on Cuba, which has led to a humanitarian crisis on the island. The blockade was tightened by the Trump administration, which has signalled its desire for regime change in Cuba. Mexico and other countries have increased their humanitarian aid to Cuba amid the crisis, with Mexican President Claudia Sheinbaum sending ships laden with supplies. The Nuestra America Convoy initially sent several ships to Cuba last Friday, with one arriving safely in Havana on Tuesday with 14 tonnes of food and medicine.
#Mexico #Cuba #US Coast Guard
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Technology Mar 28, 2026

Australian GPs Embrace AI Scribes for Patient Notes, Raising Concerns Over Care and Consent

The use of AI scribes by Australian GPs has nearly doubled in a year, with 40% now using the techno…
Australian GPs are increasingly turning to AI scribes to record patient notes, with 40% now using the technology, according to a Royal Australian College of GPs (RACGP) online poll. This represents a significant increase from 22% in August 2024.AI tools, such as those offered by Australian company Heidi, record, transcribe, and summarize conversations between doctors and patients for medical notes. Dr. Max Mollenkopf, a GP based in Newcastle, emphasizes the importance of transparency with patients, stating, “We make a big effort to let patients know we are using AI, and give them the option to opt out.”While AI scribes can help relieve doctors' administrative burden, experts point to concerns about consent, privacy, and accuracy. Dr. Elizabeth Deveny, chief executive of the Consumer Health Forum, notes that not all practices are having explicit conversations about the tools with patients.Some GPs see AI scribes as a way to better connect with patients during consultations, allowing them to focus on the patient directly rather than typing notes. However, Dr. Caitlin Curtis, a University of Queensland researcher, warns that outsourcing note-keeping to AI may lead to doctors failing to retain and recall patient conversations.The RACGP president, Dr. Michael Wright, is optimistic about AI tools helping patients and GPs work more closely together, but emphasizes the need for patient consent and verification of AI output. Heidi co-founder Dr. Tom Kelly assures that data is processed securely and not used to train the AI or sold to others.
#says #patients #but
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Tv And Radio Mar 28, 2026

HBO Max's Portobello Falls Flat: A Dull Dive into Mafia Allegations and a Mind-Controlled Parrot

The HBO Max series Portobello tells the true story of Enzo Tortora, an Italian TV host falsely accu…
The new HBO Max series Portobello had all the makings of a gripping drama: a charismatic TV host, a mind-controlled parrot, and allegations of mafia involvement. However, the show's pacing and tone leave much to be desired.Based on the true story of Enzo Tortora, the former host of Italy's top TV show, Portobello explores the intersection of celebrity, politics, and organized crime. The series' setting in the 1980s and its themes of false accusations and the power of the media are certainly relevant today.Despite its potential, the show's execution is wildly dull. The 72-minute first episode feels like a slog, and the period-authentic aesthetic, while well-intentioned, doesn't quite make up for the lack of tension or excitement. Even the bizarre subplot involving a mind-controlled parrot and its owner's obsession with Tortora can't seem to elevate the show's overall pace.The show's portrayal of the justice system is also noteworthy, highlighting the Kafkaesque experience faced by Tortora as he navigates the complexities of the law. However, this powerful theme is often overshadowed by the show's meandering pace and lack of dramatic tension.Ultimately, Portobello feels like a missed opportunity to create a compelling drama about a fascinating true story. While it may appeal to fans of character-driven dramas or those interested in Italian culture, others may find themselves checking their watches.
#tortora #portobello #show
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World Mar 28, 2026

Gulf States Warn of Escalating Threat from Iran-Backed Militias

Gulf countries have raised concerns over the growing threat from Iran-backed militias and proxy arm…
Gulf countries are increasingly concerned about the threat posed by Iran-backed militias and proxy armed groups in the region. These groups, which include Hezbollah in Lebanon and the Houthis in Yemen, have been used by Iran as a pillar of its foreign and security policy for decades.In a joint statement, Qatar, Kuwait, the UAE, Bahrain, Saudi Arabia, and Jordan condemned Iranian attacks on their soil, both as strikes carried out directly from Iran and “through their proxies and armed factions they support in the region”. The statement also called on the Iraqi government to take measures to halt attacks launched by factions, militias, and armed groups from Iraqi territory.Kuwait recently foiled a plot to kill state leaders and arrested six suspects believed to be associated with Hezbollah. The Houthis also confirmed they had launched a missile strike on Israel, the first time the proxy group have admitted involvement in the war in the Middle East.The threat of these groups is seen as particularly worrying for countries such as Saudi Arabia and Bahrain, which have a history of Iran-backed militia carrying out violent attacks. Analysts warn that the presence and danger of Iranian proxy groups in the Gulf had not reached levels anything close to those during the Iran-Iraq war in the 1980s, but the threat remains greater the longer the conflict with Iran drags on.Bilal Saab, a senior managing director of the Trends US thinktank, said: “If this war escalates, the worst-case scenario for the Gulf countries is Iran activating their sleeper cells and these Shia militia movements in the region. We could see a whole lot more if things really escalate.”
#iran #hezbollah #houthis
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