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Japan’s Liberal Democratic Party government promised to suspend the 8% consumption tax on food, but the rollout has hit an unexpected snag: the nation’s cash‑register systems cannot process a zero‑rate tax, forcing the prime minister to blame the hardware and label the delay an “embarrassment for Japan.”Cash Register Inflexibility Blocks Zero‑Rate Food TaxManufacturers of point‑of‑sale devices say the software in large retail chains was never built to calculate a tax rate of zero. They estimate a full system overhaul could take up to a year, leaving the government without a quick technical fix.Fiscal Cost of a Full Food Tax SuspensionAnnual cost of a complete food‑tax suspension: 5tn yen (≈ $31.5bn)Japan’s public debt‑to‑GDP ratio: about 230%, the highest globallyProposed compromise: reduce the tax to 1%, cutting the fiscal hit by roughly $4bn and achievable in five to six monthsPolitical Fallout and Debt PressuresOpposition parties accuse Sanae Takaichi of using the “register wall” as a delaying tactic while the Ministry of Finance works out funding. The issue resurfaces a year after the prime minister herself noted that register adjustments would take time, raising questions about the sincerity of the election promise.Possible Shift to a 1% Food Tax and TimelineGiven the technical and fiscal hurdles, the government is now floating a plan to lower the food tax to 1% within the next five to six months. If adopted, the measure would largely satisfy the campaign pledge while easing the strain on Japan’s already‑high debt burden.

The Unaffordable Pension Burden Zoe Williams' recent article on pensions and intergenerational inequality has sparked a necessary debate, but it overlooks crucial issues surrounding public-sector defined-benefit (DB) pension schemes. These schemes impose significant strain on public finances, requiring employer contributions of over 25%, compared to 3%-8% for private-sector defined-contribution (DC) schemes. The Financial Strain on Public Sector Pensions Public-sector pensions receive estimated total inflows of £50bn per annum, funded directly by taxpayers. An additional £5bn per annum is required from the Treasury to cover the £55bn bill for public-sector pensions in payment, often index-linked to RPI. In contrast, private-sector contributions benefit from tax relief, but offer fewer guarantees and are dependent on investment performance. The Long-Term Impact on Public Finances The long-term impact on public finances is substantial, with many public-sector schemes being unfunded, creating a potentially unlimited liability for future taxpayers. The current total liability of these pensions is estimated to be over £1tn. This raises concerns about intergenerational equity, as the majority of people under 30 work in the private sector and may have to foot the bill for decades to come. The Need for Pension Reform The article highlights the need for a more transparent and sustainable pension model. Suggestions include replacing the triple lock with a double lock, linking annual increases to inflation or earnings, whichever is higher. Experts argue that the current system is unsustainable and unfair to those of working age, resulting in generational imbalance. The Path Forward To address these concerns, it is essential to consider the full economic cost of unfunded public-sector pension schemes and their impact on intergenerational equity. Reforms, such as adjusting the state pension and pension benefits, are necessary to create a more sustainable and affordable model for the future.

The Immediate Removal of Don Rea Jr.Effective immediately, the PGA of America announced that Don Rea Jr is out as president following a wave of backlash over his handling of verbal abuse directed at European players during last year’s Ryder Cup.Board Decision and Term DetailsTuesday, 26 May 2026: The board of directors voted to suspend Rea for the remainder of his two‑year term, which was set to expire in November 2026.Nathan Charnes, the organization’s vice‑president, was named acting president.The suspension ends Rea’s tenure that began in November 2024.Impact on PGA Governance and International Golf RelationsThe episode underscores growing scrutiny of golf’s governing bodies when fan conduct spirals out of control. Rea’s dismissive comments—comparing the abuse to a “youth soccer game”—and his delayed apology have damaged the PGA’s image, strained U.S.–European relations, and raised questions about the organization’s crisis‑management protocols.Looking Ahead: Leadership and Policy ChangesWith Charnes at the helm, the PGA is expected to tighten crowd‑control policies, introduce stricter penalties for abusive spectators, and launch a communications overhaul aimed at restoring trust among players, sponsors, and fans. Observers predict a more proactive stance on fan behavior ahead of the 2027 Ryder Cup.

