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The International Monetary Fund (IMF) has downgraded its global growth forecast for 2026 from 3.3% to 3.1%, citing the impact of the US-Israeli war on Iran and the shutdown of the Strait of Hormuz on the world economy. In a worst-case scenario of a prolonged war, global growth could fall to 2.5% in 2026, with low-income and developing economies hit the hardest by soaring commodity and energy prices. However, some industries are benefiting from the uncertainty: Wall Street Investment Banks Wall Street investment banks are thriving due to increased trading activity, with Morgan Stanley reporting a profit of $5.57bn, up 29% year on year, and Goldman Sachs reporting a profit of $5.63bn, up 19% year on year. Aerospace and Defence The aerospace and defence industries are booming due to increased global defence spending, with the MSCI World Aerospace and Defence Index reporting net returns of 32% year on year. Artificial Intelligence The AI industry is expected to grow from $189bn in 2023 to $4.8 trillion by 2033, with Taiwan Semiconductor Manufacturing Company posting a net income of $18.1bn for the first three months of 2026, up 58% year on year. Renewable Energy The renewable energy sector is also benefiting from the war, with 150 countries having active policies to advance renewable and nuclear deployment, and the S&P; Global Clean Energy Transition Index up 70.92% year on year.

Pope Leo XIV delivered a powerful homily to an estimated 120,000 worshippers at the Japorma stadium in Douala, Cameroon’s largest economic centre. Speaking in both English and French, the pontiff urged the city’s young people to turn away from violence and corruption, emphasizing that true wealth lies in values such as faith, family, hospitality and diligent work.Security measures were stringent for the Friday Mass, and many attendees camped overnight despite harsh conditions, determined to witness the historic event. One pilgrim, Kevin Kaegam, told Reuters that the cold and mosquitoes were a small price to pay for the chance to see the “supreme pontiff”.Following the Mass, the Pope was scheduled to visit a local Catholic hospital and later travel to Yaoundé to meet students at the Catholic University of Central Africa. This stop follows a previous visit to Bamenda, a city at the heart of Cameroon’s nearly decade‑long English‑speaking separatist insurgency, where he also called for peace and condemned the exploitation of religion for political gain.Cameroon, with roughly 30 % of its population identifying as Catholic, is grappling with multiple crises, including the Anglophone conflict and lingering unrest from last year’s post‑election protests. The bishop of Obala, Leopold Bayemi Matjei, described the papal visit as a moment of great joy and a hopeful sign of divine blessing for the nation.In a more forceful tone than usual, Pope Leo criticized “neocolonial” powers for violating international law and warned that the whims of the rich and powerful threaten global peace. His comments on the war in Iran drew ire from U.S. President Donald Trump, who labelled the pontiff “weak” and “terrible for foreign policy”. Leo responded that he harbors “no fear of the Trump administration”.The Douala gathering marks the second stop of a four‑country African tour that began in Algeria and will also include Angola and Equatorial Guinea, underscoring the Pope’s broader mission to address social and political challenges across the continent.

Iran’s foreign minister Abbas Araghchi posted on X that, in line with the 10‑day Israel‑Lebanon ceasefire, the Strait of Hormuz is "completely open" for all commercial vessels for the remainder of the truce. The declaration follows a fragile agreement between Israel and Lebanon, whose acceptance by Hezbollah remains uncertain. The Iranian Ports and Maritime Organisation has already outlined a coordinated routing system for vessels, ensuring that traffic proceeds under strict supervision by the Islamic Revolutionary Guard Corps Navy, which will permit only non‑military ships. U.S. President Donald Trump echoed the openness of the strait in a social‑media post, emphasizing that it is "ready for business and full passage." However, he added that the U.S. naval blockade will continue "until Iran reaches a deal with the United States to end the war," signalling that commercial freedom does not equate to a lift of sanctions. Trump also claimed that Iran has pledged to "never close the Strait of Hormuz again," describing the waterway’s previous use as a "weapon against the world." A senior Iranian military official clarified that this promise applies solely to non‑military vessels, with IRGC Navy oversight. The conflict, which began on 28 February, has already claimed over 3,000 lives and saw Iran previously block the strait—a chokepoint through which roughly 20% of global oil and LNG shipments flow. After stalled U.S.–Iran talks in Pakistan, the United States expanded its blockade to Iranian ports in the Gulf. In Washington, Trump reiterated his administration’s pressure on Tehran to abandon its nuclear ambitions. He suggested a potential "cash‑for‑uranium" deal worth $20 billion, later describing the prospect of acquiring Iran’s "nuclear dust" without payment—a claim dismissed by Iran’s state media, which said no such negotiations ever occurred. Trump also announced that Israel is now "prohibited" from bombing Lebanon, stating that any U.S.–Iran agreement is not contingent on developments in Lebanon. UN peacekeepers reported no air attacks since midnight, though they accused Israeli forces of violating Lebanese airspace and conducting artillery fire. According to the U.S. Department of State, Israel may act in self‑defence against imminent threats but is barred from offensive operations in southern Lebanon. Senior analyst Mairav Zonszein of the International Crisis Group described the direct talks between Lebanon and Israel as a "potential breakthrough," while cautioning that a durable settlement remains distant. He noted that a diplomatic track strengthening the Lebanese government could gradually diminish Hezbollah’s political influence. Overall, the simultaneous declaration of an open strait and the continuation of a U.S. blockade underscores the complex interplay of commercial interests, regional security, and the broader quest for a diplomatic resolution to the Middle‑East conflict.

