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Residents of Tehran and much of Iran are breathing a sigh of relief after a two-week ceasefire was announced, bringing an end to daily bombardments. The ceasefire, agreed upon by Iran and the US with mediation from Pakistan, has allowed some traffic to return to the streets of the Iranian capital during daylight hours.Despite the temporary reprieve, Tehran remains far from its usual bustling state, having been targeted by several thousand munitions since February 28. The Iranian capital is home to more than 10 million people. Air defence systems were activated for short periods several times since the ceasefire was announced overnight, but there were no reports of impacts or any official explanation for the activations.People across Tehran are debating whether the ceasefire will hold and what the future may hold for them. A young man noted, “Looks like the ceasefire will continue. I heard the Israelis are opening up their airspace more,” referring to an announcement by Israeli authorities that flights will resume from Ben Gurion Airport.However, others are more pessimistic, especially after two critical islands off southern Iran were attacked on Wednesday morning, hitting oil facilities. It is unclear who was behind the attack. The Islamic Revolutionary Guard Corps (IRGC) said it shot down a drone in the southern province of Fars.Saudi Arabia, the United Arab Emirates, Qatar, Kuwait, and Bahrain also reported attacks on their territories by missiles and drones from Iran, with Iranian state television confirming this was in retaliation for the post-ceasefire oil attacks. Tehran said it was ready to restart military operations if attacked again.On Tuesday, Iranians had been worried about the targeting of critical civilian infrastructure, such as power plants and bridges, after a threat from US President Donald Trump to end “civilisation” in a country with one of the world’s oldest civilisations. The ceasefire was announced shortly before the midnight GMT deadline that Trump had set for an agreement to be reached.The Israeli military intensified its attacks in the hours preceding the ceasefire, hitting electricity outposts, bridges, and the railway network. Warplanes also struck the Iranian Aluminium Company in Arak, damaging the country’s largest aluminium production facility.Even after the ceasefire, Israel continued attacking Lebanon, killing more than 250 people in a devastating day of attacks on Wednesday. Israel said it was targeting Iran’s ally Hezbollah, but civilian locations across Lebanon were hit.Trump hailed what he described as a decisive victory against Iran while announcing the ceasefire, but his top general emphasised that the deal only signifies a pause and combat operations could start once again if no final deal is reached. The US military said it struck 13,000 targets across Iran in less than six weeks of war.In Iran, similar proclamations of victory and celebrations were broadcast from Iranian state television. A statement from the Supreme National Security Council urged supporters of the government to trust in the system and refrain from making “divisive commentary”.The council also stressed that affairs were being overseen by Mojtaba Khamenei, who was declared Iran’s supreme leader after his father, Ayatollah Ali Khamenei, was killed on the first day of the war on February 28.

US President Donald Trump has announced that countries supplying Iran with military weapons will face immediate 50% tariffs on all goods sold to the United States, with no exemptions. This move comes hours after Trump agreed to a two-week ceasefire with Tehran.In a social media post, Trump stated that 'A Country supplying Military Weapons to Iran will be immediately tariffed, on any and all goods sold to the United States of America, 50%, effective immediately. There will be no exclusions or exemptions!'However, experts have raised questions about the legal authority behind Trump's announcement, as the Supreme Court struck down his use of the International Emergency Economic Powers Act (IEEPA) to impose broad global tariffs in February. The IEEPA has been used extensively for decades to back financial sanctions against Iran, Russia, and North Korea.Rachel Ziemba, adjunct senior fellow at the Center for a New American Security, told Al Jazeera that 'it's a lot more complicated to do that after IEEPA was struck down. There's no immediate policy lever and authorisation that is available for the US to do that. So they need either an act of Congress or need to adapt some other trade tool.'Trump did not specify which countries could face punitive tariffs, but China and Russia have helped Iran build military capacity to counter US and Israeli pressure. The US imports from Russia have fallen sharply since the invasion of Ukraine in 2022 and the wave of financial sanctions imposed on Moscow.Josh Lipsky, vice president and chair of international economics at the Atlantic Council, said that 'this is a China-related threat, the way I read it. And China will read it that way.' However, he also noted that Trump was unlikely to follow through with new tariffs in the near term because that would derail his planned trip to Beijing to meet with Chinese President Xi Jinping in mid-May.

