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World Economy Apr 13, 2026

Nigerian Handweavers Keep Aso‑Oke Tradition Alive as Global Demand Soars

Artisans in Iseyin, Nigeria, are preserving the hand‑woven aso‑oke fabric despite rising domestic a…
In the quiet town of Iseyin, about 200 km north‑west of Lagos, shaded courtyards and narrow lanes have become the beating heart of Nigeria’s iconic aso‑oke textile industry. Under makeshift sheds, weavers operate wooden looms that have remained largely unchanged for generations. Recent years have seen a surge in demand for the thick, multicoloured fabric, driven by the Nigerian diaspora and an expanding international appetite for African fashion. Yet the craftsmen and women of Iseyin staunchly oppose the introduction of machines, arguing that the hand‑woven process is essential to the cloth’s distinctive texture and cultural value. The craft now serves as an economic lifeline. Young Nigerians—including university graduates—are flocking to Iseyin to learn the trade, attracted by the promise of a steady income. One such convert, Waliu Fransisco, abandoned a career as a Lagos nightclub singer a decade ago to master the loom. At 34, he says, “I now earn a decent living from weaving aso‑oke and I’m satisfied.” Aso‑oke, literally meaning “cloth from the up‑country,” has become a staple in Nigeria’s fashion scene, appearing in ceremonial attire, contemporary streetwear, and even high‑profile outfits such as the wrapper and shawl worn by Meghan Markle during her 2024 visit to Nigeria with Prince Harry. Traditionally, the fabric was produced from locally sourced cotton or silk, with threads hand‑spun, dyed, and woven in limited colour palettes. Today, most weavers use loom‑ready yarns imported primarily from China, allowing for a broader spectrum of hues while preserving the labor‑intensive hand‑weaving technique. Each loom requires meticulous arrangement of narrow, tightly patterned strips that are later sewn together to form the wider cloth used for garments and accessories. “This is what Iseyin is known for,” says 35‑year‑old weaver Kareem Adeola, echoing the sentiment of a community that views the craft as a direct inheritance from its forebears. As global fashion houses and consumers continue to seek authentic African textiles, the artisans of Iseyin stand at the crossroads of tradition and market opportunity, proving that cultural heritage can thrive alongside modern demand.
#aso-oke #fabric #iseyin
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Politics Apr 12, 2026

Peru Elects Ninth President in Less Than a Decade Amid Political Turmoil

Peru is voting for its ninth president in less than a decade, with 27 million eligible voters choos…
Peruvians are heading to the polls to elect their ninth president in less than a decade, a period marked by political instability and corruption scandals that have led to widespread voter disillusionment.Since 2018, Peru has seen eight presidents, with a high turnover rate marred by impeachments and corruption scandals. This has resulted in weak governments and a lack of trust in the political system.On Sunday, 27 million Peruvians are eligible to vote, with polling stations across the country opening at 7am (12:00 GMT) and closing at 5pm (22:00 GMT). Preliminary results are expected shortly afterwards.The presidential ballot features 35 candidates, including a comedian, a media baron, a political dynasty heiress, and a hard-line ex-mayor. However, all major candidates continue to poll well below the 50 percent needed to win the election, making a June 7 run-off appear likely.The most well-known candidate is conservative Keiko Fujimori, who will make her fourth presidential bid. Her candidacy remains polarizing due to her family legacy, with her father, former President Alberto Fujimori, convicted of human rights abuses and corruption.Other notable candidates include Ricardo Belmont, a former mayor of Lima, and Carlos Alvarez, a popular comedian who has campaigned on a platform of being tough on crime. Peru's homicide rate has more than doubled in the past decade, making crime a major concern for voters.Many Peruvians, however, remain disillusioned with the political system and the available candidates. A fruit seller in Lima told the Reuters news agency that she was still undecided on who to vote for, saying "Peru is a mess, and there's no candidate worth voting for." A clothing merchant also shared similar sentiments, stating "We've been governed by nothing but corrupt, thieving scoundrels."
#Peru #Presidential Election #Political Turmoil
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Politics Apr 12, 2026

