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World Economy Mar 25, 2026

Iran Assures 'Non-Hostile' Ships Safe Passage Through Strait of Hormuz

Iran has announced that 'non-hostile' ships can safely transit the Strait of Hormuz, a critical wat…
Iran has assured that 'non-hostile' vessels can safely pass through the Strait of Hormuz, a vital shipping route for about one-fifth of the world's oil and liquified natural gas supplies. The assurance comes amid a significant collapse in maritime traffic through the strait, which has contributed to a major global energy crisis.In a statement released through its mission to the United Nations, Iran specified that ships would be allowed to transit the strait 'provided that they neither participate in nor support acts of aggression against Iran and fully comply with the declared safety and security regulations.'The development follows a sharp decline in shipping traffic through the strait, with only about 5 vessels passing through daily, compared to an average of 120 daily transits before the US-Israel conflict began. This reduction has led to a surge in global energy prices, with Brent crude experiencing significant fluctuations.Iran's statement also mentioned that ships will be allowed to transit 'in coordination with the competent Iranian authorities.' The country has shared similar assurances with the International Maritime Organization (IMO), the UN body responsible for international shipping safety and security.The move comes as US President Donald Trump mentioned ongoing negotiations to end the conflict with Iran, despite Tehran's previous denials of talks. The situation remains complex, with global markets closely watching for any signs of resolution.
#iran #strait #list
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Politics Mar 25, 2026

UK's Overseas Aid Cuts: A Blow to Global Stability and Britain's Interests

The UK government's decision to cut overseas aid to Africa and the Middle East has sparked criticis…
The UK government's recent announcement to make significant cuts to direct aid to Africa and the Middle East has been met with deep disappointment. This move is seen as a moral dereliction of duty, betraying the world's most marginalised, and a false economy that will bring greater instability to the world and make people less safe. The cut in aid to 0.3% of gross national income (GNI) from 2027 breaks Labour's 2024 manifesto pledge to restore development spending at the level of 0.7% of GNI “as soon as fiscal circumstances allow”. The UK is making the steepest proportion of aid cuts among G7 nations. As James Mattis, Donald Trump's defence secretary, once said: “If you don’t fund the state department fully, then I need to buy more ammunition ultimately.” This highlights the shortsightedness of cutting aid, which could lead to more conflict, famine, and persecution. The UK itself benefits materially from these investments. The recent inquiry by the all-party parliamentary group on global health and security on international health worker recruitment highlights the extent to which the NHS and wider economy rely on the skills, expertise, and partnerships rooted in the global south. The UK has saved £14bn in training costs through international recruitment and continues to depend on globally trained health professionals. Investment in global vaccination, disease surveillance, and research helps stop outbreaks before they spread internationally and place pressure on health systems. Preventing disease at source is one of the smartest investments we can make to protect patients in Britain. The situation in Somalia, on the edge of famine, underscores the importance of sustained investment in global development. Two consecutive failed rainy seasons have left 6.5 million people in crisis, more than double the number a year ago. The UK's humanitarian relief in Somalia is welcome, but the scrapping of nature funding and cuts to climate aid risk compromising its own strategy of preventing crisis before it takes hold.
#UK Department for International Development #World Bank #African Union
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Technology Mar 25, 2026

Meta and YouTube Found Liable for Designing Addictive Products that Harmed Young User

A jury has found Meta and YouTube liable for designing addictive products that harmed a young user,…
A landmark jury verdict has found Meta and YouTube liable for deliberately designing addictive products that harmed a young user, KGM. The jury ruled that the tech companies were both negligent and failed to provide adequate warnings about the potential dangers of their products.The plaintiff, KGM, testified that she became addicted to YouTube at age six and Instagram at nine, which she claimed had deleterious effects on her wellbeing. By age 10, she said she had become depressed and was engaging in self-harm as a result. Her social media use allegedly caused her to have strained relationships with her family and in school.The jury awarded KGM $6m in damages, with Meta to pay 70% and YouTube the remainder. This lawsuit, over social media's alleged harm to young people, was the first of its kind to go to trial.KGM's lawyers argued that the companies' features, such as infinite scrolling and video autoplay, were designed to keep people on the apps and made the products addictive. The plaintiffs' arguments mirrored those brought against big tobacco in the 1990s, focusing on the addictive qualities of social media and the companies' public denial despite knowledge of their products' harms.Meta and YouTube have consistently denied wrongdoing and plan to appeal the verdict. A YouTube spokesperson said the video service was a responsibly built streaming platform, not a social media site. Meta said KGM's mental health issues were brought on by a difficult home life and social media use was not to blame.This trial is the first in a consolidated group of cases brought in California against Meta, TikTok, YouTube, and Snap on behalf of more than 1,600 plaintiffs. The next bellwether case is scheduled to go to trial in July.
#kgm #meta #youtube
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Politics Mar 25, 2026

