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World Economy Apr 08, 2026

Libyan Financier Facilitated $300m in Loans for Haftar's Tripoli Offensive

A recent investigation by The Sentry reveals that Libyan businessman Ahmed Gadalla played a crucial…
A recent investigation by The Sentry has uncovered that Libyan businessman Ahmed Gadalla facilitated hundreds of millions of dollars in loans to support Khalifa Haftar's failed 2019-2020 assault on Tripoli. The report alleges that Gadalla, a key enabler for Haftar family members, secured $300m in loans from a minor bank based in Abu Dhabi, United Arab Emirates (UAE), ahead of the offensive. The months-long campaign by forces loyal to Haftar to seize the Libyan capital from the United Nations-recognised government resulted in hundreds of deaths and displaced hundreds of thousands of people. The cost of the campaign was significant, with an estimated $700 million effort mobilised upfront. The investigation suggests that the money likely helped finance operations, including payments to Russia's mercenary Wagner Group, which supported Haftar's offensive. After Haftar's offensive collapsed, the loans remained largely unpaid, leaving the Libyan public to bear the financial burden. Gadalla has faced no accountability, and the report warns that he has since expanded his influence across eastern Libya's financial system, exerting control over key banks and facilitating large-scale letter-of-credit fraud and laundering illicit profits. The Sentry's report also links Gadalla to efforts to procure and transfer military equipment to Sudan, in violation of a UN arms embargo. The group has called on Western governments to impose targeted sanctions on Gadalla and his network, warning that without concerted international action, Libya faces the continued erosion of its economic foundations.
#gadalla #libyan #haftar
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Politics Apr 07, 2026

Israel Warns Iranians Against Train Travel as Trump’s Strait of Hormuz Deadline Approaches, Prompting Regional Infrastructure Shutdowns

Israel’s military has cautioned Iranians to avoid trains and railways, signaling possible strikes b…
Israel’s armed forces posted a stark warning on X, urging Iranians to refrain from using trains or approaching railway lines until 21:00 Iran time (17:30 GMT). The message, issued on the military’s Persian‑language account, framed the advisory as a safety measure, hinting at imminent strikes on civilian rail infrastructure before U.S. President Donald Trump’s deadline to reopen the Strait of Hormuz lapses. Trump has publicly threatened to bomb Iran’s bridges and power plants if the strategic waterway remains closed, setting a deadline of Tuesday 8 p.m. EST (01:00 GMT Wednesday). In response, Tehran has pledged “devastating” retaliation against any attacks on its civilian targets. Recent Israeli air operations have intensified. New strikes hit Tehran’s residential districts and a nearby synagogue, and a petrochemical facility on Iran’s side of the South Pars gasfield—shared with Qatar—was also targeted. According to Iran’s Ministry of Health, the conflict, which began on 28 February, has claimed at least 2,076 Iranian lives over more than five weeks. Amid the escalating rhetoric, the King Fahd Causeway linking Saudi Arabia and Bahrain was suspended as a precaution against potential Iranian attacks on Saudi Arabia’s Eastern Province. The 25 km (16 mi) bridge is the sole road link for Bahrain, which hosts the U.S. Navy’s 5th Fleet. Gulf states report heightened alert levels: alarms sounded in Bahrain and the UAE, and the Saudi Ministry of Defense said it intercepted seven ballistic missiles in its eastern sector. Al Jazeera’s correspondent noted that the Gulf region has borne the brunt of the conflict. On the diplomatic front, the UN Security Council is slated to vote on a watered‑down resolution aimed at unblocking the Strait of Hormuz. The draft, seen by AFP, omits any language authorising force, but Russia and China retain the power to veto. Iran’s blockade has already rattled global energy markets, driving oil and gas prices to record highs and forcing nations to adopt austerity measures. Analysts such as Trita Parsi, vice‑president of the Quincy Institute, argue that President Trump retains the flexibility to extend the deadline without losing credibility, given his historically limited diplomatic leverage. As the deadline looms, the convergence of military warnings, infrastructure closures, and diplomatic maneuvering highlights the fragile balance between coercive pressure and the risk of broader regional escalation.
#Israel Defense Forces #Iran #Strait of Hormuz
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Politics Apr 07, 2026

Australian Ex‑Special Forces Officer Ben Roberts‑Smith Charged with Five Afghanistan War Crimes

