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World Economy Mar 27, 2026

WTO Faces 'Make-or-Break' Moment Amid Global Trade Turmoil

The World Trade Organization (WTO) is holding a crucial meeting in Yaounde, Cameroon, as the global…
The World Trade Organization (WTO) has convened a critical meeting in Yaounde, Cameroon, against a backdrop of global economic turmoil and rising protectionism. The organization is facing the threat of a 'disorderly collapse' if it fails to strike a new deal on global trade rules.WTO Director-General Ngozi Okonjo-Iweala warned that the old 'world order' is not returning, following a year of turmoil marked by US President Donald Trump's aggressive trade policies, including sweeping tariffs.“We will not get it back … We must look to the future,” Okonjo-Iweala said, emphasizing the need for a new approach. The global trading system is experiencing the 'worst disruptions in the past 80 years'.The US Trade Representative, Jamieson Greer, defended Trump's policies, stating that they were a 'corrective response' to a trading system that had overseen 'severe and sustained imbalances'. Greer argued that the 'new world order' would involve agreements between smaller groups, rather than waiting for consensus on a 'lowest common denominator'.The US is critical of the WTO's 'most-favoured nation' (MFN) principle, which governs 72 percent of global trade. China, however, defended the system, warning that abandoning MFN would open a 'Pandora's box'.The European Union signaled its desire to rethink MFN, citing concerns about China. UK Trade Minister Chris Bryant warned of potential fragmentation if no deal is reached on reforms, stating that ministers must 'get this week right' to avoid a 'disorderly collapse of the WTO'.
#trade #system #wto
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News Mar 26, 2026

UN Condemns Transatlantic Slavery as 'Gravest Crime Against Humanity', Paves Way for Reparations

The UN General Assembly has adopted a resolution recognizing transatlantic slavery as the 'gravest …
The United Nations has taken a significant step towards acknowledging the atrocities of transatlantic slavery, adopting a resolution that labels it as the 'gravest crime against humanity'. The resolution, proposed by Ghana, was passed with 123 countries in favor, 3 opposed, and 52 abstaining.The resolution is not legally binding but carries substantial political weight. It calls for reparations and urges member states to engage in dialogue on the issue, including issuing formal apologies, returning stolen artifacts, providing financial compensation, and ensuring guarantees of non-repetition.Ghana's President John Dramani Mahama, a key architect of the resolution, hailed its adoption as 'a route to healing and reparative justice'. The resolution's passage is seen as a crucial step towards addressing the ongoing impacts of slavery, which saw at least 12.5 million Africans abducted and sold between the 15th and 19th centuries.Despite the progress, there is growing backlash from Western leaders who oppose discussing reparations, arguing that today's states and institutions should not be held responsible for historical wrongs. The EU and the US expressed concerns that the resolution could imply a hierarchy among crimes against humanity.The Netherlands remains the only European country to have issued a formal apology for its role in slavery. The resolution comes after the African Union set out to create a 'unified vision' among its 55 member states about what reparations for slavery may look like.
#resolution #not #list
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World Economy Mar 26, 2026

NS&I Admits £476m in Missing Savings for Bereaved Families

National Savings & Investment (NS&I) faces a scandal over £476m in missing payments to bereaved fam…
National Savings & Investment (NS&I;), a state-owned savings bank in the UK, has admitted to a long-running administrative error that has resulted in nearly £500m in missing payments to bereaved families. The bank's chief executive, Dax Harkins, was forced out amid the scandal.NS&I;, which holds over £240bn for 24 million customers, has been accused of a series of errors dating back years. The bank allegedly lost track of investments and withheld premium bond prizes from the families of deceased savers. Some families had to pay lawyers to recover their money.The pensions minister, Torsten Bell, confirmed that 37,500 bereavement claims were potentially affected, with a total value of £476m. He stated that the problem had been reported to ministers in December last year and that NS&I;'s new CEO, Sir Jim Harra, would work to resolve the issue.NS&I; has apologized for the errors, stating that it had identified an issue where the estates of deceased customers were not always repaid money from all of their accounts after a bereavement claim. The bank has introduced robust measures to ensure this does not happen again.To rectify the situation, NS&I; will publish a plan in May detailing how people will be reunited with their money. The plan will confirm the number of missing payments and how the representatives of estates will be contacted. Estates may receive interest on savings as well as compensation. The government has promised that the cash is '100% safe' and that returning it will not present an additional liability to the taxpayer.
#amp #savings #money
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World Mar 26, 2026

