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The 1MDB Fallout: Jho Low's Bid for Presidential PardonThe fugitive Malaysian financier Jho Low, a central figure in the multibillion-dollar scandal at the state fund 1Malaysia Development Berhad (1MDB), is reportedly seeking a pardon from the US president, Donald Trump. This move comes as Low faces multiple charges including corruption and money laundering in both the US and Malaysia for his alleged role in the misappropriation of at least $4.5bn (£3.3bn) from the sovereign wealth fund.Legal Maneuvers and the White House StanceRequest Filed: Low recently filed a request for a pardon that, if granted, would remove US criminal charges against him, according to the Wall Street Journal citing people familiar with the matter.Current Status: A White House official stated that Low’s request is not currently on its radar.DOJ Record: The US Justice Department website lists a pending request for a “pardon after completion of sentence” under Taek Jho Low that was filed this year.Quantifying the Financial Damage and RecoveriesThe 1MDB scandal is considered one of the world’s biggest financial frauds, with billions plundered from the now defunct fund beginning in 2015. Despite the massive scale of the theft, some assets have been recovered through legal settlements.Recovery Amount: In 2019, the US struck a deal to recoup about $1bn from Low.Assets Seized: The fugitive agreed to give up a private jet and high-end real estate in Beverly Hills, New York, and London.Geopolitical Tensions and Asset Recovery StrategiesThe request for a pardon has sparked a diplomatic tug-of-war between the US and Malaysia. While the US has a pending pardon request, Malaysian authorities are pushing for Low's location to facilitate further investigations.Malaysian Opposition: Johari Abdul Ghani, the chair of a Malaysian taskforce seeking to recover funds, stated, “As far as I’m concerned, I’m against the pardon” and called for the US to assist in locating him.Asset Return Strategy: Malaysia temporarily lifted an Interpol red notice against Low to facilitate the return of significant assets to the country.Political Negotiations: Malaysian Prime Minister Anwar Ibrahim has indicated that the government is negotiating with other nations to speed up Low’s return, though he declined to name the specific countries involved.Future Outlook: The Odds of a Presidential ClemencyGiven the severity of the charges and the ongoing diplomatic friction, the likelihood of a pardon is currently low. With Malaysian officials publicly opposing the move and the White House indicating the request is not a priority, Low’s bid for freedom remains a complex legal and political challenge.

The Deadly Israeli Drone Strikes Three Israeli drone strikes on cars on a major highway linking Beirut to southern Lebanon have killed at least eight people, including two children, Lebanon’s Ministry of Health reported. A photograph of the bombed cars shared by Lebanon’s National News Agency following the attacks on Wednesday in the Jiyeh area, some 20km (12 miles) south of the Lebanese capital, showed the vehicles severely damaged, their exteriors charred and torn apart. Escalating Conflict and Humanitarian Crisis Al Jazeera’s Zeina Khodr, reporting from Tyre in southern Lebanon, said the “conflict is only escalating”. “It is a conflict that is taking a high toll on the civilians who live in these areas,” she said. Lebanon and Israel are expected to hold a new round of direct negotiations in Washington on Thursday, brokered by the United States. Hezbollah, which has been launching attacks on northern Israel and on Israeli troops who have entered and occupied a section of southern Lebanon, says it opposes the negotiations in the US. The Humanitarian Toll On Wednesday morning, the Israeli military issued forced displacement orders for the residents of Meiss el-Jabal, Yanouh, Burj Shemali, Hula, Debl and Aabbasiyyeh, warning that it will soon act against these six southern Lebanese villages “forcefully”. Anyone who remains “endangers their life,” the military said, warning residents to move at least 1,000 metres (0.6 miles) away to “open areas”. After this new round of forced displacement orders – which have been happening almost daily in the past week – Al Jazeera’s Khodr said one of the few remaining hospitals in the area was in the displacement zone. At least 100,000 people still live in the district of Tyre. 13 people were killed in attacks on towns in the south on Tuesday. Two Lebanese Civil Defence paramedics were among the dead. At least 380 people have been killed during the truce. The total death toll since the Israeli invasion and bombardment began on March 2 is more than 2,800. 108 emergency medical services and healthcare workers have been killed in Lebanon during the war. The Future Outlook “All of this is having a huge impact here on the communities in southern Lebanon,” Al Jazeera’s Obaida Hitto said from Tyre. “And there is a growing humanitarian crisis, with over a million people displaced.”