Former Australian special‑forces soldier Ben Roberts‑Smith was arrested at Sydney Airport and faces…
Ben Roberts‑Smith, a former Australian special‑forces operative, was taken into custody at Sydney Airport on Tuesday after the Australian Federal Police (AFP) announced he faces five separate war‑crime counts linked to the killing of five individuals in Afghanistan from 2009 to 2012. The charges, each punishable by life imprisonment, allege that the victims were unarmed civilians who were not engaged in hostilities at the time of their deaths. AFP Commissioner Krissy Barrett told reporters that the prosecution will argue the victims were shot either directly by Roberts‑Smith or by subordinates acting on his orders while he was present. Barrett emphasized that the accusations stem from a "complex" investigation conducted jointly by the AFP and the Office of the Special Investigator, a probe that began in 2021. The New South Wales Local Court has scheduled a bail hearing for Roberts‑Smith on Wednesday, where he will appear before a magistrate. This arrest follows a high‑profile legal defeat for Roberts‑Smith: an Australian judge in 2023 ruled that journalists who reported he was "complicit in and responsible for the murder" of unarmed Afghan men had not defamed him, a decision upheld by the Full Court of the Federal Court in May of the previous year. Rawan Arraf, executive director of the Australian Centre for International Justice, described the development as a "significant and long‑awaited step for victims and affected communities" in Afghanistan. She added that prosecuting alleged war crimes by Australian special‑forces personnel is essential for delivering justice and for Australia to meet its international law obligations. Since the 2001 NATO‑led intervention, roughly 39,000 Australian soldiers have served in Afghanistan, supporting operations against the Taliban and other armed groups. Roberts‑Smith, who previously received the Victoria Cross for his fifth tour, was regarded as the most‑decorated living Australian war veteran before the charges. The case also revives attention on former army lawyer David McBride, who remains incarcerated for disclosing information about alleged Australian war crimes in Afghanistan. In response to Roberts‑Smith’s arrest, Senator David Shoebridge posted a brief message on X urging the release of McBride.
#Ben Roberts‑Smith #Australian Defence Force #Afghanistan War
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Politics Apr 07, 2026

US-Israeli Attacks on Iran Escalate: 39 Days of Conflict

The conflict between the US, Israel, and Iran intensifies on day 39, with increased airstrikes on I…
The conflict between the United States, Israel, and Iran has reached a critical point, with intensified airstrikes on Iranian targets, including universities and oil facilities. US President Donald Trump has warned of the “complete demolition” of Iran’s key infrastructure if the Strait of Hormuz is not reopened by a looming deadline.Iran’s military has dismissed Trump’s threats as “delusional”, saying they cannot mask what it described as US “disgrace and humiliation” in the region. Iranian missiles and drones continue to target sites across the Gulf region.US ultimatum: Trump has issued a strict deadline, threatening the “complete demolition” of Iran’s power plants and bridges by Tuesday evening (00:00 GMT, Wednesday) if Tehran does not fully reopen the Strait of Hormuz. Experts say targeting civilian infrastructure is a war crime.Iran rejects pause offer: Iran has rejected a proposal for a temporary ceasefire, arguing it would give the US and Israel time to regroup and launch further attacks. Instead, Iranian officials have put forward a 10-point proposal calling for a comprehensive and permanent end to the war.The conflict has also spread to other countries in the region, with Saudi Arabia intercepting up to 18 drones over the past few hours and Bahrain closing an important bridge linking the island nation to Saudi Arabia due to fears of attacks from Iran.The United Nations has reported that more than 1.1 million people have now been registered as displaced in Lebanon as Israel continues its ground invasion in the country’s south.
#United States #Israel #Iran
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Technology Apr 07, 2026

