作者: admin

  • Asia stocks jump after Trump suggests Iran war could end in weeks

    Asia stocks jump after Trump suggests Iran war could end in weeks

    Global financial markets reacted with a sharp surge in Asian equities during Wednesday’s early trading session, driven by an unexpected announcement from former U.S. President Donald Trump that American military forces will complete their withdrawal from Iran within two to three weeks — regardless of whether a diplomatic agreement is reached with Tehran’s government.

    In early morning trading, Japan’s benchmark Nikkei 225 index climbed by nearly 4 percentage points, while South Korea’s primary Kospi index jumped more than 6%. Despite this significant upward movement, both major regional indexes remain below their pre-conflict levels, prior to the outbreak of the Iran war on February 28.

    While equities gained ground, oil markets continued to edge upward: June-delivery Brent Crude, the global benchmark for oil pricing, traded 1.2% higher at $105.36 per barrel, equal to approximately £79.61. This uptick follows a historic monthly surge in May-delivery Brent during March, when the contract jumped 64% — its largest one-month gain in more than three decades. That spike came after Iran threatened to block all commercial shipping through the Strait of Hormuz, a critical chokepoint that carries roughly 20% of the world’s daily oil supply.

    Speaking from the Oval Office on Tuesday, Trump told reporters that Iran is “begging to make a deal” to end the conflict, but added that reaching an agreement is “irrelevant” to the United States’ planned withdrawal timeline.

    Hours before Trump’s statement, Iranian President Masoud Pezeshkian confirmed that his administration holds the “necessary will” to reach a negotiated end to the war, but outlined that Tehran requires concrete security guarantees to prevent future cross-border aggression from resuming.

    For context, global oil pricing relies on monthly futures contracts, where buyers agree to purchase crude at a set price for future delivery. When futures prices rise, the increase is almost always passed through to consumers in the form of higher gasoline, diesel, and jet fuel prices, as oil is a core input for nearly all global transportation and manufacturing activity.

    Goh Jing Rong, an energy markets analyst at Singapore Management University, explained that the March 2025 price surge was the largest single monthly jump for Brent crude since the 1990 Gulf War, when Iraq’s invasion of Kuwait removed both countries’ production from global markets and triggered a historic energy supply shock. Goh added that the current rally is driven overwhelmingly by market fear: the threat of a full shutdown of the Strait of Hormuz has created widespread anxiety over potential global supply disruptions.

    “Prices have also been pushed up by growing concerns over rising insurance premiums for oil tankers traversing the region, and the vulnerability of other critical shipping waterways in the Middle East,” Goh added.

    In recent days, the escalation of conflict has widened after Iran-backed Houthi militants in Yemen entered the conflict, raising new fears that the group could disrupt commercial shipping through the Red Sea, another key global trade route for energy and goods.

    Ole Hansen, head of commodity strategy at Danish investment bank Saxo Bank, noted that another factor pushing prices higher is aggressive bidding from oil refiners, who are rushing to build inventory and boost production amid widespread global shortages of jet fuel and diesel. “Refiners are competing to lock in crude supplies to meet existing demand gaps, which is putting additional upward pressure on benchmark prices,” Hansen explained.

    The current conflict has hit Northeast Asian economies particularly hard: both Japan and South Korea rely heavily on imported energy from the Middle East, leaving them more exposed to supply disruptions and price spikes than most other developed economies.

  • It’s happening: historic Moon mission set for launch

    It’s happening: historic Moon mission set for launch

    Nearly 52 years after humanity’s last crewed trip to the Moon, NASA’s groundbreaking Artemis 2 mission stands on the cusp of launch, carrying four astronauts to make history as the first crewed lunar voyage since 1972. After years of planning, multiple delays and technical setbacks have pushed the mission from its original February launch window to its targeted liftoff at 6:24 pm ET (2224 GMT) on April 1 from NASA’s Kennedy Space Center in Florida.

