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The cost of living crisis in the UK has become a persistent reality for many low-income families, who are struggling to make ends meet. The situation has worsened due to the ripple effects of the war in Ukraine, with companies expected to raise prices rapidly in the coming months.The author, Ella Michalski, is part of Changing Realities, a collaboration of parents and low-income families from across the UK. She shares her personal experience of struggling to get by, with her family relying heavily on their car due to her daughters' complex needs. The financial circumstances of her family have not significantly improved in the past five years, despite her partner working.The article highlights the need for more support from the government, particularly for families with dependent children. The recent abolition of the two-child benefit cap and the rise in the minimum wage are seen as positive steps, but more needs to be done to address the root causes of poverty. The author also calls for changes to universal credit, including ending the punishing five-week wait for a first payment.The government's crisis and resilience fund (CRF) is seen as a step in the right direction, but its accessibility and effectiveness are concerns. The author argues that the government needs to target cost of living support at those who need it most, with a recognition that families with dependent children need more support.

The notion that war is more profitable than peace may seem counterintuitive, but it is a concept that has been explored by economists and political scientists. David Keen, a renowned expert in the field, sheds light on the complex relationship between conflict and economics. In a world where wars are often funded by governments and fueled by industries such as arms manufacturing, the financial stakes are high.Keen's work challenges the conventional wisdom that war is solely a destructive force. Instead, he argues that war can be a lucrative business for certain individuals and groups. The production and sale of weapons, for instance, can generate significant profits. Moreover, the reconstruction efforts that follow a conflict can also be a lucrative venture.However, the human cost of war cannot be overstated. The devastating impact on civilians, infrastructure, and the environment is well-documented. As such, the question remains as to whether the economic benefits of war outweigh the humanitarian costs.

Iran is experiencing the longest nationwide internet blackout ever recorded, according to the global monitoring group NetBlocks. Since the United States and Israel launched their war on Iran on February 28, connectivity has hovered at about 1% of pre‑war levels, effectively cutting the country off from the global web. The blackout follows a prior 20‑day shutdown in January, which coincided with deadly nationwide protests. Combined, these measures mean that Iranian civilians have spent close to two‑thirds of 2026 in digital darkness, relying only on a slow, state‑controlled intranet for basic services and state‑run news. NetBlocks highlighted that while regions such as Myanmar, Sudan, Kashmir and Tigray have endured longer intermittent outages, no other war has forced an entire nation offline to this extent. The monitor added that Iran is the first country to lose previously functional internet connectivity by reverting to a national network. Economic analysts warned that the January shutdown already caused the economy to lose tens of millions of dollars each day in direct damages, with far‑reaching indirect effects. Companies reported that many online businesses could not survive more than three weeks without connectivity, leading to a wave of layoffs and reduced pay raises. One affected worker, Kamran, a product designer in Karaj, said he was dismissed after the latest wave of cuts. He now relies on a local skill‑matching group, but fears competition from thousands of similarly displaced workers. A senior data analyst from a Tehran firm disclosed that the firm is offering lower-than‑expected raises and shifting to three‑month contracts, creating uncertainty about future employment. Compounding the digital crisis, the war has targeted Iran’s steel factories, petrochemical plants and other civilian infrastructure, aggravating pre‑existing problems of high inflation and unemployment. Only a limited segment of the population can access the global internet—either because they are whitelisted by the state or because they pay steep fees for proxy connections that often disappear after a few hours. Government spokeswoman Fatemeh Mohajerani stated that internet access is being granted only to those who can “get the voice out,” such as officials, state‑affiliated entities and news agencies. Citizens on the ground describe a grim reality: frequent power outages, uncertainty about water supplies, and an inability to use services like Google Search or AI tools, even as they watch live feeds from space missions that remain inaccessible. In response to the prolonged shutdown, authorities have begun rolling out a tiered system dubbed “Internet Pro.” Business groups have received a “guide to connect to international internet,” urging them to contact a state‑run messaging app, Bale, for registration. Parallel efforts by a major telecom carrier offer one‑year data packages at prices higher than normal plans, while existing providers have not refunded customers for services they cannot deliver. President Masoud Pezeshkian’s administration, which campaigned on unblocking Iran’s internet, has offered no official explanation for the shutdown, leaving both the battered digital sector and the broader economy facing an uncertain future.

