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Economy Apr 12, 2026

Iran Conflict Dampens UK Housing Market as Sellers Face Despair

The ongoing conflict in Iran has significantly impacted the UK housing market, causing lenders to p…
The UK housing market is experiencing a downturn due to the Iran conflict, which has led to increased uncertainty and fear among buyers and sellers. This conflict has resulted in lenders pulling hundreds of mortgage products within 48 hours of the war's outbreak, replacing them with more expensive deals.As a result, buyers and sellers are having second thoughts, with some pulling out of deals altogether. The mood in the market is one of 'fear and uncertainty,' according to Andy Wicking, director of the Charles Bainbridge estate agency in Canterbury.In the first three months of this year, just 47% of homeowners who asked Wicking to value their property went on to list it, a significant drop from 68% in the same period in 2025. Wicking notes that owners are still asking for valuations but not acting on them.At the bottom end, first-time buyers and those with the smallest deposits and least experience of riding out a turbulent market are pulling out. Wicking says, 'The chains falling down at the lower end, they're the really cautious ones.'For those who do make it to market, prices are slumping. A house valued at £600,000 may now go on at £575,000 to get buyers through the door. Surveyors are increasingly down-valuing properties too.The conflict has also led to a rise in interest rates, with the average two-year fixed-rate mortgage standing at 5.90% on Wednesday, up from 4.83% at the start of March. Nearly a million homeowners are due to come off five-year fixed deals this year, with those who have secured new deals paying an average of £94 more a month.The timing of the conflict couldn't be worse for owners who usually bring their homes to market after hunkering down for the winter. As Brian Swint, an independent mortgage broker, notes, 'It's the fear.'
#Iran conflict #UK housing market #mortgage lenders
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Sports Apr 12, 2026

McIlroy Seeks 'Free' Mindset in Masters Final Round

Rory McIlroy aims to regain his form in the final round of the Masters after losing his six-stroke …
Rory McIlroy is looking to regain his form and mindset in the final round of the Masters, following a challenging third round that saw him lose his six-stroke lead. McIlroy, the defending champion, carded a one-over par 73, which allowed Cameron Young to close the gap and tie for the lead heading into the final round.McIlroy believes that a 'free' state of mind will be crucial in the final round. He reflected on his 2025 Masters victory at the same venue, hoping to draw confidence from that experience. 'I'd like to think that I'll play a little bit freer and I'll play, like I've already got a Green Jacket, which I do,' McIlroy said. 'Sometimes I maybe just have to remind myself of that.'McIlroy plans to work on his swing at Augusta National's driving range to iron out kinks that affected his game during the third round. He knows he needs to improve significantly to retain his chances of winning. 'There's a long way to go,' McIlroy added. 'This golf course has a way of, when you're not quite feeling it, you struggle.'Cameron Young, who shot an impressive 65 in the third round, is also in contention. Young is seeking to emulate McIlroy's achievement of winning the Players Championship and Masters within a short period. However, he downplayed the significance of this potential historical parallel, emphasizing that his past results do not guarantee future success.The final round pairing will feature McIlroy and Young, which McIlroy described as a 'comfortable group' for both of them. McIlroy concluded, 'I'm still tied for the best score going into tomorrow, so I can't forget that, but I do know I'm going to have to be better if I want to have a chance to win.'
#Rory McIlroy #Masters Tournament #Augusta National Golf Club
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Sports Apr 12, 2026

Masters 2026: Rory McIlroy and Cameron Young Tied for Lead After Dramatic Day

Rory McIlroy and Cameron Young are tied for the lead at the Masters 2026 after a dramatic third day…
The Masters 2026 has taken a dramatic turn as Rory McIlroy and Cameron Young find themselves tied for the lead heading into the final round at Augusta National. McIlroy, the holder of the Green Jacket, began the day with a six-shot lead but faltered with a 73, while Young surged with a 65 to join McIlroy at 11 under par.McIlroy's round was marked by struggles, including a bogey on the opening hole and a double bogey on the 11th. Despite recovering with a birdie on the 14th, he ended the day with a disappointing performance. Young, on the other hand, displayed an unflappable attitude, having played his last stretch in 15 under par since his first round.Young's standing is particularly notable given his recent Players Championship success. His ability to manage his emotions and stay focused will be crucial on Masters Sunday. McIlroy, while desperate to retain his title, has the advantage of having emerged successfully from similar situations before.The final round promises to be intense, with a pack of players, including Sam Burns and Shane Lowry, close behind. Lowry, who aced the 6th hole, is just two shots off the lead and remains in contention. Other players, such as Scottie Scheffler and Li Haotong, also have a chance to make a move.As the players prepare for the final round, McIlroy acknowledged the challenge ahead, stating, 'I didn't quite have it today. I'll need to be better tomorrow.' The stage is set for an exciting conclusion to the Masters 2026.
#Rory McIlroy #Cameron Young #Masters 2026
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Politics Apr 12, 2026

