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Average private rents across Great Britain have halted their near‑decade‑long climb, with the typical advertised rent outside London remaining at £1,370 per month during the first quarter of 2026, according to Rightmove data.That flat reading marks the first time since 2017 that rents have not risen in the opening three months of a year compared with the end of the previous year, signalling a potential easing of the chronic affordability squeeze that has plagued tenants.Rightmove warned that many renters are now hitting the “ceiling” of what they can afford, a trend compounded by broader cost‑of‑living pressures. Estate agent Jeremy Leaf noted that the Iran war that began on 28 February has heightened tenants’ financial anxieties.Conversely, the conflict has spurred a modest influx of migrants from the Middle East, bolstering demand in the “prime” rental segment, according to Chestertons.Rightmove’s property expert Colleen Babcock cautioned that the war’s immediate impact is an increase in borrowing costs for landlords, which could later translate into higher rents.In response to the softening market, landlords are “positioning rents correctly for the current market.” About 26 % of rental listings have been reduced in price while advertised – the highest proportion recorded since Rightmove began tracking this metric in 2012.After years of demand outstripping supply, the market now shows signs of balance: the number of homes available for rent is 3 % higher than a year ago, and supply is at its strongest level for this time of year since 2021.London’s average advertised rent rose modestly by 0.7 % to £2,736 per month, still below the record peak reached in the summer of 2025.The sector is also bracing for regulatory change. The Renters’ Rights Act, effective 1 May 2026, will abolish Section 21 of the Housing Act, ending “no‑fault” evictions. Charities have warned of a potential surge in last‑minute evictions ahead of the deadline, but Rightmove reported no noticeable increase in newly listed rentals before the law takes effect.Analysts view the pause in rent growth as a temporary relief for tenants, yet warn that higher financing costs for landlords and the upcoming tenancy reforms could reignite upward pressure later in the year.

A New York jury has ruled against Ticketmaster and Live Nation, finding that the concert giant and its subsidiary had a harmful monopoly over big concert venues. The verdict is a significant loss for the companies, which were sued by dozens of states in the US over claims of anticompetitive practices.The jury deliberated for four days before reaching its decision, which could cost Live Nation and Ticketmaster hundreds of millions of dollars. The companies were found to have overcharged consumers in 22 states by $1.72 per ticket. The verdict also opens the door for potential penalties and sanctions, including court orders to divest some entities, such as venues.The civil case, initially led by the US federal government, accused Live Nation of using its reach to smother competition by blocking venues from using multiple ticket sellers. The company's lawyers argued that it is not a monopoly, saying that artists, sports teams, and venues decide prices and ticketing practices.Live Nation Entertainment owns, operates, controls booking for, or has an equity interest in hundreds of venues. Its subsidiary Ticketmaster is widely considered to be the world's largest ticket-seller for live events, controlling 86 percent of the market for concerts and 73 percent of the overall market when sporting events are included.The verdict marks a significant victory for fans and some artists who have long complained about Ticketmaster's high fees and limited competition. The company has faced criticism from artists such as Pearl Jam, which battled the business in the 1990s and filed an antimonopoly complaint with the US Department of Justice.

Brazil's Federal Police have launched an investigation into Flavio Bolsonaro, a right-wing presidential candidate, for allegedly issuing defamatory statements against his election rival, President Luiz Inacio Lula da Silva. The probe was ordered by the Supreme Court's Justice Alexandre de Moraes and relates to posts Bolsonaro published in January.In the posts, Bolsonaro responded to the news of Venezuelan President Nicolas Maduro's abduction by the US with insinuations linking Lula to crimes. He wrote that Lula will be exposed and predicted the collapse of the left-wing alliance known as the Sao Paulo Forum due to scandals including international drug and arms trafficking and money laundering.Brazil's penal code considers defamation a criminal offence, with prosecutors able to seek heightened penalties for defamation against presidents or heads of state. The Federal Police have 60 days to carry out their initial investigation.The development comes as Bolsonaro and Lula are in a neck-and-neck race for the presidency ahead of October's general election. A recent poll showed Lula slightly ahead in the first round with 37% of the vote compared to Bolsonaro's 32%, but Bolsonaro polls slightly ahead in a one-on-one contest.Flavio Bolsonaro, a senator for Rio de Janeiro and the eldest son of former President Jair Bolsonaro, entered the 2026 presidential race with his father's endorsement. He has suggested that seeking his father's freedom would be part of his campaign.

