Global economic risks ‘could eclipse anything since second world war’, says JP Morgan boss

In annual letter to investors, Jamie Dimon warns ‘wars in Ukraine and Middle East could become far worse’

The boss of the US bank JP Morgan has warned that the world could be facing the most dangerous moment since the second world war, putting lives and economic growth at risk.

In his annual letter to investors, Jamie Dimon said the world had been “generally on a path to becoming stronger and safer” in recent years but had suffered a major reversal in February 2022 when Russia invaded Ukraine.

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Russia and Ukraine trade blame over Zaporizhzhia nuclear plant drone strike

Watchdog condemns ‘reckless’ attack after inspectors find damage at Russian-controlled power station

Russia and Ukraine have each accused the other of launching kamikaze drones at the Zaporizhzhia nuclear power plant in an incident condemned by the International Atomic Energy Agency for recklessly endangering safety.

The nuclear watchdog said onsite inspectors had seen the damage caused by drone detonations at three locations, including “superficial scorching” at the top of the roof of reactor 6, although it said its structural integrity was not compromised.

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Russia-Ukraine war: Operators say another drone downed at Zaporizhzhia nuclear plant – as it happened

Russian-controlled power station says drone shot down over roof over reactor number six, which is currently shut down

The head of the International Atomic Energy Agency (IAEA) has condemned a drone strike on one of six nuclear reactors at the Russian-controlled Zaporizhzhia nuclear power plant in Ukraine. “This cannot happen,” director general Rafael Grossi wrote on a social media post, adding, “No one can conceivably benefit or get any military or political advantage from attacks against nuclear facilities. This is a no go.”

The Kremlin continues to blame Ukraine for the attacks on the Zaporizhzhia nuclear power station, calling them “very dangerous”, but a senior Ukrainian intelligence officer has denied Kyiv’s involvement. The Guardian is unable to independently verify either account.

Russian Foreign Minister Sergei Lavrov arrived in Beijing on Monday to display the strength of ties with close diplomatic ally China, amid Moscow’s war against Ukraine. Despite its backing of Russia in the Ukraine war, China’s foreign ministry spokesperson Mao Ning told reporters Monday that “China has an objective and fair position on the Ukraine issue … We have been actively promoting peace talks and political solutions. China is not a creator or party to the Ukraine crisis, and we have not and will not do anything to profit from it.”

The US Treasury Secretary has threatened sanctions on China’s banks which aid Russia’s military capacity, amid Russia’s diplomatic visit to China. She told reporters, as she wrapped up four days of talks with China, that “any banks that facilitate significant transactions that channel military or dual-use goods to Russia’s defence industrial base expose themselves to the risk of US sanctions.”

The Kremlin has warned that a planned German military presence in Lithuania would escalate tensions. The Nato military alliance and EU member Lithuania, which borders Russia and its ally Belarus, said earlier it would partly finance permanently hosting of 5,000 German troops from 2027.

More than 10,400 homes across Russia have been flooded, triggering record water levels in the Ural mountains, Russia’s emergency ministry have said. “An increase in air temperatures, active snow melt and river openings are predicted,” Russia’s emergency ministry said. “More than 10,400 residential buildings remain flooded in 39 regions.” Russia’s government declared a federal emergency on Sunday over flood-hit areas, state media reported.

A member of the far-right Alternative for Germany (AfD) accused of taking money from a pro-Russian media site has denied any wrongdoing. German magazine Der Spiegel and Czech newspaper Denik N reported that Bystron had received money from the portal Voice of Europe, which was sanctioned by the Czech government late last month due to suspected Russian influence. Petr Bystron, a member of the German parliament and an AfD candidate in European parliament elections set for June, has “vehemently denied” the allegations, an AfD spokesperson told Reuters.

US Treasury Secretary Janet Yellen said on Monday, after four days of talks with China, that she has warned the country’s banks and exporters of aiding Russia’s military capacity.

I stressed that companies, including those in the PRC, must not provide material support for Russia’s war and that they will face significant consequences if they do. And I reinforced that any banks that facilitate significant transactions that channel military or dual-use goods to Russia’s defence industrial base expose themselves to the risk of U.S. sanctions.

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Instagram ads in UK promoting ‘butt lifts’ in Turkey as part of holidays in potential breach of rules

Watchdog warns cosmetic surgery providers abroad as analysis reveals thousands of Facebook adverts

A post on Instagram shows the back of a woman in tight blue leggings, her lower body taking up most of the frame. The words “Temptingly sexy curves ahead … Ready to turn heads and break hearts?” are written in the caption. It is from a company offering Britons the chance to get a Brazilian butt lift while enjoying a luxury holiday abroad.

