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Environment May 22, 2026

Big Oil's War Profits May Have a Silver Lining After All

Fossil fuel companies are reaping massive profits from the Iran conflict while ordinary consumers f…
The LeadA friend of mine was recently left in tears after filling up the car she relies on to drive to work. Thanks to the US-Israeli attacks on Iran, prices at the pumps have soared. She wasn't sure how her family was going to make it to the next paycheck.It is a personal story and a distressing one, but the big picture is truly obscene. Fossil fuel companies are raking in monstrous, unearned war profits taken from the pockets of people like you, me, my friend, and any of us who fills up a vehicle or pays an energy bill.The War-Profits Bonanza$30m an hour: that's the pure, unearned profits banked by the world's top 100 oil and gas companies in the first month of the conflict in Iran, purely due to the spike in the oil price. Now the first numbers are in, and that $30m may have been a major underestimate.Shell's profit for the first three months of 2026 more than doubled to $6.9bn, as did BP's, to $3.2bn. TotalEnergies profits also surged by more than 50%, up to $5.8bn. Even in the Gulf itself, where the flow of oil through the strait of Hormuz has been heavily restricted, some companies have still flourished. Aramco, the state oil company of Saudi Arabia, saw its profits soar by 26% to $33.6bn in the first quarter.The Financial Impact on ConsumersThose four companies alone, benefiting not just from the oil price hike but also bumper oil-trading profits, made $23m an hour for the whole of January, February and March. And the Iran conflict only started on 28 February.To get some idea of the scale of this, imagine I gave you $6,200. What would you do? Pay off a loan? Book a fancy holiday? A second later, I give you another $6,200; then again, for hours, weeks and months. That is the rate of profit of just those four companies.There is plenty more to come for the industry. Oil and gas supplies will take months to return to prewar levels, and reserves are getting dangerously low. Even if the oil price remains at today's level of about $100 a barrel, those 100 companies will make $234bn by the end of the year. Remember, the companies, and petrostates such as Russia, have done no extra work for this, just ridden a soaring oil price. Also remember, you are paying for this. Where I live in the UK, household energy bills are about to jump by £209 ($280) a year for the average home.The Industry's Climate ObstructionThe profits are extreme, but not new: big oil and gas has been wildly profitable for decades. It has made an average $1tn a year in pure profit for about 50 years. The fossil fuel sector also benefits from explicit subsidies that totalled $1.3tn in 2022, according to the International Monetary Fund.These riches have funded the lobbying and campaigns that block climate action and have done so for years, long after the science became crystal clear. As an example of the consequences, the UK's official climate advisers said on Tuesday that all care homes and hospitals will need air conditioning within the coming 10 years, to stop the heat killing people.The Green Transition AccelerationBut here's that silver lining I promised: these peak profits contain the seeds of their own downfall. Sky-high fossil fuel prices are pushing people, companies and nations to supercharge their rush towards green power for the simple reason that it is now cheaper and more reliable. Solar power does not need to transit through the strait of Hormuz, as Bill McKibben has observed.The numbers on the surge in renewable energy deployment, already exponential, are not yet in, but they will almost certainly be huge. Green funds are already attracting billions of dollars in new investments and one consultancy estimates that an oil price of $100 a barrel will drive $4tn of extra green investment by 2030.Big oil remains a formidable political force but, on the ground, people are already voting with their feet. Sales of new electric cars in the UK leapt by 59% in April, for example. The pain and anger of today's energy crisis may yet become a critical turning point in confronting the climate crisis.
#Big Oil #Iran Conflict #Renewable Energy
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Politics May 22, 2026

