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World Economy Apr 07, 2026

UK Government Caps Student Loan Interest at 6% to Shield Graduates from Rising Inflation

The UK government will limit the interest rate on Plan 2 and Plan 3 student loans to 6% from Septem…
The UK government announced a modest concession for millions of graduates with Plan 2 student loans: a cap on the interest rate at 6% starting 1 September 2026.The decision is presented as a safeguard against a possible surge in inflation linked to geopolitical tensions in the Middle East, rather than a full policy reversal.The 6% ceiling will apply both to undergraduate Plan 2 loans and to postgraduate Plan 3 loans taken out by borrowers in England and Wales.For many borrowers the cap trims the current 6.2% rate by 0.2 percentage points, meaning their debt will grow marginally slower; the repayment threshold of 9% of earnings above the annual limit remains unchanged.Interest rates are normally set each academic year using the Retail Price Index (RPI), which currently sits at 3.2% and is expected to rise – the March 2026 RPI is due on 22 April and analysts anticipate a figure above the February rate of 3.6%.Ministers say the cap “removes the risk of any temporary increase in inflation causing loan balances to compound at an unsustainable rate,” protecting borrowers from rates above 6%.Prime Minister Keir Starmer has pledged to review the student‑loan system, and speculation persists that more extensive reforms could be announced later in the year.The National Union of Students hailed the cap as “a huge win” but warned that without adjustments to the repayment threshold the relief will be limited.Financial planner Ian Futcher of Quilter added that the cap offers “reassurance but not relief,” emphasizing the need for broader changes to ease graduate finances.
#interest #rate #graduates
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Sports Apr 07, 2026

Aaron Ramsey Retires at 35 After Storied Career with Wales and Top European Clubs

Former Wales captain and Arsenal midfielder Aaron Ramsey announced his retirement at 35, citing inj…
Aaron Ramsey has confirmed his retirement from professional football at the age of 35, ending a career that saw him feature for Arsenal, Juventus, Nice, Cardiff City and Rangers before becoming a free agent after leaving Mexican side Pumas last year.Ramsey earned 86 caps for Wales, with his final appearance coming in 2024. A string of injuries and reduced minutes saw him omitted from Wales' World Cup qualifying playoff against Bosnia and Herzegovina, a defeat that effectively closed the door on any chance of a major tournament finale.In an emotional Instagram post, the midfielder wrote, "This has not been an easy decision to make. It has been my privilege to wear the Welsh shirt and experience so many incredible moments in it. I owe a debt of gratitude to the managers and staff who helped me along the way." He also thanked the "Red Wall" – Wales' passionate supporters – for their unwavering backing.Ramsey further expressed appreciation for the clubs that shaped his journey, stating, "Thank you to all the clubs I’ve been lucky enough to play for, and to the managers and staff who made it possible for me to live my dream at the highest level."His trophy cabinet includes three FA Cup medals with Arsenal, a Serie A title (2020) and Coppa Italia (2021) with Juventus, and a Scottish Cup with Rangers in 2022, underscoring a decorated career across England, Italy and Scotland.
#arsenal #juventus #rangers
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Tech Apr 07, 2026

The Riso Revolution: How a Japanese Printing Gadget Unites Artists Worldwide

The risograph printer, created in Japan in the 1980s, has become a beloved tool for artists and cre…
The risograph printer, a Japanese innovation from the 1980s, has captured the hearts of artists and creatives globally. This compact machine, produced by Riso Kagaku, allows for small print runs with a distinctive, handmade feel.Gabriella Marcella, a Scottish-Italian designer, fell in love with the risograph while studying at New York's Pratt Institute. She now curates Riso Club, a non-profit program promoting artists who use risographs. The club sends postcards featuring work from international cities, showcasing the riso community's global reach.The exhibition at Glasgow's Glue Factory Galleries celebrates the Riso Club's 100th issue with works from design heroes like Nathalie Du Pasquier and Peter Shire. Marcella hopes to demonstrate that design can be accessible, social, and connect people through print.Artists like Mari Kinovych and Kinda Ghannoum have used the risograph to showcase their cities, Kyiv and Damascus, in a unique and personal way. The risograph's political roots and ability to produce affordable prints have made it a staple in the art world.
#Risograph #Riso Kagaku #Gabriella Marcella
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Politics Apr 07, 2026

