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Business May 21, 2026

BT Warns of Smartphone Price Rises Due to Chip Shortages from AI Boom

BT warns that smartphone prices may rise due to chip shortages caused by the boom in artificial int…
The Impact of AI on Chip Supply Chains BT has warned that the cost of smartphones could rise as technology companies buy up semiconductor chips due to the boom in artificial intelligence, putting pressure on supply chains. Chip Shortages and Price Increases The telecoms company’s chief executive, Allison Kirkby, said she was anticipating shortages as tech firms bought large quantities of memory chips to power the datacentres relied on by AI. Kirkby added that price increases would mainly hit smartphone handsets, but could also affect the cost of routers. The Data Analysis Memory chips are essential for almost every modern item of electronics and are also used in other important components such as graphics cards. The largest manufacturers of laptops and phones, including Microsoft, Samsung and Dell, have already begun to put up prices in response to the chip shortages and have pulled cheaper models from the market. Sony has also hiked the price of its PlayStation 5 consoles, including a $100 (£75) increase in the US, while Nintendo has confirmed a price rise for its Switch 2. The Impact Analysis A global investment spree in AI has led to a huge expansion of server farms, enormous banks of computers filled with high-end memory chips. These requirements are not only consuming the world’s current supply of chips, but also production capacity for the coming years, creating shortages and driving up the cost of electronics. The Prediction Kirkby said she had not yet seen price increases from premium handset manufacturers, but expected companies such as Apple to pass higher costs on to customers. BT plans to cut costs by a further £700m over the next four years and reported flat full-year earnings and falling revenues.
#BT #Artificial Intelligence #Chip Shortage
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Sports May 21, 2026

Germany names Manuel Neuer as first-choice World Cup keeper

Germany coach Julian Nagelsmann has named Manuel Neuer as his first-choice goalkeeper for the upcom…
The Comeback of Manuel Neuer Bayern Munich's Manuel Neuer has come out of international retirement to compete in next month's World Cup after being named as the starting goalkeeper in Germany coach Julian Nagelsmann's squad for the tournament. Nagelsmann's Decision Nagelsmann made the decision after having long labelled Hoffenheim's Oliver Baumann as his first-choice keeper. "Yes, I plan with that [with Neuer as number one]," Nagelsmann told a press conference. "The main task was to nominate the best three keepers. So we decided that these three are part of that." Neuer's Career Revival The 40-year-old Neuer, who last competed for Germany at Euro 2024 before his international retirement, is now set to play in his fifth successive World Cup, joining an elite group of football players with five or more tournaments. Neuer, a 2014 World Cup winner, enjoyed a solid season with champions Bayern, who could win the domestic double with victory over VfB Stuttgart in the German Cup final on Saturday. Germany's World Cup Squad There were few other major surprises in Nagelsmann's 26-man squad for the tournament starting next month. But the coach also called up Bayern's teenage player Lennart Karl, who enjoyed a meteoric rise this season, as well as Nadiem Amiri and Leroy Sane, who both had outside chances of earning a spot. Germany's World Cup Goals Germany, who face Curacao, Ecuador and Ivory Coast in Group E at the World Cup, have set their sights on a fifth title after shock first-round exits in the past two editions in 2018 and 2022. "The statement stands," Nagelsmann said. "We want to become world champions. Every player who is nominated needs to show it now every day." Full Germany Squad Goalkeepers: Manuel Neuer, Oliver Baumann, Alexander Nubel Defenders: Nico Schlotterbeck, David Raum, Nathaniel Brown, Jonathan Tah, Waldemar Anton, Pascal Gross, Joshua Kimmich, Felix Nmecha, Malick Thiaw, Aleksandar Pavlovic, Antonio Rudiger, Angelo Stiller Midfielders/Forwards: Leon Goretzka, Maximilian Beier, Jamal Musiala, Nadiem Amiri, Jamie Leweling, Kai Havertz, Lennart Karl, Florian Wirtz, Deniz Undav, Nick Woltemade, Leroy Sane
#Manuel Neuer #Germany #World Cup
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Economy May 21, 2026

