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World Economy Apr 03, 2026

UN Warns March Food Price Surge Tied to Middle East Conflict, UK Faces Potential 9% Inflation

A UN Food and Agriculture Organization report shows a 2.4% rise in the global food price index for …
According to a new United Nations Food and Agriculture Organization (FAO) briefing, the global food commodity price index climbed 2.4% in March, marking the second straight monthly increase and the first rise in five months for the broader basket of grains, meat, dairy, vegetable oils and sugar.The surge is largely attributed to the escalating conflict in the Middle East, which has pushed up energy prices and freight rates worldwide. The report highlighted that vegetable oil prices jumped 5% and sugar rose 7% during the month.Analysts warn that the war could trigger a broader wave of food inflation, as higher fuel, fertiliser and electricity costs increase the expense of transporting, processing and cooking food. About one‑third of global fertiliser production passes through the Strait of Hormuz, a key shipping lane that has been effectively closed since hostilities began.UN projections suggest that, if the crisis endures, global food prices could be 15%–20% higher in the first half of 2026 than pre‑conflict levels. The FAO noted that “price indices across all commodity groups rose to varying degrees, reflecting both market fundamentals and responses to higher energy prices linked to the conflict escalation in the Near East.”Specific commodity trends showed global wheat prices up 4.3% in March, driven by deteriorating crop conditions and drought concerns in the United States, as well as reduced planting in Australia due to soaring fertiliser costs. Better weather in Europe and strong export competition provided some offset.In the United Kingdom, the Food and Drink Federation – representing 12,000 manufacturers – now forecasts a **minimum 9% rise in food prices by the end of 2026**, a sharp increase from the 3.2% forecast made before the Middle East conflict. This outlook assumes the Strait of Hormuz reopens within weeks and that major energy facilities return to normal within a year – both uncertain outcomes.British producers are already feeling the pressure. The British Tomato Growers’ Association warned that consumers could see higher prices for tomatoes, peppers and cucumbers within six weeks as gas‑heated glasshouses become more expensive to run.Chancellor Rachel Reeves recently met with leaders of major retailers—including Tesco, Sainsbury’s, Morrisons, Marks & Spencer, Aldi and Lidl—to discuss measures that could ease the cost‑of‑living squeeze and strengthen supply chains.Nevertheless, a Bank of England survey of over 2,000 chief financial officers revealed that firms expect to raise their prices by an average of 3.7% over the next year, up from 3.4% in February. Expectations for overall economy‑wide inflation also rose from 3% to 3.5%.
#prices #food #march
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World Economy Apr 03, 2026

Northern Ireland Sees Sharpest Fuel Price Surge in UK Since Iran War

Fuel prices in Northern Ireland have surged by 19% for petrol and 35% for diesel since the start of…
Fuel prices in Northern Ireland have experienced the sharpest increase in the UK since the beginning of the Iran war. Petrol prices have jumped by 19% and diesel by 35% since the end of February. A 50-litre tank now costs an average of £75 for petrol and £91 for diesel, up from £63 for petrol and £67 for diesel on 28 February.Northern Ireland previously had some of the lowest fuel prices in the UK due to tighter competition and links to Ireland. However, the gap with other regions has narrowed, with prices remaining the lowest in the UK. Across the UK, fuel prices continue to rise as the Middle East conflict shows no sign of de-escalation. Petrol prices have jumped by 16% and diesel by 30% since the start of the war.Analysis of Eurostat and UK government data reveals that only seven other European countries have recorded larger increases in petrol prices than Northern Ireland. The pattern is similar for diesel, with prices jumping by up to 44% in Estonia. In the UK, the north has seen the sharpest increase in petrol prices among English regions, with drivers paying an average of 154p a litre, up 17% from 132p a litre on the day the war broke out.Price increases in rural areas are similar to urban areas, but data shows that at least 100 stations in mostly rural parts of England and Scotland are charging between 180p and 210p a litre for petrol. The average petrol price for 10 major retailers has risen sharply, with Shell petrol stations charging an average of 158p a litre for standard unleaded petrol.Simon Williams, head of policy at the motoring services company RAC, said: “Drivers hitting the roads this Easter weekend will be faced with some truly eye-watering fuel prices.” Separate official data analysed by RAC showed that petrol prices have gone up nearly 22p a litre – or 16% – to an average of 154.45p since the beginning of the war.
#petrol #prices #fuel
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News Apr 03, 2026

