LEBANON: People are being cut off from care as Israeli attacks intensify – MSF

Source: Médecins Sans Frontières/Doctors Without Borders (MSF)

Beirut, Lebanon, 25 March 2026 – Four weeks into the latest escalation in Lebanon, Israel's ongoing bombardment and the subsequent forced displacement of people is severely impacting people lives and their access to essential services, warns Médecins Sans Frontières/Doctors Without Borders (MSF). MSF calls for the protection of civilians and healthcare, and for an end to measures that force people indefinitely from their homes.

Since 2 March, civilians have faced increasingly dire conditions, as a marked escalation of attacks by Israeli forces has forced more than one million people from their homes and disrupted their access to healthcare. According to the Ministry of Health, 1,039 people have been killed, 12 per cent of whom are children, between 2 and 23 March.

Combined with ground attacks and repetitive airstrikes targeting civilian infrastructure such as bridges in the south of Lebanon, these actions are effectively isolating large cities and numerous villages south of the Litani River, along with their remaining residents, from the rest of the country.

“We are worried about the safety of the civilians who did not leave these areas, whether by choice or by lack of means,” said Dr Tejshri Shah, MSF General Director, visiting Lebanon.

“We call for the protection of civilians and medical structures at all times, allowing people to continue to access healthcare and other essential services.”

Evacuation orders collectively covering 14 per cent of Lebanon’s area has resulted in the displacement of one of five people in Lebanon. Even in places outside the marked ‘evacuation’ zones, including parts of Beirut and the southern parts of the country, people live under the immediate threats of recurrent air and drone strikes.

Despite forced displacement orders, many people have chosen to stay, rather than abandon their homes and villages, while others have had no choice due to socio-economic and medical vulnerabilities. This has made it extremely difficult for them to access medical care, and similarly difficult for medical and humanitarian workers to reach them.

“Hospital staff in Nabatiyeh, who decided to continue working there, have no choice but to shelter inside the hospital, avoiding car travels, and in search for safety,” said Dr Luna Hammad, MSF medical coordinator who visited the Nabatiyeh Governmental Hospital, one of the hospitals receiving the most casualties in Lebanon today.

“They have been enduring this for weeks, with very little rest, carrying the weight of constant pressure and fear while hospitals continue to receive mass casualty events.”

Several hospitals in southern Lebanon remain functional and are providing initial emergency care and referrals. MSF is supporting these facilities with medical supplies, fuel for electricity, and essential relief items such as blankets and hygiene kits.

According to the World Health Organization (WHO), as of 23 March, more than 63 attacks on healthcare facilities have been reported, with 40 healthcare workers killed and another 91 injured. In addition, more than five hospitals have been forced to evacuate, and more than 54 primary health care centres across Lebanon have had to close, further limiting access to essential health services.

A displaced 56-year-old leukemia patient who visited one of MSF’s mobile clinics described the impact of disrupted care after hospitals were evacuated: “I fled with nothing and I have nowhere to go. I had hopes I almost beat cancer. Now, I spend nights in a tent in a park, and I don’t know where I’ll find my next dose of medication or how I’ll continue my treatment.”

In parts of Beirut, Mount Lebanon, South Lebanon, North Lebanon and Akkar, MSF teams are providing primary healthcare, referrals and support to help people continue treatment, but sustained access to specialised and chronic care remains disrupted.

As bombardment and displacement continue, the space for people to survive and for health services to function is shrinking day by day. MSF calls for the protection of civilians and healthcare, and for an end to measures that force people indefinitely from their homes and cut them off from treatment.

Notes:

On 2 March, MSF launched a nationwide emergency response in Lebanon to support affected communities through 15 mobile clinics as well as mobile mental health teams. MSF is also supporting hospitals in impacted areas by donating medical supplies, providing fuel, and distributing food parcels to staff.

Many people have been forced to leave under threat of fire, leaving behind most of their belongings, and are now living in overcrowded collective shelters or temporary sites with limited privacy and basic services. MSF has therefore scaled up both medical and humanitarian assistance. Since 2 March, MSF teams have provided more than 6,826 medical consultations, including over 1,298 sexual and reproductive health consultations. To date, MSF has distributed more than 10,853 blankets and 9,315 mattresses to help ease harsh living conditions.

As part of a water, sanitation and hygiene intervention, MSF has distributed more than 7,879 hygiene kits and helped improve access to safe drinking water by distributing 223,942 litres, in addition to water trucking more than 7,196,000 litres to multiple shelters. MSF teams have also rehabilitated toilets and sewage systems in some shelter sites, to reduce health risks linked to overcrowding and deteriorating water and sanitation services.

