UK house prices fall for third successive month amid Iran war uncertainty
Unexpected monthly drop of 0.1% in May leaves price of typical home at £298,806, says lender HalifaxBusiness live – latest updatesUK house prices fell unexpectedly in May as rising mortgage rates fuelled by the war in Iran affected affordability and homebuyer demand.The average price of a typical UK home fell by 0.1% in May to £298,806 compared with April, the third consecutive monthly drop recorded by the lender Halifax. Analysts had been expecting a return to growth, with a consensus of a 0.1% rise forecast for May. The monthly drop followed falls of 0.1% in April and 0.5% in March. Continue reading...
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Strait of Hormuz: Time running out to avert global food security crisis, FAO warns - Blueprint Newspapers Limited
• The Food and Agriculture Organization (FAO) warned that urgent action is needed to prevent a global food security crisis caused by disruptions in the Strait of Hormuz. • FAO Director-General Qu Dongyan met with Spanish Prime Minister Pedro Sánchez, WFP Executive Director Cindy McCain, and IFAD President Alvaro Lario in Rome to address these risks.
Read original · blueprint.ngWEF: Strait of Hormuz emerges as a new threat to the global economy
• The World Economic Forum’s (WEF) May Chief Economists’ Outlook warns that disruptions in the Strait of Hormuz and Middle East conflicts are severely damaging global economic prospects. • The report highlights a period of heightened uncertainty driven by geopolitical tensions, persistent inflationary pressures, and the ongoing restructuring of global supply chains.
Read original · qazinform.com
QazinformFrom food lines in Somalia to clinics in Afghanistan, Hormuz crisis sends shockwaves through global aid networks
• A geopolitical crisis in the Middle East that began on February 28 has evolved into a global food security emergency, causing rising hunger in Africa and medical shortages in Afghanistan. • Disruptions in the Strait of Hormuz, which previously handled roughly 20% of global oil shipments, have spiked crude oil prices and increased transport and supply chain costs.
Read original · news.un.org
UN NewsPeer ‘shocked’ that watchdog had not established Andrew’s property income
Margaret Hodge concerned over use of taxpayers’ money after revelations about former prince’s sublettingUK politics live – latest updatesA former chair of an influential parliamentary committee said it was “shocking” that the public spending watchdog had not established Andrew Mountbatten-Windsor’s income from subletting properties.Dame Margaret Hodge, who previously led the public accounts committee told BBC Radio 4’s Today programme she was “very concerned” that the National Audit Office (NAO) was not able to find how much money the former prince had made from letting properties. Continue reading...
Read original · theguardian.comWilliam Hill owner agrees £243m takeover by Greek casino and lottery firm
Evoke had been in talks for two months with Bally’s Intralot, which has extensive international operationsThe owner of William Hill and the 888 online casino brand has agreed a £243m takeover by the Greek casino and lottery operator Bally’s Intralot.Evoke has been locked in talks with the Athens-listed Bally’s Intralot, which has extensive international operations including in the US, for the past two months. Continue reading...
Read original · theguardian.comOne Nation, six farcical explanations and no clearer understanding of its housing policy
Hanson’s party is leading in the polls, but it has a long way to go before being recognised as a serious political outfitGet our breaking news email, free app or daily news podcastWhen sent out to do a cleanup job, it usually helps to not make the mess even worse.It took One Nation six separate attempts over nearly 24 hours to clarify the basic details of their policy on foreign ownership of housing. Between Thursday night and Friday afternoon, the story turned from bizarre to farcical, with attempts to clarify the policy just making the situation murkier as Australians watched:a Barnaby Joyce interview;a quick do-over on Sky News on Thursday;a Pauline Hanson social media update on Friday morning;a Sean Bell interview, again on Sky, on Friday;and then a 2GB spot;before a written press release from Bell on Friday afternoon Continue reading...
Read original · theguardian.comNo 10 says Starmer ‘will not walk away’ if Burnham officially enters Labour leadership contest - UK politics live
Downing Street responded after Andy Burnham publicly admitted that he would consider launching a bid to become Labour leader‘I wouldn’t flinch’: Burnham on social care, markets, Brexit – and the prospect of a general electionHello and welcome to our UK politics blog.David Lammy has come out in support of the prime minister, saying Keir Starmer would fight in a leadership contest after Andy Burnham said he would join one if elected an MP. Continue reading...
Read original · theguardian.com‘Family values’ African charter condemned by rights groups as regressive and dangerous
Draft treaty claims sexual and reproductive health and rights are an existential threat to the African familyAn African treaty that rejects longstanding international human rights obligations moved a step closer to becoming policy this week as governments across the continent met in Ghana.The draft African charter on family, sovereignty and values, seen by the Guardian, asserts that African values and culture are under attack from “foreign ideologies” and urges states to withdraw from any agreements that do not align with the principles of the charter, including the 2003 Maputo protocol, which promotes gender equality and protects the reproductive and health rights of women and girls. Continue reading...
Read original · theguardian.comWoman illegally strip-searched by police ‘reasonably thought’ officers would call her a liar, judge says
NSW seeking leave to appeal against successful class action including aggravated damages of $20,000 awarded to woman strip-searched at music festivalGet our breaking news email, free app or daily news podcastThe woman awarded $93,000 after an illegal strip-search by NSW police thought until “just before” the trial that she would be called a liar in the proceedings by the officers who conducted the search. This was despite the officers submitting statements 12 months before her appearance that they had no recollection of the woman or the search, a court was told on Friday.Lawyers acting for the woman, Raya Meredith, and 6,000 music festivalgoers appeared before the NSW court of appeal on Friday in the final day of a two-day hearing where NSW is seeking leave to appeal after losing a class action over unlawful strip-searches conducted at music festivals between 2018 and 2022. Continue reading...
Read original · theguardian.comANU scandals during Julie Bishop’s tenure caused $100m in reputational damage, university estimates
Interim vice-chancellor tells senate estimates of ‘very significant’ effect on donor pipeline and enrolmentsFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastA series of high profile scandals and governance failures has cost the Australian National University $100m in reputational damage, the interim vice-chancellor, Rebekah Brown, has told a parliamentary committee.Fronting senate estimates on Friday – a day after a scathing audit report found the ANU approved a controversial $250m cost-cutting program without clear evidence – Brown acknowledged it had been a challenging time for the university. Continue reading...
Read original · theguardian.comUS government criticises ‘two-tier’ UK policing after Henry Nowak murder
State department warns of ‘ideological conditioning’ in message of condolence to family of murdered studentThe US state department has criticised “two-tiered policing” in Britain in a message of condolence to the family of the murder victim Henry Nowak in a thinly veiled rebuke of the UK government.The 18-year-old student’s murder has been claimed by some as evidence of two-tier policing in the UK – the argument that some groups of people are dealt with more harshly than others for ideological reasons. Continue reading...
Read original · theguardian.com