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World Economy Mar 25, 2026

Global Food System on Brink of Collapse: The Dangers of Corporate Control and Lack of Regulation

The global food system is on the verge of collapse due to its systemic fragility, exacerbated by th…
The global food system is facing an unprecedented threat of collapse, much like the financial system did in 2008. The concentration of power in the hands of a few large corporations has led to a loss of diversity, redundancy, and modularity, making the system highly vulnerable to shocks.Recent data suggests that every part of this system is now highly concentrated in the hands of a few corporations, which have been consolidating both vertically and horizontally. One recent study found that the US food system has “consolidated nearly twice as much as the overall economic system”. Some of these corporations, diversifying into financial products, now look more like banks than commodity traders, but without the same level of regulation.These vulnerabilities are exacerbated by the use of just-in-time supply chains and the funnelling of much of the world’s trade through a number of chokepoints. Some people have long warned that the strait of Hormuz, alongside the Suez canal, Turkish straits, Panama canal and straits of Malacca, are critical chokepoints, whose obstruction would threaten the flow of food, fertiliser, fuel and other crucial agricultural commodities.When a system has lost its resilience, it’s hard to predict just how and when it could go down. The collapse of one corporation? The simultaneous closure of two or more chokepoints? A major IT outage? A severe climate event coinciding with a geopolitical crisis? The next step could be contagious bankruptcy and cascading failure across sectors.We know what needs to happen: break up the big corporations; bring the system under proper regulatory control; diversify our diets and their means of production; reduce our dependence on a handful of major exporting countries; build strategic food reserves, accessible to people everywhere. But there’s a problem, and it’s not just Trump. Almost all governments are beholden to corporate and financial power.The best we can hope for is that braver politicians in our own countries seek to insulate us from the worst impacts. A crucial step is to encourage a shift to a plant-based diet. People struggle to see the relevance, but it’s simple. A plant-based diet requires far fewer resources, including just a quarter of the land a standard western diet requires and much less fertiliser and other inputs.
#food #system #but
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News Mar 24, 2026

Israel's Smotrich Calls for Annexation of Southern Lebanon Amid Intensified Assault

Israeli Finance Minister Bezalel Smotrich urges annexation of southern Lebanon as Israel intensifie…
Israeli Finance Minister Bezalel Smotrich has called for the annexation of southern Lebanon, stating that the region's bombardment "needs to end with a different reality entirely", including a "change of Israel's borders".In a radio interview, Smotrich suggested that the new Israeli border should be the Litani River, a critical waterway in southern Lebanon. This comes as Israel continues its military operations in the area, targeting residential buildings and civilian infrastructure.The United Nations has warned that Israeli attacks may amount to war crimes, with over 1,039 people killed, including 118 children, and 2,876 wounded in Lebanon since early March. The conflict has also led to the displacement of over 1.2 million people, with many fleeing under threat of attack.The Israeli military has issued forced displacement orders for southern Lebanon and the southern suburbs of Beirut, prompting hundreds of thousands to flee. The World Health Organization has recorded at least 64 attacks on healthcare facilities, resulting in 51 deaths and 91 injuries.
#israel #lebanon #conflict
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Sports Mar 24, 2026

Southern Hemisphere Stars Shape European Rugby While Money Controls Global Game

The article explores the complex relationship between southern hemisphere rugby talent and northern…
More than 250 players from the southern hemisphere are now integral to European rugby, fundamentally shaping the landscape of top-flight competitions across France, Scotland, England, Italy, Ireland and Wales. These athletes, drawn from 12 nations including Chile, Zimbabwe and the Cook Islands, have been drawn north by the gravitational pull of financial security and career opportunities, with over 60 hailing from South Africa and 56 from Argentina.Their presence has transformed European rugby, both in terms of quality and the development of local players who compete alongside and against them. This southern exodus continues despite the cultural and rugby significance of these nations, creating a complex dynamic where talent flows north while the sport's soul remains rooted in the south.Fiji exemplifies this tension. While 31 Fijian players currently compete in Europe, the Fijian Drua, with 40 players on their books, recently demonstrated the passion and potential of homegrown talent by defeating the ACT Brumbies 42-27 in front of 10,000 fans in Ba. The match, played despite challenging conditions including a previously flooded pitch, showcased rugby's authentic connection with its supporters.However, this authentic expression of rugby faces an uphill battle against commercial realities. When the Nations Championship brings hemispheres together later this year, Fiji's "home" fixtures will be staged offshore – against Scotland in Edinburgh, England in Liverpool and Wales in Cardiff. Despite Fiji Rugby Union chief executive Koli Sewabu's determination to "make it feel every bit like a home game," the relocation speaks to larger priorities.The financial imperative extends beyond Fiji. At a recent World Rugby meeting, representatives from New Zealand and Australia pushed for greater tempo and less emphasis on set-piece power, only to be blocked by France and South Africa, who possess the most intimidating packs. This diminished influence reflects a broader shift in power dynamics.South Africa, despite exporting more talent to Europe than any other nation and winning four World Cups, faces significant constraints. SA Rugby's chief executive, Rian Oberholzer, acknowledged that neither South Africa nor New Zealand are presently viable World Cup hosts because they "do not generate the revenue World Rugby requires." The Rugby World Cup, he explained, "is the only revenue stream for World Rugby that must fund the whole ecosystem."Argentina faces similar challenges. The Pumas, despite being a formidable international side, struggle to host major tournaments due to the absence of a professional domestic league and the fact that all but three of their most recent squad members play in Europe.This creates a fundamental tension in modern rugby: the sport's most compelling talent and authentic experiences emerge from the southern hemisphere, yet financial decisions increasingly favor northern markets. While rugby needs these financial resources to fund competitions and maintain grassroots development, the balance between authentic connection and commercial imperatives will ultimately determine the game's future trajectory.
#Fiji Rugby #European Rugby Champions Cup #World Rugby
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Politics Mar 24, 2026