Lidl announced a major expansion in the United Kingdom, pledging to open 50 new stores over the next twelve months. The rollout is part of a broader strategy to become the country’s fifth‑largest supermarket, challenging Morrisons for that slot. In a unique move, the German‑owned retailer is also constructing its first pub in east Belfast. Local licensing rules require supermarkets to acquire a licence surrendered by an existing premises, and Lidl failed the standard off‑licence test but succeeded for a pub after two nearby bars closed. The venue, set to seat about 60 patrons, will open this summer and will feature a curated selection of Lidl‑branded beers, wines, spirits and other drinks, with a focus on supporting local suppliers. Lidl GB, which already operates more than 1,000 stores across Britain, said it will invest **over £600 million** in the UK expansion. The capital injection is expected to generate **almost 2,000 jobs** as the company enlarges its warehouse and logistics network to service the new outlets. Among the first locations slated for summer openings are Abbots Langley (near Watford), Warrington in Cheshire, and Thornbury in Gloucestershire. The company reported 50 store openings planned for the coming year, up from 40 in the previous twelve‑month period, and expects **no closures** during this time. Market data shows Lidl now matches Morrisons with an **8.3% share** of the UK grocery market, achieving the fastest growth among physical grocers. In the three months to 22 March, Lidl’s sales rose **9.6%**, outpacing Morrisons’ modest **2.3%** increase, which lagged behind inflation. Over the year to February 2025, Lidl’s UK sales climbed **8.3% to £11.7 billion**, while profits more than doubled to **£156.8 million** and employee numbers rose to **11,422**. Chief Executive Ryan McDonnell emphasized the broader impact, stating, “Our expansion translates directly into high‑quality jobs and gives British suppliers the certainty they need to invest in the future.” The move has also drawn praise from Kate Dearden, the minister for employment rights and consumer protection, who highlighted the importance of such investment for community standards and fair wages. While Lidl and rival Aldi have surged ahead by offering low‑price alternatives amid a cost‑of‑living crunch, traditional giants Tesco and Sainsbury’s are responding with enhanced loyalty programmes and price‑competitive ranges to retain market share.

Federal weather data reveal that March 2026 was the hottest March ever recorded across the continental United States in a 132‑year dataset, with average temperatures soaring to 50.85 °F (10.47 °C), a staggering 9.35 °F (5.19 °C) above the 20th‑century March norm. This anomaly eclipsed the previous record of an 8.9 °F excess set in March 2012, marking the most extreme departure from average temperatures for any month in U.S. history. The month’s daytime highs were equally extreme, averaging 11.4 °F above the long‑term benchmark—almost a degree hotter than the typical April high, according to the National Oceanic and Atmospheric Administration (NOAA). Such extreme warmth is part of a broader trend: six of the ten most abnormal heat months have occurred within the last decade, and February 2026, at 6.57 °F above normal, ranked as the tenth most anomalous month on record. “The March heat wave was unprecedented across the United States,” noted Shel Winkley of Climate Central, emphasizing the sheer volume of records broken. In just two days (March 20‑21), roughly one‑third of the nation experienced temperatures that would have been virtually impossible without human‑induced climate change, according to Climate Central’s analysis. Data compiled by meteorologist Guy Walton shows that more than 19,800 daily temperature records were surpassed in March, and over 2,000 locations set new monthly heat records—a volume of record‑breaking events usually spread across entire decades. Jeff Masters of Yale Climate Connections warned that “climate change is kicking our butts,” adding that the January‑March period was the driest on record for the contiguous United States. The combination of extreme heat and historic dryness threatens water supplies, agriculture, river navigation, and overall ecosystem health. Looking ahead, both the European Copernicus climate service and NOAA project the formation of a “super” El Niño in the coming months, with the potential to amplify global temperatures into late 2026 and 2027. Meteorology professor Victor Gensini of Northern Illinois University cautioned that such an event could push the planet to new record‑high temperature thresholds.