Global Markets React to Potential Iran Peace Plan

Global stock markets rose and oil prices dipped on hopes of a 15-point peace plan from US President…
Global markets experienced a significant shift as stock markets in Asia and Europe rose following reports that US President Donald Trump had sent a 15-point framework for peace to Iran. This development sparked hopes of a ceasefire in the Middle East, influencing market sentiment. The price of oil, which had fallen by 4% in early trading to below $100 (£75) per barrel of Brent crude, later recovered to approximately $100. This fluctuation was driven by the prospect of an end to the conflict easing the squeeze on oil supply. The straits of Hormuz, a vital shipping lane through which 20% of global oil supplies transit, had been effectively closed by Iran, causing a significant disruption to oil and gas shipments. Iran's announcement that it would permit “non-hostile” ships to pass safely through the strait of Hormuz helped to reopen this crucial waterway. This move, combined with the potential peace plan, contributed to the positive market sentiment. Stock markets in Asia saw notable gains, with Japan’s Nikkei rising by 2.9%, India’s S&P; BSE Sensex almost 2% higher, and Hong Kong’s Hang Seng up by just under 1%. European markets also saw increases, with the FTSE 100 in London up by almost 1%, Germany’s Dax trading 1.6% higher, and France’s Cac 40 climbing by 1.4%. However, Iran’s foreign affairs ministry informed the UN Security Council and the International Maritime Organization that “non-hostile” vessels could pass through the strait, which also poses a risk to global food security due to the disruption of fertiliser supplies. The World Trade Organization warned that this could lead to food price shocks. The conflict's impact on gold prices was also noted, as the metal traditionally seen as a safe haven asset during troubled times experienced a 13% decline to about $4,460 per ounce. Additionally, Larry Fink, CEO of BlackRock, warned that a prolonged conflict could lead to oil prices rising to $150 a barrel, potentially triggering a global recession.
#Donald Trump #Iran #oil prices
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News Mar 25, 2026

Guardian Weekly: Escalating Middle East Conflict Highlights Global Brinkmanship Era

The Guardian Weekly edition of March 27, 2026, focuses on escalating Middle East tensions as the US…
The traditional cold war diplomacy of brinkmanship, characterized by carefully balanced standoffs and rules-based international order, has given way to a world in freefall. This shift is exemplified by the ever-widening conflict in the Gulf where strategic objectives remain as unclear as the potential endpoint of hostilities.Approaching a month since the United States and Israel launched attacks on Iran, the stated objectives of removing the country's nuclear threat and destroying its ballistic missile capability appear increasingly disconnected from the disproportionate impact on civilians and neighboring Gulf nations. Despite these consequences, the Iranian regime's willingness to escalate the conflict shows no signs of diminishing.The Guardian Weekly's coverage examines this critical juncture through multiple perspectives. Patrick Wintour recounts the pivotal week when global tensions reached a tipping point, while Richard Partington analyzes the long-term economic implications of a prolonged conflict, from oil price fluctuations to inflationary pressures and economic growth impacts. From South Lebanon, William Christou reports on healthcare professionals caught in the crossfire of Israeli airstrikes, highlighting the human cost of the escalating violence.Emma Graham-Harrison provides insight from Jerusalem, examining Israeli Prime Minister Benjamin Netanyahu's strategy of attempting to rehabilitate his image through what he frames as destruction of an 'axis of evil.' Meanwhile, Simon Tisdall poses a critical question: when US President Donald Trump eventually seeks to halt the conflict, will any parties be willing to heed his calls for de-escalation?Beyond the primary geopolitical focus, this week's Guardian Weekly edition explores several significant developments across different sectors. The UK political landscape features an examination of the upcoming local elections, where voter sentiment appears increasingly focused on rejecting established parties rather than actively supporting alternatives. The scientific section explores innovative approaches to addressing snoring disorders through CPAP machines, while the culture section features an in-depth interview with Dave Grohl discussing Foo Fighters, personal challenges, and grief following the loss of bandmate Taylor Hawkins.In sports, the publication celebrates the remarkable achievement of British athletes Keely Hodgkinson, Georgia Hunter Bell, and Molly Caudery, who each secured gold medals at the world indoor athletics championships in Poland, showcasing British excellence in track and field events.
#guardian #war #weekly
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Tech Mar 25, 2026

