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World Economy Apr 12, 2026

Texas Expands Global Reach with New London Office to Attract UK Businesses and Investment

The US state of Texas is launching a dedicated London office to attract UK businesses and investmen…
Texas is expanding its global reach with the launch of a new office in London, aimed at attracting UK businesses and investment to the low-tax Lone Star State. The office, led by James Taylor, one of the founders of the Austin-based lobbying and public relations firm Vianovo, is part of Texas's efforts to lure corporate heavyweights across its borders.The new site adds to a growing list of international offices from which Texas can try to draw businesses. Texas charges neither corporation nor income tax, making it an attractive destination for companies looking to relocate or expand.Lobbyists working in the London office will court UK bosses with incentives including new, fast-track business courts and multimillion-dollar subsidies. Their targets are expected to include the City's banks and investment houses, as the state aims to build on Dallas's financial-sector boom.The ambitions have caught the attention of the City of London Corporation, with the City's mayor, Susan Langley, discussing how London could tap into excitement over the launch later this year of the state's first dedicated stock market, the TXSE. “With the launch of the Texas Stock Exchange, new dual-listing opportunities could connect British and Texan firms to fresh capital,” she said.The news comes as London tries to reverse a trend where businesses have been abandoning the UK stock market, choosing either to go private or shift their listings to hubs overseas, including New York.Texas has already had success luring jobs and investment from rival US states, including California, Delaware, and New York. Texas has overtaken California in having the largest number of Fortune 500 company headquarters of any American state, with companies like Oracle, Tesla, X Corp, and SpaceX having moved to the state in recent years.A spokesperson for Governor Greg Abbott's office said: “Texas has long had a global presence, with offices in Mexico and most recently in Taiwan designed to attract foreign direct investment and job creation into Texas, while also helping Texas companies export worldwide.”
#texas #london #investment
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Politics Apr 12, 2026

Pakistan Deploys Fighter Jets to Saudi Arabia as US‑Iran Ceasefire Talks Intensify

Pakistan sent a squadron of fighter and support jets to Saudi Arabia under a 2025 mutual defence pa…
Pakistan dispatched a mixed fleet of fighter and support aircraft to King Abdulaziz Air Base in Saudi Arabia’s Eastern Province on Saturday, marking the first visible military action under the mutual defence agreement signed in September 2025. The Saudi Ministry of Defence confirmed the landing, noting the deployment aligns with the collective defence clause that obliges each signatory to treat an attack on the other as an attack on itself. At the same time, Islamabad is hosting direct US‑Iran negotiations aimed at halting weeks of regional fighting triggered by Iran’s missile and drone strikes on Gulf targets after the US‑Israeli killing of Supreme Leader Ali Khamenei on 28 February. Foreign Minister Ishaq Dar told reporters he personally warned Iranian leaders in early March that Pakistan must honour its obligations to Riyadh. Tehran, seeking assurances that Saudi soil would not be used for attacks against it, received such guarantees, Dar added. Despite these diplomatic overtures, Iranian attacks on Saudi facilities – including key bases and a US embassy building – have persisted. In early March, Pakistan’s army chief, Field Marshal Asim Munir, flew to Riyadh to discuss measures to curb Iranian strikes within the framework of the defence pact. Four days before the jet deployment, Prime Minister Shehbaz Sharif phoned Crown Prince Mohammed bin Salman, pledging that Pakistan would stand “shoulder to shoulder” with Saudi Arabia. The two leaders also agreed to accelerate a $5 billion Saudi investment package earmarked for Pakistan. Saudi Finance Minister Mohammed al‑Jadaan met Sharif, Dar and Munir in Islamabad on Saturday, underscoring the economic dimension of the partnership. Saudi Arabia hosts roughly 2.5 million Pakistani workers, whose remittances are vital to Pakistan’s fragile economy, and has repeatedly provided financial assistance. Security analyst Imtiaz Gul told Al Jazeera the deployment was not intended as a military escalation but as a “messaging tool” to remind Tehran of Pakistan’s treaty obligations. “Three jets won’t make much of a difference militarily,” he said, noting Saudi Arabia’s own sizable air force. Michael Kugelman, senior fellow for South Asia at the Atlantic Council, described the move as “a risky gambit.” He warned that if Iran refuses concessions, Pakistan could be drawn closer to Saudi Arabia, potentially invoking the defence pact in a renewed conflict.
#Pakistan Air Force #Saudi Arabia #US‑Iran ceasefire negotiations
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Politics Apr 11, 2026