The Escalation of Audience Aggression: Clapton and Sykes Hit by Stage ObjectsTwo high-profile incidents involving legendary guitarist Eric Clapton and Bring Me the Horizon frontman Oli Sykes highlight a disturbing trend of audience aggression that is blurring the lines between fan interaction and safety hazards.Two Distinct Incidents Highlighting Audience AggressionOli Sykes was struck in the head by a phone during a performance in St Louis, resulting in a mild concussion. Despite the injury, Sykes continued the show but cut a song and a fan interaction segment.Eric Clapton was hit in the chest by a vinyl album in its sleeve during a concert in Madrid. While this forced him to forgo an encore, it did not impact his subsequent performance in Barcelona.The Cultural Impact AnalysisThese incidents are not isolated; throwing objects onto the stage has become routine. Unlike protests, many of these acts are driven by a desire to "gift" items or capture photos, creating a volatile environment for performers.A Decade of Disruption: Artists React to Stage IntrusionThe issue has reached a boiling point, with major artists expressing frustration over years of being hit by objects. Adele famously threatened to "kill" fans who threw items, while Billie Eilish noted she has been hit for six years. A major spate occurred in 2023, affecting stars like Bebe Rexha, Harry Styles, and Cardi B.The Future of Stage Etiquette and Security ProtocolsAs physical safety becomes a primary concern, the live music industry may need to implement stricter crowd control measures and clearer communication regarding stage etiquette to protect artists from preventable injuries.

The Lead US President Donald Trump departed for Beijing on Tuesday for a high-stakes summit with Chinese President Xi Jinping, saying the two leaders would hold a 'long talk' on Iran even as trade remains the main focus of the visit. Iran's Stance on Peace Iran presses US on peace proposal: Iran's chief negotiator and Parliament Speaker Mohammad Bagher Ghalibaf said Washington must accept Tehran's latest peace plan or face failure. Report says Iran retains missile strength: The New York Times reported Tuesday that classified US intelligence assessments say Iran still has substantial missile capabilities, with about 70 percent of its mobile launchers and pre-war missile stockpile still in action. War Diplomacy Chinese supertanker crosses Hormuz: Chinese crude oil supertanker Yuan Hua Hu was reportedly transiting the Strait of Hormuz on Wednesday, ship-tracking data showed, passing Iran's Larak Island while heading out of the Gulf. Hezbollah rules out disarmament talks: Hezbollah chief Naim Qassem said his group's weapons were not part of forthcoming ceasefire negotiations between Lebanon and Israel. Qatar warns over Hormuz pressure: Qatar's prime minister said Iran should not use the Strait of Hormuz, blocked since early in the war, as a means of 'blackmail' against Gulf states. The Gulf UAE gas facility hit by war: The UAE's main gas processing complex, one of the world's largest, will not resume full capacity until next year, its operator said, after it was hit in the Iran war. Kuwait arrests alleged IRGC operatives: The country said it arrested four men accused of belonging to Iran's IRGC after they tried to infiltrate Bubiyan Island by sea and injured a Kuwaiti soldier. In the US Trump on Xi: Trump said he does not believe the US needs China's help to end the war involving Iran, but confirmed the issue would still feature in his talks with Xi Jinping this week. Trump says war's end will bring down inflation: Facing growing domestic pressure over rising prices linked to the conflict, Trump said the war 'will not be long' and argued its end would trigger a sharp drop in oil prices and inflation. US says Iran war has cost $29bn: Defense Secretary Pete Hegseth told lawmakers the war has cost Washington at least $29bn in munitions and equipment over 74 days, excluding damage to bases. The Impact Analysis The ongoing conflict in Iran has significant implications for the global economy, with rising oil prices and inflation being major concerns. The war has also led to a humanitarian crisis, with hundreds of thousands of students displaced and schools destroyed in Lebanon. The Prediction The future outlook for the conflict in Iran remains uncertain, with both sides showing no signs of backing down. However, with growing domestic pressure and international diplomacy, there is a possibility that the conflict could be resolved peacefully in the near future.

