The financial body cuts its growth forecast for the UK and warns the war threatens to throw the global economy “off course”. ...
Day: April 14, 2026
Why and how is US blockading Iranian ports in Strait of Hormuz?Why and how is US blockading Iranian ports in Strait of Hormuz?
Donald Trump says that the US is blockading the Strait of Hormuz. What does this mean in practice? ...
Former Nato chief warns UK security ‘in peril’ as he accuses Starmer of ‘corrosive complacency’Former Nato chief warns UK security ‘in peril’ as he accuses Starmer of ‘corrosive complacency’
Lord George Robertson, a former Labour defence secretary, will use a speech to accuse “non-military experts in the Treasury” of “vandalism”. ...
We will name police and social workers unless action taken, lawyer for Southport families saysWe will name police and social workers unless action taken, lawyer for Southport families says
Chris Walker says he will name staff from five agencies unless suitable disciplinary action is taken. ...
Households could get free electricity for doing washing on sunny weekendsHouseholds could get free electricity for doing washing on sunny weekends
Providers can encourage people to use energy when “weather conditions result in excess supply”. ...
Cuba says it is open to US oil investmentCuba says it is open to US oil investment
Cuba’s president said he was open to US investment in his country’s oil industry, though he reiterated he would not step down despite Washington’s threats to oust Havana’s communist leadership. Economic conditions in the island nation have deteriorated rapidly since the Trump administration tightened its oil embargo, sparking nationwide blackouts ...
Nigeria seeks IMF, Bank support as war impacts biteNigeria seeks IMF, Bank support as war impacts bite
Nigeria said it would ask the IMF and the World Bank for support, as the effects of the Iran war deepen in Africa’s most populous nation. Nigeria had been on a winning streak before the conflict: It halved annual inflation from a peak of almost 30% while maintaining sturdy economic ...
War’s knock-on effects sink in beyond stocksWar’s knock-on effects sink in beyond stocks
The effects of the Iran war are increasingly being seen in the real economy, not just the stock market. Goldman Sachs warned that it was seeing less enthusiasm for mergers and IPOs from big corporate clients, and that rising commodity prices alongside falling consumer demand were a “headwind.” Other large ...
Xi Jinping warns of global ‘disarray’ over warXi Jinping warns of global ‘disarray’ over war
Chinese leader Xi Jinping said the global order was “crumbling into disarray” as the Iran war takes a toll on the world’s second-largest economy. Xi had so far largely refrained from commenting directly on the conflict, wary of harming ties with Washington ahead of a high-stakes summit with US President ...
Iran, US could meet for talks again this weekIran, US could meet for talks again this week
US and Iranian negotiators could reportedly meet again for talks this week, as a US blockade threatened confrontation in the Strait of Hormuz. Tehran warned that it would strike ports across the Gulf in retaliation for the US embargo on maritime traffic to and from Iranian ports. But the clock ...