UK Sets 6% Cap on Student Loan Interest from September to Shield Graduates from Rising Inflation

From September, the UK government will cap interest on Plan 2 and Plan 3 student loans at 6%, a mov…
Effective September, the UK will limit interest on Plan 2 and Plan 3 student loans to 6%, announced by ministers amid growing concerns that higher inflation could push repayments sharply higher for graduates.Currently, borrowers on Plan 2 pay an interest rate equal to the Retail Prices Index (RPI) – presently 3% – plus up to an additional 3% once they earn more than £29,385. While studying, both Plan 2 and Plan 3 loans already attract RPI + 3%.Plan 2 loans cover undergraduate courses and Postgraduate Certificates of Education taken out since 1 September 2012 in Wales and between that date and 31 July 2023 in England. Plan 3 loans apply to postgraduate master’s or doctoral programmes for borrowers in England and Wales.Skills Minister Jacqui Smith linked the decision to global instability, noting that “the conflict in the Middle East is causing anxiety at home… Capping the maximum interest rate will provide immediate protection for borrowers, supporting those most exposed within this already unfair system.”The repayment threshold will remain frozen at £29,385 for the next three years, until 2030, a policy that could raise annual repayments by up to £300 for many graduates.Labour MPs have pressed the government to reconsider this freeze, arguing it will erode real‑term earnings as the threshold approaches the minimum wage by 2030.National Union of Students president Amira Campbell welcomed the cap as “a huge win” for the more than 5 million people on Plan 2 loans, but warned that “the change cannot come alone” and called for a rise in the repayment threshold in line with incomes.Prime Minister Keir Starmer has pledged to explore ways to make the student‑loan system fairer, echoing criticism from Conservative leader Kemi Badenoch, who described the scheme as a “debt trap” at “breaking point”.
#UK Government #Student Loans #Plan 2
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Business Apr 07, 2026

Iceland Supermarket Offers Job to Waitrose Worker Sacked for Confronting Shoplifter

Richard Walker, chair of Iceland and cost of living tsar, offers a job to Walker Smith, a Waitrose …
Richard Walker, chair of Iceland and cost of living tsar for the UK government, has offered a job to Walker Smith, a 54-year-old former Waitrose employee who was sacked for confronting a shoplifter at a Clapham Junction store. Smith had worked at Waitrose for 17 years before being fired after stopping a shoplifter from taking Easter eggs, including Lindt chocolate bunnies, from the store. The incident led to a public outcry, with many criticizing Waitrose's decision to sack Smith. In a LinkedIn post, Walker wrote: “You’re welcome to a job with us. We even share the same name …” An Iceland spokesperson confirmed that the supermarket chain had been in touch with Smith and offered him a job. Waitrose has doubled down on its decision to sack Smith, citing the danger to life in tackling shoplifters. However, politicians, including Nigel Farage and Chris Philp, have criticized the supermarket's decision, with Farage saying that the UK now favors criminals over law enforcers. A fundraiser for Smith has raised over £7,500 to help with his rent and bills. Smith had apologized to his manager for his role in the incident and had previously been instructed not to approach suspected shoplifters.
#iceland #waitrose #shoplifting
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World Apr 07, 2026

Israel Urges Iranians to Skip Trains as Trump‑Set Deadline Sparks Threat of Infrastructure Strikes

