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World Economy Mar 24, 2026

Australia and EU Forge Critical Minerals Trade Deal to Reduce China Reliance

Australia and the European Union have signed a trade deal to remove tariffs on nearly all Australia…
Australia and the European Union have sealed a landmark trade agreement, eliminating tariffs on almost all Australian critical mineral exports. This move is part of a broader strategy to mitigate concerns over China's dominant position in the global rare earths market. The deal, which took eight years to finalize, signifies a significant step towards strengthening economic ties between the EU and Australia. European Commission President Ursula von der Leyen emphasized that the agreement would help reduce dependency on any single supplier for crucial minerals, highlighting the strategic importance of this partnership. The agreement will not only facilitate the export of critical minerals from Australia to the EU but also remove over 99 percent of tariffs on EU goods exports to Australia. This is expected to result in a substantial reduction of approximately 1 billion euros ($1.2 billion) in annual duties for EU companies. Consequently, EU exports to Australia are projected to grow by up to 33 percent over the next decade. Australian Prime Minister Anthony Albanese noted that the deal is worth approximately 10 billion Australian dollars ($7 billion) annually to the Australian economy. The agreement underscores the importance of diversifying supply chains and reducing reliance on China, which currently controls about 90 percent of the global processing for rare earths. These minerals are vital for producing technological equipment such as electric cars, lithium-ion batteries, and LED televisions. The trade relationship between the EU and Australia is substantial, with EU firms exporting 37 billion euros ($43 billion) worth of goods to Australia in 2025 and 28 billion euros ($33 billion) in services in 2023. The EU was Australia's third-largest two-way trading partner and second-largest source of foreign investment in 2024.
#australia #australian #list
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Gallery Mar 24, 2026

Iran Launches Missile Strikes on Israel, Causing Damage and Injuries

Iran has launched a missile attack on Israel, resulting in damage and injuries in Tel Aviv. The att…
Iran has launched a significant missile attack on Israel, causing damage and injuries in Tel Aviv. The attack, which occurred on Tuesday, triggered air raid sirens across the city, including in the densely populated areas of Tel Aviv. A multistorey apartment building suffered extensive damage, with gaping holes torn through it, although it was unclear if the damage was from a direct hit or debris from an interception. At least six people were lightly injured at four different sites, according to Israel's Magen David Adom emergency medical service. Police in Tel Aviv reported dealing with multiple impact sites of munitions, while the National Fire and Rescue Authority was searching for people trapped in one building and found civilians in a shelter in another damaged building. In response to the missile strikes, Israel's military carried out a wave of airstrikes in central Tehran on Monday, targeting key command centers associated with the Islamic Revolutionary Guard Corps' intelligence arm and the Iranian Intelligence Ministry. The military also hit over 50 additional targets overnight, including ballistic missile storage and launch sites. The escalation comes amid ongoing uncertainty about possible talks to end the three-week US-Israel war on Iran. The situation remains volatile, with both sides engaging in military actions that could have broader implications for regional stability.
#israel #tel #aviv
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Sports Mar 24, 2026

WNBA Owners Approve Landmark CBA, Paving Way for $1.4 Million Top Player Salaries

The WNBA board of governors has unanimously ratified a new seven-year collective bargaining agreeme…
The WNBA has taken a major step forward with the unanimous ratification of a new collective bargaining agreement (CBA) by its board of governors. This landmark deal, which has also been approved by the players, will run through 2032 and marks a significant improvement in player compensation. Under the terms of the new agreement, the minimum salary for players will be $270,000, a substantial increase from the maximum salary of about $250,000 last season. Top players will see their earnings rise dramatically, with the supermax salary set at $1.4 million. Additionally, the salary cap for each team will be $7 million, up from $1.5 million in 2025. WNBA Commissioner Cathy Engelbert hailed the agreement as the beginning of a 'bold new era' for the league, made possible by the collaboration of players, team owners, and the broader WNBA community. The league is set to capitalize on its growing momentum as it approaches its 30th season, which will tip off in May. With the CBA in place, teams are now gearing up for the regular season starting on May 8. This includes an expansion draft for new teams Toronto and Portland, followed by free agency and the college draft on April 13. Teams will begin training camp on April 19, leaving them little time to prepare for the season.
#WNBA #collective bargaining agreement #supermax
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Sports Mar 24, 2026

