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Thousands of Iranians who had fled Tehran during the recent war have begun returning to their homes or workplaces, despite the fragile truce and looming anxiety over the approaching ceasefire deadline.Mehdi, a 36-year-old IT professional, is one of them. He had fled to the north with relatives in the early days of the war, but has now returned to find his home damaged by blasts, with shattered glass and blown-out bedroom window frames.The city is riddled with ruined buildings, destroyed infrastructure, and an economy in turmoil. Mehdi describes the experience of hearing missiles hit nearby: 'There's a whistling sound I hope you never hear … a missile so close that you don't know if it's going to hit your house or your neighbour's.'Many residents, especially those reliant on the internet, have lost their livelihoods due to the 45-day internet blackout imposed by Iranian authorities. This has left most of Iran's population cut off from the world, with some paying large sums to access the internet through Starlink and VPNs.Noor, an activist based in Tehran, says 10 million Iranians depend on internet access to run small businesses or make an income. The economic pressure has become unbearable, with food items and medications for patients with serious or chronic illnesses becoming difficult to find or afford.The economic crisis has worsened, with factories struggling to operate due to a lack of raw materials, construction workers losing jobs, and workplaces laying off staff or reducing their workforce.

David Miliband, former British foreign secretary and head of the International Rescue Committee (IRC), has warned that cuts to overseas aid by countries such as the US and UK will worsen global economic instability and humanitarian crises. Speaking at the International Monetary Fund and World Bank meetings in Washington, Miliband emphasized that the current global landscape is more interconnected than ever, and untended humanitarian crises can incubate political instability.Miliband expressed regret over the UK's decision to slash its aid budget under Keir Starmer's government, citing that supporting the world's poorest is morally justifiable and a 'good investment for Britain'. He also criticized the US under Donald Trump for 'abandoning' its aid program, which he believes will have far-reaching consequences for global stability.The Middle East conflict, particularly the Iran war, is expected to increase global poverty and displace millions of people. Miliband highlighted that 32.5 million people globally could be plunged into poverty due to the economic fallout from the conflict, with developing countries being hit the hardest. The closure of the Strait of Hormuz has led to soaring global energy and fertilizer prices, posing a 'food security timebomb' that could cause widespread hunger.Western governments, including the US, Germany, France, and the UK, are cutting their aid spending amid elevated borrowing and debt levels. According to the Organisation for Economic Co-operation and Development, rich countries cut aid spending by $174.3 billion in 2025, a decline of almost a quarter from 2024. Miliband argued that now is a critical time for international support, as the evidence shows that aid has a positive impact on reducing poverty.

Sudan's power grid has collapsed, leaving many towns and cities without electricity. The crisis has been worsened by the ongoing war between the Sudanese Armed Forces and the Rapid Support Forces, now in its fourth year. The country's reliance on imported fuel has been disrupted, driving up costs and further straining the economy.In Khartoum, residents like Husna Mohamed are struggling to cope with the daily burden of fetching water and managing household chores without electricity. Fuel prices have surged by over 40% in recent weeks, making it difficult for people to afford basic necessities. The Sudanese pound has also lost roughly 20% of its value against the US dollar.The economic impact is being felt across various sectors. Transport costs have risen, and food prices are increasing, with a 10-kilogramme bag of sugar rising from 28,000 to 35,000 Sudanese pounds in just one week. Merchants are hesitant to sell, waiting to see how prices will develop.Economist Mohamed al-Tayeb notes that Sudan's economy is especially vulnerable to energy disruption due to its heavy reliance on land transport and power-dependent production. The crisis is not only economic but also infrastructural, with informal and makeshift power poles causing frequent failures across the grid.Local solutions, such as solar panels and shared generators, are being implemented, but they remain partial and fragile. The crisis has exposed the limited margin for error in Sudanese households, which were already absorbing multiple shocks, including the war, currency collapse, and displacement.

Budget airline easyJet has issued a profit warning, citing the impact of the Iran conflict on fuel prices and bookings. The airline has seen fuel costs rise by £25m in the last month alone, driven by the escalating tensions in the Middle East.EasyJet expects to report an increased pre-tax loss of £540-£560m for the six months to March, up from £394m in the first half of 2024-25. The carrier typically generates most of its revenue in the second half of the year, which includes the peak summer period.The airline has hedged 70% of its fuel needs for the rest of the financial year to September, but each $100 movement in the spot price of jet fuel per metric tonne adds £40m in costs for its unhedged supply. Currently, the price is about $800 higher than before the conflict started.Chief executive Kenton Jarvis said demand remained strong in the short term, but customers were leaving it later to book due to economic uncertainty. However, he assured that fuel supplies remained normal and that any talk of having to cancel flights was pure speculation.Jarvis added that there was continued positive demand, but easyJet's financial performance had worsened year on year, impacted by the conflict in the Middle East and the competitive environment in some markets. Shares fell 3% in early trading.

