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Economy Apr 26, 2026

Iran Reinstates Cheap Exchange Rate to Secure Essentials Amid War Uncertainty

Iran’s cabinet has revived a preferential exchange rate for imports of food, medicine and other bas…
Tehran, Iran – Amid a tentative cease‑fire with the United States and ongoing war‑related disruptions, Iran’s government has shifted its economic policy to prioritize the import of essential goods at a subsidised exchange rate. Reinstating a Preferential Exchange Rate for Essential Imports The cabinet added a clause to the annual budget allowing a 285,000 rials per US dollar rate for wheat, medicines, medical equipment and baby formula—far below the open‑market rate of 1.55 million rials and the budget rate of 1.23 million rials. This policy reversal follows protests against the previous plan to eliminate the cheap rate. Financial Scale of Subsidies and Sovereign Fund Withdrawals Up to $3.5 bn from oil and gas proceeds will be funneled to a network of trustees for essential imports. An additional $1 bn is slated to be drawn from the National Development Fund to purchase sugar, rice, barley, corn, soy‑bean meal, red meat and chicken. Current monthly cash assistance to citizens is less than $10 per person. Implications for Iranian Food Security and Inflation Officials say the cheap rate is intended to “guarantee food security” across 11 categories that have seen sharp price hikes, though exact inflation figures were not disclosed. The government is also considering larger handouts and electronic coupons to offset what is described as one of the world’s highest food‑inflation rates. Outlook for Iran’s Economy Amid Ongoing Conflict Analysts warn that while the exchange‑rate subsidy may provide short‑term relief, the broader economy remains vulnerable to sanctions, port blockades and the continued internet shutdown that has crippled jobs and commerce. The expanded powers granted to border governors to streamline imports could mitigate shortages, but persistent smuggling concerns and rising consumer anxiety suggest that price stability will be hard to achieve without a durable cease‑fire.
#Iran #Government #Essential Goods
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Politics Apr 26, 2026

Israel Feared Amal Khalil, Echoing the Shireen Abu Akleh Case

Israel’s security apparatus has flagged journalist Amal Khalil as a potential threat, drawing paral…
Israel has placed journalist Amal Khalil under surveillance, citing security concerns that mirror the circumstances surrounding the 2022 death of Shireen Abu Akleh. The development signals a possible escalation in the state’s approach to media personnel operating in contested areas.Renewed Scrutiny of Journalists After Abu Akleh’s KillingThe Israeli Defense Forces (IDF) announced a formal assessment of Khalil’s activities following a series of reports linking her to alleged propaganda efforts. Officials claim the review is "standard procedure," but critics argue it reflects a broader pattern of intimidation.Who Is Amal Khalil? Background and AllegationsAge: 32, Palestinian journalist based in East Jerusalem.Affiliation: Freelance correspondent for several Arab‑language outlets.Accusations: Accused of “inciting violence” through social‑media posts during recent protests.Legal and Diplomatic Repercussions for IsraelInternational watchdogs, including the Committee to Protect Journalists, have called for an independent inquiry. If Israel proceeds with formal charges, it could face:Potential sanctions from the European Union.Increased scrutiny from the United Nations Human Rights Council.Strained relations with the United States, which has urged “respect for press freedom.”Impact on Press Freedom in the RegionThe episode may deter journalists from covering protests and human‑rights abuses, reinforcing a climate of self‑censorship. Local media outlets have reported a rise in “security briefings” that advise reporters on how to avoid “unnecessary attention” from security forces.Outlook: What Comes Next for Media Workers in Israel‑Palestine?Analysts predict a two‑track scenario: intensified monitoring of high‑profile journalists paired with diplomatic pressure to uphold international media standards. The next six months will likely see:Legal challenges filed by press‑freedom NGOs.Possible revisions to Israel’s “media‑security” guidelines.Heightened advocacy from foreign governments demanding transparency.
#Israel #Amal Khalil #Shireen Abu Akleh
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Politics Apr 26, 2026