The Lead: A High-Stakes Diplomatic Encounter Chinese President Xi Jinping is expected to seek concessions on Taiwan and US tariffs when he meets United States President Donald Trump for a critical summit taking place in the shadow of the war on Iran. Trump's arrival in China marks the first trip by a US leader to the country since 2017, setting the stage for what could be a pivotal moment in US-China relations. The Taiwan Confrontation: Core Interest and Red Lines Unlike Trump's mercurial policymaking approach, Xi is widely seen as predictable in his goals for the summit, particularly concerning Beijing's "core interests" related to national security and territorial integrity. At the top of that list is Taiwan, which Beijing views as an inalienable part of its territory despite Taiwan's self-governing status. China has named Taiwan as the first of "four red lines" that "must not be challenged." In a call with US Secretary of State Marco Rubio last month, Chinese Foreign Minister Wang Yi described Taiwan as "the biggest risk in the China-US relationship." While analysts say it's unlikely the US will change its position on Taiwan due to Chinese pressure, Trump has indicated the summit will include discussions about the $14bn arms package approved by Congress for Taiwan. The Trade War Dynamics: Economic Uncertainty and Strategic Maneuvering Xi is also eager to smooth over US-China relations after a tumultuous 18 months that saw Trump launch a second trade war with the world's second-largest economy. The standoff saw both countries implement escalating tariffs and punitive measures, including export controls, before hitting pause in May. During their last meeting in South Korea in October, Xi and Trump agreed to a one-year reprieve in their trade war, though some trade measures remain in place. China is likely to agree to increase purchases of US agricultural exports and Boeing planes during the summit, but is unlikely to make concessions on rare earths—a sector it dominates—without major political trade-offs from the US. The Geopolitical Chessboard: Iran Conflict and Global Implications The US-Israel war on Iran will loom large over the summit. Although not a direct participant, China has been significantly impacted by the economic fallout of the conflict and the shutdown of the Strait of Hormuz, through which one-fifth of global oil and natural gas supplies typically pass. Beijing has consistently called for negotiations and a comprehensive ceasefire since the conflict began, a message Xi is likely to reiterate. Despite Trump stating he doesn't need China's "help" resolving the war, the White House has pressured Beijing to influence Iran to reopen the strait. China has maintained a "comprehensive strategic partnership" with Iran since 2016 and purchases more than 80% of its oil, though Xi is expected to limit China's role to mediation, consistent with its non-intervention foreign policy principle. The Future of US-China Relations: Strategic Adjustments and Long-term Planning For Beijing, the stakes are particularly high as its view of Trump has shifted from a "predictable transactional counterpart" to a "more action-oriented and harder-to-restrain opponent." Rather than securing immediate concessions, China's priority is "trying to adjust the current strategic position and negotiating pace that are unfavorable to it, and bring US-China interactions back into a framework that it can better control." Xi may also support Trump's plan to create a "Board of Trade" and "Board of Investment" to oversee US-China economic ties, as Beijing seeks predictability and certainty for the remainder of Trump's term through January 2029. This stability would allow China to plan its own economic policies with greater confidence, particularly regarding tariff levels and trade relationships.