    The four-person crew includes three NASA astronauts — mission commander Reid Wiseman, pilot Victor Glover, and mission specialist Christina Koch — plus Canadian Space Agency astronaut Jeremy Hansen. Over the course of a roughly 10-day expedition, the crew will fly a circumlunar trajectory, orbiting the Moon without landing, echoing the path of NASA’s 1968 Apollo 8 mission. This journey carries multiple historic firsts: Glover will become the first person of color to travel to the Moon, Koch the first woman, and Hansen the first non-U.S. citizen to join a lunar mission.

    Artemis 2 also marks the inaugural crewed flight of NASA’s powerful new Space Launch System (SLS), a massive orange-and-white rocket built to enable repeated U.S. missions to the lunar surface in the coming decades. The long-term goal of the Artemis program is to establish a permanent lunar outpost that will serve as a launchpad for future deep space exploration, most notably a crewed mission to Mars.

    Speaking at a press conference over the weekend, Koch framed the Moon as an invaluable scientific resource: “The moon is a witness plate to our entire solar system’s formation. It’s a stepping stone to Mars, where we might have the most likelihood of finding evidence of past life, but it’s also a Rosetta Stone for how other solar systems form.”

    After multiple scheduling delays that required rolling the massive rocket back to its assembly hangar for technical inspections and repairs, NASA leadership says all systems are go for launch. “The vehicle is ready, the system is ready. The crew is ready,” Amit Kshatriya, NASA’s associate administrator, told reporters at a recent briefing. As of Tuesday afternoon, agency officials confirmed that final pre-launch engineering preparations were progressing on schedule, and forecasters are predicting generally favorable weather conditions for Wednesday’s attempt.

    If the launch is scrubbed on Wednesday, backup launch windows remain available through April 6, though weather conditions are expected to become slightly less favorable later in the week. Launch weather officer Mark Burger noted Tuesday that meteorologists are monitoring scattered cumulus clouds, possible light showers, and gusty winds, but added that none of the potential weather hazards are expected to be severe enough to fully rule out launch. “We should be able to find some clear air to launch Artemis,” Burger said.

    Thousands of space enthusiasts have traveled to Florida from across the country to witness the historic launch, including 76-year-old Melinda Schuerfranz, a retiree from Ohio who watched earlier Apollo launches from afar decades ago. “We’re looking forward to it, we’ve never seen anything like this,” Schuerfranz told AFP, while relaxing on a Florida beach. She noted that public interest is already widespread at local businesses, but reflected that the cultural moment may feel less unified than the Apollo era, when nearly all Americans tuned in for lunar launches: “I think it was way more exciting then. Everybody tuned into it.”

    Despite the momentum ahead of Artemis 2, the broader Artemis program has long been plagued by costly delays and ballooning budgets. The program is under political pressure to meet the target of landing the first woman and first person of color on the lunar surface by early 2029, the end of a second presidential term if former president Donald Trump wins re-election in 2024. The primary objective of Artemis 2 is to validate the performance of the SLS rocket and the Orion crew capsule in deep space, clearing the way for the 2028 landing mission.

    That 2028 landing deadline has drawn skepticism from many space policy experts, in large part because NASA is counting on private sector development of a human-rated lunar lander. Two competing lander designs are currently under development by private companies led by billionaires Elon Musk and Jeff Bezos, and the program’s timeline hinges on these projects staying on schedule.

    In the broader global context, the U.S. return to the Moon is widely framed as a space race with China, which has its own crewed lunar landing program targeted for 2030. For new NASA administrator Jared Isaacman, the Artemis program pursues overlapping goals spanning scientific discovery, national security, and commercial economic opportunity, as well as intangible cultural benefits. “I guarantee after these astronauts fly around the moon, you’re going to have more kids dressing up as astronauts for Halloween,” Isaacman said during a recent television interview. “And that’s going to inspire the next generation to take us further.”

  • Apartment approvals soar 191pc as Australia faces rate rises

    Apartment approvals soar 191pc as Australia faces rate rises

    Australia’s new residential construction sector saw a dramatic jump in project approvals during February, even in the face of consecutive central bank interest rate hikes, though the country continues to fall short of its ambitious national housing supply goal, new official data shows.