Syria Holds First Public Trial of Assad-Era Official in Damascus

Syria has begun its first public trial of an official from the Assad era, with Atef Najib, a cousin…
The Lead: Historic Trial Marks New Era for SyriaSyria has begun its first public trial of officials who served under longtime leader Bashar al-Assad, 15 years after the start of the civil war. Trial proceedings opened in Damascus on Sunday for Atef Najib, the former head of political security in southern Syria's Deraa province, who is accused of overseeing a violent crackdown on protesters during the 2011 uprising.The Accusations: Crimes Against the Syrian PeopleNajib, who is a cousin of al-Assad, faces charges related to "crimes against the Syrian people," according to Syria's state-run news agency, SANA. He was the sole defendant in court for Sunday's preparatory session of the trial set to continue next month. Charged in their absence are Al-Assad and his brother, Maher, former commander of the Syrian military's 4th Armoured Division. Along with other former high-ranking security officials also charged in absentia, they are accused of killings, torture, extortion and drug trafficking.The Catalyst: From Deraa Uprising to Civil WarNajib oversaw political security in Deraa when teenagers who scrawled antigovernment graffiti on a school wall were arrested and tortured, in a case that became a catalyst for the broader uprising. Further protests were met by a brutal government crackdown and spiralled into a 14-year civil war that ended with al-Assad's overthrow in December 2024 in a lightning rebel offensive. Al-Assad then fled to Russia, and most members of his inner circle have also escaped Syria.The Justice Process: Transitional AccountabilityThe government of interim President Ahmed al-Sharaa has faced criticism over delays in launching a promised transitional justice process following the civil war, in which an estimated half a million people were killed. But authorities now appear to be moving more aggressively to prosecute officials linked to al-Assad. On Friday, Syrian authorities arrested former intelligence officer Amjad Yousef, the main suspect accused of the 2013 Tadamon massacre in Damascus, when at least 41 people were killed. In 2022, a leaked video appeared to show Youssef shooting civilians who had been detained and blindfolded, with their hands bound.The Public Response: Victims Seek ClosureCrowds gathered outside the court on Sunday in celebration, as families of victims, including some from Deraa, attended the session. Speaking to Al Jazeera Mubasher, a spokesman for Syria's Justice Ministry said holding the trial in public was important to ensure transparency and judicial independence as part of the transitional justice process.The Future Outlook: Accountability and ReconciliationThis trial represents a significant step in Syria's post-conflict transition, signaling the new government's commitment to addressing human rights abuses committed during the Assad era. While many high-ranking officials remain at large, the prosecution of lower-level officials like Najib could pave the way for more comprehensive transitional justice measures. The public nature of these proceedings may also help address the demands of victims' families for accountability, though the long-term success of Syria's transitional justice process will depend on its ability to address widespread atrocities while promoting national reconciliation.
#Syria #Bashar al-Assad #Atef Najib
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Business Apr 26, 2026

