International
UK manufacturing industry shrinks at fastest rate in 11 months
Concerns remain about the outlook for global trade in 2025, with Donald Trump assuming the US presidency later this month having promised a slew of trade tariffs.
Yahoo!finance: British factory output contracted at the fastest rate in 11 months in December, amid a swathe of job losses, growing concerns about rising business taxes and a worsening global economy.
The S&P Global UK manufacturing PMI survey, watched closely by economists, recorded a reading of 47.0 in December, from 48.0 in November.
Any reading above 50 indicates activity is growing while any score below means it is contracting.
The rate of job cuts hit a 10-month high, the survey found, with firms saying weak market conditions caused many to reduce their headcounts.
Company confidence fell to a two-year low, meanwhile, amid concerns about inflationary pressures, rising business costs and potential weaker economic growth this year.
Manufacturers said they were concerned about future cost increases, partly driven by rising taxes announced by Chancellor Rachel Reeves last year.
Companies will pay more in national insurance contributions (NICs) from April, while the minimum wage is also set to rise, which will make it more expensive to employ people.
Firms also cited a weakening global economic outlook, as exports fell due to lower demand in Europe, Asia and the UK.
Concerns remain about the outlook for global trade in 2025, with Donald Trump assuming the US presidency later this month having promised a slew of trade tariffs.
Rob Dobson, director at S&P Global Market Intelligence, said: “A stalling domestic economy, weak export sales and concerns about future cost increases led to the steepest contraction of UK manufacturing production for almost a year in December.
“Manufacturers are facing an increasingly downbeat backdrop. Business sentiment is now at its lowest for two years as the new Government’s rhetoric and announced policy changes dampen confidence and raise costs at UK factories and their clients alike.
SMEs are being especially hard hit during the latest downturn.
“This is sending a winter chill through the labour market. December saw the sharpest cuts to staffing levels since February.
Some companies are acting now to restructure operations in advance of the rises in employer national insurance and minimum wage levels in 2025.”
International
Trump kicks off his ‘Board of Peace,’ as war clouds loom on Iran
Trump, who has sharply curtailed foreign aid, said that the United States would contribute $10 billion to the initiative whose goals include rebuilding Gaza, which was reduced to rubble by two years of war between Hamas and Israel.
Image credit : AFP
President Donald Trump on Thursday promised $10 billion for a new “Board of Peace,” an amorphous new institution focused first on Gaza that is being launched just as he threatens Iran with war.
While US warplanes and aircraft carriers headed toward Iran on his orders, Trump welcomed some two dozen allies from around the world to the gleaming Washington building of the former US Institute of Peace, which has been gutted and renamed after the 79-year-old Republican.
Trump, who has sharply curtailed foreign aid, said that the United States would contribute $10 billion to the initiative whose goals include rebuilding Gaza, which was reduced to rubble by two years of war between Hamas and Israel.
“Together we can achieve the dream of bringing lasting harmony to a region tortured by centuries of war, suffering,” said the realtor-turned-president, who has previously spoken improbably of building tourist resorts in Gaza.
Trump did not explain exactly where the money would go and his “Board of Peace” has drawn wide criticism for its opaque nature.
Trump will wield veto power over the “Board of Peace” and can remain its head even after leaving office, while countries that want to stay on permanently rather than enjoy a two-year stint will need to pay $1 billion.
In a rambling speech in which he denounced domestic opponents, highlighted stock market gains and hailed his prowess in endorsing foreign leaders during elections, Trump said he wanted to pursue more peace deals.
Crime
BREAKING: Bellarmine Chatunga Mugabe Arrested in Johannesburg After Alleged Shooting at Home
Bellarmine Chatunga Mugabe, the youngest son of the late former Zimbabwean President Robert Mugabe, has been arrested following a shooting incident at his residence in the upscale Hyde Park suburb.
According to reports from South African media outlets including eNCA and IOL, as well as Gauteng police investigations, an employee—described variably as a security guard or gardener—was shot during an apparent dispute at the property.
The victim is in critical condition and receiving medical treatment.Police responded to the scene, where Mugabe was reportedly taken into custody in connection with the shooting.
Some unconfirmed social media accounts and early reports mentioned police negotiators attending amid claims the suspect had barricaded himself, but he was subsequently arrested.
This marks the latest in a series of legal troubles for Bellarmine Chatunga Mugabe, who has previously faced charges related to assault in Zimbabwe, including incidents involving security personnel and law enforcement.
The investigation by the South African Police Service (SAPS) is ongoing, with more details expected as the case develops. Authorities have not yet released an official statement on charges or motives.
The incident has drawn significant attention online and in regional media, given the family’s prominent political legacy.
International
Five Critically Injured in Catastrophic Explosion at Upstate New York Church
A powerful explosion devastated the Abundant Life Fellowship Church in this rural community on Tuesday morning, February 17, 2026, leaving five people—including the church’s pastor and four firefighters—critically injured, authorities said.
The blast occurred around 10:25–10:30 a.m. at the church located on State Route 12 in the Town of Boonville, Oneida County, approximately 50 miles northeast of Syracuse. Emergency responders were initially dispatched after reports of a strong gas odor inside the building.
According to New York State Police, a preliminary investigation indicates that four individuals were in the church basement when the furnace activated, triggering the explosion.
A fifth person a firefighter was on the first floor attempting to ventilate the structure and was thrown against a wall by the force of the blast.
The injured have been identified as:
– Brandon Pitts, 43, pastor of Abundant Life Fellowship Church
– David Pritchard Jr., 60, Boonville Fire Chief
– Allan Austin, 67, Boonville Fire Department firefighter
– Nicholas Amicucci, 43, Boonville Fire Department firefighter
– Richard Czajka, 71, Boonville Fire Department firefighter
All five victims were transported to regional hospitals, including Upstate University Hospital and Wynn Hospital, where they remain in critical but stable condition.
The explosion caused catastrophic damage to the church building, which officials now consider “destroyed.”
Thick black smoke billowed from the site following the blast.
State police emphasized that there is no indication of criminal activity at this time, and the incident appears to stem from a propane or gas-related issue in the heating system.
The investigation is ongoing.Community members and first responder agencies have expressed support for the injured and their families as recovery efforts continue.
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