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World Apr 09, 2026

Israel's Lebanon Bombing Sparks Global Condemnation After US-Iran Ceasefire

Israel's bombing of Lebanon, which killed over 200 people, has been widely condemned after a US-Ira…
Israel's devastating bombardment of Lebanon in the hours after a US-Iranian ceasefire was announced has been widely condemned amid global efforts to salvage the truce. The bombing, which killed more than 200 people, including strikes with heavy munitions on densely populated areas, drew outrage from the International Committee of the Red Cross and other international humanitarian organisations.Benjamin Netanyahu insisted Lebanon was not included in the Tuesday night ceasefire agreed by Donald Trump, and vowed the Israeli military would continue to strike Hezbollah targets “wherever necessary”. The Israeli prime minister said his forces had killed the secretary to Hezbollah’s leader, Naim Qassem.The US vice-president, JD Vance, backed Netanyahu, claiming the US had never agreed to the inclusion of Lebanon in the truce. However, Iran’s president, Masoud Pezeshkian, said that further Israeli strikes on Lebanon would render negotiations “meaningless”. Iran would not abandon the Lebanese people, he said.Pakistan, which led the efforts to broker a ceasefire after Trump threatened a civilisation-ending onslaught, has said Lebanon had been part of the agreement. Robert Malley, a former American envoy who led earlier US-Iranian negotiations, said: “I would trust the Pakistani mediator that Lebanon was included.The EU foreign policy chief, Kaja Kallas, said on Thursday: “Hezbollah dragged Lebanon into the war, but Israel’s right to defend itself does not justify inflicting such massive destruction.” France’s foreign minister, Jean-Noël Barrot, condemned the Israeli strikes as “unacceptable” and his British counterpart, Yvette Cooper, described them as “deeply damaging”, adding that failure to include Lebanon in the ceasefire would “destabilise the whole region”.
#israel #lebanon #hezbollah
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World Economy Apr 09, 2026

IMF Chief Predicts Permanent Global Growth Hit from Iran War Even If Ceasefire Holds

Kristalina Georgieva warned that the six‑week‑old Iran conflict will inflict lasting damage on the …
In a stark address delivered as the cease‑fire in the Iran conflict teetered, IMF Managing Director Kristalina Georgieva warned that the war will leave a permanent scar on the global economy, slowing growth beyond the IMF’s original projections for 2026. Georgieva noted that, had the hostilities not erupted six weeks ago, the Fund would have been poised to raise its 2026 growth outlook. Instead, even the most optimistic scenario now entails a downgrade, and a swift return to pre‑war conditions appears unlikely. The uncertainty surrounding the cease‑fire—exacerbated by divergent positions of Washington and Tehran—has already pushed oil prices higher, reflecting fears of continued disruptions to shipments through the Strait of Hormuz, a vital conduit for world energy supplies. According to the IMF’s upcoming World Economic Outlook, the conflict’s “scarring effects” will translate into lower living standards worldwide. The Fund had previously forecast global growth of 3.1% in 2026, a modest slowdown from 3.2% in 2025, buoyed by a tech‑driven investment surge. Georgieva emphasized that the war arrived when the economy was riding “considerable momentum” from technology investment and supportive financial markets. She outlined the mechanisms of damage: damaged infrastructure, supply‑chain interruptions, eroded confidence, and prolonged uncertainty over oil and gas production in the region. These factors will depress growth regardless of whether a peace agreement is ultimately reached. Georgieva highlighted that the most vulnerable will be net oil‑importing nations, poorer economies and small island states, which stand to feel the brunt of higher energy costs and reduced trade flows. She urged governments to avoid unilateral measures such as export bans or price controls, warning that such actions could "pour gasoline on the fire" and further destabilise markets. With many countries already carrying elevated debt levels and higher borrowing costs, the IMF chief called for targeted, temporary assistance to protect the most at‑risk households. She cautioned against broad tax cuts or blanket energy subsidies, which could stoke inflation and strain fragile public finances. Central banks, she added, should keep policy rates steady while remaining ready to act against inflationary pressures. Bank of England Governor Andrew Bailey, who also chairs the Financial Stability Board, echoed the IMF’s concerns, describing the conflict as a "very big shock" that has heightened market volatility. He stressed that the situation remains fluid and that policymakers must stay vigilant. Overall, the IMF’s message is clear: the Iran war will reshape the global growth trajectory for the foreseeable future, and coordinated, prudent policy responses are essential to mitigate its lasting impact.
#global #war #growth
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Sport Apr 09, 2026

