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Analysts warn that the world is confronting the most severe energy shock since the 1970s, a looming global recession and a renewed surge in living‑cost pressures that are hitting the most vulnerable households hardest.Against a backdrop of sweltering Washington heat, the atmosphere at the International Monetary Fund’s spring meetings shifted dramatically as delegates confronted the fallout from the Iran war. The usual optimism about rising living standards was replaced by a palpable sense of unease.IMF Managing Director Kristalina Georgieva addressed finance ministers and central‑bank governors, noting that “some countries are in panic” and urging that “the sooner it ends, the better for everybody.”Such gatherings are rarely venues for open geopolitical confrontation. Yet, as a record‑breaking April heatwave baked the capital, the mounting economic damage from the conflict could no longer be ignored.During a G20 breakfast that included U.S. Treasury Secretary Scott Bessent and outgoing Fed Chair Jerome Powell, participants described the mood as somber, with frank discussions about the war’s ramifications.Former IMF deputy managing director Mohamed El‑Erian likened the session to a “twilight‑zone meeting,” identifying three looming shadows: the overall health of the global economy, the disproportionate impact on lesser‑discussed nations, and the paradox that the United States, as the war’s initiator, would suffer comparatively less.British Chancellor Rachel Reeves started her day with a jog alongside counterparts from Spain, Australia and New Zealand on the National Mall, posting an Instagram selfie captioned, “Friends that run together – work together.” The image underscored her resolve to confront the war’s economic fallout.Reeves had earlier condemned the conflict as a “mistake” and “folly,” arguing that the war had not enhanced global security and was driving up energy prices for UK families and businesses.In a one‑on‑one with Bessent near the White House, Reeves emphasized the urgency of the situation, noting that the UK, like many other nations, was feeling the pain of higher energy costs triggered by the conflict.Despite the tension, the UK and the United States continue to share deep interests in artificial intelligence, financial services and trade, though the British government signalled little tolerance for the Iranian regime.The IMF’s own warning that the war could precipitate a global recession singled out the United Kingdom as the “biggest G7 casualty,” highlighting the stakes for British growth forecasts.Observers noted Reeves’s vocal stance, recalling earlier disagreements between Bessent and European Central Bank President Christine Lagarde that had remained behind closed doors.A cocktail reception at the British ambassador’s residence brought together senior diplomats and financiers—including Bank of England Governor Andrew Bailey and Barclays CEO CS Venkatakrishnan—where transatlantic friction was a hot topic, just weeks before King Charles’s state visit to the United States.Meanwhile, revelations about former ambassador Peter Mandelson’s vetting process added another layer of political strain for the UK government.Before the war, the IMF agenda focused on global cooperation, AI adoption, job creation and poverty eradication. The conflict has now complicated each of these priorities, especially the goal of coordinated international action.Former UK Foreign Secretary David Miliband observed that many nations are now “hedging against American decisions,” acknowledging the United States’ outsized role—about 25% of the global economy—while noting its recent retreat from several forums.The irony was not lost on participants: the meetings were held in institutions born out of U.S. leadership after World War II to prevent the economic chaos of the 1930s, yet they now convene amid a war that threatens similar turmoil.Economists also recognized that real policy leverage sits “two blocks away,” behind the security cordons surrounding the White House, casting doubt on the ability of the IMF and World Bank to influence the conflict directly.Amid the uncertainty, the rapid growth of AI—exemplified by Anthropic’s Mythos model—offers a glimmer of economic resilience, but most countries cannot afford to sever ties with the United States entirely.El‑Erian summed up the dilemma: “People want to go long the private sector and short the mess, but it’s almost impossible to do.”

Asif Kapadia has been appointed to direct the final chapter of the ITV documentary series “70 Up,” slated for broadcast later this year. The series, which launched in 1964, was voted the most influential UK television programme of the last 50 years in a 2024 Broadcasting Press Guild poll. Kapadia, celebrated for his award‑winning documentaries on Amy Winehouse, Ayrton Senna and Diego Maradona, described the role as an "incredible honour and privilege" and called the original “Up” series the ultimate portrait of human life. ITV’s factual controller Jo Clinton‑Davis praised the appointment, noting that Kapadia will bring “passion, creativity and incredible flair” while safeguarding the series’ legacy, which she said has become “part of our cultural fabric.” The series was conceived by Granada’s Tim Hewat, who adapted the Jesuit maxim “Give me the child until he is seven and I will show you the man” into a longitudinal study of British social class. Michael Apted, who served as the series’ long‑time director, passed away in 2021; his earlier prediction that the project would continue “as long as I’m above ground” has now been fulfilled. Over the decades, viewers have followed fourteen participants from childhood to senior age. Notable stories include Liverpool’s Neil Hughes, who dreamed of becoming an astronaut at 14, later endured homelessness, and ultimately emerged as a lay preacher and Liberal Democrat councillor. Only one participant, Charles Furneaux, chose to exit the experiment early, while others, such as scientist Nick Hitchon, have passed away. With Kapadia at the helm, “70 Up” will serve as a tribute to both Apted’s pioneering vision and the courage of the cast, who have shared their lives across seven‑year intervals for more than six decades.

