The United Arab Emirates has abruptly withdrawn from Opec, an organisation it joined before its 1971 statehood. This move, driven by the UAE's desire to increase oil production beyond Opec quotas, carries significant implications for global energy markets and regional power dynamics, particularly following recent US-Israeli military actions against Iran.
Executives from major social media platforms are attending a crucial meeting at Downing Street today to address concerns regarding children's online safety. The Prime Minister is pressing for greater accountability amidst a national consultation on potential age restrictions.
A federal jury has determined that Live Nation, owner of Ticketmaster, operated illegally as a monopoly, leading to inflated ticket prices and substandard service for consumers. The verdict could result in significant restructuring for the entertainment giant.
Chancellor Rachel Reeves has strongly criticised the US decision to enter military conflict with Iran, labelling it a 'mistake' and advocating for de-escalation to safeguard the global economy. Her comments highlight growing divergences between the UK and US on the conflict's strategy and economic repercussions.
