deepens

China economic slowdown deepens: Retail sales flatline and factory out

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China’s economy slowed down sharply in April 2026 as geopolitical fallout from the war in Iran weighed heavily on consumer spending and factory output.

Retail Sales: Growth flattened to just 0.2% year-over-year, marking the weakest performance since late 2022. This was a sharp deceleration

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Trump’s Iran Brinkmanship Hits a Wall as Conflict Stalemate Deepens

During his first year, U. S. President Donald Trump’s aggressive negotiating style led to some gains with other countries, but when it comes to Iran, this approach seems to be failing. Instead of softening his stance, Trump has shown increasing frustration over the ongoing crisis, which has lasted for 11 weeks, and his tough tactics might hinder efforts to end the conflict that is impacting the global economy.

Analysts believe that one key issue is the Iranian leaders’ need to maintain their image at home, complicating any negotiations. Despite the U. S. and Israeli strikes weakening Iran’s military, Iran still controls the important Strait of Hormuz, allowing it to exert significant influence. Trump’s strategy has been marked by extreme demands and mixed messages, which may not lead to a quick resolution. His desire to frame any outcome as a U. S. victory, while expecting total defeat for Iran, poses further challenges, as no government, including Iran’s, can afford to be seen as surrendering.

The deadlock with Iran happens as Trump faces domestic pressures, including rising gasoline prices and low approval ratings due to an unpopular war ahead of the midterm elections. White House spokesperson Olivia Wales defended Trump’s tactics, claiming that he is a skilled negotiator and suggesting that Iran is becoming more desperate for a resolution.

In a notable threat, Trump warned on social media of destroying Iran’s civilization if a deal is not reached. He later backed down but has repeated his threats to damaging Iranian infrastructure. Trump’s harsh language towards Iranian leaders has continued, and while he claims Iran is on the verge of collapse, the Iranian response has been to portray their endurance as a victory.

Inside the White House, there has been no effort to moderate Trump’s messaging. Polls show his core supporters remain behind him, but some former allies now criticize his extreme threats and the ongoing conflict.

Some of Trump’s strongest statements on his Truth Social platform have come at crucial moments, like when he announced a blockade of Iran’s ports, which led to Iranian retaliation and threatened a fragile ceasefire. He recently rejected a peace proposal from Iran, calling it a “piece of garbage. ” Analysts like Dennis Ross said Trump’s lack of consistency in messaging undermines his intentions. During a visit to Beijing, Trump avoided harsh comments on Iran, focusing instead on relations with China, an ally of Iran.

Some experts believe it would be beneficial for Trump to lower his rhetoric if he truly wants to resolve the conflict. Iran’s Deputy Foreign Minister, Saeed Khatibzadeh, criticized Trump for talking too much. Trump claims that his unpredictability is a negotiation tactic, which has sometimes worked in trade discussions. However, in situations like the military actions in Venezuela and the Gaza ceasefire talks, his pressure tactics had positive outcomes.

Despite his desire to seem dangerous in negotiations over Iran’s nuclear program, analysts say this strategy is unlikely to succeed, given the entrenched nature of Iran’s leadership and their pride. Trump’s threats may have strengthened Iran’s current hardline rulers, who trust him even less after U. S. attacks during negotiations. Nate Swanson, a former State Department official, noted that the expectation of Iran capitulating under pressure is a misconception.

Barbara Leaf pointed out that Trump’s approach has been based on a misunderstanding of Iran’s resilience. Some experts warn that his tactics could backfire, making Iran more determined to develop nuclear capabilities for self-protection. There is a mismatch in timelines, as Trump prefers quick deals while Iran often prolongs negotiations. Academic Abdulkhaleq Abdullah suggested that Iran’s inflexibility is a bigger issue than Trump’s statements. Trita Parsi argued that Iranian leaders might see Trump’s unpredictable behavior as a sign of desperation, leading them to wait him out.

With information from Reuters

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‘It’s a failed nation’: Trump pressures Cuba as fuel crisis deepens | Oil and Gas

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US President Donald Trump has called Cuba ‘a failed nation’, as his administration expands its pressure campaign. Cuba has announced it’s getting rid of its fixed prices at the petrol pump as fuel shortages and power cuts worsen.

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Hezbollah Suffers Heavy Losses as War with Israel Deepens Political and Military Strain

The latest escalation between Hezbollah and Israel began in early March following strikes linked to a wider regional conflict involving Iran and the United States. Hezbollah entered the conflict shortly after, positioning itself as part of a broader regional confrontation.

Since then, the group has faced significant battlefield losses, territorial setbacks in southern Lebanon, and growing domestic criticism. Israeli forces have established a buffer zone inside Lebanese territory, while large numbers of civilians have been displaced, particularly from Shiite communities that form Hezbollah’s core support base.

The conflict follows an earlier war that severely weakened Hezbollah, including the killing of its long time leader Hassan Nasrallah. Despite rearming and adapting its tactics, the group now faces mounting pressure on both military and political fronts.

Hezbollah’s Strategic Gamble
Hezbollah officials suggest the decision to re enter conflict was calculated. By aligning more closely with Tehran during a wider regional war, the group aims to ensure Lebanon becomes part of any future negotiations between Iran and the United States.