Libya Unites with First Unified Budget in Over a Decade

Libya's rival legislative bodies have approved a unified state budget for the first time in over a …
Libya has taken a significant step towards economic stability with the approval of its first unified budget in over a decade. The Central Bank of Libya confirmed that both the eastern-based House of Representatives (HoR) and the Tripoli-based High Council of State have endorsed the budget. This development is seen as a rare moment of cooperation in a country divided by conflict since the 2014 civil war. The unified budget was signed in the capital, Tripoli, where the internationally recognized Government of National Unity is based under Prime Minister Abdul Hamid Dbeibah. Governor Naji Issa described the agreement as a 'clear declaration that Libya is capable of overcoming its differences when a unified vision for its future is forged.' Libya has remained split since the 2014 civil war, which created rival administrations in the east and west. The last time the country operated under a single national budget was in 2013. The deal brings together institutions that have long competed for authority, with representatives from both sides signing the agreement. Despite this breakthrough, political divisions remain entrenched. In the east, forces loyal to Khalifa Haftar maintain control over large parts of the country, including key oil-producing regions. The timing of the agreement is significant, given Libya's growing importance in global energy markets. Demand for its crude has increased amid disruptions linked to the Israel-US war on Iran and the blockade of the Strait of Hormuz. Libya's geographic position offers a critical advantage, as oil shipments from its ports reach European refineries quickly and avoid the risks associated with Gulf routes. Its light, sweet crude also meets the needs of European refiners facing ongoing supply challenges. This development signals a shift towards more formal cooperation, even as Libya's political fragmentation persists.
#Libya #House of Representatives #Government of National Unity
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News Apr 11, 2026

UK postpones Chagos Islands handover to Mauritius after US President Trump blocks agreement

The United Kingdom has shelved legislation to transfer sovereignty of the Chagos archipelago to Mau…
The British government announced that it is putting on hold a bill that would return the Chagos Islands to Mauritius, after President Donald Trump signaled a lack of US support for the arrangement.A UK spokesperson told Reuters and AFP that the deal would only move forward with American backing, stating, "We have always said we would only proceed with the deal if it has US support." The statement added that the islands, particularly Diego Garcia, remain a critical military asset for both nations.Last May, London and Port Louis unveiled a plan under which Britain would cede full sovereignty of the 60‑plus islands to Mauritius while retaining a 99‑year lease on Diego Garcia to preserve the US‑run base that anchors American power in the Indian Ocean.Trump dismissed the proposal in January as an "act of great stupidity," arguing that relinquishing the archipelago would undermine the strategic partnership. In response, the UK reiterated that the base’s long‑term security is the primary reason for the agreement and that it continues to engage with both Washington and Mauritius.At an Indian Ocean conference in Mauritius, Foreign Minister Dhananjay Ramful pledged that his government would "spare no effort" to pursue every diplomatic and legal avenue to complete the decolonisation of the Chagos archipelago, calling the issue a matter of justice.After an initial softening of tone following a February conversation with Prime Minister Keir Starmer, Trump later resumed his criticism on Truth Social, labeling the cession a "big mistake" and a "blight on our Great Ally." The dispute has unfolded against a backdrop of strained US‑UK relations over the ongoing US‑Israel conflict in Iran and the UK's leadership of a 30‑nation coalition protecting shipping in the Strait of Hormuz without US participation.Former senior civil servant Simon McDonald told BBC Radio that Trump’s hostility has forced the agreement into a "deep freeze," noting that when the US president is openly opposed, the British government must reassess its position.Britain has administered the Chagos Islands since 1814, even after Mauritius gained independence in the 1960s. The Diego Garcia base has been pivotal in US operations in Vietnam, Iraq and Afghanistan. The displaced Chagossian community continues to seek compensation, and a 2019 International Court of Justice advisory opinion recommended that the archipelago be returned to Mauritius.
#mauritius #trump #deal
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Features Apr 11, 2026

