Economy

The International Monetary Fund has downgraded its global growth forecast for 2026 from 3.3 to 3.1 percent, citing the impact of the United States-Israeli war on Iran and the shutdown of the Strait of Hormuz on the world economy.

The war has damaged energy infrastructure across the Gulf, while critical exports like oil, gas, chemicals and fertiliser remain largely stranded by Iran’s shutdown of the strait and the subsequent US naval blockade of Iranian ports.

In the worst-case scenario of a prolonged war, the IMF said global growth could fall to 2.5 percent in 2026, with low-income and developing economies hit the hardest by soaring commodity and energy prices. The global shipping and logistics industry is facing a separate crisis.

But every economic crisis also has beneficiaries: despite the dire macroeconomic outlook, some corners of the global economy are thriving on the uncertainty.

Here’s a look at five industries that are doing well either despite – or because of – the darkening economic outlook.

Wall Street investment banks

Global investors have been on a rollercoaster since the start of US President Donald Trump’s second term last year. The president’s erratic decision-making, where he often issues an ultimatum one day and then changes it the next, has led traders to coin the term “TACO trade”, where TACO stands for “Trump Always Chickens Out”.

The recent volatility has made some investors anxious, but it’s been a boon to investment banks, which make millions in commissions and revenue from the surging volume of trade, according to Sean Dunlap, a director of equity research at Morningstar Research Services.

“Clients want to reposition, so they trade frequently,” he told Al Jazeera. “Spreads tend to increase, which increases the profitability for trade intermediaries like banks.”

First-quarter results for 2026 – released this week – showed that Morgan Stanley reported a profit of $5.57bn, up 29 percent year on year, while Goldman Sachs reported a profit of $5.63bn, up 19 percent year on year.

JP Morgan Chase also reported major gains, with first-quarter earnings of $16.49bn, up 13 percent year on year. The banks all cited high levels of trading, deal-making, and “robust client engagement” as the reasons behind surging profits.

The boomtime for banks could reverse course, however, if volatility persists for too long, Dunlap warned, because investors may become increasingly cautious and less willing to borrow money to make trades.

Prediction markets

As mainstream Wall Street banks reap profits, the crypto-based prediction platform Polymarket has been earning upwards of $1m a day since the start of the month by letting users make peer-to-peer bets on everything from sports tournaments to elections.

Polymarket has been doing well since the start of the war, but it revised its fee structure on March 30 to cash in even more on its popularity.

Rival platforms like Kalshi, Novig and Robinhood also follow the same business model, but Polymarket has been the standout winner of 2026 because it controversially allows users to bet on the outcome of conflicts like the Iran war.

Polymarket revised its fee structure on March 30 to cash in on its popularity. The change has already netted the platform more than $21m in fees since April 1, up from $11.6m for all of March and $6.23m for all of February, according to DefiLlama, a website that provides data analysis for decentralised finance platforms.

If the current trend continues, Polymarket could make $342m in fees this year alone, according to DefiLlama’s analysis.

Anonymous users have also made millions correctly predicting the dates of major events like the US-Iran ceasefire, but the outcomes for rank-and-file users are typically less impressive.

Researchers found that the top 1 percent of Polymarket users captured 84 percent of all trading gains, according to a new report released this month analysing 70 million trades from 2022 to 2025. The returns are so high that US federal regulators have pledged to crack down on insider trading in prediction markets following suspiciously well-timed bets on Iran war outcomes.

Aerospace and defence

Unsurprisingly, the aerospace and defence industries are booming this year due to major conflicts in Ukraine, Iran, Sudan, Gaza and Lebanon and a surge in global defence spending.

About half of the world’s countries have increased their military budgets over the past five years, according to an April report from the IMF, which means they are also buying everything from drones to missiles — more than ever before. Demand is growing particularly fast in Europe, where NATO countries have committed to raising defence spending to 5 percent of gross domestic product (GDP) by 2035.

The defence industry has, in turn, seen major gains on the stock market. The MSCI World Aerospace and Defence Index – which tracks aerospace and defence stocks across 23 global markets – reported net returns of 32 percent year on year at the end of March.

