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World Economy Apr 17, 2026

Roketsan Aims for Top‑10 Global Defense Export Spot with $3 bn Expansion as Turkey Capitalises on War‑Driven Demand

Turkey’s premier missile maker Roketsan is accelerating a $3 bn expansion to break into the world’s…
Modern combat has been reshaped by the Russia‑Ukraine war, the Gaza clashes, India‑Pakistan skirmishes and the recent US‑Israel strikes on Iran, driving an unprecedented global appetite for drones, missiles and sophisticated air‑defence systems. Turkey, a leading military power in the Middle East, is positioning itself as a key supplier in this booming market. At the heart of Turkey’s push is Roketsan, a firm founded in 1988 to equip the Turkish Armed Forces. Today the company exports to roughly 50 nations and is counted among the fastest‑growing defence enterprises worldwide. Bypassing Western embargoes has been a catalyst for this growth. After the United States imposed CAATSA sanctions in 2020 and removed Turkey from the F‑35 programme, Ankara was forced to develop an indigenous defence ecosystem. The result is a network of nearly 4,000 small and medium‑sized enterprises that now supplies over 90 % of the components used in Turkish weapons. Financially, the strategy is paying off. In 2025 Turkish defence exports reached $10 billion. Roketsan’s General Manager Murat Ikinci told Al Jazeera the firm sits at 71st place among global defence firms and is targeting a climb into the top 50, then top 20, and ultimately the top 10 by the end of the decade. To fuel this ambition, President Recep Tayyip Erdoğan inaugurated a suite of new facilities last week, including: Europe’s largest warhead production plant. A new R&D centre employing 1,000 engineers. The “Kirikkale” complex dedicated to rocket‑fuel research. Infrastructure for mass‑producing ballistic and cruise missiles. The construction represents a $1 billion outlay, with an additional $2 billion earmarked for scaling up production capacity. Roketsan’s R&D engine—the third‑largest in Turkey with 3,200 engineers—draws heavily on lessons from ongoing wars. The Ukraine conflict highlighted the effectiveness of cheap FPV and AI‑guided kamikaze drones, prompting Roketsan to field systems such as the ALKA and BURC air‑defences and the laser‑guided CIRIT missile. Recent US‑Israel operations against Iran have underscored the threat posed by low‑cost Iranian‑designed Shahed drones, now upgraded with Russian “Kometa‑B” anti‑jamming modules. These swarms have overwhelmed regional defences and even struck a British base in Cyprus in March 2026, while NATO intercepted three Iranian ballistic missiles that entered Turkish airspace. In response, Roketsan is advancing the “Tayfun” (Typhoon) missile family. The flagship Tayfun Block 4 is a hypersonic ballistic missile designed to pierce advanced air‑defence layers at extreme speeds. When pressed for specifics, Ikinci declined to disclose the exact range, noting only that it is “sufficient.” Strategically, Turkey is shifting away from Western dependence toward an “Eastern” partnership model. Roketsan now offers joint production and technology‑development agreements, establishing co‑located facilities and R&D centres across the Middle East, Far East and Europe. Qatar has been cited as a flagship example of this collaborative approach. Roketsan has identified five priority product lines to meet rising global demand: Long‑range ballistic and cruise missiles. Advanced air‑defence systems, including “Steel Dome”, Hisar‑A, Hisar‑O and Siper. Submarine‑launched cruise missiles leveraging the AKYA system. Smart micro‑munitions for armed drones. Long‑range air‑to‑air missiles, a capability highlighted by the recent India‑Pakistan clash. The timing is critical. Ongoing conflicts have depleted the stockpiles of high‑end air‑defence assets worldwide. During the US‑Israel‑Iran confrontation, the United States relied heavily on Patriot and THAAD systems, raising concerns that interceptor inventories could run low. Gulf states, which have logged over 1,000 drone sightings in their airspace, are actively seeking alternative solutions—an opening that Turkey’s self‑sufficient supply chain is poised to fill. Analysts warn that even major powers like the United States will need years to rebuild their air‑defence inventories due to the complexity of production. Turkey’s claim of near‑complete domestic manufacturing positions it as a ready supplier for nations eager to diversify away from traditional Western sources. As demand for missiles and drones surges, Roketsan is reinvesting its revenues into expanding production infrastructure, aiming to cement its place among the world’s elite defence exporters.
#defence #turkiye #roketsan
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News Apr 17, 2026