UK Sees Record Number of Online Sextortion Attempts by Children

The UK has seen a record number of online sextortion attempts reported by children, with 394 report…
The UK has witnessed a significant surge in online sextortion attempts reported by children, with a record 394 cases in 2025, representing a 34% increase from the previous year. The majority of victims, 98%, were boys aged 14 to 17.Sextortion involves a person being manipulated into sending explicit selfies or videos to a predator, who then threatens to publish them online unless the victim sends money or further intimate images. This crime has been linked to the suicides of several British teenagers who have taken their own lives after receiving extortion threats.Campaigners, including the Molly Rose Foundation and the Internet Watch Foundation, are calling on tech companies to take more decisive action to disrupt blackmail attempts. They argue that social media platforms, where initial grooming of victims often occurs, should introduce nudity-detection technology to prevent the spread of explicit content.The parents of 16-year-old Murray Dowey, who took his own life after being duped by criminals online, are suing Meta, the owner of Instagram and Facebook, for allegedly failing to implement adequate safeguards. The company continues to challenge the suit.The Report Remove service, which allows children to flag intimate images or videos that have appeared or could appear online, reported a 66% increase in under-18s seeking help in 2025, with 1,175 out of 1,894 reports classified as child sexual abuse material.Tech companies, including Google and Apple, have invested in protections against sextortion, but campaigners argue that more needs to be done. Google has implemented sensitive content warnings in its messaging app, while Apple has a communication safety system that warns under-18s about potentially explicit content.
#sextortion #companies #remove
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World Apr 07, 2026

UK urged to lead sanctions against Israel’s controversial E1 West Bank settlement as annexation plans advance

Diplomats and former officials call on Britain to take a decisive lead in halting Israel’s planned …
Amid growing international focus on the Iran‑Israel conflict, Israel is pressing ahead with a systematic annexation of the West Bank, centred on the contentious E1 settlement project. The plan envisions the construction of 3,400 new homes on Palestinian land, a move designed to split the territory and undermine the viability of a future Palestinian state. German Chancellor Friedrich Merz has publicly condemned the annexation drive, labeling the E1 scheme illegal. Although the war in Iran and Israel’s military actions in southern Lebanon have delayed the release of construction tenders, officials confirm that the tenders will be issued on 1 June. Criticism from the United Kingdom, Germany, France and Italy has so far failed to deter the Israeli government, which appears accustomed to rhetorical rebukes without concrete repercussions. As former EU officials note, the Union has yet to leverage its economic and diplomatic weight to stop the settlement expansion. The British Prime Minister has reaffirmed the stance of the International Court of Justice, declaring the 1967 occupation of Gaza, East Jerusalem and the West Bank unlawful. This follows the United Kingdom’s formal recognition of the State of Palestine last year, alongside France, Canada and Australia. Given its historic ties and recent diplomatic recognitions, the UK is uniquely positioned to galvanise European and Commonwealth partners. Experts propose a three‑pronged approach: first, issue a clear warning that any contractor involved in designing, building or financing the E1 settlement jeopardises its commercial interests with the UK; second, impose a comprehensive ban on UK trade in goods, services and investment linked to the settlements; and third, suspend the trade concessions granted under the UK‑Israel trade and partnership agreement for breaching its human‑rights provisions. New Prime Minister Keir Starmer is urged to embed these measures within a broader strategy to strengthen European cooperation, champion equal rights, and secure mutual security for Israelis and Palestinians. Without enforceable consequences, the illegal settlement programme is likely to expand, heightening the risk of further violence. Vincent Fean – former consul‑general in JerusalemDavid Hannay – former UN ambassadorAnn Grant – former high commissioner to South AfricaEmyr Jones Parry – former UN ambassadorDavid Manning – former US ambassadorDavid Richmond – former FCO director generalPeter Westmacott – former US ambassadorJeremy Greenstock – former UN ambassadorFrances Guy – former Lebanon ambassadorPeter Millett – former Jordan ambassadorDerek Plumbly – former Egypt ambassadorEdward Clay – former Kenya high commissionerTony Brenton – former Russia ambassadorWilliam Patey – former Afghanistan ambassadorColin Budd – former Netherlands ambassadorAnthony Cary – former Canada high commissionerAlan Charlton – former Brazil ambassadorEdward Chaplin – former Iraq and Jordan ambassadorPeter Collecott – former Brazil ambassadorRichard Dalton – former Iran ambassadorMichael Hone – former Iceland ambassadorNicholas Hopton – former Iran ambassadorPeter Jenkins – former UN (Vienna) ambassadorRupert Joy – former EU ambassador to MoroccoRobin Kealy – former Tunisia ambassadorRobin Lamb – former Bahrain ambassadorAnthony Layden – former Morocco ambassadorRichard Makepeace – former UAE ambassadorMark Matthews – former Chad ambassadorRichard Northern – former Libya ambassadorChristopher Segar – former Iraq ambassadorAdrian Sindall – former Syria ambassador
#israel #germany #palestine
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Business Apr 07, 2026