Palestinian Outcry After Israel Greenlights New West Bank Settlements

Palestinian groups voiced strong opposition as Israel approved additional settlement construction i…
Palestinian communities expressed deep outrage after Israel announced the approval of new settlement projects in the occupied West Bank. The decision, seen as a further expansion of Israeli presence in the territory, has intensified existing disputes and drawn criticism from regional observers.
#Israel #Palestine #West Bank
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World Economy Apr 12, 2026

Trump's 2027 Budget Prioritizes Military Spending Over Healthcare and Social Welfare

President Trump's 2027 budget proposal has sparked criticism for prioritizing military spending ove…
President Donald Trump's 2027 budget proposal has drawn sharp criticism for its stark prioritization of military spending over healthcare and social welfare programs, despite the US facing a crisis of deaths from avoidable causes. The budget proposes a $1.5 trillion military expenditure, a significant increase from previous years, while cutting the Department of Health and Human Services (HHS) budget by 12%.The US faces a grim reality in healthcare, with deaths from treatable conditions nearly twice the rate of countries like Spain, France, Japan, and Australia. Many Americans struggle to access healthcare due to cost, with the US having the highest out-of-pocket expenses for medical services among its peers. The proposed budget cuts to HHS and other non-defense programs will likely exacerbate these issues.Trump's budget plan also slashes funding for programs like Medicaid and the Affordable Care Act, potentially leaving 15 million Americans without health insurance, according to analysts. The administration's justification for these cuts includes claims of corruption and wasteful spending in certain programs.The budget proposal has been seen as a betrayal by many Americans who supported Trump based on his promises to help working-class individuals. The data suggests that if Trump continues to ignore the needs of his base, he may soon lose their support. American men and women are dying, and these individuals are also Trump's voters.The Pentagon's recent spending on conflicts, such as the war against Iran, has been substantial, with estimates suggesting $12.7 billion in the first six days and $28 billion in just over five weeks. The budget proposal's focus on military spending raises concerns about the impact on the US economy and society.
#budget #trump #americans
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Stage Apr 12, 2026

Paddington: The Musical Dominates Olivier Awards with Seven Prizes

Paddington: The Musical won seven awards at the Olivier Awards, including Best New Musical, Best Ac…
Paddington: The Musical was the big winner at the Olivier Awards, taking home seven prizes, including Best New Musical. The show, which features music and lyrics by Tom Fletcher and a book by Jessica Swale, dominated the ceremony at the Royal Albert Hall in London.The duo who play Paddington, James Hameed and Arti Shah, won Best Actor in a Musical for their performances. The show's baddies, Tom Edden and Victoria Hamilton-Barritt, also won awards for Best Supporting Actor and Best Supporting Actress in a musical, respectively. Luke Sheppard was named Best Director for the production, which also picked up awards for Costume Design and Set Design.The ceremony was hosted by Nick Mohammed, who joked about being asked how he got the gig. Performances on stage included stars like Rachel Zegler, who won Best Actress in a Musical for Evita, and Fabian Aloise, who won Best Theatre Choreographer for Evita.Rosamund Pike won Best Actress for her performance in Inter Alia, while Paapa Essiedu won Best Supporting Actor for All My Sons. The awards also recognized regional theatre triumphs, including Kenrex and Punch.The Olivier Awards, overseen by the Society of London Theatre, celebrate the best in London theatre productions. This year's ceremony marked the 50th anniversary of the awards.
#best #musical #theatre
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World Economy Apr 12, 2026

European EV Interest Soars Over 50% as Iran Conflict Triggers Record Petrol Price Spike

