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Business Apr 16, 2026

UK Supermarkets Face Potential Shelf Gaps as Iran War Disrupts CO2 Supplies

The UK may experience gaps on supermarket shelves this summer due to potential CO2 shortages caused…
The UK is bracing for possible gaps on supermarket shelves this summer as the ongoing conflict in Iran threatens to disrupt carbon dioxide (CO2) supplies, a critical component in the food industry. CO2 is essential for the humane slaughter of livestock, packaging of fresh meats and produce, and production of fizzy drinks and beer.Government ministers are reportedly drawing up contingency plans for a 'reasonable worst-case scenario' if the Strait of Hormuz, a key shipping lane, remains closed. This could lead to shortages of CO2, impacting supplies of chicken, pork, and fizzy drinks.The business secretary, Peter Kyle, has reassured the public that ministers are making contingency plans to deal with possible consequences of the Iran war. The government has invested £100m to reopen the mothballed Ensus bioethanol plant on Teesside to mitigate potential CO2 shortages.The CEO of Tesco, Ken Murphy, has expressed confidence in the company's ability to manage supply chains, stating that they have 'seen nothing at this point' in terms of problems within their supply chain caused by CO2 availability issues. However, the UK is one of Europe's largest users of CO2, and any disruption could have significant impacts on the food industry and beyond.
#Tesco #Sainsbury's #Morrisons
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World Economy Apr 16, 2026

Tesco Warns of Profit Fall Amid Middle East Conflict Uncertainty

Tesco warns that profits could fall due to increased uncertainty caused by the conflict in the Midd…
Tesco, the UK's largest supermarket chain, has issued a warning that its profits could decline in the upcoming year due to increased uncertainty caused by the conflict in the Middle East. This announcement comes on the heels of the company achieving its highest market share in a decade.In the year ending February 28, Tesco reported a profit increase of 8.5% to £2.4bn, with sales rising by 4.3% to £66.6bn, driven largely by strong growth in the UK. The retailer attributed its success to increased investments in keeping prices low and improving quality and service.Despite these positive results, Tesco has widened its profit guidance for the year ahead to £3bn to £3.3bn, citing the potential implications of the Middle East conflict on UK households and the broader economy. Ken Murphy, Tesco's chief executive, emphasized the company's commitment to keeping prices low and helping consumers navigate cost pressures.In a move to further enhance its pricing strategy, Tesco aims to make £500m in new savings in the year ahead, leveraging artificial intelligence (AI) to optimize price markdowns and finance tools.
#more #year #tesco
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News Apr 16, 2026

Israel Sends First Ambassador to Somaliland, Heightening Diplomatic Tensions in the Horn of Africa

Israel has appointed Michael Lotem as its inaugural ambassador to Somaliland, cementing a partnersh…
Israel has appointed Michael Lotem as its first ambassador to Somaliland, marking the latest milestone after the country officially recognized the self‑declared state in December 2025. Lotem, who previously served as Israel’s ambassador to Kenya, was announced by Israel’s public broadcaster on Wednesday. Somaliland’s president, Abdirahman Mohamed Abdullahi, hailed the appointment in a joint parliamentary session, declaring Israel a “reliable partner” and prompting applause from lawmakers. In stark contrast, Somalia’s foreign ministry condemned the decision, labeling it a “direct breach” of Somali sovereignty and unity. The condemnation echoed broader disapproval from the UN Security Council, the African Union, the Organisation of Islamic Cooperation and the European Union, all of which have criticized Israel’s recognition of Somaliland. Since the December announcement, diplomatic activity has accelerated. Israeli foreign minister Gideon Saar visited Hargeisa in January, and Somaliland’s water ministry sent a delegation to Israel for training in water‑management techniques. President Abdullahi told Reuters in February that a trade agreement with Israel is expected soon. Israel has also granted diplomatic approval to Mohamed Hagi, a presidential adviser instrumental in securing recognition, designating him as Somaliland’s first ambassador to Israel. Somali officials warn that the deepening ties could destabilise the region. President of Somalia earlier this year called Israel’s outreach the “gravest attack” on Somali sovereignty and suggested Israel might seek to establish a military base to launch operations against Yemen. Geographically, Somaliland sits across the Gulf of Aden from Yemen, where the Iran‑backed Houthi movement controls the northwest and remains hostile to Israel. The Houthis have publicly stated that any Israeli presence in Somaliland would be a legitimate target. In March, Somaliland’s minister of the presidency, Khadar Hussein Abdi, told Bloomberg that the country aims for a “strategic relationship” with Israel that includes security cooperation. He did not rule out the possibility of an Israeli military base, noting that such a decision “will be analysed at some point.” Somalia’s state minister for foreign affairs, Ali Omar, reiterated to Al Jazeera that Somalia does not want its territory drawn into external confrontations that could further destabilise an already sensitive region. The appointment of an Israeli ambassador therefore not only solidifies bilateral ties but also introduces new strategic calculations for regional actors, potentially reshaping security dynamics in the Horn of Africa and the broader Red Sea corridor.
#israel #somaliland #somalia
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News Apr 16, 2026