Simultaneously, MSF has launched a mental health helpline to provide free, remote and confidential support to people overwhelmed by the current situation, offering a safe space to speak with MSF psychologists and access psychological first aid and guidance on available services.

MSF is an international, medical, humanitarian organisation that delivers medical care to people in need, regardless of their origin, religion, or political affiliation.  MSF Australia was established in 1995 and is one of 24 international MSF sections committed to delivering medical humanitarian assistance to people in crisis. Every year more than 120 Australians and New Zealanders go on assignment with Médecins Sans Frontières  working as: doctors, midwives, psychologists, laboratory technicians, human resource/finance coordinators, pharmacists, mental health specialists and logisticians. MSF delivers medical care based on need alone and operates independently of government, religion or economic influence and irrespective of race, religion or gender. For more information visit msf.org.au  

Tech – Smartsheet MCP Server Achieves Exceptional Customer Adoption in First Week; 4,000 Users with 1.74 Million Total Actions Since Launch

Source: Smartsheet

Smartsheet brings AI to where complex work actually lives, connecting the most critical systems and data sources across the enterprise.
ChatGPT and Gemini integrations to follow next month.
Sydney, Australia, March 26, 2026 – Smartsheet today announced a fundamental shift in how enterprises deliver strategic projects with AI. Days after launching its Model Context Protocol (MCP) Server and native integration with Anthropic's Claude, the company is reporting record adoption as enterprises connect Smartsheet data directly into their corporate-standard AI tools. 
The introduction of the Smartsheet MCP Server is helping companies move from individual productivity gains to organisation-wide intelligence. The company’s MCP Server connects an organisation’s AI tools directly to its live business data, enabling it to surface risk more quickly, make resource decisions with greater confidence and ultimately deliver more successful business results. 
Empowering better business decisions 
Since its debut, the Smartsheet MCP Server has allowed individuals, teams and organisations to move beyond simple chat and into actual execution:

Connect once, use everywhere: Any MCP-compatible AI tool or agent can securely access live work data in Smartsheet. Customers now have full access to Smartsheet data within existing tools, enabling them to make more informed decisions and monitor project status and risks in a single location. Smartsheet customers now have access to more than 35 tools for AI agents. 

Proactively manage work: Usage data shows 48% of all actions taken by early adopters using Claude move work forward by automatically creating tasks or making updates, rather than just requesting information, eliminating hours of manual work and waiting time for updates. 
Remove “tool fatigue”: Instead of jumping between platforms, teams can stay in the AI assistants they already use. The company’s deep integration with Claude has already helped teams turn weeks of manual project analysis into quick, seconds-long conversations.  
Massive scale and open architecture: With over 4,000+ early adopters interacting with Smartsheet using Claude in the first few days, the Smartsheet MCP Server is proving the value of an open AI strategy. While Claude is the first native integration, support for ChatGPT and Gemini will come next month.

“For years, Smartsheet has been where enterprise work happens. With our MCP, customers are now connecting their AI tools directly to the data and systems that run their business,” said Pratima Arora, chief product and technology officer at Smartsheet. “We are moving past the ‘chat’ phase of AI and into a new era where AI can impact the productivity of teams working on strategic projects.”

Modern architecture: faster decisions at lower costs 
AI usage fees, or token costs, are the new public cloud spend problem—variable, hard to predict and quickly compounding. Smartsheet addresses this challenge head-on through its MCP Server. 
Smartsheet is central to the work of over 100,000 organisations, managing a continuously evolving graph of tasks, workflows, dependencies and business logic. That complexity demands highly optimised token usage to preserve customer budgets. With proprietary data optimisation directly engineered into its MCP, data is intelligently compressed and filtered so teams get more answers at a lower price. The result: dramatically lighter payloads that translate directly to the bottom line.

Significantly lower operational costs: By improving data transfer efficiency, organisations can substantially reduce the usage fees charged by AI model providers.
Faster responses: Lighter data means a user's AI assistant can scan through global project portfolios and provide insights almost instantly, eliminating the latency that slows executive decision-making. 

Enterprise-grade AI governance: Organisations get full visibility into how AI interacts with their work data—who's asking what, which tools are being invoked and how tokens are being consumed—giving IT and leadership the control and auditability that enterprise adoption demands.

