Author: ALJAZEERA

US households paid $1,000 more for the same goods over the past year, with lower-income families hit the hardest.One year ago today, during a Rose Garden ceremony at the White House in Washington, US President Donald Trump announced a new 10 percent global tariff as part of a sweeping executive order he dubbed “Liberation Day”.The immediate fallout from his announcement was severe, with the stock market suffering its worst drop since the pandemic. In the following days, countries scrambled to make deals with Washington or retaliate with their own levies.On February 20, the Supreme Court ruled that most of Trump’s…

Qabr Chamoun, Lebanon – Tucked in the hills of Mount Lebanon, about an hour from Beirut, a school has been turned into a shelter for families displaced from southern Lebanon due to Israeli attacks.Once filled with students, the schoolyard is now a place for aid deliveries. Slides and swings sit empty. Clothes hang between windows. Inside the classrooms, desks have been pushed aside to make room for mattresses.Recommended Stories list of 4 itemsend of list“It’s very difficult,” said Aymane Malli, holding the hand of his five-year-old son, Jad. “But for me, it’s OK because I have to survive. I have…

Published On 24 Mar 202624 Mar 2026Gaza City – Palestinians in Gaza say the cost of electricity provided by private generators has surged, even as residents increasingly rely on them after Israel’s genocidal war on the enclave destroyed its public power network.With fuel supplies severely limited and prices at record highs compared with pre-war levels, the cost of electricity has risen sharply. The price per kilowatt-hour has increased from about 2.5 shekels ($0.80) to between 20 and 30 shekels ($7 and $10) – nearly 10 times higher – placing it beyond the reach of many households.Recommended Stories list of 3…

The move comes amid production disruptions linked to the US-Israeli war on Iran, which have affected Qatar.Published On 24 Mar 202624 Mar 2026QatarEnergy has ‌declared force majeure on some of ⁠its long-term liquefied natural gas (LNG) supply contracts, including ‌for customers ⁠in Italy, Belgium, South Korea ⁠and China.The move on Tuesday comes amid production and supply disruptions caused by the United States-Israeli war on Iran.Recommended Stories list of 3 itemsend of listForce majeure is a clause in contracts that allows a party to be excused from its obligations due to unforeseeable events. Petroleum companies in Kuwait and Bahrain have also…

Anthropic accuses Pentagon of unlawful retaliation over its refusal to loosen AI safety restrictions for military use.Anthropic and the administration of United States President Donald Trump are headed to court over the US Defense Department’s decision last month to cut ties with the artificial intelligence giant after it refused to allow unrestricted military use of its Claude AI model.The legal showdown begins Tuesday in San Francisco, where Anthropic will petition the court to halt a Pentagon-led ban enacted after the company refused to strip safety guardrails that prevent its artificial intelligence (AI) from being used for fully autonomous weapons and…

Tehran’s statement on opening of key waterway comes as US President Donald Trump says talks are taking place to end the war.Published On 25 Mar 202625 Mar 2026Iran has said that “non-hostile” ships may transit the Strait of Hormuz amid a collapse of maritime traffic through the waterway that has prompted the biggest global energy crisis in decades.In a statement on Tuesday, Iran’s mission to the United Nations said vessels may avail of “safe passage” through the waterway, “provided that they neither participate in nor support acts of aggression against Iran and fully comply with the declared safety and security…

Manila – Despite driving his jeepney through some of Metro Manila’s busiest neighbourhoods on a daily basis, Arturo Modelo, 52, only takes home about a third of the 600 Philippine pesos ($10) he would normally earn, as the cost of fuel has soared in the Philippines and his profits have diminished as a result.“I can’t even afford my kid’s lunch money,” he told Al Jazeera.Recommended Stories list of 4 itemsend of listLeaning on his jeepney, Modelo explained how he joined two days of transport strikes in Manila on Thursday and Friday because he wanted “a deaf government to listen”.Besides, he…

Crude prices continue to climb as world faces its biggest energy crisis in decades.

Prime Minister Anthony Albanese announces tax cut as the price of crude oil tops $116 a barrel.Published On 30 Mar 202630 Mar 2026Australia’s government will slash petrol and diesel taxes by half amid a surge in fuel prices prompted by the US-Israel war on Iran.Australian Prime Minister Anthony Albanese made the announcement on Monday as the international benchmark for crude oil rose above $116 a barrel, its highest level in nearly two weeks, amid escalation on multiple fronts of the conflict.Recommended Stories list of 4 itemsend of listSpeaking at a news conference in Canberra, Albanese said the fuel excise would be cut in half from April…