US House Rejects Resolution to Limit Trump's Power to Wage War with Iran

The US House of Representatives has voted down a resolution aimed at curtailing President Donald Tr…
The US House of Representatives has rejected a resolution aimed at limiting President Donald Trump's power to wage war with Iran. The vote, which took place on Thursday, resulted in 213 votes in favor and 214 against the resolution, highlighting the deep divisions within Congress on the issue.The narrow margin underscores the intense debate over Trump's military actions in Iran and the role of Congress in authorizing war. The resolution's defeat comes a day after a similar measure failed in the US Senate, with Republicans largely opposing efforts to constrain Trump's military authority.Democrats have accused Republicans of giving unchecked power to Trump, who has been engaged in a military conflict with Iran since February 28. The war has resulted in significant human and economic costs, including the loss of servicemembers' lives and soaring gas prices.Under the US Constitution, only Congress has the authority to declare war, although presidents may conduct military actions in instances of immediate self-defense. The Trump administration has maintained that Iran's actions since the 1979 Iranian Revolution constitute such a threat, while critics argue that the US and Israeli attack on Iran was unprovoked and violated international law.The failed resolution reflects the ongoing struggle between Congress and the executive branch over the power to wage war. Democrats have argued that Congress must assert its authority to prevent an unchecked expansion of presidential power, while Republicans have largely supported Trump's military actions in Iran.Ceasefire negotiations between the US and Iran are ongoing, with both sides signaling a willingness to engage in further talks. However, significant issues remain unresolved, including control of the Strait of Hormuz and the future of Iran's nuclear program.
#iran #war #trump
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Features Apr 16, 2026

Yemen’s War Pushes Millions of Children Into Child Labor as Schools Collapse

A decade‑long conflict in Yemen has forced children like 14‑year‑old Qasim to abandon school for pl…
Sanaa, Yemen – At 7 a.m., 14‑year‑old Qasim wakes, grabs a one‑metre‑by‑half‑metre white sack and heads out to collect plastic bottles, hoping to fill it by 11:30 a.m. A full sack can bring in up to 1,500 Yemeni riyal (≈ $3), which the family uses for daily meals. When Qasim returns home, he can briefly be a child again, playing football with neighbours. By evening, his 12‑year‑old brother Asem takes over the bottle‑collecting, selling the haul at night to cover dinner costs. For the siblings, school is a luxury they cannot afford. "I was in fourth grade in 2024, but I stopped because I needed to help my family," Qasim told Al Jazeera, wiping his cheeks. "Sitting in a classroom would not feed me," he added. The conflict that began in 2014 between Iran‑backed Houthis and the Saudi‑backed government has devastated Yemen’s education system. UNICEF estimates that 3.2 million school‑aged children are out of school, with another 1.5 million displaced children at risk of permanent dropout. Even though a cease‑fire was declared in April 2022, the war’s economic fallout persists. During the fourth Riyadh International Humanitarian Forum, Yemen’s Minister of Planning Waed Badhib said the war has cost the national economy **over $250 billion** and pushed unemployment to **35 %**. Parents like Qasim’s father, 48‑year‑old daily‑wage worker Abdu, no longer see education as a viable path. "Seeing a hungry child hurts more than seeing a child drop out," he said, noting that many university graduates now work as construction guards or porters. Experts warn that this short‑term coping strategy harms long‑term prospects. Mahmoud al‑Bukari, a Taiz academic, explained that forcing children into work “creates further social and economic problems for both individuals and society.” Sociology professor Afrah al‑Humaiqani stressed that denying education violates children’s rights and breeds anxiety, undermining future economic development. Infrastructure damage compounds the crisis: more than 2,400 schools are destroyed, partially damaged, or repurposed (Save the Children). Remaining classrooms are overcrowded, and teachers—many unpaid for years—are demotivated, leading to a decline in teaching quality. Fatima Saleh, a teacher in Sanaa, described educators as the "engine" of learning. "When that engine falters, students lose interest and drop out," she said, noting that unpaid salaries force many teachers to quit or seek other work. Journalist Mohammed Abdu al‑Samei argues that the cease‑fire alone cannot revive education without addressing the underlying economic collapse. International aid has also dwindled, leaving a critical funding gap for programs that once kept children in school. For Qasim, returning to a classroom is no longer realistic. He now aims to acquire a trade—painting, carpentry, or welding—to earn a living, saying, "I will not return to the classroom, but I will learn a skill that helps my family."
#yemen #unicef #houthis
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Video Apr 16, 2026

