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Business May 18, 2026

Ryanair Confident in Avoiding Jet Fuel Shortage, Warns of Future Fare Rises

Ryanair is confident it will avoid a jet fuel shortage this summer, but warns that holidaymakers bo…
Ryanair's Jet Fuel Assurance Ryanair is “confident” it will not face a jet fuel shortage this summer amid fears over widespread cancellations linked to the Iran war, but warned holidaymakers booking their flights later this year could face higher fares. Impact of Middle East Conflict on Fares Neil Sorahan, the chief financial officer at the budget airline, said he was “increasingly confident that we will not see any supply shocks this summer”. The airline said fares had fallen in recent weeks due to uncertainty around conflict in the Middle East, with prices expected to fall by a “mid-single digit percentage” in the three months ended in June. Future Fare Projections The company also cut its outlook for fares this summer, with prices now expected to be “broadly flat” on last summer, after a previous forecast of a modest increase in the peak travel season. “Demand is still strong, but people are leaving it longer to book so we do not have the visibility that we normally have for July to September,” Sorahan said. Jet Fuel Supply and Costs The travel industry has been hit by worries around jet fuel supply this summer, as shipping through the strait of Hormuz remains restricted. Ryanair said Europe is well stocked with fuel thanks to shipments from west Africa, Norway and the Americas. The airline reported a record profit after tax of €2.26bn (£2bn) in its financial year ended in March. Future Outlook and Guidance However, it suspended guidance for its 2027 financial year, saying it was “far too early” to provide forecasts owing to potential increases in fuel, environmental taxes and wage bills. While Ryanair has hedged 80% of its jet fuel requirements to April 2027 at about $67 a barrel, unit costs on fuel could still rise if prices remained higher, it said.
#Ryanair #Jet Fuel #Airline Industry
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World Wide May 18, 2026

Mali Army Drone Strikes Kill 10 Civilians at Wedding Celebration

Mali's army drone strikes killed at least 10 civilians preparing for a wedding in the central San r…
The Wedding TragedyDrone strikes by Mali's army have killed at least 10 civilians as they prepared to celebrate a wedding in the central region of San, marking another escalation in the conflict since armed groups launched a widespread coordinated assault late last month. The strikes on Sunday occurred during a security crisis after attacks on the military government's positions last month by fighters from the al-Qaeda-linked Jama'at Nusrat al-Islam wal-Muslimin (JNIM) and Tuareg separatists known as the Azawad Liberation Front (FLA).A resident of the Tene locality, where the strikes took place, told the AFP news agency that "10 of our children" were killed. "What was supposed to be a moment of joy in the village turned into immense sorrow," he said, speaking on condition of anonymity. "The tragedy occurred as the villagers were preparing the second edition of this traditional collective wedding, a major cultural event for this community," a security source who requested anonymity for safety reasons told AFP.The Escalating ConflictMali has been in a critical security situation since JNIM teamed up with rebels in the FLA in April. A deadly offensive on April 25 and 26 targeted strategic towns and killed the country's influential defence minister. Kidal and other towns and villages in the north have been captured and are now controlled by the FLA and JNIM, who have since imposed a blockade on the capital, Bamako.Another wave of attacks by al-Qaeda-affiliated fighters was also reported on May 7, killing at least 30 people in central Mali. The villages of Korikori and Gomossogou in the Mopti region were targeted. Mali, which is rich in gold and other valuable minerals, has been dealing with unrest since 2012. It has faced a deepening security crisis driven by the FLA, JNIM and the Africa Corps, a Russian government-controlled paramilitary that replaced the private Wagner Group.International InvolvementMali's former colonial ruler, France, and the United Nations had deployed soldiers and peacekeepers to the country to try to control the violence by armed groups, but Bamako expelled their forces after military coups in 2020 and 2021 and is now using Russian fighters instead. Al Jazeera's Nicolas Haque, who has reported extensively from Mali, had said, according to military sources, "the fighters involved in this coordinated attack are targeting military armed compounds", adding that "there is an unprecedented level of panic" in the military ranks.Haque told Al Jazeera he learned from witnesses that Russian mercenaries were "fighting in Bamako, around the airport, where they have one of their headquarters". Alex Vines, Africa director at the European Council on Foreign Relations, told Al Jazeera that Malian authorities appear to have been caught off guard by the latest wave of attacks.
#Mali #JNIM #FLA
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World Wide May 18, 2026