The defence index outpaced the MSCI World Index, which tracks 1,300 large and mid-cap companies across the same 23 markets. The index, which gives a broader overview of global stock markets, reported net returns of 18.9 percent over the same period.

Artificial intelligence

Last year, the United Nations Trade and Development (UNCTAD) office predicted that the AI industry would grow from $189bn in 2023 to $4.8 trillion by 2033, and the Iran war does not seem to have dented the outlook.

“Despite the shocks from the Iran war, we’re still seeing resilience in a lot of sectors like artificial intelligence and renewable energy,” said Nick Marro, lead analyst for global trade at the Economist Intelligence Unit.

One metric for the AI boom has been the high volume of semiconductor chips still being exported out of East Asia, he said. At the top of the chart is chipmaking powerhouse Taiwan, which reported record-breaking merchandise exports of $80.2bn in March, up 61.8 percent year on year, according to EIU analysis.

The surge was led by exports to the US, which grew by 124 percent year on year, the EIU said.

Taiwan Semiconductor Manufacturing Company, the world’s top chipmaker better known by its acronym “TSMC,” on Thursday posted a net income of 572.8 billion New Taiwan Dollars (NTD) ($18.1bn) for the first three months of 2026 – up 58 percent year on year in NTD.

Another metric, initial public offerings or “IPOs,” also shows that the industry is confident for the moment, with industry leaders Anthropic and OpenAI both planning to go public this year.

Renewable energy

The Iran war has highlighted the need to transition from fossil fuels not only for environmental reasons, but also for reasons of energy security. The war marks the third major energy shock this decade, following the COVID-19 pandemic and the 2022 Russian invasion of Ukraine.

The Iran war has “boosted” renewable energy “given the urgency to switch away from fossil fuels and diversify towards renewable sources,” Marro of the EIU said.

Even before the Iran war began, the International Energy Agency reported that global governments were already taking active measures to invest in renewable energy for geopolitical reasons.

According to an IEA report released this month, “150 countries have active policies to advance renewable and nuclear deployment, 130 have energy efficiency and electrification policies, and 32 have policies to incentivise supply chain resilience and diversification across critical minerals and clean energy technologies.”

The Iran war has triggered another flurry of policymaking in Asia, which typically buys 80 to 90 percent of the oil and gas that transits through the Strait of Hormuz. Since the shutdown, the region has been struggling to find alternative sources of energy, forcing governments to deploy emergency measures like fuel rationing and price caps.

South Korea, Thailand, India, Cambodia, Indonesia, Vietnam and the Philippines have all announced a variety of measures from tax breaks for at-home solar panels to commissioning new renewable energy projects – and even restarting nuclear reactors.

The surge in policymaking has been good for the renewable industry. The S&P Global Clean Energy Transition Index, which tracks 100 companies that produce solar, wind, hydro, biomass and other renewable energy across emerging and developed markets, is up 70.92 percent year on year.

Long-haul flights are always an endurance test, but one airline aims to make it easier with comfy sleep pods that you can book for a few hours to sleep or just stretch out your legs

Long-haul holidays allow you to go on exotic adventures, but the trade off is that you spend hours cramped into a plane seat, desperately trying to adjust to the time zone at your destination.

If you’re feeling flush, you might consider an upgrade to business or first-class for access to lie flat beds, although that usually costs several times the price of an economy ticket, so for most of us it’s an option that’s out of reach.

But one airline has launched an option that costs far less than a cabin upgrade and can be enjoyed by economy and premium economy passengers as an add-on.

Air New Zealand passengers flying on ultra long-haul flights between New York and Auckland will be able to book a slot in Economy Skynest™ from May 18, and the service will be available on flights from November this year. Billed as “the world’s first sleep pods in the sky”, Skynest will feature six individual lie-flat nests which can be booked for four-hour slots during the journey.