    New statistics released by the Australian Bureau of Statistics (ABS) reveal that total dwelling approvals climbed 29.7% month-on-month in February, hitting 19,022 projects. The strong uptick was driven almost entirely by multi-unit developments: raw data shows apartment approvals skyrocketed 191.2% to 5,398 units, marking a 29.8% annual increase compared to February 2023. Townhouse approvals also rebounded sharply, rising 73.8% to 2,981 dwellings after a 38.7% drop in January.

    Despite the monthly surge, experts warn the overall pace of new home development is still not enough to meet the targets set out in the National Housing Accord, which aims to build an extra 1 million new homes over five years to address critical national supply shortages. To hit this goal, Australia needs to approve and complete roughly 20,000 new homes every month, but long-term approval trends remain well below this benchmark.

    AMP senior economist My Bui noted that monthly approval data is notoriously volatile, so a longer-term perspective offers more accurate insight into the sector’s trajectory. Looking across a longer timeframe, annualized approval levels have held steady around 196,000 new homes per year. While this volume roughly balances demand amid the current slowdown in population growth, it falls far short of the 240,000 annual approvals needed to make up for the cumulative supply shortfall that built up during the rapid population growth of 2023 and 2024. Bui added that completion rates have also failed to pick up as projected, remaining flat rather than following the upward trend that earlier approval numbers suggested would emerge by 2025.

    Notably, February’s approval surge occurred even after the Reserve Bank of Australia (RBA) implemented a 25-basis-point cash rate hike that pushed the benchmark rate to 3.85% that month. The central bank followed with another 25-basis-point increase in March, lifting the cash rate to 4.10%, and financial markets broadly expect another rate hike when the RBA’s board meets again in May.

    Beyond project approvals, the total value of the nation’s residential development pipeline also hit a new record high in February. Total combined approval value across all construction types reached $20.43 billion, representing a 14.4% annual increase. Residential construction alone accounted for most of the growth, jumping 30.8% to an all-time high of $12.5 billion, with new home builds rising 35.9% to $11.21 billion. That growth was partially offset by a 1.2% dip in renovation and extension project approvals, which fell to $1.29 billion. Non-residential construction, including offices, retail spaces and industrial facilities, also saw a 4.4% drop in approvals to $7.93 billion, following an unusually strong performance in January.

    As the development pipeline grows, national property market data indicates the sector has hit a clear turning point in its current cycle, with rising interest rates beginning to temper the rapid home price growth seen over the past two years. New figures from property analytics firm REA Group show national median home prices rose just 0.3% in March, pushing the national median value to $908,000. While that leaves prices 9.4% higher than one year ago – a gain of roughly $94,800 for the median property – the pace of growth has slowed significantly.

    REA Group senior economist Eleanor Creagh explained that slowing price growth confirms a clear shift in market momentum, as rising borrowing costs weigh on buyer activity. “Recent rate rises will weigh on buyer sentiment, borrowing capacity, and erode already poor affordability,” she said. However, Creagh noted that persistent supply shortages are preventing prices from falling, even as interest rates rise. A resilient national labor market, ongoing population growth, and targeted support for first-time home buyers continue to keep demand strong against a backdrop of severely limited available housing stock, she added.

  • War in the Middle East: latest developments

    War in the Middle East: latest developments

    Fifty-five minutes ago, Agence France-Presse compiled the most recent round of developments in the ongoing Middle East war, a conflict that has entered its fifth week of active combat between the US-Israeli alliance and Iranian-aligned groups, sending ripples across global politics, energy markets and international diplomacy.

  • Middle East war: global economic fallout

    Middle East war: global economic fallout

    The ongoing conflict in the Middle East has triggered widespread economic disruptions across continents, reshaping energy markets, straining national energy reserves, and driving volatile swings in global financial systems in recent weeks. While diplomatic signals of a potential de-escalation have temporarily calmed market jitters, the tangible damage to critical energy infrastructure and persistent supply chain risks continue to pressure economies worldwide.