US President Donald Trump has expressed optimism about a potential nuclear deal with Iran, stating that the two countries are close to an agreement. He claimed that Iran has agreed to halt its nuclear weapons program and return its stockpile of enriched uranium.However, Iran's Ministry of Foreign Affairs presents a different picture. Spokesperson Esmaeil Baghaei stated that Iran must be able to continue enrichment based on its needs, contradicting Trump's claims. No Iranian official has confirmed agreeing to surrender the country's enriched uranium stockpile.Pakistan is playing a crucial role in mediating between the US and Iran. Pakistani army chief Field Marshal Asim Munir held high-level meetings in Tehran with Iranian leaders, including Parliament Speaker Mohammad Bagher Ghalibaf and President Masoud Pezeshkian. Prime Minister Shehbaz Sharif is also engaged in parallel diplomacy with Gulf leaders in Saudi Arabia and Qatar.The US and Iran have different interpretations of the negotiations. Trump's comments suggest a maximalist reading of the negotiating process, while Iran's position remains firm on its sovereign right to enrichment. The April 22 ceasefire deadline adds urgency to the talks.Analysts suggest that any agreement may hinge on deliberate ambiguity, allowing both sides to claim a 'win' on the nuclear issue. The shifting goalposts and evolving US objectives have also contributed to the complexity of the negotiations.

Two men have been disqualified from one of South Africa's premier marathon events, the Two Oceans Marathon in Cape Town, after finishing in the top 10 of the women's race. Luke Jacobs and Nic Bradfield were found to have swapped bibs with female runners, Larissa Parekh and Tegan Garvey, to compete in the women's category.The annual Two Oceans race, which includes a 56km ultramarathon and a 21.1km half-marathon, attracted over 16,000 participants. Finishing among the top 10 is a significant achievement for most runners. Jacobs and Bradfield finished seventh and 10th respectively, before being disqualified.The deception was uncovered by a marathon board member, Stuart Mann, after Jacobs posted pictures of himself at the race on social media with a bib displaying the name 'Larissa'. Further investigation revealed that Jacobs had competed using Parekh's bib, while Bradfield had used Garvey's bib after she suffered a hip problem and was unable to run.Swapping bibs is considered unethical and risky, as it can lead to incorrect medical treatment in case of an emergency. The practice can also be used to obtain a faster time for qualifying in future races. Mann warned that such actions carry far-reaching consequences and can result in disciplinary action, including bans from future events.Both Jacobs and Bradfield have apologized for their actions and will face disciplinary processes by the marathon's disciplinary subcommittee. The women they swapped bibs with, Parekh and Garvey, have also apologized and face two-year bans from the Two Oceans Marathon.

Turkey is in mourning after a deadly school shooting in the southern province of Kahramanmaras left nine people dead, including eight students and a teacher. The attacker, identified as 14-year-old Isa Aras Mersinli, opened fire on two classrooms at the Ayser Calik School on Wednesday before being found dead.Funerals were held on Thursday for the victims, including maths teacher Ayla Kara, 55. A 10th victim died while being treated in hospital on Thursday, and six of those wounded in the attack were in critical condition.The interior minister, Mustafa Ciftci, said the attacker is believed to have used guns that belonged to his father, a former police officer. The attack was the country's second school shooting in two days, following an attack on Tuesday at a high school in Sanliurfa province that wounded 16 people.At a funeral for four of the victims held near Kahramanmaras city's main mosque on Thursday, one father sat motionless beside the coffin of his daughter, 10-year-old Zeynep. "Our grief is endless. These children were like our own. They were all innocent," said Vezir Yucel, father of a student named Yusuf, who lost his close friend, 10-year-old Bayram, in the shooting.The interior and education ministries held a joint school security meeting in the capital, Ankara, on Thursday, which was attended by both ministers and all 81 of Turkey's provincial governors, as well as police chiefs and provincial education directors. Dozens of students were arrested on Thursday over alleged social media posts implying they might stage similar attacks.Justice Minister Akin Gurlek announced that 67 social media users were detained over posts targeting 54 different schools. The incident has raised concerns about school safety and the rise of gun violence in Turkey.

