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World Economy Apr 09, 2026

UK Launches ‘Right to Try’ Scheme to Protect Disabled Workers from Benefit Loss, Yet Advocates Demand Broader Support

The British government is set to enact a “right to try” law that stops automatic benefit reassessme…
The UK government announced legislation that will protect disabled claimants from an automatic reassessment of benefits when they begin paid employment or volunteering. The measure, dubbed the “right to try”, is slated to take effect at the end of April and aims to remove the fear of losing financial support that many say discourages job‑seeking. Minister for Social Security and Disability Sir Stephen Timms framed the policy as a reassurance for people “stranded in the benefits system”. He emphasized that the change also extends to volunteering, which he described as a vital stepping‑stone toward sustainable employment. The new rules will apply to recipients of Employment and Support Allowance (ESA), Personal Independence Payment (PIP) and the health element of Universal Credit. Under the current system, taking up work can trigger a reassessment that often leads to reduced or withdrawn support, a risk that has deterred many disabled individuals from seeking employment. Disability advocates welcomed the development but cautioned that it does not tackle the deeper obstacles faced by disabled job‑seekers. James Taylor, a director at the charity Scope, called the policy “a step in the right direction” but warned that “the odds are stacked against disabled people when it comes to finding suitable work”. He urged the government to fund personalised employment support and to halt further benefit cuts. Research from the flexible‑working nonprofit Timewise underscores the challenge: only 2.5% of long‑term sick or disabled individuals who are economically inactive manage to return to work each year, and more than half of those jobs last fewer than four months. Mikey Erhardt of Disability Rights UK highlighted that a secure “right to try” is essential to ensure that anyone who tries work can retain the same level of support if the venture fails. Critics also noted that the announcement coincides with a controversial reduction to the health element of Universal Credit, which will be halved for new claimants and frozen unless stricter eligibility criteria are met. Timms acknowledged the pressure this creates, saying the previous system forced people to prove they were “too unwell to work”. Campaigners fear the simultaneous cuts will exacerbate financial strain for disabled claimants already navigating an uncertain labour market. Erhardt warned that “hundreds of thousands of disabled people will experience yet another cut in living standards”, arguing that successive governments have treated social security more as a coercive tool than a safety net.
#people #work #disabled
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Technology Apr 09, 2026

New Polymarket Accounts Cash In on Well-Timed Iran Ceasefire Bets

New accounts on prediction market Polymarket made significant profits by betting on a US-Iran cease…
At least 50 new accounts on Polymarket, a prediction market platform, made substantial bets on a US-Iran ceasefire on Tuesday, resulting in profits of hundreds of thousands of dollars. These bets were placed despite escalating rhetoric from Donald Trump and few signals of an imminent deal.An analysis of blockchain data shows that one wallet, created on Tuesday at 10am ET, placed roughly $72,000 in bets at an average price of 8.8¢ and cashed out for a profit of $200,000. Another wallet, which joined the platform on April 6, won $125,500.The trading pattern of newly created accounts placing strategic, well-timed bets has raised questions about insider trading and the need for regulation in prediction markets. Bipartisan groups of senators and representatives have introduced legislation to broaden the definition of insider trading to include prediction markets.“This is why these markets need regulation,” said Todd Phillips, a professor at Georgia State University. “We can’t have people trading with inside information and expect other traders are going to be OK being in these markets.”Polymarket and other industry players, including Kalshi, have acknowledged the need to broaden the definition of insider trading on their platforms.
#polymarket #bets #these
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Politics Apr 08, 2026