The ongoing political crisis in Mali—sparked by a series of military coups and the suspension of democratic institutions—has raised alarms about a possible spillover into neighboring countries, endangering the fragile security balance of the Sahel region. Escalating Instability in Mali: Roots of the Current Crisis Since the 2020 and 2021 coups, Mali’s governance structure has been in flux, with the military junta dissolving the parliament, postponing elections, and limiting civil liberties. The withdrawal of UN peacekeeping forces earlier this year further reduced international oversight, creating a security vacuum that extremist groups have begun to exploit. Military junta in power since 2021 Constitution suspended and elections delayed UN peacekeeping mission ended in early 2026 Regional Security Metrics Highlight Growing Tension Regional monitoring agencies report a noticeable uptick in cross‑border attacks and displacement flows, though precise numbers remain limited due to restricted access. The rise in insecurity has prompted the Economic Community of West African States (ECOWAS) to issue statements urging a swift political resolution. Potential Domino Effect Across the Sahel Neighboring states—particularly Burkina Faso, Niger, and Ivory Coast—face heightened risk as armed groups exploit porous borders. A destabilized Mali could serve as a conduit for weapons, fighters, and illicit trafficking, amplifying existing humanitarian crises throughout the region. Scenarios for the Next Six Months Analysts outline three plausible trajectories: Negotiated transition: International mediation leads to a roadmap for elections, easing tensions. Stalemate and fragmentation: Continued junta rule fuels internal dissent and further security deterioration. Regional escalation: Spillover triggers coordinated military responses from ECOWAS and foreign partners. The path chosen will shape not only Mali’s future but also the broader stability of the Sahel.

The Climate Reversal of a Mining GiantThe revelation that BHP cancelled and delayed commitments to act on the climate crisis should be a wake-up call. It matters in its own right: millions of tonnes of additional heat-trapping pollution will go into the atmosphere, adding to climate harm and making Australia's climate targets that much harder to reach.It also matters for the influence the world's biggest miner could have in accelerating use of technology needed to cut pollution from major industrial operations.Delayed Renewable Projects and Diesel DependenceBHP shelved the first big investment planned under its decarbonisation plan – a huge solar farm – after it was approved and funded by its board. A much larger solar, wind and battery development that would have run most of its inland operations in northern Western Australia has been delayed for at least five years.BHP has also doubled down on using diesel-powered trucks, despite a promise to switch to a fleet of electric vehicles running on renewable energy. Internal documents acknowledge this is inconsistent with its climate pledges.The Scale of BHP's Environmental ImpactBHP is famously known as the Big Australian – a reflection of its success and scale since its origins mining silver and lead in Broken Hill 140 years ago. It remains at or near the top of lists of the country's most profitable companies.But it is also a historic, global-scale polluter, mostly thanks to its mining of coal. Its extraction of that dirty fuel means it has been in the upper echelon of corporate emitters since industrialisation.The thinktank InfluenceMap lists it as the 31st biggest cumulative contributor to the climate crisis, and the 10th biggest among companies owned by private investors.Over the past 140 years, it has been responsible for more than 11bn tonnes of carbon dioxide pumped into the atmosphere, counting the pollution released when its customers use its products. That's equivalent to about 25 years of Australia's current annual emissions.Emissions Discrepancies and Financial CapacityThe company says it is acting – that its emissions are down 36% since 2020, putting it ahead of its target of a 30% reduction by 2030. But the detail here matters. The claimed cut is due to power purchase agreements signed for some grid-connected renewable energy projects, particularly in Chile, and the suspension of its struggling Western Australian nickel operations.Its direct onsite emissions, mostly from burning diesel, continue. And its annual report shows its scope-three emissions – those that result from the use of its products – have increased by 7% since the turn of the decade. The scale of that increase – more than 25m tonnes a year – dwarfs the reduction the company claims it has made.The company's own estimates suggest that its full decarbonisation could cost US$7.5bn over the next 25 years. It brings in the equivalent revenue in less than six months from its WA operations alone.Government Policy and Corporate ResponsibilityOne reason BHP hasn't invested more heavily in emissions reduction might be that the Australian Labor government is sending mixed messages to big miners even as it pledges the country will reach net zero emissions by 2050.Mining companies receive more than $4bn a year in rebates on the cost of diesel that are not offered to households and small businesses. BHP is the biggest beneficiary. According to the thinktank Clean Energy Finance, the fuel tax credit scheme lowered its fuel bill by about $620m last year.Making fossil fuels cheaper is a strange way to encourage the uptake of electric trucks running on renewable energy. It also works against the goals of a government policy that requires big industrial sites, including those operated by BHP, to cut emissions year-on-year.