UK's Green Energy Leader Backs North Sea Oil and Gas Production Amid Energy Crisis

The head of the UK's national green energy champion, GB Energy, has surprisingly backed more North …
The UK's green energy landscape is experiencing a significant shift as Jürgen Maier, the boss of GB Energy, joins other prominent renewable energy leaders in advocating for increased North Sea oil and gas production. This move comes as the UK government faces mounting pressure to address an impending energy cost crisis. Maier, in a social media post on LinkedIn, emphasized that while more North Sea oil and gas may not directly reduce energy costs, which have surged due to escalating tensions in the Middle East, it could bring substantial economic benefits, including more jobs and higher tax revenues. He described himself as “a supporter” of a well-managed energy transition that includes “all energy,” later clarifying in a separate post that he fully supports the government’s ban on new oil and gasfield exploration licences. Maier suggested that utilizing existing fields and tiebacks—allowing new deposits to be extracted from existing infrastructure—aligns with an 'All Energy' approach. This strategy, he argues, would give supply chain companies sufficient time to transition while renewables remain the long-term goal. The comments from Maier follow similar endorsements from other green energy leaders, such as Greg Jackson, the Octopus Energy boss, and Tara Singh, the new chief executive of RenewableUK. Jackson, who sits on the Cabinet Office board, told the Daily Telegraph that the UK needs more “sovereign energy,” which requires practical decisions, including leveraging North Sea resources. Singh argued that Britain should produce more energy “of every kind” and called for taking energy out of the culture wars. Despite these calls, Energy Secretary Ed Miliband has ruled out new licences for the North Sea, though decisions on the Rosebank and Jackdaw fields, which were licensed under the previous government, are still pending. Industry sources expect these fields to be approved soon, potentially beginning production by the end of the year, which could provoke backlash from green groups. The government recently dismissed warnings from Offshore Energies UK that failing to produce more North Sea oil and gas would increase the UK's reliance on imports amid rising global instability. A government spokesperson stated that new licences would not enhance energy security or reduce bills, highlighting that oil and gas prices are set internationally. A Great British Energy spokesperson reiterated the company's focus on driving the clean energy transition to deliver a more secure and independent energy system. They emphasized that oil and gas will remain part of the energy mix for decades, and preserving the skills of oil and gas workers is crucial for a clean energy future.
#GB Energy #North Sea #oil and gas production
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World Economy Mar 23, 2026

India's Cooking Gas Shortage Triggers Mass Departure of Textile Industry Workers

A severe cooking gas shortage in India has led to a significant exodus of workers from the textile …
A cooking gas crisis in India has forced a mass exodus of workers from the country's vital textile industry, according to reports. The shortage of LPG (liquefied petroleum gas) has created significant disruptions to both household needs and industrial operations.The textile sector, which employs millions of workers across India, has been particularly hard hit as workers have been compelled to leave their jobs and return to rural areas in search of alternative cooking fuel sources. This mass migration represents a serious challenge to India's manufacturing economy and could have long-term implications for the country's industrial output.While the full extent of the crisis remains unclear, industry experts warn that the prolonged energy shortage could lead to further production shutdowns and economic instability in regions heavily dependent on textile manufacturing.
#india #cooking #gas
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World Economy Mar 23, 2026

