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World Economy Apr 03, 2026

US Jobs Market Surges in March, Defying Expectations After February's Revised Losses

The US labor market showed resilience in March, adding 178,000 jobs, surpassing economists' expecta…
The US labor market demonstrated unexpected strength in March, with employers adding 178,000 jobs, significantly exceeding economists' predictions of around 70,000. This growth comes after a revised report showed that the economy lost 133,000 jobs in February, a worse figure than initially stated. The unemployment rate decreased to 4.3%, according to data from the US Bureau of Labor Statistics. The job figures for January were revised upward from 126,000 to 160,000. With these revisions, total employment in January and February is 7,000 lower than previously reported. Despite the positive March numbers, the overall trend in the US jobs market has been sluggish since last year. In 2025, only 116,000 jobs were added to the economy for the entire year, which is roughly the same number added per month in previous years. The slowdown in hiring is attributed to caution among employers, particularly due to consumer inflation experiencing fluctuations over the last year. US inflation dipped to 2.3% in April 2025 before rising to 3% in September. Since the start of this year, price increases have remained steady at 2.4%. The ongoing US-Israel war with Iran is expected to drive inflation higher if the situation escalates. The labor market's uncertainty is also reflected in the 'quits rate,' which fell to 1.9%, the lowest since 2020. This suggests that workers are choosing to stay in their current jobs due to uncertainty in the labor market. Adding to the economic pressure, US average gas prices recently surpassed $4 a gallon, and experts warn that every $10 increase in the price of a barrel of oil can lead to a 0.2% climb in inflation, reminiscent of the price shocks seen in 2022 following Russia's invasion of Ukraine.
#jobs #market #february
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World Economy Apr 03, 2026

French Container Ship Leads Passage Through Strait of Hormuz Amid Global Trade Tensions

Several ships, including a French container ship owned by CMA CGM, have successfully passed through…
Several ships have successfully navigated the Strait of Hormuz, a vital waterway that has been effectively closed since the start of the war in Iran. The development comes as shipping companies and international leaders work to ensure the passage of critical cargo, including oil and gas supplies that account for about a fifth of the world’s total. A French container ship owned by CMA CGM, the CMA CGM Kribi, which sails under the flag of Malta, is reported to have passed through the strait with cargo. This marks a significant development as it is believed to be the first ship owned by a western shipping line to make the journey. The blockade has led to increased oil and gas prices globally and growing concerns about food security, as a third of the global trade in raw materials for fertiliser normally passes through the strait. International leaders are expected to meet next week to discuss possible solutions, including clearing sea mines and rescuing trapped ships. The UK’s Foreign Secretary, Yvette Cooper, has stated that coordinated action is needed to pressure Iran into reopening the strait. The US President, Donald Trump, has claimed that the US could “easily” open up the strait but that it would require “a little more time”.
#strait #through #which
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World Economy Apr 03, 2026

Northern Ireland Sees Sharpest Fuel Price Surge in UK Since Iran War

Fuel prices in Northern Ireland have surged by 19% for petrol and 35% for diesel since the start of…
Fuel prices in Northern Ireland have experienced the sharpest increase in the UK since the beginning of the Iran war. Petrol prices have jumped by 19% and diesel by 35% since the end of February. A 50-litre tank now costs an average of £75 for petrol and £91 for diesel, up from £63 for petrol and £67 for diesel on 28 February.Northern Ireland previously had some of the lowest fuel prices in the UK due to tighter competition and links to Ireland. However, the gap with other regions has narrowed, with prices remaining the lowest in the UK. Across the UK, fuel prices continue to rise as the Middle East conflict shows no sign of de-escalation. Petrol prices have jumped by 16% and diesel by 30% since the start of the war.Analysis of Eurostat and UK government data reveals that only seven other European countries have recorded larger increases in petrol prices than Northern Ireland. The pattern is similar for diesel, with prices jumping by up to 44% in Estonia. In the UK, the north has seen the sharpest increase in petrol prices among English regions, with drivers paying an average of 154p a litre, up 17% from 132p a litre on the day the war broke out.Price increases in rural areas are similar to urban areas, but data shows that at least 100 stations in mostly rural parts of England and Scotland are charging between 180p and 210p a litre for petrol. The average petrol price for 10 major retailers has risen sharply, with Shell petrol stations charging an average of 158p a litre for standard unleaded petrol.Simon Williams, head of policy at the motoring services company RAC, said: “Drivers hitting the roads this Easter weekend will be faced with some truly eye-watering fuel prices.” Separate official data analysed by RAC showed that petrol prices have gone up nearly 22p a litre – or 16% – to an average of 154.45p since the beginning of the war.
#petrol #prices #fuel
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World Economy Apr 03, 2026

