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The United States is grappling with unprecedented levels of income and wealth inequality. The average household income in New York City stands at $131,000, yet this figure belies the stark reality that a small elite captures a disproportionate amount of wealth, leaving millions struggling to make ends meet. This extreme inequality has far-reaching economic, political, and social consequences, eroding trust in institutions and leading people to believe that the system is rigged. The issue is not unique to the U.S., as nearly one-fifth of the world's super-rich live in New York, but it is more pronounced in the U.S. than in almost any other advanced economy. A recent global inequality report found that between 2000 and 2024, the richest 1% captured 41% of all new wealth, while the bottom half of humanity received just 1%. The concentration of wealth is staggering, with billionaires now owning 16% of global GDP, up from 3% in 1987. The main driver of this trend is the failure to effectively tax the super-rich. Research has shown that in the 1960s, the 400 richest Americans paid about 50% of their income in taxes, but today they pay around 24%. This pattern is not unique to the U.S., as similar trends have been observed in Europe and other countries. Experts argue that a progressive tax system is necessary to address this issue. A minimum tax of 2% on the wealth of the super-rich has been proposed as a straightforward way to ensure they meet their obligations to society. Several countries, including Spain and Brazil, have committed to implementing this tax, and other nations are considering similar measures. In the U.S., there are signs of a paradigm shift. California voters will consider a tax on billionaire wealth this November, and Washington state has approved a 9.9% income tax on million-dollar incomes. In New York, there are calls to increase taxes on the rich and large corporations to fund essential public services. The authors of the article, Joseph E. Stiglitz, Zohran Mamdani, and Gabriel Zucman, emphasize that the idea of billionaires paying higher tax rates than working people is not radical, but rather a necessary step towards restoring a basic social principle: that those with the most should contribute their fair share so that everyone can live with dignity.

The ongoing conflict in Iran has led to a significant increase in oil prices, with the world's top 100 oil and gas companies reaping enormous profits. In the first month of the war, these companies banked more than $30m every hour in unearned profit, according to exclusive analysis for the Guardian. This translates to estimated windfall profits of $23bn for the month of March, with Saudi Aramco, Gazprom, and ExxonMobil among the biggest beneficiaries.The surge in oil prices to an average of $100 (£74) a barrel has resulted in a substantial increase in profits for these companies. If the oil price continues to average $100, the companies are expected to make $234bn by the end of the year. The analysis uses data from a leading intelligence provider, Rystad Energy, analysed by Global Witness.The excess profits come from the pockets of ordinary people as they pay high prices to fill up their vehicles and power their homes, as well as from businesses incurring higher energy bills. Dozens of countries have cut fuel taxes to help struggling consumers, but this has resulted in reduced revenue for public services.Pressure is growing for windfall taxes on the war profits of oil and gas companies, with the European Commission considering a request from the finance ministers of Germany, Spain, Italy, Portugal, and Austria. The ministers argue that this would help ease the burden on the general public and finance temporary relief measures.Aramco is expected to make a war profit of $25.5bn in 2026 if the oil price averages $100. This is on top of the huge profits habitually made by the majority state-owned Saudi company – $250m a day between 2016 to 2023. ExxonMobil, which has a long record of denying climate change, will take in $11bn in unearned war profits in 2026 if the $100 price endures.The impact of the Iran war is likely to be long lasting, with the head of the International Energy Agency, Fatih Birol, describing it as the biggest shock ever to the global energy market. The UN's climate chief, Simon Stiell, warned that fossil fuel dependency is ripping away national security and sovereignty, and replacing it with subservience and rising costs.