Iran's Foreign Minister, Abbas Araghchi, has announced that the Strait of Hormuz will be completely open to all commercial vessels for the remaining period of the ceasefire. This decision was shared via a post on social media platform X.The passage through the strait will follow a coordinated route as announced by the Ports and Maritime Organisation of Iran, according to Araghchi. This development comes amidst ongoing efforts to ease tensions in the region.The move is seen as a significant step towards facilitating trade and reducing tensions in the area. The Strait of Hormuz is a critical waterway for global oil shipments, and any disruption can have far-reaching impacts on the global economy.

On 17 April 2026 the Guardian released its weekly sports quiz, testing readers on recent European football semi‑finalists, Tottenham’s relegation history, the first female head coach in Europe’s top five leagues, and a range of other sporting milestones. The quiz, published on the Guardian’s website, aims to engage fans by linking current events with historic trivia. European Cup tally: The quiz asks how many times Bayern Munich, Arsenal, Paris Saint‑Germain and Atlético Madrid have collectively won the competition. The correct answer is seven – Bayern’s six titles, PSG’s inaugural win last season, while Arsenal and Atlético have yet to lift the trophy. Tottenham’s relegation: After a 14‑match winless streak, Spurs fell into the relegation zone. The quiz asks when they were last demoted; the answer is 1977, a year also marked by Elvis Presley’s death, Pelé’s final professional match, the debut of Star Wars and Manchester United’s sacking of Tommy Docherty. Breaking the glass ceiling: Marie‑Louise Eta became the first woman to manage a club in Europe’s top five leagues when she was appointed interim boss of Union Berlin. Her tenure is expected to be brief as she will move to the women’s side next season. Golf history: Rory McIlroy’s sixth major win prompts the question of which European golfer has more majors. The answer is Harry Vardon, who captured seven majors (six Opens and one U.S. Open) and is celebrated as golf’s first international star. Masters oddities: Shane Lowry made Masters history by becoming the first player to record two holes‑in‑one at Augusta, the 35th hole‑in‑one overall at the tournament. Women’s Six Nations: Wales suffered a 24‑19 defeat to Scotland in the opening round, continuing a recent run of wooden‑spoon finishes. World Cup coaching: Carlos Queiroz was appointed Ghana’s manager, giving him the chance to coach at a sixth World Cup after previous stints with South Africa, Portugal and Iran. Grand National legacy: I Am Maximus joins the post‑war elite of multiple Grand National winners, following Tiger Roll, who claimed back‑to‑back victories in 2018 and 2019. Managerial debut: Former England midfielder Jack Wilshere secured his first trophy as a manager, guiding Luton Town to an EFL Trophy win at Wembley. County Championship rule change: The quiz highlights that Tom Westley, Jonny Bairstow and others have all been substituted this season under new regulations allowing injury or personal‑circumstance replacements. NBA consistency: The Boston Celtics have reached the playoffs for a 12th consecutive season, though they have captured only one championship in that span (2024). Combat sports crossover: Oleksandr Usyk will face kick‑boxing legend Rico Verhoeven, who held the heavyweight kick‑boxing world title for 12 years, in a bout billed as “Glory in Giza” at the Egyptian pyramids. Snooker prodigy: Fourteen‑year‑old Stan Moody qualified for the World Snooker Championship after playing a decisive match while recovering from tonsillitis, underscoring his remarkable determination. Overall, the quiz blends current headlines with historic facts, offering readers a chance to test their knowledge while reflecting on the broader narratives shaping sport today.

The 2026 NBA playoffs are shaping up to be a thrilling competition, with several top teams vying for the championship. Oklahoma City Thunder are the defending champions and are favored to repeat, led by Shai Gilgeous-Alexander.However, teams like the San Antonio Spurs, led by rookie sensation Victor Wembanyama, are looking to make a deep run. The New York Knicks are also a strong contender, with Jalen Brunson leading the charge.The Miami Heat are considered a dark horse, with a strong team culture and Bam Adebayo leading the way. The Boston Celtics are also a top contender, with Jayson Tatum and Jaylen Brown leading the team.In the Western Conference, the Thunder are favored to make it to the finals, but teams like the Spurs and Pelicans could make a surprise run. In the Eastern Conference, the Knicks and Celtics are the top contenders.The playoffs are expected to be highly competitive, with several teams having a legitimate chance of winning it all. Jokić and Gilgeous-Alexander are considered two of the most important players in the postseason.