NatWest Faces AGM Showdown Over Climate Backtracking

Investors and climate scientists are converging on NatWest's AGM in Edinburgh, demanding a reversal…
NatWest’s upcoming AGM in Edinburgh is set to become a flashpoint as investors and climate scientists demand a reversal of recent policy roll‑backs that they label “climate backtracking”.ShareAction Mobilises Investors Ahead of NatWest AGMShareAction is leading a coordinated campaign to present protest votes against Rick Haythornthwaite, the bank’s chair. The group will deliver letters signed by major institutional investors and a separate statement signed by 70 climate scientists, urging NatWest to restore its former fossil‑fuel restrictions.Letters will be presented at the AGM on Tuesday in Edinburgh.Investors such as the Church of England Pensions Board, Rathbones, EdenTree, Nest and the Greater Manchester Pension Fund are backing the protest.The scientists’ letter calls for an immediate halt to the “backtracking on climate commitments”.Scale of Investor Opposition: $1.4 tn in Assets and Institutional BackingThe campaign cites signatories who collectively manage $1.4 tn in assets, underscoring the financial weight behind the climate push.70 climate experts have signed the scientific appeal.Key policy roll‑backs include dropping a ban on lending to oil‑and‑gas firms without credible transition plans and abandoning sector‑specific targets for aluminium, cement, iron and steel.Potential Repercussions for NatWest’s Climate Credibility and Shareholder TrustIf the protest votes succeed, NatWest could face a credibility gap that jeopardises its positioning as a climate‑conscious lender. The backlash may also trigger:Increased scrutiny from UK regulators on green‑finance disclosures.Pressure from other ESG‑focused investors to reinstate stricter lending criteria.Reputational damage that could affect retail banking relationships.What the Outcome Could Signal for UK Banking Climate GovernanceThe AGM will serve as a bellwether for how UK banks balance shareholder returns with climate commitments. A decisive vote against the chair could compel NatWest to:Re‑commit to net‑zero financing by 2050 with clearer interim targets.Re‑introduce bans on financing high‑emission sectors lacking transition plans.Engage more transparently with activist investors on climate strategy.Conversely, if the board retains its current course, activist groups may intensify campaigns, potentially influencing future policy reforms across the sector.
#NatWest #ShareAction #Rick Haythornthwaite
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Politics Apr 26, 2026

Protester Depicts Israeli Minister Ben Gvir Covered in Blood in Stockholm

A protester in Stockholm depicted Israeli Minister Itamar Ben Gvir covered in blood, sparking inter…
The Lead A dramatic protest in Stockholm featured a depiction of Israeli Minister Itamar Ben Gvir covered in blood, drawing significant attention and controversy. The Political Demonstration in Stockholm The protest took place in the Swedish capital, where activists created a visual representation of Ben Gvir with what appeared to be blood covering his image. This demonstration occurred against the backdrop of ongoing tensions between Israel and various international groups over policies and actions related to the Israeli-Palestinian conflict. International Reactions The protest has elicited varied responses, with some condemning it as antisemitic while others view it as legitimate political expression. The incident highlights the complex relationship between Israeli officials and international communities, particularly in European capitals. Broader Implications Such demonstrations reflect deep-seated tensions regarding Israeli policies and the international perception of Israeli political figures. The use of graphic imagery in protests often escalates already volatile situations and complicates diplomatic relations. Future Outlook As international reactions continue to develop, this incident may influence diplomatic engagements between Israel and European nations. It also sets a precedent for how political figures are received abroad, potentially affecting future diplomatic visits and public interactions.
#Ben Gvir #Israel #Stockholm
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Sports Apr 25, 2026

Salah’s Hamstring Halts Liverpool’s Momentum in 4‑0 Win Over Crystal Palace

Liverpool beat Crystal Palace 4‑0 at Anfield, ending a long‑standing curse but losing star forward …
Lead: Victory Marred by Salah’s Injury and Fan UnrestLiverpool secured a 4‑0 triumph over Crystal Palace at Anfield, finally breaking a historic “curse” while climbing to fourth in the Premier League. The celebration was dampened when Mohamed Salah hobbled off with a suspected hamstring strain, and supporters waved yellow cards to protest the club’s ticket‑price increase.Match Narrative: Goals, Key Performances and the Turning PointAlexander Isak opened the scoring after a quick counter‑attack.Florian Wirtz doubled the lead within five minutes, capitalising on a Woodman save.Curtis Jones supplied a pinpoint pass to Andy Robertson, who finished the third.Late‑game strike from Wirtz sealed the fourth goal.Third‑choice goalkeeper Freddie Woodman earned plaudits for crucial saves, while Curtis Jones impressed at right‑back. The match also featured a controversial penalty review that ultimately favored Liverpool.Numbers on the Board: League Impact and Attendance HighlightsWin marks Liverpool’s third consecutive league victory.Result moves Liverpool to fourth place in the Premier League table.Attendance: a packed Anfield crowd, estimated at over 53,000 fans.Broader Implications: Title Chase, Salah’s Final Season, and Ticket‑Price BacklashThe victory narrows the gap to the top three, keeping Liverpool in the Champions League qualification race. However, Salah’s injury threatens his availability for the remainder of what is billed as his final season with the club, potentially weakening their attacking edge. Simultaneously, the visible fan protest over the Fenway Sports Group ticket‑price hike signals growing discontent that could affect match‑day revenue and club‑supporter relations.Looking Ahead: Recovery Timelines and Upcoming ChallengesMedical staff expect a 2‑3 week recovery window for Salah, but any delay could see him miss the crucial Conference League semi‑final against Shakhtar Donetsk and key league fixtures. Liverpool will need to rely on squad depth, particularly the performances of Woodman and emerging talents, to maintain momentum as the season enters its decisive phase.
#Liverpool #Mohamed Salah #Crystal Palace
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Politics Apr 25, 2026