Pakistan Anticipates Significant Shift Linked to Iran's Nuclear Ambitions

Pakistan signals expectation of a major development connected to Iran's nuclear program, hinting at…
Pakistan has publicly indicated that it foresees a major breakthrough that is directly tied to the progress of Iran's nuclear programme. While details remain scarce, the statement underscores the strategic importance Islamabad places on developments in Tehran's nuclear trajectory. The anticipation of such a breakthrough suggests that Pakistan may be preparing for shifts in regional diplomatic dynamics, security calculations, or economic considerations that could arise from changes in Iran's nuclear status. Analysts note that any substantive movement in Iran's nuclear capabilities could reverberate across South Asia, influencing not only bilateral relations between Islamabad and Tehran but also broader geopolitical alignments in the Middle East and beyond.
#pakistan #expecting #major
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News Apr 16, 2026

Pakistan‑Led Mediation Raises Prospects for US‑Iran Nuclear Deal Amid Ongoing Regional Tensions

A high‑level Pakistani delegation, headed by Army Chief Asim Munir, arrived in Tehran to convey U.S…
Pakistani officials have expressed confidence that a significant diplomatic breakthrough could emerge from the latest round of U.S.–Iran negotiations, with Islamabad intensifying its role as mediator in a conflict that has already claimed thousands of lives. On Wednesday, a senior Pakistani delegation led by Army Chief Asim Munir landed in Tehran to deliver a message from Washington to Iranian leaders, according to Iran’s Press TV. The envoy was welcomed by Foreign Minister Abbas Araghchi, who thanked Pakistan for its "gracious hosting of dialogue" and indicated that groundwork is being laid for a second U.S.–Iran round of talks. Al Jazeera analyst Osama Bin Javaid noted that Pakistani officials anticipate a "major breakthrough on the nuclear front," with messages shuttling continuously between the two capitals. The core dispute centers on the length of any Iranian enrichment freeze—ranging from a proposed five‑year to a twenty‑year moratorium—and the disposition of Iran’s 440 kilograms of highly enriched uranium. Options under discussion include exporting the material, diluting it to natural uranium, or reducing enrichment to a maximum of 3 %. Pakistan’s diplomatic push follows a stalled U.S.–Iran session in Islamabad that ended without a cease‑fire agreement. Mediators are now concentrating on three pivotal issues: the nuclear programme, control of the strategic Strait of Hormuz—which Tehran has effectively closed, driving up global oil prices—and compensation for wartime damages. The conflict, ignited by the United States and Israel on 28 February, has resulted in more than 3,000 Iranian deaths and prompted retaliatory strikes against Gulf states. It has also reignited hostilities between Israel and Hezbollah in Lebanon, where over 2,000 casualties have been reported since early March. A cease‑fire declared on 8 April halted attacks in Iran and the Gulf, yet Israeli operations in southern Lebanon have persisted. Simultaneously, Pakistan’s Prime Minister Shehbaz Sharif embarked on a regional tour to Saudi Arabia, Qatar and Turkey, a move described by Bin Javaid as a "double‑pronged strategy" aimed at neutralising opposition to a potential deal. According to the White House, President Donald Trump signalled optimism on Tuesday, suggesting the war could conclude within "an amazing two days" and that it is "very close to over." Press Secretary Karoline Leavitt later described the Pakistan‑facilitated talks as "productive and ongoing," adding that further negotiations are likely to take place in Islamabad. Iran’s Ministry of Foreign Affairs confirmed that message exchanges with the United States have continued via Pakistani channels, with spokesperson Esmaeil Baghaei stating that Tehran’s positions have been communicated. Nevertheless, tensions linger. A U.S. naval blockade of Iranian ports in the Strait of Hormuz remains active; U.S. Central Command reported turning back nine vessels as of Wednesday. Iran’s military denounced the blockade as a breach of the cease‑fire, and the Iranian joint command chief, Ali Abdollahi, warned of possible retaliation by disrupting trade routes through the Red Sea, the Gulf and the Sea of Oman if the blockade persists.
#iran #tehran #talks
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Politics Apr 16, 2026

