Southeast Asia Turns to Russia for Fuel and Fertilizer
Southeast Asian nations are increasingly turning to Russia for oil and fertilizer to plug supply gaps caused by the Middle East conflict, despite EU warnings.
Category : Economy GDP
Why Avalanche Deaths Have Surged in the Alps This Season
Avalanche deaths in the Alps have surged this season, with 146 fatalities. An ex-pro snowboarder and researcher explains the snowpack conditions and human factors behind the increase.
UK Must Avoid AI Dependency on US Tech Giants, Minister Warns
Liz Kendall warns Britain risks being at the mercy of US tech giants in AI, calling for middle-power alliances to build a resilient digital ecosystem.
Albanese Rules Out New Gas Export Tax in Budget
Prime Minister Anthony Albanese confirms no new tax on existing gas export contracts in the upcoming federal budget, criticizing populist campaigns for a levy.
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Critical Minerals 'Oil of 21st Century' Ravages Poor Nations
UN study warns that lithium, cobalt, and nickel extraction is deepening poverty, polluting water, and harming health in vulnerable communities, with demand set to surge.
Homeowners Rush to Save Homes from Coastal Erosion in NC
Rising sea levels and rapid erosion on Hatteras Island force homeowners to move entire houses inland. Over a dozen homes are being relocated as the coastline retreats.
Middle East Conflict Threatens Deals: Latham Boss
Latham & Watkins' London managing partner warns that ongoing Middle East turmoil could stall dealmaking, impacting IPOs and M&A activity in London.
Haleon hit by weak cold and flu season; Sensodyne shines
Haleon reports Q1 sales dip due to weak cold and flu season, but Sensodyne toothpaste drives oral health growth. Shares fall 3%.
728,000 Unaware of £2,200 HMRC Child Trust Fund Payout
Over 728,000 people in the UK are unaware they are eligible for an average £2,240 from forgotten Child Trust Fund accounts. Learn how to claim your cash for free.
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Pension Schemes Bill Becomes Law After Government Concedes
The Pension Schemes Bill will become law after the government backed down on Clause 40, ending a parliamentary deadlock and addressing concerns over mandation power.
Iran Conflict Drives Gold Demand Shift to Record $193bn
Gold demand hit 1,231 tonnes in Q1 2026, up 2% year-on-year, but value surged 74% to $193bn amid geopolitical risks from the Iran war, reshaping investment dynamics.
FTSE 100 to Dip as Oil Holds Over $110, UK Growth Cut
Oil prices remain above $110 amid the Iran conflict, while NIESR slashes UK growth forecast to 0.9% for 2026, prompting potential rate hike in July.
Mentoring: Economic Imperative, Not a Nice-to-Have
John Caudwell argues that mentoring young people is a cost-effective investment with high returns, citing Caudwell Youth's proven outcomes and economic benefits.
AI Could Trigger PPI-Level Scandal in Two Weeks
A new report warns UK finance firms face a 'capability gap' in AI governance, risking a mis-selling scandal like PPI that could unfold in just two weeks.
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Natwest AGM disrupted by climate activists
Natwest faced climate protests at its Edinburgh AGM, with Shareaction campaigning against policy backtracking. HSBC and Barclays may face similar heat as net zero goals waver.
Middle East Crisis May Cost World $1 Trillion
Analysis reveals Middle East oil crisis could cost global economy $1 trillion while oil firms profit, sparking calls for windfall taxes and fossil fuel transition.
Anti-Consumption Tricks That Saved Me Hundreds
A journalist tests anti-consumption strategies like cash stuffing and ditching Amazon Prime, saving hundreds and reducing waste.
Adjusting Finances as Iran War Drives Up UK Living Costs
Rising prices from the Middle East conflict are straining UK household budgets. Share how you're adapting—cutting spending, using savings, or taking on debt.
Readers Debate: Economy Worse Than Post-WW1?
Readers weigh in on financial struggles, comparing today's cost-of-living crisis to post-WW1 hardships, plus debates on politics, Falklands, and more.
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London Must Aim Higher Than Safe Harbour for Fintech
Janine Hirt argues London should pursue ambitious fintech leadership, not just stability, to capitalise on geopolitical shifts and AI transformations.
Global Infrastructure Spending to Hit $150 Trillion by 2050
Global infrastructure spending is projected to surpass $150 trillion by 2050, driven by AI, electrification, and urbanisation, with transport and power leading investment.
EU Faces Record Trade Deficit with China as EV Imports Surge
China's trade surplus with the EU hit $83bn in Q1 2026, driven by soaring Chinese EV sales. Europe accounts for 42% of China's EV exports amid geopolitical tensions.
Severe Storms Threaten 50M in Midwest, Mississippi Valley
Severe storms with tornadoes, hail, and high winds put nearly 50 million at risk across the midwest and Mississippi valley after a deadly weekend in Texas.
Australia's Property Tax Breaks: A Welcome Change?
Saul Eslake argues that proposed changes to capital gains tax discounts for property investors are a welcome reform, reducing speculation and improving housing affordability.
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MacBook Pro M5 Review: Power and Battery Life
Apple's MacBook Pro M5 delivers serious performance with long battery life, featuring M5 Pro/Max chips, mini LED display, and advanced connectivity. A pricey but potent workstation laptop.
BP Profits Double Amid Iran War Oil Surge
BP reports a doubling of profits in Q1 2026, driven by soaring oil prices due to the Iran war. Stock markets react positively despite geopolitical tensions.
WPP Sales Fall 6.6% in Q1, Pressure on Turnaround Plan
WPP's Q1 revenue fell 6.6% to £3bn, with revenue less pass-through costs down over 8%. CEO Cindy Rose cites momentum for Elevate28 plan, aiming for £500m savings by 2028.
FTSE 100 Flat as Oil Edges Higher; Barclays, BP Earnings
Oil prices hit three-week highs near $110 amid stalled Middle East peace talks and US seizure of Iranian-linked tankers. Markets await Barclays and BP earnings.
Australia's Southeast Set for Drier, Hotter Winter as El Niño Looms
Australia's southeast faces a drier, hotter winter as El Niño develops. Queensland and NSW may see below-average rainfall from May to July 2026.
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Torrential Rain in Southern China Sparks Flood Fears
Heavy rain hits southern China, with up to 200mm expected. India faces 45C heat. Nigeria floods, Canada cold snap. Details inside.
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