Meta reportedly plans sweeping layoffs as AI costs increase

• Estonia has formally warned Russia against aggressive actions in the Baltic region and pledged a military response to any violations. • The Baltic nation reaffirmed its commitment to NATO defense protocols and regional security frameworks. • The warning reflects heightened tensions between NATO members and Russia along Eastern European borders.

• Somalia announced plans for historic oil drilling operations, marking a significant economic development for the Horn of Africa nation. • The initiative carries substantial geopolitical weight as it could reshape regional influence and resource control in East Africa. • Industry analysts view the project as transformative for Somalia's economy and a potential catalyst for regional stability or tension.

• Oil prices spiked sharply as geopolitical tensions escalated between Iran and the United States following military confrontations. • The U.S. dollar recovered against major currencies as investors sought safe-haven assets amid rising uncertainty. • Energy markets remain volatile with traders closely monitoring developments in Middle East tensions and their impact on global supply chains.

• The U.S. has initiated measures to secure Venezuela's gold reserves as American geopolitical influence in the region intensifies. • The effort reflects Washington's strategy to expand economic leverage and control over Venezuelan assets during the nation's ongoing political and economic crisis. • The move signals escalating U.S. intervention in Venezuela's internal affairs with significant implications for regional power dynamics.

• Recent geopolitical tensions are fundamentally altering maritime shipping routes for energy commodities worldwide. • Energy shipping companies are implementing agile strategies to navigate heightened tensions and supply chain disruptions. • The shift in maritime logistics has broader implications for global energy prices and international trade networks.

• A US fighter jet was shot down over Iran as military tensions between Washington and Tehran intensify dramatically. • The incident marks a significant escalation in direct military confrontation between the two nations amid ongoing threats and counter-threats. • US forces have deployed advanced long-range missile systems in response, positioning for potential large-scale operations.

While path and strength of storm remain uncertain, BoM warns Cape York could again take direct hit if cyclone makes landfallGet our breaking news email, free app or daily news podcastAnother cyclone may hit the Queensland coast less than three weeks after the same area was smashed by Severe Tropical Cyclone Narelle, the Bureau of Meteorology says.But a meteorologist warned forecasts predicting the path and strength of Severe Tropical Cyclone Maila remained uncertain, with the storm likely to make landfall over the weekend. Continue reading...

Energy minister Chris Bowen says 3.4% of Australia’s service stations had no diesel, as of Monday, after wholesale prices surgedTrack Australia’s fuel prices, service station outages and shipments in chartsGet our breaking news email, free app or daily news podcastDiesel users in Australia are not enjoying the same relief as unleaded customers, with one in 30 service stations still entirely out of diesel and prices rising again after an initial slump last week.But while the energy minister, Chris Bowen, urged Australians not to participate in a social media trend where people claim to be filling up their fuel tanks with cooking oil, he said the government was keen to support the development of biofuels like biodiesel from fats and vegetable oils. Continue reading...

How much fuel does Australia have left today, and when could we run out? Check how much petrol and diesel prices have risen near you in Sydney, Melbourne and across the country since the US and Israel’s war on Iran began in late FebruaryGet our breaking news email, free app or daily news podcastHundreds of service stations across Australia have run empty, fuel prices are elevated and oil shipments have been cancelled.Australia is battling a fuel crisis as Iran’s closure of the strait of Hormuz continues to bite. The federal government has released fuel reserves, cut fuel excise taxes and rolled out a national fuel security plan. Continue reading...

Three-day search effort ends after 65-year-old disappeared near Innamincka in remote north-eastern South Australia on Easter SaturdayGet our breaking news email, free app or daily news podcastPolice have found the body of a 65-year-old man who was swept into flood waters in South Australia’s far north.The man – identified only as Tony by South Australia police – disappeared about 12.30pm on Saturday, sparking a three-day search effort. Continue reading...

More than half of NHS trusts have cap on availability of products, forcing patients to pay for products themselvesMillions of people across the UK living with incontinence are facing shortages of sanitary products due to supplies being rationed by NHS trusts, according to a coalition of charities.The shortages are leading to a “pad gap” where people are having to pay for incontinence products themselves, according to an open letter from organisations including the Royal College of Nursing, Prostate Cancer UK, and Bowel and Bladder UK. Continue reading...

Even if motorists can provide evidence they’ve paid for parking, they are threatened with bailiffs and courtDrivers have accused a leading car park management company of issuing “false” parking fines – leaving one mother to defend herself from multiple debt collection agencies sent by the company.Jane Winder says she was sent letters from five different debt collection agencies each asking her to pay £170 after she was accused of not purchasing a £2.30 parking ticket at a car park in Lancashire managed by Euro Car Parks. Continue reading...