"The failure is big," Liverpool midfielder Ryan Gravenberch declared after the Champions League loss to Paris Saint-Germain. The defeat not only eliminates Liverpool from Europe but also seals a season that will finish trophyless. Manager Arne Slot has repeatedly insisted that the future looks very bright for Anfield, yet the club’s reality is starkly different. A business model built on lucrative broadcasting and commercial revenues now faces a potential top‑five miss, a scenario that would be financially and reputationally humiliating for a side that spent nearly £450 million on its squad last summer. Slot’s request for three seasons to steer Liverpool’s transition is under intense scrutiny. In the past 16 days Liverpool have played five matches: three defeats, two aggregate exits totalling 8‑0, and a solitary league win sparked by 17‑year‑old Rio Ngumoha. The pattern underscores a season riddled with setbacks. Sporting director Richard Hughes observed that despite a respectable xG of 1.94 against PSG, Liverpool’s performance fell short, a symptom of deeper issues. The situation worsened when forward Hugo Ekitiké collapsed with a suspected Achilles injury in the 27th minute, likely ruling him out for the remainder of the campaign. His absence further hampers the newly assembled £320 million front line of Alexander Isak, Hugo Ekitiké and Florian Wirtz, who have barely featured together. Slot’s tactical gamble of starting Isak after a four‑month hiatus and deploying a back five at the Parc des Princes backfired. Isak managed only five touches before being substituted at halftime, illustrating that a Champions League quarter‑final is not the venue for experimentation. After the second leg, Slot attempted to inject optimism, stating, "The good thing is Alex is back" and reiterating that the club can compete with Europe’s champions on home soil. Critics argue this positivity is misplaced, especially as Liverpool scrambles through the run‑in with key players missing. With six league games remaining, a fit Isak could be the difference between securing Champions League qualification and enduring further humiliation. Both Isak and Wirtz must begin to justify their hefty transfer fees, despite recent injury concerns and underwhelming output. In a candid interview with Ziggo Sport, Gravenberch summed up the mood: "No, actually not. It’s disappointing. We have to pick ourselves up as Sunday is waiting. We still have six matches in the league and we just want to play in the Champions League next year as well." He added that the season feels plagued by setbacks—late goals conceded and missed chances—making this a tough, failure‑laden campaign from which the squad must learn.

British Chancellor Rachel Reeves has stepped up her criticism of Donald Trump's war on Iran, describing it as a 'mistake' that has destabilized the global economy and damaged living standards around the world.In a marked fraying of the transatlantic relationship, Reeves said Trump's decision to break off from diplomatic talks with Iran and launch airstrikes seemed to have left the president in a worse place than he started.“I think it was a mistake to end those [talks with Iran] and to enter into conflict, because I'm not convinced that we are safer today than we were a few weeks ago,” she told an event in Washington.Reeves' comments added to blunt criticism of Trump she made just before flying out on Tuesday, when she expressed frustration at the 'folly' of his decision to go to war without a clear exit plan.The criticism adds to an increasingly tense atmosphere between Downing Street and the White House, with Trump's attacks on Prime Minister Keir Starmer becoming increasingly personal.The IMF warned on Tuesday that a further escalation in the Iran war could trigger a global recession that would affect the UK more than any of the other G7 nations.Reeves called for the urgent reopening of the strait of Hormuz to calm global energy prices, saying the lack of clear US targets in negotiations with Iran had worsened the situation.“We had the waterway open a few weeks ago. So, if now the objective is to reopen the strait of Hormuz? Well it was open at the beginning of this conflict,” Reeves added.Reeves said she had come to the IMF meetings to “deliver that fair message” that the conflict in the Middle East was hitting living standards worldwide and required urgent de-escalation.