The Economics of Hormuz: Calculating the Cost of Iran's Transit Toll

As the Strait of Hormuz remains closed eleven weeks into the Iran war, this analysis examines wheth…
The LeadEleven weeks after the start of the Iran war, the Strait of Hormuz has remained closed to naval traffic, bleeding the global economy far beyond the Gulf. Iran's Islamic Revolutionary Guard Corps (IRGC) maintains an iron grip over this narrow, strategic waterway, while a corresponding United States naval blockade on Iranian ports has failed to reopen it.Before the war began, between 120 and 140 ships travelled through the strait each day, about half of them oil tankers carrying some 20 million barrels of oil between them. Now, only a few vessels whose owners have negotiated with the IRGC are permitted to pass.The Strategic Control of HormuzOn Wednesday, Iran said it coordinated the transit of 26 vessels through the Strait of Hormuz in 24 hours, two days after announcing the formation of the Persian Gulf Strait Authority (PGSA), a new body to provide "real-time updates" on operations in the strait.Since the announcement of a temporary ceasefire between the US and Iran in April, Iran has been working on formalising a mechanism to charge a transit fee from ships crossing the critical chokepoint, through which 20 percent of the world's oil and liquefied natural gas (LNG) are shipped during peacetime.Tehran has reportedly already charged fees as high as $2m per ship for transit since the war started. Even though countries opposing Tehran say this is illegal, it may still be less expensive than the overall cost of the closure of the strait each day.The Economic Cost of BlockadeNearly one-fifth of global oil and LNG exports were shipped by Gulf producers through the Strait of Hormuz before the US and Israel bombed Iran on February 28, triggering the Iranian closure of the waterway. The strait is the only waterway linking Gulf producers to the open ocean – there is no other route through which they can ship exports.About 20.3 million barrels per day of oil passed through the Strait of Hormuz in peacetime – nearly 27 percent of global maritime oil trade. The lion's share of that crude went to Asian markets.Global LNG trade has been similarly hard hit. On the day before the war broke out, Brent crude – the global benchmark for oil prices – closed at $72.48 per barrel. After Iran closed the waterway on March 4 and began attacks on vessels attempting to sail through, traffic came to a standstill, stranding about 2,000 ships on either side of the strait.In terms of lost oil revenues, this amounts to $114.8bn of losses per day. About 10 billion cubic feet of LNG per day also used to pass through the strait, worth a further $7.8bn.The Cost-Benefit Analysis of Transit FeesFor hundreds of ships stranded in the Gulf with thousands of sailors on board, the cost of remaining anchored is steep, including crew wages, loan repayments, repair and management, coupled with inflated war risk premiums.In turn, Iran has reportedly been charging up to $2m for authorisation to pass. Experts say many will see this as worthwhile purely in terms of monetary cost."There is no doubt that paying Iran is cheaper than a continuous blockade because a sitting tanker bleeds money," said Nader Habibi, an Iranian American economist."It makes sense from an economic point of view, but it is not politically feasible," he added. "The companies are under pressure from the US sanctions and not to make arrangements with Iran. This is not just a purely economic cost-benefit analysis, but long-term considerations that are taken into account."International Legal PerspectivesInternational law protects free transit through strategic waters such as natural straits like Hormuz, barring countries from imposing passage tolls even where the waterways fall entirely into territorial waters, like in the case of Hormuz.However, services such as security controls, inspections and insurance regimes can be charged for. Chargeable fees also partly depend on whether a waterway is a man-made passageway or a natural one.These are three different precedents in maritime traffic flow:Panama Canal: An artificial waterway connecting the Atlantic and Pacific oceans. Vessels pass through a unique system of locks that raise and lower vessels across elevated terrain. Since Panama built, maintains and operates the canal, it can charge transit fees based on vessel size, cargo capacity and booking priority. These range from several hundred thousand dollars per transit to some slots sold for millions of dollars.Suez Canal: Another artificial canal, linking the Mediterranean and Red seas. Egypt charges transit fees for the use of canal infrastructure, maintenance and traffic management services through the narrow waterway. Container ships and oil tankers pay from several hundred thousand dollars to more than one million dollars per voyage.Turkiye's Bosporus Strait and Dardanelles: These are different because they are natural straits, rather than man-made canals. Turkiye charges for navigation-related services such as lighthouse operations, rescue readiness, medical support and traffic management – and tightly controls ship scheduling and navigation.Regional Cooperation PossibilitiesIran's newly-formed PGSA published a new map of Hormuz, stretching from Kuh-e Mubarak in Iran to south of Fujairah, in the UAE, at the eastern entrance of the strait, and from the tip of Qeshm Island to Umm al-Quwain at the western entrance.Given how the Iran war has spilled over into the Gulf region – with the UAE taking the brunt of Iranian strikes – economist Mohammad Reza Farzanegan said "regional cooperation with Iran is the most realistic path to stable transit through the Strait of Hormuz."The UAE, Oman, Qatar and Iran will have to work together because their economies require it, he argued. A workable arrangement could include a joint maritime authority, shared monitoring, emergency coordination, environmental protection and service-based contributions for maintaining safe passage."This would give Iran a recognised role in the security of the waterway while giving Persian Gulf economies more predictability," Farzanegan added. "Such a framework is also more realistic than relying on external military enforcement, which has been more a source of trouble for these states."The Future OutlookWhile it may seem that the economics of the closure of the strait are currently skewed towards Iran, Aniseh Tabrizi, an associate fellow on the Middle East and North Africa Programme at think tank Chatham House, noted that "the economics by itself is not going to be the driver to change calculation or move from the current standpoint."She emphasized that Iran and the US need to reach a "diplomatic compromise, with other calculations linked in to the economic factor", before there can be an end to the energy supply crisis.Farzanegan added that if the world expects stable access to the Strait of Hormuz, then paying Iran could well be accepted as the price of keeping the vital waterway predictable. "From an economic perspective, a negotiated transit arrangement [with Iran] now makes more sense than continued closure," he concluded.
#Iran #Strait of Hormuz #Oil Prices
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Sports May 21, 2026