Cape Town's Bo-Kaap Neighborhood Under Siege from Wealthy Foreign Buyers

The historic Bo-Kaap neighborhood in Cape Town, South Africa, is facing a crisis as wealthy foreign…
Cape Town's iconic Bo-Kaap neighborhood, known for its brightly colored houses and rich cultural heritage, is under threat from rising property prices and foreign investment. The area, situated at the foot of Table Mountain, has long been a hub for the city's Muslim community, with its historic mosque, Auwal Masjid, dating back to 1794.However, the neighborhood's growing popularity with tourists and investors has led to a surge in property prices, making it increasingly difficult for long-time residents to afford to stay. Foreign buyers have accounted for around $168m in property sales across Cape Town's prime property market in the past year, according to data from the Seeff Property Group.Residents say the consequences are unfolding inside the neighborhood itself, with homes that once housed generations of the same families being sold to foreign investors or converted into short-term rentals like Airbnb. Younger residents are finding it hard to remain in the neighborhood, with many being priced out of the market.The Bo-Kaap Civic and Ratepayers Association has expressed concerns about the impact of gentrification on the community, with chairperson Sheikh Dawood Terblanche stating that residents are being displaced due to rising property prices and municipal rates.The City of Cape Town has acknowledged the challenges facing neighborhoods like Bo-Kaap, citing rapid population growth and economic conditions as contributing factors. However, residents say more needs to be done to protect the community's cultural heritage and ensure that long-time residents are not priced out of their ancestral homes.
#cape #town #property
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Video Mar 23, 2026

Southern Lebanon reels from Israeli military operation as international tensions escalate

The aftermath of an Israeli military operation in southern Lebanon has created significant humanita…
Southern Lebanon is grappling with the consequences of a recent Israeli military operation, as local communities begin to assess the damage and humanitarian impact of the attack. The incident has significantly escalated tensions in an already volatile region, drawing international attention to the fragile security situation along the Lebanon-Israel border. Reports indicate that the Israeli operation targeted specific locations in southern Lebanon, though details regarding the exact nature of the targets and the extent of civilian casualties remain unclear. The aftermath has left local infrastructure damaged and displaced families seeking shelter in safer areas, according to sources familiar with the situation. p>International observers have expressed concern over the potential for further escalation in the region, given the complex web of alliances and competing interests in the Middle East. The United Nations has called for restraint from all parties and urged diplomatic efforts to prevent the situation from spiraling into broader conflict. p>The Lebanese government has condemned the Israeli action as a violation of sovereignty, while Israeli officials have characterized the operation as necessary security measures against threats originating from southern Lebanon. The conflicting narratives highlight the deep divisions that continue to characterize relations between the two neighboring countries. p>Humanitarian organizations are assessing the needs of affected communities, with concerns growing about the long-term impact on civilian populations in the region. The international community is being called upon to provide assistance and support efforts to de-escalate tensions and prevent further bloodshed in an area with a history of violent conflict.
#aftermath #israeli #attack
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World Economy Mar 23, 2026

Japan Taps Emergency Oil Reserves Amid Iran-Israel Conflict

Japan has begun releasing oil from its emergency reserves as the global energy crisis worsens due t…
Japan has initiated the release of oil from its emergency reserves in response to the escalating global energy crisis triggered by the Iran-Israel conflict. The crisis has led to the effective closure of the Strait of Hormuz, a critical waterway for global oil supplies.The decision to release oil reserves was announced on Monday through a notice published in the Japanese government's official gazette. This move follows Japanese Prime Minister Sanae Takaichi's announcement last week to unilaterally release 80 million barrels of oil from stockpiles due to supply concerns arising from Iran's threats against shipping in the strait.The International Energy Agency (IEA) has also pledged to coordinate the release of a record 400 million barrels to mitigate the market impact of the conflict. Despite these efforts, oil prices have surged, with Brent crude rising as much as 3% on Sunday before easing slightly on Monday. As of 05:45 GMT, Brent stood at $104.85 a barrel, marking a more than 40% increase since the start of the war on February 28.Japan, being one of the world's largest oil importers, relies on overseas fossil fuels for about 80% of its energy needs. The country also holds one of the world's largest oil reserves, sufficient to meet 254 days of domestic consumption. Tokyo has stated it has no plans to deploy its navy to the strait following a call from US President Donald Trump for other countries to help unblock the waterway.
#japan #iran #israel
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News Mar 23, 2026

Trump Mocks Starmer with SNL Skit as US-UK Tensions Rise Over Iran War

US President Donald Trump shared a satirical video mocking UK Prime Minister Keir Starmer's relucta…
US President Donald Trump has taken to social media to mock UK Prime Minister Keir Starmer, sharing a Saturday Night Live (SNL) skit that depicts Starmer panicking at the prospect of a call with Trump. The skit, which aired on the premiere of the new British version of SNL, shows Starmer, played by George Fouracres, trying to avoid a call with Trump.The video was shared on the same evening that Trump and Starmer spoke about the escalating tensions in the Middle East and the US-Israel war on Iran. During their call, the two leaders focused on the need to reopen the Strait of Hormuz, which has been effectively blocked by Iran since the US and Israel launched strikes on February 28.The closure of the strait has sent oil prices soaring, creating the biggest energy crisis since the 1970s. Trump has repeatedly criticized Starmer for not doing enough to support the US efforts to break the blockade, accusing him of being a 'coward' and saying he is 'disappointed' in him.Starmer has asserted that any attempt to reopen the Strait of Hormuz needs careful consideration and a viable plan, and that his number one priority is to protect British interests and de-escalate tensions. The UK government has given authorization for the US to use its military bases to carry out strikes on Iranian missile sites that were attacking ships in the Strait of Hormuz.
#starmer #trump #iran
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