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Business Apr 12, 2026

Luxury Matchboxes Ignite UK Home‑Accessory Market, Prices Soar to £235 Amid Cost‑of‑Living Pressures

UK retailers report a sharp rise in sales of designer matchboxes, with Selfridges seeing a 121% yea…
Designer matchboxes have transformed from a utilitarian item into a coveted home‑accessory, with luxury retailers showcasing collections that command prices up to £235.Selfridges, the high‑end department store chain, says sales of premium matchboxes have jumped 121% year‑on‑year. To meet the surge, the retailer has more than doubled its assortment, now offering over 100 styles priced between £5 and £230, and touts the product as “the must‑have home accessory for 2026”.At the top of the range sits a three‑piece set designed by Cartier, featuring panther‑embellished paper and card tubes that hold 80 matches each and retail for £235.Independent designer Jo Laing, known for ceramic‑topped matchboxes, reports a 60% increase in sales year‑on‑year. Her limited‑edition, reusable boxes now appear in Harrods and are priced at £70, with stock frequently selling out.The matchbox emerged in the late 1800s as a novel advertising canvas, evolving into an unexpected art form that displayed everything from political slogans to commercial branding.While opulent versions in silver, gold and ceramics faded after smoking bans, the recent revival shows the item’s shift from pure function to decorative status.Market analysts suggest the craze reflects tighter household budgets. Consumers, unable to justify expensive candles or décor, are opting for “little treats” that provide a touch of luxury without breaking the bank.Bia Bezamat, cultural insights director at Kantar, notes: “There’s a sustained trend for ‘little treats’ … it’s a response to cost‑of‑living pressures: people want small, affordable pockets of joy to brighten their day.”Claire Dickinson, senior strategist at WGSN Interiors, describes the phenomenon as “the homeware equivalent of the lipstick effect”, where shoppers replace high‑priced luxuries with more modest, yet still indulgent, items. She adds that these matchboxes embody the rise of “beautilities” – practical objects designed to be seen and enjoyed.Henrietta Klug, head of home at Selfridges, says the once‑functional matchbox is “re‑emerging as an object of desire”, now featured on the tables of London’s trend‑setting bars and restaurants.Five of the most expensive matchboxesDebonnaire silver matchbox – £843Diabolo de Cartier graphic‑print matchboxes (set of three) – £225Panthère de Cartier graphic‑print matchboxes (set of three) – £235Jo Laing ceramic moon matchbox – £70Refill for L’Objet matchbox – £25
#Selfridges #UK home accessory market #luxury matchboxes
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Sport Apr 12, 2026

Gout Gout Shatters 200m National Record with Blistering 19.67sec at Australian Championships

Teenage sprint sensation Gout Gout has broken his own 200m national record with a stunning 19.67sec…
Gout Gout, the 18-year-old sprint phenomenon, has made history by smashing his own national 200m record with a remarkable time of 19.67sec at the Australian Athletics Championships in Sydney. This achievement marks him as the first Australian to break the 20-second barrier in legal conditions.Previously, Gout held the national record with a time of 20.02sec and had run a wind-assisted 19.84sec (+2.2m/s) at the same championships last year. However, his recent performance has eclipsed both previous records, showcasing his exceptional speed and endurance.Gout's victory was closely contested, with Aidan Murphy pushing him deeply into the straight, finishing with a commendable 19.88sec and a tailwind of +1.7m/s. This performance by Murphy is notable as it ranks as the second-best 200m time by an Australian.The event saw a significant moment as Lachlan Kennedy, the 100m champion, withdrew from the 200m event on Sunday morning. Kennedy's absence meant that fans missed a highly anticipated rematch between him and Gout Gout, which was expected to be a highlight of the championships.Gout's achievement is all the more impressive considering he finished school at the end of last year to focus full-time on training. His dedication appears to be paying off, as he mentioned, “I definitely think the training’s been working, and the training’s been proving to me that I can run fast.”This record-breaking performance has catapulted Gout into the top 20 fastest 200m runners of all time, demonstrating his potential for future international competitions.
#gout #kennedy #his
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Politics Apr 12, 2026