Turkish Court Ousts Leader of Main Opposition Party CHP

A Turkish court has annulled the 2023 leadership election of the main opposition Republican People'…
The Ousting of CHP Leader Ozgur Ozel A court in Turkey has annulled the 2023 leadership election of the main opposition Republican People's Party (CHP), in a sharp escalation against the country's embattled opposition. The ruling overturned the result of a leadership election that brought in current party head Ozgur Ozel, with the court naming the party's former chair, Kemal Kilicdaroglu – who lost the election to Ozel – as interim leader. The Impact on Turkish Politics The case was seen as a test of Turkey's shaky balance between democracy and increasingly centralised power, and the ruling may throw the opposition into further disarray and possible infighting. It could also boost Erdogan's chances of extending his more than two-decade rule of the big NATO member country and major emerging market economy. The CHP's Response to the Court Ruling The CHP rejected the ruling as an “attempted coup”, while the government – which denies criticism that it uses courts to target political opponents – said it renewed Turks' faith in the rule of law. Ali Mahir Basarir, CHP deputy parliamentary group chair, told the Reuters news agency the ruling “is an attempted coup carried out through the judiciary [and] a blow against the will of 86 million people”. Economic Fallout and Future Implications Turkey's Borsa Istanbul .XU100 dropped 6 percent in response, triggering a market-wide circuit breaker, while government bonds slid. The central bank sold billions of dollars in forex to ease the fallout, four traders said. Investors said the latest political turmoil would be watched for similar risks. The Future Outlook for CHP and Turkey The pro-Kurdish DEM Party (Peoples' Equality and Democracy Party), parliament's third-largest, called the court decision a “black stain” on Turkish democracy. The reinstated CHP leader Kilicdaroglu, who had largely faded from public view since his electoral defeat three years ago, called for calm and common sense, saying he hoped Turkey would benefit from it.
#Turkey #CHP #Ozgur Ozel
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Health May 22, 2026

UK Melanoma Diagnoses Surge Past 20,000, Forecasts 26,500 Annual Cases by 2040

Cancer Research UK reports a record 20,980 melanoma diagnoses in 2022, the first time UK cases have…
The latest analysis by Cancer Research UK reveals that melanoma, the most serious form of skin cancer, hit a historic high in the United Kingdom last year, with 20,980 diagnoses in 2022. Experts warn that without stronger prevention measures, annual cases could climb to 26,500 by 2040, coinciding with hotter summers and an ageing demographic. Record Melanoma Diagnoses in 2022 For the first time, UK melanoma cases have exceeded the 20,000 mark. The surge reflects broader trends in skin‑cancer incidence and underscores the urgency of public‑health interventions. Projected Growth to 26,500 Cases by 2040 Forecasted annual cases for 2040: 26,500 Increase of 23% among men Increase of 26% among women Drivers: ageing population, higher UV exposure, and lifestyle factors Public Health Implications Amid Heatwave Alerts Heat health alerts have been issued for the upcoming bank‑holiday weekend, with temperatures expected to reach up to 30°C in parts of England. Elevated UV levels amplify the risk of sunburn and, consequently, melanoma development, especially for vulnerable groups. Preventive Strategies and Policy Recommendations Key voices—including Michelle Mitchell, CEO of Cancer Research UK, and Prof Peter Johnson, NHS England’s national clinical director for cancer—stress the importance of: Seeking shade during peak sun hours Wearing protective clothing, hats, and sunglasses Applying broad‑spectrum sunscreen with at least SPF 30 and reapplying regularly Promptly consulting a GP about new or changing moles, sores, or skin patches Outlook for Sun Safety and Cancer Prevention If the public adopts these preventive measures, the rise in melanoma cases could be mitigated despite demographic pressures and hotter summers. Ongoing education, stronger sunscreen regulations, and targeted campaigns during heatwaves are likely to shape the trajectory of skin‑cancer incidence in the UK over the next two decades.
#Cancer Research UK #Melanoma #NHS England
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Politics May 22, 2026

