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World Economy Apr 10, 2026

IMF Flags Inflation Surge as US‑Israel Conflict Over Iran Threatens Global Growth

The International Monetary Fund warned that the ongoing US‑Israel war against Iran could spark a wo…
The International Monetary Fund has cautioned that the US‑Israel war on Iran could ignite a new wave of global inflation, jeopardising the outlook for world growth even if the current cease‑fire endures. IMF Managing Director Kristalina Georgieva announced on Thursday that the Fund will lower its growth projection for the global economy at next week’s IMF‑World Bank Spring Meetings, stating that the conflict has turned a potential upgrade into a growth downgrade. Earlier this year the IMF had lifted its forecast to 3.3 % growth for the 191‑member economies. That optimism evaporated after the war erupted on 28 February, driving up oil and natural‑gas prices, damaging energy infrastructure such as refineries and tanker terminals, and disrupting fertilizer shipments essential for global agriculture. Georgieva warned that the conflict is eroding business and consumer confidence and urged member nations to “get your house in order” as heightened defence spending adds further strain to the world economy. She also expressed confidence that the IMF will secure U.S. congressional approval this year for a 50 % increase in quota‑based lending resources, unlocking more of its roughly $1 trillion lending capacity. The United States, the Fund’s largest shareholder, would thereby provide crucial financial reassurance amid uncertain future developments. In a newly released report, the IMF estimated that countries directly involved in armed conflict typically see output fall by about 3 % at the outset, accumulating to roughly 7 % losses over five years. However, the study noted that economies like the United States may avoid severe economic damage because the fighting does not physically affect their own territory. Central banks are also on alert. Georgieva emphasized that “the central bank cannot afford to let inflation spiral out of control,” a statement that precedes the U.S. Federal Reserve’s two‑day policy meeting scheduled for 28–29 April, where interest‑rate decisions will be made amid political pressure from President Trump to lower rates. Other monetary authorities, including the Bank of Mexico, warned that the Middle‑East turmoil could push inflation higher in Latin America’s second‑largest economy, underscoring the broader spill‑over risks of the conflict.
#imf #economy #war
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Sports Apr 09, 2026

Tyson Fury Makes Fifth Comeback to Challenge Arslanbek Makhmudov at London’s Tottenham Hotspur Stadium

Former two‑time heavyweight champion Tyson Fury returns from a 15‑month retirement to face Dagestan…
Event details: The heavyweight showdown between Tyson Fury and Arslanbek Makhmudov is scheduled for Saturday, 11 April 2026. The main card will tip‑off at 19:00 GMT, with the headline bout slated for just after 22:00 GMT at the Tottenham Hotspur Stadium in London. The fight will be streamed live on Netflix, while Al Jazeera will provide a text‑based live commentary starting at 18:00 GMT. Fury, the 37‑year‑old former two‑time world champion, returns after a 15‑month hiatus following consecutive defeats to Oleksandr Usyk. His professional record stands at 34‑2‑1 with 24 knockouts, and he towers at 206 cm (6 ft 9 in) with a 216 cm reach. Makhmudov, a 36‑year‑old Dagestani‑born Canadian resident, holds a 21‑2‑0 record, 19 of those wins by KO, measures 198 cm (6 ft 6 in) and has a 194 cm reach. The bout is billed as a 12‑round heavyweight clash, offering Fury a chance to rebuild his résumé and potentially earn a high‑profile encounter with fellow Briton Anthony Joshua. Makhmudov, however, is far from a tune‑up opponent; 90 % of his victories have come by knockout, and he has demonstrated power against seasoned fighters such as Dave Allen and Carlos Takam. Fury’s perspective: In a recent BBC interview, the “Gypsy King” said he feels “as good as I’ve ever felt” and is “as sharp as I’ve ever been,” emphasizing the need to be at peak form to survive Makhmudov’s single‑punch knockout power. He added that a win would pave the way for a long‑desired showdown with Joshua. Makhmudov’s outlook: The Dagestani fighter described Fury as a “legend” and expressed confidence in his ability to win, noting that the contest will test both mental and spiritual strengths. He hinted at a philosophical edge, saying, “It’s a war between mind and spirit – Inshallah the spirit wins.” Beyond the headline fight, the co‑main event will feature Conor Benn versus Regis Prograis** at 21:30 GMT, marking Benn’s first bout under Zuffa Boxing after parting ways with Matchroom. The British heavyweight title will be defended by Jeamie Tshikeva against Richard Riakporhe**, while Frazer Clarke meets Justis Huni** in a heavyweight clash. Preliminary action includes middleweight, light‑welterweight and flyweight contests, rounding out a full card designed to keep fans engaged throughout the evening. Personal drama adds intrigue: Fury’s father, “Big John” Fury, who has been a vocal presence in his son’s career, is reportedly absent after a recent fallout, though Tyson downplays the impact, stating that the crowd’s composition is irrelevant to his focus. Overall, the London event promises a high‑stakes narrative – a veteran champion seeking redemption, a rising knockout artist eager to cement his status, and a potential pathway to a blockbuster British heavyweight showdown later in the year.
#Tyson Fury #Arslanbek Makhmudov #Tottenham Hotspur Stadium
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News Apr 09, 2026

