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Tehran Rocked by Renewed Israeli Strikes as Iran’s Leadership Council Assumes Control

  A woman reacts as she holds a placard with an image of Iranian late Supreme Leader Ayatollah Ali Khamenei, at a rally in solidarity with Iran after U.S. and Israeli strikes killed Ali Khamenei, in Beirut, Lebanon. Israel has launched another wave of airstrikes on Tehran, intensifying a rapidly escalating regional crisis just one day after the assassination of Iran’s Supreme Leader, Ali Khamenei. According to multiple reports, Israeli officials said the renewed strikes were intended to maintain air dominance as Iran faces its most significant leadership vacuum in decades.  The power void left by Khamenei’s killing has prompted Iran to activate a leadership council to stabilize governance. Inside the country, reactions have been sharply divided—some mourning the long‑time leader, others openly celebrating his death, revealing deep internal fractures.  The military confrontation has widened beyond Iran’s borders. Iran has retaliated with missile barrages targeting Israe...
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UK Manufacturing Faces Turbulent Times Amid Trade Challenges

British manufacturers are grappling with a challenging economic landscape as trade uncertainties and rising costs weigh heavily on the sector. The S&P Global UK Purchasing Managers' Index (PMI) for manufacturing fell to 44.9 in March, marking its lowest point since October 2023. This decline reflects a contraction in activity, with new export orders dropping at the fastest rate since August 2023.

The downturn has been attributed to multiple factors, including the threat of tariffs from the United States, increased payroll taxes, and a rise in the national minimum wage. Smaller manufacturers have been hit particularly hard, with many reporting a decline in new orders and reduced business optimism. Only 44% of manufacturers expect output to increase over the coming year, a significant drop from 56% in the previous month.

Geopolitical tensions and economic slowdowns in key markets such as the US and Europe have further compounded the challenges. Despite these headwinds, the services sector has shown resilience, offering a glimmer of hope for the broader economy.

The manufacturing sector now faces an uphill battle to regain momentum, with industry leaders calling for government intervention to address the mounting pressures.

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