    On Wednesday, global financial markets posted sharp gains following two consecutive days of upward momentum, driven by remarks from key leaders hinting at a possible end to hostilities between Iran and Western-backed forces. U.S. former President Donald Trump indicated that the conflict could wrap up within approximately two weeks, while Iranian President Masoud Pezeshkian confirmed Tehran holds the political will to reach a ceasefire with Israel and the United States – though he emphasized the need for ironclad guarantees to prevent future outbreaks of violence. The upbeat diplomatic signals sent Asian stocks soaring: Japanese and South Korean benchmark indexes jumped in early morning trading, following a massive rally on Wall Street a day earlier that saw the blue-chip Dow Jones Industrial Average close up 2.5%, and the technology-focused Nasdaq Composite surge 3.8%. Oil prices also pulled back from recent multi-year highs on the ceasefire hopes, though benchmark crude still held firmly above the $100 per barrel threshold, underscoring persistent supply uncertainty.

    Beyond market volatility, the conflict has already inflicted permanent damage to critical regional infrastructure. Iranian state media reported this week that a major desalination plant on Qeshm Island, located near the strategically vital Strait of Hormuz – the chokepoint through which roughly 20% of global oil supplies transit daily – has been completely knocked out of service by targeted strikes. Health ministry official Mohsen Farhadi told Iran’s ISNA news agency that the facility cannot be repaired in the short term, cutting off a key source of fresh water for the island’s population. Separate reports confirmed an Iranian attack ignited a fire on the Al Salmi, a 332-meter Kuwaiti-flagged crude tanker docked at Dubai’s port. No casualties were reported, and Dubai fire crews successfully extinguished the blaze within hours, but the incident highlighted the growing risk to commercial shipping in the region.

    Geopolitical risks have also disrupted transit for global shipping operators. China’s foreign ministry announced Tuesday that three Chinese-registered vessels have successfully completed transit out of the Strait of Hormuz, with assistance from unspecified relevant parties. Tracking data confirms two container ships operated by Chinese shipping giant Cosco made the passage on Monday, though Beijing has not released any details on the identity or status of the third vessel.

    The economic fallout of the conflict is already being felt far beyond the Middle East, with consumer prices and energy policy being upended across Europe, Africa, and Asia. In the Eurozone, March inflation climbed to 2.5% – the highest reading recorded since January 2025 – driven almost entirely by skyrocketing energy costs tied to Middle East supply disruptions. According to Jean Maynier, head of global maritime analytics firm Kpler, Asian economies face the most severe impact, with the region already sliding toward a full-blown energy crisis. Maynier told Agence France-Presse that Asian nations do not hold enough domestic energy reserves to offset the gap left by disrupted Middle Eastern supplies, noting that shortages will be felt across both large emerging economies like China and smaller developing nations including the Philippines and Indonesia.

    To cope with the looming shortages, governments across the Global South have already implemented emergency energy conservation measures. Indonesia became one of the first major Asian economies to announce fuel rationing this week, alongside a mandatory work-from-home order for all civil servants, as the country moves to preserve existing energy stockpiles amid global price hikes. Jakarta has also ruled out any immediate fuel price increases, despite growing pressure on the national budget from the conflict. In East Africa, Ethiopia announced that it would prioritize fuel allocations for essential goods transport and public transit vehicles, as widespread shortages linked to the conflict grip the country. South Asia has seen even more drastic action: Sri Lanka this week announced a nearly 40% increase in electricity prices, effective Wednesday, to offset energy shortages stemming from the Middle East war. This marks the third fuel price hike the country has implemented this month, bringing total increases to more than 33%, and Sri Lanka has already moved to a four-day working week for public employees to cut overall energy consumption.

  • US Army pilots who flew near Kid Rock’s home suspended and then reinstated within hours

    US Army pilots who flew near Kid Rock’s home suspended and then reinstated within hours

    A recent incident involving two U.S. Army Apache helicopter crews and a high-profile conservative entertainer has sparked new debate over military conduct and political alignment, after Defense Secretary Pete Hegseth abruptly reversed a temporary suspension of the personnel just hours after it was announced. The controversy began on March 28, when two AH-64 Apache helicopters from the 101st Combat Aviation Brigade, stationed at nearby Fort Campbell, hovered low over the Tennessee property of Kid Rock, a renowned musician and outspoken supporter of President Donald Trump.