Mane and Koulibaly Lead Senegal’s Star‑Studded World Cup 2026 Squad

Senegal coach Pape Thiaw has unveiled a 28‑man roster for the 2026 World Cup, anchored by veteran s…
Senegal’s national team has confirmed a 28‑man squad for the 2026 FIFA World Cup, with marquee names Sadio Mane and Kalidou Koulibaly leading a blend of seasoned stars and youthful prospects.Senegal Announces 28‑Man Roster Featuring Mane and KoulibalyCoach Pape Thiaw revealed the list on Thursday, noting that two players will be cut before the final deadline at the end of May. The selection reflects a strategic mix of experience, athleticism, and depth across all positions.Squad Composition and Player StatisticsGoalkeepers: Edouard Mendy, Yehvann Diouf, Mory DiawDefenders: Kalidou Koulibaly, Krepin Diatta, Antoine Mendy, Abdoulaye Seck, Ilay Camara, Moussa Niakhate, Mamadou Sarr, El‑Hadji Malick Diouf, Moustapha Mbow, Ismail JakobsMidfielders: Idrissa Gueye, Habib Diarra, Pape Matar Sarr, Pape Gueye, Lamine Camara, Pathe Ciss, Bara NdiayeForwards: Sadio Mane (34, 53 goals in 126 caps), Bamba Dieng, Iliman Ndiaye, Nicolas Jackson, Assane Diao, Ibrahim Mbaye, Cherif Ndiaye, Ismaila SarrThe squad retains the all‑time leading scorer Mane and the experienced centre‑back Koulibaly, while also integrating promising talents such as 18‑year‑old Bayern midfielder Bara Ndiaye.Implications for African Representation and Tournament ProspectsSenegal entered the tournament as the most potent African qualifier, having topped the recent Africa Cup of Nations. Their Group I draw pits them against France (June 16, New Jersey), Norway (June 22), and Iraq (June 26), offering a challenging path but also a chance to replicate their 2002 quarter‑final run.The inclusion of both veteran leaders and dynamic youngsters signals a clear intent to advance beyond the group stage, potentially reshaping the perception of African teams at the World Cup.What to Expect from Senegal in the 2026 World CupAnalysts anticipate that Mane will spearhead the attack, supported by pacey wingers Ismaila Sarr and Nicolas Jackson. Defensively, Koulibaly provides stability, while the midfield depth—featuring Gueye and emerging talents—offers tactical flexibility.If the squad can stay injury‑free and integrate the new call‑ups quickly, Senegal could challenge for a knockout‑stage berth, aiming to surpass their 2018 group‑stage exit and 2022 round‑of‑16 finish.
#Sadio Mane #Kalidou Koulibaly #Senegal
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Sports May 21, 2026

