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World Economy Mar 24, 2026

Japan Unleashes Largest Oil Reserve Release Amid Middle East Crisis

Japan is set to release its largest-ever oil reserves to mitigate potential shortages caused by the…
Japan will begin releasing its largest-ever oil reserves this week, according to Prime Minister Sanae Takaichi. The decision aims to cushion the country against possible energy shortages triggered by the ongoing US-Israel war on Iran and its impact on tanker traffic through the Strait of Hormuz. The government has approved the release of 15 days' worth of private-sector reserves and will start releasing state-owned reserves on Thursday. This move follows concerns that the conflict in the Middle East will continue to disrupt oil supplies. Japan, a resource-poor nation with a significant economy, imports over 90% of its crude oil from the Middle East, making it particularly vulnerable to supply chain disruptions in the region. The release includes about 80 million barrels of stockpiled oil, equivalent to 45 days of domestic demand. This is 1.8 times the quantity made available after the Fukushima Daiichi nuclear power plant disaster in 2011. As of last year, Japan held reserves of approximately 470 million barrels of oil, enough for 254 days of domestic consumption. In addition to the oil reserve release, the government has introduced subsidies for fuel products to cap gasoline prices at about ¥170 ($1.10) per liter. This move comes after the average retail price of gasoline reached a record ¥190.8 per liter. The subsidies will be reviewed weekly based on oil prices. The Strait of Hormuz crisis has also triggered concerns among Japanese consumers about the availability of essential goods, including toilet paper. In response, the trade and industry ministry has advised consumers against hoarding toilet paper, urging them to make rational purchasing decisions based on accurate information.
#paper #japan #oil
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Film Mar 24, 2026

Empire of Lies Film Review: A Tense but Flawed Thriller

A review of the film 'Empire of Lies', a psychological thriller about a far-right conspiracist and …
The film 'Empire of Lies' starts with a promising premise for a low-budget psychological thriller, set entirely in a field in Gloucestershire. The story revolves around Dave, a middle-aged man played by Joseph Millson, who lives in a caravan and keeps a gun in his kitchen cupboard. His life takes a dramatic turn when a young woman, claiming to be a YouTuber, enters his field with a camera.The woman, played by Natalie Spence, uncovers a dark past, revealing that Dave's climate-activist daughter has been murdered, with Dave as the prime suspect. The police lack evidence to charge him, but the media has vilified him. As the story unfolds, it becomes clear that Dave is a far-right conspiracist with extreme views on various topics, including Covid and dinosaurs.The film's tension builds as Dave shares his side of the story with the YouTuber, who initially appears earnest in her pursuit of truth. However, the script and direction struggle to maintain the high-wire act, making the twist ending feel somewhat unsatisfying. Despite solid performances from the actors, the film fails to generate enough genuine emotion or intrigue to keep viewers engaged.'Empire of Lies' is set to release in UK cinemas on March 27 and on digital platforms on April 13.
#dave #youtuber #but
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News Mar 23, 2026

Trump Mocks Starmer with SNL Skit as US-UK Tensions Rise Over Iran War

US President Donald Trump shared a satirical video mocking UK Prime Minister Keir Starmer's relucta…
US President Donald Trump has taken to social media to mock UK Prime Minister Keir Starmer, sharing a Saturday Night Live (SNL) skit that depicts Starmer panicking at the prospect of a call with Trump. The skit, which aired on the premiere of the new British version of SNL, shows Starmer, played by George Fouracres, trying to avoid a call with Trump.The video was shared on the same evening that Trump and Starmer spoke about the escalating tensions in the Middle East and the US-Israel war on Iran. During their call, the two leaders focused on the need to reopen the Strait of Hormuz, which has been effectively blocked by Iran since the US and Israel launched strikes on February 28.The closure of the strait has sent oil prices soaring, creating the biggest energy crisis since the 1970s. Trump has repeatedly criticized Starmer for not doing enough to support the US efforts to break the blockade, accusing him of being a 'coward' and saying he is 'disappointed' in him.Starmer has asserted that any attempt to reopen the Strait of Hormuz needs careful consideration and a viable plan, and that his number one priority is to protect British interests and de-escalate tensions. The UK government has given authorization for the US to use its military bases to carry out strikes on Iranian missile sites that were attacking ships in the Strait of Hormuz.
#starmer #trump #iran
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Sport Mar 23, 2026

ECB Faces Backlash for Retaining McCullum and Key Despite Ashes Debacle

The England and Wales Cricket Board (ECB) has decided to retain Brendon McCullum as men's head coac…
The England and Wales Cricket Board (ECB) has taken a significant risk by retaining Brendon McCullum as men's head coach and Rob Key as team director following a dismal Ashes series. The pair's contracts and the board's decision have sparked widespread criticism.McCullum's contract runs until the end of 2027, and terminating it would come at a substantial cost. The ECB appears to have opted for continuity, despite England's 4-1 defeat in Australia, which exposed several issues with the team's approach and strategy.The Test team holds a special place in the hearts of English cricket fans, and the recent performance has left many feeling frustrated. The ECB's decision to stick with McCullum and Key is seen as a bold move, but it also means that the duo must now work to regain the trust and support of the public.Richard Gould, the ECB chief executive, and Richard Thompson, the ECB chair, have acknowledged that the decision will not be popular. However, they seem committed to their strategy, citing a 25% increase in Test viewership over the past four years.The ECB's plans to revamp the team include introducing a bowling guru and a new selector. However, some critics argue that these changes do not go far enough to address the team's shortcomings. Rob Key emphasized the need for greater accountability for poor performance, but the specifics of how this will be implemented remain unclear.The team's performance under McCullum and Key has been inconsistent. While there have been some notable victories, the team has struggled in major Test series against Australia and India. The Ashes campaigns, in particular, have been approached with a casual attitude, with England only becoming more determined after falling behind 2-0 in 2023.To regain the public's trust, England must demonstrate improvement in several areas, including better engagement with the domestic game, more merit-based selection, and a clearer understanding between Ben Stokes and McCullum. The team's ability to adapt and evolve will be crucial in the coming months.
#not #mccullum #test
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World Economy Mar 18, 2026

Preventable Child Deaths Soar as Aid Cuts Threaten Global Health Goals

A recent UN report reveals that 4.9 million children died in 2024, mostly from preventable causes. …
A staggering 4.9 million children died in 2024, with the majority of these deaths being preventable, according to a new UN report. The report warns that aid cuts could hinder the global goal of ending preventable child deaths. Progress towards ending preventable deaths of children under five by 2030 has slowed by 60% since 2015. UN experts are calling for sustained investment in health systems to reach this target. “No child should die from diseases that we know how to prevent,” said Unicef executive director Catherine Russell. “But we see worrying signs that progress in child survival is slowing – and at a time where we’re seeing further global budget cuts.” The report highlights that Sub-Saharan Africa and South Asia have persistently had the worst rates of child death, largely due to newborn deaths. The most common causes of death were premature birth, pneumonia, and trauma during birth. Infectious diseases, including malaria, were also a major cause. 100,000 children died directly from severe acute malnutrition – with the highest numbers in Pakistan, Somalia, and Sudan. Aid cuts are threatening to close lifesaving facilities, humanitarian workers warn. “We are not moving far enough or fast enough and leaving 5 million [children] under the age of five vulnerable,” said Abdurahman Sharif, senior humanitarian affairs director at Save the Children. Aid cuts have affected 6,600 health facilities, with a third forced to close. Experts warn that without sustained investment, progress in reducing child deaths will slow further, and gains could begin to reverse.
#children #cuts #child
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