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World Economy Mar 29, 2026

US-Iran Conflict Drives Up Living Costs, Squeezing American Budgets

The US-Israel war against Iran has led to a significant increase in living costs in the US, affecti…
The ongoing US-Israel war against Iran has sent shockwaves through global markets, resulting in a substantial increase in everyday living costs for many Americans. Following the US-Israeli strikes on Iran, which prompted retaliatory attacks on US allies in the region and Iran's decision to close the Strait of Hormuz, a critical maritime passage, costs have surged across the US. In particular, gas prices have spiked sharply, with the national average rising by roughly 30% over the past month. Additionally, grocery bills, mortgage rates, and fertilizer costs have also climbed. As a result, many Americans are being forced to reassess their finances and cut back drastically on basic necessities such as food, clothing, and electricity. Individuals from various parts of the country, including Indianapolis, Massachusetts, New York, and Pennsylvania, have shared their struggles with rising costs and how they are impacting their daily lives and long-term financial planning. For instance, an Indianapolis bank employee named Lore has had to reduce his commuting and is holding on to his old car for as long as possible to avoid the financial burden of a new one. A Massachusetts-based librarian's husband has had to take on extra work to keep up with rising expenses, often working 12 to 14 hour days. An elderly woman in New York described living a very frugal existence and struggling to make ends meet each month. The strain is also hitting small business owners, with a tattoo artist and father in Pennsylvania forced to shut down his private studio after three years due to decreased demand. Rising costs are also intensifying anxieties around healthcare, with a bread factory worker in Michigan expressing concerns about his health and the potential risks he faces simply getting to work.
#costs #car #gas
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Sports Mar 29, 2026

Vingegaard Dominates Volta a Catalunya as Gilmore Steals Stage Seven Victory

Jonas Vingegaard triumphed at the Volta a Catalunya, continuing his strong start to the season. He …
Danish cyclist Jonas Vingegaard has made an impressive start to the season, securing a dominant victory at the Volta a Catalunya. He led the general classification by 1 minute and 22 seconds over France's Lenny Martinez and a further eight seconds ahead of Germany's Florian Lipowitz. In a surprising turn of events on the final stage, Brady Gilmore of the NSN team, backed by retired football star Andrés Iniesta, claimed a stunning stage seven victory. Gilmore edged out Dorian Godon and Remco Evenepoel in a thrilling bunch sprint finale. The 95km final stage featured seven circuits of Montjuïc in Barcelona, a venue that will host the Tour de France start in July. Vingegaard, the pre-race favorite, asserted his dominance with solo victories in stages five and six in the Pyrenees. Earlier this month, he also won two stages and the overall title at Paris-Nice. The Dane is planning a challenging double assault on the Giro d'Italia and Tour de France later in the year. 'We won two stages and now the GC, it's been a really good week and we're super happy with it,' Vingegaard said. 'It's been an amazing start to the year for me and I hope I can keep it going.' Meanwhile, in the In Flanders Fields one-day cobbled classic race in Belgium, Jasper Philipsen secured victory after a breakaway effort by Mathieu van der Poel and Wout van Aert was caught just a kilometer from the finish. Philipsen out-sprinted Tobias Lund Andresen and Christophe Laporte for the win.
#Jonas Vingegaard #Volta a Catalunya #Brady Gilmore
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Politics Mar 28, 2026

FBI Foils Assassination Plot Against Palestinian Activist Nerdeen Kiswani

The FBI has foiled a plot to assassinate Palestinian activist Nerdeen Kiswani, 31, co-founder of Wi…
The Federal Bureau of Investigation (FBI) has successfully thwarted a plot to assassinate prominent Palestinian activist Nerdeen Kiswani, co-founder of the activist group Within Our Lifetime. According to authorities, a suspect, Andrew Heifler, 26, was taken into custody for allegedly planning to throw Molotov cocktails at Kiswani's home in New York City.Kiswani, 31, was informed by the FBI's Joint Terrorism Task Force on Thursday of a threat against her life. The arrest was the result of an undercover law enforcement operation. Heifler was reportedly part of an offshoot of the far-right Jewish Defense League (JDL), an extremist group known for violent attacks against Arab American activists during the 1970s and 1980s.New York City Mayor Zohran Mamdani condemned the incident, stating, 'We will not tolerate violent extremism in our city. No one should face violence for their political beliefs or their advocacy.' Heifler had planned to flee to Israel after carrying out the attack. Authorities recovered eight Molotov cocktails from his residence during a search.The incident highlights the increasing harassment and surveillance faced by Palestinian rights activists in the US, both from government authorities and far-right pro-Israel groups. Kiswani had previously reported receiving threats, stating that 'Zionist organizations like Betar and politicians like Randy Fine have encouraged violence against my family and me' for several months.This foiled plot is part of a broader pattern of heightened tensions and threats against Muslim and Palestinian communities in the US, with advocates noting an increase in hateful rhetoric from US lawmakers.
#FBI #Nerdeen Kiswani #Andrew Heifler
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Sports Mar 28, 2026