UN Peace Envoy Warns of Permanent Gaza Divide Under Current Status Quo

UN Peace Envoy Nickolay Mladenov warns that the deteriorating status quo in Gaza risks becoming per…
The Diplomatic Warning The high representative overseeing the United States-founded Board of Peace for Gaza, Nickolay Mladenov, has warned that the deteriorating status quo in the devastated Palestinian enclave risks becoming "permanent." Speaking to the United Nations Security Council (UNSC), Mladenov presented a roadmap detailing obligations for Israel and Hamas to implement a permanent ceasefire. "Let me say this clearly: the implementation cannot advance through Palestinian obligations alone," Mladenov said, speaking via video call. "The continued killings and Israeli restrictions affecting humanitarian flows are not abstract issues." He urged the UNSC to use "every means at its disposal" to press Hamas to disarm, while also saying that Israel must uphold its commitment under a ceasefire agreed in October. The Humanitarian Crisis The war that Israel launched following the October 7, 2023 attacks on southern Israel by Hamas and other armed Palestinian groups was halted by a ceasefire in October 2025. More than 72,775 Palestinians have been killed in the conflict. But the Israeli military maintains a strict security regime, and many hundreds more have been killed in the past seven months. Conflict monitors warn that since the ceasefire in the US-Israel war on Iran was struck last month, Israeli bombardment of Gaza has accelerated. Violent raids by settlers and the military in the occupied West Bank have also been increasing. On Thursday, an Israeli drone attack killed a 26-year-old in Gaza's al-Mahatta area, east of Deir el-Balah city, according to Wafa news agency. The Stalled Peace Process In January, the US announced that the Gaza "ceasefire" was moving to phase two, which is supposed to focus on Hamas's disarmament, long-term governance and the establishment of a panel of Palestinian technocrats to lead post-war Gaza. It also calls for the gradual retreat of the Israeli army, which still controls more than 50 percent of the Palestinian territory, and the deployment of an international stabilizing force. But with the war in Iran drawing the world's attention amid a global energy crisis, the transition to the second phase has been stalled for weeks. Mladenov, a veteran Bulgarian diplomat, warned of the risks of inaction by both parties. The Regional Implications "The risk is that the deteriorating status quo becomes permanent: a divided Gaza, Hamas holding military and administrative control over two million people across less than half the territory," Mladenov said. "Those people are likely to remain trapped in the rubble, dependent on aid with no meaningful reconstruction, because reconstruction financing will not follow where weapons have not been laid down." "And the result? Another generation growing up in tents in fear, with despair as the most rational thing for them to feel." This, he said, is a scenario that Israelis, Palestinians and the region "should all fear and mobilize to avoid."
#Nickolay Mladenov #Gaza #UNSC
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Sports May 21, 2026

USMNT Defender Chris Richards Faces World Cup Uncertainty After Torn Ankle Ligaments

Crystal Palace manager Oliver Glasner confirmed that USMNT centre‑back Chris Richards has torn two …
Lead: Injury clouds USMNT defender’s World Cup prospectsCrystal Palace manager Oliver Glasner confirmed that US national team centre‑back Chris Richards has torn two ligaments in his ankle, putting his participation in the 2026 World Cup in doubt.Richards’ ankle injury sidelines him for upcoming fixturesInjury confirmed Thursday, described as “stable but quite swollen”.Will miss Crystal Palace’s match against Arsenal and the Conference League final in Leipzig.Glasner said recovery depends on reducing swelling and medical treatment.Minutes logged and caps underline Richards’ importance2,827 league minutes and 45 starts for Palace this season.13 USMNT caps earned since the start of 2025.Named USMNT Men’s Player of the Year in January.USMNT’s defensive depth tested ahead of the World CupOnly four centre‑backs have logged 500+ minutes under Mauricio Pochettino.Current regulars: Tim Ream, Miles Robinson, Mark McKenzie, with Auston Trusty gaining recent praise.Potential addition Noahkai Banks remains undecided between the US and Germany.What the next weeks could mean for Richards and the US squadSquad to be announced on 26 May; Richards may join camp late due to Palace commitments.USMNT friendlies vs Senegal (31 May) and Germany (6 June) are final tune‑ups.World Cup opener against Paraguay on 12 June in Los Angeles.
#Chris Richards #Crystal Palace #USMNT
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Entertainment May 21, 2026