Organisations that achieve faster and more durable ROI are using tools like the Smartsheet MCP Server—purpose-built to optimise AI token usage and deliver the governance enterprises need to deploy AI with confidence at scale. 

“The true ROI of enterprise AI isn’t measured by how many questions can be asked or how much text can be generated; that is the output of AI. It lies in how precise decisions, actions and outcomes can become,” said Liz Miller, vice president and principal analyst at Constellation Research. “By integrating AI models, businesses can use AI as a productivity multiplier. Combining AI models with deep organisational data creates a business intelligent advisor, closing a critical visibility gap that can cost large organisations thousands of hours in status meetings and manual risk assessment.” 
Built for enterprise safety 
Speed cannot come at the expense of security. Smartsheet logs and makes available for audit every interaction, whether initiated by a human or AI. This ensures a company can preserve existing governance and audit requirements while safely and quickly scaling AI across the organisation. 
“For years, we've relied on Smartsheet to help our customers create transparency across complex, global project data. The native Claude integration builds on that foundation, bringing an AI layer that surfaces trends, risks and critical changes through simple, natural conversation based on live business data,” said Julian Weber, partner at AMX. “That's a meaningful shift in how teams operate and make decisions. The opportunity ahead is enormous: as we roll this out for our customers, we're transforming how they act on their data at scale, enabling users to create intelligent, real-time insights—easier and faster than ever before.”  
The Smartsheet MCP Server and Claude integration are available to customers today. 
To learn how to put your AI to work, visit smartsheet.com/ai 
About Smartsheet 
Smartsheet is the Intelligent Work Management Platform that unites people, data and AI to turn strategy into measurable enterprise impact. Purpose-built for scale, Smartsheet gives enterprises the speed, governance and trust to execute complex work across portfolios, operations and IT on a single, secure system. Trusted by more than 120,000 customers and used by teams in 85% of the Fortune 500, Smartsheet empowers millions of users to move faster, reduce risk and realise ROI with confidence. Visit www.smartsheet.com to learn more.

FinTec – AI in Finance Reaches "Institutional-Grade" Capabilities, Says True Trading Co-Founder Igor Stadnyk

Source: TechGaged

Artificial intelligence (AI) is rapidly advancing across financial markets, but its real impact remains widely misunderstood, according to Igor Stadnyk, Co-Founder and AI Lead at True Trading.

In an exclusive interview with TechGaged, Stadnyk explains that while AI is unlikely to outperform leading quantitative trading firms, it is already reshaping how decisions are made, executed, and verified across markets.

“AI does not outperform top-tier firms like Jane Street, Jump Trading, or Two Sigma on signal quality or execution speed,” Stadnyk said. “Those firms have structural advantages in infrastructure, talent, and capital that no AI layer can close.”

Instead of competing directly with institutional players, AI is proving most valuable in handling uncertainty and improving execution. Stadnyk emphasizes that the technology does not create new sources of alpha, but helps capture it more consistently by reducing friction between strategy and execution.

“The point is that a serious retail trader with AI now operates closer to institutional quality than at any point in history,” he said.

This shift is narrowing the gap between retail and institutional participants, enabling more efficient decision-making and better performance under complex market conditions.

Finance is Moving Toward Verifiable, On-Chain Trust Models

The interview also highlights a broader transformation in financial systems, particularly the shift toward on-chain infrastructure. According to Stadnyk, trust is moving away from traditional intermediaries and toward cryptographic verification embedded directly into execution.

“On-chain, trust shifts from institutional counterparties to cryptographic verifiability. Smart contracts replace intermediaries, and execution becomes transparent and deterministic,” he explained.

While this model is still developing, Stadnyk argues it represents a more scalable approach to trust in modern financial markets.

Despite these advancements, significant challenges remain. Stadnyk identifies data relevance, economic viability, and regulatory uncertainty as the three primary constraints limiting the widespread adoption of AI in finance. Managing real-time data while discarding outdated context remains an unsolved problem, while the cost of running AI systems must be justified by consistent profitability. At the same time, regulatory frameworks have yet to define how autonomous agents should operate or be governed in financial markets.

Stadnyk also stresses that many risks associated with AI are misunderstood. Rather than concerns about fully autonomous systems acting unpredictably, he points to practical vulnerabilities such as prompt injection, data manipulation, and insecure system integrations as the more immediate threats.

Overall, he describes AI not as a disruptive force that will replace existing market leaders, but as an enabling infrastructure layer that improves how financial systems operate. Its impact is expected to be gradual, driven by better execution, enhanced transparency, and more efficient system design.