Deadly Nursery School Stabbing Attack in Uganda Leaves Four Children Dead

A tragic stabbing attack at a nursery school in Kampala, Uganda, has resulted in the deaths of four…
A devastating stabbing attack at a nursery school in Kampala, Uganda's capital, has claimed the lives of four children. The incident occurred at the Ggaba Early Childhood Development Program school in Makindye Division.According to the Ugandan police, a 34-year-old male suspect brutally stabbed and killed the children with a sharp object. The victims included one girl and three boys.The attacker gained access to the school by disguising himself as a parent and initially engaged with the administrator in charge. He then locked the gate and began attacking the children one by one.A security guard from a nearby church intervened and stopped the suspect. The police have apprehended the attacker, but the motive behind the killings is still under investigation.The incident has sent shockwaves through the community, with parents weeping and an angry crowd gathering near the school. Police fired into the air to disperse the crowd and prevent a lynch mob from forming.This kind of attack is rare in Kampala, a city of roughly three million people. The police and local authorities are working to investigate the incident and provide support to the affected families.
#school #police #list
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News Apr 03, 2026

Human Rights Watch Accuses Burkina Faso Military and Allies of War Crimes, Citing Over 1,200 Civilian Deaths

A new Human Rights Watch report documents 57 verified incidents of war crimes by Burkina Faso’s mil…
Human Rights Watch (HRW) released a comprehensive report titled None Can Run Away, concluding that Burkina Faso’s military, its allied Volunteers for the Defence of the Homeland (VDPs), and the al‑Qaeda‑linked Jama’at Nusrat al‑Islam wa al‑Muslimin (JNIM) have perpetrated war crimes and crimes against humanity since the coup that brought the junta to power in September 2022. Through in‑person and telephone interviews with more than 450 witnesses across Burkina Faso, Benin, Ivory Coast, Ghana and Mali, HRW verified 57 distinct incidents involving wilful killing, attacks on civilians and civilian objects, pillage, looting, and forced displacement. The report estimates that 1,837 civilians were killed between January 2023 and August 2025, with over 1,200 deaths directly linked to government forces. The United Nations estimates that the conflict has displaced approximately two million people, underscoring a humanitarian crisis of regional magnitude. Among the deadliest attacks, the military and VDP militias slaughtered more than 400 civilians across 16 villages near the northern town of Djibo in December 2023. In November 2023, allied militias killed 13 Fulani civilians—including six women and four children—in the western village of Basse, employing methods described by survivors as “blindfolded, hands tied, and riddled with bullets.” JNIM’s own atrocities were highlighted by the August 24, 2024 massacre in Barsalogho, where at least 133 civilians, many of them children, were shot indiscriminately. HRW’s findings point to a systematic targeting of the Fulani ethnic group, whom the junta accuses of supporting armed insurgents, resulting in what the report characterises as an ethnic cleansing of entire communities. HRW calls for urgent investigations into President Ibrahim Traoré, the supreme commander of the armed forces, and six senior military commanders for “grave abuses.” The organization also urges scrutiny of Iyad Ag Ghaly, JNIM’s supreme leader wanted by the International Criminal Court, and four of his commanders under the principle of command responsibility. “The scale of atrocities taking place in Burkina Faso is mind‑boggling, as is the lack of global attention to this crisis,” said Philippe Bolopion, executive director of HRW. “The junta is committing horrific abuses itself, failing to hold those responsible on all sides to account, and curtailing reporting to obscure the suffering of civilians caught in the violence.” Survivors recount harrowing details: a 41‑year‑old father described his son’s body “shot in the back of the neck,” while a 39‑year‑old witness to the Barsalogho attack said, “People were falling like flies. They came to exterminate us. They did not spare anyone.” These revelations amplify calls from the international community for accountability and for renewed humanitarian assistance to the millions displaced by the protracted Sahel conflict.
#burkina #faso #civilians
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News Apr 03, 2026