Verstappen's F1 Future in Doubt as Key Engineer Lambiase Joins McLaren

Max Verstappen's future in Formula One is uncertain after his long-time engineer Gianpiero Lambiase…
Max Verstappen's future in Formula One has been thrown into doubt after his long-time engineer, Gianpiero Lambiase, announced that he will be leaving Red Bull to join McLaren in 2028. Lambiase has been a crucial part of Verstappen's team since 2016, playing a key role in his four world championships.The news is a significant blow to Red Bull, as Lambiase's departure comes at a time when Verstappen has been expressing disenchantment with the current F1 regulations. The Dutch driver has been vocal about his frustration with the focus on energy management, which he believes has made the racing less enjoyable.Verstappen's contract with Red Bull runs until 2028, but performance-related escape clauses could allow him to exit before then. The team has been going through a period of change, with several key figures leaving, including Christian Horner as team principal, Adrian Newey as chief designer, and Jonathan Wheatley as sporting director.Lambiase's move to McLaren will see him take on a role supporting the team principal, Andrea Stella. The British-Italian engineer has been a close ally of Verstappen, and their partnership has been highly successful. Their radio interactions during races have been closely followed, showcasing a strong professional and personal bond.The departure of Lambiase and other key figures has raised questions about the future of Red Bull and Verstappen's commitment to the team. With the current regulations and the competitiveness of the Red Bull car, Verstappen's future in F1 is uncertain.
#team #lambiase #mclaren
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World Economy Apr 09, 2026

Lidl to Add 50 UK Stores and Open First Belfast Pub as It Targets Fifth‑Place Spot in Grocery Market

Lidl plans to open 50 new UK stores and launch its inaugural pub in east Belfast, investing over £6…
Lidl announced a major expansion in the United Kingdom, pledging to open 50 new stores over the next twelve months. The rollout is part of a broader strategy to become the country’s fifth‑largest supermarket, challenging Morrisons for that slot. In a unique move, the German‑owned retailer is also constructing its first pub in east Belfast. Local licensing rules require supermarkets to acquire a licence surrendered by an existing premises, and Lidl failed the standard off‑licence test but succeeded for a pub after two nearby bars closed. The venue, set to seat about 60 patrons, will open this summer and will feature a curated selection of Lidl‑branded beers, wines, spirits and other drinks, with a focus on supporting local suppliers. Lidl GB, which already operates more than 1,000 stores across Britain, said it will invest **over £600 million** in the UK expansion. The capital injection is expected to generate **almost 2,000 jobs** as the company enlarges its warehouse and logistics network to service the new outlets. Among the first locations slated for summer openings are Abbots Langley (near Watford), Warrington in Cheshire, and Thornbury in Gloucestershire. The company reported 50 store openings planned for the coming year, up from 40 in the previous twelve‑month period, and expects **no closures** during this time. Market data shows Lidl now matches Morrisons with an **8.3% share** of the UK grocery market, achieving the fastest growth among physical grocers. In the three months to 22 March, Lidl’s sales rose **9.6%**, outpacing Morrisons’ modest **2.3%** increase, which lagged behind inflation. Over the year to February 2025, Lidl’s UK sales climbed **8.3% to £11.7 billion**, while profits more than doubled to **£156.8 million** and employee numbers rose to **11,422**. Chief Executive Ryan McDonnell emphasized the broader impact, stating, “Our expansion translates directly into high‑quality jobs and gives British suppliers the certainty they need to invest in the future.” The move has also drawn praise from Kate Dearden, the minister for employment rights and consumer protection, who highlighted the importance of such investment for community standards and fair wages. While Lidl and rival Aldi have surged ahead by offering low‑price alternatives amid a cost‑of‑living crunch, traditional giants Tesco and Sainsbury’s are responding with enhanced loyalty programmes and price‑competitive ranges to retain market share.
#lidl #morrisons #aldi
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Technology Apr 09, 2026