UK Must Resist Calls to Drill for More North Sea Oil Amid Climate Crisis

The article argues that the UK should not revisit plans to drill for more oil in the North Sea, cit…
The ongoing conflict in the Middle East has significant implications for the UK, particularly in the energy sector. Some have called for the North Sea to be exploited for its remaining oil and gas reserves, citing energy security concerns. However, the climate crisis demands immediate action to reduce greenhouse gas emissions, making it crucial to prioritize renewable energy sources.The North Sea basin is past peak production, with only limited amounts of oil and gas remaining. Moreover, the UK is struggling to meet its 2030 emissions reduction target of 68% compared to 1990 levels and is off track to achieve net zero emissions by 2050. Any revival of homegrown fossil fuel usage would undermine these efforts.The reality of the climate crisis is worsening, with record-breaking heat across the US and devastating floods in Hawaii, northern Australia, and the Gulf states. The UK has also experienced record winter rainfall and the warmest February on record in England and Wales.The article emphasizes that the world is on course to exceed the 1.5C dangerous climate change threshold within the next three years, coinciding with key climate tipping points, such as the melting of the Greenland and West Antarctic ice sheets. The rate of global heating has accelerated since 2015, and without drastic action, the 2C limit will be shattered by the late 2030s.In conclusion, the government must hold its nerve and prioritize climate action by leaving North Sea oil and gas in the ground, rather than doubling down on fossil fuel exploitation. This approach will help reduce emissions, promote renewable energy, and mitigate the worst effects of the climate crisis.
#gas #climate #oil
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Sports Apr 03, 2026

FA Cup quarter‑finals preview: Foden’s final push, Chelsea’s teenage spark and West Ham’s relegation gamble

The upcoming FA Cup quarter‑finals pit Manchester City against Liverpool, Chelsea versus Port Vale,…
Phil Foden must seize his chance as Manchester City face Liverpool on Saturday at 12:45 pm BST. After two lacklustre starts for England under Thomas Tuchel, the 25‑year‑old has recorded only one assist in his last 22 outings for club and country. Dropped below Rayan Cherki in Pep Guardiola’s hierarchy and yet to complete a full 90 minutes since January, Foden’s performance in the FA Cup could determine his future at both City and the national team.Manchester City v Liverpool – Saturday 12:45 pm BSTEstêvão Willian offers Chelsea a welcome boost. Following a Champions League exit at the hands of Paris Saint‑Germain and a heavy defeat to Everton, manager Liam Rosenior faces a must‑win against Port Vale at 5:15 pm BST. The 18‑year‑old Brazilian winger, who impressed as a substitute against Everton, could inject the speed and unpredictability Chelsea need to lift a disgruntled crowd and revive a faltering season.Chelsea v Port Vale – Saturday 5:15 pm BSTKepa Arrizabalaga gets a second chance ahead of Arsenal’s trip to Southampton. The former Athletic Bilbao keeper was at fault for the decisive goal in the Carabao Cup final, yet manager Mikel Arteta has kept him as the starting goalkeeper for the FA Cup tie. A solid performance could cement Arrizabalaga’s status as Arsenal’s long‑term No 2, while a repeat error may see him lose the role to David Raya.Southampton v Arsenal – Saturday 8:00 pm BSTWest Ham’s cup run doubles as a survival rehearsal. The Hammers host Leeds United on Sunday at 4:30 pm BST, a match that could swing the relegation battle. Despite a recent victory over Brentford, injuries – notably to winger Crysencio Summerville – threaten to undermine their league campaign. Manager Nuno Espírito Santo must balance the morale boost from the cup with the need to keep key players fit for the Premier League’s final stretch.West Ham v Leeds – Sunday 4:30 pm BST
#Manchester City #Liverpool #Phil Foden
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Sport Apr 03, 2026

