UK economic growth in February better than forecast before Iran war The ONS said gross domestic product grew by 0.5% month-on-month in February following upwardly revised growth of 0.1% in January. Evening Standard · Apr 16
Donald Trump's Iran war threatens to torpedo London's economic uplift, warn business chiefs The latest GDP figure shows an unexpected boost to growth before the Iran war kicked off Evening Standard · Apr 16
Thursday briefing: What it will take for Britain to break up with natural gas In today’s newsletter: The economic fortunes of the UK are intertwined with the price of the costly fuel – so why are we so slow to ditch it? The Guardian - UK · Apr 16
IMF chief Georgieva warns ‘everyone will feel the impact’ of energy price shock, as UK growth beats forecasts – as it happened There will be flight cancellations ‘soon’ if oil supplies are not restored in coming weeks, says head of IEA The Guardian - UK · Apr 16
Gunfire reported in Beirut as truce comes into effect – as it happened This blog is now closed The Guardian - AU · Apr 16
The Latest: Pakistan’s army chief to meet Iranian officials in Tehran to push new US-Iran talks Pakistan’s army chief is meeting with Iranian officials in Tehran to ease Middle East tensions and arrange U.S.-Iran negotiations The Independent UK · Apr 16
Iran war sparks EU proposal to reduce tax on electricity and encourage green transition Electricity is taxed far higher than fossil fuels. Could a new EU proposal finally reverse this? Euronews · Apr 16
France prepares for terror attack hitting London amid Donald Trump Iran war tensions Exclusive: Special agents from the Paris-based Crisis and Support Centre could be flown over to Britain to help French diplomats deal with a major incident in London Evening Standard · Apr 16
Oil prices drop below $95 and Asian stocks hit record highs as Iran peace deal hopes grow Brent crude opens 0.4 per cent lower at $94.55 a barrel after reports Iran could consider allowing ships to sail freely through the Omani side of Strait of Hormuz The Independent UK · Apr 16
Iran-US war latest: Trump calls it a ‘historic day’ as ceasefire between Israel and Lebanon comes into effect The truce follows a heavy bombing campaign by Israel against targets it says are linked to Hezbollah The Independent UK · Apr 16
Asian stocks mostly higher after Wall Street hits record and oil steadies Asian stocks are mostly higher and oil prices have steadied over expectations of an extension of a ceasefire in the Iran war and more talks between the U.S. and Iran The Independent UK · Apr 16
US blockade: No Iranian ship allowed to cross Strait of Hormuz in last three days, 10 sent back The US military on Thursday said it had turned back 10 vessels attempting to leave Iranian ports during the first 48 hours of its naval blockade, even as maritime tracking data suggested some ships may have initially crossed the Strait of Hormuz. The Times of India · Apr 16
Pentagon approaches US automakers to help make weapons as wars deplete stocks, report claims The reported outreach effort is reminiscent of how the major Detroit automakers helped produce armaments during WWII The Independent UK · Apr 16
The Independent UK · Apr 16 Trump’s ‘favourite field marshal’ Asim Munir arrives in Tehran to revive US-Iran peace talks Pakistan is seeking to host the second round of peace talks before the fragile ceasefire expires next week
The Times of India · Apr 16 'We will use force': New audio captures US Navy's final warning to ships entering & departing Iranian ports amid blockade The United States Central Command (CENTCOM) on Wednesday released an audio message of US naval forces warning vessels against attempting to breach its ongoing blockade of Iranian ports.
The Independent UK · Apr 16 China's economy grows at 5% in first quarter, shrugging off initial impact of Iran war China’s economy accelerated in the first quarter of this year, expanding 5% from a year earlier as it largely shrugged off impacts from the Iran war so far
AAP · Apr 16 Aussie hits four-year high as banks, miners drag shares The Australian dollar is trading at multi-year highs as signs of de-escalation support the global growth outlook, but the optimism has not extended to shares.
The Guardian - US · Apr 16 Democrats file articles of impeachment against Hegseth for ‘high crimes and misdemeanors’ Accusations refer to attack on Iran without congressional authorization and strikes on alleged drug smuggling boats
The Times of India · Apr 16 US Senate Republicans reject effort to halt Trump's Iran war US Senate Democrats are increasingly divided over arms sales to Israel, with over three dozen backing Bernie Sanders' resolution to halt them. Citing Prime Minister Netanyahu's "reckless decisions" and the expanded conflict, some Democrats shifted their stance. Despite bipartisan opposition, the measures were ultimately rejected, highlighting a growing internal party…
The Conversation · Apr 16 What is the 25th Amendment and could it be used to remove Trump from office? US President Donald Trump’s recent intemperate exchanges with the pope, his depiction of himself as a Christ-like figure and his threat to wipe out the civilisation of Iran have raised questions about his mental capacity to carry out his job.
The Conversation · Apr 16 Iran has a powerful new tool in the Strait of Hormuz that it can leverage long after the war The Trump administration claims its blockade of the Strait of Hormuz is working, with nine ships complying with orders to turn around.
AAP · Apr 16 Australia joins calls for Iran ceasefire to be upheld A dozen finance ministers have signed a joint statement calling on the US, Israel and Iran to implement the ceasefire in full as the global economy teeters.
The Times of India · Apr 16 'Forces continue to strike Hezbollah': Netanyahu amid Lebanon talks; claims US-Israel have 'identical goals' on Iran Israeli Prime Minister Benjamin Netanyahu on Wednesday said Israeli forces "continue to strike" Hezbollah in southern Lebanon even as negotiations are under way to secure long-term peace.
The Conversation · Apr 16 The Middle East crisis has exposed NZ to a global fertiliser shock. Where is its plan? New Zealand and Australia like to think of themselves as food powerhouses.