Kingfisher Audiobook Review: Love, Desire and Power in Rozie Kelly’s Debut

Rozie Kelly’s debut novel *Kingfisher*, narrated by Dan Bottomley, examines an age‑gap relationship…
Snapshot of Kingfisher’s Audiobook AppealThe Guardian’s review frames *Kingfisher* as a smart, reflective audiobook that delves into an unconventional romance while interrogating power dynamics and familial trauma. Narrated by Dan Bottomley, the 6hr 1min production offers listeners a lyrical journey through the protagonist’s obsession and the poet’s fragile world.Plot and Character Dynamics UnpackedThe story follows an unnamed creative‑writing academic who becomes infatuated with an Irish poet, seventeen years his senior and celebrated for her bird‑themed novels. Their meetings on a riverbank bench evolve from casual lunches to a caregiving partnership when the poet is diagnosed with breast cancer, contrasting sharply with the protagonist’s strained relationship with his mother, Hetty, and his long‑term partner, Michael.Unnamed academic – narrator and central viewpoint.Irish poet – the object of desire, author of bird stories.Michael – gym‑owner boyfriend, representing the protagonist’s ordinary life.Hetty – mother whose disapproval of her son’s sexuality adds familial tension.Runtime and Production MetricsThe audiobook runs 6 hours 1 minute, a length that allows for deep immersion without overstaying its narrative arc. Dan Bottomley’s narration is praised for its deft guidance, balancing the novel’s lyrical prose with the emotional weight of the characters’ experiences.Literary and Societal Implications of the StoryBeyond its plot, *Kingfisher* offers a fresh perspective on age‑gap relationships, positioning desire as a conduit for both empowerment and vulnerability. The review notes the novel’s commentary on parental influence, particularly how Hetty’s disapproval shapes the protagonist’s identity and choices, echoing broader conversations about LGBTQ+ acceptance and intergenerational trauma.Future Prospects for Rozie Kelly and Age‑Gap NarrativesHaving been shortlisted for this year’s Women’s Prize for Fiction, Kelly’s debut positions her as a compelling new voice in contemporary literature. The Guardian suggests that her nuanced handling of love, power, and caregiving could set a precedent for more complex age‑gap stories, and anticipates heightened interest in her next project, whether in print or audio format.
#Rozie Kelly #Kingfisher #Guardian
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Business May 21, 2026

BT Warns of Smartphone Price Rises Due to Chip Shortages from AI Boom

BT warns that smartphone prices may rise due to chip shortages caused by the boom in artificial int…
The Impact of AI on Chip Supply Chains BT has warned that the cost of smartphones could rise as technology companies buy up semiconductor chips due to the boom in artificial intelligence, putting pressure on supply chains. Chip Shortages and Price Increases The telecoms company’s chief executive, Allison Kirkby, said she was anticipating shortages as tech firms bought large quantities of memory chips to power the datacentres relied on by AI. Kirkby added that price increases would mainly hit smartphone handsets, but could also affect the cost of routers. The Data Analysis Memory chips are essential for almost every modern item of electronics and are also used in other important components such as graphics cards. The largest manufacturers of laptops and phones, including Microsoft, Samsung and Dell, have already begun to put up prices in response to the chip shortages and have pulled cheaper models from the market. Sony has also hiked the price of its PlayStation 5 consoles, including a $100 (£75) increase in the US, while Nintendo has confirmed a price rise for its Switch 2. The Impact Analysis A global investment spree in AI has led to a huge expansion of server farms, enormous banks of computers filled with high-end memory chips. These requirements are not only consuming the world’s current supply of chips, but also production capacity for the coming years, creating shortages and driving up the cost of electronics. The Prediction Kirkby said she had not yet seen price increases from premium handset manufacturers, but expected companies such as Apple to pass higher costs on to customers. BT plans to cut costs by a further £700m over the next four years and reported flat full-year earnings and falling revenues.
#BT #Artificial Intelligence #Chip Shortage
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Economy May 21, 2026

Britain's Bond Market Obsession: Why Politicians Should Focus on the Bank of England Instead