Pro-Israel Democrats Break Ranks to Condemn West Bank Settler Violence Amid Rising Palestinian Deaths

Pro-Israel Democratic legislators in the US are increasingly condemning violent attacks by Israeli …
As Israeli settlers intensify violent attacks against Palestinian civilians in the West Bank, often while Israeli forces stand by, a notable shift is occurring in US political circles. Even staunch supporters of Israel within the Democratic party are now publicly denouncing the escalating violence.In recent days, dozens of settlers have engaged in apparently coordinated attacks, torching homes and vehicles while targeting Palestinian civilians. Since the beginning of the month, Israeli settlers and police have killed at least 10 Palestinian civilians in the occupied territory, including two young brothers and their parents who were returning from a Ramadan shopping trip.Among the voices breaking ranks is Ritchie Torres, a New York Democratic representative and one of Israel's most ardent supporters in Congress. In a statement this week, he declared that "the crisis of extremist settler violence in the West Bank must be confronted, and the perpetrators must be prosecuted to the fullest extent of the law." He called for "zero tolerance for violent extremism, no matter what form it takes."Another pro-Israel Democrat, Daniel Goldman of New York, condemned the violence as an "outrage" and urged House Speaker Mike Johnson to bring to vote proposed legislation seeking to impose sanctions against those "undermining prospects for a two-state solution by committing illegal violent acts." He also criticized the Trump administration for rescinding sanctions against violent settlers that had been issued under the Biden administration.Several other Aipac-backed politicians have joined the condemnation, including Arizona Senator Ruben Gallego, who called on the Israeli government to "stop being complicit," and Arizona Congressman Greg Stanton, who labeled the attacks "acts of terrorism." Ohio Democratic Congresswoman Shontel Brown accused Trump of "green-lighting settler violence," while Nevada Senator Jacky Rosen stated that "violence against Palestinian civilians in the West Bank is a national security threat to Israel and must be treated as such."The political shift comes as US public support for Israel has plummeted. An NBC News poll found that two-thirds of Democrats now say their sympathies lie with Palestinians over Israelis—a dramatic reversal with significant implications for upcoming elections. Meanwhile, 68% of Republicans continue to express stronger support for Israel.A Guardian analysis revealed that Israel has not prosecuted any of its citizens for killing Palestinian civilians in the occupied West Bank since the start of the decade. The UN has warned that the Israeli government has accelerated illegal settlement expansion, forcibly displacing approximately 36,000 Palestinians in the West Bank and East Jerusalem over the past year.Political analysts suggest these pro-Israel Democrats are "trapped between the money they've relied on to make their campaigns work and the voters they actually need to win," with condemnation of settler violence offering a way to express discontent without challenging the Israeli state itself.
#israel #israeli #violence
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Sports Mar 26, 2026