UK Chancellor Reeves Signals Possible Welfare Cuts to Finance Defence Boost Amid Iran and Ukraine Crises

Chancellor Rachel Reeves warned that increasing UK defence spending to 2.6% of GDP may require cuts…
Chancellor Rachel Reeves cautioned that the push to raise Britain’s defence budget will likely demand reductions in other spending areas, notably welfare, as the nation confronts escalating geopolitical pressures. She emphasized that the government is exploring a range of options but aims to avoid new taxes or extra borrowing, noting that “we already spend £1 in every £10 on servicing the debt.” Reeves highlighted her willingness to challenge party orthodoxy, pointing to last year’s budget moves that freed additional funds for defence, and said, “I’m willing to make difficult choices for national security.” Speaking on the sidelines of the International Monetary Fund spring meetings in Washington, she referenced the government’s 10‑year defence investment plan and stressed the importance of allocating resources appropriately. While refusing to detail which welfare programmes might be trimmed, Reeves reaffirmed that “national security always comes first” and confirmed that Labour will keep its manifesto pledge to retain the pension triple‑lock. Her stance mirrors Health Secretary Wes Streeting, who earlier warned that welfare reforms could be required to meet “the challenge of the world we face.” The Starmer administration faces mounting pressure from opposition MPs and senior military figures, especially after US President Donald Trump’s threats to withdraw the United States from NATO and the ongoing Iran‑Israel and Russia‑Ukraine conflicts. Current forecasts show UK defence spending reaching 2.6 % of GDP by April 2027, surpassing targets set by both Labour and the opposition before the 2024 general election. Reeves proudly noted that her previous budgets delivered “the biggest uplift in defence spending since the end of the Cold War,” arguing that a robust economy depends on strong national security. The IMF warned that a further escalation in the Middle‑East could trigger a global recession, with the UK potentially hit hardest among G7 nations, and cautioned that government debt is on track to hit its highest level since World War II. To fund household and business support without widening the fiscal gap, Reeves suggested reprioritising other budgets, criticizing the blanket subsidies of the previous Conservative government that cost over £100 billion and contributed to higher inflation and interest rates. She concluded that “the best way to help families and businesses is to keep prices, costs and interest rates down,” underscoring the fiscal balancing act ahead.
#Rachel Reeves #UK defence spending #IMF
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Sports Apr 16, 2026

Ollie Watkins' 100th Goal Sends Aston Villa into Europa League Semi-Final and Fuels Champions League Push

Ollie Watkins celebrated his 100th club goal as Aston Villa secured a comfortable aggregate win ove…
Ollie Watkins opened the scoring in the 16th minute, marking his 100th goal for Aston Villa and giving Unai Emery’s side a decisive edge in the Europa League quarter‑final second leg against Bologna.The England striker, still hoping for a late recall to Thomas Tuchel’s World Cup squad, added to a first‑leg 3‑1 advantage that had already put Villa in a strong position. Goals from Emiliano Buendía and Morgan Rogers – the latter converting after a missed penalty – extended the lead, while Ezri Konsa capped the aggregate triumph with a late volley after a corner from Tammy Abraham.Villa’s 6‑1 aggregate victory sets up an all‑English semi‑final against Nottingham Forest, while the club also prepares for a crucial Premier League clash with Sunderland as they chase a top‑five finish.Emery, who is chasing his fifth Europa League title, fielded an unchanged XI – a first in his tenure – and maintained an unbeaten European record when John McGinn and Youri Tielemans start. The 4‑4‑2 formation saw Rogers drop deep to link play, delivering a low cross that Watkins turned into his simplest strike of the season.Watkins’ goal was his fifth in seven games and a club‑record 10th in European competition, underscoring his resurgence after being omitted from the England squad. He hinted that a strong showing could bolster his case as a potential deputy for Harry Kane.Villa’s dominance at home in Europe is evident – they have won 15 of their last 17 major continental matches. Financially, the club reported a modest £9.5 million loss for the year ending June 2025, making a swift return to the Champions League both a sporting and economic priority.Emery’s ambition remains clear: while the Europa League trophy is within reach, the ultimate goal is to lift the Champions League and secure the club’s future. As he wrote in his programme notes, “All of you fully deserve to have your team showing up when the best teams are still competing.”
#villa #his #rogers
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World Economy Apr 16, 2026