Taking back power or taking the mickey? The activists 'liberating' food from big stores

Take Back Power, a new civil resistance group, is conducting mass shoplifting from supermarkets acr…
The Rise of Take Back PowerEve Middleton was sitting on a picnic blanket in a park, sharing out vegan biscuits with six fellow activists, when she saw a squad of police bearing down on them. About 30 officers, she said, surrounded the seven young people, and one officer told them: "Don't run or you'll be cuffed." Another officer focused on gathering evidence. "Whose Oreos are these?" they asked, seizing the biscuits."It was pretty farcical, but it's still frightening when you see that amount of officers running towards you. It's pretty scary," said student Bridie Leggatt, another of the seven.The seven activists had gathered for a "nonviolence training event" – meeting in the park to enjoy the sunny weather. Leggatt, 22, and Middleton, 25, were among 13 people arrested last weekend in Salford and London as part of a national police crackdown on a new civil resistance group called Take Back Power.The Campaign of Mass ShopliftingA further 15 arrests had been made in March when police raided a "nonviolence training" event, this time at the Grade II-listed Quaker House in Westminster. They were all held on suspicion of conspiracy to commit theft, police said, linked to Take Back Power's campaign of "mass shoplifting" in supermarkets across Britain in a protest against inequality.On TikTok, the group's videos show activists of all ages "liberating" rice, pasta, beans, nappies, stock cubes and tinned fruit from supermarkets in Cornwall, London and Manchester. They pile the goods into cardboard boxes branded with the message: "These things are going to those who need them." The items are then distributed at local food banks – if they manage to get past security.Even by today's standards of shoplifting, when supermarket thefts have reached record highs, the mass looting is quite brazen.The Financial Impact on SupermarketsSteph Parker, an assistant chief constable at Greater Manchester police, said forces would take "robust action to disrupt this type of organised criminality and it will not be tolerated".Another of those arrested last weekend, who would only give his name as Mark, said mass shoplifting would have "no real effect" on supermarkets who make billions of pounds in profit."Supermarkets are profiting off other people's misery and we can't put up with that," said Middleton, pointing out that Tesco's chief executive, Ken Murphy, was paid £9.2m last year, about 400 times that of the shop's typical worker.What about the effect on low-paid staff? Will they not risk losing their jobs if mass shoplifting has an effect on company profits?"It shouldn't be staff that get cut," said Mark, 44, who works in education. "What should get cut are the obscene profits and salaries of the chief executives."The Changing Landscape of ActivismMany of those involved with the group are seasoned activists – despite being in their early 20s – having taking part in actions with Extinction Rebellion, Just Stop Oil, Animal Rising and other groups in recent years. Neither Middleton or Leggatt wanted to say how many times they had been arrested as they feared a telling off from their parents.Take Back Power announced itself in December when activists threw custard and apple crumble at a case containing the crown jewels at the Tower of London. Eight people were charged with criminal damage over the stunts, with four due to appear before Westminster magistrates court on Monday. The group said a total of 50 people had been arrested since December, with the majority detained while taking part in "nonviolence training" events.On its website, activists are invited to join upcoming action in London "targeting the luxury lifestyle of the super-rich" by "occupying where they play and shop".A spokesperson for Take Back Power, who would only give his name as James due to the risk of arrest, said the group planned further headline-grabbing stunts this year with the aim of focusing attention on Britain's deepening inequality.The Future of Civil ResistanceJames said the organisation, which wants to see higher taxes levied on the rich and a legally binding citizens' assembly, has no leader "as such". It has raised more than £65,000 in donations in the past four months, according to a fundraising page.The vegan picnic raided by police last weekend was in Salford's Peel Park – named after Sir Robert Peel, the founder of modern law enforcement whose philosophy of "policing by consent" is a guiding principle of forces today, recognising that those in uniform operate on the basis of public trust rather than fear or force.Yet the arrests of activists at a training event – rather than for a specific act – appears to run counter to that principle, said Middleton. Parliament's joint committee on human rights has condemned legislative changes in recent years that it said have had "a chilling effect" on the right to protest in England and Wales.James, the Take Back Power spokesperson, said the group planned to build up its action with the aim of pushing inequality to the top of the agenda by the next general election, which has to be held by August 2029.Middleton believes the police crackdown is a sign that the authorities are scared."They can see that Take Back Power does speak to a lot of this country's people [who are] fed up with inequality. They are scared of what it could become."
#Take Back Power #Activism #Supermarkets
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Business Apr 25, 2026