    Kid Rock, born Robert Ritchie, shared a video of the encounter on social media over the weekend. The clips show the artist standing poolside beside a mini Statue of Liberty replica, saluting the passing aircraft at his sprawling estate, which he has nicknamed the “Southern White House.” His social media caption combined a patriotic message honoring fallen U.S. service members with a verbal jab at California Democratic Governor Gavin Newsom, who has had public conflicts with both Kid Rock and Trump.

    After the video spread widely online, the U.S. Army announced Tuesday morning that it had temporarily pulled the two flight crews from active duty pending an investigation into whether the flyby violated federal flight regulations and military operating standards. “The Army takes any allegations of unauthorized or unsafe flight operations very seriously and is committed to enforcing standards and holding personnel accountable,” Army Major Montrell Russell told the BBC in an early statement.

    But within hours of the suspension announcement, Defense Secretary Hegseth stepped in to reverse the decision, announcing on social media that the crews would face no punishment and no formal investigation. “No punishment. No Investigation. Carry on, patriots,” Hegseth wrote. Kid Rock told local Nashville outlet WKRN-TV that low-altitude flights near his property are far from unusual, noting he has a long history of entertaining troops at Fort Campbell and on overseas deployments. “I think they know this is a pretty friendly spot,” he said. “I’ve talked to some of these pilots. I’ve told them, ‘You guys see me waving when you come by the house?’ I’m like, ‘You guys are always welcome to cruise by my house, any time.’”

    When asked about the incident during a White House press interaction Tuesday, President Trump struck a mixed tone, at first joking that “maybe they were trying to defend him.” He acknowledged that the unapproved flyby likely violated military rules: “probably shouldn’t have been doing it. You’re not supposed to be playing games,” he told reporters in the Oval Office. The president added, however, that he shares the crews’ positive view of the entertainer: “They like Kid Rock. I like Kid Rock.” Kid Rock has long held a high profile in conservative politics, most recently headlining an alternative Super Bowl halftime event for the right-wing organization Turning Point USA and speaking at the 2024 Republican National Convention. The BBC has reached out to the U.S. Army for additional comment following Hegseth’s reversal of the suspension.

  • Steam-cleaner with non-compliant power adaptor recalled over risk of death

    Steam-cleaner with non-compliant power adaptor recalled over risk of death

    Australia’s consumer safety watchdog has issued an urgent public recall and warning for a widely sold portable steam cleaner linked to severe, potentially fatal hazards including electric shock, burns and fire. The Australian Competition and Consumer Commission (ACCC) Product Safety Department announced the recall after testing confirmed the bright yellow “portable electric high pressure” steam cleaner sold by online retailer Ozstock fails to meet the country’s mandatory national electrical safety standards.

    The dangerous non-compliance centers on the device’s power adapter, a core component that allows the unit to draw household electricity. Manufactured in China, the recalled steam cleaners were distributed and sold to customers across all Australian states and territories via the Ozstock online platform between September 28, 2023, and March 19 of this year. ACCC documents note the product had been listed for sale on the platform for multiple years before safety concerns prompted the recall order, leading to widespread distribution among Australian households.

    In addition to electrical risks, the ACCC warns the faulty device poses direct threats of death, serious injury, and property damage from uncontrolled fire or accidental burns. The regulator has issued clear guidance for all consumers who may have purchased the product: stop using the device immediately, and store it in a secure location completely out of reach of children to prevent accidental exposure to hazards.

    Digitel International, the official Australian supplier of the recalled steam cleaners, has committed to providing a full refund to all customers who properly and safely dispose of their faulty units. Consumers who own the product are encouraged to reach out directly to Digitel International to arrange for their refund and confirm safe disposal protocols. The ACCC is also urging consumers who bought portable steam cleaners from Ozstock in the specified time frame to check their product against the recall description to confirm if they own the hazardous unit.