Given that the flight time on this route is up to 18 hours, making it one of the world’s longest flights, spending some time in the pods could give passengers some much needed respite from their economy class seat. The pods will be in a separate area of the cabin with a privacy curtain, and each pod is around six foot six inches in height, so even tall passengers can stretch out.

Each passenger who books the a pod gets a free amenity kit including an eye mask and ear plugs, and the bed linens are refreshed between passengers to ensure a clean space. Each pod has a seatbelt, so you won’t be woken up if the seatbelt sign comes on, and there’s a USB charging outlet and small light if you want to read or scroll through your phone.

A session in Skynest will cost from $495 New Zealand Dollars, around £215, making it a pricey upgrade but still cheaper than flying in a premium cabin.

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Skynest isn’t the first upgrade Air New Zealand has offered to its economy passengers. In 2011, it launched Skycouch, an option for economy class passengers to reserve an entire row that converts into a lie-flat bed, allowing for extra comfort on long trips. These seats have a pull out footrest so the bed is wider than a standard airplane seat.

The Skycouch option is available to passengers on selected routes who fly onboard its Boeing 777-300ER or 787-9 aircraft. The cost depends on the route and availability, although reportedly the upgrade ranges from NZ$525 to $1,500 per row (about £228 to £652). United Airlines is set to launch a similar product in 2027 with Relax Rows, while Lufthansa already offers the option of a Sleeper Row on flights over 11 hours.

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

The company’s stock plunged about 8 percent on the news of Hastings’s departure.

Netflix Chairman Reed Hastings is leaving the streaming service he cofounded 29 years ago as the company regains its footing after it lost its $72bn deal for Warner Bros Discovery to Paramount Skydance.

In a letter to investors released on Thursday, Netflix said Hastings will not stand for re-election at its annual meeting in June and plans to focus on philanthropy and other pursuits.

The company’s stock plunged about 8 percent on the news of Hastings’s departure. The cofounder is credited with helping to revolutionise how movies and television shows are delivered in homes, upending Hollywood’s business model.

“Netflix is growing revenues double-digits, expanding margins in 2026 and gushing free cash flow,” said LightShed Partners media analyst Richard Greenfield. “While the Q1 was uneventful financially, the departure of Reed Hastings has spooked investors.”

Netflix reaffirmed in a 14-page shareholder letter that its mission remains “ambitious and unchanged” – to entertain the world, providing movies and series for many tastes, cultures and languages. The company’s full-year outlook remained unchanged.

The company did not say how it plans to spend the $2.8bn termination fee it received after losing the Warner Bros movie studio and HBO, and lifted its earnings per share to $1.23 in the first quarter compared with 66 cents per share in the same quarter last year.

Revenue rose to $12.25bn, an increase of 16 percent from the year-ago period, modestly exceeding analyst forecasts of $12.18bn.

Netflix, which long told investors that a Warner Bros acquisition was a “nice to have, not need to have” proposition, highlighted areas of future growth.

The company said its investment in expanding its entertainment offerings, with video podcasts and live entertainment – such as the World Baseball Classic in Japan – is driving engagement.

It plans to use technology to improve the user experience and improve monetisation, as advertising revenue remains on track to reach $3bn in 2026 – a twofold increase from a year ago.

Modern warfare has dramatically changed as we have seen from the Russia-Ukraine war, conflicts involving Gaza, India and Pakistan, and the recent US-Israeli strikes on Iran. At the centre of this shift is a surging global reliance on drone and missile technology as well as advanced air defence systems.

Turkiye, one of the largest military powers in the Middle East, is increasingly positioning itself as a major supplier in the global defence sector. Central to this effort is Roketsan, a company founded in 1988 to supply the Turkish Armed Forces, which has since evolved into the country’s primary manufacturer of missile and rocket systems.

Currently exporting to approximately 50 countries, the firm is one of the fastest-growing defence companies globally.

So how did Roketsan secure a large share of the global arms trade?

Bypassing Western embargoes

Turkiye’s defence expansion was largely accelerated by restrictions placed upon it. Western embargoes aimed at halting its military advancement meant Ankara could not acquire the necessary technical systems or components.