Iran's Ceasefire Brings Temporary Relief, But Economic Outlook Remains Bleak

A ceasefire between Iran, the US, and Israel has brought temporary relief to Iranians, with more pe…
Iran's economy is struggling to recover from a lethal mix of local mismanagement, corruption, sanctions, and two major wars in less than a year. The ceasefire announced overnight into Wednesday has brought some relief, with more people returning to work and shops reopening in Tehran's Grand Bazaar.However, sales remain slow compared to before the war, and merchants are facing significant challenges, including 20-30 percent price increases for products due to inflation. The near-total internet shutdown imposed since the start of the war on February 28 has caused countless income streams to be wiped out for families trying to survive.The government has promised to provide support to digital businesses, but it is unclear how they will operate while their customers remain offline. Lay-offs are widespread, with technology firms only signing contracts spanning several months, major carmakers laying off thousands of workers, and numerous journalists being let go by state-run and private sector media outlets.The situation for the embattled Iranian economy could still get worse, as the deepening impact of attacks against civilian infrastructure will likely become more apparent over the coming weeks and months. Iran's top steel factories, petrochemical manufacturers, aluminium producers, airports, and civilian aircraft have been bombed and put out of commission by the US and Israel.It would take Iran years to rebuild even if the war ended today, and that is while the country faced a huge budget crunch even before the war, and still has no prospects of lifting the harsh sanctions imposed by the US and the United Nations over its nuclear programme in order to boost foreign investments.
#Iran #United States #Israel
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Technology Apr 11, 2026

Artemis II Mission Achieves Historic Lunar Return with Successful Pacific Splashdown

The Artemis II mission has successfully completed its lunar journey with a Pacific splashdown, mark…
The Artemis II mission has achieved a historic milestone with a successful Pacific splashdown, marking the first time humans have traveled to the moon in over 50 years. The mission's dramatic conclusion followed a voyage that unveiled previously unseen expanses of the lunar far side, a total solar eclipse, and a celestial display of planets. The four astronauts – commander Reid Wiseman, pilot Victor Glover, Christina Koch, and Canada's Jeremy Hansen – surfaced from their floating capsule into daylight off San Diego's coast. The lunar explorers' journey was a significant step towards establishing a permanent human presence on the moon. The Orion capsule, named Integrity, executed its entire descent automatically, striking the atmosphere at Mach 33 – 33 times the speed of sound – a scorching velocity unseen since the Apollo era. The capsule endured thousands of degrees during re-entry, with the heat shield performing crucially during this phase. The successful mission paves the way for NASA's planned moon landing by another crew in two years, followed by establishing a permanent lunar base within the decade. NASA Administrator Jared Isaacman praised the crew, saying, “These were the ambassadors from humanity to the stars that we sent out there right now, and I can’t imagine a better crew.” NASA's Mission Control erupted in celebration, with hundreds pouring in from the back support rooms. “We did it,” NASA’s Lori Glaze rejoiced at a news conference. “Welcome to our moonshot.”
#lunar #mission #capsule
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Politics Apr 11, 2026

US and Iran Set for Talks as Trump Vows to Reopen Strait of Hormuz

US President Donald Trump has stated that the Strait of Hormuz will reopen 'fairly soon' with or wi…
US President Donald Trump has announced that the Strait of Hormuz will reopen 'fairly soon' with or without Iran's assistance, as the US and Iran prepare for peace talks in Pakistan. The strait, a critical maritime chokepoint, has been effectively blocked by Iran, disrupting approximately one-fifth of global oil and natural gas flows.Speaking to reporters, Trump said the US would 'open up the Gulf' and that other countries were ready to 'help out'. He emphasized that ensuring Iran does not possess nuclear weapons is the priority in any agreement, and the strait would open 'automatically' if a deal is reached.Despite a two-week ceasefire between the US and Iran, shipping in the strait remains at an effective standstill. Only two vessels passed through the strait on Friday, down from five the previous day. More than 600 vessels, including 325 tankers, are still stranded in the Gulf due to the blockage.US Vice President JD Vance and Iranian parliamentary speaker Mohammad Bagher Ghalibaf are set to lead negotiations in Islamabad aimed at securing a permanent end to the war. The US and Iran have offered conflicting messages on the agreed-upon terms for the negotiations, including the contents of a 10-point plan put forward by Tehran.
#Donald Trump #Iran #Strait of Hormuz
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Politics Apr 11, 2026

Brazil and United States Launch DESARMA Programme to Intercept Arms and Drug Smuggling