Meta rolls out Muse Spark, the inaugural AI model from its $14.3 bn ‘superintelligence’ team, to challenge Google and OpenAI

Meta introduced Muse Spark, the first AI system produced by its high‑cost superintelligence unit le…
Meta announced the launch of Muse Spark, the debut artificial‑intelligence model from the company’s ambitious "superintelligence" squad that was assembled last year with a multi‑billion‑dollar budget. The team, spearheaded by former Scale AI chief Alex Wang—brought on board in a $14.3 bn acquisition—has been offered compensation packages running into the hundreds of millions to attract top talent. Muse Spark is the first installment of the internally codenamed "Avocado" series. For now, the model is accessible only through Meta’s AI app and website, but Meta says it will soon supplant the existing Llama models that power chatbots on WhatsApp, Instagram, Facebook and the firm’s smart‑glasses lineup. Unlike earlier open releases of Llama, Meta has kept Muse Spark’s architecture details under wraps, offering a private preview to a select group of unnamed partners. In a blog post, Meta described the system as "small and fast by design, yet capable enough to reason through complex questions in science, math and health," positioning it as a solid foundation for future, larger versions. Independent testing shows Muse Spark narrowing the gap with leading models from Google, OpenAI and Anthropic in language and visual comprehension, though it still trails in coding and abstract reasoning tasks. The model placed tied for fourth on a comprehensive AI benchmark compiled by Artificial Analysis. CEO Mark Zuckerberg had previously cautioned investors that early releases would be modest but would demonstrate a "rapid trajectory." Wang echoed this sentiment on social media, acknowledging "rough edges" that will be refined over time and confirming that bigger variants are already in development, with some slated for open release. Beyond performance metrics, Meta hinted at commercial ambitions, embedding shopping suggestions directly into its AI chatbot to guide users toward purchasable items. With over 3.5 billion active users across its platforms, the company hopes AI‑driven personal tasks will boost engagement and create a competitive edge over rivals with smaller user bases. Practical use‑cases highlighted include estimating meal calories from a photo, virtually placing a mug on a shelf via augmented reality, and a new "Contemplating Mode" that runs multiple agents simultaneously—mirroring advanced reasoning features seen in Google’s Gemini Deep Think and OpenAI’s GPT‑Pro. Meta says this mode could, for example, help a family plan a vacation by having one agent draft an itinerary while another scouts kid‑friendly activities.
#meta #models #model
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Economy Apr 09, 2026

UK Parents Struggle to Afford Newborn Essentials Amid Rising Cost of Living

A recent study by Barnardo's reveals that 40% of UK parents struggle to afford essential items for …
A concerning trend is emerging in the UK, where four in 10 parents are struggling to afford essential items for their newborn babies. This is according to a recent survey conducted by the charity Barnardo's, which polled 2,000 parents with children under the age of five.The study found that 49% of parents felt their child had missed out on opportunities to learn or play due to the cost of living, while 44% reported that financial pressures had impacted their child's development, including speech, socializing, and physical play.In response to these findings, Barnardo's is advocating for the nationwide rollout of baby boxes, a scheme already implemented in Scotland. Since its launch in 2017, over 360,000 baby boxes have been distributed in Scotland, providing essential items such as clothes, books, and a changing mat.The charity's chief executive, Lynn Perry, emphasized the importance of such support, stating that it allows parents to focus on bonding with their baby rather than worrying about providing for them. Seven in 10 parents surveyed expressed support for making baby boxes universally available.The issue of poverty is a pressing concern in the UK, with an estimated 4 million children (27%) living in poverty. Despite the government's efforts to address this issue, including the scrapping of the two-child benefit policy, Barnardo's is calling for a greater focus on tackling poverty in the early years of life.
#Barnardo's #UK government #baby boxes
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World Economy Apr 09, 2026