Alana King’s 5‑for‑19 Powers Australia to 9‑Wicket Win and ODI Series Sweep in West Indies

Alana King’s five‑wicket spell secured a nine‑wicket victory for Australia over the West Indies, co…
Alana King’s leg‑spin dismantled the West Indies in St Kitts, delivering a decisive 5 for 19 from 10 overs and guiding Australia to a commanding nine‑wicket win.The hosts were bowled out for just 136 runs in the third and final ODI, ending a bright start with a collapse that left them 78 for five. King’s spell, her second‑best ODI figures after a 7 for 18 at last year’s World Cup, was pivotal in restricting the Caribbean side.Australia chased the modest target in under 20 overs, thanks to an explosive innings from opener Phoebe Litchfield (68* off 56 balls) and a steady contribution by veteran Ellyse Perry (33* not out). The pair steered the tourists home with ease, sealing a 3‑0 series sweep.Speaking after the match, King highlighted the team’s discipline: “We were very clinical, we nailed our lengths, and we really owned that.” She praised the collective effort of the bowling unit for holding a “very destructive” West Indian side to just about 140 runs.West Indies won the toss and elected to bat, with opener Deandra Dottin (22) and captain Hayley Matthews (34) putting on a 38‑run opening partnership. However, King struck early, catching Matthews off a sliced drive, and soon after, Jannillea Glasgow fell for a duck, leaving the visitors reeling at 78 for five.Middle‑order contributions from Chinelle Henry (40* not out) and Realeanna Grimmond (20) added some resistance, but King completed her third ODI five‑wicket haul, dismissing Afy Fletcher and Karishma Ramharack, while off‑spinner Ash Gardner chipped in with 2 for 29.Australia’s chase was swift; after reaching the target inside nine overs, the result was never in doubt. Perry accelerated the scoring alongside Litchfield, ensuring the tourists cruised to a sixth consecutive white‑ball win on the tour.With the ODI series wrapped up, Australia now turn their focus to the upcoming 2026 T20 World Cup in England, scheduling three preparatory T20s against South Africa before the tournament.
#west #australia #indies
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Sports Apr 03, 2026

Sam Kerr Reportedly Set to Leave Chelsea for US Club Denver Summit

Australian soccer star Sam Kerr is reportedly leaving Chelsea FC to join US club Denver Summit at t…
Matildas captain Sam Kerr is set to leave Chelsea FC at the end of the Women's Super League season to join expansion club Denver Summit in the United States.Kerr's future at Chelsea had been uncertain, with her contract expiring at the end of the season and little discussion of a new deal. The 32-year-old has won the Women's Super League title five times and three FA Cups with Chelsea.According to reports, Kerr has signed with Denver Summit, a significant coup for the ambitious new club. The move would mark Kerr's return to the US, where she previously played for Western New York Flash, Sky Blue FC, and Chicago Red Stars.Kerr has an American wife, former US international Kristie Mewis, and her signing would be a boon for Denver Summit, which counts US ski star Mikaela Shiffrin and NFL great Peyton Manning among its owners.The news was met with a statement from Kerr herself, who refuted the report on Snapchat, saying: “Don’t believe everything you read in the media man, they know a decision before me.” Chelsea FC subsequently retweeted her response.Kerr's potential move comes as she prepares to captain the Matildas in a pair of international friendlies in Kenya later this month.
#kerr #chelsea #club
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Sports Apr 03, 2026