Trump Warns Iran as War Hits 80 Days: Regional Tensions Surge

President Donald Trump warned Iran that the “clock is ticking” as the US‑Israel war enters its 80th…
Executive Summary: 80‑Day War and Trump’s UltimatumPresident Donald Trump posted on Truth Social that Iran must act quickly or face annihilation, while Iran’s defence ministry says its military is "fully prepared" to meet any new US‑Israeli attacks. The standoff has already pushed Brent crude toward $111 per barrel and sparked a cascade of reactions from Gulf states, Israel, and European politicians.Escalation of Threats: Trump’s Warning and Iran’s Military PostureDonald Trump wrote: “For Iran, the Clock is Ticking… TIME IS OF THE ESSENCE!”Iranian Ministry of Defence spokesperson Reza Talaei‑Nik affirmed the armed forces are “fully prepared” for any new aggression.Former IRGC commander Mohsen Rezaei warned the US to lift the port blockade, signalling Tehran’s readiness for confrontation.US politicians Lindsey Graham and former congresswoman Marjorie Taylor Greene called for harsher strikes, heightening the risk of direct conflict.Oil Market Reaction: Brent Crude Near $111 per BarrelStalled peace talks caused Brent crude to climb to about $111 per barrel, its highest level in weeks.The price surge reflects market anxiety over potential disruptions to Iranian oil exports and broader Middle‑East supply routes.Regional Ripple Effects: Gulf States, Israel, and Global DiplomacySaudi Arabia intercepted three drones and warned of operational measures against violations of its airspace.The UAE reported two additional drone interceptions after a strike hit the Barakah Nuclear Energy Plant, though no radiological release occurred.Israel’s Channel 13 noted the arrival of US cargo planes with ammunition, and Israeli officials hinted at joining any new US strikes on Iranian energy sites.France’s Jean‑Luc Melenchon condemned “European complicity,” while Russia suggested Iran appoint a special envoy to Moscow.Outlook: Potential Scenarios for the Next WeeksIf Washington proceeds with air strikes, the conflict could expand into a broader regional war, further inflating energy prices.Diplomatic channels remain fragile; a renewed cease‑fire extension could temporarily de‑escalate but is unlikely without concrete concessions.Continued drone activity in the Gulf signals that non‑state actors may exploit the chaos, raising security challenges for Saudi Arabia, the UAE, and Iraq.
#Donald Trump #Iran #United States
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Sports May 18, 2026