The Cultural Phenomenon Returns On a chilly morning at a Silvertown studio behind London City airport, the sunburst intro to Jimmy Cliff's The Harder They Come is on repeat. Dancers run through a routine studded with reggae and dancehall moves. "Get high," commands associate choreographer Neisha-yen Jones with a smile. "Get low!" The ensemble rise and dip. They do the bogle and whine around each other as their watchful director Matthew Xia nods along. They circle Natey Jones who breaks out the opening line: "Well, they tell me of a pie up in the sky." In the distance, a plane leaves the ground. From Film to Theatrical Celebration It's eight months since The Harder They Come's full-throttle takeoff at Stratford East, where the musical was so popular that it is now returning for a second run which will also serve as a eulogy for Cliff who died in November. Playwright Suzan-Lori Parks' adaptation of Perry Henzell's 1972 Jamaican film is bolstered by a handful of her own songs as well as classics including Israelites and Wonderful World, Beautiful People – plus every number on the film's monumental soundtrack. Jones is reprising the role of Ivan (played on screen by Cliff and inspired by real-life outlaw Rhyging), who arrives in Kingston from the country and is dismissed and exploited, before becoming both a hit singer and a fugitive. The Evolution of a Cultural Narrative The original was akin to cinéma vérité, directly evoked spaghetti westerns and veered into blaxploitation territory; Ivan's tale has gained greater warmth, humour and protest spirit on stage. It was the best musical I saw in 2025. "The story is a tragedy but the theatrical event is a celebration," says Xia of his production. Twenty years ago, the film was adapted as a musical with a book by Henzell, also at Stratford East. "It all started at Ivan's Nine Night," Xia recalls. "There was a massive poster of Ivan on the wall, with everyone coming, and it was told in retrospect with vignettes." Choreography and Cultural Connection Shelley Maxwell, recently arrived from Jamaica, was watching the musical in the audience one night and has since become the choreographer of the new production. She has fused the folk dance forms of revivalism and pocomania, learned in her childhood, with reggae, dancehall and moves that today's teenagers can recognise. "I wanted to tap into the youth market," she says. It's brought some enthusiastic feedback from audience members who may not know the film. "Like: 'Oh my God, they did that step I always do at a party!' It allows them to form a connection." Authenticity and Cultural Representation Xia, wearing trainers in the Jamaican flag's colours, and Maxwell, whose tracksuit has the same black, green and gold trim, were intent on instantly transporting their audience to Kingston. The opening, says the director, is an "establishing shot" with characters coming and going on Simon Kenny's magnificent multi-level set, accompanied by Toots and the Maytals' hit Funky Kingston. To borrow from its lyrics, you really can believe everything they do. Even each move in the dominoes game we see is scripted, explains Maxwell, who mapped out the market scene with precision: "Where are you going to? How heavy is the item that you're holding? This is the swing of the hips." Social Commentary Through Performance Xia, whose father came to England from Jamaica in the 1970s, praises the freewheeling realism of the film. "Lots of the background performers are just whoever happened to be in the market that day, or walking through the shantytown. Lots of the actors were people that Perry knew, they had no training." Henzell, says Xia, showed "the part of Jamaica that had always been hidden, people living hand to mouth". The musical depicts a "quartet of oppression" against Ivan, as he takes a stand against individuals representing hypocrisies of the church, law, drugs trade and music industry. Universal Themes and Contemporary Relevance The Harder They Come was both a pioneering example of independent film-making for Jamaicans and a portrait of a newly independent country. Maxwell, who grew up glued to Hollywood musicals, says it was empowering to discover a film full of the Jamaican songs she loved. "I was probably way too young when I saw it. But what I saw was the world around me." She traces how different forms of music played a pivotal part in the country establishing its identity, moving from African forms and American R&B; to mento, ska, rocksteady, reggae and the rise of Bob Marley and Jimmy Cliff. Maxwell captures that chain reaction with a tantalizing question: "What's this groove becoming?" Transforming the Narrative for Modern Audiences The musical also makes its hero's actions more understandable. "In the film, Ivan becomes a kind of wanton murderer," says Xia. In the musical, "he accidentally shoots a police officer when he's under threat, is remorseful, yet also knows that if he gives himself in then that's the end of his journey". Another significant change is the depth given to the principal women – Ivan's mother Daisy and Elsa, with whom he falls in love under the eye of her authoritarian guardian, the preacher. "The moral heart of the piece now resides in those two women," says Xia. Maxwell transforms a brief sequence from the film, in which Ivan imagines a tryst with the devout Elsa, into a floor-trembling set piece when the preacher's congregation lose their robes to indulge in lustful fantasy. The male gaze of the original scene is duly excised: "it had to be like it was both of them in partnership in that fantasy world," says Maxwell, who adds that the nature of dancehall – "grinding, gyrating on another body" required her to use her skillset as an intimacy director.