For financial institutions and market participants, the takeaway is clear: AI will not transform the competitive landscape on its own, but those who integrate it effectively into their workflows will gain a meaningful advantage.

Read the full interview here: https://techgaged.com/exclusive-igor-stadnyk-interview/

About TechGaged

TechGaged is an independent crypto newsroom delivering data-driven reporting on digital asset markets, blockchain infrastructure, and financial innovation, with a focus on clarity, evidence, and real-time insights.

Awards – AST Reygar Shortlisted for Innovation Award at Global Tug & Salvage Event 2026

Source: AST Reygar

AST Reygar has been shortlisted for the Innovation of the Year Award at the International Tug & Salvage Convention, Exhibition & Awards 2026, recognising advances in technology that improves efficiency, safety, and performance across the global tug sector.

The nomination highlights the company's BareFLEET vessel monitoring platform, which combines remote monitoring, digital twin technology, and AI-driven predictive maintenance to support more efficient and reliable tug operations.

The latest version of BareFLEET enables operators to achieve fuel savings up to 15%, whilst reducing unplanned downtime by around 20% through early identification of machinery issues. The system continuously monitors onboard equipment, analysing vibration levels and operational data to detect emerging faults before they become failures.

The platform enhances operational safety by tracking winch line tension during towage, as well as monitoring crew exposure to vibration, allowing operators to maintain safer working conditions and respond to risks in real-time.

Daniel Clark, Managing Director of AST Reygar, commented: “Being shortlisted for Innovation of the Year is a significant achievement for our team and reflects our continued investment in developing technology that delivers real operational value. BareFLEET is designed to give operators greater visibility of their vessels, enabling them to improve efficiency, reduce costs significantly, and enhance safety at sea. This recognition from the industry is something we are extremely proud of.”

The International Tug & Salvage Awards are held as part of the annual convention, which brings together industry leaders, operators, and technology providers from across the global maritime sector. Winners will be announced at the event in May 2026. This year, the awards will take place in Gothenburg, Sweden, from 19-21 May 2026, and is widely regarded as one of the leading gatherings of the tug, towage, and salvage community.

The awards programme, now well established, celebrates businesses and technologies that are driving measurable improvements in the maritime sector. Being shortlisted reflects recognition not only of technical innovation, but also of real-world impact.

About AST Reygar
AST Reygar, is a leading provider of advanced remote monitoring and data-driven solution for the maritime and industrial sectors. It's flagship BareFLEET platform enables vessel operators to monitor performance, improve efficiency, and enhance safety through real-time data insights, digital twin technology, and AI-driven predictive maintenance.

ASTSPARC is AST Reygar's industrial telemetry solution, providing robust, flexible data acquisition and communication capabilities, enabling the remote monitoring of critical assets across industrial environments.

Energy Sector – Equinor starts drilling major gas development in Brazil

Source: Equinor

25 MARCH 2026 – Equinor has started the drilling phase for the Raia project in the pre salt of the Campos Basin, Brazil. This marks a key milestone for the partnership as the projects progresses towards planned start up in 2028.

The Valaris DS‑17 drillship started drilling operations, today 24 March. The drilling campaign includes six wells in the Raia area, located around 200 kilometres offshore the coast of Brazil in water depths of around 2,900 metres.

The campaign supports the development of one of Brazil’s most significant natural gas projects, with recoverable reserves exceeding one billion barrels of oil equivalent.

Once in operation, the project will have the capacity to export up to 16 million cubic metres of natural gas per day, which could represent 15% of Brazil’s natural gas demand, significantly contributing to Equinor’s international equity production and long-term cashflow and the country’s energy security.

The Raia project is operated by Equinor (35%), in partnership with Repsol Sinopec Brasil (35%) and Petrobras (30%). Drilling activities build on the companies’ combined competence in deepwater operations, including previous experience on the Bacalhau field, where the DS‑17 also took part in the drilling campaign.

“Raia is Equinor’s largest project under execution and marks the deepest water depth operation in our portfolio. Together with our partners and suppliers, we are applying world-class technology and decades of offshore expertise. While drilling takes place, integration and commissioning activities on the FPSO are progressing well putting us on track towards a safe start of operations in 2028”, Says Geir Tungesvik, executive vice president, Projects, Drilling and Procurement,

Innovative development concept and specialised suppliers

Raia’s development concept is based on production through wells connected to a floating production, storage and offloading unit (FPSO), which will treat produced oil/condensate and gas. Natural gas will be transported through a 200‑kilometre pipeline from the FPSO to Cabiúnas, in the city of Macaé, Rio de Janeiro state.