Oil Prices Climb as Fragile Iran‑Israel Ceasefire Sparks Market Unease

Oil and gas prices rose on Thursday amid doubts over the newly‑brokered Iran‑Israel ceasefire, send…
Oil and gas markets rallied on Thursday as investors grappled with the shaky outlook for the two‑week Iran‑Israel ceasefire. Brent crude rose more than 2% to $96.77 a barrel, while New York light crude climbed nearly 3% to $97.23, still shy of the $100 threshold that many traders watch. The previous session had seen Brent plunge 13.29% to a four‑week low of $94.75. In the gas sector, the UK month‑ahead contract rebounded 1% to 115.35p per therm after a 15% drop the day before. European natural‑gas futures also recovered, edging toward €46/MWh from a five‑week trough of €45.30. The price uptick reflects growing scepticism about the durability of the ceasefire announced a day earlier by the United States and Iran, which included a pledge to reopen the Strait of Hormuz. UAE and Kuwait reported intercepting Iranian drones, and Iran’s parliamentary speaker accused the United States and Israel of breaching several agreement points. Iran’s Revolutionary Guards warned of a “regret‑inducing response” if Israeli strikes on Lebanon continue. The latest Israeli barrage killed at least 254 people and wounded 837, prompting the Fars news agency to note that oil‑tanker traffic through the strait had been halted. Former President Donald Trump used his Truth Social platform to threaten that U.S. forces would remain in the region until a “real agreement” is fully honoured, warning that any non‑compliance would trigger “stronger than anyone has ever seen before” military action. Asian equity markets reacted negatively: Japan’s Nikkei slipped 0.7%, South Korea’s Kospi fell 1.7%, and Hong Kong’s Hang Seng edged down 0.4%. In Europe, the FTSE 100 dipped 0.1%, Germany’s DAX fell 0.6%, France’s CAC 40 dropped 0.3%, and Italy’s FTSE MIB slipped 0.2%. The pan‑European Stoxx 600 trimmed 0.1% after a near‑4% rally the day before, while U.S. futures pointed to a lower opening on Wall Street. Deutsche Bank strategist Jim Reid noted that market stress has eased compared with 24 hours earlier, as the ceasefire news generated renewed optimism and reduced fears of a stagflationary shock. On the diplomatic front, White House press secretary Karoline Leavitt announced that Vice‑President JD Vance will lead a delegation to Islamabad, with initial talks slated for Saturday morning. Jefferies chief European economist Mohit Kumar argued that, despite its fragility, the truce is likely to hold because of the “mutually assured destruction” calculus. He added that both sides now see a ceasefire as the lesser‑evil, given the escalating costs of continued conflict and the strategic challenges of securing cheap drone interceptors and a reliable Hormuz passage.
#iran #israel #lebanon
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News Apr 08, 2026

Trump‑Backed US‑Iran Ceasefire Averts Escalation Hours Before Threatened ‘Stone Age’ Attack