Angelina Jolie leads the new fashion‑driven drama Couture, bringing a rare level of personal honesty by confronting a storyline that mirrors her own double mastectomy performed to prevent breast cancer. While her performance is undeniably courageous, the film’s overall execution falls short of its ambitions.The plot follows Maxine, an American indie filmmaker (Jolie) who arrives in Paris to direct the opening short for a prestigious runway show. She discovers, through a compassionate doctor played by Vincent Lindon, that a recent biopsy confirms she has breast cancer, forcing her to consider postponing or abandoning her next project. Jolie conveys the shock and denial with subtlety, yet the script, penned by director Alice Winocour, often lapses into glib dialogue that undermines the emotional weight of the situation.Supporting characters include Ada, a fledgling South Sudanese model (Anyier Anei), makeup‑artist‑turned‑writer Angèle (Ella Rumpf), and the brooding first‑assistant director Anton (Louis Garrel). Their subplots—most notably Ada’s ankle injury that threatens the runway performance—remain underdeveloped, serving more as decorative set‑pieces than integral narrative threads.Visually, the film captures the glamour of Parisian haute couture with polished cinematography, yet this sheen accentuates the story’s lack of depth. The fashion world is presented with a “precious” aesthetic that feels specious, offering little insight beyond surface‑level allure.Despite these shortcomings, Jolie’s star power shines through. Her willingness to align a fictional role with a deeply personal health battle adds a layer of authenticity that the surrounding screenplay fails to sustain. ‘Couture’ will be available on digital platforms from 20 April, offering audiences a chance to appreciate Jolie’s performance even if the film’s broader ambitions remain unfulfilled.

Lamine Yamal, Barcelona's rising star, has reaffirmed his commitment to winning the UEFA Champions League with the club. A day after their quarterfinal elimination by Atletico Madrid, Yamal expressed his determination on Instagram, stating that he will not give up on his promise to capture the trophy with Barcelona.“We are Barca, and we will be back where we belong,” Yamal said. “My parents taught me that a man’s word always has to be fulfilled … we’ll bring it to Barcelona.” This statement comes after Barcelona's 2-1 win over Atletico Madrid on Tuesday, which wasn't enough to overcome a 2-0 deficit from the first leg.Yamal, who scored one of Barcelona's goals, had similar sentiments after their 2025 semifinals loss to Inter Milan, vowing not to stop until he fulfills his promise. His inspiration, LeBron James, was evident as his Instagram profile featured James holding the NBA trophy in 2016.Barcelona's president-elect, Joan Laporta, criticized the refereeing in both legs against Atletico, calling it “shameful” and “inadmissible.” The club plans to file a formal complaint with UEFA. Despite the setback, Barcelona leads La Liga by nine points over Real Madrid.Coach Hansi Flick emphasized that the young team will learn from their mistakes and improve. With their next match against Celta Vigo, Barcelona aims to bounce back and move forward in their quest for Champions League glory.

The biggest public backer of World Liberty Financial, the crypto venture co‑founded by the Trump family, has publicly accused the firm of embedding a covert "backdoor blacklisting" feature that allows it to freeze token holdings at will. On Sunday, blockchain entrepreneur Justin Sun posted on X, alleging that World Liberty’s smart contracts for the WLFI token contain a tool that can unilaterally freeze, restrict, or confiscate any user’s assets without cause or recourse. Sun did not provide evidence, but said his own wallet was locked in September, making him the "first and single largest victim" of the alleged mechanism. World Liberty responded on X, stating, "We have the contracts. We have the evidence. We have the truth. See you in court, pal," and directed observers to its own posts for clarification. The company’s official risk disclosures do note that it may block or freeze addresses deemed linked to illegal activity or terms violations – a practice also employed by other crypto issuers such as Tether. Sun, who invested tens of millions of dollars in WLFI and later increased his stake to at least $75 million according to his 2025 posts, has not shared the purported blockchain records that supposedly show his wallet being blacklisted by a single administrative account. World Liberty, launched in 2024, claimed it would empower small investors through a decentralized‑finance app that has yet to launch. Reuters analysis indicated the venture generated **more than $460 million** for the Trump family in the first half of 2025. In March, the U.S. Securities and Exchange Commission settled a 2023 lawsuit against Sun for $10 million, alleging fraud and the sale of unregistered crypto securities. Sun made no admission of wrongdoing. The dispute highlights the murky regulatory environment for crypto in the United States, where the SEC has limited jurisdiction and has declined to comment on the legality of token‑freezing practices.