In a recent statement, the Italian Prime Minister emphasized that the Gulf region is fundamental to Europe's security. The comment reflects a growing recognition of the strategic partnership between European nations and Gulf states, highlighting the importance of cooperation on defence, energy and geopolitical stability.

Bangladesh’s Ministry of Health and Family Welfare disclosed that a suspected measles outbreak has killed at least 98 children in the past three weeks, prompting an urgent escalation of vaccination efforts in Dhaka’s hardest‑hit districts.Prime Minister Tarique Rahman ordered two senior ministers to tour the nation’s 170 million residents, assess the crisis’s scale, and coordinate a rapid response.Official data released on Sunday show that 6,476 children aged six months to five years exhibited measles‑like symptoms, while 826 cases have been laboratory‑confirmed with 16 confirmed deaths. Health officials note that many cases go untested, meaning the true toll could be higher.According to Halimur Rashid, director of Communicable Disease Control, “Compared with past years, the number of affected children is higher, and the death toll is higher too.” He attributes the surge to multifactorial causes, including a shortage of vaccines.World Health Organization (WHO) records indicate the highest number of suspected measles cases in Bangladesh was 25,934 in 2005. After a long decline, this year’s figures represent a stark reversal.Measles remains one of the world’s most contagious diseases, spreading through coughs and sneezes. While it can affect any age group, children under five are most vulnerable to severe complications such as brain swelling and respiratory failure. WHO estimates up to 95,000 measles deaths globally each year, primarily among unvaccinated or under‑vaccinated children.Bangladesh has previously achieved notable progress in immunisation, yet a scheduled measles‑vaccination drive for June 2024 was postponed after a violent uprising that ousted Prime Minister Sheikh Hasina. Consequently, many children—some as young as six months—missed the routine nine‑month vaccine dose.Mahmudur Rahman, chief of the National Verification Committee of Measles and Rubella, acknowledged the missed target of eliminating measles deaths by December 2025, citing “poor vaccination programmes.”In response, Dhaka has identified 30 districts with the highest case numbers and launched an emergency vaccination campaign. Health Minister Sardar Shakhawat Hossain Bakul pledged that the drive will first cover the “worst affected areas” before expanding nationwide.Public‑health expert Tajul Islam A Bari, a former official of the Expanded Programme on Immunisation, warned that although funds were allocated for vaccine procurement, the government failed to secure the doses, leading to the current “scary” situation.With no specific treatment for measles once contracted, the focus remains on accelerating vaccine delivery, improving surveillance, and preventing further loss of young lives.

Ukrainian drones have launched targeted strikes on key Russian oil infrastructure, hitting the Baltic Sea port of Primorsk and the NORSI oil refinery in the central Nizhny Novgorod region. According to Ukrainian drone forces commander Robert Brovdi, these overnight attacks were confirmed by Russian officials on Sunday.In Primorsk, which serves as one of Russia's main oil exporting outlets, Governor Alexander Drozdenko of Russia's northwestern Leningrad region reported that a pipeline was damaged. He later updated that a fuel reservoir in the port area leaked when it was hit by shrapnel.The NORSI oil refinery, Russia's fourth largest, was also targeted. Governor Gleb Nikitin of Nizhny Novgorod stated that a fire broke out at the plant after two facilities were hit. The attack also resulted in damage to a power station and several houses, although there were no reported injuries.These strikes are part of Ukraine's strategy to disrupt Russia's oil infrastructure and reduce a key source of revenue funding Moscow's war efforts. At one point last month, about 40 percent of Russia's oil exporting capabilities were shut down due to these attacks and other disruptions.Diplomatic efforts to end the conflict have stalled, with high-level talks between the US, Russia, and Ukraine yielding no progress on critical issues like territorial concessions in eastern Ukraine.