Makeshift ‘University City’ Revives Gaza’s Academic Life Amid Ongoing Siege

A US NGO has built a modest ‘University City’ in al‑Mawasi, Gaza, providing up to 600 displaced stu…
The new academic term began in Gaza in late March, but the usual bustle of students catching buses to campus has been replaced by the stark reality of displacement.Israel’s relentless campaign has turned most university buildings into rubble and shelters, forcing a shift to online learning that many students in tents cannot access due to lack of electricity, water, food and reliable internet.Against this backdrop, a glimmer of hope has emerged. In the overcrowded al‑Mawasi district of Khan Younis, the US‑based NGO Scholars Without Borders has erected a makeshift “University City,” a wooden and metal structure designed to bring students back into a real lecture hall."Our mission is to bring education closer to students in a better environment," said Hamza Abu Daqqa, the organisation’s Gaza representative.The facility houses six halls that can accommodate up to 600 students each day. Powered by solar panels, it offers internet access, improvised green spaces and even a small business incubator to help students explore entrepreneurial ideas.University City operates on a rotating weekly schedule, allocating each day to a different institution so that multiple universities can share the limited space. Priority is given to courses that require hands‑on instruction, such as practical labs and discussion‑based classes.Prominent Gaza institutions—including the Islamic University, Al‑Azhar University and the Palestine College of Nursing—have already begun using the site.For many students, this is the first time in years they have set foot in a space that feels like a real university. "When I saw this place, I was amazed," said 20‑year‑old nursing student Mariam Nasr, who fled Rafah and now travels four kilometres on foot to attend classes.Another first‑year student, Amr Muhammad, echoed the sentiment: "Being here with other students, discussing and engaging in class makes a huge difference."The broader picture remains grim. UN experts have labeled Israel’s systematic targeting of Gaza’s academic sector as “scholasticide.” More than 7,000 university students and staff have been killed or injured, and over 60 university buildings have been completely demolished, according to the Euro‑Med Human Rights Monitor.Materials for University City were sourced entirely within Gaza, a testament to the community’s resilience amid soaring costs and scarce resources. Yet the initiative is hampered by the same blockade that restricts reconstruction supplies, fuel and safe transport.Students still face daily hurdles: damaged roads, limited cash, and unreliable transport—often relying on worn‑out vehicles, donkey carts or long walks. "My father could only give me eight shekels (about $2.64) for a ride," Mariam explained, highlighting the economic strain.Even once inside the halls, challenges persist. Power outages and unstable internet make it difficult to print materials or follow online lectures, forcing many to rely on old phones and intermittent connections.Nevertheless, the atmosphere inside University City is one of determination. "For medical education, in‑person learning is essential," said Dr Essam Mughari of the Palestine College of Nursing. "Seeing students gather again restores something vital."For students like Mariam, the drive to continue studying is deeply personal. "My cousin, a nurse, was killed when an airstrike destroyed her family’s house. I study to heal others and honor her memory," she said.While University City now serves hundreds daily, thousands of Gaza’s students remain without comparable facilities. Abu Daqqa stresses that the project is only the beginning: "We have built dozens of makeshift schools, but the need is far greater. Imagine what could be done if the needed resources were allowed through."
#students #gaza #but
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Technology Apr 11, 2026

Artemis II Mission Achieves Historic Lunar Return with Successful Pacific Splashdown

The Artemis II mission has successfully completed its lunar journey with a Pacific splashdown, mark…
The Artemis II mission has achieved a historic milestone with a successful Pacific splashdown, marking the first time humans have traveled to the moon in over 50 years. The mission's dramatic conclusion followed a voyage that unveiled previously unseen expanses of the lunar far side, a total solar eclipse, and a celestial display of planets. The four astronauts – commander Reid Wiseman, pilot Victor Glover, Christina Koch, and Canada's Jeremy Hansen – surfaced from their floating capsule into daylight off San Diego's coast. The lunar explorers' journey was a significant step towards establishing a permanent human presence on the moon. The Orion capsule, named Integrity, executed its entire descent automatically, striking the atmosphere at Mach 33 – 33 times the speed of sound – a scorching velocity unseen since the Apollo era. The capsule endured thousands of degrees during re-entry, with the heat shield performing crucially during this phase. The successful mission paves the way for NASA's planned moon landing by another crew in two years, followed by establishing a permanent lunar base within the decade. NASA Administrator Jared Isaacman praised the crew, saying, “These were the ambassadors from humanity to the stars that we sent out there right now, and I can’t imagine a better crew.” NASA's Mission Control erupted in celebration, with hundreds pouring in from the back support rooms. “We did it,” NASA’s Lori Glaze rejoiced at a news conference. “Welcome to our moonshot.”
#lunar #mission #capsule
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Sports Apr 11, 2026

Teenager Rio Ngumoha Powers Liverpool to First League Victory Since February, Becoming Anfield’s Youngest Scorer

