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In a night that felt more theatrical than competitive, Paris Saint‑Germain secured a 2‑0 victory over Liverpool at the Parc des Princes, leaving the English champions questioning their own identity ahead of the second leg.While Liverpool’s players showed resilience by refusing to abandon the fight, the result underscores a deeper issue: the team has lost five of their last eight matches and currently sits fifth in the Premier League, just three points clear of Everton in eighth place. The margin is razor‑thin and the pressure is mounting.PSG’s performance was a masterclass in flair and efficiency. Their first goal set the tone, but it was the second strike at the 66‑minute mark that captured headlines. Georgian winger Khvicha Kvaratskhelia received a swift pass from João Neves, surged past two Liverpool defenders with remarkable balance, evaded Ryan Gravenberch’s challenge, and finished with a composed right‑footed shot that left the Anfield side scrambling.The goal highlighted PSG’s technical edge: their movement was fluid, their ball control assured, and their finishing clinical. In contrast, Liverpool’s pressing strategy, orchestrated by manager Arne Slot, appeared tentative. Slot’s early enthusiasm has given way to a more nervous demeanor, as reflected in his subdued sideline presence.Beyond the scoreline, the match exposed Liverpool’s structural deficiencies. The team’s lack of a clear pattern and the absence of a recognizable “Liverpool goal” raise questions about the effectiveness of Slot’s tactical overhaul, often dubbed “Slot 2.0”.Adding to the narrative, midfielder Dominik Szoboszlai walked off the tunnel alone, a symbolic gesture that contrasted sharply with the collective pursuit of the manager by his teammates. The moment, while minor, hinted at a growing disconnect within the squad.PSG’s dominance was not limited to the goals. Their pre‑match spectacle—flashing lights, dramatic sound cues, and a flamboyant PA announcer—set a tone of confidence that translated onto the pitch. The French side’s control of possession and spatial awareness suggested they could have added another goal with more ruthless finishing.For Liverpool, the defeat is a sobering reminder of the challenges ahead. After a heavy loss to Manchester City in the FA Cup, the Reds entered Paris with evident apprehension. The 2‑0 result, while disappointing, may serve as a catalyst for introspection before the return leg at Anfield.Looking forward, the upcoming fixture at Anfield will test whether Liverpool can summon the “deep Anfield voodoo” that fans often cite as a turning point. The stakes are high: a positive result could revive their European ambitions, while another setback may cement doubts about their season trajectory.

When Elle Middlemas turned 18, she began wondering whether she owned a Child Trust Fund (CTF) – a government‑backed savings account created for children born between 1 September 2002 and 2 January 2011. Her search hit a dead end; she could not confirm if she was entitled to any money and an email to HMRC yielded no response.Middlemas, a Whitby college student, explained that the loss of her mother at age 11 left her with little guidance. “My sister is 21 and spent three years looking for a fund and found nothing, so we assumed we didn’t have one,” she said, expressing the frustration felt by many of her peers.She and her sister are part of an estimated 758,000 people aged 18‑23 who have unclaimed CTFs. Collectively, these dormant accounts hold roughly £1.5 bn, a substantial sum that disproportionately belongs to low‑income families who are often unaware of its existence.Advocates are now pressing the government to automatically release CTFs when holders reach 21 years of age. Experts estimate that such a policy could inject up to £286 m directly into the pockets of young people who need it most.Middlemas finally learned of her entitlement after a conversation with a friend’s parent six months after her birthday. She discovered the Share Foundation, a charity that helps reconnect youths with their funds, and located a NatWest account bearing her name.“I had £700 sitting in my bank and thought, ‘What is going on?’ My sister also had one but never knew how to access it,” she recalled. The sisters plan to use the money to support university expenses and repay debts, underscoring the tangible impact of the scheme.The CTF programme was launched by the Labour government in 2005 to encourage parental savings. Every child received a £250 government contribution, with an additional £250 for those from low‑income families or in local authority care. Parents could add up to £9,000 per year, and any investment gains accrued until the child turned 18.If a parent failed to open an account within 12 months of birth, HMRC would create one on the child’s behalf. Today, the average value of a CTF stands at about £2,200.More than two‑thirds of the six million original recipients are now over 18 and eligible to claim their funds, with HMRC‑allocated accounts representing 28 % of all CTFs.Geographically, the North‑East of England has the highest concentration of HMRC‑allocated accounts, totalling £48 m. Across the UK, youths from the most disadvantaged 15 % of families hold accounts averaging £2,900 in value.Gavin Oldham, chief executive of the Share Foundation, warned that the scheme is hampered by poor communication, limited financial education, and “policy neglect”. He indicated the charity is considering a judicial review to compel the government to release the unclaimed assets.Oldham noted that the charity has already linked “well over 100,000 accounts to young adults”, yet the “sheer quantum of these unclaimed accounts remains a major problem”.“It is strange to find a government which expresses concern over youth poverty while doing so little to deliver on a groundbreaking scheme,” Oldham added.The charity’s proposal to release HMRC‑allocated funds automatically at 21 would free roughly £500 m, including £350 mOldham cautioned that a legal challenge, while potentially successful, could delay payouts for years, leaving vulnerable youths “denied their birthright for far too long”.Beyond immediate release, the Share Foundation is urging the creation of a new, targeted scheme for low‑income youths that embeds a financial‑awareness component, allowing participants to top up their funds through education‑linked incentives.Labour MP Laura Kyrke‑Smith echoed these concerns, describing the CTF system as “confusing and opaque” and calling for proactive tracing of account holders and clearer public information.HMRC responded that it is “directly sending every eligible young person information to help them find their child trust fund”, while also raising awareness via social media, broadcast interviews, and an online tracing tool. The agency added that banks, building societies, and investment firms managing the funds share responsibility for communicating with account holders.

