2 h. ago Netanyahu is playing Trump with his ridiculous Nobel peace prize nomination | Mohamad Bazzi

There’s a cynical logic behind Netanyahu’s publicity stunt: he is exploiting Trump’s need for flattery to prolong Israel’s brutal war on Gaza “Benjamin Netanyahu nominates Donald Trump for Nobel peace prize”– that headline seems to have been pulled straight out of the satirical news outlet the Onion. But it’s 100% real news: the Israeli prime minister who has been indicted by the international criminal court for alleged war crimes in Gaza has proposed the US president, his largest weapons supplier and strongest political backer, as a candidate for the world’s top peacemaking prize.It’s absurd, akin to nominating one’s drug dealer for the Nobel prize in medicine. But there’s a cynical logic behind Netanyahu’s publicity stunt: he is exploiting Trump’s need for flattery to prolong Israel’s brutal war on Gaza and to continue attacking other countries in the Middle East, including Iran, Lebanon and Yemen. Before Netanyahu showed up for dinner at the White House on Monday with a copy of h...

Politics

5 h. ago With the world in crisis, many say end globalisation. I say that would be a mistake | Luiz Inácio Lula da Silva

Terms like ‘deglobalisation’ have become commonplace, but what we need is true multilateralism. Erecting walls won’t bring us peace and prosperityLuiz Inácio Lula da Silva is the president of BrazilThe year 2025 should be a time of celebration, marking eight decades of the United Nations’ existence. But it risks going down in history as the year when the international order built since 1945 collapsed.The cracks had long been visible. Since the invasions of Iraq and Afghanistan, the intervention in Libya and the war in Ukraine, some permanent members of the security council have trivialised the illegal use of force. The failure to act vis-a-vis the genocide in Gaza represents a denial of the most basic values of humanity. The inability to overcome differences is fuelling a new escalation of violence in the Middle East, the latest chapter of which includes the attack on Iran.Luiz Inácio Lula da Silva is the president of BrazilDo you have an opinion on the issues raised in this article...

Events

31 h. ago Bank of England says UK banks can increase riskier mortgage lending – business live

Rolling coverage of the latest economic and financial news, as BoE recommends banks can issue more high loan-to-income level loansCopper prices in US hit record high after Trump announces 50% tariffTrump threatens to escalate trade war amid confusion over new tariff ratesCarsten Menke, Head of Next Generation Research at Julius Baer, says the copper tariffs will be inflationary domestically in the US and deflationary internationally – which matches the price action we’ve seen since last night.Menke also points out that the jump in US copper prices (13% yesterday) is less than the 50% tariff, implying traders expect some imports will be exempt, saying:President Trump announced the imposition of 50% import tariffs at a cabinet meeting yesterday. While US-traded futures jumped on the news, the price differential is well below the tariff level, pointing to expectations of exemptions for key suppliers or expectations of different demand dynamics.As already mentioned, we remain of the con...

Economics

33 h. ago Copper prices in US hit record high after Trump announces 50% tariff

Latest escalation in trade war is expected to push up costs across key parts of US economyBusiness live – latest updatesCopper prices hit a record high in the US after Donald Trump announced he would impose a 50% tariff on the industrial metal, in the latest escalation in his trade war.Trump said before a cabinet meeting on Tuesday: “Today we’re doing copper,” proposing a 50% tariff rate for imports. He also threatened to impose a 200% border tax on pharmaceuticals but in a year or year and a half’s time. Continue reading...

Politics

47 h. ago Trump threatens to escalate trade war amid confusion over new tariff rates

US president announces tariffs of up to 200% on foreign drugs and 50% on copper as he continues to shift plansDonald Trump vowed to further escalate his trade wars on Tuesday, threatening US tariffs of up to 200% on foreign drugs and 50% on copper, amid widespread confusion around his shifting plans.Hours after saying his latest deadline for a new wave of steep duties was “not 100% firm”, the US president declared that “no extensions will be granted” beyond 1 August. Continue reading...

Events

55 h. ago Gaza health system overwhelmed by casualties at aid distributions, says Red Cross – Israel

The ICRC said ‘the scale and frequency of these incidents are without precedent’The IDF has issued a new evacuation order for the Khan Younis area in Gaza, instructing Palestinian who live there to head west as the no-go zone expands.Col Avichay Adraee, the military’s Arabic-language spokesperson, wrote on X: “Due to terror activities in the area, the IDF with its maneuvering troops and intensive firepower is expanding actions in your area.”Physiotherapists support nurses, cleaning and dressing wounds and taking vitals. Cleaners now serve as orderlies, carrying stretchers wherever they are needed. Midwives have stepped into palliative care. Continue reading...