In 2020, the United States imposed Countering America’s Adversaries Through Sanctions Act (CAATSA) restrictions on Turkiye – a key member of the transatlantic military alliance NATO. These sanctions targeted Turkiye’s military procurement agency, its chief Ismail Demir, and three other senior officials. Washington also ejected Ankara from the F-35 stealth jet programme in July 2019.

The measures came after Ankara purchased Russia’s S-400 missile defence system, which was seen as a potential threat to NATO security. The European Union also prepared limited sanctions and discussed restricting arms exports following energy exploration disputes in the Eastern Mediterranean.

To circumvent this, the country built an integrated, domestic defence ecosystem. Today, Turkiye relies on a vast supply chain of nearly 4,000 small and medium-sized enterprises (SMEs) scattered across the country. As a result, the Turkish defence industry now operates with a local production rate exceeding 90 percent.

This shift has yielded significant financial returns for Ankara. In 2025, Turkiye’s defence industry reported $10bn in exports. Roketsan’s General Manager Murat Ikinci told Al Jazeera that the company currently ranks 71st among global defence firms, with ambitions to break into the top 50, then the top 20, and ultimately the top 10.

To support this expansion, Turkish President Recep Tayyip Erdogan inaugurated several large-scale facilities last week, including:

• Europe’s largest warhead facility.
• new research and development (R&D) centre housing 1,000 engineers.
• the “Kirikkale” facility dedicated to rocket fuel technology.
• new infrastructure for the mass production of ballistic and cruise missiles.

These projects represent a $1bn investment, with the company planning to inject an additional $2bn to expand mass production capabilities.

The ‘Tayfun’ and modern warfare

Roketsan’s R&D strategy – which employs 3,200 engineers and makes the company the third-largest R&D institution in Turkiye – is heavily influenced by data gathered from ongoing global conflicts.

According to Ikinci, the war in Ukraine highlighted the impact of cheap, first-person view (FPV) and kamikaze drones supported by artificial intelligence. In response, Roketsan developed air defence systems like “ALKA” and “BURC,” alongside the “CIRIT” laser-guided missile.

The regional landscape was further complicated during the US-Israel war on Iran, as cheap Iranian-designed Shahed drones – recently upgraded by Russia with “Kometa-B” anti-jamming modules – overwhelmed defences and even struck a British base in Cyprus in March 2026. During the same month, NATO air defences were forced to intercept three Iranian ballistic missiles that entered Turkish airspace.

Meanwhile, the recent conflict between Israel and Iran showcased the use of complex attacks combining ballistic missiles with “swarms” of kamikaze drones designed to overwhelm air defences. This environment makes hypersonic technology a critical asset.

This brings the Tayfun (Typhoon) project into focus. Tayfun is a developing family of long-range ballistic missiles. Its most advanced iteration, the Tayfun Block 4, is a hypersonic missile engineered to penetrate advanced air defence systems by travelling at extreme speeds.

When Al Jazeera asked for specific details regarding the Tayfun’s exact operational range, Ikinci was elusive. “We avoid mentioning its range; we just say its range is sufficient,” he noted.

Similarly, historical Western sanctions have pushed Turkiye to form new cooperation initiatives, effectively accelerating an “Eastern shift” away from Western defence dependence. Turkish drones are now being used by a growing number of countries, including by Pakistan during its war against India last May.

Based on these threat assessments, Roketsan has prioritised five key areas of production:

1. long-range ballistic and cruise missiles.
2. air defence systems, including the “Steel Dome”, Hisar-A, Hisar-O, and Siper.
3. submarine-launched cruise missiles, utilising the AKYA system to leverage Turkiye’s large submarine fleet.
4. smart micro-munitions designed specifically for armed drones.
5. long-range air-to-air missiles, a need highlighted by the brief India-Pakistan skirmish.

A strategic export model

Unlike traditional arms procurement, Turkiye is marketing its defence industry to international buyers as a strategic partnership.

“Our offer to our partners… is as follows: Let’s produce together, let’s develop technology together,” Ikinci stated.

