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Australia's government has taken swift action to alleviate the financial burden on its citizens, announcing a plan to cut petrol and diesel taxes by half from April 1 to June 30. This move comes as the international benchmark for crude oil surged above $116 a barrel, its highest level in nearly two weeks, amid the escalating conflict in the Middle East.Prime Minister Anthony Albanese made the announcement on Monday, stating that the fuel excise would be reduced by half in recognition of the 'financial stress' caused by rising energy prices. The cut is expected to reduce the cost of petrol by 26.3 Australian cents ($.18) per litre, saving motorists nearly $19 ($13) on a 65-litre (17-gallon) tank of fuel.Albanese emphasized that the government is acting to be 'over-prepared' as the impact of the war on the other side of the world plays out in Australia. The government will also suspend its charge on heavy vehicles for three months. While Australia is a major exporter of coal and natural gas, the country sources about 80 percent of its refined fuel needs from overseas.However, some critics argue that the tax cut may not have a significant impact, as petrol prices have risen by about 33 cents ($0.21) per litre in the past two weeks alone. The National Roads and Motorists' Association in Australia noted that a similar tax cut after Russia's full-scale invasion of Ukraine in 2022 was barely felt by motorists.Despite these concerns, the Australian government remains committed to supporting its citizens during this challenging time. Minister for Energy Chris Bowen assured parliament that Australia's energy supply remains secure, with all expected fuel deliveries arriving as scheduled, and that the country has 39 days of petrol in emergency stockpiles, as well as about 30 days each of diesel and jet fuel reserves.

Lonely lives, falling between the gaps, are at the heart of this 1935 psychological thriller by Rodney Ackland, adapted from Hugh Walpole's novel. It's an atmospheric period piece, but isn't entirely a stretch to reflect on our own concerns about solitude in an ageing population.The three ladies in an English cathedral town are without partners, families or much of an income. They eke out their genteel poverty in a rickety boarding house. They weren't raised to work; Miss Beringer, in desperate need of a job, can only imagine becoming a paid companion or, possibly, flower arranging.In Brigid Larmour's finely etched production, irritable passions ferment beneath the frowsty knits and beads. The characters are prey to spite and greed, nerves and night terrors. Voices are tremulous; eyes glance at a fearful future.Beringer is the new lodger: Catherine Cusack, whittled by anxiety, timidly nibbles on a scallop-edged biscuit. She is welcomed by Julia Watson's Mrs Amorest, flustered but keeping up appearances. Down to her last £10, she writes into the void to a long-absent son.The third lady is Agatha. Fruitily overblown in the novel, that's how Edith Evans played her in 1935. Abigail Thaw makes her disconcertingly eccentric: forbidding in jet black, she mocks and snaps at quivering Miss Beringer. She covets Beringer's one cherished possession – a translucent chunk of amber from a beloved female friend.It's a play of cross-hatched conversations and melodramatic plotting. Larmour's design team help turn the screw: the dank-toned house and clothes in tones of moth and cobweb, a bitter wind blowing.Ackland's plays about rackety lives are increasingly revived. He, Walpole and John Gielgud, the play's original director, were all queer artists, and it's tempting to imagine them drawn to these lives on the margins of British society. Though these ladies don't so much rage against the dying of the light as wait, fearfully, to be snuffed out.

A powerful and unusual weather pattern has unleashed severe thunderstorms across parts of the Middle East, battering countries including the United Arab Emirates and Saudi Arabia. The Arabian peninsula, typically dominated by arid desert climates, received up to 150mm of rain in just a few days.The deluge was caused by an abnormally strong jet stream, which helped a deep area of low pressure to develop north of Saudi Arabia. This, in turn, drew moist tropical air from the Indian Ocean and triggered intense storms.In Oman, hailstones as large as tennis balls fell during Wednesday evening's storms, alongside torrential rain. Doha, Qatar's capital, experienced flooding the same day.Further thunderstorms developed on Thursday evening, with a more organised line crossing the UAE and hitting densely populated areas such as Dubai and Abu Dhabi. Gusts of up to 80mph, large hail and intense lightning were reported, as heavy rainfall caused widespread flooding.A weather station on Jebel Yanas in northern UAE recorded 244mm of rainfall, with many others exceeding 100mm in just a few days, far surpassing typical annual totals of 60-100mm. The event reflects a broader global trend of storms bringing more intense rainfall as the climate warms.Attention is shifting to the Mediterranean, where a developing low-pressure system south-east of Italy is expected to bring heavy rain and thunderstorms to Greece, Turkey and other countries in south-east Europe this week.