Politics

7 d. ago Ryanair cancels 170 flights due to striking French air traffic controllers

Cancellations on Thursday and Friday impact flights to and from France, but will also affect French overflights

Events

8 d. ago Ryanair cancels more than 800 flights due to conflict in Middle East

On Wednesday, Ryanair said it still operated more than 109,000 flights in total in June.

Events

9 d. ago Executions, arrests and paranoia: Inside Iran’s crackdown on its own people after Israeli strikes

In the wake of Israel’s attacks, Iran has brought in new laws, issued a surge of death penalties on the spot and arrested people for ‘suspicious movement’ to control society, suppress dissent, and escape its own crisis of legitimacy, writes Amirhossein Miresmaeili

Events

9 d. ago Mexican cartel civil war escalates as four decapitated bodies hung from bridge

Officials in Mexico have been ordered to review their plans for tackling organised crime after a wave of bodies were found scattered across the city of Culiacan - with some heads detached

Events

1 week ago New satellite images show work at Iran’s Fordow nuclear site after US bombing

Images from Maxar Technologies show construction vehicles including an excavator near one of the shafts, which was struck with US bunker buster bombs last week

Events

1 week ago Flightpath shuffle: how conflict in the Middle East has reshaped air routes

The Man Who Pays His Way: Iraq is back on the map, Iran is taking a little longer

Events

1 week ago Israeli strikes kill dozens in Gaza as Qatar calls for peace talks – Middle East crisis live

At least 49 people were killed across Gaza by Israeli strikes, health staff sayEmirates extended its cancellation of flights to and from Iran’s capital Tehran until July 5 due to the “regional situation“, it said in a statement on Saturday, Reuters reports.The Dubai-based airline said it will recommence operations to Baghdad on 1 July and Basra on 2 July. Continue reading...

Events

1 week ago Trump denies US plan to offer Iran $30bn civilian nuclear deal

US president lashes out at media for reporting his administration discussed possible deal involving release of billions of dollars in frozen assets to support Iran’s non-military nuclear development

Economics

1 week ago Qatar sees ‘window of opportunity’ for Gaza truce as dozens reported killed by Israel – Middle East crisis live

At least 34 people were killed across Gaza by Israeli strikes, health staff sayIran’s foreign minister Abbas Araghchi said on Saturday that Iranians had given their “blood” during a 12-day war with Israel but “not honour”, AFP reports.“Iranians gave blood, not land; gave their loved ones, not honour; they withstood a thousand-ton rain of bombs, but did not surrender,” Abbas Araghchi said on his Instagram account, adding that Iran does not recognise the word “surrender”. Continue reading...

Events

1 week ago Trump says he would ‘absolutely’ consider bombing Iran again – Middle East crisis live

US president tells White House briefing he would ‘without question’ attack the country if Tehran is enriching uranium to concerning levelsWe have more on the state funeral being held in Tehran for around 60 people, including its military commanders and nuclear scientists.The proceedings started at 8.00am local time (04.30 GMT) in the capital as government offices and many businesses were closed on Saturday for the occasion, AFP reports. Continue reading...

Events

1 week ago Trump claims he spared Khamenei’s life but would consider bombing Iran again

US president claims he saved Iran’s supreme leader from ‘ugly and ignominious death’

Politics

1 week ago How Israel pulled off audacious ‘Red Wedding’ and ‘Operation Narnia’ attacks on Iran

The success of key Israeli operations against Iranian military leaders and nuclear scientists is said to have even caught planners by surprise

Politics

1 week ago Experts: What you do in first 10 minutes of a nuclear bomb will determine if you live or die

Amid escalating tensions and fear of World War 3 breaking out, here is what to do in the first 10 minutes of a nuclear bomb hitting, according to the International Commission on Radiological Protection (ICRP)

Events

2 w. ago Your Middle East questions answered – from Trump’s fragile ceasefire to what Israelis think of Netanyahu

Readers shared their urgent questions about Israel, Iran, Trump, and Netanyahu with our world affairs editor, Sam Kiley, who has been reporting from Tel Aviv amid rising tensions in the region

Politics