Japan's economic strategy has inadvertently created a Japanese century in global finance, driven by the yen's role as a cheap and reliable funding currency. The Bank of Japan's loose monetary policy has suppressed yields on public debt, effectively creating a publicly subsidized funding pipeline for bankers.By borrowing cheaply in yen and investing in higher-return assets, such as US equities, global investors have profited tens of billions of dollars from the 'yen carry trade'. This trade surged after the pandemic, with speculators betting $435bn in the two years to 2024 out of the estimated $1.7tn worth of yen supplied.Despite Japan's first rate hike since 2007 in March 2024, the carry trade remains popular. However, a persistent fear exists that the BoJ may aggressively raise rates, risking a global financial shock. A stronger yen would increase the cost of repaying yen-denominated debts, and heavily leveraged hedge funds could face significant losses.Japan's economic success has created an external dependency on the carry trade to manage internal crises. The country's reflationist prime minister, Sanae Takaichi, is committed to fiscal expansion, which may continue to stabilize the private sector but not necessarily drive growth.Economic analysis suggests that Japan's growth constraints are rooted in its macroeconomic prices, including profit, exchange rate, interest, wages, and inflation. While Japan has seen recent real wage growth, wages have historically been flat or falling, and the country's firms lack a reliably competitive exchange rate and viable profit rate to drive demand and reform.

The United States succeeded in extracting the remaining crew member of an F‑15E Strike Eagle that was downed over Iran, but the 48‑hour rescue exposed the high financial and operational risks of the conflict.While former President Donald Trump is likely to spin the operation as a propaganda win, analysts note that the incident – occurring just five weeks into the war – is a stark reminder that an undefeated Iran can still inflict costly setbacks on U.S. forces.The aircraft was the first U.S. warplane shot down by hostile forces since 2003, highlighting the rarity of such losses in a campaign where U.S. and Israeli jets are reportedly conducting 300‑500 airstrikes per day on Iranian targets.Financially, the episode was significant. An F‑15E costs roughly $31 million (potentially up to $100 million for a new model), while each modified C‑130 Hercules rescue transport carries a list price of about $115 million. Two of these were lost after becoming stuck on an abandoned airstrip south of Isfahan and were destroyed by U.S. forces to prevent capture. An HH‑60 Pave Hawk helicopter also sustained gunfire damage.Combined, the destroyed and damaged airframes push the total expense of the rescue operation beyond $250 million, a figure that dwarfs the strategic value of a single crew member.Before the conflict, the U.S. special‑force command fielded 218 F‑15E Strike Eagles and 55 C‑130s, according to the International Institute for Strategic Studies, underscoring that the loss of a few aircraft, while costly, does not fundamentally alter U.S. air superiority.Politically, the rescue was essential to avoid a Tehran propaganda coup reminiscent of the 1979‑80 U.S. embassy hostage crisis. Capturing an American airman would have provided Tehran with a powerful bargaining chip.Iranian forces failed to locate the crew or contest the U.S. use of the abandoned airfield, possibly due to the presence of Reaper drones tasked with neutralising any Iranian personnel within a three‑kilometre radius.The incident also raises doubts about the feasibility of a proposed U.S. ground operation to seize an estimated 440 kg of highly enriched uranium hidden in underground canisters near Isfahan. The loss of rescue assets illustrates the heightened risk of any such incursion.Despite more than 15,000 airstrikes against Iran to date, Tehran can still turn relatively minor U.S. or Israeli losses into a propaganda victory, proving that in an asymmetric conflict the weaker side needs only a single lucky strike to make a global impact.