The Unlikely Footballer's Professional Debut Cristo Fernández, known for his role as Dani Rojas in the hit Apple TV+ show Ted Lasso, has taken his passion for football from the small screen to the professional soccer pitch. The 35-year-old actor has signed a contract with El Paso Locomotive FC, a team in the USL Championship, the second tier of American soccer. Fernández's Football Background Fernández's journey in football began in Mexico, where he played youth football before a knee injury forced him to step away from the sport at the age of 15. Despite his acting career taking off, Fernández continued to pursue his football dreams. This year, he trained with the Major League Soccer side Chicago Fire's reserves. The Road to El Paso Locomotive FC Before joining El Paso Locomotive FC, Fernández had a two-month trial with the club, which included a pre-season appearance. His determination and passion for the game caught the attention of the team's head coach, Junior Gonzalez. Fernández's addition to the roster is seen as a significant boost, adding another attacking threat to the team's forward line. What's Next for Fernández? El Paso Locomotive FC, founded in 2018, currently sits fourth in Group B of the USL Championship standings. With Fernández on board, the team aims to continue growing its positive culture and making strides in the league. For Fernández, this opportunity marks a new chapter in his life, one where he can combine his love for football with his experience as a professional athlete.

The Trump-Xi Summit: A Pivotal Moment in US-China Relations Donald Trump's state visit to China this week – the first by the US president in nearly a decade – comes amid a time of geopolitical upheaval, a new and intractable conflict in the Middle East, and a sometimes rocky relationship between the world's two major superpowers. There is much for Trump and Xi Jinping to discuss, but a few key issues are likely to dominate the agenda. Five Critical Issues on the Summit Agenda The high-stakes meeting between the two leaders addresses several pressing matters that could reshape the global landscape: The Iran Conflict and Hormuz Strait Crisis Trump is eager for China to lean on Tehran to advance peace talks and reopen the strait of Hormuz. To now, Beijing has sat back and watched the US struggle against Iran, at least publicly. But with about half of China's crude oil imports passing through the strait, Xi does want the waterway unblocked. China knows its exports will suffer if a global recession results from an oil supply crisis. Complicating the picture, the US this week put sanctions on several Chinese firms accused of assisting Iranian oil shipments and supplying satellite imagery allegedly used in Iranian military operations, claims that Beijing denied. Trump's arrival comes after Iran's foreign minister, Abbas Araghchi, visited Beijing last week. Taiwan: The Flashpoint in US-China Relations Beijing is keen to push the US on Taiwan, with Trump saying he is prepared to raise the issue of arms sales to the island, which China claims as a breakaway territory despite never having ruled it. In December, Trump authorised an $11bn arms package for Taiwan, the largest weapons sale ever to the island, but no shipments have been made yet. Xi may seek changes in how the US refers to Taiwan. Ideally, from the perspective of Beijing, this would be a statement from Washington "opposing" Taiwan's independence rather than "not supporting" it. Taiwan will be watching closely. Just two weeks ago, China's foreign minister in a phone call with Marco Rubio urged the US to "make the right choices" on Taiwan. With Trump known to veer off script, John Kirby, a former US state department and Pentagon spokesperson cautioned: "They just have to be so extraordinarily precise when you're talking about Taiwan because, quite frankly, the stakes are enormously high." The AI Cold War: Technological Supremacy at Stake China and the US are locked into a race on artificial intelligence that is becoming something of a technological cold war. In April, the White House accused China of stealing US AI labs' intellectual property on an industrial scale, claims Beijing denied. Meanwhile, Beijing