Canadian Musician Mario Lapointe Revamps Dumbarton FC Women with Revenue‑Sharing Model

Canadian songwriter and entrepreneur Mario Lapointe (stage name Vintage) bought the struggling Dumb…
Lead: Lapointe’s Unlikely Journey from Music to Scottish FootballMario Lapointe, a Canadian musician known as Vintage, became the owner of Dumbarton FC Women a year ago, rescuing the club from imminent liquidation and pledging a new financial model that puts the players at the centre of revenue generation.From Studio to Stadium: The Acquisition of Dumbarton FC WomenOwner: Mario Lapointe (Canadian songwriter/entrepreneur)Club: Dumbarton FC Women, competing in the Scottish Women’s Football League Central‑West (third tier)Acquisition date: Summer 2025, after months of negotiationsMotivation: Prevent club assets from being sold for housing development and preserve 153‑year historyRevenue‑Sharing Model: 50% of Gate and Season Ticket IncomeLapointe proposes a simple revenue‑sharing scheme: 50% of all gate receipts and season‑ticket sales will be allocated directly to the women’s team, rather than being pooled into the men’s side. The model replaces the traditional profit‑sharing language with a clear, measurable split that aims to fund travel, equipment and eventually player salaries.Community Impact: Scheduling, Sponsorship and Player EmpowermentThe owner plans to move all women’s fixtures to Friday nights to avoid the traditional Sunday slot, which he believes limits attendance. By playing at The Rock stadium for the first time, the club hopes to attract more sponsors and give players a public platform – “the players become a megaphone for the team”, he says. This approach also seeks to grow the local fan base and integrate university talent from Glasgow and beyond.Looking Ahead: Professionalisation and Potential PromotionLapointe’s long‑term goal is not merely promotion to the Scottish Women’s Premier League but the creation of a professional environment where athletes are paid. He envisions a future where the club can sustain salaries, expand its talent pool and become a model for community‑owned women’s football in Scotland.
#Mario Lapointe #Dumbarton FC #Scottish Women’s Football League
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World Wide May 21, 2026

Ebola Spreads to Conflict Zones: The Postponement of the India-Africa Forum Summit

The Indian government and the African Union have postponed the upcoming India-Africa Forum Summit d…
The upcoming India-Africa Forum Summit has been officially postponed by the African Union and India, marking a significant shift in diplomatic priorities as the Democratic Republic of the Congo battles a resurgence of the Ebola virus.Conflict Zones Complicate the Ebola ResponseThe outbreak has reached South Kivu province, a region currently under the control of the M23 rebels. This development is critical because the area, including the provincial capital Bukavu, is densely populated and difficult to access due to ongoing military conflict. The M23 group, backed by Rwanda, has stated their commitment to working with international partners, yet the presence of the virus in their territory poses a severe logistical challenge for health workers.Alarming Statistics from the WHOAccording to the World Health Organization, this is the 17th outbreak in the DRC. Current figures indicate 600 suspected cases and 139 deaths. The virus has also crossed borders into Uganda, raising the stakes for regional containment. The WHO has declared this an international emergency, signaling that the virus is no longer just a local health crisis but a global threat.Geopolitical Fallout and Aid ShortagesThe postponement highlights the fragility of international cooperation when health crises intersect with political instability. Furthermore, the response is hampered by a sharp decline in foreign aid, particularly from the United States, which has led to shortages of essential supplies for first responders. The decision to delay the summit reflects a recognition that diplomatic engagement is less effective when the health security of the participating nations is compromised.A Long Road to ContainmentThe presence of the virus in rebel-controlled territories suggests that the outbreak will be difficult to contain without a ceasefire. The rescheduling of the India-Africa Summit underscores that public health emergencies often supersede diplomatic agendas, potentially delaying economic cooperation until the crisis stabilizes.
#India #Africa #Ebola
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Sports May 21, 2026