Iran War Oil Crisis Far from Over Despite Ceasefire

The Iran war oil crisis is far from over despite a two-week ceasefire between the US and Iran. The …
The recent ceasefire between the United States and Iran may provide temporary relief, but the oil crisis triggered by their conflict is far from over. After 40 days of fighting, the two nations agreed to a two-week ceasefire, with negotiations set to begin in Pakistan's capital, Islamabad.One of the key points in Iran's 10-point proposal is allowing shipping to resume through the Strait of Hormuz, a critical waterway through which 20 percent of the world's oil and gas is shipped during peacetime. The strait has been effectively closed since the start of the war, causing global oil and gas prices to soar.Following the announcement, oil prices dropped to $92 on Wednesday, down from over $110 for much of the war. However, delays in restarting production and transport mean the energy crisis is far from over. For ships to continue operating, they need certainty about security during the next two weeks of the ceasefire.Even with the waterway reopened, it will take weeks for large oil tankers – now scattered thousands of miles away – to return to the Gulf to collect the millions of barrels sitting in large reservoirs. With very few tankers able to load or unload and their onshore storage full, producers began shutting wells, causing regional oil output to plummet despite efforts to reroute limited volumes via overland pipelines.Economists warn that the true impact on grocery bills will likely persist throughout 2026 and into 2027. Additionally, it will take years for the Gulf energy industry to repair facilities damaged or destroyed during the war.Shipping data shows that combined exports from Iraq, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates fell from 469 million barrels in February to 263 million barrels in March – a decline of 206 million barrels, or 44 percent. Iraq's crude exports have been hit the hardest, falling 82 percent from 94m barrels in February to 17m in March.The 206 million barrels of Gulf oil lost since the start of the war would fill approximately 103 Very Large Crude Carriers (VLCCs), the workhorse supertankers of the global energy trade. A single VLCC stretches nearly 330 metres (1,080 feet) in length, nearly the same height as the Eiffel Tower in Paris.To put that in more practical terms, if you drove a pick-up truck that averages 24 miles per gallon (or 10 litres per 100km), one barrel of crude oil would carry you about 730km or 450 miles. That is about the distance from New York City to Cleveland, Ohio.For much of the war, oil has traded above $100 per barrel, hitting a peak of nearly $128 on April 2. The value of 206 million lost export barrels at various oil prices is significant, with Brent crude being the global benchmark.
#Iran #United States #OPEC
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News Apr 08, 2026

Iran‑US Two‑Week Ceasefire Sparks Claims of Victory Amid Deepening Middle East Stalemate

Both Tehran and Washington hail a newly brokered two‑week ceasefire as a win, yet the agreement mas…
Iran and the United States each declared a triumph after agreeing to a two‑week ceasefire that was announced just before President Donald Trump’s deadline to force Tehran’s surrender. The conflict, which began on 28 February, has already claimed 2,076 lives in U.S.–Israel strikes on Iran and has caused thousands more deaths across the region. The fighting has also shocked global energy markets, stranding oil tankers and pushing prices to unprecedented levels. Trump announced on Truth Social that the United States would halt bombing Iran after receiving a “workable” 10‑point ceasefire proposal, adding that “almost all of the various points of past contention have been agreed to.” Iran, for its part, said it would reopen the Strait of Hormuz to commercial traffic, even as some citizens denounced the government’s perceived capitulation. Both parties are set to resume Pakistan‑mediated talks in Islamabad on Friday, though analysts warn that earlier red lines may resurface. Key terms of the Tuesday agreement: the United States will suspend air strikes for two weeks, citing that it has already achieved its military objectives and is close to a “definitive agreement concerning long‑term peace.” Iran’s foreign minister, Abbas Araghchi, pledged to halt “defensive operations” and to allow safe passage through the Strait of Hormuz, while also indicating willingness to fund reconstruction from fees collected on transiting ships. Domestic reaction in Iran remains volatile. University of Tehran professor Foad Izadi noted that the public’s pessimism stems from two prior escalations—June’s 12‑day war and the February 28 strikes—both of which occurred amid ongoing negotiations. Earlier demands: The United States had presented a 15‑point plan on 25 March, calling for a 30‑day ceasefire, immediate reopening of the Strait, Iran’s de‑commissioning of its nuclear facilities, a total ban on uranium enrichment, handover of nuclear stockpiles to the IAEA, cessation of support to regional proxies, strict limits on ballistic missiles, and a full lift of sanctions, among other items. Iran responded with a 10‑point proposal that emphasized a non‑aggression commitment from the United States, controlled passage through the Strait, acceptance of its enrichment programme, comprehensive sanctions relief, withdrawal of U.S. combat forces, compensation for war damages via shipping fees, and a binding UN Security Council resolution. Both sides have already made concessions. Iran moved from demanding a permanent ceasefire to accepting a two‑week pause, and it shifted from insisting on reparations to proposing reconstruction funding from Strait fees. The United States, meanwhile, has softened its demand for an “unconditional” Iranian surrender and has not reiterated its earlier insistence on dismantling Iran’s missile capabilities. One of the most contentious issues remains the status of Lebanon. While Pakistan’s prime minister said the ceasefire would extend to Lebanon, Israeli Prime Minister Benjamin Netanyahu denied any such inclusion, and Israel launched a major bombing campaign in Beirut shortly thereafter, killing hundreds. Looking ahead, analysts highlight that the United States is unlikely to concede on the complete withdrawal of its roughly 50,000 troops stationed across 19 Middle Eastern sites—a demand Tehran has placed on the table. The outcome of the upcoming talks will hinge on whether Washington can accommodate Tehran’s broader political and economic requests without compromising its strategic objectives.
#iran #pakistan #israel
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Business Apr 08, 2026