A Pakistani delegation headed by Army Chief General Asim Munir arrived in Tehran on Wednesday, bearing a fresh message from Washington and urging the launch of a second round of negotiations between the United States and Iran. The effort comes as the two‑week ceasefire that halted hostilities last week is set to expire on April 22, leaving a narrow window to end a war that has claimed more than 4,000 lives across the Middle East, primarily in Iran and Lebanon. The initial round of talks, held in Islamabad on April 11‑12, marked the most significant direct engagement between Washington and Tehran in decades. Mediated by Pakistan, the sessions lasted over 20 hours and featured both indirect and direct exchanges between U.S. Vice President JD Vance and senior Iranian officials led by Parliament Speaker Mohammad Bagher Ghalibaf. Despite covering core issues—nuclear programme, sanctions relief, frozen assets and control of the Strait of Hormuz—the talks concluded without a memorandum, with Vance asserting that Iran “did not accept our terms” and that the U.S. requires a “fundamental commitment” to forego nuclear weapons. President Donald Trump has described the conflict as “very close to being over” and hinted that a second round could resume within days, possibly in Islamabad. However, Pakistan’s Prime Minister Shehbaz Sharif is currently on a four‑day tour of Saudi Arabia, Qatar and Turkey to rally regional backing, making a rapid return to Islamabad uncertain. U.S. officials have offered an “in‑principle” agreement to extend the ceasefire, yet a Reuters‑cited source confirmed that Washington has not formally committed to an extension. Meanwhile, Turkish President Recep Tayyip Erdogan expressed optimism, stating that “there can be no negotiating with clenched fists.” Key sticking points remain: Nuclear programme: The United States and Israel demand a complete halt to uranium enrichment, accusing Iran of weaponization despite a lack of public evidence. Iran maintains its enrichment is for civilian use and cites its obligations under the 1970 Non‑Proliferation Treaty. Strait of Hormuz: One‑fifth of global oil and LNG passes through this chokepoint. Since the February strikes, shipping through the strait has dropped by 95 %. Iran permits passage for “non‑hostile” vessels and seeks the right to levy tolls, while the U.S. insists on unrestricted navigation. Lebanon/Hezbollah: Iran demands that Israel cease its offensive against Hezbollah. While Tehran claims the ceasefire covers Lebanon, both the United States and Israel reject this, and Israel continues attacks on Hezbollah positions. Complicating the diplomatic landscape, President Trump announced a naval blockade of Iranian ports, adding pressure on Tehran and potentially hindering any imminent talks. With the ceasefire deadline looming and regional actors issuing mixed signals, the prospects for a renewed U.S.–Iran dialogue hinge on whether Pakistan can secure a consensus among the parties before the window closes.

The frozen assets of Iran, estimated to be over $100bn, have emerged as a significant obstacle in the ongoing talks between the United States and Iran. These assets, which include revenues from oil sales frozen in foreign banks, are a vital component of Iran's economy, which has been severely impacted by sanctions imposed by the US and other nations.The sanctions, in place since 1979, have restricted Tehran's ability to access its own assets, exacerbating the country's economic woes. Mohammad Bagher Ghalibaf, the speaker of Iran's parliament, has emphasized that the release of these frozen assets is a prerequisite for any negotiations.The exact amount of frozen assets is unclear, but experts estimate it to be around $100bn, a sum that is approximately four times what Iran earns annually from hydrocarbon sales. Frederic Schneider, a nonresident senior fellow at the Middle East Council on Global Affairs, noted that this is a substantial amount, especially for a country that has been suffering under decades of US-led sanctions.The frozen assets are held in multiple countries, including Japan, Iraq, China, India, Luxembourg, and Qatar. Iran's economy is in crisis, with decades of sanctions limiting its oil exports and stalling its ability to attract investments and modernize its industry and technology. The release of these assets could provide a significant boost to Iran's economy, allowing it to address its infrastructure needs and stabilize its currency.Roxane Farmanfarmaian, academic director and lecturer in international politics at the University of Cambridge, emphasized that unfreezing Iran's assets would be significant, enabling the country to repatriate its funds earned in hard currency from oil sales and gain control over its currency fluctuations.