The Iran war has driven petrol prices to historic highs across Europe, prompting a sharp rise in el…
Since the outbreak of the Iran conflict in February, European car shoppers have turned sharply toward electric vehicles (EVs), spurred by a rapid climb in petrol costs that has made plug‑in power appear markedly cheaper. Major online marketplaces report a pronounced uptick in EV interest. Germany’s leading platform, Mobile.de, recorded a greater‑than‑50% increase in electric‑car inquiries in March compared with February, while demand for petrol and diesel models fell during the same period. Hybrid queries edged up only 4%. In the United Kingdom, Spain and Germany, the buyer‑matching service Carwow logged 20%‑30% growth in EV inquiries between February and March, with the UK alone seeing a 23% rise in electric demand and a 19% jump for hybrids. French marketplace La Centrale observed a staggering 160% surge in EV searches from early March to early April, underscoring how sensitive drivers are to energy‑price volatility. AutoScout24, operating across Germany, Austria and Italy, noted that demand for electric cars climbed by roughly 40%, while interest in petrol and diesel vehicles remained flat or declined. Official registration data reinforce the trend. The Society of Motor Manufacturers and Traders (SMMT) reported that March battery‑electric registrations hit 86,120 units—a 24.2% year‑on‑year increase** and a record high for the month. Industry insiders attribute the shift to a combination of soaring fuel costs and supportive policy measures. In Germany, diesel prices have reached **€2.50 per litre**, and the government’s **€6,000 purchase subsidy** for electric cars further narrows the cost gap. "What the German energy transition couldn’t achieve, the economic reality has delivered," said Ajay Bhatia, CEO of Mobile.de, highlighting how market forces are now driving the zero‑emission push. Volkswagen’s ID.3 emerged as the most popular battery model, benefitting from both the subsidy and heightened consumer awareness. Nevertheless, experts caution that the surge may be partly transitory. Mobile.de’s Bhatia predicts the spike will settle at "a new, higher normal," while Autotrader’s Ian Plummer notes that previous fuel‑price spikes did not translate into lasting EV adoption, emphasizing the need for continued confidence in vehicle range and charging infrastructure. Guillaume‑Henri Blanchet of La Centrale added that the crisis has given many drivers their first real sense of total‑cost‑of‑ownership, making them more willing to accept higher upfront prices for lower long‑term operating costs. As Europe grapples with the dual pressures of geopolitical tension and energy inflation, the automotive market appears poised for a structural shift toward electrification, though the durability of this momentum remains to be fully seen.
#electric #car #prices
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Sport Apr 12, 2026

Sergio García gets code‑of‑conduct warning after club‑break episode at the Masters and assists Jon Rahm on the course

The 2017 Masters champion Sergio García was warned by officials after smashing his club on the seco…
Sergio García, the 2017 Masters winner, made the cut at Augusta National but saw his weekend marred by a heated outburst on the second hole. After a mis‑hit tee shot, he struck his club into the ground, snapped off its head, and tossed it into a nearby cooler.Masters officials responded swiftly, issuing García a code‑of‑conduct warning. Under tournament rules, a second breach would add a two‑stroke penalty, while a third could lead to disqualification.In the aftermath of the incident, García stepped in to assist his playing partner Jon Rahm, picking up and carrying Rahm’s clubs while Rahm’s caddie was occupied raking a bunker.The Masters has seen several disciplinary actions this year. Scotland’s Robert MacIntyre received a reprimand for flashing an obscene gesture toward spectators after a wayward shot landed in water.García entered the round 16 shots behind leaders Rory McIlroy and Cameron Young. Although he managed a par on the second hole, he recorded three bogeys in the first four holes, slipping further down the leaderboard.Known for a volatile temperament, García’s latest flare adds to a history of on‑course confrontations: at the 2023 Open Championship he broke his driver after a similar outburst, was disqualified from the 2019 Saudi International for damaging greens, and clashed with officials at the 2022 Wells Fargo Championship before departing the PGA Tour for LIV Golf.
#his #garc #masters
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Business Apr 12, 2026

Luxury Matchboxes Ignite UK Home‑Accessory Market, Prices Soar to £235 Amid Cost‑of‑Living Pressures