Annabel's Admits 'Dumb Mistake' After Using Staff Service Charge for Manager Bonuses

Exclusive Mayfair club Annabel's admitted using £70,000 of staff service charge money to pay manage…
The Lead: High-End Club's Service Charge ControversyExclusive Mayfair club Annabel's has admitted using more than £70,000 of staff service charge money to pay bonuses to managers, prompting a significant staff revolt. Restaurant tycoon Richard Caring, who owns the venue that has hosted celebrities, financiers and even royalty, called the practice a "dumb mistake" after being approached by The Guardian. The club has since implemented changes and made additional payments to staff, but workers continue to protest demanding better pay and transparency in how service charges are distributed.The Event Details: Service Charge Distribution at Annabel'sAnnabel's, located in London's prestigious Mayfair district, is known for its exclusive clientele who can spend more than £10,000 at a single table. Guests pay an optional 15% service charge, which is intended for staff, plus a £3-per-head cover charge kept by the company. The club can collect over £100,000 in service charges in just one week, with prices ranging from £6 for a latte to £125 for a ribeye steak.The service charge is distributed through a system called a tronc, which is shared among approximately 280 hospitality workers. Cash tips are divided separately. More than 60% of frontline staff are paid the £12.76-an-hour rate, which is just 5p above the legal minimum wage, making them heavily reliant on these gratuities to pay their bills.Workers discovered that their share of the bumper pre-Christmas service charge had been reduced by £70,000 to fund bonuses for about 50 managers. This revelation caused widespread anger among staff, with one noting, "everyone got mad" when they realized what had happened.The Financial Impact: Pay Structure and Legal ImplicationsAnnabel's staff are predominantly on zero-hours contracts and paid £12.76 an hour, with their earnings supplemented by tronc payments based on seniority. This pay structure means that tips constitute a significant portion of their income, with one worker stating, "There's really no fixed salary at all, it's low" and another noting, "Tips are a huge bit of pay. We cannot rely on minimum wage."Businesses do not pay national insurance contributions on service charges and tips, making this payment method financially advantageous for employers. Under UK law implemented in October 2024, employers must share 100% of service charges and tips with workers in a "fair and transparent manner," and employees have the right to know how these payments are allocated.Following the controversy, Annabel's made a "goodwill payment" of £103,000 to hourly workers at the start of April. The club claims it held a "full consultation" in 2024 on its previous policy of using "surplus tronc" to fund manager incentives, and maintains that it fully complies with the 2024 legislation.The Industry Impact: Changing Practices in UK HospitalityThe Annabel's controversy highlights broader issues in the UK hospitality industry regarding pay transparency, zero-hours contracts, and tip distribution. The incident comes as Richard Caring is selling a majority stake in his hospitality empire—including Annabel's, Harry's Bar, The Ivy restaurant group, and other upscale establishments—to Abu Dhabi's Sheikh Tahnoon bin Zayed al-Nahyan for a reported £1.4bn.The Ivy chain is currently defending legal action from a waiter who claims he was refused details about how the restaurant group calculated his share of tips and service charges, indicating that Annabel's situation is not isolated.The IWGB union, representing dozens of Annabel's workers, is demanding that staff be paid at least London's independently verified living wage of £14.80 per hour, with greater transparency in service charge distribution and contractually guaranteed hours. Henry Chango Lopez, the union's general secretary, highlighted the disparity between the club's affluent clientele and struggling staff: "The billionaires and A-listers who make up Annabel's clientele can spend more on a single meal than the club's [little more than] minimum-wage, zero-hours staff take home in a month."The Future Outlook: Reform and ResistanceAnnabel's has announced plans to offer contracts guaranteeing at least 20 hours of work per week, with the aim of implementing them before an effective ban on zero-hours contracts takes effect in September 2025. Caring acknowledged that the club's tronc system could be more transparent, stating, "I believe in openness … Everybody should know what they are getting."Despite these changes, some Annabel's workers remain dissatisfied and plan to protest outside the Mayfair club. The controversy reflects growing pressure on high-end hospitality establishments to address wage inequality and improve working conditions as UK consumers become more conscious of how their tips are distributed.This case may set a precedent for other venues in the UK hospitality sector, particularly as enforcement of the 2024 tip-sharing legislation continues to develop. The industry faces increasing scrutiny as workers become more organized and aware of their rights, potentially leading to widespread changes in how service charges and tips are managed across the sector.
#Annabel's #Richard Caring #Hospitality Industry
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Environment Apr 25, 2026