  • Billion-plus people, three million officials, 33 questions – India begins huge census

    Billion-plus people, three million officials, 33 questions – India begins huge census

    On Wednesday, India officially kicked off the largest population enumeration exercise in global history, marking the first full national population count the country has conducted in over 15 years. What began as a routine decennial survey scheduled for 2021 was delayed first by the COVID-19 pandemic, and later pushed back further by administrative and electoral logistics — the first time India has missed its decennial census schedule in modern history.

    When complete, this 12-month, two-phase initiative will have counted every single one of India’s more than 1.4 billion residents, carried out by a team of more than 3 million trained enumerators across 36 states and union territories, covering more than 640,000 villages, 9,700 towns and 7,000 sub-districts. Most field workers are drawn from existing public sector ranks, including schoolteachers, local government officials and state administrative staff.

    Today, India holds the title of the world’s most populous country, having overtaken China in total population in 2023 according to United Nations Population Fund estimates. Even with gradually falling national fertility rates, the country retains its status as one of the world’s youngest major nations, with a median population age of just 28 and nearly 70 percent of its population falling within the working-age bracket.

    This 16th national census, the eighth conducted since India gained independence from British colonial rule in 1947, marks a major milestone in the evolution of the country’s data collection efforts. For the first time ever, the entire operation will leverage digital infrastructure: enumerators will use custom mobile applications to collect and submit data in real time, and authorities have introduced a new self-enumeration option that allows residents to submit their own details via a multilingual online portal that generates a unique verification ID for census workers to confirm.

    The rollout will proceed in staggered phases. An initial pilot launch across selected regions including Andaman and Nicobar Islands, Delhi, Goa, Karnataka, Mizoram and Odisha will open with self-enumeration running from April 1 to April 15, followed by the first national phase of data collection: the House Listing and Housing Census, to be completed between April 16 and May 15 in these pilot areas. This first phase of the national operation gathers 33 core points of data covering housing type, access to basic amenities, household assets and household structure, covering questions ranging from roofing material to primary cereal consumption to internet access and the number of married couples residing in a single home. The second phase, full population enumeration scheduled for February 2027, will collect granular demographic data on education, migration history, fertility rates, and for the first time in decades, will include full caste enumeration — a long-debated and politically sensitive topic in Indian public life.

    The scope and structure of India’s census has evolved steadily since its colonial origins, reflecting shifting administrative and policy priorities across the decades. The first attempted nationwide census in 1872 included just 17 questions, focused almost entirely on recording basic household structure and core identity markers such as age, religion, caste and occupation. The first fully synchronized nationwide census followed in 1881, establishing a core template of identity markers, social classifications, and basic questions around literacy and disability. Over the early 20th century, questions on occupation, language and literacy were refined to capture more nuanced details, including secondary employment and economic dependency. By 1941, the survey had expanded to 22 questions, shifting from purely identity tracking to capturing how Indians lived, adding new metrics for fertility, employment status, economic dependency, migration and job search that signaled a growing policy focus on economic outcomes.

    After independence, the scope expanded further: the 1951 and 1961 censuses added questions on nationality, displacement from the 1947 Partition, land ownership and expanded employment categories. From the 1970s onward, the census adopted an explicitly socio-economic focus, adding standard questions on migration history, duration of residence, detailed fertility patterns and granular employment classifications. The 2001 and 2011 rounds adapted to India’s rapid modernization, adding tracking for commuting patterns, distinctions between marginal and full-time work, school attendance and more detailed disability and fertility data. The 2026 round continues this evolution, updating social classifications to recognize changing relationship norms: couples in live-in relationships may now be recorded as married if they self-identify their relationship as a stable union, a quiet shift toward acknowledging evolving social realities across the country.

    As the scope of data collection has expanded, so too have public and expert concerns over data use and potential misapplication. Some analysts note that prior efforts to build centralized national databases including the National Population Register, alongside intensive revisions to national electoral rolls, have stoked public anxieties that population counting could be tied to citizenship verification and exclusion.