Tom Brady Reveals He Explored NFL Return, But League Wasn't Interested

Tom Brady, 48, revealed he considered returning to the NFL as a player, but the league was not inte…
Legendary quarterback Tom Brady has disclosed that he explored the possibility of returning to the NFL as a player, but the league was not keen on the idea. In a recent interview with CNBC Sport, Brady revealed that he had inquired about a potential comeback, but the league's response was lukewarm.Brady's last NFL game was in January 2023, when his team, the Tampa Bay Buccaneers, lost to the Dallas Cowboys. Since then, he has transitioned into a new role as a minority owner of the Las Vegas Raiders and a television analyst for Fox. A spokesperson for the league noted that if Brady were to return to playing, he would need to divest his stake in the Raiders.“I actually have inquired [about a return to playing], and [the NFL] don’t like that idea very much,” Brady said. “We explored a lot of different things, and I’m very happily retired. Let me just say that, too.”Despite his interest in a potential comeback, Brady emphasized that he is content with his decision to retire. He recently participated in a televised flag football game, where he threw a touchdown pass to receiver Stefon Diggs and appeared to be in good football shape. However, Brady insisted that the game only reconfirmed his happiness with his retirement.As a minority owner of the Raiders, Brady described his role as having no formal job description. He expressed his enthusiasm for contributing to the team's success and bringing a winning culture to Las Vegas.Brady's commitment to winning is legendary, and his achievements in the NFL are unparalleled. He holds the record for most Super Bowl wins (7), career passing touchdowns (649), and passing yards (89,214).
#Tom Brady #NFL #Las Vegas Raiders
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Sport Mar 25, 2026

Cameron McEvoy Defies Age with Record-Breaking Swim Using Strength-Focused Training

Australian swimmer Cameron McEvoy broke the 50m freestyle world record at age 31 with a time of 20.…
Australian swimmer Cameron McEvoy has achieved a lifelong dream by breaking the 50m freestyle world record with a time of 20.88 seconds at the China Open. The Queenslander shattered the longstanding record by three hundredths of a second, a mark set during the era of now-banned super-suits.The 31-year-old athlete expressed his surprise and delight at achieving this milestone ahead of schedule. "That was more of a target for the end of this season, so to have hit it at the moment in March is really special," McEvoy stated upon returning to Brisbane.McEvoy's journey to swimming's pinnacle has been unconventional. Having made his Olympic debut in London as a teenager in 2012, he won bronze medals in relays in Rio and Tokyo before securing his first individual Olympic gold in Paris in 2024 at age 30—well past the typical peak age for elite sprinters.His remarkable rise to dominance stems from a radical rethinking of his training methodology. McEvoy abandoned traditional long pool sessions in favor of strength training and short, explosive sets that mimic the specific requirements of the 50m event. This year, he took an even more extreme approach."I had an off-season which was mainly strength development, and I've barely done much swimming since the [August] World Champs last year, up until this comp," McEvoy explained. "And then this comp was meant to be the transition door into going into more of a sprint-focused regime, but because I got the world record and I've made steps, the idea is just to double down on this and not change it, see how far this can actually take me."The previous world record-holder, César Cielo, congratulated the Australian on his "incredible" swim, sharing a profound insight: "You never change things by fighting the existing reality. To change something, build a new model that makes the existing model obsolete."McEvoy's innovative approach has resonated beyond his own achievements. He receives weekly messages from both elite athletes and former swimmers who have returned to the sport inspired by his methods. "The amount of them that are saying that they're doing lifetime best times and they're deep into their 40s, compared to when they were training full-time in their teens, it's pretty incredible," he noted.Looking ahead, the Australian swimmer has set his sights on future Olympic Games. "I've still got my eyes on LA, I definitely have my eyes on the home Games here in Brisbane, and so I'll just keep at it every year and just take it one step at a time," McEvoy stated, emphasizing his commitment to continue pushing boundaries with his unique training philosophy.
#his #mcevoy #world
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Sports Mar 23, 2026