Criminalising UK Climate Protesters May Backfire, Study Finds

A new study of 1,375 Extinction Rebellion members finds that arrests, fines and prison sentences fo…
Study Reveals Criminalisation Fuels Climate Activist DeterminationThe latest research shows that the UK’s strategy of criminalising direct‑action climate protests is counter‑productive, heightening the willingness of activists to engage in disruptive or covert tactics.Survey of 1,375 Extinction Rebellion Members Shows Repression Boosts Radical Intent1,375 anonymous respondents from an Extinction Rebellion mailing list completed the survey.Those who had already faced arrests, fines or imprisonment reported lower fear and higher intent to protest again.Among participants without prior repression, anger or contempt toward potential crackdowns correlated with stronger future protest intentions, while fear reduced such intentions.Arrest and Fine Rates Far Exceed Global Average, Highlighting Policy DisparityBetween 2019‑2024, 17% of UK climate protests resulted in arrests, compared with an international average of 6.3%.High‑profile cases include a four‑year jail sentence for a motorway‑blocking plan and denial of a “reasonable excuse” defence.Repression Risks Shifting Tactics Toward Covert SabotageResearchers warn that heavy‑handed policing may drive activists toward “sabotage” actions such as cutting internet cables.Dr Nicole Tausch (University of St Andrews) notes that contempt for the state can erode compliance with legal norms.Sunniva Davies‑Rommetveit adds that emerging covert tactics could become more common if legitimate protest avenues are blocked.Policy Recommendations and Outlook for UK Protest LawThe Home Office emphasizes the need to balance lawful protest with public order, but the study suggests a recalibration is needed.An independent review of public order and hate‑crime legislation is underway, with findings expected soon.Experts argue that listening to activist concerns and providing legitimate channels for dissent could reduce radicalisation and maintain democratic legitimacy.
#UK #Climate Protest #Nature Climate Change
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