    “Although the census has nothing to do with citizenship, this can create anxiety, prompting some families to over-report or list absent migrant members during the census to avoid any perceived exclusion,” explained KS James, an Indian demographer affiliated with Princeton University.

    Beyond these public concerns, experts emphasize a more fundamental policy gap that the census is set to address: for 15 years, India has crafted national policy without an updated full population baseline. In the absence of a fresh enumeration, policymakers have relied on sample surveys to track everything from consumption expenditure to labor force trends, with the national statistics ministry working to maintain broad representativeness, but gaps remain.

    For Ashwini Deshpande, an economist at Ashoka University, the census does more than count people: it updates the basic geographic and social map of India itself, reclassifying areas as rural, urban or the fast-growing peri-urban category that has emerged alongside rapid economic growth. Most current geographic classification still relies on 2011 census data, even though decades of urbanization have blurred traditional boundaries that shape how policy is targeted.

    “That has real consequences for India’s vast welfare and public spending system,” Deshpande noted. If program eligibility relies on outdated or inaccurate geographic and population data, the number of eligible beneficiaries can be wildly misjudged, distorting service and fund delivery. For example, the Mahatma Gandhi National Rural Employment Guarantee Act, the country’s flagship rural jobs scheme, depends on accurate definitions of which areas count as rural — a classification that has shifted dramatically across 15 years of rapid development.

    Without up-to-date full population data, millions of urban migrant workers, most of whom work in informal sectors and live in informal housing, remain undercounted in policy design — a gap that was starkly exposed during the height of the COVID-19 pandemic when millions of workers were left without access to state support.

    “This census is crucial — it is the definitive snapshot of India, capturing everything from caste and religion to jobs, education and amenities, and offering the most complete picture of how the population lives,” Deshpande said.

  • Golden toilet statue mocks Trump near renovated White House

    Golden toilet statue mocks Trump near renovated White House

    A provocative pop-up art installation has sparked public intrigue and political satire has drawn crowds in Washington DC just blocks from the newly renovated White House: a gold-painted toilet, styled as a mocking ‘royal throne’ for former and current President Donald Trump.

    Crafted with the same over-the-top faux marble finish that Trump has become famous for favoring in his personal and public design choices, the installation features a prominent plaque reading “A throne fit for a king.” The work was created and deployed by Secret Handshake, an anonymous guerrilla art collective that has become known for placing provocative temporary sculptures across the US capital over the past 12 months.

    When the installation debuted on Tuesday near the Lincoln Memorial, it immediately drew long lines of curious tourists and critical Trump opponents, all waiting for a chance to see and photograph the satirical piece. Among the visitors was 78-year-old Nancy Chase, who told Agence France-Presse she traveled specifically to Washington to snap photos of the golden toilet, citing her opposition to Trump as her core motivation.

    The satire comes amid a sweeping redesign of White House spaces that Trump has overseen during his second term in office, which have all bear his distinctively opulent aesthetic. The Oval Office now features extensive gold decorative accents, the traditionally understated elegant Rose Garden has been repaved, and the entire East Wing was demolished to clear space for a sprawling new grand ballroom. Beyond architectural changes, Trump has increasingly centered his own brand and image across Washington: his name already adorns the Kennedy Center for the Performing Arts in massive lettering, and a new official coin featuring his likeness is set to enter circulation soon.

    For many visitors who came to see the golden toilet, the work feels like a perfectly timed critique of Trump’s public persona. William Hoker, a 69-year-old retiree who biked to the installation site, called the piece a fitting characterization of the sitting president. “I wanted to see this statue before it disappeared, and I think it epitomizes perfectly the guy in the White House, he’s just a vulgar display,” Hoker explained to AFP. His friend Steve Toulotte echoed that sentiment, noting that political satire aimed at the president serves an important public purpose.

    This is not the first provocative work from Secret Handshake. Over the past year, the collective has placed multiple unauthorised temporary sculptures across Washington, including one that depicted Trump alongside his late disgraced associate, convicted sex offender Jeffrey Epstein.