Ukraine's Veterans' Theatre: Healing War Wounds Through Performance

In Kyiv, Ukraine, the Veterans' Theatre provides a platform for soldiers, their wives, and widows t…
In the heart of Kyiv, Ukraine, a unique theatre has emerged as a beacon of hope and healing for those affected by war. The Veterans' Theatre, founded in 2024, provides a platform for soldiers, their wives, and widows to share their experiences and find catharsis through performance.One of the theatre's most poignant productions is 'Twenty One', a play that explores the struggles of a soldier's wife, Maryna, as she waits anxiously for her husband's return from the front line. The play, written by Olha Murashko, is an autobiographical account of the emotional toll of war on those left behind.The theatre's approach is rooted in the idea that sharing one's experiences can be a powerful tool for healing. By dramatizing their stories, participants are able to process their emotions and find a sense of closure. The theatre's director, Kateryna Vyshneva, believes that this collective catharsis is essential in helping individuals cope with the trauma of war.The Veterans' Theatre serves as a therapeutic outlet for its participants, providing a safe space for them to express their emotions and connect with others who have gone through similar experiences. As the theatre continues to grow and evolve, it is clear that its impact will be felt for generations to come.
#ukraine #war #catharsis
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Sports Apr 09, 2026

Tyson Fury Eyes Anthony Joshua Bout After Makhmudov Comeback Fight

Tyson Fury aims to fight Anthony Joshua if he wins his comeback against Arslanbek Makhmudov, settin…
Tyson Fury, the 37-year-old British former heavyweight world champion, has come out of retirement for the fifth time in his career to face Canada-based Russian Arslanbek Makhmudov at the Tottenham Hotspur Stadium in London on Saturday. Fury is looking beyond this weekend's fight, expressing his desire to face Anthony Joshua in a long-awaited bout if he emerges victorious.In a recent interview with BBC Radio, Fury stated, “I’ve got Arslanbek Makhmudov to think of on Saturday night, but all going well [Joshua is] the fight I want next.” He also mentioned that he is ready for the fight immediately after his comeback bout.Joshua, 36, recently secured a sixth-round knockout victory over American Jake Paul in Miami. However, his plans for the next fight are still uncertain following a car accident in Nigeria that resulted in the death of two close friends.Meanwhile, American former WBC world champion Deontay Wilder has also called out Joshua for a matchup after beating Briton Derek Chisora on a split decision last Saturday. Boxing promoter Eddie Hearn has advised Joshua to take time to heal before considering another fight.Fury, who last fought in December 2024, losing to Ukraine's Oleksandr Usyk, dismissed the idea of a Joshua versus Wilder fight, describing their recent bout as sad to watch.
#Tyson Fury #Anthony Joshua #Arslanbek Makhmudov
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World Economy Apr 09, 2026