'Energy, passion and optimism': How Arteta Created Emirates' Red-Hot Atmosphere

Mikel Arteta has transformed the atmosphere at Arsenal's Emirates Stadium, implementing various ini…
The LeadIt's being billed as the biggest Premier League game ever hosted at the Emirates Stadium. Tickets for Monday's meeting with Burnley were being sold for upwards of £650 as Arsenal attempt to edge closer to being crowned champions for the first time since they said goodbye to Highbury.The Atmosphere TransformationIn an attempt to recreate the red-hot atmosphere that inspired the victory over Atlético Madrid in the Champions League semi-final, Arsenal supporters have been encouraged to arrive two hours before kick-off on Monday night to greet the team when they arrive at the stadium. "The players were in the other bus, but I could see straight away all the staff and everybody was there just looking at each other and saying: 'Wow, we've taken this to a different level,'" Mikel Arteta said this week of the Atlético experience. "The engagement, the passion, the enthusiasm of our fans in their eyes, I think that was something special."Arteta's Vision for the EmiratesTransforming the atmosphere at the ground they moved into five years before the former midfielder signed from Everton in 2011 is one of Arteta's proudest achievements. He was there during the tail end of the Arsène Wenger era, when frustrations at no longer being able to compete for the biggest prizes frequently boiled over in the stands. Arteta realised things would have to change five days before he was unveiled as Unai Emery's successor in December 2019. In his final match as an assistant to Pep Guardiola at Manchester City, Arteta was in the visitors' dugout when Arsenal found themselves trailing 3-0 to City at half-time thanks to a Kevin De Bruyne masterclass.The Empty Stadium That Inspired Change"It was the first thing because a few days before I was appointed here, I was on the other bench with Man City and that image, that feeling of the stadium, the crowd … 50% of the stadium was empty," he remembered. "It really got into me. I said: 'With this, there is no project. This is not going to work.' Unfortunately it got worse very quickly when Covid hit. After that we had to rebuild everything. But when it's harder at the beginning, then it's better. So to see that transformation and that joy in the people, it's something that is beautiful to watch."Strategic Initiatives to Ignite the CrowdFrom an initiative to no longer show the second half of matches on screens on the concourse, to the stadium announcer leaving a pause after a goalscorer's first name is read out so the crowd can respond, Arteta has left no stone unturned. It was also his idea to remove the cover from the players' tunnel at the start of this season to allow both sets of players to hear the noise of the crowd before kick-off and promote more interaction with fans. "We need to ignite the atmosphere so they can play every single ball with us because it makes such a difference," Arteta said. "We want to play and win things. That's a non-negotiable. You need to have a stadium that is able to create those moments, for sure."The Impact on Team PerformanceWhile his battle cry for supporters to "bring your lunch" for the early kick-off against Bournemouth last month did not pay off as Arsenal slumped to a defeat that opened the door for City in the title race, there has been a noticeable difference since then. Despite showing a few nerves during the narrow win over Newcastle, the fans more than played their part against Fulham and Atlético and will be expected to stay patient should things not immediately go their way against a Burnley side who only lost 1-0 to City last month, albeit that was at Turf Moor.The Value of Fan Engagement"It's supposed to be like this and especially when you haven't won for that long, it's going to be edgy," said Arteta. "And I'm very glad that now we've turned that point and we are very optimistic, but being very, very present as well. When the stadium provides that level of energy, passion and optimism, they play every single action with the team. When we have the ball, when the opponent has the ball, in every element, they live the game like that. The value of that is just infinite. I think you cannot measure it and the team becomes different."Future Plans for the EmiratesArsenal are understood to be exploring ambitious plans that could include expanding the existing 60,704-capacity of the Emirates to beyond 70,000 in the near future, with reports this week that they are in talks with Populous, the architecture firm that designed the venue in the first place. Any significant redevelopment may require a temporary move away to Wembley or elsewhere, which is a scenario that Arteta will be desperate to avoid after the progress they have made.The Two-Way Street of Fan-Club Connection"Everybody at the club is trying to give his vision, his input, his support, to try to encourage that," he said of the new atmosphere. "But especially the fans or the supporters need to provide that. I think it has to come from them, naturally. And we have to provide that as well, it goes both ways. We are constantly connected with them to try to be the best stadium in the world."
#Arsenal #Mikel Arteta #Premier League
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Politics May 18, 2026

