Car finance payouts could be delayed by years over legal challenges, says FCA
Complaints-led approach could pile £6bn of extra costs on to lenders, says City watchdogBusiness live – latest updatesThe City watchdog has warned that a wave of legal challenges to the compensation scheme for victims of the motor finance scandal could leave drivers waiting three more years for payouts, while piling £6bn of extra costs on to lenders.Bosses at the Financial Conduct Authority (FCA), who have consistently hit out at lenders and a consumer claims group for challenging its scheme, told MPs the scandal could affect lenders for years, and have “consequences” by stretching its resources. Continue reading...
Sources & Citations
1 sourceMore Stories
Geopolitical Risk and Financial Stability | Bulletin – June 2026
• Geopolitical risk is emerging as a critical factor influencing global financial stability, as detailed in the June 2026 Bulletin. • These risks extend to organizational capacity, specifically threatening the stability of offshore teams and third-party service providers.
Read original · rba.gov.au
Reserve Bank of AustraliaIEP - Record Conflicts Drive Peace to Historic Low as AI warfare surges
• The Institute for Economics & Peace (IEP) released the 2026 Global Peace Index (GPI), reporting that global peace has reached a historic low. • This decline is attributed to the "Great Fragmentation," a geopolitical shift where middle powers are gaining influence while traditional European powers lose strength.
Read original · prnewswire.comState conflicts hit record high in 2025: PRIO - Pakistan Today
• A study by the Peace Research Institute Oslo (PRIO) reports that the world recorded 65 state-based conflicts in 2025, marking the highest number since 1946. • The report highlights a steep increase in civilian deaths globally, with the conflict in Sudan accounting for a significant portion of the rise.
Read original · pakistantoday.com.pk
Pakistan TodayIEP - Rekordkonflikte treiben den Frieden auf ein historisches Tief, während die KI-Kriegsführung zunimmt
• The Institute for Economics & Peace (IEP) released the 2026 Global Peace Index (GPI), reporting that global peace has reached a historic low. • This decline is driven by a "Great Fragmentation," characterized by the rising influence of middle powers and the diminishing strength of traditional European powers.
Read original · prnewswire.com100 days after the attacks on Iran: who is paying, who is profiting, and what needs to happen - Greenpeace International
• One hundred days after the U.S. and Israel initiated military actions against Iran, civilians across the Middle East are facing severe hardships, including bombings, blackouts, and water shortages. • The conflict has triggered global economic instability, resulting in increased costs for food, transport, and fuel for populations worldwide.
Read original · greenpeace.org
GreenpeaceWorld conflicts hit peak in 2025: report
• A Norwegian study released on Tuesday reports that the number of state conflicts reached its highest level since the Second World War in 2025. • The report highlights a concerning surge in attacks specifically targeting civilian populations.
Read original · hindustantimes.com
Hindustan TimesConflicts on rise globally, highest level since WWII, data shows
• Global conflicts have surged to their highest levels since World War II, according to data from Sweden's Uppsala Conflict Data Program (UCDP). • Senior analyst Shawn Davies notes a significant increase in interstate wars, which had previously been relatively rare for a long period.
Read original · wyso.orgIEP - Record Conflicts Drive Peace to Historic Low as AI warfare surges - Thailand Business News
• The Institute for Economics & Peace (IEP) released the 2026 Global Peace Index on June 9, 2026, reporting that global peace has reached a historic low. • This decline is attributed to a record number of interconnected conflicts and a "Great Fragmentation" caused by the rising influence of middle powers and the waning strength of traditional European powers.
Read original · thailand-business-news.comDocuments reveal concerns over US company’s proposed gas fracking in WA’s Kimberley region
Federal environment department says Black Mountain Energy has provided insufficient data as it seeks to drill 20 gas wells in part of world’s largest tropical savannaGet our breaking news email, free app or daily news podcastThe federal government has repeatedly raised concerns about an American company’s bid to frack for gas in Western Australia’s Kimberley region, part of the world’s largest and most intact tropical savanna.Texas-based Black Mountain Energy, through its subsidiary Bennett Resources, is seeking federal approval to drill 20 gas wells for its Valhalla project west of Fitzroy Crossing. Continue reading...
Read original · theguardian.comRich countries do better in women’s football but understanding why matters, not just for the Matildas
‘Gender norms explain some of it, but not all of it’ says Tiya Banerjee, an economist at the e61 InstituteGet our breaking news email, free app or daily news podcastIn about a week’s time, the Socceroos will step up against Turkey, their first opponents in this year’s World Cup.Winning their first match will be a big ask; progressing beyond the first round will be a bigger one. Continue reading...
Read original · theguardian.com‘Osprey cam’ streams life of nesting seabirds perched at tip of 55 metre-long Queensland rainforest canopy crane
Researchers believe the same pair of birds have been mating and nesting in the unusual spot in the Daintree Rainforest for 15 consecutive yearsGet our breaking news email, free app or daily news podcastIt started by chance – but it should have come as no surprise that two ospreys would pick a hi-tech research facility to make their home.James Cook University’s 47-metre tall crane towers over the far-north Queensland rainforest canopy, making it the perfect nesting place for the seabird. Continue reading...
Read original · theguardian.comTrump claims US fuel prices ‘not very high’ as costs surge amid Iran war
National average gas price stands at about $4.16 per gallon as Americans grapple with price hikes sparked by the warDonald Trump has claimed US fuel prices are “not very high, relatively speaking” as his administration grapples with affordability concerns after the surge in costs sparked by his war on Iran.The national average gas price stood at about $4.16 per gallon on Tuesday, according to AAA – $0.37 lower than a month ago, but still about $1 more expensive than the same time last year. Continue reading...
Read original · theguardian.com