US Weighs High-Risk Operation to Seize Iran's Enriched Uranium

The US is considering a military operation to seize Iran's stockpile of highly enriched uranium, a …
The United States is reportedly contemplating a daring military operation to confiscate Iran's reserves of highly enriched uranium, a move that experts warn would be fraught with significant challenges and risks.Ensuring Iran does not possess nuclear weapons or the capability to produce them using enriched uranium has been a primary objective for the US during negotiations with Iranian officials over the past year. This goal was also cited as a justification for the US bombing of Iranian nuclear facilities during last year's 12-day war with Israel and for initiating the ongoing conflict in February, despite ongoing talks with Iran at the time.Iran possesses approximately 440 kilograms (970 pounds) of uranium enriched to 60 percent, a level at which it becomes considerably easier to reach the 90 percent threshold required to produce a nuclear weapon. This amount theoretically could be used to produce more than 10 nuclear warheads, according to International Atomic Energy Agency chief Rafael Grossi.Iran asserts that its nuclear program is exclusively for civilian energy purposes, despite enriching uranium far beyond the required threshold. Iranian officials have expressed openness to discussing a reduction in the level of enrichment during past negotiations but have refused to dismantle the country's nuclear program entirely, citing national sovereignty concerns.In 2015, the former Obama administration negotiated the Joint Comprehensive Plan of Action (JCPOA) with Iran and other nations, under which Iran agreed not to enrich uranium to high levels and to undergo frequent inspections. However, Trump withdrew the US from this agreement during his first term as president.Challenges in Accessing and Transporting the UraniumAny military ground operation to extract the uranium would face substantial chemical, logistical, and tactical hurdles. Isfahan, where about half of the enriched uranium is believed to be stored, is over 480 kilometers (about 300 miles) inland, far from the nearest US naval ships. This would necessitate transporting US forces, possibly alongside Israeli troops, over a long distance through an active warzone, accompanied by heavy equipment.Securing a substantial perimeter around the site and holding that territory for the duration of the operation would be required, all while mitigating the risk of constant fire from Iran. Experts describe this as a risky and infeasible operation.Storing and Handling the UraniumIf the US were to successfully extract the uranium, it would likely be stored in the form of hexafluoride gas, which is difficult to handle and reacts with water to produce extremely toxic chemicals. The uranium hexafluoride must be stored in small, separated canisters to prevent neutrons from multiplying out of control.Any damage to these canisters could trigger the release of toxic chemicals, posing a radiological hazard. An alternative would be to destroy the cylinders on the spot using Army Nuclear Disablement Teams, but this would result in chemical contamination and environmental hazards.Previous Operations and Potential AlternativesIn 1994, US forces undertook a secret operation dubbed Project Sapphire to remove weapons-grade uranium from Kazakhstan. A similar operation for Iran is being considered, but it would require coordination with Iranian authorities and the IAEA, and a cessation of hostilities.A less risky approach would be for the US to negotiate a deal with Iran, resulting in the stockpile being left in place but under international oversight, being downblended, or being removed with Iranian agreement.
#iran #uranium #nuclear
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Economy Apr 02, 2026