Iran's Ceasefire Brings Temporary Relief, But Economic Outlook Remains Bleak

A ceasefire between Iran, the US, and Israel has brought temporary relief to Iranians, with more pe…
Iran's economy is struggling to recover from a lethal mix of local mismanagement, corruption, sanctions, and two major wars in less than a year. The ceasefire announced overnight into Wednesday has brought some relief, with more people returning to work and shops reopening in Tehran's Grand Bazaar.However, sales remain slow compared to before the war, and merchants are facing significant challenges, including 20-30 percent price increases for products due to inflation. The near-total internet shutdown imposed since the start of the war on February 28 has caused countless income streams to be wiped out for families trying to survive.The government has promised to provide support to digital businesses, but it is unclear how they will operate while their customers remain offline. Lay-offs are widespread, with technology firms only signing contracts spanning several months, major carmakers laying off thousands of workers, and numerous journalists being let go by state-run and private sector media outlets.The situation for the embattled Iranian economy could still get worse, as the deepening impact of attacks against civilian infrastructure will likely become more apparent over the coming weeks and months. Iran's top steel factories, petrochemical manufacturers, aluminium producers, airports, and civilian aircraft have been bombed and put out of commission by the US and Israel.It would take Iran years to rebuild even if the war ended today, and that is while the country faced a huge budget crunch even before the war, and still has no prospects of lifting the harsh sanctions imposed by the US and the United Nations over its nuclear programme in order to boost foreign investments.
#Iran #United States #Israel
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Politics Apr 11, 2026

32‑Hour Orthodox Easter Ceasefire Takes Effect as Russia and Ukraine Swap 175 Prisoners

A 32‑hour ceasefire coinciding with Orthodox Easter began on Saturday, with both Moscow and Kyiv pl…
A temporary 32‑hour ceasefire between Russia and Ukraine started at 4:00 p.m. local time (13:00 GMT) on Saturday and will run until midnight on Sunday, according to the Kremlin. President Volodymyr Zelenskyy affirmed Kyiv’s commitment to honor the pause provided Moscow does the same. President Vladimir Putin ordered the ceasefire to align with Orthodox Easter celebrations, more than a week after Zelenskyy first proposed the truce. Both sides have publicly confirmed their intention to observe it. Zelenskyy posted on social media that Ukraine will “adhere to the ceasefire and respond strictly in kind. The absence of Russian strikes in the air, on land, and at sea will mean no response from our side.” The Ukrainian army added it stands ready to react immediately if the truce is breached. Hours before the truce began, Russian forces launched at least 160 drones against Ukrainian targets, killing four civilians in the east and south and wounding dozens. The southern Odesa region suffered two fatalities and damage to civilian infrastructure. In the Russian‑occupied parts of Donetsk and Kherson, Ukrainian drone attacks killed four people, according to officials installed by Moscow. Public confidence in the ceasefire remains low. Last year’s Easter pause saw numerous accusations of violations from both sides, and similar doubts persist this time. Despite the tension, the warring parties completed a reciprocal exchange of 175 prisoners of war each on Saturday. The United Arab Emirates facilitated the swap, as confirmed by the Russian Ministry of Defence. Prisoner exchanges have become one of the few tangible outcomes of the stalled U.S.-brokered peace talks, which continue to falter over territorial issues. Ukraine has reiterated its proposal to freeze the conflict along the current front lines, a suggestion Russia rejected, insisting Kyiv relinquish all territory it holds in the Donetsk region—an offer Kyiv deems unacceptable. Kremlin spokesman Dmitry Peskov noted that Russia did not discuss the Easter proposal with the United States in advance and did not signal an immediate revival of the three‑way peace negotiations. Fighting on the front has largely stalled. While Russia has achieved modest territorial gains at a high cost, Ukrainian forces have recently pushed back in the southeast, and Russian advances have slowed since late 2025, according to the Institute for the Study of War. Moscow now occupies just over 19 percent of Ukraine, most of which was seized in the early weeks of the conflict.
#Russia #Ukraine #United Arab Emirates
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Features Apr 11, 2026