In the final hours before a self‑imposed deadline, US President Donald Trump shifted from apocalypt…
As the clock ticked down to President Donald Trump’s 8 p.m. deadline to force the reopening of the Strait of Hormuz, the six‑week Middle East conflict teetered on the brink of a far more devastating escalation.Trump’s rhetoric had escalated dramatically, with his Truth Social posts warning that the United States would unleash strikes capable of “decimating every bridge and power plant in Iran” and that “a whole civilisation will die tonight.” Legal experts labeled the language as bordering on a genocidal threat.Amid the rising tension, a series of rapid developments unfolded on Tuesday:12:06 GMT – Trump announced a plan to target Iran’s civilian infrastructure, promising total destruction of bridges and power facilities.15:21 GMT – Iranian media confirmed that US strikes hit Kharg Island, the nation’s primary oil‑export hub, but reported no significant damage.15:40 GMT – In the UN Security Council, China and Russia vetoed a Bahraini resolution aimed at protecting commercial shipping in the Strait of Hormuz, arguing the draft was biased against Tehran.16:54 GMT – Qatar’s defence ministry reported a successful missile interception, while the United Arab Emirates warned of a barrage of missile and drone attacks.18:23 GMT – Iran’s envoy to Pakistan, Reza Amiri Moghadam, signalled a “step forward” after a “critical, sensitive stage,” praising Pakistan’s “positive and productive” peace efforts.19:17 GMT – Pakistani Prime Minister Shehbaz Sharif appealed to Trump to extend the deadline by two weeks, urging Tehran to keep the Strait open as a goodwill gesture.20:25 GMT – Iran warned it would target US and Gulf‑allied energy infrastructure, threatening to block regional oil and gas supplies for years.20:41 GMT – Joint US‑Israeli airstrikes struck the Amirkabir Petrochemical Plant in Mahshahr, Iran, prompting local assessments of damage.With less than ninety minutes remaining, diplomatic channels intensified. Pakistani officials, including the military chief Asim Munir, facilitated talks that culminated in a two‑week, double‑sided cease‑fire announced by Trump at 22:45 GMT. The United States claimed to have received a “workable” 10‑point proposal from Tehran.Iranian Foreign Minister Abbas Araghchi quickly confirmed the truce, stating Iran would honor it provided attacks on its territory ceased. Sharif then invited both Iranian and US delegations to Islamabad for further negotiations aimed at a permanent settlement.Early Wednesday, Trump’s tone shifted dramatically. In a Truth Social post he hailed the cease‑fire as a potential “Golden Age for the Middle East,” celebrating the pause in hostilities and the reopening of the Strait of Hormuz.The episode underscores how last‑minute diplomacy, spearheaded by Pakistan, averted a catastrophic escalation and opened a narrow window for a broader peace process in a region long mired in conflict.
#iran #pakistan #china
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News Apr 08, 2026

US Defense Secretary Hegseth Declares ‘Decisive Victory’ Over Iran as Ceasefire Opens Strait of Hormuz

US Defense Secretary Pete Hegseth proclaimed a decisive military victory over Iran, asserting that …
US Defense Secretary Pete Hegseth announced on Wednesday that the United States had achieved a "decisive" military victory over Iran, claiming the Iranian missile programme has been "functionally destroyed." Speaking alongside General Dan Caine, chairman of the Joint Chiefs of Staff, Hegseth described the operation—codenamed Operation Epic Fury—as a "historic and overwhelming" triumph that met every objective, including the dismantling of Iran’s navy, air‑defence systems and missile‑production capability. The declaration came a day after President Donald Trump stepped back from a threatened full‑scale assault on Iran, just two hours before a self‑imposed deadline for Tehran to reopen the blockaded Strait of Hormuz. The resulting cease‑fire agreement stipulates that Iran will not possess a nuclear weapon and that the United States will monitor the country’s enriched uranium stockpiles. While Hegseth emphasized that "they can still shoot here and there, but that would be very unwise," he also warned that US forces will remain in the region to ensure compliance with the two‑week cease‑fire and to oversee the safe transit of vessels through the strategic waterway. Iran’s response was equally emphatic. The Supreme National Security Council, cited by IRNA, congratulated the Iranian people on a "victory" and urged perseverance until the details of that victory are finalized. The council highlighted Iran’s alliances with the so‑called "axis of resistance" in Lebanon, Iraq, Yemen and occupied Palestine, claiming the coalition has delivered blows to the enemy over the past 40 days. At the same briefing, General Caine confirmed that US military objectives in Iran have been met, but framed the cease‑fire as a "pause" rather than a permanent end to hostilities, noting that forces remain ready to resume combat if necessary. In parallel diplomatic developments, a senior Iranian official told Reuters that Tehran could reopen the Strait of Hormuz on Thursday or Friday, contingent on a cease‑fire framework being reached ahead of a scheduled US‑Iran meeting in Pakistan. The closure of the strait has previously disrupted global oil and gas markets, making its reopening a critical economic signal. Trita Parsi, vice‑president of the Quincy Institute for Responsible Statecraft, told Al Jazeera that President Trump needed an exit from a war he described as "an absolute disaster" and that the next two weeks are "crucial" for any genuine diplomatic opening, though he cautioned that the situation is not yet resolved. Analysts note that the cease‑fire’s success will hinge on Iran’s willingness to allow unfettered navigation through the Strait of Hormuz and on US verification of Iran’s uranium holdings. The coming fortnight will test whether the declared victory translates into lasting stability in a volatile region.
#iran #hegseth #victory
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