Rory McIlroy's sixth major victory at the Masters Tournament has cemented his status as a golfing great, drawing comparisons to Seve Ballesteros and other legends of the sport.McIlroy's achievement is not just about the numbers; it's about the style and excitement he brings to the game. His thrilling performances have captivated audiences, making him a must-watch for fans and a key figure in golf's popularity.The Northern Irish golfer's journey to success has been inspiring, from his humble roots in Belfast to his rise as a global superstar. His relatable personality and dedication to hard work have endeared him to fans worldwide.McIlroy's comeback at the Masters was nothing short of remarkable. Despite struggling with consistency, he managed to secure a dramatic win, showcasing his resilience and creativity on the course.His influence on golf extends beyond his own performances. McIlroy is a key figure in shaping the sport's future, and his involvement in high-profile events like the Ryder Cup has made him a leader in the golfing world.

Rory McIlroy, the world's No 2 golfer, secured his second Masters win at Augusta National, a triumph he largely attributes to the support of his parents, Rosie and Gerry McIlroy. In a heartwarming display of family devotion, McIlroy had to convince his parents to attend the tournament, as they feared their presence might jinx his title defense. The McIlroy family has a remarkable story of sacrifice and dedication. Rory's parents worked multiple jobs, including graveyard shifts, to support their son's golfing ambitions. Gerry, 66, managed a bar and worked as a cleaner, while Rosie, 65, worked late nights at a factory. Their unwavering support and refusal to pressure Rory into playing golf have been instrumental in his success. During his final round, McIlroy admitted to thinking about his parents and fighting back tears. After securing his win, he turned to his family, including his wife Erica and daughter Poppy, and expressed his gratitude to his parents. 'Mum and Dad, I owe everything to you. You’re the most wonderful parents,' he said, visibly emotional. This victory cements McIlroy's stature as one of golfing's greats, with his sixth major win. His parents' presence at the tournament made the moment even more special, with Rosie sporting a handbag adorned with newspaper reports from his 2025 win. As McIlroy looks to the future, he hopes to emulate his parents' example, stating, 'If I can be half the parent to Poppy as you were to me then I’ll know I’ve done a good job.'

Saudi Arabia has returned its East‑West oil pipeline to full operational capacity, enabling the transport of approximately 7 million barrels of crude per day after a series of attacks disrupted flow earlier this week. In a statement released on Sunday, the Ministry of Energy praised the swift repair work, noting that the turnaround demonstrates the high operational resilience and crisis‑management efficiency of Saudi Aramco and the broader national energy system. The ministry also confirmed that production at the Manifa oilfield—situated off Saudi Arabia’s eastern coast—has been restored to its full capacity of about 300,000 barrels per day (bpd). Efforts continue at the inland Khurais oilfield, which is still recovering from a loss of roughly 300,000 bpd. Earlier reports from the Saudi Press Agency indicated that attacks on a pumping station along the East‑West pipeline had cut daily output by 700,000 bpd. Simultaneous assaults on the Manifa and Khurais fields were said to have reduced combined capacity by 600,000 bpd. No party was identified as responsible for the attacks. The East‑West pipeline, linking the prolific Abqaiq field in the east to the Red Sea port of Yanbu, has become a vital conduit for international oil supplies, especially as Iran’s effective closure of the Strait of Hormuz has choked off about 20% of global oil shipments, driving up energy prices worldwide. Despite a fragile cease‑fire announced on Tuesday between the United States and Iran, maritime traffic through the strait remains severely limited. Data from S&P; Global show that only 22 vessels with active AIS transponders passed through the strait between Wednesday and Friday, a stark drop from the pre‑conflict average of 135 daily transits. Restoring the pipeline’s full capacity is expected to reinforce supply continuity for both domestic and international markets, providing a modest but meaningful cushion to the global economy as geopolitical tensions persist.

The Grand National meeting in 2026 is set to be a spectacular event, as captured in a series of captivating images. Telescopes will be used to get a closer look at the action, while selfies will provide a personal touch to the experience. The event will also feature epic leaps by the horses, making it an unforgettable experience for spectators.The images from the event showcase the excitement and drama of the Grand National, one of the most prestigious horse racing events in the world. With its rich history and thrilling competition, the Grand National continues to captivate audiences and inspire memorable moments.