The advert is one of thousands on social media promoting cosmetic surgery tourism by companies in Turkey to UK residents, including gastric band operations, hair transplants and Brazilian butt lifts (BBL) – a process that involves fat taken from elsewhere on the body being injected into the buttocks – in a trend that has triggered safety concerns among doctors in Britain.

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Food inflation in world’s rich nations falls to pre-Ukraine war levels

Rate declines for 15th consecutive month across 38 OECD countries from 6.3% in January to 5.3% in February

Food prices across the world’s richest nations rose in February at the slowest rate since before the Russian invasion of Ukraine, according to figures that show easing inflationary pressures on households.

The Organisation for Economic Co-operation and Development (OECD) said food inflation declined for the 15th consecutive month across its 38 member countries from 6.3% in January to 5.3% in February.

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‘I will not dance’: Olaf Scholz joins TikTok with a promise

German chancellor follows in the footsteps of Joe Biden and other leaders on social media platform

The German chancellor, Olaf Scholz, has opened a TikTok account, promising he will not be seen dancing on the social media platform popular with young people.

The newest official government channel “increases the information offer to citizens, who increasingly inform themselves and discuss politics on TikTok”, Scholz’s spokesperson, Steffen Hebestreit, said in a statement.

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Albanians willing to be repatriated detained for weeks in UK, watchdog finds

HM chief inspector of prisons says detainees held unnecessarily despite volunteering for fast-track deportation

Albanians volunteering to be repatriated under a fast-track deportation deal are being detained unnecessarily for several weeks at taxpayers’ expense, the prisons watchdog has found.

HM chief inspector of prisons also found that staff did not know about the vulnerabilities of detainees held in deportation centres before being removed to Tirana, and some were not being given privacy while using the lavatory.

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Weather tracker: Storm Kathleen brings high winds and warm air to Europe

Gusts of more than 70mph recorded on Irish Sea coast, as temperatures rose above 30C in mainland Europe

Storm Kathleen brought strong winds to Ireland and the UK at the weekend, causing travel and power disruption. The storm, named by Met Éireann, developed in the Atlantic on Thursday, deepening explosively as it pushed northwards to the west of Ireland.

Peak wind gusts of 40-60mph (65-95km/h) were recorded quite widely across Ireland, Northern Ireland, Scotland and western parts of England and Wales on Saturday, with some Irish Sea coastal regions experiencing gusts above 70mph. A gust of 72mph was recorded at Drumalbin, Lanarkshire.

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Russia floods: waters rising in two cities and thousands evacuated after dam bursts

Federal emergency declared in Orenburg region and at least 6,000 homes inundated after Ural River overflows

Flood waters were rising in two cities in Russia’s Ural mountains on Sunday after Europe’s third-longest river burst through a dam, flooding at least 6,000 homes and forcing thousands of people to flee.

The Ural River, which rises in the Ural Mountains and flows into the Caspian Sea, swelled several metres in just hours on Friday and burst through a dam embankment in Orsk – one of the hardest-hit cities – 1,800km (1,100 miles) east of Moscow.

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UN nuclear watchdog head condemns drone strike on Zaporizhzhia nuclear power plant

Rafael Grossi says three direct hits against the main reactor containment structures ‘significantly increase the risk of a major nuclear accident’

The head of the UN’s atomic watchdog agency has condemned a drone strike on one of six nuclear reactors at the Russian-controlled Zaporizhzhia nuclear power plant (ZNPP) in Ukraine, saying such attacks “significantly increase the risk of a major nuclear accident”.

In a statement on X, Rafael Grossi confirmed at least three direct hits against the ZNPP main reactor containment structures. “This cannot happen,” the director general of the International Atomic Energy Agency (IAEA) said.

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The French aristocrat who understood evolution 100 years before Darwin – and even worried about climate change

Georges-Louis Leclerc proposed species change and extinction back in the 1740s, a new book reveals

Shortly after Charles Darwin published his magnum opus, The Origin of Species, in 1859 he started reading a little-known 100-year-old work by a wealthy French aristocrat.

Its contents were quite a surprise. “Whole pages [of his book] are laughably like mine,” Darwin wrote to a friend. “It is surprising how candid it makes one to see one’s view in another man’s words.”

In later editions of The Origin of Species, Darwin acknowledged Georges-Louis Leclerc, Comte de Buffon, as one of the “few” people who had understood that species change and evolve, before Darwin himself.