More gas for Brazil with low emissions in production

The project is Equinor’s largest international investment to date, totaling around USD 9 billion. The FPSO is expected to be among the most carbon‑efficient globally, with average CO₂ emissions intensity of approximately 6 kg per barrel of oil equivalent. The Raia development is estimated to generate up to 50,000 direct and indirect jobs over its 30 year-life cycle.

Raia project

  • Partners: Equinor 35% (operator), Repsol Sinopec Brasil (35%), Petrobras (30%)
  • Location: Pre‑salt, Campos Basin, Brazil, ~200 km offshore
  • Water depth: Up to approximately 2,900 metres
  • The project is Equinor’s largest international investment of approximately USD 9 billion
  • It contains recoverable natural gas and condensate reserves exceeding 1 billion boe.
  • The gas export capacity is 16 MSm³/d, which could represent 15% of Brazil’s natural gas demand in 2028.
  • The FPSO oil/condensate capacity is approximately 126,000 bpd.
  • The field’s average CO2 intensity will be approximately 6 kg per barrel, compared to the current industry average of 17 kg per barrel.
  • Up to 50,000 direct and indirect jobs are expected to be created over the field’s lifecycle.
  • Production is expected to start in 2028.

​​​Kyrgyzstan: Drop trumped up charges against Makhabat Tazhibek-kyzy following her release from prison – Amnesty International

Source: Amnesty International

Responding to a decision by a court in Kyrgyzstan to release investigative journalist and Temirov LIVE editor-in-chief Makhabat Tazhibek-kyzy from custody and subject her to a travel ban pending a retrial, Marie Struthers, Amnesty International’s Eastern Europe and Central Asia Director, said:

“While Makhabat Tazhibek-kyzy’s release from prison is a long-overdue step towards justice that allows her to reunite with her son, it does not erase the human rights violations she has already endured and those she faces with possible retrial.”

“The Kyrgyzstani authorities should immediately drop all charges and lift the travel ban against Makhabat Tazhibek-kyzy, and provide her with an effective remedy for the violations she has already suffered.

“The targeting of Makhabat Tazhibek-kyzy, and earlier, of her colleagues from Temirov LIVE and Ayt Ayt Dese media projects, sends a chilling message to investigative journalists across the country. No journalist should be prosecuted solely for reporting on matters of public interest. The authorities must abide by Kyrgyzstan’s international human rights obligations and provide a safe environment for independent journalism and ensure full respect for the right to freedom of expression.”

Background

On 23 March, the Lenin District Court of Bishkek ordered Makhabat Tazhibek-kyzy’s release after more than two years’ detention, replacing her custodial measure with a travel restriction. The decision followed a ruling by the Supreme Court on 10 March to overturn her previous conviction and retry her case.

Makhabat Tazhibek-kyzy was arrested in January 2024 along with other journalists and media workers associated with Temirov LIVE and Ayt Ayt Dese, two independent media projects that have investigated alleged corruption in Kyrgyzstan. She and her colleague Azamat Ishenbekov faced trumped up charges of “inciting mass unrest,” and were sentenced to six and five years’ imprisonment respectively, on 10 October 2024. Makhabat’s husband, prominent investigative journalist Bolot Temirov, had previously been stripped of his Kyrgyzstani citizenship and forced into exile. Azamat Ishenbekov was released on 9 April 2025 by presidential pardon.

Energy Sector – Equinor strengthens integrated power portfolio in Brazil

Source: Equinor

24 MARCH 2026 – Equinor has acquired the ready to build 230 MW Esquina do Vento onshore wind complex from Vestas. With this investment Equinor expands its broad energy offering in Brazil, further strengthening its integrated power portfolio for long-term growth in one of the company’s core markets.

The 51 turbine complex is located in the state of Rio Grande do Norte.

The acquisition, conducted by Equinor’s fully owned subsidiary Rio Energy, supports Equinor’s power strategy to build market-driven, multi-technology portfolios. By combining renewable generation, operational capabilities and energy trading, these portfolios will further enhance value creation. The Esquina do Vento complex is expected to deliver double digit project returns.

“Brazil is a key market for Equinor’s long-term growth. We have a solid and diversified portfolio of oil and natural gas in the country. With this acquisition, we are expanding in renewable energy and strengthening our integrated power portfolio, where wind, solar and trading work together to deliver competitive and reliable power,” says Helge Haugane, executive vice president for Power in Equinor.