Makeshift ‘University City’ Revives Gaza’s Academic Life Amid Ongoing Siege

A US NGO has built a modest ‘University City’ in al‑Mawasi, Gaza, providing up to 600 displaced stu…
The new academic term began in Gaza in late March, but the usual bustle of students catching buses to campus has been replaced by the stark reality of displacement.Israel’s relentless campaign has turned most university buildings into rubble and shelters, forcing a shift to online learning that many students in tents cannot access due to lack of electricity, water, food and reliable internet.Against this backdrop, a glimmer of hope has emerged. In the overcrowded al‑Mawasi district of Khan Younis, the US‑based NGO Scholars Without Borders has erected a makeshift “University City,” a wooden and metal structure designed to bring students back into a real lecture hall."Our mission is to bring education closer to students in a better environment," said Hamza Abu Daqqa, the organisation’s Gaza representative.The facility houses six halls that can accommodate up to 600 students each day. Powered by solar panels, it offers internet access, improvised green spaces and even a small business incubator to help students explore entrepreneurial ideas.University City operates on a rotating weekly schedule, allocating each day to a different institution so that multiple universities can share the limited space. Priority is given to courses that require hands‑on instruction, such as practical labs and discussion‑based classes.Prominent Gaza institutions—including the Islamic University, Al‑Azhar University and the Palestine College of Nursing—have already begun using the site.For many students, this is the first time in years they have set foot in a space that feels like a real university. "When I saw this place, I was amazed," said 20‑year‑old nursing student Mariam Nasr, who fled Rafah and now travels four kilometres on foot to attend classes.Another first‑year student, Amr Muhammad, echoed the sentiment: "Being here with other students, discussing and engaging in class makes a huge difference."The broader picture remains grim. UN experts have labeled Israel’s systematic targeting of Gaza’s academic sector as “scholasticide.” More than 7,000 university students and staff have been killed or injured, and over 60 university buildings have been completely demolished, according to the Euro‑Med Human Rights Monitor.Materials for University City were sourced entirely within Gaza, a testament to the community’s resilience amid soaring costs and scarce resources. Yet the initiative is hampered by the same blockade that restricts reconstruction supplies, fuel and safe transport.Students still face daily hurdles: damaged roads, limited cash, and unreliable transport—often relying on worn‑out vehicles, donkey carts or long walks. "My father could only give me eight shekels (about $2.64) for a ride," Mariam explained, highlighting the economic strain.Even once inside the halls, challenges persist. Power outages and unstable internet make it difficult to print materials or follow online lectures, forcing many to rely on old phones and intermittent connections.Nevertheless, the atmosphere inside University City is one of determination. "For medical education, in‑person learning is essential," said Dr Essam Mughari of the Palestine College of Nursing. "Seeing students gather again restores something vital."For students like Mariam, the drive to continue studying is deeply personal. "My cousin, a nurse, was killed when an airstrike destroyed her family’s house. I study to heal others and honor her memory," she said.While University City now serves hundreds daily, thousands of Gaza’s students remain without comparable facilities. Abu Daqqa stresses that the project is only the beginning: "We have built dozens of makeshift schools, but the need is far greater. Imagine what could be done if the needed resources were allowed through."
#students #gaza #but
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News Apr 11, 2026

Djibouti President Guelleh Secures Sixth Term with Landslide Victory

Djibouti's President Ismail Omar Guelleh has won a sixth consecutive term in office with a landslid…
Djibouti's longtime President Ismail Omar Guelleh has claimed a landslide victory in the country's latest elections, ushering in his sixth consecutive term in the Horn of Africa country.Guelleh secured 97.81 percent of the votes cast on Friday, according to official results published by Djibouti's state-run news agency.His sole opponent, Mohamed Farah Samatar, earned just 2.19 percent of votes. Samatar's Unified Democratic Centre (CDU) opposition party has no seats in parliament, and he struggled to gain recognition ahead of the polls.Guelleh, 78, wrote on X as early results arrived: “Reelected”. Politicians last year removed presidential age limits, allowing him to seek another five years in power.Voter turnout was 80.4 percent on Friday, according to Djibouti media outlets. Roughly a quarter of the population – about 256,000 people – were registered to vote.Guelleh has ruled Djibouti's population of roughly one million since 1999. Neighbouring Eritrea, Ethiopia and Somalia, the country is strategically located at the Bab al-Mandeb strait, which provides access to the Red Sea from the Gulf of Aden.Even as voters turned in their ballots on Friday, few doubted who would win. Thousands had gathered at Guelleh's campaign rallies ahead of the election, while his posters could be seen plastered across the capital.
#guelleh #djibouti #votes
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World Apr 11, 2026