Maritime Workers' Lives Disrupted by Middle East Conflict

The ongoing conflict in the Middle East is causing significant disruptions to maritime traffic and …
The Middle East conflict is having a profound impact on maritime workers, port staff, and shipping crews. The Strait of Hormuz, one of the world's busiest maritime routes, remains affected despite a temporary ceasefire between the US and Iran.Maritime traffic through the narrow channel linking the Persian Gulf with the Gulf of Oman continues to face delays, diversions, and heightened security risks as the situation evolves. Ports and shipping companies are operating amid uncertainty, while cruise ships carrying thousands of tourists have faced disruption across the region.The Guardian is inviting maritime workers, port staff, and shipping crews to share their experiences of how the conflict is affecting their work. The outlet is providing a confidential form and messaging channels for those who wish to contribute their stories anonymously.Key concerns for maritime workers include:Delays and diversions due to the conflictHeightened security risks for vessels and crewsImpact on livelihoods and work operationsThe Guardian's initiative aims to shed light on the human impact of the conflict on those working in the maritime industry.
#you #your #please
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Commentisfree Apr 08, 2026

US and Iran Step Back from Brink of War: What's Next?

The US and Iran have temporarily stepped back from the brink of war, but the conflict is far from o…
The recent escalation between the US and Iran has brought the world to the edge of a potentially devastating conflict. US President Donald Trump's threat to attack Iran if it didn't reopen the Strait of Hormuz sparked a global outcry and raised concerns of a wider conflict.Trump's public threat to commit genocide sent shockwaves through the United States, with over 70 Democratic members of Congress calling for his removal from office. The Iranian government and people were also shocked, with thousands forming human chains around bridges and power stations that Trump might strike.Faced with the prospect of a catastrophic war, Trump chose to back away from his threat and instead claimed that he had granted Pakistan's request for a two-week ceasefire. However, the Iranian foreign minister tweeted that Trump had agreed to accept Tehran's 10-point plan as a general framework for negotiations.The chasm between the two sides remains vast, with major differences on issues such as sanctions relief and Iran's ballistic missile stocks. A mega-deal remains the only path to averting a return to full-scale war, but it will require compromises and adept diplomacy from both sides.If there's no firm deal, the conflict will almost certainly reignite. The US and Iran have agreed to a temporary ceasefire, but Iran still controls the Strait of Hormuz and retains the military muscle to spark a worldwide recession.
#iran #trump #but
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Commentisfree Apr 08, 2026