Argentina's congress has approved a bill promoted by President Javier Milei that authorizes mining in ecologically sensitive areas of glaciers and permafrost, sparking widespread environmental protests. The bill, which was already approved by the senate in February, will make it easier to mine for metals such as copper, lithium, and silver in frozen parts of the Andes mountains.The chamber of deputies approved the amendment with 137 votes in favor, 111 against, and three abstentions after nearly 12 hours of debate. Environmentalists argue that the legislative changes will weaken protections for crucial water sources, with thousands protesting outside parliament, holding banners with slogans such as “Water is more precious than gold!” and “A glacier destroyed cannot be restored!”Seven Greenpeace activists were arrested earlier in the day after scaling a statue outside parliament and unfurling a banner urging lawmakers “not to betray the Argentine people”. The passage of the amendment is a new coup for Milei, who pushed through looser labor laws in February despite repeated street protests.Environmental activists, such as Flavia Broffoni, argue that there is no possibility of creating a 'sustainable mine' in a periglacial environment. Argentina has nearly 17,000 glaciers or rock glaciers, with glacial reserves in the north-west shrinking by 17% in the last decade due to climate change.Milei, a free-market radical who does not believe in human-made climate change, says the bill is necessary to attract large-scale mining projects. The Central Bank of Argentina estimates that the country could triple its mining exports by 2030. Supporters argue that the bill will provide legal certainty and clear definitions, while critics, such as Enrique Viale, warn that it threatens the water supply for 70% of Argentinians.

The Strategic Duality of Amazon's AI PortfolioAWS CEO Matt Garman has officially validated a strategy that seemed contradictory on the surface: investing billions in both OpenAI and Anthropic. Speaking at the HumanX conference in San Francisco, Garman addressed the inevitable questions regarding the $50 billion investment in OpenAI following the long-standing $8 billion investment in Anthropic.Garman, a veteran of Amazon since 2005, argued that this is not a conflict of interest, but a standard operating procedure for the cloud giant. He explained that AWS has long accepted the reality that it must compete with the very partners that help it succeed.Analyzing the $50 Billion Dual-Track StrategyThe core of Garman's argument lies in the interconnected nature of technology. He noted that in AWS's earliest years, the company realized it could not build every cloud offering itself. Instead, they built a "muscle" for navigating the complex market where partners often become competitors.Historical Context: In 2006, it was radical for partners to compete with those who helped them succeed.Current Reality: Today, even Oracle sells its database services directly on AWS, a direct competitor to Amazon's own database offerings.Competitive Promise: AWS has promised partners they will not grant themselves an unfair competitive advantage.Redefining the Cloud Partner EcosystemThe AI landscape is mirroring this historical shift. When Anthropic raised its latest $30 billion round in February, it included investors who were also backing OpenAI, such as Microsoft. Garman pointed out that this is the new normal in the "wild, money-grabbing world of AI."For AWS, the OpenAI investment was a strategic imperative. Both OpenAI and Anthropic models were already available on Microsoft's cloud, AWS's biggest rival. By investing in OpenAI, Amazon ensured it remained a technology development partner rather than being locked out of the loop.The Future of Model Routing and Homegrown IntegrationGarman predicts that the industry will move toward AI model-routing services. These services will allow customers to automatically switch between different models based on task requirements—such as using a cheaper model for code completion and a powerful model for complex reasoning.This routing capability is the key to how Amazon and Microsoft will slip their own homegrown models into usage, effectively recreating the "competing with your partners" dynamic that defines the modern cloud era.

Pakistan's diplomatic efforts culminated in a two-week ceasefire between the US and Iran, agreed upon just hours before US President Donald Trump's deadline to destroy Iran's 'civilisation'. The ceasefire was announced by Trump on his social media platform, Truth Social, and confirmed by Iranian Foreign Minister Abbas Araghchi.The breakthrough was facilitated by Pakistani Prime Minister Shehbaz Sharif and Field Marshal Asim Munir, who engaged in extensive diplomacy with both sides. Sharif publicly announced the ceasefire, inviting both delegations to Islamabad for further negotiations. The talks are expected to begin on Friday, potentially involving a US delegation led by Vice President JD Vance.The conflict, which began on February 28, had killed over 2,000 people in Iran and disrupted roughly a fifth of the world's oil supplies. Pakistan's role as a mediator was seen as a significant diplomatic achievement, with both Washington and Tehran acknowledging its efforts.The ceasefire is not a peace deal, and key differences remain unresolved, including Iran's uranium enrichment and the Strait of Hormuz. However, analysts view Pakistan's role as a major shift in its diplomatic efforts, positioning itself at the centre of a significant diplomatic initiative.

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 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.