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Reserve Bank of Australia raises rates for third consecutive meeting, lifting them to early-2025 levels Follow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastThe Reserve Bank has delivered a third straight interest rate hike, as it seeks to head off the inflationary threat from higher fuel prices linked to the ongoing US-Israel war on Iran.A week out from what the treasurer, Jim Chalmers, is simultaneously calling his most ambitious and responsible budget yet, the widely anticipated decision to increase the cash rate to 4.35% from 4.1% comes amid growing worries about the economic fallout from the Middle East conflict. Continue reading...

While interest rate rises can’t affect the surging price of oil caused by Middle East turmoil, they are still the Reserve Bank’s best – and only – tool to fight inflationFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastOne economist is calling it the “Hormuz hike”.There’s a nearly 80% chance that the Reserve Bank will deliver a third straight interest rate rise on Tuesday, according to financial markets.Patrick Commins is Guardian Australia’s economics editor Continue reading...

Experts estimate ‘accounting of the harm that was done’ by 200 years of chattel slavery would be US$2tn in damagesBritain stole 25 million years of life and labour through slavery in Barbados, according to new research by a team of international experts.Their report concludes that Barbados’s population of African descent have suffered damages estimated at up to US$2tn (£1.5tn) from 200 years of chattel slavery. Continue reading...

Exclusive: 839,000 homes in urban areas face threat of surface-water flooding, with social housing tenants most vulnerable to costsEight in 10 of the homes that are at high risk of flooding in England are now in towns and cities, according to analysis by the National Housing Federation (NHF), which said social housing tenants are disproportionately vulnerable to the financial cost.Research found that 839,000 homes in urban areas are now classed as being at high risk of surface water flooding, a threefold increase since 2018. Continue reading...

• The Kansas City Chiefs secured All-Pro cornerback Marcus Peters with a three-year contract extension worth $45 million, keeping their secondary anchor through 2029. • Peters recorded 8 interceptions and 22 passes defensed last season, maintaining his elite performance level at age 31. • The move solidifies Kansas City's defense ahead of the 2026 NFL season after their Super Bowl LXII victory last February.

• The New England Patriots selected USC quarterback Caleb Williams with the first overall pick of the 2026 NFL Draft, beginning their franchise rebuild. • Williams threw for 4,200 yards and 38 touchdowns in his final college season while completing 72% of his passes. • Patriots head coach Bill Belichick emphasized Williams' arm strength, decision-making, and leadership qualities in the selection.

Marcos Orellana, a special rapporteur, found lax environmental standards and lack of oversight allowed pollution to accumulateMexico is facing a “toxic crisis” and has become a “garbage sink” for the US, exposing Mexican communities to dangerous pollution, a UN expert has warned.In an interview with the Guardian and Quinto Elemento Lab, an investigative outlet, Marcos Orellana, an environmental specialist, said pollutants ranging from imported waste to dangerous pesticides are affecting people’s right to live healthy lives. Continue reading...

• The Supreme Court heard oral arguments on Wednesday, April 1, 2026, in Trump v. Barbara, a case challenging the constitutionality of birthright citizenship under the 14th Amendment. • President Donald Trump attended the arguments in person, making him the first sitting president to observe Supreme Court oral arguments, according to historians cited by Politico. • The case centers on Trump's executive order on birthright citizenship, with the Court expected to issue a ruling later in the term that could fundamentally alter citizenship eligibility in the United States.