Top World News

Jul 16, 2026 - World

Rajan will serve on the balance sheet policy task force to examine the costs, benefits, and institutional implications of the Federal Reserve's current balance sheet regime, including its asset holdings and their role in implementing monetary policy.

Jul 16, 2026 - World

Many hoarders are scared to seek help but one UK housing association is taking a more empathetic approachAt one end of the table sits Tony*, who showers at his local leisure centre in Birkenhead every day. His landlord won’t fix his bathroom because of his hoarding. Then there’s Sarah*, who ended up homeless with her three teenagers after their landlord evicted them because of hoarding. In her new home the problem has started again, but she says she’s petrified to ask for help in case she loses her property.Sian Cowley, 35, who has struggled with hoarding for decades, says: “I’ve lived without central heating for two years. A lot of us live without the basics like hot water, heating and cooking because we are too scared to get people in to do repairs because of the threat of eviction.” Continue reading...

Jul 16, 2026 - World

Outgoing PM moves to cements his legacy before his replacement by Andy Burnham as party leader tomorrowZack Polanski, the Green party leader, says reports saying Shabana Mahmood is now set to be Andy Burnham’s chancellor have shown he would be “subservient to the City”.Polanski posted this on social media this morning.We don’t know what the cabinet will be yet, but the mood music is ominous.A Labour Party subservient to the City of London and harking back to the Blair years would be catastrophic for this country.“City relieved” = Burnham’s government won’t challenge the power of the bankers, or tax their wealth.Who is choosing our politicians - the people or the banking sector?Argentina fans celebrated their victory jubilantly, with some near the pitch holding a banner which read “Las Malvinas son Argentinas”, which translates to “The Falkland Islands are Argentinian”.The banner referring to the dispute over the British overseas territory made its way to the players, who held it up as they revelled in their win. Continue reading...

Jul 16, 2026 - World

Tim Steiner speaks as shares in the online grocer slide nearly 15% on plunge in pre-tax profits to £17mBusiness live – latest updatesThe co-founder and boss of Ocado has insisted he has “no intention of being a puppet master” exerting control over its staff amid an apparent boardroom row over succession at the grocery technology company.Tim Steiner, who is to stand down as chief executive in 2028, suggested that any successor would be happy to work with him. Continue reading...

Jul 16, 2026 - World

Arrival of outgoing British leader in Ukraine comes as Zelenskyy faces outrage after removing Mykhailo FedorovUkraine’s military ⁠struck six Russian tankers ⁠and ⁠two tugboats ​in the Black ⁠Sea and Sea of ⁠Azov overnight, the ​military’s ‌General ‌Staff said, as reported by Reuters.The tankers are being used to transport Russian ‌oil and petroleum products in ​circumvention of international sanctions, as well ⁠as to transport ​fuel for ​Moscow’s ​military, the ​General Staff ‌said ​on ​Telegram. Continue reading...