The Welfare Bill Conundrum Tackling the root causes of joblessness, instead of cutting benefits, is the best way to get the welfare bill down, and polling shows voters support that approach, according to research by the Joseph Rowntree Foundation. The Economic Impact of Joblessness In a forthcoming report, JRF economists show that hitting the government’s target of getting 80% of the working age population into jobs would cut the cost of universal credit by £10bn – an eighth of the current bill. The Data Analysis The research points out that official projections show spending on non-pensioner benefits “will remain flat, at around 5% of GDP for the remainder of the parliament”. A survey of more than 4,000 voters showed that 59% supported the idea of reducing the welfare bill in the longer term by tackling the underlying causes. The Impact Analysis The research seeks to push back against the “dominant political narrative” that spending on social security is “spiralling”. Instead, it points out that claims for health-related universal credit have risen more since the Covid pandemic in places where there are fewer jobs available locally, many of them former industrial or coastal areas. The Prediction The report contains calls for the government to prioritise measures such as increasing support for public health, building more social housing, and regenerating struggling regional economies. The research comes ahead of this week’s publication of the interim report from an inquiry into tackling young people not in education, employment or training (Neet) by Alan Milburn, the former cabinet minister who went on to chair the Social Mobility Commission.

On 25 May 2026, the World Surf League’s New Zealand Pro at Raglan was abruptly halted when a photographer was bitten by an unidentified sea creature just before 8:30 am during the men’s semi‑finals.Photographer attacked during New Zealand Pro finalsLocation: near Raglan, Manu Bay, North Island, New Zealand.Time: just before 8:30 am local time.Victim: the event’s water photographer, who suffered minor puncture wounds.Uncertainty: doctors on scene leaned toward a sea lion bite, but a shark could not be ruled out.Minimal injuries and immediate medical responseThe photographer was assessed on‑site, declared stable, and transported to hospital for treatment of minor puncture wounds.Brazilian surfers Yago Dora and Italo Ferreira were extracted from the water on jet skis and were unharmed.Safety concerns prompt event suspensionWSL activated “code red” for the first time, halting the competition for about 10 minutes.Organisers placed the event on hold pending further safety assessments.Statement from WSL emphasized staff and competitor safety as the top priority.Potential resumption and future precautionsOrganisers aimed to restart Dora and Ferreira’s heat around midday on the following Monday.The incident highlights the rarity of marine animal attacks in the region and may lead to revised safety protocols for future surf events.

The Government's Plan to Tackle Youth Unemployment Ministers are expanding youth work-experience and training schemes, after Alan Milburn warned Britain is spending £25 keeping young people on benefits for every £1 spent helping them into work. Expanding Work Experience Placements Pat McFadden, the work and pensions secretary, will announce plans for 300,000 extra work experience placements over the next three years as the government attempts to tackle what the minister described as a “quiet crisis” in youth employment. The Data Behind the Crisis Nearly 1 million 16- to 24-year-olds are not in education, employment or training (Neet), and McFadden warned that almost 60% have never had a job at all. 13% more likely to be in work two years later than their counterparts who did not take part in sector-based work academy programmes (Swaps) Four in 10 people move into sustained employment within six months Nearly 100,000 Swaps took place in 2025-26, with 25,000 young people aged 16-24 starting one this year The Impact on Young People McFadden said that many traditional “first rung” jobs had disappeared as retail employment declined and the pandemic disrupted workplace experience for younger people. “Talent is spread evenly across the country, but opportunity is not,” he said. The Future Outlook The government hopes an expansion of sector-based work academy programmes (Swaps) can help reverse the trend. Ministers are targeting 115,000 placements next year.

