Top World News
Yorkshire Water receives fresh funding despite sewage fines and pay row
Mar 9, 2026 - World 
Private equity group EQT to take 42% stake as supplier faces scrutiny over environmental record and CEO’s payBusiness live – latest updatesA leading European investor will pump fresh funding into Yorkshire Water including helping to cover a £600m loan, despite recent heavy sewage fines and a scandal over executive pay at the utility company.EQT, a Swedish private equity group, said on Monday it would take a 42% stake in Kelda Holdings, the Jersey-registered parent company of Yorkshire Water, which has 5.7 million customers across Yorkshire and parts of the East Midlands and Lincolnshire. Continue reading...
As spring war games begin in South Korea, economic nerves are frazzled by Middle East fallout
Mar 9, 2026 - World 
The annual spring war games involving South Korean and American forces began Monday against the backdrop of a very real conflict in the Middle East.
Markets rebound after Trump suggests war with Iran is nearing completion
Mar 9, 2026 - World 
The Group of Seven said Monday it would tap strategic oil reserves if necessary after oil prices surged above $100 per barrel, heaping pressure on President Trump to address the economic fallout from his war with Iran.
Hungary will set a price cap on gasoline and diesel, Orban says
Mar 9, 2026 - World 
Hungary's government will introduce a price cap on gasoline and diesel at fueling stations beginning at midnight local time, Prime Minister Viktor Orban announced on Monday.
'WTF?' Trump's Pentagon furious as ally blindsides it with major war escalation
Mar 9, 2026 - World 
Pentagon war planners were blindsided by the scope of Israeli strikes on Iran, sparking the first significant rift between the U.S. and Israeli militaries since the conflict began eight days ago.According to Axios, the Israeli Defense Forces destroyed an estimated 30 fuel depots during the offensive Saturday — far more extensive than what U.S. military officials expected when Israel provided advance notice of the strikes.A senior U.S. official bluntly stated, "We don't think it was a good idea." An Israeli official characterized the American reaction as: "WTF?"Pentagon strategists are concerned that destroying infrastructure serving ordinary Iranians could backfire strategically, potentially unifying Iranian society behind the regime while simultaneously driving global oil prices higher — a political liability Trump desperately wants to avoid."The president doesn't like the attack. He wants to save the oil. He doesn't want to burn it. And it reminds people of higher gas prices," a Trump adviser told Axios.The scale of the destruction has alarmed even Sen. Lindsey Graham (R-SC), a consistent war supporter. Graham posted on X: "Please be cautious about what targets you select. Our goal is to liberate the Iranian people in a fashion that does not cripple their chance to start a new and better life when this regime collapses. The oil economy of Iran will be essential to that endeavor."The disagreement between the allies is expected to be addressed at senior political levels as both nations confront the unintended consequences of the escalating air campaign.