Daniel Peretz, the Southampton goalkeeper on loan from Bayern Munich, has expressed his pride in representing Israel during a tumultuous period marked by war and geopolitical conflict. With his family in Tel Aviv, Peretz shares the challenges of balancing his international duties with the safety concerns of his loved ones.Peretz's excitement about facing Arsenal in the FA Cup quarter-finals is palpable, but he also acknowledges the gravity of the situation in Israel. His family adheres to air raid sirens by heading to bunkers and safe rooms, a routine that has become all too familiar. Despite the distance, Peretz stays connected with his family, ensuring they are safe and focused on their instructions.When asked about playing for Israel being bittersweet, Peretz notes that the only bitter aspect is not qualifying for the World Cup and not playing at home. Israel's home games have been held in Hungary for the past three years, but Peretz hopes for a future where they can play at home with their fans.Peretz is known for his positive outlook and has a close relationship with his idol, Manuel Neuer. He recalls his first encounter with Neuer, feeling nervous but inspired. Peretz also shares his experiences with Harry Kane's penalty techniques, noting that saving one in 10 against Kane is a good statistic.As Southampton prepares to face Arsenal, Peretz emphasizes that while they have respect for their opponents, they are not afraid. He believes that if anyone doubts their abilities, they shouldn't participate. With a 14-game unbeaten run in all competitions, Peretz and his team are confident in their abilities.Peretz's future at Southampton is also a topic of discussion, with a £7m buy option in place. He is open to staying but acknowledges that promotion to the Premier League could impact his decision. For now, he is focused on finishing the season strongly.

A Lebanese‑French visual artist, Ali Cherri, has lodged a formal complaint with the French war‑crimes unit in Paris, accusing Israel of committing a war crime after a 2024 airstrike on his family home in Beirut killed his parents and a domestic worker. The filing marks the first time a French court has taken up a case concerning Israel’s bombing of Lebanon and is an unusual move by an individual to pursue war‑crimes accountability. Israel has faced repeated accusations of violating international humanitarian law in Lebanon and Gaza, including attacks on civilians, medical facilities and forced displacement, yet no Israeli officials have been prosecuted to date. Cherri said, "Our demand is that an investigation is opened so that we know for a fact what happened, to name this attack as a war crime against civilians, and hopefully be able to name the people responsible." The apartment, built by his grandparents in central Beirut, was struck a few hours before a cease‑fire between Hezbollah and Israel took effect on 26 November 2024. The 13‑month conflict had already claimed roughly 4,000 Lebanese lives. The blast, which gave no prior evacuation warning, destroyed three floors, killing Cherri’s 86‑year‑old father Mahmoud Naib Cherri, 76‑year‑old mother Nadira Hayek, their employee Birki Negesa and four other civilians. In February, Amnesty International’s investigation concluded there was no military target at the time of the strike and urged that the incident be examined as a war crime. Forensic Architecture, a UK‑based investigative group that helped draft the complaint, produced a 3‑D reconstruction of the building and identified the munition as a GBU‑39 guided bomb – a 250 lb US‑made weapon frequently used by Israel in Lebanon and Gaza. The analysis underscored the targeted nature of the attack and, according to the group, demonstrated direct responsibility of the Israeli army. Amnesty International’s regional director for the Middle East and North Africa, Heba Morayef, called the French civil complaint “a rare opportunity” to hold Israel accountable in a European court, given the usual impunity. The case arrives amid renewed hostilities: on 2 March Hezbollah fired rockets at Israel, prompting an Israeli aerial campaign and ground invasion that has killed 1,318 people so far. Photographer Mohammed Shehab, who collaborated with Forensic Architecture on the Cherri investigation, was himself killed in an Israeli strike on 11 March, which also claimed his infant daughter’s life and wounded his wife – an incident the group described as “circumstances similar” to the Cherri bombing. While Cherri doubts any Israeli officials will face criminal charges, he insists that filing the suit is a moral duty to give a voice to victims who cannot pursue legal recourse themselves.