Argentina Approves Bill Allowing Mining in Glacier Areas

Argentina's Chamber of Deputies has approved a bill allowing mining in ecologically sensitive glaci…
Argentina's lawmakers have given the green light to a bill championed by President Javier Milei that permits mining in sensitive glacier and permafrost regions. The move has sparked fierce criticism from environmentalists, who argue it jeopardizes vital water sources. The bill, which was already approved by the Senate in February, passed with 137 votes in favor, 111 against, and three abstentions in the Chamber of Deputies after a marathon 12-hour debate. This development is seen as a significant victory for Milei, who has been pushing for looser regulations to attract large-scale mining projects. Environmentalists have expressed deep concerns that the reforms will undermine protections for glaciers and permafrost, which are crucial for water supplies. Thousands of people demonstrated outside parliament, with some protesters clashing with police. Banners displayed slogans such as 'Water is more precious than gold!' and 'A glacier destroyed cannot be restored!' The bill allows for mining of metals like copper, lithium, and silver in the Andes mountains. Argentina is a major producer of lithium, a critical component for the global tech and green energy sectors. The central bank forecasts that mining exports could triple by 2030. Milei, who does not believe in man-made climate change, argues that the bill is necessary for economic growth. 'Environmentalists would rather see us starve than have anything touched,' he has stated. The reform gives provinces more power to decide which areas to protect and which to exploit economically. Environmental activist Flavia Broffoni countered that 'the science is clear' and that creating a 'sustainable mine' in a periglacial environment is not possible. With nearly 17,000 glaciers and rock glaciers in Argentina, concerns over glacial reserves shrinking due to climate change add urgency to the debate.
#argentina #mining #glaciers
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Politics Apr 09, 2026

Gulf States Cautious as US-Iran Truce Sparks Uncertainty Over Hormuz Strait

The recent US-Iran truce has brought relief to the Gulf region, but Gulf states remain wary of Iran…
The Gulf region breathed a sigh of relief on Tuesday after Iran and the United States agreed to a two-week truce, halting over five weeks of escalating attacks and hostile rhetoric.However, Gulf states are expressing caution, concerned that the US, seeking a swift exit, might agree to terms granting Iran some control over the Strait of Hormuz, a vital waterway through which one fifth of the world's oil and natural liquefied gas passes.Iran had nearly brought traffic through the strait to a standstill in response to joint US-Israeli attacks on its soil since February 28. Under the truce, Iran has agreed to halt attacks for two weeks in exchange for resumed maritime transit in the key waterway.Despite this, Gulf Cooperation Council (GCC) countries are stressing that any deal must result in a permanent, long-term arrangement to keep the strait open. They fear a weakened yet intact Iranian leadership could use the strait as leverage, leaving them under constant threat of disruption and economic blackmail.“There is a quiet but palpable concern that President Trump, eager for a quick political victory, could tolerate some Iranian leverage over the strait in exchange for a fragile truce, prioritising optics over Gulf realities,” said Hesham Alghannam, a Saudi Arabia-based scholar at the Malcolm H Kerr Carnegie Middle East Center.The GCC countries, which have faced near-daily Iranian missile and drone attacks, have welcomed the truce but emphasize that the Strait of Hormuz must reopen. They are also concerned about Iran's future influence over the strait, with a Bahrain-sponsored UN Security Council resolution calling for countries to use defensive missions to keep the maritime chokepoint open being vetoed by Russia and China.A further escalation could have devastating consequences for the GCC economies, undoing decades of work to make the region a safe hub for finance, tourism, and culture. Analysts say GCC countries have stepped up diplomacy in the lead-up to the conflict, but officials across the region have warned Iran should not mistake their inaction as a sign of weakness.“The Gulf will leave no stone unturned if Iran continues to take the path of aggression,” said Hamad Althunayyan, a political analyst and professor at Kuwait University. “The Gulf expects its interests to be represented, and included, in any deal with Iran.”
#United States #Iran #Strait of Hormuz
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Politics Apr 09, 2026

