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World Economy Mar 30, 2026

Severe Thunderstorms Bring Heavy Rainfall to UAE and Saudi Arabia

Severe thunderstorms have brought heavy rainfall to the UAE and Saudi Arabia, causing widespread fl…
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.
#thunderstorms #flooding #rainfall
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World Economy Mar 29, 2026

UK Hospitality Sector on Brink of Collapse as Costs Surge

One in five UK hospitality businesses fear collapse in the next 12 months due to surging costs, inc…
The UK hospitality sector is facing a crisis in confidence, with one in five businesses fearing collapse in the next 12 months. The impending cost crunch has left the sector warning of multiple business failures unless the burden is 'dramatically reduced'.From Wednesday, many pub, restaurant, and hotel companies will face a higher bill for business rates paid to their local authority, while an increase in minimum wage thresholds takes effect on the same day. The survey respondents, who operate more than 20,000 venues, cited increased employment costs as their top worry, followed by business rates and inflation in the cost of food and drink.UKHospitality estimates that the increase in the national living wage and national minimum wage will result in an extra £1.4bn in costs for the sector. The organisation also expects most of its members to pay more in business rates, with the average hotel in England facing a 30% increase worth £28,900, and the average restaurant facing a 15% increase worth £1,800.The sector is calling for the government to dramatically reduce the cost burden, warning that too many businesses are simply not making any money, and that the only result is lost jobs and business closures. 'Hospitality can be a driving force of growth and jobs, but only if its costs of doing business are dramatically reduced,' said UKHospitality in a joint statement with industry bodies.
#business #more #costs
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Politics Mar 28, 2026

Search Underway for Missing Aid Boats Bound for Cuba

A humanitarian aid convoy from Mexico to Cuba has gone missing with two sailboats and nine people o…
Mexico's Navy and the United States Coast Guard are conducting a search for two missing sailboats that were part of a humanitarian convoy to Cuba. The vessels, which departed from Isla Mujeres in Mexico on March 20, were expected to arrive in Cuba on Tuesday or Wednesday of this week. Nine people were on board the two sailboats, which were organised by the Nuesta America Convoy. The convoy has accused the US government of 'strangling' Cuba by cutting off fuel, flights, and critical supplies for survival. Cuban President Miguel Diaz-Canel expressed anxiety about the fate of the boats, stating that Cuba is doing everything possible to search for and rescue those on board. The US Coast Guard initially reported that the boats had been located, but later retracted the statement. Search efforts are currently being led by Cuba and Mexico, but the US Coast Guard has stated that it is prepared to provide support if requested. The convoy comes in response to worsening humanitarian conditions in Cuba, which has largely been cut off from foreign oil supplies since January. The US has imposed an oil blockade on Cuba, which has led to a humanitarian crisis on the island. The blockade was tightened by the Trump administration, which has signalled its desire for regime change in Cuba. Mexico and other countries have increased their humanitarian aid to Cuba amid the crisis, with Mexican President Claudia Sheinbaum sending ships laden with supplies. The Nuestra America Convoy initially sent several ships to Cuba last Friday, with one arriving safely in Havana on Tuesday with 14 tonnes of food and medicine.
#Mexico #Cuba #US Coast Guard
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World Economy Mar 27, 2026

Fuel Price Surge Amid Iran Crisis Leaves Manila Streets Empty

The ongoing crisis in the Strait of Hormuz has led to a surge in fuel prices, causing a significant…
Manila, Philippines, is experiencing a rare phenomenon - empty streets. For years, the city's transport congestion has been notorious, ranking worst globally in 2024, according to the TomTom traffic index. However, a 26km drive from the Manila airport to the Quezon City Hall now takes just 45 minutes, instead of the typical two hours, according to Google Maps.The reason behind this sudden change is the surge in fuel prices following the United States and Israel's joint military operation against Iran almost a month ago. This has resulted in a significant decrease in vehicular traffic, with fewer buses, jeepneys, and ride-hailing vehicles plying the streets.The impact is being felt by vendors and transport workers, such as Ruben, a 27-year-old parking attendant, who earned less than half his usual collection on a typical Wednesday. Emily Ruado, a 59-year-old paper napkin vendor, also reported a decline in her daily income from $10 to $5.The financial difficulties faced by individuals like Ruben and Emily reflect a bigger headache for the Philippines, as worries of a sharp increase in prices of basic goods and sudden loss of employment for thousands of people could quickly lead to a stagnating economy. The country's GDP growth rate of 5 percent is now becoming more unlikely.The surge in fuel prices has also exposed the acute insufficiency of Manila's limited railway network, with commuters swelling during rush hour at metro stations. This highlights the need for improved infrastructure and the multibillion-dollar infrastructure corruption scandal still roiling the country.
#philippines #manila #economy
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News Mar 27, 2026