A projected ocean backdrop bathed the Hollywood High School auditorium in sunset hues as Mitski opened her five‑night residency, delivering a performance of “Dead Women” from her latest album Nothing’s About to Happen to Me. The stage, arranged like a cozy living room with a writing desk, chaise lounge and warm lamps, amplified the DIY‑style intimacy the artist sought.Addressing the crowd, Mitski quipped, “It’s dark in here – no one can see you. You can cry,” a line that resonated with the mixed‑age audience, prompting genuine emotional responses.The residency coincided with an innovative attendance challenge: students who maintained perfect attendance for two weeks were entered into a raffle for tickets. School staffer Michael Reagan called it “the most effective attendance drive in the district’s recent history.”Beyond the music, Mitski’s agreement to cover the venue’s rental fee will fund caps and gowns for graduating seniors, while she pledged to donate $2 from each ticket to a local youth‑focused music‑education nonprofit.The event attracted students from across Los Angeles and beyond. One senior, Sophia Barrios, traveled by train from the Central Valley after receiving tickets for her 18th birthday, praising Mitski’s genre‑spanning sound and personal lyrics. Fellow attendees echoed the sentiment, noting how the artist’s words gave voice to feelings they struggled to articulate.Former alumna Jessica Torres Vicente, now a therapist, described the experience as “a healthier dose of memory lane,” recalling the unchanged gold‑lettered welcome sign and vintage school‑production posters that still adorn the auditorium.Mitski’s decision to perform in a high‑school setting harks back to the venue’s history of hosting notable acts, such as Morrissey in 2013, and reflects her desire to recapture the raw connection of early‑career punk and DIY shows.The concert retained the hallmarks of a Mitski show—precise, balletic movement, immersive visuals, and a sound that enveloped the crowd—while the unique setting left an indelible impression. When she sang “Two Slow Dancers,” the audience shouted back, “Yes!” in unison, underscoring the shared intimacy of the night.

Japan's economic strategy has inadvertently created a Japanese century in global finance, driven by the yen's role as a cheap and reliable funding currency. The Bank of Japan's loose monetary policy has suppressed yields on public debt, effectively creating a publicly subsidized funding pipeline for bankers.By borrowing cheaply in yen and investing in higher-return assets, such as US equities, global investors have profited tens of billions of dollars from the 'yen carry trade'. This trade surged after the pandemic, with speculators betting $435bn in the two years to 2024 out of the estimated $1.7tn worth of yen supplied.Despite Japan's first rate hike since 2007 in March 2024, the carry trade remains popular. However, a persistent fear exists that the BoJ may aggressively raise rates, risking a global financial shock. A stronger yen would increase the cost of repaying yen-denominated debts, and heavily leveraged hedge funds could face significant losses.Japan's economic success has created an external dependency on the carry trade to manage internal crises. The country's reflationist prime minister, Sanae Takaichi, is committed to fiscal expansion, which may continue to stabilize the private sector but not necessarily drive growth.Economic analysis suggests that Japan's growth constraints are rooted in its macroeconomic prices, including profit, exchange rate, interest, wages, and inflation. While Japan has seen recent real wage growth, wages have historically been flat or falling, and the country's firms lack a reliably competitive exchange rate and viable profit rate to drive demand and reform.

LIV Golf is shifting its focus from recruiting individual stars to securing whole tournaments, with the Saudi‑funded circuit now eyeing the possibility of hosting traditional national open championships. This strategic pivot could reshape the ongoing power tussle in elite golf. The proposal threatens the DP World Tour—formerly the European Tour—which already boasts a dense calendar of national opens across Europe and emerging markets like China, India and Australia. Adding more of these marquee events to LIV’s roster would intensify competition for the most coveted tournament slots. Although the recent exodus of top players from established tours to LIV appears to have stalled or even reversed, the battle for prime tournament markets is far from settled. Securing historic national opens would give LIV a foothold in events that carry deep cultural and commercial weight. To date, LIV has built a largely international schedule, staging events in Australia, South Africa, Mexico City, Hong Kong and Singapore for the 2026 season. While these locations broaden the circuit’s global reach, none possess the longstanding prestige of a national open. By contrast, the DP World Tour has successfully leveraged national opens to expand its brand beyond Europe, tapping audiences in Asia and the Pacific. This experience underscores the strategic value of such tournaments for sponsors and broadcasters. Meanwhile, the DP World Tour is engaged in high‑level negotiations with the PGA Tour to extend a strategic alliance that currently runs until the end of 2027. The PGA is reportedly pushing for a reduced annual financial underpin for DP World prize funds, and the emerging threat from LIV is a key bargaining chip in those talks. Recent player movements have added nuance to the rivalry: the PGA Tour welcomed back Brooks Koepka and Patrick Reed after their departures to LIV, yet the Saudi Public Investment Fund shows no sign of scaling back its ambitious golf project. On the player front, Jon Rahm, who remains with LIV, is slated to address the media at Augusta National ahead of the Masters. Having lost an appeal over fines imposed for playing on LIV, Rahm is currently barred from the Ryder Cup and has refused to settle the penalties, leaving him in strained relations with the DP World Tour. His comments are expected to dominate the pre‑Masters press conference.