Antoine Griezmann Makes Historic Move to Orlando City in MLS

Antoine Griezmann, the 35-year-old French attacker, is leaving Atlético Madrid to join Orlando City…
Orlando City SC has officially signed Antoine Griezmann, the renowned French attacker from Atlético Madrid, in a landmark deal that marks a significant moment for the club, the city, and Major League Soccer (MLS). The 35-year-old Griezmann has agreed to a contract that runs from July 2026 through the 2027-28 season, with an option for the 2028-29 season. While financial terms of the deal have not been disclosed, Griezmann's arrival is seen as a major coup for Orlando City, reflecting the club's ambition and commitment to building a championship-caliber roster. Mark Wilf, team owner and chair of Orlando City, expressed his excitement about Griezmann's signing, highlighting his status as one of the most gifted and influential players of his generation. Wilf emphasized that Griezmann's decision to join Orlando City underscores the club's mission and culture, as well as its focus on consistently competing at a high level. Griezmann will join Orlando City as a designated player when the MLS secondary transfer window opens in July, pending medical clearance and the receipt of his international paperwork. He will be part of a team that has had a challenging start to the 2026 season, with four losses in their first five games, leading to the sacking of head coach Óscar Pareja in March. The French attacker expressed his enthusiasm for this new chapter in his career, citing the strong ambition and clear vision of Orlando City. Griezmann, who has 211 goals across all competitions for Atlético Madrid, is the club's all-time leading scorer. He has also had a distinguished career with 298 goals and 132 assists in 792 professional appearances in Spain. Griezmann's move to Orlando City sets him up for a new challenge in MLS, where he will be part of a growing rivalry with Lionel Messi's Inter Miami. His addition is expected to bring leadership, creativity, and a winning mentality to the team, making this a statement signing for the club and its ownership group.
#griezmann #orlando #atl
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Environment Mar 24, 2026

Ofcom to Investigate Climate Change Denial Complaints on UK Broadcasters

The UK's broadcasting regulator, Ofcom, will investigate complaints of climate change denial on tel…
Ofcom, the UK's broadcasting regulator, has reversed its decision not to investigate complaints of climate change denial on television and radio. This move comes after a letter from the Good Law Project (GLP) in January, which requested an explanation for the rejections. Ofcom will now reassess the complaints, which include comments from TalkTV and TalkRadio guests who made misleading statements about climate change. The complaints in question include a TalkTV guest who claimed climate change was a 'deliberate effort to create fake anxiety' and another guest who described Labour's energy policies as 'suicidal' and 'driven by pseudoscience'. Ofcom's reassessment led to the conclusion that its approach to 'due impartiality' in the broadcasts required reconsideration. Campaigners have welcomed Ofcom's decision, with the GLP spokesperson stating that 'rightwing channels have been allowed to spout dangerous climate lies, unchecked, for too long.' The GLP awaits the conclusion of the investigations, vowing to hold Ofcom accountable if it fails to take action against Talk's misinformation. Ofcom's broadcasting code states that factual programmes and that . The regulator has opened investigations into whether the TalkTV and TalkRadio programmes breached these rules. This development marks a significant shift in Ofcom's approach, as it had previously rejected over 1,000 climate-related complaints since 2020 without investigation. The regulator's decision comes amid increasing scrutiny from campaign groups and politicians, who argue that Ofcom is to deal with the scale of climate misinformation in the media.
#ofcom #talktv #talkradio
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World Mar 24, 2026

Israel Vows Further Strikes on Iran and Lebanon After Tel Aviv Missile Hit

An Iranian missile struck central Tel Aviv, causing widespread damage and injuring at least six peo…
An Iranian missile has struck central Tel Aviv, causing widespread damage to buildings and vehicles, and injuring at least six people. The attack has led to a significant escalation of tensions in the region, with Israeli Prime Minister Benjamin Netanyahu vowing to continue striking Tehran and Lebanon.“There’s more to come,” Netanyahu said in remarks that appeared to corroborate those of three Israeli officials who told Reuters they thought it was improbable that Iran would accept US demands in any new round of negotiations. This development has dimmed hopes of de-escalation after US President Donald Trump played up the chances of a deal to end the conflict.In a statement released on Tuesday, Iran’s Islamic Revolutionary Guard Corps said it would launch heavy missile and drone attacks at Israeli troops in northern Israel and the area near Gaza “without restraint” unless Israel ceased attacks in Lebanon and Palestine. The threat has raised concerns about the potential for further escalation in the region.Police said an Iranian munition carrying a substantial explosive payload struck the central city, causing widespread damage to buildings and vehicles. At least six people were lightly injured. Several buildings were damaged across Tel Aviv, with emergency services reporting casualties at one of the impact sites. One building and the adjacent road were heavily affected, with cars set ablaze.Israel’s health ministry reports 4,829 injured people have been brought to hospitals since the onset of the war. Of those people, 111 remain in hospital and 12 are in a serious condition. The strikes were the latest in a cycle of retaliation after Israeli operations announced on Monday.About 40 minutes after Trump said he would delay action against Iran’s power infrastructure, Israel said on X that it had “just begun another wave of strikes targeting infrastructure of the Iranian terror regime across Tehran”. The Israel Defense Forces said energy facilities would be spared, suggesting that Israel may be aligning with Washington in suspending attacks on Iranian power plants and related sites.The US-based Human Rights Activists’ News Agency said in the previous 24 hours it had recorded at least 206 attacks across 15 provinces in Iran, resulting in at least four casualties (killed and injured, both civilian and military). At least six people were killed in strikes on homes in the city of Tabriz, according to Iran’s Fars news agency.Since US-Israeli bombs started falling on Iran, estimates of total deaths (military and civilian) in the country have exceeded 1,500, with some rights groups reporting figures as high as 3,230 as of 21 March. The escalation has also spilled beyond Israel, with Iranian strikes extending into Gulf states.
#israel #iran #lebanon
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World Economy Mar 24, 2026