Expanding Equinor’s onshore renewables platform

Together, onshore renewables and battery energy storage systems constitute a core building block in Equinor’s power strategy, offering competitive generation and scalability. The acquisition of Esquina do Vento adds to Equinor’s onshore renewables portfolio in Brazil. The complex will be developed and operated through Equinor’s subsidiary Rio Energy, which serves as the company’s vehicle for growth in onshore renewables.

“We are ready to build the Esquina do Vento complex that comprises 51 Vestas wind turbines and will add around 230 MW of installed capacity in Rio Grande do Norte. With potential annual generation of about 1 TWh, the complex represents a substantial addition to wind power production in the region. Together with Serra da Babilônia, our 363 MW hybrid wind/solar complex in Bahia, Esquina do Vento increases Rio Energy’s onshore wind footprint and reinforces a strong operational platform for long-term renewable energy delivery in Brazil,” says Roberto Colindres, CEO of Rio Energy.

This investment is in line with Equinor’s strategy of building an integrated power business, combining wind and solar assets in the same market, reducing intermittency, optimising grid utilisation and improving the overall value of the power portfolio.

Integrated value chain and route to market

Power produced from Equinor’s onshore assets in Brazil will be traded in the local power market by Danske Commodities, Equinor’s wholly owned energy trading house.

“Brazil is a core market for Equinor, and Esquina do Vento strengthens our long-term commitment to building a robust and competitive power business in the country through our subsidiary, Rio Energy. By investing in this renewable complex, we are expanding our energy offering and future opportunities for integration and trading across assets and energy sources. This integrated approach supports Brazil’s growing demand for reliable, renewable energy while creating long-term value locally,” says Veronica Coelho, senior vice president and country manager for Equinor Brazil.

Equinor has a long-standing presence in Brazil, with a broad portfolio spanning oil and gas, renewables and power trading.

Esquina do Vento

  • Location: State of Rio Grande do Norte, Brazil
  • Seller: Vestas
  • 51 Vestas V163 wind turbines
  • Estimated annual production: potential to generate 1 TWh per year when in commercial operations, equivalent to the electricity consumption of approximately 520,000 Brazilian households
  • Installed capacity: 230 MW
  • Start construction Q2 2026
  • Commercial operations planned for 2028
  • Vestas will be the WTG O&M responsible, with a 30-year Service and Energy-Based Availability Agreement.

Equinor’s power portfolio in Brazil

The power portfolio in commercial operation today totals around 600 MW in equity capacity to which the Esquina do Vento complex will add 230 MW of installed capacity:

The Serra da Babilônia 1 onshore wind complex (223 MW) and the Serra da Babilônia Solar complex (140 MW) in the state of Bahia are operated by Equinor’s subsidiary, Rio Energy, and are fully owned by Equinor.
Equinor is also a partner in the Apodi solar complex (162 MW) in the Ceará state and the Mendubim complex of solar plants (531 MW) in the Rio Grande do Norte state. The assets are operated by Scatec, with Equinor holding respective shares of 43.5% and 30%.

Additionally, there is a pipeline of onshore renewable opportunities being matured by Rio Energy.

Equinor’s wholly owned trading arm, Danske Commodities, through its trading office in São Paulo, supports Equinor’s market-driven approach to building a value creating power portfolio in Brazil.

UK Economy – UK bond shock deepens as energy crisis hits borrowing costs – deVere Group

Source: deVere Group

March 23 2026 – UK government bonds are sliding sharply, with yields surging past levels last seen during the fallout that toppled former Prime Minister Liz Truss, raising fresh concerns that an energy-driven shock is rapidly evolving into a broader problem for the government and UK households and businesses.

This is the stark warning from Nigel Green, CEO of global financial advisory giant deVere Group, as UK PM Keir Starmer convenes an emergency COBRA meeting on the Iran war fallout, with Chancellor Rachel Reeves and Bank of England Governor Andrew Bailey set to attend.

The focus will be on energy security, inflation, and economic resilience.

Nigel Green comments: “What we are witnessing is the early stage of a dangerous chain reaction. A spike in oil and gas prices is feeding directly into inflation expectations, and bond markets are responding fast.”

The numbers underline the scale of the shift.

UK 10-year gilt yields have surged above 5% for the first time since the global financial crisis, while a benchmark index tracking conventional gilts has dropped nearly 5% this month alone, which is its worst performance since the turmoil that forced Liz Truss from office in 2022.