Harrogate Town's Football League Status Hangs in the Balance

Harrogate Town faces a tough battle to preserve their Football League status, currently sitting in …
Harrogate Town's hopes of retaining their Football League status are dwindling as they struggle to find form in League Two. The team, managed by Simon Weaver, has had a dismal season so far, scoring just 29 goals in 40 games and conceding the most shots in the league. Despite a recent upturn in results, including an unbeaten five-game spell in February that yielded nine points, Harrogate still find themselves in 23rd place, only a point from a safe position. The team's home form has been particularly poor, with only three home victories all season. The club's struggles are compounded by the fact that they have not changed their manager this season, with Weaver being the longest-serving manager in the current EFL clubs, having been in the job since 2009. Weaver's father, Irving, is the club's chairman, which has led to a unique family dynamic in the club's decision-making process. Weaver has had to navigate a difficult season, with 19 new signings arriving since the end of last season and 36 players being used across the league campaign. The team has also suffered an injury crisis, with 12 senior players out for the long term at one point. Despite these challenges, Weaver remains optimistic about the team's chances of staying up, citing the 32% increase in home support over the past three years and the club's recent application for planning permission for a new training ground. However, with tough fixtures ahead, including matches against Bristol Rovers and Colchester, Harrogate will need to win their next few games to keep their pride intact and stay in the league.
#Harrogate Town #League Two #English Football League
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News Mar 27, 2026

Israel's Opposition Leader Slams Government's 'Multi-Front War Without Strategy'

Israel's opposition leader Yair Lapid criticizes the government's handling of the war with Iran and…
Israel's main opposition leader Yair Lapid has issued a stern warning that the ongoing war with Iran and Hezbollah in Lebanon is taking a devastating toll on the country. In a video address, Lapid accused the government of recklessly pushing the military into a 'multi-front war without a strategy, without the necessary means, and with far too few soldiers.'Lapid's comments echo concerns raised by military chief Eyal Zamir, who reportedly warned of the military being 'stretched to the limit and beyond' in a security cabinet meeting. This criticism comes as Israel's military continues its operations in Lebanon, with plans to establish a buffer zone up to the Litani River, about 30km from the border.The conflict has already resulted in significant casualties, with almost 2,000 people killed in US-Israeli attacks on Iran since February 28, and at least 19 people killed and over 5,229 wounded in Iranian attacks in Israel. The situation in the Gaza Strip remains dire, with Israeli forces continuing near-daily attacks, killing more than 700 Palestinians since October 2025.Lapid, a centrist figure in Israeli politics, has consistently criticized the government's handling of the war while supporting Israel's military campaigns in Gaza, Iran, Lebanon, and elsewhere. He has also expressed support for Israeli expansion as far as Iraq, citing Zionist and biblical foundations.The international community is watching closely, with Lebanon planning to complain to the United Nations Security Council over Israeli attacks, which it views as a threat to its sovereignty. As the conflict escalates, many analysts and politicians, especially in the Israeli opposition, question the effectiveness of the current government's strategy.
#israel #iran #hezbollah
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Environment Mar 27, 2026