The Lead: Historical Narratives in Modern Diplomacy Tehran, Iran – Iran and the United States have evoked historical and geographical references to the MENA region as the world awaits the announcement of a possible deal to end the conflict between the two countries. Iranian officials have revived key moments in the nation's history to drive forward a message of a David-versus-Goliath battle between the two sides, with the underdog ultimately victorious. This comes as US President Donald Trump announced that a deal with Iran had been "largely negotiated", with Tehran also indicating there could be an agreement soon. Both sides have been keen to portray any deal to end their 66-day conflict as a victory. The Historical Context: Ancient Battles and Modern Symbolism Iran's Foreign Ministry spokesman Esmaeil Baghaei drew parallels to the march of the Romans against the Persians in the third century, with the invading party ultimately being forced to "come to terms" with the latter. Baghaei also posted an image of Roman Emperor Valerian after he was captured by Persia's King Shapur I in the year 260. It is an illustration repeatedly drawn on by Iranian authorities in recent months to evoke nationalist sentiments and promote the idea that the country is again bravely standing up to another invading force. Sunday also happened to mark the anniversary of a more recent conflict, when Iran – under a new revolutionary government still in place today – fought an eight-year war with its neighbour, Iraq, from 1980 to 1988. Every year, the Islamic Republic celebrates the 1982 recapture of Khorramshahr, a city with an Arabic-speaking majority in the western Iranian province of Khuzestan. Khorramshahr marked a turning point for the Iranian side in a protracted war that killed hundreds of thousands from both sides, with that battle being one of the bloodiest. It has been used in government discourse and messaging during the latest war with the US and Israel to symbolise the country's long history of resistance and determination to maintain the sovereignty of its lands. Symbolic Messaging: Flags and Maps as Political Tools Ahmad Vahidi, the commander-in-chief of Iran's Islamic Revolutionary Guard Corps (IRGC), used the battle to signal that Tehran would continue to fight the US and Israel in the region. "The liberation of Khorramshahr is a lasting model for victory in future Khorramshahr, and the liberation of Quds sharif [Jerusalem], and the destruction of the evil Zionist regime by the axis of resistance and the fighters of the Islamic world," he said, in reference to Israel. Masoud Pezeshkian, Iran's relatively moderate president, linked the event to the current standoff. "Iran's Khorramshahr today is the Persian Gulf and the Strait of Hormuz," he wrote on X. "Resistance, sacrifice and fighting off aggression are rooted in the culture of this land." Diplomatic Maneuvering: Preparing for Peace While Asserting Strength Mohammad Mokhber, an adviser to Iran's slain Supreme Leader Ayatollah Ali Khamenei, said both former Iraqi leader Saddam Hussein and US President Donald Trump failed to fully recognise Iran's power when starting a war. "The first was buried in the trenches of Khorramshahr, while the second has been afflicted with a political crisis in a quagmire created by the Zionist regime," he wrote on X. Kazem Gharibabadi, a member of Iran's negotiating team and its deputy foreign minister for international affairs, linked the issue of Khorramshahr with the United Nations Charter and the country's current concerns. "Any nation that falls victim to aggression and occupation has an intrinsic right for legitimate defence to safeguard its territory, independence and integrity," he said. Gharibabadi added that Tehran is currently following the same logic of "peace-seeking paired with power, diplomacy paired with integrity and decisive defence". First Vice President Mohammad Reza Aref said the recapture of the city in 1982 showed that the new government could defeat aggression on its own terms. Tehran now aims to "overcome our savage enemy" through holding its ground, he wrote on X. The War of Symbols: Map Exchanges and Positioning The latest barrage of messaging from leaders in Tehran came after Trump appeared to suggest that he wanted to take control of Iran. On his Truth Social account on Saturday, the US president posted a photo of the US flag covering the map of Iran, with the question: "United States of the Middle East?" In response, the X accounts of multiple Iranian embassies abroad posted a US map covered with the flag of the Islamic Republic, with the question: "United States of Iran?" Future Outlook: Conditions for Peace and Regional Implications The Trump administration has emphasised that it wants a long-term suspension of uranium enrichment in Iran and the extraction of high-enriched nuclear material from the country. It also wants the Strait of Hormuz – through which one-fifth of the world's oil shipments normally pass, but which Iran has blockaded – reopened fully without any tolls from Iran, officials have said. Israeli officials have remained largely silent about a US deal with Tehran, but have reportedly been pushing to resume the war.