US-Iran Conflict: A Devastating War with No Winners

The US and Iran have agreed to a two-week ceasefire, but the conflict has resulted in significant d…
The recent conflict between the US and Iran has resulted in a devastating war with no winners. Despite Donald Trump's claims of victory, the two-week ceasefire announced is not a triumph, and the war may not be over. The Iranian regime has not undergone regime change, and less experienced but more hardline figures are now in charge.The conflict has killed thousands in the region, including children, and left many more exhausted, terrified, and traumatized. The war has also spooked markets, raised prices at home, and shown signs of fracturing Trump's Maga base. The US has squandered tens of billions of dollars, burned through its interceptors, and torched relations with allies.Israel has achieved none of its stated aims and is left with a weaker but less predictable adversary. The Iranian regime can count survival as a kind of success, but senior leaders are dead, its economy is on its knees, and essential infrastructure has been smashed. The people are likely to face yet greater repression.The war has destabilized the region and normalized talk of war crimes, further trashing the idea of a rules-based order. Restrictions on transit will continue to damage humanitarian aid operations and raise prices worldwide, hitting the poorest hardest.The only real winners are arms manufacturers, Russia, and arguably China, at least for now. This is a strategic defeat for the US that will resound for decades, and a clear sign of its systemic failures.
#war #trump #iran
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Technology Apr 08, 2026

Anthropic's AI Model Uncovers Thousands of Software Vulnerabilities, Forms Cybersecurity Alliance

Anthropic's new AI model, Claude Mythos, has discovered thousands of software vulnerabilities, prom…
Anthropic, a San Francisco-based AI startup, has announced that its latest AI model, Claude Mythos, has proven highly effective in exposing software weaknesses. The model has identified thousands of vulnerabilities in commonly used applications, many of which have no patch or fix available.According to Mike Krieger of Anthropic Labs, the company has decided not to release Mythos to the public due to concerns about its potential misuse by hackers. Instead, Anthropic is collaborating with cybersecurity specialists and engineers in the open-source community to utilize the model as a defensive tool.The oldest vulnerability uncovered by Mythos dates back 27 years, and none were previously noticed by their creators. Anthropic has shared a version of Mythos with cybersecurity companies CrowdStrike and Palo Alto Networks, as well as with Amazon, Apple, and Microsoft, in a project dubbed “Glasswing”.“AI models have reached a level of coding capability where they can surpass all but the most skilled humans at finding and exploiting software vulnerabilities,” Anthropic said in a blog post. “The fallout – for economies, public safety, and national security – could be severe.”The project aims to protect critical infrastructure from cyber threats, with approximately 40 organizations involved in the design, maintenance, or operation of computer systems. Anthropic is providing about $100m worth of computing resources for the mission.
#anthropic #mythos #software
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World Economy Apr 08, 2026

Libyan Financier Facilitated $300m in Loans for Haftar's Tripoli Offensive

A recent investigation by The Sentry reveals that Libyan businessman Ahmed Gadalla played a crucial…
A recent investigation by The Sentry has uncovered that Libyan businessman Ahmed Gadalla facilitated hundreds of millions of dollars in loans to support Khalifa Haftar's failed 2019-2020 assault on Tripoli. The report alleges that Gadalla, a key enabler for Haftar family members, secured $300m in loans from a minor bank based in Abu Dhabi, United Arab Emirates (UAE), ahead of the offensive. The months-long campaign by forces loyal to Haftar to seize the Libyan capital from the United Nations-recognised government resulted in hundreds of deaths and displaced hundreds of thousands of people. The cost of the campaign was significant, with an estimated $700 million effort mobilised upfront. The investigation suggests that the money likely helped finance operations, including payments to Russia's mercenary Wagner Group, which supported Haftar's offensive. After Haftar's offensive collapsed, the loans remained largely unpaid, leaving the Libyan public to bear the financial burden. Gadalla has faced no accountability, and the report warns that he has since expanded his influence across eastern Libya's financial system, exerting control over key banks and facilitating large-scale letter-of-credit fraud and laundering illicit profits. The Sentry's report also links Gadalla to efforts to procure and transfer military equipment to Sudan, in violation of a UN arms embargo. The group has called on Western governments to impose targeted sanctions on Gadalla and his network, warning that without concerted international action, Libya faces the continued erosion of its economic foundations.
#gadalla #libyan #haftar
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