By establishing joint facilities and R&D centres in allied nations across the Middle East, the Far East, and Europe, Turkiye is attempting to secure long-term geopolitical alliances rather than purely transactional sales. Ikinci highlighted Qatar as a prime example of this model, describing it as a benchmark for technological, military, and security cooperation in the region.

Filling the global stockpile gap

This rapid expansion comes at a critical time for the global arms trade. Ongoing wars have severely depleted the stockpiles of advanced weapon systems worldwide.

During the recent US-Israel war on Iran, Washington relied heavily on multimillion-dollar Patriot and Terminal High Altitude Area Defense (THAAD) systems to intercept cheap Iranian drones targeting US assets across Qatar, Kuwait, Bahrain, Saudi Arabia, and the United Arab Emirates. With growing concerns that US interceptor supplies could run low, Gulf states – which have collectively detected over 1,000 drones in their airspace – are actively seeking alternative defence technologies, creating a highly lucrative opening for Turkiye’s missile industry.

Defence analyses indicate that even military superpowers like the US will require significant time to replenish their current air defence inventories due to the complexity and massive infrastructure required to build them.

Turkish defence officials view this shortage as a strategic opening. Having localised its supply chain, Turkiye claims it can manufacture and export these highly sought-after complex systems independently.

As global demand for air defence and ballistic technologies rises, Roketsan is aggressively reinvesting its revenues into production infrastructure to expand its footprint in the international arms market.

THE latest bizarre plane seat concept has revealed it’s ‘final’ design – but won’t be one if you’re claustrophobic.

First revealed back in 2020, the Chaise Longue Economy Seat would see two layers of seating – essentially double decker rows.

It’s been designed by Núñez Vicente, who as a then-21-year-old student, created it as a college project.

He was inspired after a flight to Europe, slamming the lack of legroom on offer by budget airlines.

The unusual seating design would – in theory – allow more legroom for passengers as there wouldn’t be a seat directly in front.

Not only that, but reclined seats would also causes fewer problems, as they wouldn’t invade the space of the passenger behind them.

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Overhead lockers would be replaced with compartments under each seat – so no battling for space there either.

Other future designs could include lie flat beds even in the middle.

However, some have cited concerns over the claustrophobic designs, as well as it being just another way airlines will cram more seats into the cabin.

Despite this, Mr Vincente said that the designs were not “a joke on the internet” but a real project he wants to get rolled out.

His latest designs were revealed at this year’s Aircraft Interiors Expo in Germany, a huge aviation show that takes place every year.

He told CNN Travel that this was their “best” design and would be as much as they could design as a small start up.

Not only that, but he said he was often consulting with airline bosses in regard to one day rolling these out – last year Airbus said they were “exploring early stage concepts”.

Despite this, the latest design has added slightly more legroom – meaning they are unlikely to remain as a basic economy prospect.

He added: “We have been moving the concept towards more of a premium economy experience.

“We have met directly with airlines and airline executives, CEOs and their customer experience departments, and they told us exactly what they wanted – and they wanted this seat to be something more than just economy.”

Tests conducted by fake passengers earlier this year praised the product, with some saying the lower level seats were closer to a business class seat.

He also maintains that if it did get rolled out – perhaps as an option in the middle of the plane, with other standard premium seats on either side – it could trickle down to economy,

Another airline is launching their own version of double decker economy seats – but as bunk beds.

Air New Zealand’s long-awaited Skynest beds are being rolled out later this year, with booking open from May 18.

The concept – initially only on New York-Auckland routes – would see six bunk beds that economy passengers can book for four-hour slots.

Passengers will need to pay an additional $495 (£365) on top of standard economy seats.

Here are some other unusual plane seat concepts.

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The US has spent decades trying to squeeze Iran economically.
Six weeks into the Middle East conflict, Tehran is still standing.
US and Israeli attacks on infrastructure, industry and trade have damaged Iran’s sanctioned economy even further.

But oil revenues have kept flowing, giving the regime a financial cushion.

The Strait of Hormuz is now at the centre of this economic battle; whoever controls it controls the pressure.