Britain faces weeks of leadership limbo in slow-motion coup against Starmer

British Prime Minister Keir Starmer is facing a slow-motion coup from within his own Labour Party, …
The Leadership Limbo Amid all the backstabbing and plotting in Britain’s beleaguered Labour Party, one crucial fact can easily become lost in the twists and turns of the saga – embattled Prime Minister Keir Starmer has not even faced a formal challenge to his leadership yet. Instead, he is facing a slow-motion coup that could drag on for weeks, with no guarantee that the many Labour MPs who want him to be replaced as PM will succeed. In the meantime, Britain will be adrift in leadership limbo. The Pressure on Starmer Conservative Party leader Kemi Badenoch taunted Starmer last week, declaring: “The PM has shown he is in office but not in power.” This was a deliberate echo of what former chancellor Norman Lamont told Conservative Prime Minister John Major in 1993 in one of many bouts of infighting in the Tory party over the decades. The Conservatives have traditionally been far more efficient at challenging their prime ministers than Labour. Margaret Thatcher, who won three successive elections and dominated British politics in the 1980s, was forced out in 1990, and was photographed weeping as she was driven away from Downing Street. The Data Analysis Labour lost 1,498 local council seats in England on May 7, mainly to Reform and the Greens. Labour lost control of the Welsh Senedd. A YouGov poll earlier this month found Andy Burnham remains the most popular figure among Labour voters and the wider public, with a net favourability rating of +4 compared with -46 for Starmer and -28 for Wes Streeting. The Impact Analysis The differences in institutional culture and rules for a leadership challenge between the Conservatives and Labour provide part of the explanation. Labour requires 20 percent of MPs to endorse a challenger to the PM, which then triggers a leadership election decided by the party membership across the country. This means that Labour leaders can sometimes survive, despite not having the support of most of their MPs, while conversely, Conservative leaders can sometimes be toppled despite still being popular with party members and voters. The Prediction If Andy Burnham does get back into parliament, it is a virtual certainty that he will become Britain’s new prime minister. Several British newspapers have reported that, despite his public statements pledging to fight on, Starmer has privately told allies that he is listening to the voices in the party and considering setting out a timetable for leaving office. “If Andy wins Makerfield he will be carried aloft into the Westminster tearooms on the shoulders of Labour MPs,” a Labour cabinet minister was quoted as saying.
#Keir Starmer #Labour Party #Andy Burnham
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World Wide May 18, 2026

Growing Bread Queues in Gaza as Israel Restricts Fuel, Flour Imports

A shortage of flour and fuel in Gaza, caused by Israeli restrictions on imports, has led to growing…
The Bread Crisis in Gaza Standing in a long queue under the beating sun, 14-year-old Muhammed al-Roubi was waiting to buy bread. But there was a strong chance that, despite his patience, he would not get any. A flour and fuel shortage in recent weeks, brought on by Israeli restrictions on imports into Gaza, means that bakeries cannot produce as much bread as Palestinians in Gaza need. Shortages and Struggles Palestinians, the vast majority of them living displaced as a result of Israel's genocidal war on the territory, are instead forced to wait for hours in queues outside of the few remaining bakeries to get subsidised bread packages. "My uncle's family and ours live in the same house, and we share food, so we need a large amount of bread every day," said al-Roubi, who had come to the bakery with his cousin before separating and joining different queues. "That is why my cousin and I each stand in a separate line," he explained. "Some days, we return empty-handed because the bread runs out and there are too many people." The Impact of Israeli Restrictions The growing queues at the few remaining distribution points reflect the current decline in production levels, while demand continues to rise, driving increased prices and the growth of a black market. Ismail al-Thawabta, the head of Gaza's Government Media Office, said last month that the territory needs about 450 tonnes of flour per day, but that only 200 tonnes were coming in. Recent shortages stem from Israel's decision to close the crossings into Gaza on February 28, when Israel launched a joint war with the United States on Iran. The crossings partially reopened after a few days, but traffic through them has been limited. Multiple Crises in Gaza Gaza is facing multiple crises alongside the bread shortage, including a sharp decrease in cooking gas supplies, which were already limited. The provision of cooking gas, overseen by Gaza's Ministry of Economy through gas distributors and stations, has slowed from once every six weeks to once every three months due to the limited quantities Israel allows into the enclave. The price of firewood, an alternative fuel for cooking and baking, has also risen. The Future Outlook Having hardly recovered from the famine last year, Palestinians in Gaza fear that the expansion of the humanitarian crisis could mean a return to the hunger, which only ended with the October "ceasefire". "During the last famine, people were dying from hunger and for a piece of bread," said Maysar. "Did the world not see that? This crisis must be solved before it becomes worse."
#Gaza #Israel #Palestine
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World Wide May 18, 2026