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Hungary’s political challenger says his ‘vision’ can defeat Orbán

Péter Magyar building centrist movement that has visibly shaken ruling party he dramatically broke with

A political newcomer who is causing headaches for Hungary’s government has said his experience as a regime insider can help him succeed where other opposition figures have failed, citing his “crazy” rise in the polls and “vision” as signs that change is possible.

Fourteen years after the Hungarian prime minister, Viktor Orbán, returned to power and put the country on an illiberal path, some Hungarians had lost hope that his hold on power could be eroded.

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Former Uffizi director under fire for joining race to be Florence mayor

If elected, Eike Schmidt would form a coalition with Brothers of Italy in what could be a major blow for the left

The German-born former director of Florence’s world-famous Uffizi gallery has come under fire for his decision to run for mayor of the city with the far-right coalition that governs Italy, in what could be a major blow for the left.

If elected, Eike Schmidt – who has been credited for modernising the Uffizi – pledged to tackle problems such as security and over-tourism in the Tuscan capital, which for more than three decades has been a leftwing stronghold.

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Russia-Ukraine war: Nuclear watchdog urges restraint after Zaporizhzhia nuclear plant attack – as it happened

International Atomic Energy Agency warns about safety after Russia says Ukrainian drone detonated at nuclear power plant

The International Atomic Energy Agency (IAEA) was informed on Sunday by authorities at the Zaporizhzhia nuclear power plant that a drone detonated on site today.

“IAEA experts have been informed by ZNPP that a drone detonated on site today. Such detonation is consistent with IAEA observations,” the nuclear watchdog said in a post on a social media.

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Brexit has made the UK a lower-status nation, says David Miliband

Former foreign secretary says Britain needs to forge closer political and foreign policy links with Europe if it is to thrive

The UK has lost influence since Brexit to become just one of many “middle powers” in the world, former foreign secretary David Miliband has said.

Writing for the Observer, Miliband, now president and chief executive of the International Rescue Committee, said that in order to reverse the decline, the UK needed to enter new “structures and commitments” with the EU on foreign policy.

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Brussels ‘must copy London’s low emissions zones’ and save 900 lives a year, experts plead

Act now on air quality in the Belgian capital, which is among the filthiest in Europe, say doctors and environmentalists

More than 100 doctors and environmentalists in Brussels have called on their politicians to follow London and Paris and take measures to improve the choking air pollution in the Belgian capital.

According to IS Global research, Brussels is ranked as the eighth worst of more than 800 European cities for nitrogen dioxide, which damages the lungs and is one of the main byproducts of internal combustion engines. The capital of the European Union is also ranked 308th out of 858 cities for PM2.5, or fine particulates, which can travel deep into the respiratory tract.

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Ukraine-sceptic government ally Peter Pellegrini wins Slovakian presidential election

Close ally of populist prime minister Robert Fico claimed 53.85% of vote, beating pro-Western opposition Ivan Korčok

Nationalist-left government candidate Peter Pellegrini has won Slovakia’s presidential election ahead of liberal, pro-western opposition candidate Ivan Korčok.

The close ally of populist prime minister Robert Fico received 53.85% of the vote with the ballots from more than 98% polling stations counted by the Statistics Office in Saturday’s runoff election, topping former foreign minister Korčok who had 46.14%.

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Russia accused of using chemical gas attacks against Ukrainian soldiers

Ukraine soldiers describe ‘almost daily’ illegal gas attacks as invaders seek to dislodge them from embedded positions

Russia has been accused of systematically using illegal chemical gas attacks against Ukrainian soldiers.

Ukrainian troops told the Daily Telegraph that they have been subjected to regular attacks from small drones dropping teargas and other chemicals.

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Ukraine’s air defence missiles are running out, Zelenskiy warns

After weeks of intense Russian strikes, Ukraine’s president calls for artillery shells as well as more Patriot missile systems

President Volodymyr Zelenskiy warned last night that Ukraine could run out of air defence missiles if Russia keeps up its intense long-range bombing campaign.

The Ukrainian leader’s starkest warning to date of the deteriorating situation faced by his country’s air defences follows weeks of Russian strikes on the energy infrastructure, towns and cities using a vast arsenal of missiles and drones.

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Tens of thousands protest in Hungary against Viktor Orbán’s government

Former ruling party insider Péter Magyar leads march to parliament building in Budapest

Tens of thousands of people have turned out in downtown Budapest to protest against the government of Viktor Orbán.

Protesters marched to parliament in the unusually warm spring weather, some of them shouting “We are not scared” and “Orbán, resign”.

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