Life on Hold: Israel's Border with Lebanon in Turmoil

The article explores the ongoing conflict between Israel and Lebanon, focusing on the impact on res…
The quiet evening in the Israeli kibbutz of Cabri, just five miles from the Lebanon border, was shattered by the sound of air raid sirens. The residents, including the Moria family, rushed to a reinforced safe room as Iron Dome interceptors were launched to counter incoming rockets from Hezbollah.The ceasefire-defying attack by Israel that killed over 300 people in Lebanon has reignited the conflict. Despite hopes that the Iran ceasefire might bring an end to Hezbollah's rocket fire, the situation remains fragile. 1,164 rockets have been fired into Israel since March 2, at a rate of about 30 a day, according to the Alma Center thinktank.Residents of Cabri describe a life of constant risk management, with every decision to leave home, work in the fields, or walk a dog influenced by the threat of attack. The conflict has resulted in over 1,700 recorded deaths in Lebanon since early March, with a smaller but significant number of civilian casualties in Israel.Moshe Davidovich, chief of the local Mate Asher Regional Council, supports Israel's continued war in Lebanon, citing the need to counter Hezbollah's threats. In contrast, Amir Yarchi, a kibbutz resident, argues that a military solution is unrealistic and could lead to an endless war.The situation highlights the complexity of achieving peace in the region, with international engagement and support for the Lebanese government seen as potential pathways to stability. However, with 79% of Israelis supporting continued strikes into Lebanon, finding a lasting solution remains a significant challenge.
#israel #lebanon #hezbollah
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Lifestyle Apr 11, 2026

How Smart Spending of Money Can Actually Enhance Happiness and Well‑Being

The column argues that while money cannot buy lasting joy on its own, strategic use of disposable i…
When wages have been stagnant for almost two decades and a simple tube of toothpaste now costs nearly £7 at a major supermarket, the claim that “money can’t buy happiness” feels increasingly dismissive. The argument rests on a narrow view of what money can achieve. Spending cash solely on material goods yields only short‑lived pleasure. In contrast, the ability to afford time, experiences and mental‑health support expands one’s sense of freedom and purpose. Even basic needs such as leisure have become commodified; more disposable income simply translates into more opportunities to pursue what matters. As someone diagnosed with ADHD, I have learned—through personal trial rather than formal neuroscience—how to secure a steady supply of dopamine. The cheapest route is not a quick thrill, but activities that provide lasting satisfaction, such as novel experiences and moments of awe. One vivid example came during a winter trip to rural France, where two feet of snow turned the landscape into a scene straight out of Narnia. The awe‑inspiring view was a reminder that nature’s restorative power is often accessible only to those who can afford the travel, in my case a budget flight with Ryanair. Research supports the intuition that higher income correlates with greater happiness. A 2023 study by psychologists at Princeton and the University of Pennsylvania found that people with higher earnings report higher life satisfaction, though money cannot resolve non‑financial sources of unhappiness. Even the world’s richest are not immune to the paradox. Earlier this year, Elon Musk—on track to become the first trillionaire—tweeted that anyone who says “money can’t buy happiness” must be missing something. While Musk’s wealth may not guarantee personal joy, the same resources could provide a foundation for happiness for billions facing financial strain. Nevertheless, hoarding wealth like a dragon does not equate to fulfillment. The column suggests that redirecting a portion of vast fortunes toward travel, cultural enrichment, and shared experiences could transform isolated wealth into collective well‑being. In short, financial stability reduces stress and broadens horizons. It allows individuals to invest in the intangible assets—time, relationships, awe‑inducing experiences—that truly enrich life.
#Elon Musk #experience economy #behavioral economics
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Us News Apr 11, 2026

New York's Beloved Dive Bar Jimmy's Corner Fights for Survival

Jimmy's Corner, a historic dive bar in New York's Times Square, is facing closure after 55 years du…
Jimmy's Corner, a beloved dive bar in New York's Times Square, has been a staple of the community for over 55 years. However, the bar is now facing closure due to an eviction notice from its landlord, the Durst Organization.The bar's history dates back to 1971 when it was opened by Jimmy Glenn, a former boxer. Over the years, Jimmy's Corner has become a safe haven for locals and a symbol of the city's gritty past. The bar's walls are adorned with ageing photos of boxers and its restrooms are decorated with stickers representing long broken-up bands and long-shuttered bars.Regulars, including David Gladman, a 73-year-old former executive chef, have expressed their attachment to the bar. Gladman, who has been drinking at Jimmy's Corner since 1988, said, “It holds a lot of memories for me. For everyone.”The eviction notice has prompted a rally from the community, with local politicians and patrons coming together to protest the closure. Adam Glenn, Jimmy's son, who took over the bar in 2015, has filed a lawsuit against Durst and is fighting to keep the bar open.The Durst Organization has offered Adam money to vacate the premises, but he has refused. In a statement, the company said it had done nothing wrong and that the building was ideal for a new housing development.Local politicians, including Julia Salazar, a New York state senator, have joined the fight to save Jimmy's Corner, citing the importance of small businesses to the community. Salazar said, “Small businesses are the beating heart of the city. They represent culture. They also employ more than half of the workers in New York state, and it really has a profound ripple effect when a small business is forced to close due to unsustainable costs.”
#bar #jimmy #durst
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