US Tariffs: One Year On, Americans Face $1,000 Higher Bills

It's been one year since US President Donald Trump announced a 10% global tariff. The move has led …
One year ago, US President Donald Trump introduced a 10% global tariff, sparking a trade war with far-reaching consequences. The immediate impact was severe, with the stock market experiencing its worst drop since the pandemic. In response, countries scrambled to negotiate deals with Washington or retaliate with their own tariffs. Recently, the Supreme Court ruled that most of Trump's tariffs are illegal, citing the president's lack of authority to impose broad, open-ended tariffs under a national emergency. However, this ruling did not end the trade war. Within hours, Trump invoked a different statute to launch a temporary tariff, set to expire in July. The effects of the tariffs have already reshaped the US economy. The average effective US tariff rate surged from 2.6% to over 13%, the highest level since World War II. This significant increase has led to higher costs for American consumers. According to the Tax Foundation, US households paid $1,000 more in 2025 for the same goods. Tarrifs work by imposing a tax on foreign goods and services, making them more expensive and encouraging local purchases. Despite Trump's promise that tariffs would reduce the trade deficit and make the US richer, the reality is that the average US consumer is worse off. The Penn Wharton Budget Model reports that the US collected over $287.1 billion in customs duties in 2025 and $64.4 billion in 2026. Economists at the Federal Reserve Bank of New York found that nearly 90% of the economic burden from tariffs has fallen on US businesses and consumers, with foreign exporters absorbing only a small percentage of the cost. Lower-income households have been disproportionately affected, as they spend a higher proportion of their earnings on essential goods like food, clothing, and transportation. Following the Supreme Court's ruling, the government may be required to refund up to $175 billion to businesses that paid the tariffs. With Trump's tariffs being replaced by a flat 10% tariff, the Tax Foundation projects that the average cost to US households will fall to about $600. While an improvement, it remains a significant cost for consumers.
#Donald Trump #US tariffs #World Trade Organization
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Politics Apr 02, 2026

Yemen Conflict: Nearly 1,200 Children Killed or Injured Despite Truce

A UN-led ceasefire in Yemen has led to a significant reduction in hostilities, but nearly 1,200 chi…
Despite a United Nations-led ceasefire in Yemen, which largely reduced hostilities four years ago, nearly 1,200 children have been killed or injured due to shelling, gunfire, landmines, and other explosive remnants of war. According to Save the Children, since the truce brokered on April 2, 2022, at least 339 children have been killed and 843 injured, with some suffering life-altering injuries.The United Kingdom-based humanitarian organization found that 511 child casualties, nearly one in two, were due to landmines and explosive remnants of war. Data from the Civilian Impact Monitoring Project (CIMP) suggested that children were more than three times more likely than adults to be killed or injured by explosive remnants. Save the Children attributed this to a lack of mine risk awareness and increased exposure due to child labor.“These figures are a reminder that beyond the front lines, the war on children continues in their homes, schools and areas where they play and help their families tend to land,” said Rishana Haniffa, Save the Children’s country director in Yemen. “Amid escalating wider regional tensions, there is a real risk of triggering a wider confrontation in Yemen and the Red Sea that could undermine hard-won progress to reduce armed violence in the country in the past four years, exposing children to even more harm.”The conflict in Yemen has also led to significant psychological distress in children, with blast injuries causing permanent disabilities, including injuries to the spine, amputation of limbs, and loss of sight and hearing. Children have experienced difficulty sleeping, daily fear, and anxiety, with some, like Kamal, undergoing life-changing surgery.
#Yemen #United Nations #Houthi rebels
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World Economy Apr 02, 2026