At the negotiating table, sanctions relief, billions in frozen assets and war reparations are all at stake.

Meanwhile, millions of Iranians are bearing the brunt of inflation, shortages and a collapsing currency.

With the global attention fixated on the diplomatic efforts to end the war on Iran, Israel has systematically escalated its attacks on Gaza and choked off vital aid, plunging the besieged enclave into what economic experts are now calling an “engineered, compounded famine”.

The number of aid trucks entering Gaza has dropped drastically in violation of the October 2025 ceasefire with Hamas. Since then, the Government Media Office in Gaza has recorded 2,400 military violations by Israeli forces, resulting in the killing of more than 700 Palestinians.

On Tuesday, Israel’s military killed at least 11 Palestinians, including two children, in separate attacks across the war-torn Strip.

The intensity of these attacks spiked during peak regional tensions. Between February 28 and April 8, while Israel and the US were engaged in a bombing campaign against Iran, Israeli forces bombed Gaza on 36 out of those 40 days.

In the last five weeks alone, more than 100 people have been killed, including Al Jazeera journalist Mohammed Wishah. Israel has killed more than 72,336 people since launching the brutal military offensive on October 7, 2023.

The ‘truck deception’

While Israel frequently claims it is allowing hundreds of aid trucks into Gaza, Palestinian officials and economic experts argue these figures are a deliberate mathematical deception.

According to the Government Media Office, only 41,714 aid and commercial trucks have entered Gaza over the past six months. This represents a mere 37 percent of the 110,400 trucks stipulated under the ceasefire agreement. The fuel situation is even more critical, with only 1,366 fuel trucks entering out of a promised 9,200 – an abysmal 14 percent compliance rate.

Recent daily logs highlight the severity of the bottleneck. On April 13, a total of only 102 aid trucks and 7 fuel trucks were allowed into the entire Strip, alongside 216 commercial trucks – a fraction of the more than 600 total trucks required daily under the “ceasefire” deal. By April 14, the numbers remained critically low with 122 aid trucks and 12 fuel trucks entering.

Crucially, Israeli authorities entirely shut down additional entry points like the Zikim and Kissufim crossings, which had processed dozens of commercial and aid trucks just a day prior, bottlenecking all limited traffic exclusively through Karem Abu Salem.

Mohammed Abu Jayyab, a Palestinian economic expert based in Gaza, told Al Jazeera that Israel utilises a “technical and commercial deception” to inflate these numbers.

“An Israeli truck carries up to 32 or 34 pallets… which are then unloaded into two or three smaller, dilapidated Palestinian trucks on the Gaza side,” Abu Jayyab explained. “Consequently, the UN and Israel count double or triple the actual number of Israeli trucks entering.” One pallet holds roughly 1 tonne of goods or food items.

Furthermore, Israel recently banned mixed-load shipments. If a merchant brings in 20 pallets of sugar, the remaining 12 pallet spaces on the truck must remain empty, yet it is still registered as a full commercial truck.

“The political agreement stipulated a ‘truck’ but did not specify quantities, weights, or the number of pallets,” Abu Jayyab noted, allowing Israel to weaponise logistics to restrict aid while appearing compliant.

Engineering starvation

This logistical strangulation is part of a broader strategy. Hassan Abu Riyala, undersecretary of the Ministry of National Economy in Gaza, stated in a meeting published on the ministry’s official Telegram channel that Israel is “engineering a policy of starvation”.

To ensure chaos in the local markets and sky-high prices, Israel has deliberately dismantled civil regulatory bodies. “The occupation targeted the majority of the crews that monitored prices, and assassinated the [former] undersecretary of the Ministry of Economy and five directors general during the war,” Abu Riyala said.

The results have been devastating, basic commodities have become scarce, and bread production has plummeted to 200 tonnes daily, far below the 450 tonnes required to feed the population.

“We manage this structural deficit under exceptional and coercive conditions,” Ismail Al-Thawabteh, director general of the Government Media Office, told Al Jazeera.