Iran Rejects US Proposal, Demands Compensation and Security Guarantees Amid Ongoing Conflict

Iran has formally responded to the US's 15-point plan to end the war, asserting its right over the …
Iran has formally responded to the US's proposal to end the nearly month-long war, asserting its 'natural and legal right' over the Strait of Hormuz. The Islamic Revolutionary Guard Corps-affiliated Tasnim news agency reported that Iran had sent its official response on Wednesday night and was awaiting a response.The Iranian response appears to contradict US President Donald Trump's claim that Tehran was 'begging to make a deal'. Instead, Iran has laid out conditions that signal a continued hardening of its position, including an end to 'aggressive acts of assassination', compensation and war reparations, measures to ensure 'war does not recur', and an end to hostilities from 'all resistance groups that took part in this battle throughout the region'.US special envoy Steve Witkoff claimed on Thursday that Tehran was seeking an 'off-ramp', with signs that Iran had realised there was no alternative to negotiation. However, the source cited in Tasnim's report slammed the US proposal, claiming that Washington sought to 'deceive the world' by presenting a peaceful image while preparing for 'ground invasion'.Trump posted on Truth Social that he would pause attacks on Iran's energy infrastructure for 10 days until April 6, claiming Tehran requested the move amid 'ongoing' talks that were 'going very well'. He also claimed that Iran was 'begging to make a deal', saying 'We are absolutely obliterating Iran' and that Iranians were 'lousy fighters, but great negotiators'. The economic and humanitarian toll of the conflict continues to mount, with Iran effectively blocking the Strait of Hormuz, leading to fuel shortages worldwide.
#iran #war #trump
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News Mar 26, 2026

Bangladesh Bus Accident: 24 Dead as Vehicle Plunges into Padma River

A bus carrying 40 passengers lost control and plunged into the Padma River in central Bangladesh, r…
A devastating bus accident occurred in central Bangladesh on Wednesday, resulting in at least 24 fatalities. The bus, which was carrying 40 passengers, lost control while approaching a ferry at Daulatdia in Rajbari district, about 100km from Dhaka.The bus sank nearly 9 metres into the river, making rescue efforts challenging. Rescuers recovered 22 bodies from inside the submerged bus, including five children, 11 women, and six men. Two more women died later after being rescued.Search and rescue efforts were led by four fire service units and 10 divers, supported by the army, police, coastguard, and local authorities. Officials fear that more passengers may still be missing.The accident highlights the poor road safety record in Bangladesh, where hundreds of people die each year in road and ferry accidents. The World Health Organization estimates that over 31,500 traffic-related deaths occur annually, translating to more than 85 deaths per day in the country of 170 million people.Deadly crashes are relatively common in Bangladesh due to poor roads, badly maintained vehicles, and reckless driving. The country's Road Safety Foundation reported over 200 deaths during the recent Eid holidays, including a train-bus collision that killed 12 people.
#bus #river #people
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News Mar 26, 2026

Israel Strikes Down Iranian Naval Commander Alireza Tangsiri

Israeli Defence Minister Israel Katz confirmed that an Israeli air strike killed Alireza Tangsiri, …
Israeli Defence Minister Israel Katz confirmed that an Israeli air strike killed Alireza Tangsiri, commander of Iran's Islamic Revolutionary Guard Corps (IRGC) navy, on Wednesday night. Katz stated that the assassination targeted other 'senior officers of the naval command'.Katz described Tangsiri as the man 'directly responsible for the terrorist operation of mining and blocking the Strait of Hormuz to shipping'. He added that Tangsiri was 'blown up and eliminated'. Tangsiri was a 'well-known commander' who shaped Iran's naval doctrine and developed drones for military maritime use. He was also involved in overseeing Iran's efforts to assert control over the Strait of Hormuz by blocking some vessels.Since the start of the US-Israel war on Iran on February 28, Israel has announced the assassination of several top Iranian officials. The civilian toll is significant, with at least 1,937 people killed, including 452 women and children, and 24,800 injured, according to Iran's Deputy Health Minister Ali Jafarian.Admiral Brad Cooper, commander of US Central Command, said the assassination of Tangsiri 'makes the region safer'. US forces have destroyed about 92 percent of Iran's large naval vessels in ongoing operations.
#iran #israel #irgc
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Economy Mar 26, 2026