Israel warned Iranian civilians that traveling by train could be fatal after the United States’ Tru…
Israel’s military issued a stark advisory to Iranians early Tuesday, urging them to avoid all train travel across the country from 8:50 am to 9:00 pm Iran time. The warning, posted in Farsi on social media, warned that anyone near railway lines or stations could become a target as Israel prepared to strike infrastructure. The advisory comes just hours before the U.S. President Donald Trump’s ultimatum expires at 8 pm ET on Tuesday (1 am GMT Wednesday). Trump has repeatedly threatened to “take out” Iran’s bridges and power plants in a single night, a claim he reiterated at a White House press briefing on Monday. Iran rejected a cease‑fire proposal brokered by Pakistan, Egypt and Turkey, insisting on a permanent end to the war and presenting a 10‑point counter‑proposal that the U.S. deemed insufficient. Legal experts have warned that indiscriminate bombing of civilian infrastructure could constitute a war crime, a concern dismissed by the Trump administration. On the diplomatic front, Iranian President Masoud Pezeshkian posted on X that over 14 million Iranians are prepared to sacrifice their lives for the nation, underscoring the high domestic stakes. U.S. Secretary of Defense Pete Hegseth warned that Monday would see the “largest volume of strikes” on Iran, with Tuesday expected to see even more attacks as the deadline approached. According to Iranian media, Israel struck Khorramabad airport in western Iran, while Israeli forces also hit a petrochemical plant in Shiraz and a ballistic‑missile launch site in the northwest. The United States reportedly deployed B‑2 stealth bombers that dropped 30,000‑lb GBU‑57 “bunker buster” bombs on an IRGC compound in Tehran, the same munitions used in the June attack on the Fordow nuclear site. Israeli Prime Minister Benjamin Netanyahu told his security cabinet that the war with Hezbollah in Lebanon would continue independently of the U.S.–Iran negotiations, describing a “separation of theatres.” In a related development, a missile strike hit a petrochemical complex in Saudi Arabia’s eastern city of Jubail, forcing an evacuation of workers. Israel reported multiple missile impacts in the Tel Aviv area, claiming Iran launched ballistic missiles equipped with cluster warheads, though no casualties were confirmed. Amid the heightened tension, Brent crude rose marginally to just above $110 a barrel in morning trading, reflecting market anxiety over potential disruptions to Middle‑East oil supplies.
#iran #israel #trump
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Australia News Apr 07, 2026

Olympic champion Rohan Dennis denounces media 'false narrative' after 17‑month suspended sentence for wife's death

Former Olympic cyclist Rohan Dennis used Instagram to accuse journalists of fabricating a narrative…
Rohan Dennis took to Instagram on Monday night to condemn what he called a "false narrative" spun by the press following the death of his wife, fellow Olympian Melissa Hoskins, in a car accident near their Adelaide home. In his post, the former world‑time‑trial champion wrote that the media wanted to portray him as "the husband who abused his wife," a characterization he vehemently denies. In May 2025, Dennis received a 17‑month suspended sentence after pleading guilty to an aggravated act likely to cause harm. He was not held criminally responsible for Hoskins' death, but the court imposed a $100 fine, a two‑year good‑behaviour bond, and a five‑year licence suspension. Earlier this year, Dennis sparked further controversy by posting a photo of a black Porsche with the caption "What an absolute weapon," prompting South Australia’s victims’ rights commissioner, Sarah Quick, to label the post "deeply offensive." He later shared a picture of his two children, calling them "two absolute weapons," which intensified media scrutiny. Denning’s Instagram statements accuse journalists of harassing his family, claiming they asked him if he was a murderer and how he felt "knowing he killed his children’s mother." He asserted, "I have ALWAYS been against any sort of abuse against women, especially the one who gave birth to my children." During sentencing, Judge Ian Press emphasized that Dennis was not charged with causing Hoskins' death, noting that she "held on to the car as you accelerated" before falling. The judge’s remarks underscored the legal distinction between the aggravated act and the fatal outcome. Denis’s career highlights include two world titles in the road time trial, a silver medal in the team pursuit at the 2012 Olympics, and a bronze in the road time trial at the Tokyo Games. Hoskins herself was a two‑time Olympian, competing in the team pursuit in 2012 and 2016 and contributing to Australia’s 2015 world‑title squad. By calling the coverage "pathetic journalism" and urging media outlets to "back off and leave my family alone," Dennis seeks to shift public focus from the tragedy to what he perceives as sensationalist reporting.
#dennis #his #hoskins
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World Economy Apr 07, 2026