has been frustrated by Washington's reluctance to allow Nvidia to export its most powerful processing chips to China. In January, the White House said Nvidia could export its second most powerful chip, the H200, but no shipments have been sent yet. Analysts and ethics leaders hope Trump and Xi will discuss non-binding AI guidelines, including sharing information about AI misuse and safety, which are seen as critical guardrails amid the advent of AI weaponry and military adoption. Trade War: Rare Earth Minerals and Economic Leverage Trump has repeatedly threatened China over trade, imposing tariffs above 140% last year. But Xi held some cards of his own and did not fold. Instead, China blocked exports of its rare earth minerals and magnets to the US. Trump, finally, backed down. The US has depleted notable levels of its weapons arsenal in the war against Iran, with many weaponry components requiring critical minerals that are linked to supply chains dominated by China. China is expected to announce purchases related to Boeing airplanes, American agriculture and energy, US officials have said. In turn, Beijing wants the US to ease curbs on exports of advanced semiconductors. Beijing also wants to reduce barriers to investment in the US, and hopes to establish a Board of Investment to match the Trump-back Board of Trade. Fentanyl: The Drug War and Political Posturing Fentanyl is a key item on Trump's agenda this week, Politico reported, citing an administration official granted anonymity to preview the closed-door sessions. The US has long accused Chinese businesses of knowingly supplying the chemical precursors to Mexican cartels who use them to make the drug. Trump knows that being seen to press China hard over fentanyl and precursors plays well with his Maga base. But Trump lost important leverage on the fentanyl front when China defied his tariffs threats. In March, the US and China clashed over fentanyl and trade at a UN drugs meeting. China wants to be removed from the state department's annual list of "major drug transit or illicit drug producing countries", due to be updated in September.

Morning Snapshot: UK Bond Market Bruised by Political Turbulence Good morning, and welcome to our rolling coverage of business, the financial markets and the world economy. The UK bond market is bruised this morning after a day of political turbulence drove up Britain’s borrowing costs. Rising Yields: 10‑Year Gilt Above 5% – Highest Since 1998 UK long‑term bond yields hit their highest levels in 28 years on Tuesday, pushing the 10‑year gilt yield back above 5%, the highest level since 1998. Numbers at a Glance: Yield Spike and Borrowing Cost Implications 10‑year gilt yield: > 5% (first time above 5% since 1998) Yield rise triggered by fears of a left‑leaning Labour government and potential fiscal expansion. Higher yields mean investors demand greater compensation, increasing the cost of borrowing for the UK Treasury. Political Shockwaves: Labour Leadership Uncertainty and Reform’s Rise Investors are wary that a shift to the left under Keir Starmer could lead to higher spending and larger deficits. At the same time, the prospect of Nigel Farage entering Downing Street after Reform’s gains in the recent local elections adds another layer of uncertainty. Senior analyst Ipek Ozkardeskaya of Swissquote notes that the market is "grappling with their own political shakeups" and that the combination of fiscal concerns and inflation outlook is driving yields up. Market strategist Bill Blain of Wind Shift Capital cautions that investors may not view Reform as a "safe pair of hands" for managing the bond market and public spending. Looking Ahead: What the King’s Speech Could Mean for Debt Markets The UK government will outline its legislative agenda in the King’s Speech later today, which could provide some respite for Keir Starmer amid ministerial resignations and calls for his departure. 10am BST: IEA monthly oil market report 10am BST: Eurozone GDP report (latest estimate for Q1 2026) 1.30pm BST: US producer prices inflation report for April 3pm BST: Bank of England policymaker Catherine L. Mann to release speech on “The UK’s international exposures and vulnerabilities”