The friendly staged at Everton’s Goodison Park gave Merseyside’s hospitality sector a short‑term boost, but it also underscored lingering doubts about Scotland’s chances at the 2026 World Cup in North America.Manager Steve Clarke entered the match after a wholesale reshuffle that saw only Andy Robertson and Scott McTominay retain their starting spots. Robertson’s appearance made him the second‑most capped Scottish player in history, now within ten caps of legend Kenny Dalglish.Scotland began brightly, with George Hirst of Ipswich Town providing the pace and threat that many expect to earn him a place on the U.S. squad. However, the side’s defensive frailties were exposed early, especially between the posts. Angus Gunn was forced into goal despite limited club minutes, while veteran Craig Gordon remains sidelined with injury.Clarke responded by switching from a traditional back‑four to a three‑man defence at halftime, introducing Scott Bain for understudy Liam Kelly. The tactical tweak did little to stem the Ivorian onslaught.The decisive moment arrived when a rebound from an Elye Wahi effort hit the post, allowing Nicolas Pépé to finish cleanly. The goal highlighted the technical and physical superiority of the Ivorian forwards, who continued to dominate the first half with crisp, one‑touch play.Scotland’s supporters voiced their displeasure, booing the team at the break – a clear sign of growing frustration after a series of underwhelming performances, including a recent 1‑0 loss to Japan.Beyond the single goal, the match exposed a broader issue: Scotland’s current squad struggles to match the pace, precision and depth of opponents like Côte d’Ivoire. With the World Cup looming, Clarke faces mounting pressure to close the gap, whether through further tactical adjustments or personnel changes.Late‑stage attempts by Scotland, including a long‑range strike from McTominay and a defensive block by John Souttar, fell short. The Ivorian side, buoyed by Wahi’s continued threat and a solid performance from goalkeeper Alban Lafont, secured a comfortable victory that will linger in the minds of Scottish fans and officials alike.

England's World Cup preparations have hit a snag with several key players withdrawing from the squad due to injuries. John Stones, Declan Rice, Bukayo Saka, and Noni Madueke have all pulled out of the team's friendly match against Japan.Manager Thomas Tuchel had named an oversized 35-man squad for the current camp, with plans to trim the group before the World Cup. However, the spate of withdrawals has complicated his plans. Rice and Saka were among 11 players who joined the squad late, and their absence will be felt against Japan.Stones was due to start against Uruguay but pulled out with a calf injury. The experienced defender has made only 19 appearances for club and country this season, and his exit raises doubts about his World Cup participation.The Arsenal trio of Rice, Saka, and Madueke have all withdrawn from the squad. Madueke limped off against Uruguay with an injury and has been sent for treatment. Rice and Saka will return to their club for assessment on minor problems.The withdrawals have left Tuchel with a selection headache ahead of the World Cup. Harry Maguire and Ben White are likely to feature against Japan, while Phil Foden's participation is uncertain after he struggled against Uruguay.

BTS, the world's biggest pop band, has made a significant comeback with their new album 'Arirang', which showcases a blend of K-pop experimentation and memorable hooks. The album, named after a traditional Korean folk song, aims to reclaim the band's identity as a Korean act after their previous work became more westernized. The album features collaborations with western artists such as Jpegmafia and El Guincho, known for their work with Björk and Rosalía. The result is a diverse sound that captures the K-pop spirit of experimentation while maintaining a litany of catchy hooks. The album is divided into two distinct moods, with the opening trio of songs showcasing RM as the band's guiding creative force. The songs feature elastic beats, echo-laden drums, and processed vocals, demonstrating the band's ability to have fun and experiment with different sounds. The lead single, 'Swim', is a softer, more straightforward pop track that is expected to top the charts globally. However, the album also features deeper tracks like 'Merry Go Round' and 'Animals', which showcase the band's ability to balance light and serious themes. While the album has some minor flaws, such as duplicate themes and underwritten tracks, it concludes with a surprise: 'Into the Sun', a stripped-back track with vocal effects that adds a curious edge to the album. Overall, 'Arirang' is a successful bid by BTS to reclaim their status as a Korean act and a global pop phenomenon.