US Deploys Over 10,000 Additional Troops to Middle East as Iran Ceasefire Nears Expiration

The United States is sending more than 10,000 extra troops to the Middle East before the end of Apr…
The United States is set to move **over 10,000 additional service members** into the Middle East before the end of April, according to officials speaking anonymously to The Washington Post. The reinforcement is intended to heighten pressure on Iran while the current cease‑fire, declared a week ago, remains in force until April 22. Approximately 6,000 troops will embark aboard the USS George H.W. Bush carrier and its escort vessels, which are transiting around Africa to join the existing carrier presence. An additional 4,200 personnel from the Boxer Amphibious Ready Group and the 11th Marine Expeditionary Unit are expected to arrive later in the month. These deployments bring the total number of U.S. forces engaged in the conflict since its start on February 28 to roughly 50,000 troops. With the arrival of the George H.W. Bush, the region will host three U.S. carriers: the newly arrived vessel, the USS Abraham Lincoln, and the USS Gerald Ford, all of which have already taken part in combat operations against Iran. Concurrently, U.S. Central Command (CENTCOM) announced on social media that its naval blockade of Iranian maritime trade is "fully implemented" and that American forces have "completely halted economic trade" to and from Iran by sea. However, maritime‑tracking data released on Tuesday showed several ships departing Iranian ports and navigating the Strait of Hormuz, suggesting the blockade’s effectiveness may be limited. Amid the military buildup, diplomatic channels remain active. President Donald Trump told The New York Post that a new round of negotiations with Iran could be convened in Pakistan within two days, following a marathon session in Islamabad that ended without a breakthrough. The previous high‑stakes talks failed to secure a lasting peace agreement, and the cease‑fire is slated to expire on April 22. According to the Washington Post sources, the fresh troop influx is designed to give the U.S. administration leverage in ongoing talks while preserving the option for "additional strikes or ground operations" if negotiations falter. This dual strategy underscores Washington’s intent to maintain both diplomatic and kinetic pressure on Tehran as the regional conflict evolves.
#iran #troops #list
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Politics Apr 16, 2026

Japan's Arms Industry Poised for Growth Amid Trump's Trust Erosion

Japan has eased its arms export rules, allowing its defense industry to supply arms to other nation…
Japan has taken a significant step in its foreign policy by easing its arms export rules, marking a departure from its eight-decade-long pacifist stance. This move comes as trust in US President Donald Trump declines, with him wavering on security commitments to allies and involvement in conflicts in Iran and Ukraine.The Japanese government has approved a record defense budget of $58 billion for 2026, reflecting a push to strengthen military and coastal defenses amid rising global tensions. The new budget forms part of a broader $784 billion national budget for the fiscal year beginning in April 2026.Under the new budget, over $6.2 billion is earmarked to enhance Japan's 'standoff' missile capabilities, including the purchase of domestically produced and upgraded Type-12 surface-to-ship missiles. This move is seen as a response to China's growing military presence in the Asia-Pacific region.Japan's key defense contractors, Toshiba and Mitsubishi Electric, are hiring staff and adding capacity to capitalize on demand for arms. Countries such as the Philippines and Poland are expected to become customers of Japanese arms.The easing of arms export rules is part of Japan's efforts to shape its own security policy and reduce its military dependence on the US. This shift is driven by the need to build defense supply chains in Asia that do not rely on the US, particularly in light of Washington's preoccupation with wars in the Middle East and Ukraine.Japanese companies are eager to boost sales by selling their products abroad, with Toshiba planning to hire 500 people over the next three years and constructing new testing and manufacturing facilities. The company's vice president, Kenji Kobayashi, noted that 'reputational risk is not what it used to be.'The US has welcomed Japan's initiatives to boost defense spending and take regional security into its own hands, with US Secretary of Defense Pete Hegseth praising Japan's investment in its defense capabilities.
#Japan #Donald Trump #United States
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News Apr 16, 2026

