‘Stagflationary shock’ from Iran war a ‘nightmare’ as confidence crashes among Australian households

14/04/2026 02:12 The Guardian

Weakened economic activity, soaring fuel prices and rising inflation have created a horror scenario, RBA deputy governor saysFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastAndrew Hauser, the Reserve Bank of Australia’s deputy governor, says the “stagflationary shock” from the Iran war is a “central banker’s nightmare”, as confidence among Australian households crashed to its lowest level in years.Speaking at an event in New York on Tuesday morning AEST, Hauser said the RBA was “judging the balance” between the damage to the economy from “a big income shock” associated with soaring fuel prices, versus a sharp rise in inflation. Continue reading...

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Middle East crisis live: Hezbollah urges Lebanon to pull out of talks with Israel; blockade of strait of Hormuz begins

Hezbollah says it will not abide by agreements that result from the Lebanon-Israel talks in the US; Trump claims Iran wants to make a dealUS starts naval blockade of Iranian ports after deadline passesLebanon and Israel have not talked directly in decades – but the Iran war has upended the way we...

14/04/2026 03:56 The Guardian

Top US Senate Democrats again try for war powers resolution – as it happened

This blog is now closed – our live coverage continues hereCircling back to Donald Trump’s coming naval blockade, the US military said it would block all Iranian Gulf ports on Monday at 10am ET on Monday (5.30pm in Iran and 1400 GMT), effectively seizing control of maritime traffic in the strait...

14/04/2026 01:30 The Guardian

Australia news live: Coalition to restrict home deposit scheme under hardline immigration plan; war shock a ‘central banker’s nightmare’, RBA says

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14/04/2026 01:28 The Guardian

Ukraine war briefing: Hungary’s new leader says he would ask Putin to end the killing in Ukraine

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14/04/2026 01:10 The Guardian

US starts naval blockade of Iranian ports after deadline passes

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14/04/2026 00:23 The Guardian

I do not fear Trump, says Pope Leo after US president calls him ‘weak’

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13/04/2026 23:41 The Guardian

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13/04/2026 23:01 The Guardian

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13/04/2026 20:41 The Guardian

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13/04/2026 18:56 The Guardian

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13/04/2026 18:10 The Guardian

No joined-up approach, role of autism and parental failings: key points from Southport inquiry

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13/04/2026 16:55 The Guardian

EU relieved to see back of Orbán but Magyar’s Hungary may still present problems

Even if migration policy and lukewarm support for Ukraine will raise tensions, Hungary will now be arguing for its own interests rather than Russia’sWhat Magyar’s victory means for EU and HungaryEurope live – latest updatesIn Brussels, the relief was palpable after the defeat of Viktor Orbán,...

13/04/2026 16:38 The Guardian

Hungarian election winner Magyar vows to rebuild EU relationship after stunning defeat of Viktor Orbán - Europe live

The Tisza leader said the electorate voted ‘not just for a change of government but for a change of the regime’in BrusselsThe EU will start work with the new Hungarian government “as soon as possible” to make progress on issues including energy and the release of frozen European funds, the h...

13/04/2026 16:32 The Guardian

Renewed ties with EU needed to boost UK security and economy, says Starmer

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13/04/2026 16:31 The Guardian

Mark Ruffalo and Emma Thompson among 1,000+ signatories on open letter opposing Paramount’s Warner buyout

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13/04/2026 16:07 The Guardian

Israeli forces fire teargas at schoolchildren holding West Bank sit-in

Incident took place on first day back at school in small village, as settlers blocked pupils’ accessIsraeli forces have fired teargas at Palestinian schoolchildren who were staging a sit-in in the occupied West Bank after settlers blocked access to their school.The Israeli military said it had dis...

13/04/2026 15:51 The Guardian

Woman arrested for allegedly stalking Fleetwood Mac’s Lindsey Buckingham

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13/04/2026 15:35 The Guardian

French cement maker convicted of financing terror groups to keep its Syria plant working

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13/04/2026 15:20 The Guardian

Less pomp, more cosplay: Prince Harry and Meghan’s ‘faux royal’ Australian tour

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13/04/2026 15:00 The Guardian

Sussex baby deaths inquiry will fail to learn lessons after excluding families, Streeting warned

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13/04/2026 12:20 The Guardian

Elon Musk’s X cuts payments to users who post clickbait

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13/04/2026 11:55 The Guardian

Trump says US will blockade strait of Hormuz after Iran peace talks fail | First Thing

Tehran said the move would be a breach of the ceasefire. Plus, Viktor Orbán ousted in Hungarian election in blow to global far rightDon’t already get First Thing in your inbox? Sign up hereGood morning.Donald Trump has said the US will begin blockading the strait of Hormuz in an attempt to wrest...

13/04/2026 11:28 The Guardian

‘The perception is Carney is a wartime leader’: why Canada’s PM could secure a majority

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13/04/2026 10:00 The Guardian

Middle East war will leave UK households £480 worse off this year, says thinktank

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13/04/2026 09:51 The Guardian

Starmer confirms UK will not support US blockade of strait of Hormuz – UK politics live

PM says opening waterway is ‘vital’ as he rules out any UK involvement in US moves to blockade straitA typical household will be almost £500 worse off this year because of higher energy prices caused by the war in Iran, the Resolution Foundation thinktank has claimed.In a briefing, it says that...

13/04/2026 09:51 The Guardian

Monday briefing: Hungary chooses Péter Magyar over Viktor Orbán

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13/04/2026 05:47 The Guardian

Albanese calls on US and Iran to resume peace negotiations and reopen strait of Hormuz

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13/04/2026 04:29 The Guardian

Iran war could plunge 32 million into poverty, says United Nations

‘Development in reverse’ taking place involving rising energy and food costs and weaker economic growthMore than 32 million people worldwide could be plunged into poverty by the economic fallout from the Iran war, with developing countries expected to be hit hardest.In a report issued amid doubt...

13/04/2026 04:00 The Guardian

Hungarian opposition ousts Viktor Orbán after 16 years in power

Péter Magyar’s Tisza party wins election as prime minister concedes defeat, in result likely to reshape ties with EUMagyar set to outline Hungary plans –Europe live‘Hungary has chosen Europe’: EU leaders jubilant after Magyar’s victoryHungary’s opposition Tisza party, led by Péter Magy...

13/04/2026 02:36 The Guardian

Magyar celebrates as Orbán’s 16-year rule ends - as it happened

This live blog is now closed. You can read more about election night hereEurope correspondentNot a regular observer of Hungarian politics? We’ve got you. Continue reading...

12/04/2026 23:59 The Guardian

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