  • At gas stations, Americans say they’re ‘paying the price’ of Iran war

    At gas stations, Americans say they’re ‘paying the price’ of Iran war

    Across U.S. gas stations from the Washington suburbs to New Jersey, American drivers are grappling with the immediate, painful domestic fallout of the ongoing conflict with Iran, as skyrocketing fuel costs squeeze already strained household budgets and send ripples of uncertainty through the broader national economy.

    On Tuesday, industry data from the American Automobile Association (AAA) confirmed that the national average price for a gallon of regular unleaded gasoline breached the widely watched $4.00 threshold. The figure marks a staggering 35% jump in fuel costs since the outbreak of hostilities following U.S.-Israeli strikes on Iran, leaving everyday consumers reeling from the sudden spike.

    At the Liberty gas station located along a busy commercial corridor in Falls Church, Virginia — just steps from an Anglican church, a local auto repair shop, and a dental practice — prices already start at $3.79 per gallon for customers paying with cash, with premium rates adding an extra surcharge for debit and credit card users. A short distance down the same road, some stations are charging as much as $4.25 per gallon.

    Eighty-three-year-old Jeanne Williams, a retired civil servant in active cancer treatment who drove 100 miles from Richmond, Virginia to visit her older sister, voiced shock at the prices displayed on the station’s LED billboard. “That is horrible,” she said, describing her reaction to the new rates. “I’m not angry. I’m just bewildered, confused, unhappy, because we didn’t ask for this war.” Though Williams calls her pension “fairly decent”, persistent U.S. inflation and rising fuel costs have forced her to draw down personal savings to cover basic expenses. “Luckily, I have no children, I don’t have a spouse, so it’s just me — and whatever I have, I share to help my sister,” she explained.

    While U.S. inflation has cooled from its 9.1% pandemic-era peak, core prices have remained stubbornly elevated, and economists warn the world’s largest economy has yet to achieve sustained price stability. Years of above-trend price growth have already eroded household purchasing power across the country, and the sudden fuel surge threatens to deepen that financial pressure.

    Eliza Winger, a U.S. economist at Bloomberg, noted that higher pump prices extend far beyond immediate pain at the station: they drag down overall consumer spending, creating cascading risks for economic growth. “We estimate that a 10% increase in oil prices reduces real consumer spending by approximately 0.2 percent,” Winger explained. Since the outbreak of the Iran conflict, U.S. fuel prices have risen more than three times that 10% threshold, pointing to a potentially significant hit to consumer activity in coming months. Fresh consumer confidence data released Tuesday underscored this unease, showing that U.S. inflation expectations surged in March to levels not seen in seven months.

    Twenty-six-year-old Luis Ramos, a New York City resident who spoke to AFP at a New Jersey gas station, said the new price hikes come on top of already unsustainable cost of living increases. “It’s ridiculous, honestly. Seeing these gas prices skyrocket, it’s incredible. The cost of living is already skyrocketing,” he said.

    For David Lee, a 39-year-old anesthesiologist who fills up his tank twice a week near Washington, every stop now costs roughly $10 more than it did just weeks ago. Though his income allows him to absorb the extra cost, he says many of his friends have already changed their behavior to cut costs. “I’ve seen a lot of my friends complaining about it that they’re not gonna drive as much as they used to,” he noted.

    Seventy-seven-year-old Joseph Crouch, a Vietnam War veteran who uses a cane, is among those who have scaled back driving to manage expenses. “It’s ridiculous. The prices are so high. I don’t think government is knowing what it is doing,” he said. Echoing a sentiment shared by many consumers interviewed, he argued, “We are paying the price of the war. They are trying to say it’s something else, but it’s definitely a war.” Seventy-eight-year-old Fred Koester echoed that frustration, calling the conflict a “stupid war” that was “totally unnecessary.”

    Not all perspectives aligned on public frustration, however. Kristen, a 36-year-old teacher who declined to share her last name, acknowledged that higher fuel prices cause real hardship, but argued it is “selfish” for Americans to only protest the conflict once it begins impacting their personal finances. “We should have cared long before it affects our pocket,” she said.