More than £100 billion has been wiped from the market value of UK government bonds in a matter of weeks.

Nigel Green says the comparison with the Truss-era crisis is not about policy missteps, but about how quickly markets can reprice risk when confidence is tested.

“Under Liz Truss, it was a credibility shock triggered by fiscal decisions. Today, it's an external shock coming from energy markets.

“But the outcome is similar with investors demanding higher yields, and that pushes borrowing costs higher across the entire economy,” he explains.

The UK's structural exposure is a key factor.

“Heavy reliance on imported gas leaves it particularly vulnerable to global price surges, especially as tensions in the Middle East threaten critical energy infrastructure and supply routes.

Nigel Green warns that inflation “could now climb back toward 5%” if elevated energy prices persist, forcing a reassessment of interest rate expectations.

“There's growing pricing for a more hawkish Bank of England stance. This adds another layer of pressure, because higher rates reinforce higher yields, and the cycle feeds on itself.”

For Chancellor Rachel Reeves, the policy choices are narrowing.

“Rising borrowing costs increase the strain on public finances at the same time as political and economic pressure builds to support households and businesses facing higher energy bills.

“Support measures may be needed, but they come with a cost. The more the government spends, the more markets scrutinise sustainability. That tension can escalate quickly.”

The implications extend far beyond Westminster. Higher gilt yields ripple through the financial system, raising mortgage rates, increasing corporate borrowing costs, and tightening conditions for consumers.

Nigel Green stresses that the current situation illustrates a broader and often underestimated dynamic.

“Commodity shocks don't stay contained. They move into inflation, then into bond markets, and then into the real economy.

“By the time it reaches borrowing costs, everyone feels it—governments, businesses, and households alike.”

There is also a growing risk of spillover into global fixed income markets. As investors reassess inflation and interest rate trajectories, moves in one major bond market can quickly influence others, particularly in an environment already shaped by geopolitical uncertainty.

“The UK is at the sharp end of this shift right now, but it's unlikely to be the only one,” Nigel Green adds.

“If energy prices remain elevated, we could see similar pressures building elsewhere.”

The emergency COBRA meeting underscores the urgency of the moment. Policymakers are facing a rapidly evolving situation in which an external geopolitical crisis is feeding directly into domestic economic stress.

Nigel Green concludes: “The lesson is clear—what starts as an oil and gas shock can very quickly become a financial shock. The surge in gilt yields is an early warning sign.”

deVere Group is one of the world's largest independent advisors of specialist global financial solutions to international, local mass affluent, and high-net-worth clients.  It has a network of offices around the world, more than 80,000 clients, and $14bn under advisement.

Business – Startup Moldova Summit 2026 Brings Global Capital, and World-Class Founders and Experts to Moldova

Source: Startup Moldova Foundation

Chișinău, Moldova – April 22, 2026 – Startup Moldova Summit, the Republic of Moldova's flagship event dedicated to startups, technology, and innovation, returns to Chișinău this April, bringing together founders, investors, and technology leaders from across Europe and beyond.

Now in its sixth edition, the Summit highlights Moldova's rapid evolution as an innovation hub in Eastern Europe. Held at Arena Chișinău under the theme “Born in Moldova. Built for the World.”, the 2026 edition is set to be the most ambitious yet, expecting over 2,000 participants, 150 startups, 60 speakers, and more than 50 active investors.

The Summit will feature international speakers from leading technology companies and investment networks, including Sacha Michaud (Glovo), Bill Reichert (Pegasus Tech Ventures), Jaïr Halevi (Miro), Vasile Tofan (Horizon Capital), Guillermo Sohnlein (Humans2Venus), and Massimo Caterino (Microsoft), Laurent Koerge (Bolt), among others.

The event is designed to connect ideas with capital, ambition with expertise, and local founders with international markets, reinforcing Moldova's increasing integration into the global startup ecosystem.

Moldova is now home to more than 300 technology startups, with women representing 30% of co-founders. In 2025 alone, startups generated over $43 million in revenue and created more than 1,200 jobs. They also raised $16.3 million in funding – double compared to the previous year –  bringing the total investment attracted by Moldovan startups to $60.7 million.

Notably, 2025 marked two major startup exits – Planable and Parkopedia –  a clear signal that the ecosystem is entering a new stage of maturity.