Japan and Australia Demand Equal Prize Money in Women's Asian Cup

Japan and Australia, the finalists of the Women's Asian Cup, have called for equal prize money with…
Japan and Australia, the finalists of the Women's Asian Cup, have renewed calls for equal prize money with the men's tournament, directly challenging the Asian Football Confederation (AFC). The governing body has been accused of 'ignoring' previous requests.The Women's Asian Cup concluded with a historic final match between Japan and Australia, with Japan winning 1-0 in Sydney on March 21 before a record crowd of over 74,000 fans. The tournament itself made global headlines after seven members of the Iran squad sought asylum in Australia, citing 'traitor' labels at home for refusing to sing the national anthem.The $1.8m prize fund for the Women's Asian Cup is the same as in 2022, but significantly lower than the $14.8m on offer at the men's equivalent. A report by FIFPRO, the global footballers' union, indicated that the event could generate up to $82.4m in revenue. A record 350,000 fans attended the tournament during its three-week duration.In a joint statement released by FIFPRO, the Japan and Australia teams emphasized that despite the tournament's success, it remains the lowest-paying continental tournament in the world. They highlighted the significant inequality between the men's and women's game and called for equal prize money, which they believe would be 'transformational' for players and football communities across Asia.The statement also addressed the challenges faced by teams during the tournament, including the plight of the Iranian team and issues with equipment for India's players. The teams expect FIFA to honour its pledge of equal prize money for the 2027 FIFA Women's World Cup and will continue to fight for equality and respect for women players.In a related development, Japan sacked their coach, Nils Nielsen, just 12 days after their Asian Cup victory, citing his coaching style as 'lax' and 'lacking passion'.
#japan #women #cup
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News Apr 03, 2026

Human Rights Watch Accuses Burkina Faso Military and Allies of War Crimes, Citing Over 1,200 Civilian Deaths

A new Human Rights Watch report documents 57 verified incidents of war crimes by Burkina Faso’s mil…
Human Rights Watch (HRW) released a comprehensive report titled None Can Run Away, concluding that Burkina Faso’s military, its allied Volunteers for the Defence of the Homeland (VDPs), and the al‑Qaeda‑linked Jama’at Nusrat al‑Islam wa al‑Muslimin (JNIM) have perpetrated war crimes and crimes against humanity since the coup that brought the junta to power in September 2022. Through in‑person and telephone interviews with more than 450 witnesses across Burkina Faso, Benin, Ivory Coast, Ghana and Mali, HRW verified 57 distinct incidents involving wilful killing, attacks on civilians and civilian objects, pillage, looting, and forced displacement. The report estimates that 1,837 civilians were killed between January 2023 and August 2025, with over 1,200 deaths directly linked to government forces. The United Nations estimates that the conflict has displaced approximately two million people, underscoring a humanitarian crisis of regional magnitude. Among the deadliest attacks, the military and VDP militias slaughtered more than 400 civilians across 16 villages near the northern town of Djibo in December 2023. In November 2023, allied militias killed 13 Fulani civilians—including six women and four children—in the western village of Basse, employing methods described by survivors as “blindfolded, hands tied, and riddled with bullets.” JNIM’s own atrocities were highlighted by the August 24, 2024 massacre in Barsalogho, where at least 133 civilians, many of them children, were shot indiscriminately. HRW’s findings point to a systematic targeting of the Fulani ethnic group, whom the junta accuses of supporting armed insurgents, resulting in what the report characterises as an ethnic cleansing of entire communities. HRW calls for urgent investigations into President Ibrahim Traoré, the supreme commander of the armed forces, and six senior military commanders for “grave abuses.” The organization also urges scrutiny of Iyad Ag Ghaly, JNIM’s supreme leader wanted by the International Criminal Court, and four of his commanders under the principle of command responsibility. “The scale of atrocities taking place in Burkina Faso is mind‑boggling, as is the lack of global attention to this crisis,” said Philippe Bolopion, executive director of HRW. “The junta is committing horrific abuses itself, failing to hold those responsible on all sides to account, and curtailing reporting to obscure the suffering of civilians caught in the violence.” Survivors recount harrowing details: a 41‑year‑old father described his son’s body “shot in the back of the neck,” while a 39‑year‑old witness to the Barsalogho attack said, “People were falling like flies. They came to exterminate us. They did not spare anyone.” These revelations amplify calls from the international community for accountability and for renewed humanitarian assistance to the millions displaced by the protracted Sahel conflict.
#burkina #faso #civilians
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