SpaceX Seeks $75 Billion Valuation in Historic IPO, Courts Retail Investors

SpaceX is preparing for a record-breaking stock market flotation, aiming for a $2 trillion valuatio…
SpaceX, led by Elon Musk, is gearing up for a historic initial public offering (IPO) that could value the aerospace and artificial intelligence company at $2 trillion. As part of its efforts to raise $75 billion, potentially the largest public offering in history, SpaceX will host an event for 1,500 retail investors in June.In a departure from the norm, the company has allocated a significant portion of its shares, up to 30%, for non-professional, non-institutional investors. This move is seen as a bid to leverage Musk's popularity among individual investors. The process will begin with a 'roadshow' to bankers on June 7, followed by the retail investor event on June 11.Bret Johnsen, SpaceX's chief financial officer, emphasized that retail investors will play a critical role in this IPO, stating that they have been 'incredibly supportive' of the company and Musk. The offering will be open to investors from the UK, EU, Australia, Canada, Japan, and Korea.The company's revenue reached $15 to $16 billion last year, with Starlink, its satellite internet service, and contracts with the US government being major contributors. Analysts predict revenues could reach $20 billion in 2026, driven by growth in satellite and space ventures.SpaceX's ambitious plans include developing datacentres in space to address energy challenges through a constant supply of solar power. The company is working on Starship, touted as the world's 'most powerful launch vehicle,' which is expected to play a crucial role in these endeavors.
#SpaceX #Elon Musk #Starlink
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World Economy Apr 07, 2026

UK Government Caps Student Loan Interest at 6% to Shield Graduates from Rising Inflation

The UK government will limit the interest rate on Plan 2 and Plan 3 student loans to 6% from Septem…
The UK government announced a modest concession for millions of graduates with Plan 2 student loans: a cap on the interest rate at 6% starting 1 September 2026.The decision is presented as a safeguard against a possible surge in inflation linked to geopolitical tensions in the Middle East, rather than a full policy reversal.The 6% ceiling will apply both to undergraduate Plan 2 loans and to postgraduate Plan 3 loans taken out by borrowers in England and Wales.For many borrowers the cap trims the current 6.2% rate by 0.2 percentage points, meaning their debt will grow marginally slower; the repayment threshold of 9% of earnings above the annual limit remains unchanged.Interest rates are normally set each academic year using the Retail Price Index (RPI), which currently sits at 3.2% and is expected to rise – the March 2026 RPI is due on 22 April and analysts anticipate a figure above the February rate of 3.6%.Ministers say the cap “removes the risk of any temporary increase in inflation causing loan balances to compound at an unsustainable rate,” protecting borrowers from rates above 6%.Prime Minister Keir Starmer has pledged to review the student‑loan system, and speculation persists that more extensive reforms could be announced later in the year.The National Union of Students hailed the cap as “a huge win” but warned that without adjustments to the repayment threshold the relief will be limited.Financial planner Ian Futcher of Quilter added that the cap offers “reassurance but not relief,” emphasizing the need for broader changes to ease graduate finances.
#interest #rate #graduates
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Sports Apr 07, 2026

Former Manchester City star Joey Barton denies GBH charge in golf club assault case

Ex‑Manchester City midfielder Joey Barton appeared via video link from Liverpool prison to plead no…
Joey Barton appeared by video link from Liverpool prison at Liverpool Crown Court to deny assaulting a man outside a north‑west England golf club.During the plea hearing, the 43‑year‑old former Manchester City and Newcastle United midfielder pleaded not guilty to causing grievous bodily harm with intent to Kevin Lynch on 8 March.The court noted that Barton’s co‑defendant, Gary O’Grady, was not required to enter a plea at this stage.Earlier proceedings revealed the defendants had been drinking with Lynch at Huyton & Prescot Golf Club before the alleged attack, after which Lynch, a former non‑league football manager and founder of the special‑education NexGen Academy, suffered serious eye injuries.Judge Andrew Menary scheduled a trial for 1 September, estimating the case will span seven days. The 15‑minute hearing also addressed administrative matters.Barton remains remanded in custody, while the judge renewed conditional bail for O’Grady, who was supported in court by several family members.In his playing career, Barton earned a single England cap and also featured for clubs such as Rangers and Marseille.
#barton #not #golf
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