Aid organizations are intensifying their efforts to deliver humanitarian relief into Iran, where the ongoing conflict between the United States and Israel has resulted in a severe humanitarian crisis. The International Federation of Red Cross and Red Crescent Societies (IFRC) has successfully delivered 'life-saving' aid and medical supplies into the country, marking one of the first humanitarian shipments since the conflict began.The aid convoy, which entered Iran through Turkey on Sunday, included 200 trauma kits containing emergency medical supplies, along with tents and blankets. This shipment is critical as humanitarian supply chains into Iran have been severely disrupted, making it increasingly difficult and costly for essential medical and relief items to reach those in need.The conflict has had a devastating impact on the population, with over 3,000 people killed and up to 3.2 million displaced, according to Iranian authorities. The Turkish Red Crescent Society has also dispatched four trucks carrying 48 tonnes of aid, including emergency shelters, hygiene kits, and first-aid supplies.The International Committee of the Red Cross (ICRC) has also contributed to the relief efforts, dispatching 14 trucks from Jordan carrying household supplies for around 25,000 people. Additionally, the ICRC has donated 200 generators and 100 motor pumps to the Iranian Red Crescent Society to support relief and rescue operations.The relief efforts are crucial as air and sea routes have been blocked by the conflict, making overland crossings through Turkey and Jordan critical for aid delivery. The humanitarian crisis in Iran continues to worsen, with 3.6 percent of the population displaced and 62,000 homes destroyed, according to the Turkish Red Crescent Society's president, Fatma Meric Yilmaz.

The International Monetary Fund (IMF) has revised its global economic growth forecast downward to 3.1 percent this year, citing the impact of rising tensions between the United States and Iran on energy and food costs worldwide.The downgrade comes as Iran has retaliated against US and Israeli actions by closing the Strait of Hormuz, a critical chokepoint for oil and gas supplies, and attacking energy infrastructure in the region. This has driven up oil prices and squeezed oil and gas supplies, affecting countries reliant on these imports.The IMF's new forecast represents a slowdown from its earlier projection of 3.3 percent growth, made before the escalation of tensions. It also marks a decline from 3.4 percent growth in the previous year. The fund warns that some regions and countries will be hit harder than others.Iran's economic outlook saw one of the largest country-level revisions, with a forecast contraction of 6.1 percent in 2026, down from an initial small growth forecast. The IMF also cut GDP growth forecasts for Saudi Arabia from 4.5 percent to 3.1 percent.The IMF's Chief Economist, Pierre-Olivier Gourinchas, noted that the current hostilities in the Middle East pose significant policy trade-offs, including fighting inflation and preserving growth. The fund anticipates higher global inflation at 4.4 percent, up 0.6 percentage points from its January forecast.Experts warn that continued strains in the Strait of Hormuz could worsen inflationary pressures. For instance, a sustained $60 increase in gas prices above the average price could put the US firmly in recession territory.Oil prices have dropped on hopes of resumed talks between Iran and the US, with Brent crude futures falling to $95.02 per barrel and West Texas intermediate crude dropping to $91.84. However, prices remain much higher than before the Iran war.

Why does the war in Sudan persist three years after it began? According to the latest episode of Al Jazeera’s podcast The Take, the answer lies in the network of external actors that continue to fund and arm the warring factions – the Sudanese Armed Forces (SAF) and the Rapid Support Forces (RSF). The episode, hosted by journalist Malika Bilal and featuring political analyst Dallia Abdelmoniem, explores how regional and global rivalries have turned Sudan into a proxy battleground. With the United States and Israel engaged in a broader confrontation with Iran, and tensions in the Strait of Hormuz inflating oil prices, the cost of fuel and food in Sudan has surged, worsening an already dire famine situation. Key insights from the discussion include: Foreign financing and arms supplies keep both the SAF and RSF operational, preventing a decisive military outcome. US‑Israel‑Iran dynamics divert international attention and resources, allowing the Sudanese conflict to fester. Rising global fuel prices driven by Strait of Hormuz instability increase transport costs, making humanitarian aid more expensive and less accessible. Food price spikes exacerbate famine risk for millions of displaced Sudanese, deepening the humanitarian crisis. The podcast also notes that without a coordinated diplomatic push to address the external backers and the broader geopolitical tensions, a sustainable cease‑fire remains unlikely. Production credits go to Tamara Khandaker (producer), with contributions from Noor Wazwaz, Sari el‑Khalili, Spencer Cline, Chloe K Li, and Tuleen Barakat. Editing was handled by Alexandra Locke, while Alex Roldan provided sound design and Hisham Abu Salah and Mohannad al‑Melhem managed video editing. Listeners can follow the conversation and future episodes on X, Instagram, Facebook, and YouTube.