Israel's Record Budget Fuels West Bank Settlement Expansion Amid Gaza War

Israel's largest-ever budget, $271 billion, includes significant allocations for settlement expansi…
Israel's newly approved $271 billion budget has sparked concerns over its implications for the occupied West Bank, with a significant portion allocated to settlement expansion and far-right ideological projects. The budget, the largest in Israel's history, was passed early on Monday from a fortified bunker, amid the ongoing conflict with Iran.The ruling coalition has bypassed legal frameworks to direct billions towards these goals, citing national security concerns. A key allocation is $129.5 million to the Ministry of Settlement and National Missions, which authorizes illegal Jewish-only settlements and outposts on Palestinian land.Finance Minister Bezalel Smotrich, a settler himself, has been granted sweeping powers over the occupied territory and has openly opposed the two-state solution. Prime Minister Benjamin Netanyahu has echoed this sentiment, stating there will be no Palestinian state west of the Jordan River.The budget also includes funds for projects such as building bypass roads through Palestinian towns, providing protection for illegal settlement outposts, and incorporating armed settlers into the state's civilian security apparatus. These moves are seen as entrenching the occupation and empowering far-right elements of Netanyahu's government.The allocation comes against a backdrop of surging violence by settlers and Israeli armed forces' raids on Palestinian communities across the West Bank, which have intensified since the onset of Israel's war on Gaza in October 2023. UN data shows nearly 3,000 attacks on Palestinians in the West Bank over the past two years.The budget's passage has highlighted divisions within the Israeli opposition, with Yair Lapid accusing rival parties of being more focused on criticizing his party than uniting against the governing coalition. Analysts warn that the spending bill will have severe long-term consequences, including further destabilizing the region and undermining any future viable Palestinian state.
#israel #budget #netanyahu
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Politics Apr 07, 2026

US Military Rescues Downed Airman in Daring Operation Deep in Iran

The US military successfully rescued a downed American airman from a remote area in Iran after a co…
President Donald Trump announced that the US military has successfully rescued a missing American fighter jet crew member from a remote part of Iran. The Air Force officer went missing after his F-15 jet was downed on Friday, with the pilot being quickly rescued, but a search had to be launched for the F-15's weapons systems officer. In a Truth Social post on Sunday, Trump wrote that the US had rescued the second airman, described as 'seriously wounded, and really brave,' from 'deep inside the mountains of Iran.' A firefight between US and Iranian forces reportedly took place in Kohgiluyeh and Boyer-Ahmad province before the rescue, though Iran has not confirmed this. The rescue mission involved two raids, with the pilot being rescued in 'broad daylight' during the second raid. Trump noted that the type of rescue mission that recovered him 'is seldom attempted because of the danger to man and equipment.' The operation reportedly involved dozens of aircraft carrying 'lethal weapons.' Iran had also been racing to locate the airman, with Tehran calling on the public to hand over the soldier to the authorities. Iran's Islamic Revolutionary Guard Corps claimed that Iranian forces had destroyed two C-130 aircraft and two Black Hawk helicopters during the operation. This incident is part of a broader conflict that has resulted in the loss of 13 US service members and wounded over 300, according to the US military's Central Command. The US has lost several military assets, including three F-15 fighter jets in a friendly fire incident over Kuwait and a military refueling aircraft over Iraq.
#US Air Force #Iran #F-35 Lightning II
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