Athlos adds London leg, targeting ‘F1 for track and field’

London will host an all‑female Athlos athletics meet on 18 September 2026, a milestone in founder A…
London will host a star‑studded all‑female Athlos athletics meeting on 18 September 2026, a key step in founder Alexis Ohanian's vision of an “F1 for track and field”.London to host the inaugural Athlos all‑female meetThe competition will be staged at StoneX Stadium in Barnet, a 10,500‑seat venue also used by Saracens rugby and the Shaftesbury Barnet Harriers. Top athletes such as 2023 100 m world champion Sha’Carri Richardson and Paris Olympic 200 m gold medallist Gabby Thomas are confirmed participants.Date: 18 September 2026Venue: StoneX Stadium, LondonKey athletes: Sha’Carri Richardson, Gabby Thomas, othersPrize money and equity model: $2.1 m pot and athlete stakesAthlos offers a total prize pool of $2.1 m (£1.5 m). Winners of individual events can earn up to $65,000, with an extra $25,000 for overall champions, meaning a dual‑city victor could pocket $155,000. In addition, competing athletes receive equity in the league, aligning their financial upside with the competition’s success.Prize pool: $2.1 mIndividual event win: $65,000Overall champion bonus: $25,000Potential total earnings per athlete (both cities): $155,000Potential shake‑up for athletics commercial landscapeOwned by Ohanian’s venture‑capital firm Seven Seven Six (assets of $900 m (£670 m)), Athlos introduces a commercial model rarely seen in track and field. By granting athletes equity and delivering high‑visibility events in global cities, the league aims to overcome the sport’s historic lack of profitability, contrasting with past failed attempts such as Michael Johnson’s Grand Slam Track series.What the next season could look like for AthlosOhanian envisions a season‑long, worldwide league with additional host cities beyond London and New York. Ongoing discussions with World Athletics and “great partners” suggest possible integration with the sport’s governing body, paving the way for a truly global athletics circuit.
#Alexis Ohanian #Athlos #London
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Entertainment May 21, 2026

Bob Odenkirk on Saul, Satire, and His Heart Attack

Bob Odenkirk discusses his role as Saul Goodman, his experiences working with Henry Winkler, and hi…
Unleashing Inner Rage and Satire Bob Odenkirk, known for his role as Saul Goodman in Better Call Saul, recently opened up about life, satire, and his journey as an action hero. In an interview, he expressed his views on the power of satire and his personal experiences that have shaped his career. The Shift to Action Hero Odenkirk discussed how he transitioned from comedy to action roles, citing his age and desire for a change. He mentioned that at 63, he found it challenging to fit into traditional romantic comedies, leading him to explore action movies. His role in Normal, alongside Henry Winkler, marked a significant shift in his career. Working with Henry Winkler Odenkirk praised Henry Winkler, describing him as the "sweetest guy alive." He noted that working with Winkler influenced him to adopt a more patient and kind approach to life's challenges. Odenkirk highlighted the contrast between Winkler's on-screen and off-screen personas, emphasizing Winkler's genuine kindness. Reflections on Saul Goodman Odenkirk shared insights into his portrayal of Saul Goodman, describing the character as earnest but misguided. He discussed how Saul's talents are used for destructive purposes due to his inner resentment. Odenkirk also speculated on what Saul's next move would be if he were to escape prison, suggesting he would continue his schemes but with more caution. Music and Personal Projects Odenkirk touched on his upcoming album, which features comedy Broadway-style songs. He expressed excitement about the project, highlighting the creative process and collaboration with songwriter Mark Nutter. Physical Challenges and Triumphs Odenkirk compared his experiences hiking the West Highland Way and the Inca Trail, noting that the latter was significantly more challenging due to its demanding terrain and high altitude. He also reflected on his performance in Nebraska, appreciating the opportunity to work with Bruce Dern.
#Bob Odenkirk #Saul Goodman #Better Call Saul
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Sports May 21, 2026

