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According to Iran's Tasnim News Agency, citing Israeli media "Kan," Saudi Arabia attempted to persuade the United States to take military action against the Houthi rebels in Yemen, but Washington rejected Riyadh's request.

2026-08-30

According to Iran's Tasnim News Agency, citing Israeli media "Kan," Saudi Arabia attempted to persuade the United States to take military action against the Houthi rebels in Yemen, but Washington rejected Riyadh's request.

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2026-08-30

UK Chancellor Healy is weighing a windfall tax on banks and oil companies for her first budget. Treasury officials are discussing the measures as a way to plug a £4.7bn fiscal shortfall while avoiding direct increases in personal taxes. Healy is aimi

UK Chancellor Healy is weighing a windfall tax on banks and oil companies for her first budget. Treasury officials are discussing the measures as a way to plug a £4.7bn fiscal shortfall while avoiding direct increases in personal taxes. Healy is aiming for a low-key budget next month and for any unavoidable tax rises to be markedly smaller than those implemented under former chancellor Reeves.
2026-08-29

Prime Minister Burnham has abandoned two green levies pushed by former PM Starmer, indefinitely shelving plans to bring waste incineration facilities and domestic ports into the UK emissions trading scheme (ETS). The Department for Energy Security an

Prime Minister Burnham has abandoned two green levies pushed by former PM Starmer, indefinitely shelving plans to bring waste incineration facilities and domestic ports into the UK emissions trading scheme (ETS). The Department for Energy Security and Net Zero said the ETS expansion will be suspended indefinitely, and the Department for Transport said plans to charge ports for at‑berth emissions under the ETS are also dropped. Officials cited growing government concern that regulatory costs are adding to consumer prices and worsening household living standards. Officials now plan to levy a carbon emissions tax on shipping firms instead of port‑level ETS charges.
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