Hungary’s New Prime Minister-elect Peter Magyar Targets Media Overhaul and Presidential Resignation Amid EU Funding Deadline

Peter Magyar, prime‑minister‑elect of Hungary’s Tisza party, vows to dismantle the state‑media appa…
Peter Magyar, the prime‑minister‑elect of Hungary’s Tisza (Respect and Freedom) party, announced a sweeping media reform plan as he prepares to form a new government following a historic landslide that ended Viktor Orbán’s 16‑year rule. In a televised interview – his first appearance on state TV in 18 months – Magyar accused the public broadcaster of operating as a “propaganda machine” and pledged to suspend news broadcasts on state media until a new legal framework is enacted. He described the current staff of the public broadcaster MTVA as having worked under “total intimidation and political terror,” and vowed to establish a new media law, an independent media authority, and professional standards that would restore genuine public‑service journalism. During the same appearance, Magyar confronted President Tamas Sulyok, labeling him “unworthy to embody the unity of the Hungarian nation” and demanding his resignation once the new cabinet takes office. Beyond the political overhaul, Magyar faces a pressing fiscal challenge: more than €16 billion ($19 bn) of EU COVID‑19 recovery funding remains frozen over rule‑of‑law disputes, with an end‑of‑August deadline to meet Brussels’ conditions or risk losing the money. The incoming premier said he has already spoken with European Commission President Ursula von der Leyen and will begin informal consultations before the formal government is sworn in in May. Magyar outlined four priority reform areas: anti‑corruption measures, accession to the European Public Prosecutor’s Office, restoration of judicial independence, and the revival of media and academic freedoms. Analysts caution that entrenched Orban loyalists within key institutions could complicate the reform trajectory. These moves signal a decisive break from the previous administration’s media consolidation—where a pro‑Orban conglomerate now controls over 400 outlets—and set the stage for Hungary’s next chapter in both domestic governance and its relationship with the European Union.
#media #magyar #hungary
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News Apr 15, 2026

Trump Hints War on Iran Nearing End Amid US Hormuz Blockade and Fresh Diplomatic Talks

President Trump says the conflict with Iran is close to concluding while the US enforces a naval bl…
President Donald Trump declared that the war with Iran is "very close to over," even as Washington maintains a naval blockade of the strategic Strait of Hormuz. In Washington, D.C., Israeli and Lebanese ambassadors convened for uncommon direct talks, seeking a cease‑fire while Israel pressed for Hezbollah’s disarmament. Trump also hinted at a possible second round of negotiations with Tehran, suggesting talks could resume in Pakistan within days. The United States, however, is set to let a temporary sanctions waiver on stranded Iranian oil expire, tightening economic pressure on Tehran. The International Committee of the Red Cross and Red Crescent Societies delivered its first shipment of medical supplies and humanitarian aid into Iran since hostilities began, offering a modest lifeline to civilians. Inside Tehran, minor explosions caused limited damage and injuries, underscoring ongoing instability. Iran estimates its war‑related losses at $270 billion and plans to seek reparations. On the diplomatic front, the United Nations' IAEA chief Rafael Grossi noted that the duration of any uranium‑enrichment moratorium would be a political decision, reflecting the delicate balance of future negotiations. In the United States, the Senate is poised to vote as early as Wednesday on a Democratic initiative to restrict the president’s war powers, signaling growing congressional scrutiny of the conflict. Former defence official David Sedney warned that the Hormuz blockade is backfiring, increasing pressure on Washington as global trade routes are disrupted and domestic support wanes. Meanwhile, CENTCOM Commander Admiral Brad Cooper affirmed that the blockade of Iranian ports is fully operational and that U.S. forces retain maritime superiority in the region. President Trump publicly rebuked Italy’s Prime Minister Giorgia Meloni for not joining U.S. actions against Iran, describing her stance as lacking courage. U.S. Treasury Secretary Scott Bessent announced that American forces will intercept Chinese tankers carrying Iranian oil through the Hormuz Strait, effectively cutting off Iran’s oil exports while allowing non‑Iranian cargo to pass. Israel has proposed a long‑term troop presence extending up to 8 km into southern Lebanon until Hezbollah is dismantled, and continues air strikes aimed at encircling the strategic town of Bint Jbeil. Former U.S. Assistant Secretary of State Jeffrey Feltman highlighted a growing divergence between U.S. and Israeli priorities, noting Israel’s heightened concern over Iran’s ballistic‑missile program. In Lebanon, Israeli raids have resulted in multiple civilian casualties, with reports of villages being razed in a manner likened to Gaza. Hezbollah has rejected the ongoing Israel‑Lebanon talks, while public opinion remains split between hopes for peace and opposition to negotiations. The International Monetary Fund warned that any further escalation could push the global economy toward recession. It cut its 2026 growth forecast for the Middle East and North Africa to 1.1 % from 3.9 %, citing disruptions to Gulf oil and gas exports. On the markets, stock indices rose while oil prices slipped, reflecting renewed optimism for a diplomatic resolution and the reopening of the Hormuz Strait.
#iran #israel #lebanon
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News Apr 15, 2026