UK Invests Heavily in Quantum Computing Talent with Record Funding

The UK is making a significant investment in quantum computing talent, with a record £1bn procureme…
The UK's ambition in quantum computing is being backed by sustained investment in people and fundamental science, with a focus on building a strong foundation for the sector. UK Research and Innovation (UKRI) has been instrumental in supporting hundreds of academics and building the infrastructure needed for the industry to thrive.In the last 10 years, UKRI's councils have made significant investments in physics research, including support for 100 PhDs in quantum technology launched in 2024, quantum computing industrial doctorate awards, and funding 14 early-career fellows in the last 18 months.The investment is paying off, with the quantum sector showing promising growth and potential to create 100,000 jobs in the next 20 years. The government has signalled its recognition of the opportunities in quantum computing with a further £1bn procurement programme, making the UK one of the most exciting and well-supported places in the world for quantum computing researchers, companies, and students.Prof Charlotte Deane, UK Research and Innovation, highlights that the UK's advantageous position in quantum has emerged through sustained long-term public investment into fundamental physics research projects, and the best people, infrastructure, and partnerships.
#UK Government #Quantum Computing #National Quantum Computing Centre
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Sports Mar 25, 2026

US Runners Led Astray in Half-Marathon Chaos Gain Entry to World Championships

Three US runners who were led off course during the USA Track & Field Half Marathon Championships i…
Three elite runners, Jessica McClain, Emma Grace Hurley, and Ednah Kurgat, who were leading the USA Track & Field Half Marathon Championships in Atlanta earlier this month, were inadvertently led off course by a guide vehicle. This chaotic turn of events resulted in them finishing in ninth, 12th, and 13th place, respectively, more than two minutes behind the winner, Molly Born.The incident deprived them of the top prize of $20,000 and the three qualifying places for the World Road Running Championships. However, USATF announced on Wednesday that World Athletics had granted permission to expand its team from four to seven, allowing McClain, Hurley, and Kurgat to compete in Copenhagen this September.“From the moment this happened, our focus was on doing right by the athletes,” said USATF CEO Max Siegel. “Jessica, Emma Grace, and Ednah had clearly separated themselves in the race and we are sorry they did not get to celebrate their accomplishment by breaking the tape.”The USATF team for the championships will include Born, Carrie Ellwood, and Annie Rodenfels, along with a final athlete determined by the world rankings in May. The team will consist of four “scoring athletes” and three “non-scoring athletes,” with USATF funding prize money for the non-scoring athletes.
#USA Track & Field #Half Marathon Championships #World Road Running Championships
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Video Mar 24, 2026

International Law Implications: Israel, US, and Iran's Actions Under Scrutiny

The article examines potential violations of international law by Israel, the US, and Iran, sparkin…
The recent actions of Israel, the United States, and Iran have raised questions about their adherence to international law, prompting scrutiny from the global community. Allegations of violations have sparked concerns about the potential diplomatic repercussions and impact on global stability.The incident has brought attention to the complex relationships between these nations and the importance of upholding international law. International law experts are closely monitoring the situation, analyzing the implications of these actions on the global stage.The United Nations and other international organizations are likely to play a crucial role in addressing these concerns and promoting diplomatic solutions. As the situation unfolds, the international community will be watching closely to ensure that international law is upheld and that stability is maintained in the region.
#israel #iran #violated
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Business Mar 24, 2026