The expectation is that Iranian leverage could secure a stronger and more lasting ceasefire than previous agreements. However, this strategy carries high risks, especially as Washington has indicated that any deal with Iran may not include Lebanon.

Rising Human and Material Costs
The war has inflicted heavy casualties. Lebanese authorities report thousands killed since March, though the exact number of Hezbollah fighters remains disputed. Reports from within the group suggest losses could be substantial, with some fighters’ bodies still unrecovered in frontline towns.

Entire communities in southern Lebanon have been devastated, with villages destroyed and new graves appearing rapidly after ceasefire periods. Displacement has also intensified sectarian tensions, as affected populations seek refuge in other regions where resentment toward Hezbollah is growing.

Domestic Political Fallout
Inside Lebanon, opposition to Hezbollah’s armed status has hardened. Critics argue that its actions continue to expose the country to repeated wars. In a significant shift, the Lebanese government has engaged in direct talks with Israel, a move Hezbollah strongly opposes.

The government has also taken steps to limit Hezbollah’s military role, including banning its armed activities earlier this year. However, enforcing such measures remains difficult given the group’s entrenched influence and the risk of internal conflict.

Continuing Clashes Despite Ceasefire
Although a ceasefire announced in mid April reduced large scale fighting, hostilities have not fully stopped. Both sides continue to exchange strikes in southern Lebanon, and Hezbollah has dismissed the truce as ineffective due to ongoing Israeli attacks.

Israel maintains that its operations are necessary to eliminate threats to its northern regions and has indicated that dismantling Hezbollah’s military capacity will be central to any long term agreement.

Analysis
Hezbollah’s current position reflects a complex mix of resilience and vulnerability. While it has demonstrated the ability to regroup and continue fighting, this alone does not translate into strategic success. The group is increasingly constrained by battlefield losses, internal Lebanese opposition, and uncertainty over external support.

Its reliance on Iran introduces another layer of risk. If a broader agreement between Tehran and Washington excludes Lebanon, Hezbollah may find itself bearing the costs of a war without securing meaningful political gains.

At the same time, Israel appears determined to reshape the security landscape in southern Lebanon, potentially prolonging the conflict. Without a comprehensive regional settlement, the most likely outcome is a prolonged stalemate marked by intermittent violence and continued suffering on both sides.

With information from Reuters.

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Major European airline cancels more UK flights as jet fuel crisis deepens

The airline has confirmed that the route will be axed at the end of May despite running since 2018, as the price of jet fuel leads to cancellations of a number of flight routes across Europe

A major European airline has cancelled a route from the UK that has been running since 2018, and confirmed that it’ll no longer be available to book as of the end of the month.

The move comes as the German airline, one of the largest in Europe, also announced plans to cut 20,000 short-haul flights over the summer as conflict in the Middle East drives up jet fuel prices and has led to fears of shortages.

Lufthansa, the flag carrier airline for Germany, has announced it’ll no longer run its service between Glasgow and Frankfurt, and the last flight between the two cities available to book is on May 31.

A Lufthansa Group spokesman told the Scottish Sun: “Following the decision to discontinue Lufthansa CityLine flights effective immediately and to reduce unprofitable flights in the future due to high kerosene prices, the Lufthansa Group’s summer schedule will be reduced by just under one percent of available seat-kilometers.

“To compensate for this, Lufthansa has taken immediate action and will consolidate the flight schedules of all Lufthansa Group airlines, cancelling 20,000 flights by the end of October. As a result of these decisions, flights to Glasgow will no longer be operated by Lufthansa via Frankfurt, but for the time being, by Edelweiss via Zurich offering access to the Swiss International Air Lines network.”

Lufthansa isn’t the only European airline to cancel flights. Scandinavian airline SAS confirmed it’s cancelling over 1,000 flights after the cost of jet fuel doubled. In the USA, United Airlines announced it would be cancelling 5% of flights in the short term, aiming to restore its full schedule by autumn.

Other airlines are raising prices to try to cover the soaring costs. Virgin Atlantic has said the aviation sector “cannot absorb” jet‑fuel costs at their current levels, forcing them to increase ticket prices.

READ MORE: EasyJet launches new UK flight to car-free city with £2 pintsREAD MORE: I am saving £3,000 on each family holiday by taking the kids away during term-time

Corneel Koster, Virgin Atlantic’s chief executive, told the Telegraph: “I was looking at improving our financial results by a really significant chunk. And then this happens. We have never seen jet fuel at these levels, with prices more than doubling. The industry cannot absorb increases like this.”

The airline has added a surcharge of £50 to its economy class tickets, while those in premium economy will need to pay another £180, and business class passengers will be faced with an additional £360 cost. However, the airline says these surcharges still don’t cover the rising costs.

After labour costs, fuel is the second-highest expense for airlines, and accounts for around 27% of its operating expenses. Prices for jet fuel have doubled since the conflict began, rising from $85 to $90 per barrel to $150 to $200 per barrel in recent weeks.