“In recent years, we have witnessed a clear shift from potential to performance. As Moldova advances towards EU accession, the startup ecosystem is being strengthened by targeted support mechanisms and improved access to capital: from the launch of a Fund of Funds attracting investments into startups and high-growth companies, to new co-matching grant programmes and the development of Moldova HiTech Park as a bridge between academia, startups, and corporates,”

said Olga Melniciuc, CEO of Startup Moldova Foundation.

“Startup Moldova serves as a gateway to the Moldovan startup ecosystem, connecting founders with capital, expertise, international markets, and policymakers to help build a more competitive, innovation-driven economy.”

The 2026 Startup Moldova Summit edition sends a clear message: globally competitive companies with regional roots are built in Moldova.

Startups database: https://www.startupmoldova.digital/startup-database

About Startup Moldova Foundation

Startup Moldova is a non-profit organization dedicated to developing Moldova's startup ecosystem by supporting founders, connecting them with capital, expertise, diaspora mentors, and international markets, and fostering collaboration between startups, investors, corporates, academia, and public institutions. Through flagship initiatives like the Startup Moldova Summit, investment readiness programs, international demo days, and partnerships with local and international stakeholders, the Foundation plays a key role in transforming startups into scalable businesses and positioning Moldova as a hub for technology and innovation.

Economy – US oil shield may not hold as Iran war escalates – deVere Group

Source: deVere Group

March 23 2026 – Oil is surging as geopolitical tensions escalate, but the assumption that the US will remain shielded from the fallout is now being tested, warns the CEO of one of the world's largest independent financial advisory organisations.

Brent crude has climbed above $113 a barrel as threats to energy infrastructure and key shipping routes intensify.

Global equity markets have fallen sharply in response, with Europe and Asia leading declines. US benchmark WTI has risen more modestly, reinforcing the view that America is less exposed to immediate supply disruption.

Yet the growing divergence between global and US oil prices may be masking a deeper vulnerability.

Nigel Green, CEO of deVere Group, warns: “While the US appears more protected at first glance, it's far from immune if the crisis escalates further.

“The gap between Brent and WTI suggests the US is less directly exposed to supply shocks, and that's true to a point,” he says. “But investors should not mistake relative insulation for immunity.”

The US remains the world's largest oil producer, with much of its supply produced and stored domestically. This reduces reliance on seaborne imports and limits exposure to choke points such as the Strait of Hormuz.

However, the chief executive of deVere stresses that the US economy is deeply tied to global demand and capital flows. These factors could quickly override any domestic energy advantage.

“A significant portion of US assets are owned by overseas investors, and the economy depends heavily on global trade. If the shock spreads and global growth weakens, the US will feel it.”

The current market reaction reflects a fragmented shock, with energy-importing regions facing the most immediate pressure. Higher oil and gas prices are already weighing on European and Asian markets, raising inflation risks and threatening growth.

But the second phase of the crisis, Nigel Green suggests, could be more broadly felt.

“If this turns into a deeper global slowdown, the idea that the US can remain untouched is far less convincing,” he explains.

“Demand weakens, capital moves, and financial conditions tighten across borders.”

Rising US yields are another emerging concern. As borrowing costs increase, they add pressure to an economy already navigating elevated inflation expectations and geopolitical uncertainty.

“Higher yields reflect tightening financial conditions at a time when risks are building. This combination can become a problem quickly if confidence starts to shift.”

Currency markets, often a source of strength during periods of stress, may also become more complex.

“While the dollar typically benefits from safe-haven flows, sustained global disruption could alter capital allocation patterns, particularly if overseas investors reassess exposure to US assets.”

At the same time, geopolitical dynamics remain highly unpredictable. US President Donald Trump has warned of further escalation, including potential strikes on Iranian infrastructure, while Iran has signalled it will respond by targeting critical facilities across the region.

This creates a strategic standoff with significant market implications.

“The US administration needs a resolution to stabilise markets, but Iran understands the pressure,” he says.

“This dynamic increases the risk of prolonged tension rather than a quick de-escalation.”

The focus for investors is no longer solely on where the initial impact is strongest, but on how far the shock can spread.

Nigel Green concludes: “Early resilience in the US should not lead to complacency.”

“This is a global system, and if the stress intensifies, the effects will be shared more widely.

“The question is not whether the US starts from a stronger position, it does, but how long that advantage can, realistically, last.”

deVere Group is one of the world's largest independent advisors of specialist global financial solutions to international, local mass affluent, and high-net-worth clients.  It has a network of offices around the world, more than 80,000 clients, and $14bn under advisement.