Brazilian President Luiz Inácio Lula announced a new security pact with the United States, creating…
Brazilian President Luiz Inácio Lula da Silva used his Friday social‑media post to herald a new security partnership with the United States as a breakthrough in the fight against transnational crime.The agreement links the Brazilian Federal Revenue Service with U.S. Customs and Border Protection, establishing the DESARMA programme. Under DESARMA the two agencies will exchange real‑time data, apply rigorous cargo‑tracking protocols and launch joint operations to intercept illicit shipments of arms and narcotics.Finance Minister Dario Durigan called the collaboration an “important step in strengthening international cooperation”, noting that it will integrate intelligence and joint actions to curb the flow of weapons and drugs between the two nations.The pact is part of President Donald Trump’s broader “Shield of the Americas” initiative, which seeks to enlist right‑wing governments across the Western Hemisphere in a hard‑line campaign against criminal networks.Despite the cooperation, Lula’s administration has pushed back against Washington’s attempts to label Brazilian gangs such as the Primeiro Comando da Capital (PCC) and Comando Vermelho (CV) as foreign terrorist organisations. Lula and Foreign Minister Mauro Vieira have repeatedly asserted Brazil’s sovereignty and warned against external “tutelage”.In the last twelve months Brazil reported seizing 1,168 illegally imported weapons and parts, most of which originated from the U.S. state of Florida, underscoring the scale of the smuggling problem.A statement from the Revenue Service emphasized that the deal will ensure a “continuous flow of information from U.S. authorities to their Brazilian counterparts”, enhancing operational coordination.Relations remain strained: Vieira told U.S. Secretary of State Marco Rubio that Brazil opposes the terrorist‑label designation, while the Trump administration continues aggressive actions in the region, including lethal strikes on maritime vessels and a controversial raid in Venezuela.Looking ahead, Lula is expected to travel to Washington, D.C., later this year for talks with Trump, providing a diplomatic channel to manage both cooperation and disagreement.
#Brazil #United States #DESARMA
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Sports Apr 11, 2026

Rory McIlroy Dominates Masters with Record-Breaking Lead

Rory McIlroy surges into a six-shot lead at the Masters with a stunning second-round performance, c…
Rory McIlroy has taken a commanding lead at the Masters, surging six shots clear of his nearest rivals with a breathtaking second-round 65. The 36-year-old McIlroy, seeking to become the fourth man to win back-to-back Masters titles, carded an eagle and 10 birdies to post 12 under par. McIlroy's closest challengers are Patrick Reed and Sam Burns, both on six under, while Justin Rose, Shane Lowry and Tommy Fleetwood are a further stroke back on five under. McIlroy's stunning chip-in at the 18th hole capped a dominant display, setting up a tantalizing prospect of a second Green Jacket. Tyrrell Hatton moved to four under with a 66, while Brooks Koepka recovered from pre-tournament criticism to card a 68 and make the cut. The halfway cut eliminated several notable players, including Bryson DeChambeau after a chaotic 18th hole.
#Rory McIlroy #Masters Tournament #Augusta National Golf Club
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Sport Apr 11, 2026

Leinster Crush Sale to Set Up Champions Cup Semi-Final Against Toulon

Leinster secured their 17th semi-final spot in the Champions Cup with a convincing win over Sale, s…
Leinster have booked their 17th semi-final appearance in the Champions Cup with a dominant performance against Sale, setting up a highly anticipated clash with Toulon at the Aviva Stadium in two weeks' time. The Irish side, despite struggling to impress, managed to secure a convincing victory over a Sale team missing several key players. Four tries in the last 30 minutes sealed the win, but Sale's determination kept them in the game for a respectable 50 minutes. The match began with Sale causing problems for Leinster, particularly at the set piece, where they held their own at the scrum and lineout. However, their efforts were hindered by two crucial yellow cards, one on either side of halftime, which shifted the momentum in Leinster's favor. Dan Sheehan opened the scoring with a try in the 10th minute, but it wasn't until the second half that Leinster truly took control. Two yellow cards for Sale players – Dan du Preez and Si McIntyre – proved pivotal, as Leinster capitalized on their numerical advantage. The turning point came when Harry Byrne's beautiful pass sparked Leinster's second try, scored by Hugo Keenan. From there, Leinster's superior firepower took over, with tries from Rieko Ioane, Garry Ringrose, Tommy O'Brien, and Jamie Osborne securing a comfortable victory. Despite Sale's first meaningful attack leading to a try for Alex Wills, it was too little, too late. Leinster's 23-point lead with 10 minutes remaining ensured a stress-free finish. While Leinster celebrated their semi-final berth, they remain aware that Toulon will pose a significant challenge in their upcoming match. The French side, known for their physicality, will look to exploit any weaknesses in Leinster's game.
#leinster #sale #rugby
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