Trump Slams Meloni for Stance on Iran, Accuses Her of Lacking Courage

US President Donald Trump has publicly criticized Italian Prime Minister Giorgia Meloni for her rel…
US President Donald Trump has launched a scathing attack on Italian Prime Minister Giorgia Meloni, one of his key European allies, over her stance on the conflict with Iran. In an interview with the Italian daily Corriere della Sera, Trump expressed his disappointment, stating, “I’m shocked at her. I thought she had courage, but I was wrong.”Trump's criticism centers on Meloni's refusal to join the US-Israel coalition against Iran, a stance that has put her at odds with Trump. “She’s unacceptable because she doesn’t mind that Iran has a nuclear weapon and would blow up Italy in two minutes if they had the chance,” Trump said. This statement underscores the deepening divide between the US and Italy on the issue.Meloni, who has been Italy's leader since October 2022, was once considered one of Trump's closest allies in Europe. However, their relationship has soured recently. Trump noted that they had not spoken in a long time, adding, “She doesn’t help us with NATO. She doesn’t want to help get rid of a nuclear-weaponed Iran. Very sad … She’s much different than I thought,” highlighting his disappointment in Meloni's shift away from his policies.The rift between Trump and Meloni comes as Italy has suspended a defense agreement with Israel, which involves the exchange of military equipment and technology research. This move follows accusations by the Italian government that Israeli forces fired warning shots at a convoy of Italian peacekeepers in Lebanon. Tensions between Italy and Israel have been escalating, adding another layer of complexity to the situation.In response to Trump's comments, Meloni's allies and political opponents rallied to her defense. Foreign Minister Antonio Tajani emphasized Italy's commitment to Western unity and mutual respect, stating, “We are and remain staunch supporters of Western unity and steadfast allies of the United States, but this unity is built on mutual loyalty, respect, and honesty.” Elly Schlein, leader of the centre-left Democratic Party, condemned Trump's “serious lack of respect” and reiterated Italy's constitutional repudiation of war.
#italy #iran #israel
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Sports Apr 15, 2026

England Cricket Captain Stokes Recounts Harrowing Facial Injury, Feels 'Lucky' to Be Alive

England Test captain Ben Stokes shares his experience of suffering a broken cheekbone during a net …
England Test captain Ben Stokes has revealed that he feels fortunate to be alive after undergoing surgery for a broken cheekbone sustained during a cricket training session. The incident occurred when Stokes, 34, was hit in the face by a cricket ball while coaching young players at his domestic county side Durham in February.Stokes required major facial surgery to repair the damage and has since expressed his gratitude for a positive outcome, acknowledging that the situation could have been much worse. He mentioned that if he hadn't turned his head at the right moment, the consequences could have been fatal.“I copped one straight in the face,” Stokes told the England and Wales Cricket Board. “Pretty nasty but, funnily, probably the best result of a bad situation, to be honest. Just a couple of inches one way or the other, I might not be here doing this interview, if I didn’t turn my head round.”Stokes is set to return to action in two first-class County Championship games next month and is expected to lead England in their home Test series against New Zealand starting on June 4. The team is looking to bounce back from a 4-1 Ashes defeat in Australia.In addition to his injury update, Stokes also downplayed reports of a rift with England coach Brendon McCullum, emphasizing their shared goal of achieving success with the team. Stokes and McCullum have implemented an aggressive style of play known as “Bazball,” which has been under scrutiny following England’s recent performance.
#Ben Stokes #England cricket #Test cricket
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