Spain's government has approved an ambitious amnesty program aimed at granting legal status to an estimated 500,000 undocumented immigrants. This move, passed by Prime Minister Pedro Sanchez's administration, is set to open the application process on April 16. By taking this step, Spain diverges from the trend in Europe and other parts of the world where anti-immigration sentiments are on the rise.The decree, which amends immigration laws, was fast-tracked to bypass parliament, where Sanchez's left-wing government lacks a majority. This measure had previously failed to gain approval from lawmakers. Under the plan, eligible migrants can seek a one-year residency and work permit if they meet certain conditions, such as arriving in Spain before January 1, living in the country for at least five months, and having no criminal record.Migration Minister Elma Saiz announced that applications can be submitted online starting Thursday and in person from April 20, with the window closing on June 30. After a year, those granted the temporary measure will be eligible to apply for other work or residency permits. Sanchez described the move as “an act of justice and a necessity”, emphasizing the demographic challenges Spain faces with an ageing society.The opposition, led by Alberto Nez Feijo of the People's Party, criticized the move as “inhumane, unfair, unsafe, and unsustainable”. However, it's worth noting that the centre-right party itself carried out mass legalizations of migrants in the early 2000s when it was in power. The government estimates that around half a million people could be eligible, though analysts suggest the figure might be higher.A union representing immigration officers has demanded more resources, warning that the government is unprepared for the challenge. Sanchez argued that “without new people working and contributing … prosperity slows”, highlighting that migrants have been crucial to Spain's economic growth, which is currently the fastest in Europe.

Spanish cyclist Jaume Guardeno continues to fight for his life in the intensive care unit (ICU) of Tauli Hospital in Sabadell, two weeks after a severe training accident. The 23-year-old rider from Spain was involved in a collision with a vehicle on March 31, which resulted in serious head injuries.Guardeno's condition remains critical but stable, with his team, Caja Rural-Seguros RGA, providing regular updates on his progress. He is under constant monitoring and is scheduled to undergo further medical procedures in the coming days to aid his recovery.The young cyclist had shown promise in the sport, finishing 14th in the Spanish Vuelta last year and 29th in the Volta a Catalunya just days before the accident. His team is set to make its Tour de France debut this year, highlighting Guardeno's potential.Cycling has seen a resurgence in popularity with riders like Tadej Pogacar, Mathieu van der Poel, and Wout van Aert, but the sport still carries significant risks. Recent incidents include Olympic champion Tom Pidcock pulling out of the Volta a Catalunya after a crash and Italian cyclist Debora Silvestri being hospitalized after a crash during the women's Milan-San Remo.

In a tense showdown at Wembley, England’s women’s national team edged past Spain 1‑0 to keep their World Cup qualifying campaign flawless. Lauren Hemp opened the scoring in the third minute, a strike that set the tone for a match defined by English resolve. Coach Sarina Wiegman entered the game with a clear plan: abandon possession‑heavy play and adopt a compact low‑block to frustrate Spain’s technical superiority. Captain Keira Walsh echoed this approach, noting that “you can’t go toe‑to‑toe with Spain for possession”. The strategy paid off as England held the ball for only 36.7% of the time, yet limited the visitors to 21 chances, just three of which were on target. Defensively, England were razor‑sharp. The side recorded 21 tackles with a 61.9% success rate, and the newly‑formed partnership of Lotte Wubben‑Moy and Esme Morgan kept the Spanish attack at bay. Goalkeeper Hannah Hampton cemented the clean sheet with a world‑class save from Edna Imade’s close‑range header, preserving the lead. Beyond Hemp’s early goal, the attacking trio of Lauren James on the left and Lucy Bronze on the right added width and defensive cover, showcasing the squad’s evolution since last year’s goalless draw. While Wiegman admitted the team “could have been higher up the pitch”, she praised the collective effort that made Spain uncomfortable once the English side entered the opponent’s half. The victory propels the Lionesses to the top of their qualifying group with three wins from three games and a healthy goal difference. A return fixture in Mallorca in June now looms, but England have already secured a psychological edge.