The United States is set to move **over 10,000 additional service members** into the Middle East before the end of April, according to officials speaking anonymously to The Washington Post. The reinforcement is intended to heighten pressure on Iran while the current cease‑fire, declared a week ago, remains in force until April 22. Approximately 6,000 troops will embark aboard the USS George H.W. Bush carrier and its escort vessels, which are transiting around Africa to join the existing carrier presence. An additional 4,200 personnel from the Boxer Amphibious Ready Group and the 11th Marine Expeditionary Unit are expected to arrive later in the month. These deployments bring the total number of U.S. forces engaged in the conflict since its start on February 28 to roughly 50,000 troops. With the arrival of the George H.W. Bush, the region will host three U.S. carriers: the newly arrived vessel, the USS Abraham Lincoln, and the USS Gerald Ford, all of which have already taken part in combat operations against Iran. Concurrently, U.S. Central Command (CENTCOM) announced on social media that its naval blockade of Iranian maritime trade is "fully implemented" and that American forces have "completely halted economic trade" to and from Iran by sea. However, maritime‑tracking data released on Tuesday showed several ships departing Iranian ports and navigating the Strait of Hormuz, suggesting the blockade’s effectiveness may be limited. Amid the military buildup, diplomatic channels remain active. President Donald Trump told The New York Post that a new round of negotiations with Iran could be convened in Pakistan within two days, following a marathon session in Islamabad that ended without a breakthrough. The previous high‑stakes talks failed to secure a lasting peace agreement, and the cease‑fire is slated to expire on April 22. According to the Washington Post sources, the fresh troop influx is designed to give the U.S. administration leverage in ongoing talks while preserving the option for "additional strikes or ground operations" if negotiations falter. This dual strategy underscores Washington’s intent to maintain both diplomatic and kinetic pressure on Tehran as the regional conflict evolves.

A high-level Pakistani delegation, led by Army Chief Asim Munir, has arrived in Tehran to facilitate fresh negotiations between Iran and the United States, with a fragile truce set to expire on April 22.The talks aim to address key issues, including Iran's nuclear program, control of the Strait of Hormuz, and compensation for wartime damages. Pakistani Interior Minister Mohsin Naqvi is also joining mediation efforts in Tehran.US President Donald Trump has expressed optimism about a potential deal, stating that the world should brace for an “amazing two days” as the war with Iran is close to over. The White House has also indicated that additional talks with Iran would likely go forward in Islamabad.Despite these developments, US military maintains its naval blockade on all Iranian ports, which Iran's military has slammed as a violation of the ceasefire. Iran has threatened to retaliate by blocking trade through the Red Sea, Gulf, and Sea of Oman if the US does not lift its blockade.Mediators are pushing for a compromise on three main sticking points – Iran's nuclear program, control of the Strait of Hormuz, and compensation for wartime damages. Sources indicate that Pakistani mediators are optimistic about a potential major breakthrough on the nuclear front.