Double Disaster: Women's Heightened Vulnerability in Post-Hurricane Caribbean

The Caribbean region reveals how women face disproportionate risks during natural disasters, from i…
When Hurricane Beryl devastated Union Island in St Vincent and the Grenadines in July 2024, 61-year-old Tedica Alexander found refuge at the Ashton community center, which her grandchildren called 'Final Destination.' As the storm intensified, the shelter quickly filled to capacity with 47 children and 147 adults, including three people using wheelchairs, while windows shattered and floodwaters rose above ankle height. Alexander's experience mirrors a broader pattern revealed across the Caribbean: women often take on caretaker roles during natural disasters, yet studies show this responsibility can make their experiences more difficult. UN Women reported in 2022 that pre-existing social and cultural demands on women as primary caregivers increase their vulnerability during disasters, with gendered roles making women and girls more likely to be killed in such events. While emergency shelters provide critical protection from storms, they often fail to address gender-based violence risks. A 2021 systematic review published in BMJ Global Health found that post-disaster environments frequently heighten risks for women and girls, with inadequate shelter infrastructure—such as lack of doors, walls, and locks—contributing to increased violence in Haiti, Japan, and Nepal. The International Federation of Red Cross and Red Crescent Societies has been working to address these challenges, according to Loyce Pace, the organization's Americas regional director. The federation publishes manuals providing guidance to agencies working during natural disasters, focusing on ensuring governments understand their roles in emergencies and have access to necessary resources. Despite these efforts, significant challenges remain. In the Bahamas, emergency shelter capacity accommodates only 3% of the population, according to Aarone Sargent, managing director of the Disaster Risk Management Authority. During Hurricane Melissa in 2025, approximately 1,800 people from the southern islands were evacuated to New Providence and accommodated in six or seven shelters. The recovery phase presents particular difficulties for women. As Pace notes, while immediate response has improved attention to vulnerable populations, the recovery period often proves more challenging, especially for single women seeking loans or rebuilding businesses. Alexander, whose home and livelihood were destroyed in Hurricane Beryl, continues to live without electricity or water, struggling to regain stability months after the disaster. As the Caribbean region faces increasingly frequent and intense storms, experts emphasize the need for gender-responsive disaster planning and adequate shelter infrastructure that addresses the specific vulnerabilities women and girls face before, during, and after natural disasters.
#UN Women #Caribbean Disaster Relief #Gender-Based Violence
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Economy Mar 26, 2026

Gulf Conflict Leaves Millions of South Asian Families in Debt and Despair

The US-Israeli war on Iran has had a devastating impact on millions of South Asian families whose l…
The recent escalation of conflict in the Middle East has sent shockwaves across South Asia, affecting millions of families who depend on remittances from their loved ones working in the Gulf nations. The war between the US and Israel on Iran has resulted in a significant increase in tensions, with Iranian attacks on Gulf neighbours causing widespread fear and uncertainty.For Jaya Khuntia, a father from India's Odisha state, the conflict has brought unimaginable tragedy. His 25-year-old son, Kuna, a pipe fitter in Qatar's capital Doha, died of a heart attack after hearing the sound of missiles and debris from interceptions falling near their residence. Kuna's death has left the family in debt and despair, with their hopes of paying off a 300,000-rupee ($3200) loan for the marriages of their two daughters shattered.Migrant workers from South Asia, totaling nearly 21 million people in the Gulf nations, are often engaged in blue-collar work, building or supporting the industries and services that drive the Gulf's success and prosperity. However, they are also among the most vulnerable, with many working in areas targeted by Iranian attacks, such as oil refineries, construction areas, airports, and docks.The suspension of work at many of these facilities, coupled with fears of a major economic downturn in the region, has left many workers and their families worried about the future of their jobs. Experts warn that remittances from the Middle East, a crucial economic backbone for South Asian nations, could be significantly affected, especially if Gulf economies contract and layoffs follow.For Hamza, a Pakistani migrant laborer working at an oil storage facility in the UAE, the conflict has brought a sense of fear and uncertainty. He witnessed a drone attack on a storage unit and was shaken by the experience. Despite the dangers, he said leaving is not an option, as his family depends on him.Imran Khan, a faculty member at the New Delhi Institute of Management, said migrant laborers from South Asia are often driven by desperation to take up jobs in the Middle East. He warned that these workers are the worst affected during crises, whether war or natural disasters.As the conflict continues, many South Asian workers are planning to return home. Noor, a migrant worker from Bangladesh employed at an oil facility in Saudi Arabia, said he no longer feels safe and plans to return home once his contract ends. His family, too, is deeply affected, with his children crying every time they call him, scared for his life.
#Gulf Cooperation Council #India #Pakistan
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Economy Mar 26, 2026

Malaysia's Expatriate Crackdown Sparks Talent Exodus Concerns Amid Policy Overhaul