Barcelona's Tourism Reversal: City Appoints Commissioner to Combat Overtourism

Barcelona has appointed its first commissioner for sustainable tourism, José Antonio Donaire, who d…
The Lead: Barcelona's Tourism ReversalAfter decades of aggressively promoting itself as a premier Mediterranean destination, Barcelona has made a dramatic shift in its tourism policy. The city has appointed José Antonio Donaire as its first commissioner for sustainable tourism, declaring that Barcelona has reached its maximum capacity for visitors and needs to manage the tourists it already has rather than attract more.The Event Details: New Policies and AppointmentsThe appointment of Donaire represents a significant change in Barcelona's approach to tourism, moving away from viewing it as an unalloyed good to recognizing its negative impacts on the city's identity and residents' quality of life. Donaire, a professor at the University of Girona and former director of its tourism research institute, has outlined several key initiatives:Transforming La Boquería market from a tourist attraction back to a market serving fresh food to locals, with plans to ban takeaway snacksRevoking licenses for 10,000 legal tourist apartments in 2028 to alleviate the housing crisisReducing cruise ship berths from seven to five, while still receiving approximately three million cruise passengers annuallyIncreasing parking fees and redirecting tourist coaches to peripheral areas to reduce day tripper numbersThe Data Analysis: Tourism Statistics and ImpactBarcelona and its surrounding provinces attracted 26 million visitors last year, a 2.4% increase from the previous year. About 65% of these visitors are classified as "leisure tourists," with the remaining being either conference attendees or "cultural visitors." The city's housing stock currently grows by approximately 2,000 homes per year, and officials hope that converting tourist apartments back to residential use could provide the equivalent of five years' housing growth.The Impact Analysis: Changing Barcelona's Identity and EconomyThe new policies mark a significant reversal for Barcelona, which has long marketed itself aggressively to tourists. The changes come in response to growing resident complaints about overtourism, which has driven up housing costs, crowded public spaces, and eroded the city's Catalan identity. The transformation of La Boquería market symbolizes this shift, as it has become emblematic of the worst impacts of mass tourism—once a haven for chefs and foodies, it has become a no-go area for most Barcelona residents.The Prediction: Future Outlook for Barcelona's TourismWhile Donaire expresses confidence in the new approach, challenges remain. Other stakeholders such as the port, airport, airlines, hoteliers, and the broader travel industry may not align with the city's new direction. Additionally, the impact of these changes may take time to materialize. However, if successful, Barcelona could become a model for other overtourism-plagued cities, demonstrating how to balance economic benefits with preserving local identity and quality of life. The city aims to achieve an equal three-way split between leisure tourists, cultural visitors, and business travelers within the coming years.
#Barcelona #Tourism #Overtourism
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World Wide May 18, 2026