President Donald Trump declared that the war with Iran is "very close to over," even as Washington maintains a naval blockade of the strategic Strait of Hormuz. In Washington, D.C., Israeli and Lebanese ambassadors convened for uncommon direct talks, seeking a cease‑fire while Israel pressed for Hezbollah’s disarmament. Trump also hinted at a possible second round of negotiations with Tehran, suggesting talks could resume in Pakistan within days. The United States, however, is set to let a temporary sanctions waiver on stranded Iranian oil expire, tightening economic pressure on Tehran. The International Committee of the Red Cross and Red Crescent Societies delivered its first shipment of medical supplies and humanitarian aid into Iran since hostilities began, offering a modest lifeline to civilians. Inside Tehran, minor explosions caused limited damage and injuries, underscoring ongoing instability. Iran estimates its war‑related losses at $270 billion and plans to seek reparations. On the diplomatic front, the United Nations' IAEA chief Rafael Grossi noted that the duration of any uranium‑enrichment moratorium would be a political decision, reflecting the delicate balance of future negotiations. In the United States, the Senate is poised to vote as early as Wednesday on a Democratic initiative to restrict the president’s war powers, signaling growing congressional scrutiny of the conflict. Former defence official David Sedney warned that the Hormuz blockade is backfiring, increasing pressure on Washington as global trade routes are disrupted and domestic support wanes. Meanwhile, CENTCOM Commander Admiral Brad Cooper affirmed that the blockade of Iranian ports is fully operational and that U.S. forces retain maritime superiority in the region. President Trump publicly rebuked Italy’s Prime Minister Giorgia Meloni for not joining U.S. actions against Iran, describing her stance as lacking courage. U.S. Treasury Secretary Scott Bessent announced that American forces will intercept Chinese tankers carrying Iranian oil through the Hormuz Strait, effectively cutting off Iran’s oil exports while allowing non‑Iranian cargo to pass. Israel has proposed a long‑term troop presence extending up to 8 km into southern Lebanon until Hezbollah is dismantled, and continues air strikes aimed at encircling the strategic town of Bint Jbeil. Former U.S. Assistant Secretary of State Jeffrey Feltman highlighted a growing divergence between U.S. and Israeli priorities, noting Israel’s heightened concern over Iran’s ballistic‑missile program. In Lebanon, Israeli raids have resulted in multiple civilian casualties, with reports of villages being razed in a manner likened to Gaza. Hezbollah has rejected the ongoing Israel‑Lebanon talks, while public opinion remains split between hopes for peace and opposition to negotiations. The International Monetary Fund warned that any further escalation could push the global economy toward recession. It cut its 2026 growth forecast for the Middle East and North Africa to 1.1 % from 3.9 %, citing disruptions to Gulf oil and gas exports. On the markets, stock indices rose while oil prices slipped, reflecting renewed optimism for a diplomatic resolution and the reopening of the Hormuz Strait.

US President Donald Trump has launched a scathing attack on Italian Prime Minister Giorgia Meloni, one of his key European allies, over her stance on the conflict with Iran. In an interview with the Italian daily Corriere della Sera, Trump expressed his disappointment, stating, “I’m shocked at her. I thought she had courage, but I was wrong.”Trump's criticism centers on Meloni's refusal to join the US-Israel coalition against Iran, a stance that has put her at odds with Trump. “She’s unacceptable because she doesn’t mind that Iran has a nuclear weapon and would blow up Italy in two minutes if they had the chance,” Trump said. This statement underscores the deepening divide between the US and Italy on the issue.Meloni, who has been Italy's leader since October 2022, was once considered one of Trump's closest allies in Europe. However, their relationship has soured recently. Trump noted that they had not spoken in a long time, adding, “She doesn’t help us with NATO. She doesn’t want to help get rid of a nuclear-weaponed Iran. Very sad … She’s much different than I thought,” highlighting his disappointment in Meloni's shift away from his policies.The rift between Trump and Meloni comes as Italy has suspended a defense agreement with Israel, which involves the exchange of military equipment and technology research. This move follows accusations by the Italian government that Israeli forces fired warning shots at a convoy of Italian peacekeepers in Lebanon. Tensions between Italy and Israel have been escalating, adding another layer of complexity to the situation.In response to Trump's comments, Meloni's allies and political opponents rallied to her defense. Foreign Minister Antonio Tajani emphasized Italy's commitment to Western unity and mutual respect, stating, “We are and remain staunch supporters of Western unity and steadfast allies of the United States, but this unity is built on mutual loyalty, respect, and honesty.” Elly Schlein, leader of the centre-left Democratic Party, condemned Trump's “serious lack of respect” and reiterated Italy's constitutional repudiation of war.