The Biscoff Effect: How a Belgian Biscuit Became a Global Social Media Phenomenon

This article explores the remarkable journey of Biscoff, a Belgian biscuit brand that transformed f…
Around 15 years ago, Ashley Markle was introduced to a culinary curiosity that would later become a global phenomenon. While staying at her aunt's house, she encountered a small, plastic-wrapped biscuit that would forever change her perception of cookies. What began as an unknown airline snack evolved into one of the fastest-growing biscuit brands in the US, with Markle becoming an unwitting early adopter of what would become a cultural movement.The spiced caramel biscuit, created in 1932 by Belgian company Lotus, has experienced remarkable peaks in popularity over the past decade. From being described as 'crack in a jar' in 2014 to becoming a staple in freakshakes in 2016, the brand has consistently found new ways to capture consumer interest. The pandemic home-baking boom in 2021 propelled Biscoff into social media stardom, with chef Jon Watts demonstrating multiple Biscoff recipes on daytime television.In January 2026, Biscoff experienced another viral surge, particularly on TikTok and Instagram, where users obsessively shared recipes for a 'Japanese cheesecake' featuring the biscuits. Markle, a social media creator specializing in snack recipes, has seen her Biscoff-related content accumulate millions of views, including a cheesecake recipe that garnered over 4 million views and a two-ingredient cookie recipe with 5.6 million views.The phenomenon extends beyond social media. A teacher named Raj developed such an affinity for Biscoff that he purchased multiple boxes, declaring: 'I'd smoke Biscoff if I could.' At his school, colleagues use the biscuits as incentives for students to attend tutoring sessions, demonstrating the brand's cultural penetration.Food industry experts attribute Biscoff's success to several converging trends. Lisa Harris, co-founder of food consultancy Harris and Hayes, explains: 'Biscoff isn't a single trend in itself, more an expression of various converging trends.' The brand taps into nostalgia, accessible indulgence, and versatility, allowing it to appear in everything from drinks to ice cream to desserts.The brand's partnerships with other companies exemplify modern 'collab culture', with Harris noting that products with distinctive flavors often develop a life of their own among consumers. 'Fans run with it and feel as if they have ownership over the product as much as the brand itself does,' she observes.Lotus Bakeries has responded strategically to the social media buzz. The company is removing the Lotus embossing from biscuits, replacing it with the word Biscoff to better resonate with younger shoppers. Niamh Leonard-Bedwell, fast-moving consumer goods editor at The Grocer, notes: 'In the week to January 17, their volume sales were up 30% on the same time last year.'The business impact has been substantial. In its 2025 annual results, Lotus announced a 10% revenue increase, with more than half coming from the Biscoff brand. The company has expanded internationally with factories in the US and Thailand, with founder's grandson Jan Boone declaring: 'We want to conquer the world.'Despite its sweet reputation, Biscoff is venturing into savory territory with recipes like prawns in Biscoff sauce and creamy Biscoff duck breast. However, chef Jon Watts remains skeptical about these applications, preferring the biscuit's traditional uses in desserts and treats.Industry analysts believe Biscoff's universal appeal will sustain its popularity. Unlike divisive trends like matcha, Biscoff offers a 'quite universally likable flavor' that balances novelty with familiarity. As Kiti Soininen of Mintel notes: 'If it's that sort of safe adventure, where it's got that newness, that freshness, but it's pairing that with familiarity – that hits the mark with a lot of people.'Despite growing concerns about ultra-processed foods, Biscoff's traditional positioning may insulate it from criticism. There's a disconnect between how products are classified and consumer intuition, with Soininen observing: 'If my grandmother can have bought this then it can't be truly ultra-processed.'With retailers developing Biscoff-inspired products including porridge, tea, popcorn, and breakfast cereal, the trend shows no signs of abating. As Markle predicts: 'I don't see anybody deciding that they don't like Biscoff any more.'
#Lotus Bakeries #Biscoff #TikTok
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