British politicians are overly concerned about bond markets and 'bond vigilantes' rather than focus…
The Bond Market Obsession in British PoliticsA spectre is haunting British politics: the bond markets. Recent political discourse has been dominated by fears of "bond vigilantes" punishing fiscal policies they deem irresponsible, as evidenced by Chancellor Rachel Reeves' warnings following local election results. This obsession has created a situation where democratic mandates for change are being vetoed by investors, leading to what economist Thandika Mkandawire termed "choiceless democracies."The Bank of England's Role in Rising Borrowing CostsThe Bank of England has become a significant factor in Britain's high borrowing costs, often overlooked in political debates. Since 2022, the Bank has sold £134bn in gilts, with its share of UK gilt holdings nearly halved in three years. This year alone, it sold £7.6bn in gilts, with another £12bn planned. Investors calculate that active quantitative tightening has added up to 0.7 percentage points to UK borrowing costs—what might be called the "Bailey premium," recognizing the role of Bank Governor Andrew Bailey in the gilt market.The Financial Impact of Inflation-Linked BondsBritain's unique vulnerability to inflation-linked gilts, or "linkers," has created a significant budgetary challenge. With about a quarter of its bonds inflation-pegged—more than twice as many as Italy or France—the British government has had to pay a staggering £153bn in additional debt service since the 2022 Russia price shocks. This creates an ironic situation: when the Bank misses inflation targets, the government pays bond investors compensation, further straining public finances.Pension Funds and the Future of UK DebtThe UK's pension system, particularly defined contribution schemes where workers bear investment risks, is reshaping the government bond market. These funds prefer high-yielding investments like stocks and private equity rather than government bonds. The Office for Budget Responsibility estimates that pension funds will halve their gilt holdings over the next decade, eventually resulting in an increase in annual debt interest costs of about £22bn. This represents a political choice that could be reversed through policy interventions.Toward a Democratic Model of Central BankingIf the UK wants transformative change, it needs a new model of central banking that serves the common good rather than being influenced by bond markets. This includes reevaluating the Bank of England's role, phasing out inflation-linked bonds, and redirecting pension fund investments toward public essentials. The recent Pension Schemes Act 2026 provides an opportunity to channel workers' capital into public ownership of essential services such as housing, water, and transport. These are hard political choices, but they exist for those willing to challenge the status quo of managed British decline.
#Bank of England #Bond Markets #UK Politics
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World Wide May 21, 2026

Israel Begins Deporting Gaza Aid Flotilla Activists Amid Global Outcry

Israel has started deporting hundreds of activists who were abducted by Israeli forces while attemp…
The Deportation Process Israel has begun deporting the hundreds of activists abducted by Israeli forces who stormed a Gaza aid flotilla earlier this week, according to the Legal Center for Arab Minority Rights in Israel, Adalah. The rights group told Al Jazeera on Thursday that most of the roughly 430 abducted activists were being transported to Ramon Airport in southern Israel, from where they would be deported. The rest will be deported from Ben Gurion Airport in Tel Aviv. Global Condemnation The abductions have been widely condemned, with the foreign ministers of 10 countries, including Spain, Brazil and India, slamming Israeli forces’ actions as “blatant violations of international law and international humanitarian law”. Israel’s treatment of the activists has since been condemned by more countries, including several key allies, after far-right National Security Minister Itamar Ben-Gvir posted a video on X on Wednesday of him taunting activists who were kneeling on the floor with their hands tied behind their backs. International Repercussions In response, several countries, including France, Canada, Spain, Portugal and the Netherlands, summoned the Israeli ambassadors to their capitals to express their outrage. Meanwhile, European Council President Antonio Costa said he was “appalled” by Ben-Gvir’s behaviour, calling it “completely unacceptable”. “It really goes to show how much Israeli authorities wanted to make a show out of [this] and how it’s very much an extension of the Israeli treatment towards Palestinians, which obviously gets a lot less of a public outcry,” Miriam Azem, the international advocacy coordinator at Adalah, told Al Jazeera. The Future Outlook Earlier, Turkiye announced it was sending chartered flights to Israel to repatriate some of its citizens and those of third countries, including Spanish nationals. Jordan has confirmed that two of its nationals have returned home via the southern crossing with Israel. Reporting from Ramallah in the occupied West Bank, Al Jazeera’s Nida Ibrahim said the ongoing deportations were the fastest Israel has ever carried out, as it scrambles to contain the public relations damage caused by Ben-Gvir’s video. Ibrahim added that many Palestinians believe the incident has gained more international attention because those mistreated were from foreign countries.
#Israel #Gaza #Flotilla
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