UK’s £600 million Bics plan deemed insufficient to revive industrial competitiveness

The British industrial competitiveness scheme (Bics) promises up to a 25% electricity‑bill cut for …
The government touts the British industrial competitiveness scheme (Bics) as "bold action" to sharpen the United Kingdom’s industrial edge, offering up to a 25% reduction in electricity bills for firms operating in eight "modern" sectors of its industrial strategy. Union leader Gary Smith of the GMB immediately challenged the claim, warning that gas‑intensive industries such as ceramics and brickmaking have been "shamefully ignored" and left out of the support package. At a cost of roughly £600 million a year for 10,000 companies, the scheme is widely viewed as a modest drop in the ocean. While the rollout has been broadened from the originally announced 7,000 firms and now includes a back‑dated claim period starting in April 2025, the financial scale remains limited. Eligibility is deliberately intricate: firms must belong to a "frontier" or "foundational" industry and meet strict electrical‑intensity thresholds for specific product lines. Those that qualify receive relief from three policy charges on their electricity bills, including two green levies, amounting to up to £40 per megawatt‑hour. Two broader observations emerge. First, the programme marks the clearest governmental admission to date that the UK’s business energy costs – the highest among developed economies – are eroding competitiveness. The stated ambition is to bring electricity prices for the targeted sectors in line with European averages. Second, policymakers are beginning to untangle the web of levies that inflate bills. The carbon price support mechanism, a charge on generators passed through to consumers, is slated for abolition by April 2028, after it helped phase coal out of the grid. Nevertheless, the £600 million figure underscores a deeper debate about how to fund the energy transition and new grid infrastructure. Countries such as Germany absorb a larger share of policy costs through general taxation to keep industry competitive, whereas the UK has traditionally shifted those costs onto electricity bills. The Bics announcement signals a tentative shift toward rebalancing, but the scale remains modest. In an ideal, fiscally unconstrained scenario, a broader scheme could run into the billions and target a wider swath of industry. Treasury officials, however, remain skeptical that a larger outlay would generate sufficient long‑term growth and tax revenue to justify the expense, a view reportedly shared by Chancellor Rachel Reeves. Ultimately, Bics can be seen as an unsatisfactory stopgap. It acknowledges that soaring electricity prices are a structural problem but confines the remedy to a narrow slice of the economy, leaving the broader competitiveness challenge largely unaddressed.
#government #scheme #industrial
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World Economy Apr 16, 2026

South Korea Seeks to Spark Renewable Energy Revolution Amid Iran Crisis

South Korea aims to accelerate its renewable energy transition in response to the Iran crisis, with…
South Korea is seeking to capitalize on the Iran crisis to accelerate its transition to renewable energy, with a focus on expanding its 'solar income village' program. The initiative, which aims to reach 2,500 villages by 2030, has already shown promising results in rural areas like Guyang-ri, where a one-megawatt solar installation generates $6,800 in net profit monthly. The village uses this revenue to fund communal benefits, including free meals for residents and a 'happiness bus' for elderly people. This approach has strengthened community bonds and improved quality of life, demonstrating the potential for renewable energy to drive social and economic development. President Lee Jae Myung has emphasized the need for a faster clean energy transition, citing South Korea's heavy reliance on imported energy, including crude oil from the Strait of Hormuz. The government has increased funding for renewable energy projects, allocating a supplementary budget of about 500bn won to energy transition, which includes grid infrastructure upgrades and support for renewable energy projects. However, challenges persist, including the country's reliance on Chinese supply chains for solar panels and the need to address grid capacity limitations. Environmental groups have expressed concerns that the government's response to energy transition falls short, citing the allocation of 5tn won to absorb fossil fuel price hikes, including direct subsidies to oil refineries. Despite these challenges, experts believe that the window for transformative change is open, and the government's institutional courage will be crucial in defining South Korea's energy future.
#solar #energy #village
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