Donald Trump publicly rebuked Italy’s Prime Minister Giorgia Meloni, claiming she showed no courage for refusing to support a U.S. strike on Iran. The remarks were made during an interview with Italy’s Corriere della Sera, where Trump said, “I’m shocked at her. I thought she had courage, but I was wrong.”Meloni’s stance follows her government’s decision to suspend the automatic renewal of the defence cooperation memorandum with Israel, citing the “current situation” as justification. The move marks the first time Italy has halted the agreement, which had been in place since 2016 and facilitated military exchanges and technology sharing.Trump escalated the dispute, stating, “Giorgia Meloni doesn’t want to help us in the war… Does she like it? I can’t imagine.” He also linked his criticism to broader frustrations with European allies, accusing them of “abandoning” the United States and urging them to “go get your own oil.”Relations between Washington and Rome have already been strained after Trump’s earlier attacks on Pope Francis, whom he described as “not doing a very good job” and urged to stop “catering to the radical left.” Meloni condemned those comments as “unacceptable,” emphasizing that religious leaders should not be forced to follow political directives.Amid the diplomatic fallout, Italy is grappling with domestic challenges. A recent justice referendum, backed by the government, was defeated, a result analysts interpret as a broader vote of no confidence in Meloni’s leadership. Economic anxieties are rising as the ongoing Iran‑Israel conflict threatens global energy supplies, with the Strait of Hormuz blockade contributing to a sharp increase in diesel prices across Europe.Political historian Lorenzo Castellani of Luiss University described the situation as a “repositioning,” noting that Meloni may be wary of alienating centre‑right voters who are increasingly critical of Trump, Israeli Prime Minister Netanyahu, and the war’s economic repercussions.Despite the tension, Meloni reiterated that Washington remains a “priority ally,” adding that true alliances require candour: “When you are friends, particularly strategic allies, you must also have the courage to say when you disagree.”Trump’s remarks also targeted other NATO members, suggesting that countries like Spain could face troop withdrawals and accusing the United Kingdom of failing to “step up.” His comments underscore growing fractures within the alliance as the Iran conflict escalates.In parallel, Italy’s diplomatic ties with Israel are under pressure. The suspension of the defence memorandum follows a series of incidents, including Israeli airstrikes that have caused thousands of casualties in Lebanon and a near‑miss involving Italian UN peacekeepers in southern Lebanon. Italy’s ambassador to Israel was summoned after Foreign Minister Antonio Tajani condemned the Israeli raids during a visit to Beirut.The confluence of these diplomatic disputes—Trump’s criticism of Meloni, the halted Israel‑Italy defence pact, and broader NATO tensions—highlights a volatile period for European‑U.S. relations amid an intensifying Middle‑East conflict.

On O’Connell Street, a lime‑green CLAAS tractor arrived with a 19‑year‑old driver named Dylan, who explained that his convoy was the second to join a city‑wide fuel blockade that halted traffic for nearly a week. The protest, organized by farmers, hauliers and fishermen, highlighted the impact of a 60% increase in fuel duties and taxes on everyday Irish life. Dylan warned that the surge in fuel costs would eventually ripple through food prices, threatening household budgets across the nation. He and his companions, two teenagers, had endured cold nights inside the tractor, underscoring the desperation felt by many workers. The unrest, described by the Irish president as an "illegal war on Iran," has laid bare Ireland’s dependence on fossil fuels and the lack of a coherent transition strategy toward renewable energy. During six days of action, protestors blocked motorways, ports, the country’s sole oil refinery in County Cork, and fuel depots in Limerick and Galway. By the end of the week, petrol stations began to run low, prompting the justice minister to consider deploying the army. Yet on the streets, public sentiment was largely supportive; a recent poll indicated that 56% of respondents backed the demonstrators. Historical symbolism filled the scene: tractors flew the Irish tricolour beside buildings still scarred by the 1916 Easter Rising, while a lorry bore a painted coffin with the words "RIP Ireland" and a banner reading "Easter 2026". Critics on national radio questioned the tactics, citing concerns for vulnerable patients unable to reach medical appointments. Nonetheless, the direct‑action approach succeeded in drawing international attention and pressuring the government. When mounted police units arrived on Sunday morning, the convoy withdrew peacefully. Shortly thereafter, the coalition of Fianna Fáil and Fine Gael announced a €500 million concession package, augmenting an earlier €250 million relief plan with cuts to excise duty and a postponement of the next carbon‑tax increase. Despite the financial concessions, a looming no‑confidence vote appears unlikely to topple the centre‑right coalition, even as public trust in traditional parties wanes. Dylan, too young to have voted in the last election, expressed little confidence in the political establishment. The protests have also been infiltrated by far‑right elements, with some speakers promoting anti‑immigrant conspiracies and misogynistic rhetoric. One spokesperson was found to have prior convictions for animal cruelty, and the Muslim Sisters of Éire reported being told to "go home" by flag‑waving agitators, highlighting a surge in xenophobic discourse. Beyond the immediate fuel price surge—up roughly 20% in a single month—the demonstrations raise broader questions about Ireland’s reliance on volatile global markets. The nation imports over 80% of its fruit and vegetables, while its data‑centre sector now consumes more electricity than all urban households combined, underscoring the tension between economic growth and sustainable energy policy. Analysts argue that lasting change cannot be achieved by pushing working people to the brink while catering to corporate interests. Ireland is expected to lobby the EU for a pause on carbon‑tax increases and to join calls for an EU‑wide tax on oil and gas profits, similar to measures advocated by Spain. In sum, the Dublin fuel blockade has forced the government to concede significant fiscal relief, exposed deep structural vulnerabilities in Ireland’s energy and food supply chains, and sparked a contentious debate over the role of grassroots protest, social cohesion, and climate justice.