Thunder's Gilgeous-Alexander Powers Comeback as Oklahoma City Evens Series with Spurs

Shai Gilgeous-Alexander bounced back with 30 points to lead the Oklahoma City Thunder to a 122-113 …
Thunder Even Series Behind MVP's Strong PerformanceShai Gilgeous-Alexander bounced back from a subpar series opener to score 30 points, Alex Caruso added 17 off the bench and the host Oklahoma City Thunder beat the San Antonio Spurs 122-113 on Wednesday night in Game 2 of the Western Conference finals. The victory evens the series at 1-1 as it shifts to San Antonio for Game 3 on Friday.Thunder's Adjusted Defense Contains WembanyamaThe Thunder playbook in Game 2 was about making life as difficult as possible for Victor Wembanyama, hoping to prevent outbursts like the 41-point, 24-rebound gem he put together in San Antonio's 122-115 win in Game 1. Coach Mark Daigneault adjusted his defensive strategy after the first game, implementing a more varied approach to contain the Spurs' star."Every good player, they have to feel the defense," Gilgeous-Alexander said. "It's tough. He's very different to scout. You've got to try to mix things up, you've got try different things. And that's just what we did. Coach tried something in the first game, didn't like it, tried something else. That's what it's about."Bench Depth and Turnovers Prove DecisiveThe Thunder finished with a 57-25 edge in bench scoring, plus a 27-10 advantage in points off turnovers. Chet Holmgren scored 13 points and reserves Jared McCain and Cason Wallace each had 12 for Oklahoma City, demonstrating the team's depth beyond their star players."I thought we all played better," Thunder coach Mark Daigneault said. "I had a quiet confidence about that. I didn't know if we'd win or lose the game, but I was pretty sure after watching Game 1 and knowing our team that we were going to come out and play better tonight."Injuries Mount as Series Shifts to San AntonioThe win was not without cost for the Thunder, who lost guard Jalen Williams in the first half with a recurrence of a hamstring issue. He had already missed six games in these playoffs with a left hamstring strain, putting his availability for Friday into doubt.The Spurs also got banged up. Already without All-Star guard De'Aaron Fox because of ankle soreness, San Antonio lost his replacement in the starting lineup, Dylan Harper, to a right leg injury after he took a couple of awkward falls in the third quarter."Obviously this team is as good as anybody at turning you over, so when you're down some of your primary creators and initiators it causes a little bit of an extra strain, whether that's who to play, what to play, what to run, etc, etc," Spurs coach Mitch Johnson said. "We'll just have to be sharper in that area because it's tough fully loaded against these guys."Series Outlook Shifts After Thunder's ResponseWith the series now tied and heading to San Antonio, both teams face questions about health and adjustments. The Thunder showed their ability to respond after a poor Game 1 performance, while the Spurs must determine how to compensate for their growing list of injuries."The guys brought it tonight," said Gilgeous-Alexander, who was recently named the league MVP for the second straight season. "Knowing what it would have meant if we lost this one, we brought the energy from the jump." The series now becomes a best-of-three with Game 3 set for Friday in San Antonio.
#Shai Gilgeous-Alexander #Oklahoma City Thunder #San Antonio Spurs
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