Gaza's Desperate Cement Solution: Turning Rubble into Building Material

In Gaza, a network of entrepreneurs is turning rubble into cement due to Israel's blockade on const…
The Emergence of Gaza's Improvised Cement Industry In the besieged Palestinian coastal strip of Gaza, a makeshift cement industry has emerged as a desperate solution to the construction material blockade imposed by Israel. With the death toll from the past two years of Israeli bombardments exceeding 71,000 and a staggering 81% of all structures in the Gaza Strip damaged or destroyed, the need for building materials is critical. The Process of Turning Rubble into Cement Ibrahim al-Aloul and his colleagues work tirelessly in a cramped tent, sifting and grinding rubble into a usable cement powder. This powder is then mixed with gypsum, calcium, and binding agents to create a substitute cement. The final mixture is roughly 60% cement dust, 15% lime, 10% gypsum, 10% calcium, and a bonding agent. The Economic and Environmental Impact The blockade on cement and building materials has been in place since 2007, with Israel citing security concerns for certain items. The UNOSAT satellite imagery reports that approximately 81% of all structures in the Gaza Strip had been damaged, with more than 123,000 destroyed outright. The UN estimates that the destruction generated 61m tonnes of rubble. The Challenges and Limitations While this improvised cement provides a vital solution, it is not without its challenges. The product fails under rigorous testing and is not suitable for structural use. Despite these limitations, for a population largely destitute and facing prolonged displacement, it offers a semblance of stability. The Future Outlook The October 2025 ceasefire agreement mandated the resumption of humanitarian aid and reconstruction materials. However, OCHA reports that reconstruction efforts are severely delayed due to continued bans on 'dual-use' items. Until a more permanent solution is found, Gaza's improvised cement industry will remain a critical, albeit temporary, fix.
#Gaza #Palestine #Cement
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Business May 18, 2026

Crime Increasingly a 'Serious Barrier' to UK Growth, Say Business Leaders

UK business leaders are warning that crime has become a 'serious barrier' to economic growth, with …
The Growing Threat of Business Crime in the UKUK business leaders are issuing a stark warning that crime has become an increasingly "serious barrier" to growing Britain's economy, with two-fifths of companies experiencing some form of criminal activity in the past year. The British Chambers of Commerce (BCC) is calling on the government to provide "a step change in the support businesses can count on" as businesses face rising levels of theft, fraud, and cyber-attacks.Rising Crime Statistics Across Business SectorsThe BCC's research, based on a survey of 1,411 firms, reveals that crime against businesses is widespread and growing. Key findings include:Two-fifths of companies experienced some form of crime in the past yearOne-fifth of companies faced fraud or scams21% experienced cyber-attacks50% of manufacturing companies reported business crime, making it the hardest hit sectorLarger companies are more vulnerable, with 58% of firms employing more than 250 people experiencing crime, compared to 32% of microbusinessesRetail businesses have been particularly affected by shoplifting, with police-recorded incidents rising 20% year on year to reach 516,971 offences in the year to December 2024, exceeding 530,000 by March 2025.Financial Impact on Major CompaniesThe financial consequences of business crime have been substantial, with several high-profile companies suffering significant losses. The hack of Jaguar Land Rover alone is estimated to have cost the UK economy £1.9bn, potentially making it the most costly cyber-attack in British history. Marks & Spencer took a £324m hit to profits after being forced to close its website to orders for more than six weeks following a damaging cyber-attack. Other major companies affected include the Co-op and Booking.com.Industry-Wide Consequences and Economic ImpactCrime against businesses is creating "structural barriers to growth" according to the BCC, forcing companies to divert crucial time and money away from expansion and investment. The impact spans across sectors, from retail and manufacturing to tradespeople experiencing surging tool thefts that threaten their ability to operate. As Ellis Shelton, a policy manager at the BCC, noted, "Bosses are being forced to divert crucial time and money to tackling this anchor on growth."The rising sophistication of criminal activities, particularly in cybercrime and fraud, has left many businesses struggling to keep pace with security measures, especially small and medium-sized enterprises with limited resources.Call for Government Action and Future OutlookIn response to the growing threat, the BCC has called for several specific measures from the government:Creation of a cyber-attack reporting system for companiesEstablishment of regional business crime hubs bringing together police and business crime reduction partnershipsExpansion of cyber and fraud resilience support for small and medium-sized businessesMore incentives for companies to invest in securityWithout decisive action, business crime is likely to continue hampering UK economic growth, with the most sophisticated threats potentially targeting larger companies with greater resources. The BCC's warning suggests that addressing business crime must become a priority for policymakers if the UK is to overcome this "serious barrier" to economic expansion.
#British Chambers of Commerce #UK businesses #Cyber-attacks
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