The US naval blockade of Iranian ports in the Gulf has taken effect, marking a significant escalation in the ongoing conflict between the US-Israeli coalition and Iran. The blockade, which began on Monday at 5:30 pm Iranian time, applies to any ships entering or departing Iranian ports or coastal areas.US Central Command (Centcom) did not make a formal announcement, but the move is seen as a test of economic endurance for both nations. The blockade aims to restrict Iran's oil exports and imports, potentially costing the country approximately $276 million a day in lost exports and disrupting $159 million a day in imports, according to Miad Maleki, a former US treasury official.Iran has warned that the blockade will lead to higher petrol prices, which could impact ordinary Americans. The country's parliamentary speaker, Mohammad Bagher Ghalibaf, taunted the US, saying Americans would soon be nostalgic for $4-$5 gas. The current average petrol price in the US is $4.13 a gallon, up from $2.98 before the conflict began.The conflict has also drawn in other nations, with France planning to organize a conference to create a multinational mission to restore navigation in the Strait of Hormuz. However, Germany, Spain, Italy, Poland, and Greece have ruled out sending naval forces to support the blockade. The UK has also stated that it does not support the blockade and will not be drawn into the war.The situation remains volatile, with Iran threatening to retaliate if its ports are threatened, and the US warning that any Iranian attack boats approaching the US flotilla will be "immediately eliminated". The conflict has also sparked a war of words between US President Donald Trump and Pope Leo XIV, with the pope condemning the use of religious language to justify the war in Iran.

The Iranian military has strongly condemned the US plan to blockade its ports, calling it an act of piracy. The blockade, set to begin on Monday at 14:00 GMT, would restrict all vessels entering or departing Iranian ports. The Iranian army has warned that if its ports are threatened, no port in the Persian Gulf and Arabian Sea would be safe.The US Central Command has stated that the blockade would be enforced impartially against vessels of all nations entering or departing Iranian ports. However, the military would not impede vessels transiting the Strait of Hormuz to and from non-Iranian ports. The Strait of Hormuz is a critical route for global oil and gas shipments.Oil prices surged almost 8 percent on Monday, with both key WTI and Brent contracts topping $100 a barrel. The increase comes amid concerns over the potential impact of the blockade on global energy supplies.The move has been criticized by China, which urged Iran and the US not to reignite the war. Spain's Defence Minister Margarita Robles said the planned naval blockade 'makes no sense', while UK Prime Minister Keir Starmer stated that Britain would not join the US blockade.