UK Chancellor Rules Out Universal Energy Bill Support, Eyes Targeted Aid

UK Chancellor Rachel Reeves has ruled out universal support for energy bills, instead opting for ta…
UK Chancellor Rachel Reeves has announced that the government will not provide universal support to deal with potential future rises in energy bills. Instead, any government assistance will be targeted towards those who need it most.Reeves criticized the support package offered by the previous government under Liz Truss as unaffordable and irresponsible, stating that it benefited the wealthiest households and led to high levels of national debt.The chancellor emphasized that any future support will be provided within the government's fiscal rules to keep inflation and interest rates low. The government is currently focusing on longer-term measures to reduce energy bills for all households.Reeves also mentioned that she will review the planned fuel duty rise in September, but did not commit to delaying or postponing it. She will hold meetings with supermarkets and banks to discuss how they can support their customers and ensure that the Competition and Markets Authority has the necessary powers to detect and prevent price gouging.The chancellor's announcement comes amid speculation about the government's response to the energy crisis and its impact on households.
#support #she #government
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Sport Mar 24, 2026

Crucible to Host World Snooker Championship Until 2045 with Major Revamp

The World Snooker Championship will remain at the Crucible Theatre in Sheffield until at least 2045…
The World Snooker Championship will continue to be held at the iconic Crucible Theatre in Sheffield for at least the next two decades. A long-term agreement between the World Snooker Tour and Sheffield city council ensures the tournament's future at its spiritual home.The Crucible, with its 980-seat capacity, has been the venue for the championship since 1977. Despite speculation about its future, the World Snooker Tour has committed to keeping the event in Sheffield until 2045, with an option to extend until 2050.During this period, the Crucible will undergo a significant revamp, adding 500 seats to the theatre. The championship will temporarily relocate to an alternative UK venue for one year during the redevelopment, but will return to the Crucible.Barry Hearn, president of Matchroom, expressed his delight at the agreement, stating, "For over 50 years I have been promoting sport all over the world but no venue on this planet means more to me than the Crucible." He added, "I am so happy that after a long period of meetings and discussions we have finally agreed a deal to stage the world championship at its historic home – the Crucible."
#crucible #venue #world
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World Mar 24, 2026

Trump's Iran Talks Buy Time for Oil and Energy Markets Amidst Rising Tensions

US President Trump claims 'very good' talks with Iran, sparking skepticism and tentative welcome fr…
President Trump's assertion of 'very good' talks with Iran has raised eyebrows, especially after Tehran denied any negotiations were underway. The sudden detente comes as US markets prepare for another volatile trading day, with oil and energy markets closely watching developments.Trump, standing beside Air Force One, attempted to sell the unexpected diplomatic shift, but provided few details. He hinted at a potential deal involving Iran's nuclear program and control over the Strait of Hormuz, a critical waterway for global oil supplies.The reported interlocutor, Mohammad Bagher Ghalibaf, the speaker of Iran's parliament, has denied any talks with the US, suggesting that Trump is trying to mitigate financial damage from Iran's closure of the Strait of Hormuz. Ghalibaf accused Trump of using 'fake news' to manipulate markets and escape the quagmire in which the US and Israel are trapped.Despite skepticism, international leaders, including Keir Starmer and Benjamin Netanyahu, have cautiously welcomed the talks. Netanyahu emphasized that any deal must safeguard Israel's interests, while also continuing to strike targets in Iran and Lebanon.The negotiations may be another attempt by Trump to buy time, particularly for oil and energy markets. The Pentagon is still positioning military assets, and a potential strike or occupation of Iran's islands or coastline remains a contingency plan if diplomatic efforts fail.
#iran #trump #talks
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