Trump Escalates Criticism of NATO, Revives Greenland Threat Amid Iran Tensions

US President Donald Trump has intensified his criticism of NATO, questioning its value and threaten…
President Donald Trump has launched a scathing attack on NATO, expressing disappointment with the alliance's reluctance to support the US in its conflict with Iran. In a post on his TruthSocial platform, Trump wrote in capital letters: "NATO wasn't there when we needed them, and they won't be there if we need them again".The remarks came after a two-hour meeting with NATO's Secretary-General, Mark Rutte, at the White House. The meeting took place a day after the US and Iran agreed to a ceasefire. Trump's comments have raised concerns about the future of the transatlantic alliance, which he has repeatedly called a "paper tiger".Rutte, known as the "Trump whisperer" for his ability to maintain a productive relationship with the US president, said that Trump was "clearly disappointed with many NATO allies". However, Rutte also pushed back against some of Trump's broader criticism, highlighting the contributions of many European nations to NATO.In addition to his criticism of NATO, Trump also appeared to revive his threat to seize Greenland from Denmark, a move that had previously roiled the alliance. "Remember Greenland, that big, poorly run, piece of ice!!!" he wrote.The Wall Street Journal reported that Trump was considering punishing some NATO members he believed were unhelpful during the conflict by moving US troops out of their countries. However, Rutte declined to comment directly on the report.NATO, formed in 1949 to counter the Soviet Union, has been the cornerstone of Western security. The alliance has only activated its mutual defence clause on one occasion, following the September 2001 attacks on the World Trade Center in the US.
#Donald Trump #NATO #Greenland
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Video Apr 09, 2026

Macron Calls for Lebanon's Inclusion in US-Iran Ceasefire Talks

French President Macron welcomes a US-Iran ceasefire and advocates for Lebanon's involvement in the…
French President Emmanuel Macron has expressed his support for a ceasefire between the US and Iran, while also calling for Lebanon to be included in the talks. The development comes as a significant diplomatic effort to ease tensions in the region.Macron's stance highlights the complex interplay of international relations in the Middle East, where Lebanon's stability is closely tied to the dynamics between major powers like the US and Iran. By urging Lebanon's inclusion, Macron aims to ensure a broader regional dialogue that addresses the multifaceted challenges in the area.The call for Lebanon's involvement underscores the country's strategic importance in the region and its potential role in fostering peace and stability. As diplomatic efforts continue, the international community watches closely, hoping for a sustainable resolution to the conflicts that have long plagued the Middle East.
#iran #lebanon #ceasefire
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News Apr 09, 2026

Woman sentenced to 15 years for supplying drugs linked to Matthew Perry's death

Jasveen Sangha, known as the 'Ketamine Queen', has been sentenced to 15 years in prison for her rol…
Jasveen Sangha, a 42-year-old woman, has been sentenced to 15 years in prison for her role in supplying illegal drugs to Matthew Perry, the actor from the popular TV show Friends. Perry died from the 'acute effects of ketamine' in 2023.In a court appearance, Sangha expressed regret for her actions, stating, 'I take full responsibility for my actions. These were horrible choices that ultimately proved tragic.'Sangha pleaded guilty to five felony drug counts linked to Perry's death, including distributing ketamine resulting in death. Her defence lawyers had requested a sentence limited to time already served, but District Judge Sherilyn Garnett handed down a harsher sentence, citing Sangha's continued sale of ketamine after Perry's death as a lack of remorse.Perry had struggled with substance abuse and prescription painkillers, sharing his experiences in his memoir, Friends, Lovers, and the Big Terrible Thing. Federal officials reported that Perry became addicted to ketamine during infusions at a clinic, and when doctors declined to increase his dosage, he turned to alternative sources.Sangha, referred to as the 'Ketamine Queen', admitted to selling 51 vials of ketamine to a go-between, who then sold them to Perry through his personal assistant. Prosecutors stated that this led to Perry's death from ketamine overdose.
#perry #sangha #ketamine
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