Have a story you want to share? Email us at webtravel@reachplc.com

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Jet2, Ryanair and easyJet £100 flight booking warning as fuel crisis deepens

A booking trick can help ensure you are covered as many UK airlines face chance of disruption or cancellation this summer due to Middle East conflict impacting air travel

Due to ongoing conflict in the Middle East, Europe is facing a fuel crisis, causing concern about the likelihood of summer holidays going ahead.

The International Energy Agency has warned that supply issues could kick in in the next five to six weeks with the owner of British Airways commenting that flight tickets may increase in line with skyrocketing fuel costs.

The fuel crisis comes as the Strait of Hormuz has been blocked throughout the conflict, meaning energy is not able to be distributed at a normal rate.

The strait is the shipping passage for 20 per cent of the world’s fuel and has seen the costs of petrol rapidly increase since the outbreak of war.

For travel, this has caused disruption to many flights, with prices changing and traveller’s fearing cancellations.

According to EU energy commissioner Dan Jorgensen it’s “very likely that many people’s holidays will be affected, either by flight cancellations or very, very expensive tickets”.

If your flight is cancelled it is covered by UK law if it was set to depart or arrive at a UK airport on a UK or EU airline, or arrive at an EU airport on a UK or EU airline.

Popular UK airlines Jet2, Ryanair and easyJet are all covered by this rule.

If you are covered and your flight is cancelled, the airline you are travelling with must provide you with a refund or book you on an alternative flight.

The Civil Aviation Authority (CAA) says that you can get all of your money back for your tickets or for the parts you haven’t used.

With return flights, if outward travel is cancelled, you are entitled to a full refund.

The CAA added: “If you are a transfer passenger and you have already completed part of your journey, you are also entitled to a flight back to your original departure point when your connecting flight is cancelled and you decide not to continue your journey.”

Experts gave a £100 flight booking warning, advising to pay via credit card as this gives you Section 75 protection under the Consumer Credit Act, legally protecting you for purchases costing between £100 and £30,000.

The situation is currently so unpredictable that travellers should be aware of all the cover they are entitled to, as flights may be cut at any point.

Global aviation expert Geoffrey Thomas told the Daily Mail that flights could be cut at the last minute.

Thomas highlighted that Europe is particularly impacted, especially when it comes to long haul travel.

“Europe is more exposed at the moment than Asia is, which means trips from Australia are obviously a challenge.

“For airlines like Qantas, who operate the Perth to London service, at the moment, they have to fly additional distance to refuel in Singapore.

“Any airline that operates through the Middle East is also exposed if the conflict widens or the Iranians decide to resume random drone attacks.”

Amid the conflict, travel experts reiterated the importance of travel insurance.

“To not travel with insurance these days is pretty crazy,” Dr David Beirman told the Daily Mail.

“Most policies will cover cancellation or major changes to an itinerary from a number of causes.

“If your airline is being difficult about a changed flight, and they’re only prepared to give you a credit or something like that, the travel insurance company will usually come to the party and help financially.”

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Czech Republic deepens nuclear partnership with Korea

An old chapel stands in a field in front of cooling towers operating at the Dukovany nuclear power plant operated by CEZ AS, near the village of Dukovany, Czech Republic. Photo by MARTIN DIVISEK / EPA

April 22 (Asia Today) — The Czech Republic said its nuclear power project with South Korea is progressing on schedule, signaling potential expansion of cooperation that could extend to additional reactor construction and broader entry into the European market.

Petr Závodský, head of the Czech project company EDU II, said the Dukovany nuclear project has entered a key design phase just 10 months after the contract was signed with Korea Hydro & Nuclear Power.

“We received the first large-scale engineering package, including the conceptual design, last week,” Závodský said at a conference in Busan. “This marks a major contractual milestone, and site investigations have already been completed.”

He added that the next step is to submit licensing documents to Czech nuclear regulators within a year.

Tomas Ehler said the Czech government selected Korea Hydro & Nuclear Power based on its proven ability to complete projects on time and within budget.

“In nuclear projects, the most important factor is execution capability,” Ehler said. “The Korean proposal was evaluated as the best across all criteria.”

He emphasized that nuclear construction involves complex risks and requires close coordination between partners to identify and manage challenges early.

Officials also addressed concerns over a dispute involving France, saying the issue has effectively been resolved after being dismissed by Czech courts. They added that approval procedures with the European Commission for expanded reactor plans are ongoing and expected to be finalized by early 2027.

The Czech government reaffirmed its strategy to increase nuclear power’s share in its energy mix from about 30% currently to 50%-60% in the coming years.

A final decision on constructing additional reactors at the Temelin Nuclear Power Plant is expected next year, with progress on the Dukovany project serving as a key benchmark.

Ehler said that if both projects move forward with Korean participation, significant synergies could be achieved.

Závodský stressed that the partnership goes beyond a typical supplier relationship.

“The Czech Republic cannot build nuclear plants without Korean companies, and Korean firms cannot carry out the project without Czech partners,” he said. “This is a joint project, not just a client-supplier arrangement.”

Officials added that the cooperation could expand beyond the Czech Republic to other European countries, including Slovakia and Poland.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260422010007168

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