Liverpool ended a six‑game winless streak with a 2‑0 triumph over Fulham, highlighted by 17‑year‑ol…
After a turbulent week that saw Liverpool suffer cup defeats to Manchester City and Paris Saint‑Germain, manager Arne Slot finally found a morale boost when 17‑year‑old winger Rio Ngumoha opened the scoring on his second Premier League start. Ngumoha’s strike, followed by a second‑half finish from Mohamed Salah, secured Liverpool’s first league win since February. Fulham, under Marco Silva, were passive and struggled to create clear chances, allowing Liverpool to dominate possession and reach the historic milestone of 1,500 league victories at Anfield. The win marked only the second triumph in six matches after a demanding Champions League away fixture, offering a needed lift before the upcoming quarter‑final second leg against PSG. Slot praised Ngumoha’s performance, saying, "He has a special quality that you don’t see very often in football any more – dominating the one‑on‑one." The manager added that the teenager’s power and finishing have been evident in training, making his impact on the pitch "pleasing". Outside the stadium, a banner reading ‘No to ticket price increases’ was displayed on the Kop, reflecting fan unrest after the club announced ticket hikes tied to inflation for the next three seasons. The protest underscored concerns that Liverpool could alienate its traditional fanbase in favour of a more tourist‑focused model. The opening half saw early chances from Jeremie Frimpong and Salah, but it was Ngumoha who changed the complexion of the game. After a loose ball from Florian Wirtz, Ngumoha received the ball on the left, dazzled Timothy Castagne with a series of step‑overs, and curled a precise shot around Joachim Andersen into the far corner. The goal was historic: at 17 years and 225 days, Ngumoha became Liverpool’s youngest league scorer at Anfield, breaking a 14‑year record previously held by Raheem Sterling. The achievement highlighted the club’s emerging talent pipeline at a time when senior players are under intense scrutiny. Slot hinted that Ngumoha could feature in the upcoming Champions League tie, noting, "I think he’s ready. The question is can he do it again two days later? But would he be able to perform at that level? Yes." The manager’s confidence reflects a strategic shift as he balances youth integration with the demands of elite European competition. Six minutes after the break, Ngumoha assisted Cody Gakpo, whose cross was turned home by Salah for Liverpool’s second goal, cementing a comfortable two‑goal cushion. Fulham attempted to revive their game with substitutions, introducing Emile Smith Rowe and Sasa Lukic, but Liverpool’s dominance persisted. A further setback for Liverpool came when Curtis Jones suffered a groin injury, forcing a halftime substitution and likely ruling him out of the PSG match. Silva admitted his side’s lack of aggression, stating, "The game was decided in five minutes and by our approach in the first half." The result not only restores confidence for Liverpool but also sets the stage for a high‑stakes encounter with the European champions.
#Rio Ngumoha #Liverpool FC #Fulham FC
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Sports Apr 11, 2026

Chelsea's Fatal Flaw Exposed: Enzo Fernández's Comments Spark Punitive Action

Chelsea midfielder Enzo Fernández has been suspended for two games after expressing interest in joi…
Chelsea FC has suspended midfielder Enzo Fernández for two games following his comments about potentially joining Real Madrid. Fernández, along with teammate Rodri, expressed interest in moving to the Spanish club during the international break.Fernández's statements, while not unusual in the football world, were deemed to have 'crossed a line' by Chelsea, leading to the suspension. The midfielder's comments included expressing admiration for Real Madrid players Luka Modric and Toni Kroos, and stating that Madrid's lifestyle is similar to his hometown of Buenos Aires.The suspension comes at a critical time for Chelsea, who are vying for a top-five finish in the Premier League and a spot in the Champions League. The team's players reportedly petitioned manager Liam Rosenior to allow Fernández to play in the upcoming match against Manchester City.The incident highlights the challenges faced by Chelsea in retaining top talent, particularly under the ambitious project led by Todd Boehly and Clearlake. The club's strategy of signing young players to long contracts with performance-based incentives may be flawed, as top players often seek better opportunities or more lucrative deals as they develop.Fernández's situation serves as a microcosm of the broader issues in football, where player loyalty and contract commitments are frequently tested by the allure of top clubs and better offers. The incident also underscores the differing approaches of Chelsea and other top clubs, such as Manchester City, which seem more tolerant of players expressing their aspirations.
#fern #ndez #chelsea
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World Economy Apr 11, 2026

Artemis II Mission Success Overshadowed by Proposed 'Extinction-Level' NASA Budget Cuts

The successful completion of NASA's Artemis II mission, which saw astronauts return to Earth after …
The recent return of the Artemis II mission to Earth has been hailed as a major achievement for NASA, marking the first crewed mission to the moon in over 50 years. The mission, which included astronauts Reid Wiseman, Victor Glover, Christina Koch, and Jeremy Hansen, broke a distance record and demonstrated the capability to sustain human life beyond lower-Earth orbit.However, the celebration has been overshadowed by proposed budget cuts to NASA, with Donald Trump announcing a 23% reduction in funding, including a 46% cut for space science initiatives. Critics argue that these cuts, described as 'extinction-level', would severely impact NASA's ability to achieve its ambitious goals in deep space exploration.NASA Administrator Jared Isaacman defended the budget proposal, stating that the levels are sufficient to meet mission priorities. However, Casey Dreier of the Planetary Society expressed concerns, highlighting the contradiction between the budget proposal and previous statements by NASA leadership.The Artemis program faces significant challenges ahead, including the development of a permanent lunar base. Despite these concerns, NASA is already looking ahead to Artemis III, scheduled for next year, which will test human lunar landing systems.Artemis II has been hailed as a crucial step in the US space program, providing a significant advantage in the new space race with China. The mission's success has brought renewed attention to the importance of continued investment in space exploration and the need for a stable and supportive budget.
#artemis #nasa #space
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