BBC Arabic has faced sustained criticism in recent years for its selection of coverage and for featuring guests who have expressed antisemitic views on social media. However, Fiona Crack, the director of the BBC World Service, has defended the service, stating that it provides a unique and important perspective in the region.Crack argued that without BBC Arabic, the Arab world would lose one of the only independent and impartial outlets reaching nearly 40 million people in the region each week. She highlighted the service's coverage of the Gaza war, where it provided an Israeli perspective and Israeli experience that may not have been reported otherwise.The service has also been praised for reporting on serious incidents in the region that were ignored by other media, such as the big oil refinery fire in Saudi Arabia and jets that were brought down. Crack noted that many countries in BBC Arabic's region feature low down in media freedom rankings compiled by Reporters Without Borders, with Syria ranked 177th, Afghanistan 175th, Egypt 170th, the UAE 164th, and Saudi Arabia 162nd.Crack acknowledged that the service has made mistakes, but emphasized that they have apologized for them and taken steps to strengthen their systems. She also highlighted the importance of public service media in the region, stating that it is under threat and should be protected.

The US-Israel war on Iran has effectively closed the Strait of Hormuz, a critical shipping route for materials used in the production of various everyday products. As the conflict enters its fifth week, global oil shortages are forcing countries to take severe measures to conserve their reserves. While US gas prices have surged to their highest level in years, the impact of rising oil prices extends far beyond drivers. Oil is a crucial component in the supply chain, powering machines that manufacture goods and fueling trucks that transport them to stores. The price increases come at a time when many Americans are already strained by rising housing costs, grocery bills, and electricity statements. A recent Gallup poll found that a third of Americans have had to skip meals and forego other needs to afford their healthcare. Oil and Gas The average cost of gas in the US has jumped about 30% over the last month, with the national average hitting $3.97, the highest since 2023. Diesel, which fuels many trucks transporting goods, has increased by about 50%, or $1.69 more than it did a year ago. Higher diesel costs could soon affect transportation costs and grocery prices, as roughly 85% of agricultural goods are transported by trucks. The impact of oil and gas shortages on the supply chain can be categorized as first-order effects, such as higher prices at the gas pump, and second-order effects, including potential price increases for crops, semiconductor chips, and medical devices. Fertilizer Farmers are struggling as the spring growing season approaches, facing higher fertilizer costs and falling commodity prices. A third of global urea trade, a solid nitrogen fertilizer, passes through the Middle East region, with about 20% of imported fertilizer to the US coming from Qatar. Nitrogen fertilizer is critical to grow corn, which is cultivated by about 500,000 farmers in the US. The White House has promised to minimize disruptions to the US economy, with alternative sources of fertilizer being sought from around the world. Helium The conflict has disrupted the global helium supply after Iranian attacks in Qatar, the second-largest producer of helium after the United States. Helium is a key import used in aerospace, magnetic resonance imaging (MRI), and semiconductor chips that power AI. Jet Fuel Increases in oil prices could result in higher airfare and shipping costs. The price of jet fuel has doubled since the start of the war, according to the International Air Transport Association. United Airlines announced last Friday that it would have to cut flights due to the surging cost of fuel. < h2>Mortgage Rates Just as US mortgages were starting to fall in February, the average 30-year fixed mortgage rate ticked up to its highest level in months, reaching 6.22%. Mortgage rates are closely tied to the overall state of the economy, and the US Federal Reserve's decision to leave rates unchanged last week cited uncertainty in the economy, particularly with conflict in the Middle East.

A humanitarian aid flotilla, dubbed the 'Nuestra America' or 'Our America' convoy, has arrived in Cuba to alleviate the island nation's struggles amid a severe US energy blockade. The first vessel, carrying approximately 30 people, along with essential supplies such as food, medicine, solar panels, and bicycles, docked in Havana, the capital city.The convoy set out from Mexico last week and is part of a broader effort to support Cuba, which has been facing widespread blackouts and an economic crisis due to the US embargo that has been in place for decades. The energy restrictions have significantly impacted Cuba, cutting off vital economic lifelines and contributing to the current crises.US President Donald Trump's administration has been vocal about its desire for regime change in Cuba, using energy restrictions as a tool to further degrade the Cuban economy. The US blockade has resulted in a nearly total ban on petroleum imports over the last three months, exacerbating the island's energy woes.Cuba's Deputy Minister of Energy and Mines, Argelio Abad Vigo, stated that the island, which produces only about 40 percent of the fuel it needs, has gone for three months without access to vital supplies of diesel, fuel oil, petrol, jet fuel, and liquefied petroleum gas. A February YouGov poll found that 46 percent of people in the US disapprove of the energy blockade, while 28 percent support it.The humanitarian aid effort, though described as 'a drop in an ocean of need,' represents a gesture of solidarity with the Cuban people. The convoy's arrival and the participation of over 650 participants from 33 countries who arrived on the island last weekend, demonstrate international support for Cuba during this challenging time.