Malaysia's new policy to raise minimum salary thresholds for foreign workers up to two-fold and cap…
Kuala Lumpur, Malaysia – For over a decade, Sanjeet, a business consultant from India, considered Malaysia his home. Having grown comfortable with the country's climate, people, and lifestyle, he had begun planning long-term investments, including property purchases.However, recent government initiatives to reduce Malaysia's reliance on foreign workers have abruptly disrupted these plans for Sanjeet and thousands of other expatriates. Starting June, minimum salary requirements for foreign workers will increase by up to 100%, while their maximum permitted stay will be limited to five or ten years."What was surprising was that this came out of the blue," Sanjeet, who requested to use a pseudonym, told Al Jazeera. "It does leave room for doubt in terms of long-term plans, which include things like buying a house or car here."Malaysia has long been an attractive destination for foreign labor, with approximately 2.1 million documented foreign workers currently in the country. While many take on manual labor at the minimum wage of 1,700 ringgit ($430) monthly, a smaller but significant pool of around 140 highly-paid expatriates contributes substantially to the economy.In 2024, Home Affairs Minister Saifuddin Nasution revealed that these high-salaried expatriates injected about 75 billion ringgit ($19 billion) into the domestic economy annually while contributing approximately 100 million ringgit ($25 million) in taxes.The government's latest five-year national strategy, released in 2025, warns that Malaysia's "continuous reliance" on low-skilled foreign workers has hampered technological adoption and created "ripple effects" in the labor market, including wage distortions and slow productivity growth.To address these concerns, authorities aim to reduce the foreign workforce proportion from 14.1% in 2024 to just 5% by 2035. This ambitious target is supported by new minimum salary requirements that will see thresholds increase from 10,000 to 20,000 ringgit ($2,500 to $5,000), 5,000 to 10,000 ringgit ($1,260 to $2,520), and 3,000 to 5,000 ringgit ($760 to $1,260) for different work permit categories.UK native Thomas Mead, a 28-year-old wealth manager who recently purchased property in Kuala Lumpur, expressed shock at the sudden policy changes. "However, the jump from RM10,000 to RM20,000 was quite a shock," he said, noting that some expatriates are already considering relocation options despite their reluctance to leave.The policy changes are also raising concerns among businesses. Douglas Gan, a Singaporean founder of a venture capital fund with Malaysian portfolio companies, warned that the new rules would drive up costs and make it challenging to recruit specialized talent. "If salaries increase to 10,000 ringgit, companies definitely won't bring them here," he said, advocating for a more tailored approach rather than a "blanket solution."Leonardo, an Indonesian professional working in Malaysia's computer games sector, faces downgrading to a lower employment pass category under the new rules, potentially jeopardizing his plans to bring his mother to live in the country. "My mum is alone and living in Indonesia. There was a thought that if I could settle here, I could bring her over," he said.Economic analysts caution that the success of these policies depends on Malaysia's ability to develop its local workforce. "The long-run gain depends less on blocking expats and more on whether Malaysia can actually supply the skills," said Wan Suhaimie, head of economic research at Kenanga Investment Bank. He emphasized that foreign workers on mid-tier employment passes are not extravagant hires but "core managers, engineers and specialists."Anthony Dass, CEO of FSG Advisory, noted that while the measures align with strengthening the local talent pipeline, their effectiveness will depend on complementary reforms in capability building and industry upgrading.As these policies take shape, expatriates like Sanjeet are already considering alternatives. "If Malaysia pursues these policies without a comprehensive rationale, then people like me will look for alternatives such as Vietnam, Thailand and elsewhere, which have favourable policies for expats," he concluded.
#Malaysia #Ministry of Human Resources #foreign workers
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World Economy Mar 26, 2026

UK urged to tax companies profiting from US-Israel war on Iran to fund cost of living support

UK Chancellor Rachel Reeves is being urged to raise taxes on companies generating 'windfall' profit…
UK Chancellor Rachel Reeves is facing pressure to raise taxes on businesses generating 'windfall' profits linked to the US-Israel war on Iran to fund emergency cost of living support for UK households.A group of leading charities, campaigners, and trade unions, including Greenpeace UK, the National Education Union, and Tax Justice UK, have written an open letter to Keir Starmer and Reeves, urging the government to strengthen its existing North Sea energy windfall tax and introduce new levies for firms in other sectors that stand to financially benefit from the conflict.The letter highlights that energy companies, banks, agricultural commodities businesses, defence companies, and tech firms are likely to profit from the economic fallout of the war. The group argues that the extra revenue generated from taxing these 'excess profits' could be used to support households struggling with the cost of living and invest in the UK's future energy security.R Reeves has signalled that the government is ready to provide targeted help for households grappling with the economic fallout from the Middle East conflict, amid a surge in energy prices since the onset of the war. The chancellor has also warned companies that she will not tolerate corporates profiteering from the crisis, telling bosses that the Competition and Markets Authority has been put on notice to detect and crack down on price gouging.The UK already has a windfall tax on North Sea oil and gas firms, the energy profits levy, which is due to run until 2030. However, Reeves had been planning to ease the tax before the US and Israel attacked Iran on 28 February.
#energy #companies #tax
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