Senegal Vows to Appeal CAF's AFCON Title Reversal in Favor of Morocco

Senegal's football federation has denounced the Confederation of African Football's (CAF) decision …
Senegal's football federation has strongly condemned the Confederation of African Football's (CAF) decision to revoke their Africa Cup of Nations (AFCON) title, labelling it 'unfair, unprecedented, and unacceptable'. The federation plans to appeal this decision to the Court of Arbitration for Sport in Lausanne.The controversy stems from Senegal's walk-off during the AFCON final on January 18, where they were protesting a penalty awarded against them. Despite returning to the pitch and winning the match 1-0 in extra time, CAF's Appeals Board ruled that Senegal contravened tournament regulations and forfeited the game, declaring Morocco as the winner.The Senegalese Football Federation expressed its discontent, stating that the decision 'casts a shadow over African football'. They argue that the referee's decision to continue the game despite the walk-off was in line with the Laws of the Game, which state that the referee's decision is final.Veteran coach Claude Le Roy also weighed in on the issue, suggesting that CAF has a history of flouting refereeing decisions. The appeal process is expected to scrutinize the Congolese referee Jean-Jacques Ndala's decision to continue the match.
#afcon #senegal #morocco
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Sports Mar 23, 2026

Iran's Women's Football Team Returns Home to Hero's Welcome After Asylum Battle

The Iranian women's football team received a hero's welcome in Tehran after returning from the Asia…
The Iranian women's football team was given a hero's welcome in Tehran on Thursday after returning from the Asian Cup in Australia, where some players had sought asylum. The team, including captain Zahra Ghanbari, was greeted by several thousand people in Valiasr Square, waving Iranian flags and cheering.Earlier this month, six players and one backroom staff member sought asylum in Australia, prompting criticism from hardliners in Iran for not singing the national anthem before their first match. However, five of them later changed their minds and returned home with the rest of the team.Activists accused Iranian authorities of pressuring the players' families, including summoning their parents for interrogation, while Tehran alleged that Australia sought to force the athletes to defect. Iranian football federation President Mehdi Taj said on stage, “These athletes are loyal to the homeland, flag, leader and revolution.”The welcome ceremony featured a giant billboard with the slogan “My Choice. My Homeland” and a screen projecting AI-generated images of the players pledging loyalty to the Iranian flag. The team also sang the national anthem, a central feature of the ceremony.Two squad members remain in Australia, but the rest of the team, including the five who initially applied for asylum, arrived in Iran on Wednesday after a long journey home via Malaysia, Oman, and Turkiye. Iranian government spokeswoman Fatemeh Mohajerani told the team, “All Iranians were waiting for you; welcome to Iran.”
#iran #asylum #tehran
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News Mar 23, 2026

Air Canada Flight Collides with Fire Truck at NYC's LaGuardia Airport, Killing Two

An Air Canada Express flight collided with a fire truck on the runway at LaGuardia Airport in New Y…
At least two people have been killed in a tragic incident involving an Air Canada Express flight that struck a ground vehicle while landing at New York's LaGuardia Airport. The accident occurred on Sunday night, and the airport has been closed since then, with flights diverted to other airports. The aircraft, operated by Jazz Aviation, a regional partner of Air Canada, collided with a firefighting truck on Runway 4 at approximately 11:40 pm on Sunday (03:40 GMT on Monday). The vehicle was driving to respond to a separate incident. According to the Port Authority, 32 of the 41 injured individuals had been released by Monday, while nine remained hospitalized with serious injuries. The passengers and crew members on board Flight AC8646, which departed from Montreal, included 76 people, four of whom were crew members. The CRJ-900 aircraft struck the vehicle at a relatively low speed of 39 kilometers per hour (24 miles per hour). Emergency response protocols were immediately activated, and the US Federal Aviation Administration (FAA) issued a ground stop for all departures to LaGuardia. The National Transportation Safety Board has dispatched a 'go team' to investigate the collision. The incident has caused significant disruptions, with arriving planes being diverted to other airports or returning to their point of origin. New York's Emergency Management has warned of potential cancellations, road closures, traffic delays, and emergency personnel presence near the airport. LaGuardia Airport, which served 33.5 million passengers in 2024, has been experiencing flight disruptions due to poor weather and staffing impacts from a federal funding lapse.
#airport #laguardia #new
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