Europe is bracing for a potential energy crisis, with fuel rationing possible as early as April if the Strait of Hormuz, a critical passage for oil and gas supplies, remains closed. Shell's CEO, Wael Sawan, issued this stark warning at a major oil industry conference in Texas, highlighting the escalating risks to global energy supplies.The crisis, now in its fourth week, has already led to energy rationing in Asian countries and significant price hikes for jet fuel, which has doubled in price since the start of the conflict. Sawan predicts that diesel and petrol will come under pressure next, particularly as the summer driving season begins in the US and Europe.Oil prices have fluctuated, dipping back to about $100 a barrel on Wednesday after reaching highs of around $114 earlier in the week. These developments have raised concerns about the potential for a prolonged global economic recession if oil prices continue to rise, with some predictions suggesting they could hit $150 a barrel.Larry Fink, CEO of BlackRock, the world's largest asset manager, warned of profound implications for the world economy if the conflict continues to drive up oil prices. He outlined two possible scenarios: one where the conflict resolves quickly, allowing oil prices to return to pre-crisis levels of about $70 a barrel, and another where prices remain high for years, potentially leading to a stark and steep recession.Germany's economy minister, Katherina Reiche, also spoke at the conference, cautioning that energy supply scarcity could occur in late April or May if the conflict continues. She criticized Germany's decision to phase out nuclear energy and emphasized the need for greater imports of gas via super-chilled tankers from overseas.

The UK defence industry is in a state of crisis as a long-delayed military spending plan has left firms 'bleeding cash' and in 'paralysis'. The six-month delay to the defence investment plan (DIP) has resulted in some companies going bust, while others are struggling to stay afloat.Industry groups have warned that the delay has left the UK behind Germany and the US in attracting investment from global investors. The DIP, originally expected last autumn, has been repeatedly postponed amid warnings that the military faces a £28bn funding gap over the next four years.Samira Braund, the defence director of the ADS Group trade body, described the situation as 'paralysis', stating that the government has not put effective mitigation plans in place. The boss of BAE Systems, Europe's biggest defence contractor, has urged ministers to publish the plan, while some smaller firms have been forced out of business.One such company was MTE Heat Treatment, a Yorkshire-based manufacturer with just over 30 employees that helped make turbine blades for jet engines. It fell into administration in February. Andrew Kinniburgh, the head of the trade body Make UK's defence arm, warned that the delay risks deterring investment in the UK at a time when the US and Europe are also raising military spending.The DIP will show how the government plans to fund its strategic defence review, the blueprint for transforming the military amid growing threats from Russia, rising commitments to Nato and against the backdrop of the US-Israel war on Iran. Ministers accepted all the review's recommendations when it was published last June, but the head of the military, Air Chief Marshal Sir Richard Knighton, told MPs in January that defence cuts would be needed without more funding.

Iran has reportedly claimed to have downed a US F-35 fighter jet during a combat mission, a development that could challenge the aircraft's reputation as 'unkillable'. According to sources familiar with the matter, the incident occurred last week when the F-35 made an emergency landing at an airbase in the Middle East. The Iranian Islamic Revolutionary Guard Corps issued a statement saying it had targeted a US aircraft, and Iran's semiofficial Tasnim news agency released military footage purporting to show Tehran's air defence systems hitting a US F-35 stealth fighter. The F-35, manufactured by Lockheed Martin, is considered the cornerstone of Washington's aerial firepower, boasting advanced stealth technology, sensors, and high-speed computing. Its ability to gather and share data from a 360-degree camera suite and other sensors makes it a formidable asset in modern warfare. If confirmed, this would be the first time an F-35 has been struck by Iran during the ongoing conflict. Defence experts emphasize that even if the claims are true, it does not necessarily mean stealth technology is becoming obsolete, but rather that even advanced aircraft like the F-35 are not invulnerable in a dense, adaptive air-defence environment. The incident is under investigation, with the US military's Central Command stating that the pilot was in stable condition after the emergency landing. The US has not yet confirmed that the F-35 was hit by Iranian fire, with President Donald Trump stating, “We’re flying wherever we want. Nobody is even shooting at us.” This development comes amid heightened tensions between the US and Iran, with at least 13 US service members killed and roughly 200 wounded during combat operations against Iran. In Iran, at least 1,444 people have been killed and 18,551 injured since the start of the conflict.