Iran-US Tensions Drive Oil Prices Above $104 as Tehran Denies Talks

Oil prices surged nearly 2% to over $104 per barrel as Iran denied talks with the US, dampening hop…
Oil prices have climbed higher amid fading hopes of deescalation in the Iran war following Tehran’s denial that talks with the United States are under way.Futures for Brent crude, the international benchmark, rose nearly 2 percent on Thursday to top $104 per barrel after Tehran dismissed reports of direct negotiations with US President Donald Trump’s administration.The rise comes after oil prices eased on Wednesday following reports that Trump had shared a 15-point plan for ending the war with Iran.Iranian Foreign Minister Abbas Araghchi said in an interview with state media aired on Wednesday that Tehran was not engaged in direct talks with Washington and has “no intention of negotiating for now”.White House Press Secretary Karoline Leavitt warned on Wednesday that Iran would be “hit harder” than ever before if Tehran did not accept military defeat.Iran’s effective closure of the Strait of Hormuz, a conduit for one-fifth of global oil supplies, and its attacks on energy facilities across the Middle East have prompted a surge in energy prices worldwide.Oil prices are up more than 40 percent compared with before the US and Israel launched strikes on Iran on February 28, prompting numerous countries to implement fuel rationing and other energy conservation measures.Market-watchers say prices are likely to rise further until shipping is free to traverse the strait, despite efforts by countries to bolster supply by tapping emergency stockpiles in coordination with the International Energy Agency.While Tehran has repeatedly claimed that the strait is open to ships that are not aligned with its enemies, daily transits have all but collapsed since the start of the conflict.Four vessels were tracked transiting the waterway via their automatic identification systems on Tuesday, down from an average of 120 daily transits before the conflict, according to maritime intelligence firm Windward.
#Crude Oil #Brent #WTI
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Technology Mar 26, 2026

Star Wars C-3PO Head Sells for Over $1 Million at Auction

A light-up C-3PO head used in Star Wars: The Empire Strikes Back has sold for over $1 million at an…
A light-up C-3PO head used in Star Wars: Episode V – The Empire Strikes Back has fetched more than $1 million at an auction. The prop was part of a collection of film and TV memorabilia that went under the hammer on Wednesday as part of the Spring Entertainment Memorabilia Live Auction at Propstore auction house in Los Angeles.It is the only known example of the fictional droid’s head to appear on the collector market and sold for $1,058,400 (£790,440 or A$1,519,259), having received a pre-sale estimate of $350,000 to $700,000.The C-3PO head was the top lot at the auction, which also saw the harpoon gun used by the actor Robert Shaw in Jaws, accompanied by its original case, fetch $327,600.Elsewhere, a Wilson volleyball used by Tom Hanks in 2000’s Cast Away sold for $189,000 after receiving a pre-sale estimate of $150,000 to $300,000.The auction also featured broken pieces of a sword used in The Lord Of The Rings, which sold for $252,000.The first day of the auction fetched $6.5 million and also included items such as a golden ticket from the 1971 film Willy Wonka & the Chocolate Factory.Brandon Alinger, Propstore’s chief operating officer, said: “We’ve seen a strong start to the auction, with competitive bidding right from the outset.“At Propstore, Star Wars material continues to resonate with collectors and the C-3PO head from The Empire Strikes Back was a real highlight of the day.“The Jaws collection also delivered an impressive overall result, coming just after the film’s 50th anniversary and reflecting its enduring appeal with collectors.“With such a diverse lineup of material still to come, we’re excited to see how the rest of the auction unfolds.”The final day of bidding, 27 March, will be dedicated to animation, with more than 200 lots celebrating the artistry of animation in film and television.
#auction #head #used
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