He described the ongoing reduction of supplies despite the truce as a “systematic restriction of basic supplies” that pushes the population towards dangerous levels of food insecurity. Fresh produce has skyrocketed, with 1kg (2.2lb) of tomatoes jumping from $1.50 to nearly $4 in a matter of weeks.

Moreover, the humanitarian catastrophe is being accelerated by the withdrawal of major aid groups. Al-Thawabteh noted that the scaling back or suspension of operations by key international institutions, most notably the World Food Programme (WFP), due to Israeli restrictions, represents a “highly dangerous development” that threatens the complete collapse of Gaza’s relief system.

“We issue an urgent appeal to the international community and the guarantors of the agreement to immediately pressure Israel to open the crossings… before reaching a point of no return and an imminent human explosion,” he said.

A ‘compounded famine’

The crisis has evolved beyond a simple lack of food; it is now a complete collapse of the Palestinian economy.

Abu Jayyab described the current situation as a “compounded famine”. With unemployment soaring to 80 percent and the destruction of more than 160,000 jobs across industrial, agricultural, and commercial sectors, the population has entirely lost its purchasing power.

“It has become illogical to link the entry of food supplies from the crossings to their availability to Palestinian citizens,” Abu Jayyab told Al Jazeera. Even when goods reach the market, between 70 to 80 percent of families simply cannot afford to buy them due to the total absence of income.

This extreme deprivation is forcing civilians into life-threatening alternatives. “The return of long queues for bakeries, and citizens resorting to burning plastic and waste in the absence of cooking gas, are dangerous field indicators of an unprecedented deterioration,” Al-Thawabteh warned, noting that government health facilities are currently struggling to treat respiratory and skin diseases resulting from this toxic pollution.

The medical blockade

Meanwhile, the stranglehold extends to Gaza’s most vulnerable patients. While the ceasefire agreement mandated the opening of the Rafah crossing for medical evacuations, Israel has kept the borders tightly restricted.

Over the past six months, only 2,703 people have been allowed to cross through Rafah out of an expected 36,800 – a compliance rate of just 7 percent. Consequently, only 8 percent of the severely wounded and chronically ill patients slated for urgent medical evacuation have been permitted to leave. According to the World Health Organization, roughly 18,000 people are still trapped in Gaza waiting for life-saving treatment abroad.

NEW images have revealed what to expect from the first ever bunk beds launching on a plane – that even economy passengers can book.

First announced back in 2020, Air New Zealand will be rolling out the new sleeping options later this year.

Called the Skynest, there will be six bunks, each with lie flat beds, measuring around 6ft6 in length and 64cm wide.

All passengers who book them will be given fresh sheets, blankets and pillows, as well as amenity kits containing eye masks, ear plugs, socks, toothbrush and toothpaste, and hand cream.

The seats have privacy curtains, as well a small bag storage area, USB charging and flight attendant call buttons.

Each one can be booked for four hour slots, which is an additional cost on a standard economy seat or premium economy seat.

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Once the four hour session is over, lights will slowly turn on and crew will wake passengers up to go back to their seats.

Each flight will have two sessions, meaning 12 passengers per flight can book it.

No kids are allowed however – passengers must be over 15 to sleep in them.

Air New Zealand boss Nikhil Ravishankar told USA Today: “We really do hope that this starts a bit of a revolution in economy class travel, where sleep becomes available to more customers.

“One sleep in New York, you wake up, and you’re in one of the most beautiful countries in the world.”

Booking for the beds will open on May 18, with them being rolled out by November.

Prices start from $495 (£365).

They will initially only be on flights between New York and Auckland but they will be rolled out on other services eventually.

They could also be expanded to include more than six beds, depending on demand.

Air New Zealand previously rolled out the Skycouch seats in economy, the first in the world to do so.

Having launched back in 2010, Skycouch allows passengers to book a row of seats and turn them into a bed.

Other airlines such as United Airlines recently revealed plans for similar ‘economy bed’ options, called the ‘relaxed row’.

Thai Airways is also launching lie flat beds in premium economy.