Oil Prices Soar, Asian Markets Plunge as Trump Vows to Continue Iran Attacks

Oil prices surged over $5 as President Donald Trump announced continued US attacks on Iran, sparkin…
Oil prices experienced a significant surge, rising more than $5, after President Donald Trump stated that the United States would continue its military operations against Iran. This development has heightened investor concerns about potential sustained disruptions to global oil supplies.Brent crude futures saw a notable increase, rising $6.33, or 6.3%, to $107.49 per barrel early on Thursday. Similarly, US West Texas Intermediate crude futures were up $5.28, or 5.3%, to $105.40 per barrel. These gains followed an earlier decline of more than $1 in both benchmarks prior to Trump's televised address to the nation.The recent escalation in tensions between the US and Iran has led to the closure of the Strait of Hormuz by Iran, in retaliation for the US-Israeli attacks. This strategic move has disrupted approximately one-fifth of global oil and liquefied natural gas (LNG) supplies, precipitating the world's most significant energy crisis in decades.Trump emphasized that the US military is nearing its objectives in the conflict, which he expects to conclude within two to three weeks. His remarks have contributed to increased uncertainty in financial markets.Asian stocks were severely impacted following Trump's speech. Most Southeast Asian countries, which heavily rely on oil imports, are particularly vulnerable to the sharp rise in oil prices triggered by the Middle East conflict. The MSCI gauge of EM Asia equities experienced a 2.3% decline, while regional currencies weakened by 0.2%.Notably, South Korea's main stock market, the Korea Composite Stock Price Index (KOSPI), plummeted by 4.2% after initially gaining nearly 2%. South Korean President Lee Jae Myung urged parliament to promptly pass a 26.2 trillion won ($17.3bn) supplementary budget to bolster the economy during what he described as the worst energy security threat caused by the Middle East crisis.Other Asian markets also saw significant declines, with Singapore's main stock market, the Singapore Exchange (SGX), slipping 0.8%, and Malaysia's benchmark index falling 1%. Markets in Indonesia and Taiwan declined by about 1% and 1.4%, respectively. Stocks in China and Hong Kong also fell, with the benchmark Shanghai Composite index dropping 0.53% and China's blue-chip CSI300 Index losing 0.74%.
#percent #trump #iran
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Politics Apr 02, 2026

Trump Says US Nears Victory as Iran Fires New Missiles, Gulf States Intercept Attacks and Markets React

On day 34 of the US‑Israel war, Iran launched a fresh wave of missiles after President Trump claime…
Iran launched a new barrage of missiles at Israel following President Donald Trump’s televised claim that Washington had "destroyed the Iranian military" and was on the brink of completing its war objectives. Trump’s address, delivered hours after he asserted that Tehran had requested a ceasefire—a claim Tehran promptly denied—also featured a pledge to "finish the job" and a statement that the core strategic goals of the United States were "nearing completion." Iranian President Masoud Pezeshkian emphasized that Iran holds no hostility toward the peoples of the United States, Europe or neighboring states, while urging the American public to question the motives behind the continued conflict. In Tehran, the war has intensified: US‑Israeli air campaigns continue to cause casualties and infrastructure damage, and Iranian forces persist with missile and drone counter‑attacks. Foreign Minister Abbas Araghchi warned that, despite receiving messages from Washington, "trust remains at zero" for any negotiation. Senior political figure Kamal Kharazi, a former foreign minister, was seriously wounded when a strike hit his home in Tehran, killing his wife. Kharazi had been involved in back‑channel talks through Pakistan aimed at reviving negotiations. In the Gulf, the United Arab Emirates reported intercepting incoming Iranian missiles and drones, and a tanker off Doha sustained damage from a projectile, though no casualties were reported. President Trump publicly thanked Gulf allies, pledging that the United States would not allow them to be harmed. Within the United States, analysts such as Trita Parsi of the Quincy Institute noted that Trump’s speech offered little new information, essentially summarising recent tweets and suggesting a lack of a clear operational plan. Israel’s military confirmed that its air‑defence systems were actively intercepting Iranian missiles, but the attack wounded 14 civilians, including an 11‑year‑old girl, near Tel Aviv. Israeli officials said the timeline outlined by Trump aligns with Prime Minister Benjamin Netanyahu’s assessment of the campaign. Regional spill‑over continued: an Israeli strike on Beirut killed a senior Hezbollah commander and at least seven civilians, while an air strike on Iraq’s Anbar province killed seven fighters and injured 13 at a military healthcare clinic. On the economic front, the World Bank expressed "extreme concern" about the conflict’s impact on inflation, employment and food security, and is consulting member states on emergency measures. Despite the turmoil, global equity markets rallied and oil prices fell after Trump’s optimistic remarks, indicating short‑term investor relief.
#Donald Trump #Iran #United States
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