UK retailers report a sharp rise in sales of designer matchboxes, with Selfridges seeing a 121% yea…
Designer matchboxes have transformed from a utilitarian item into a coveted home‑accessory, with luxury retailers showcasing collections that command prices up to £235.Selfridges, the high‑end department store chain, says sales of premium matchboxes have jumped 121% year‑on‑year. To meet the surge, the retailer has more than doubled its assortment, now offering over 100 styles priced between £5 and £230, and touts the product as “the must‑have home accessory for 2026”.At the top of the range sits a three‑piece set designed by Cartier, featuring panther‑embellished paper and card tubes that hold 80 matches each and retail for £235.Independent designer Jo Laing, known for ceramic‑topped matchboxes, reports a 60% increase in sales year‑on‑year. Her limited‑edition, reusable boxes now appear in Harrods and are priced at £70, with stock frequently selling out.The matchbox emerged in the late 1800s as a novel advertising canvas, evolving into an unexpected art form that displayed everything from political slogans to commercial branding.While opulent versions in silver, gold and ceramics faded after smoking bans, the recent revival shows the item’s shift from pure function to decorative status.Market analysts suggest the craze reflects tighter household budgets. Consumers, unable to justify expensive candles or décor, are opting for “little treats” that provide a touch of luxury without breaking the bank.Bia Bezamat, cultural insights director at Kantar, notes: “There’s a sustained trend for ‘little treats’ … it’s a response to cost‑of‑living pressures: people want small, affordable pockets of joy to brighten their day.”Claire Dickinson, senior strategist at WGSN Interiors, describes the phenomenon as “the homeware equivalent of the lipstick effect”, where shoppers replace high‑priced luxuries with more modest, yet still indulgent, items. She adds that these matchboxes embody the rise of “beautilities” – practical objects designed to be seen and enjoyed.Henrietta Klug, head of home at Selfridges, says the once‑functional matchbox is “re‑emerging as an object of desire”, now featured on the tables of London’s trend‑setting bars and restaurants.Five of the most expensive matchboxesDebonnaire silver matchbox – £843Diabolo de Cartier graphic‑print matchboxes (set of three) – £225Panthère de Cartier graphic‑print matchboxes (set of three) – £235Jo Laing ceramic moon matchbox – £70Refill for L’Objet matchbox – £25
#Selfridges #UK home accessory market #luxury matchboxes
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Politics Apr 11, 2026

Libya Unites with First Unified Budget in Over a Decade

Libya's rival legislative bodies have approved a unified state budget for the first time in over a …
Libya has taken a significant step towards economic stability with the approval of its first unified budget in over a decade. The Central Bank of Libya confirmed that both the eastern-based House of Representatives (HoR) and the Tripoli-based High Council of State have endorsed the budget. This development is seen as a rare moment of cooperation in a country divided by conflict since the 2014 civil war. The unified budget was signed in the capital, Tripoli, where the internationally recognized Government of National Unity is based under Prime Minister Abdul Hamid Dbeibah. Governor Naji Issa described the agreement as a 'clear declaration that Libya is capable of overcoming its differences when a unified vision for its future is forged.' Libya has remained split since the 2014 civil war, which created rival administrations in the east and west. The last time the country operated under a single national budget was in 2013. The deal brings together institutions that have long competed for authority, with representatives from both sides signing the agreement. Despite this breakthrough, political divisions remain entrenched. In the east, forces loyal to Khalifa Haftar maintain control over large parts of the country, including key oil-producing regions. The timing of the agreement is significant, given Libya's growing importance in global energy markets. Demand for its crude has increased amid disruptions linked to the Israel-US war on Iran and the blockade of the Strait of Hormuz. Libya's geographic position offers a critical advantage, as oil shipments from its ports reach European refineries quickly and avoid the risks associated with Gulf routes. Its light, sweet crude also meets the needs of European refiners facing ongoing supply challenges. This development signals a shift towards more formal cooperation, even as Libya's political fragmentation persists.
#Libya #House of Representatives #Government of National Unity
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